2016 Q4 Form 10-K Financial Statement

#000156918717000008 Filed on March 01, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2016 2015 Q4
Revenue $50.48M $258.4M $41.31M
YoY Change 22.19% 2.36% 28.85%
Cost Of Revenue $57.25M $184.9M $47.26M
YoY Change 21.14% -3.85% 28.08%
Gross Profit $19.74M $73.50M $15.82M
YoY Change 24.78% 22.3% 24.67%
Gross Profit Margin 39.11% 28.45% 38.3%
Selling, General & Admin $2.690M $9.600M $2.100M
YoY Change 28.1% 14.29% 8.25%
% of Gross Profit 13.63% 13.06% 13.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.690M $23.45M $6.170M
YoY Change 57.05% 25.56% 23.9%
% of Gross Profit 49.09% 31.91% 39.0%
Operating Expenses $12.38M $231.7M $8.260M
YoY Change 49.88% 2.59% 19.54%
Operating Profit $19.74M $57.21M $15.82M
YoY Change 24.79% 115.21% 24.71%
Interest Expense -$1.950M $16.47M -$1.700M
YoY Change 14.71% 23.5% -38.85%
% of Operating Profit -9.88% 28.78% -10.75%
Other Income/Expense, Net -$10.00K $147.0K -$1.510M
YoY Change -99.34% 23.53% -7650.0%
Pretax Income $5.250M $43.10M $8.330M
YoY Change -36.97% 38.36% 61.43%
Income Tax $100.0K $343.0K -$120.0K
% Of Pretax Income 1.9% 0.8% -1.44%
Net Earnings $5.145M $28.07M $8.443M
YoY Change -39.06% 42.93% 61.56%
Net Earnings / Revenue 10.19% 10.87% 20.44%
Basic Earnings Per Share
Diluted Earnings Per Share $63.73K $559.8K $190.1K
COMMON SHARES
Basic Shares Outstanding 36.43M shares 33.06M shares 26.52M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q4 2016 2015 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $21.90M $21.90M $27.00M
YoY Change -18.89% -18.89% 4.25%
Cash & Equivalents $21.94M $21.90M $26.99M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $0.00 $0.00 $40.20M
Prepaid Expenses
Receivables $15.10M $15.10M $22.00M
Other Receivables $39.40M $39.40M $36.50M
Total Short-Term Assets $76.40M $76.40M $125.7M
YoY Change -39.22% -39.22% 68.95%
LONG-TERM ASSETS
Property, Plant & Equipment $768.7M $768.7M $508.2M
YoY Change 51.26% 51.26% 6.12%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $10.24M $10.20M $1.411M
YoY Change 625.37%
Other Assets $3.300M $13.40M $7.000M
YoY Change -52.86% 91.43% 4.48%
Total Long-Term Assets $906.1M $906.1M $563.8M
YoY Change 60.69% 60.71% 9.17%
TOTAL ASSETS
Total Short-Term Assets $76.40M $76.40M $125.7M
Total Long-Term Assets $906.1M $906.1M $563.8M
Total Assets $982.5M $982.5M $689.5M
YoY Change 42.48% 42.49% 16.69%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $10.80M $10.80M $6.500M
YoY Change 66.15% 66.15% -22.62%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $61.90M $76.60M $69.60M
YoY Change -11.06% 10.06% 15.81%
LONG-TERM LIABILITIES
Long-Term Debt $522.2M $522.2M $377.6M
YoY Change 38.29% 38.29% 5.98%
Other Long-Term Liabilities $49.40M $34.70M $16.70M
YoY Change 195.81% 107.78% 72.16%
Total Long-Term Liabilities $571.6M $556.9M $394.3M
YoY Change 44.97% 41.24% 7.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $61.90M $76.60M $69.60M
Total Long-Term Liabilities $571.6M $556.9M $394.3M
Total Liabilities $633.5M $834.3M $463.8M
YoY Change 36.58% 30.36% 8.12%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $197.5M $103.2M
YoY Change 91.35% 99.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $148.1M $148.1M $49.55M
YoY Change
Total Liabilities & Shareholders Equity $982.5M $982.5M $689.5M
YoY Change 42.48% 42.49% 16.69%

Cashflow Statement

Concept 2016 Q4 2016 2015 Q4
OPERATING ACTIVITIES
Net Income $5.145M $28.07M $8.443M
YoY Change -39.06% 42.93% 61.56%
Depreciation, Depletion And Amortization $9.690M $23.45M $6.170M
YoY Change 57.05% 25.56% 23.9%
Cash From Operating Activities $21.21M $56.99M $15.47M
YoY Change 37.1% 71.3% 53.62%
INVESTING ACTIVITIES
Capital Expenditures -$28.83M -$259.8M -$17.29M
YoY Change 66.74% 105.64% -25.18%
Acquisitions $195.6M
YoY Change 185.84%
Other Investing Activities -$9.730M $0.00 $21.56M
YoY Change -145.13% -100.0% 308.33%
Cash From Investing Activities -$38.57M -$223.0M $4.280M
YoY Change -1001.17% 284.79% -123.99%
FINANCING ACTIVITIES
Cash Dividend Paid $33.84M
YoY Change 25.23%
Common Stock Issuance & Retirement, Net $68.48M $35.10M
YoY Change 47.38%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 15.84M $161.4M -7.940M
YoY Change -299.5% 561.55% -147.98%
NET CHANGE
Cash From Operating Activities 21.21M $56.99M 15.47M
Cash From Investing Activities -38.57M -$223.0M 4.280M
Cash From Financing Activities 15.84M $161.4M -7.940M
Net Change In Cash -1.520M -$4.620M 11.81M
YoY Change -112.87% 1471.43% 34.51%
FREE CASH FLOW
Cash From Operating Activities $21.21M $56.99M $15.47M
Capital Expenditures -$28.83M -$259.8M -$17.29M
Free Cash Flow $50.04M $316.8M $32.76M
YoY Change 52.75% 98.49% -1.27%

Facts In Submission

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CashAndCashEquivalentsAtCarryingValue
18882000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
25883000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
26989000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
21942000 USD
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CashAndCashEquivalentsPeriodIncreaseDecrease
7001000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
1106000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
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-5047000 USD
CY2014Q1 us-gaap Common Stock Dividends Per Share Declared
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0.16
CY2014Q3 us-gaap Common Stock Dividends Per Share Declared
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0.16
CY2014Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
CY2014Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2015Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2016Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2016Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2016Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.18
CY2014 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.64
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.68
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.72
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2016Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
500000000 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
30076359 shares
CY2015Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
30100000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37490361 shares
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
37500000 shares
CY2015Q4 us-gaap Common Stock Shares Outstanding
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30076359 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
37490361 shares
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CommonStockValue
300000 USD
CY2016Q4 us-gaap Common Stock Value
CommonStockValue
374000 USD
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ComprehensiveIncomeNetOfTax
7691000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
18994000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
28074000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
5068000 USD
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
11141000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
14681000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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12759000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
30135000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
42755000 USD
CY2015Q4 us-gaap Construction In Progress Gross
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53411000 USD
CY2016Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
13529000 USD
CY2015Q4 us-gaap Construction Payable Current
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12300000 USD
CY2016Q4 us-gaap Construction Payable Current
ConstructionPayableCurrent
14600000 USD
CY2015Q4 us-gaap Construction Payable Current And Noncurrent
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52067000 USD
CY2016Q4 us-gaap Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
51130000 USD
CY2015Q4 us-gaap Contract Receivable Retainage
ContractReceivableRetainage
10800000 USD
CY2016Q4 us-gaap Contract Receivable Retainage
ContractReceivableRetainage
11500000 USD
CY2015Q4 us-gaap Contractual Obligation
ContractualObligation
183000000 USD
CY2016Q4 us-gaap Contractual Obligation
ContractualObligation
40500000 USD
CY2014 us-gaap Cost Of Services Overhead
CostOfServicesOverhead
2400000 USD
CY2015 us-gaap Cost Of Services Overhead
CostOfServicesOverhead
2100000 USD
CY2016 us-gaap Cost Of Services Overhead
CostOfServicesOverhead
1700000 USD
CY2015Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
88000 USD
CY2016Q4 us-gaap Costs In Excess Of Billings On Uncompleted Contracts Or Programs
CostsInExcessOfBillingsOnUncompletedContractsOrPrograms
110000 USD
CY2014 us-gaap Current Federal Tax Expense Benefit
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37000 USD
CY2015 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-102000 USD
CY2016 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
197000 USD
CY2014 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
26000 USD
CY2015 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-13000 USD
CY2016 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
24000 USD
CY2015Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
382013000 USD
CY2016Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
527082000 USD
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10839000 USD
CY2016Q4 us-gaap Deferred Costs Leasing Net
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9338000 USD
CY2014 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
6000 USD
CY2015 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
72000 USD
CY2016 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
109000 USD
CY2015Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
7484000 USD
CY2016Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
8202000 USD
CY2014 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1000 USD
CY2015 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
9000 USD
CY2016 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
13000 USD
CY2015Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
600000 USD
CY2016Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
500000 USD
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14984000 USD
CY2015 us-gaap Depreciation
Depreciation
18678000 USD
CY2016 us-gaap Depreciation
Depreciation
23453000 USD
CY2014 us-gaap Depreciation And Amortization
DepreciationAndAmortization
17569000 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
23153000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
35328000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
164000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
259000 USD
CY2015Q4 us-gaap Derivative Fair Value Of Derivative Liability
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1082000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Liability
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829000 USD
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DerivativeGainLossOnDerivativeNet
-233000 USD
CY2015 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-229000 USD
CY2016 us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-941000 USD
CY2014 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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0 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
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-1075000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
0 USD
CY2014 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-233000 USD
CY2015 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-1304000 USD
CY2016 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
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-941000 USD
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DerivativeLiabilities
1082000 USD
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DerivativeLiabilities
829000 USD
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DirectCostsOfLeasedAndRentedPropertyOrEquipment
16667000 USD
CY2015 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
19204000 USD
CY2016 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
21904000 USD
CY2015Q4 us-gaap Dividends Payable Current
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7621000 USD
CY2016Q4 us-gaap Dividends Payable Current
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9727000 USD
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0.36
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
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0.20
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.25
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.10
CY2015Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.19
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.75
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.57
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.15
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.09
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.85
CY2014 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
400000 USD
CY2015 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
400000 USD
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
300000 USD
CY2015Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1411000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
10235000 USD
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18418000 USD
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FiniteLivedIntangibleAssetAcquiredInPlaceLeases
38853000 USD
CY2014 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-512000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-82000 USD
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GeneralAndAdministrativeExpense
7711000 USD
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GeneralAndAdministrativeExpense
8397000 USD
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GeneralAndAdministrativeExpense
9552000 USD
CY2015Q4 us-gaap Incentive To Lessee
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5408000 USD
CY2016Q4 us-gaap Incentive To Lessee
IncentiveToLessee
4764000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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12829000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31149000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
43098000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
70000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-34000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
343000 USD
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-821000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
276000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-121000 USD
CY2014 us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
11164000 USD
CY2015 us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
12664000 USD
CY2016 us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
15189000 USD
CY2014 us-gaap Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
5893000 USD
CY2015 us-gaap Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
17337000 USD
CY2016 us-gaap Increase Decrease In Contract Receivables Net
IncreaseDecreaseInContractReceivablesNet
6385000 USD
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IncreaseDecreaseInOtherOperatingAssets
1420000 USD
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IncreaseDecreaseInOtherOperatingAssets
2463000 USD
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3183000 USD
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-1069000 USD
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2326000 USD
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3761000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
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1824000 USD
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-1580000 USD
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208000 USD
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3100000 USD
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1000000 USD
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InterestCostsCapitalized
1000000 USD
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InterestExpense
10648000 USD
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InterestExpense
13333000 USD
CY2016 us-gaap Interest Expense
InterestExpense
16466000 USD
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0 USD
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InterestIncomeExpenseNonoperatingNet
126000 USD
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InterestIncomeExpenseNonoperatingNet
3228000 USD
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12132000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
12993000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
15326000 USD
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Land
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Land
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1180000 USD
CY2016Q4 us-gaap Land Available For Development
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680000 USD
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26172000 USD
CY2016Q4 us-gaap Land Improvements
LandImprovements
45052000 USD
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Liabilities
463827000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
633490000 USD
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689547000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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982468000 USD
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377593000 USD
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522180000 USD
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83182000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
45210000 USD
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109862000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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104482000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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119818000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
64528000 USD
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176172000 USD
CY2016Q4 us-gaap Minority Interest
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200835000 USD
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23309000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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28277000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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35949000 USD
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Parent
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1
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80945000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
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24401000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
161644000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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-105306000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-56381000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
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-226461000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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31362000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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33086000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
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59770000 USD
CY2014 us-gaap Net Income Loss
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7691000 USD
CY2015Q1 us-gaap Net Income Loss
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8118000 USD
CY2015Q2 us-gaap Net Income Loss
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10285000 USD
CY2015Q3 us-gaap Net Income Loss
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4337000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
8443000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
19642000 USD
CY2016Q1 us-gaap Net Income Loss
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26533000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
3131000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
7946000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
5145000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
28074000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
5068000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
11541000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14681000 USD
CY2015Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5105000 USD
CY2015Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6521000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2688000 USD
CY2015Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5328000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17370000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2034000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5212000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3458000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
16351000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
15169000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
47278000 USD
CY2015Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
7825000 USD
CY2016Q4 us-gaap Notes Receivable Gross
NotesReceivableGross
59546000 USD
CY2016 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4
CY2016Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
4 property
CY2014 us-gaap Operating Expenses
OperatingExpenses
146688000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
225856000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
231706000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
21379000 USD
CY2015Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
12702000 USD
CY2015Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
15101000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
16488000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
15819000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
26584000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
17371000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
17973000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
18393000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
19740000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
26679000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
100380000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
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500000 USD
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2200000 USD
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1900000 USD
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1100000 USD
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CY2016 us-gaap Weighted Average General Partnership Units Outstanding
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CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
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CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
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CY2014 us-gaap Write Off Of Deferred Debt Issuance Cost
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CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div><div style="line-height:120%;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed. Such estimates are based on management&#8217;s historical experience and best judgment after considering past, current and expected events and economic conditions. Actual results could differ from management&#8217;s estimates.</font></div></div>

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