2019 Q2 Form 10-Q Financial Statement

#000154565419000034 Filed on August 02, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $109.1M $112.1M
YoY Change -2.68% 14.27%
Cost Of Revenue $21.30M $89.10M
YoY Change -76.09% 113.67%
Gross Profit $87.80M $23.00M
YoY Change 281.74% -59.22%
Gross Profit Margin 80.48% 20.52%
Selling, General & Admin $16.20M $15.10M
YoY Change 7.28% 2.03%
% of Gross Profit 18.45% 65.65%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $12.50M $11.10M
YoY Change 12.61% 5.71%
% of Gross Profit 14.24% 48.26%
Operating Expenses $16.20M $15.10M
YoY Change 7.28% 2.03%
Operating Profit $5.200M $18.80M
YoY Change -72.34% -13.76%
Interest Expense $8.100M $8.900M
YoY Change -8.99% 43.55%
% of Operating Profit 155.77% 47.34%
Other Income/Expense, Net -$100.0K $100.0K
YoY Change -200.0% -103.03%
Pretax Income -$1.300M $2.800M
YoY Change -146.43% -62.67%
Income Tax $0.00 -$100.0K
% Of Pretax Income -3.57%
Net Earnings -$800.0K $2.500M
YoY Change -132.0% -41.86%
Net Earnings / Revenue -0.73% 2.23%
Basic Earnings Per Share -$0.01 $0.03
Diluted Earnings Per Share -$0.01 $0.03
COMMON SHARES
Basic Shares Outstanding 72.20M shares 72.00M shares
Diluted Shares Outstanding 72.20M shares 72.30M shares

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.500M $9.500M
YoY Change -42.11% -13.64%
Cash & Equivalents $5.500M $9.500M
Short-Term Investments
Other Short-Term Assets $74.20M
YoY Change 15.22%
Inventory $28.20M $28.70M
Prepaid Expenses
Receivables $70.00M $54.70M
Other Receivables $0.00 $0.00
Total Short-Term Assets $103.7M $167.1M
YoY Change -37.94% 5.09%
LONG-TERM ASSETS
Property, Plant & Equipment $1.885B $1.321B
YoY Change 42.66% 6.95%
Goodwill $65.10M $102.3M
YoY Change -36.36% 0.0%
Intangibles $77.80M
YoY Change 54.67%
Long-Term Investments $388.3M
YoY Change -2.61%
Other Assets $102.8M $57.50M
YoY Change 78.78% 22.08%
Total Long-Term Assets $2.081B $2.105B
YoY Change -1.15% 4.32%
TOTAL ASSETS
Total Short-Term Assets $103.7M $167.1M
Total Long-Term Assets $2.081B $2.105B
Total Assets $2.185B $2.272B
YoY Change -3.86% 4.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.30M $40.10M
YoY Change -51.87% 24.53%
Accrued Expenses $43.00M
YoY Change 25.73%
Deferred Revenue $8.000M $2.000M
YoY Change 300.0%
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due $35.80M
YoY Change -18.82%
Total Short-Term Liabilities $33.90M $120.9M
YoY Change -71.96% -5.69%
LONG-TERM LIABILITIES
Long-Term Debt $727.7M $755.0M
YoY Change -3.62% 42.24%
Other Long-Term Liabilities $222.4M $34.80M
YoY Change 539.08% -19.26%
Total Long-Term Liabilities $950.1M $812.9M
YoY Change 16.88% -0.91%
TOTAL LIABILITIES
Total Short-Term Liabilities $33.90M $120.9M
Total Long-Term Liabilities $950.1M $812.9M
Total Liabilities $984.0M $933.8M
YoY Change 5.38% -1.56%
SHAREHOLDERS EQUITY
Retained Earnings -$554.0M -$426.0M
YoY Change 30.05% -541.45%
Common Stock $1.796B $1.791B
YoY Change 0.28% 54.53%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.188B $1.325B
YoY Change
Total Liabilities & Shareholders Equity $2.185B $2.272B
YoY Change -3.86% 4.37%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income -$800.0K $2.500M
YoY Change -132.0% -41.86%
Depreciation, Depletion And Amortization $12.50M $11.10M
YoY Change 12.61% 5.71%
Cash From Operating Activities $56.50M $18.30M
YoY Change 208.74% -405.0%
INVESTING ACTIVITIES
Capital Expenditures -$186.8M -$12.60M
YoY Change 1382.54% -27.17%
Acquisitions
YoY Change
Other Investing Activities $3.500M $8.500M
YoY Change -58.82% 1316.67%
Cash From Investing Activities -$183.3M -$4.100M
YoY Change 4370.73% -75.45%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -58.40M -48.10M
YoY Change 21.41% -521.93%
NET CHANGE
Cash From Operating Activities 56.50M 18.30M
Cash From Investing Activities -183.3M -4.100M
Cash From Financing Activities -58.40M -48.10M
Net Change In Cash -185.2M -33.90M
YoY Change 446.31% 200.0%
FREE CASH FLOW
Cash From Operating Activities $56.50M $18.30M
Capital Expenditures -$186.8M -$12.60M
Free Cash Flow $243.3M $30.90M
YoY Change 687.38% 173.45%

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72200000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
69200000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72500000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
72300000 shares
CY2019Q2 alex Income Loss From Continuing Operations Available To Common Stockholders
IncomeLossFromContinuingOperationsAvailableToCommonStockholders
-900000 USD
CY2018Q2 alex Income Loss From Continuing Operations Available To Common Stockholders
IncomeLossFromContinuingOperationsAvailableToCommonStockholders
2400000 USD
alex Income Loss From Continuing Operations Available To Common Stockholders
IncomeLossFromContinuingOperationsAvailableToCommonStockholders
8900000 USD
alex Income Loss From Continuing Operations Available To Common Stockholders
IncomeLossFromContinuingOperationsAvailableToCommonStockholders
49800000 USD
CY2019Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
100000 USD
CY2018Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
100000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-700000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2019Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-800000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
2500000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
8200000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
49800000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
-1200000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
3000000.0 USD
us-gaap Profit Loss
ProfitLoss
7500000 USD
us-gaap Profit Loss
ProfitLoss
50400000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-2000000.0 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
600000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
-3500000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
2400000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
300000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification Before Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationBeforeTax
0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1000000.0 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-1200000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-2000000.0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax
-2200000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-200000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-100000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-300000 USD
us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Before Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
-300000 USD
CY2019Q2 alex Other Comprehensive Income Loss Defined Benefit Plan Curtailment Gain Lossbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanCurtailmentGainLossbeforeTax
0 USD
CY2018Q2 alex Other Comprehensive Income Loss Defined Benefit Plan Curtailment Gain Lossbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanCurtailmentGainLossbeforeTax
-400000 USD
alex Other Comprehensive Income Loss Defined Benefit Plan Curtailment Gain Lossbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanCurtailmentGainLossbeforeTax
0 USD
alex Other Comprehensive Income Loss Defined Benefit Plan Curtailment Gain Lossbefore Tax
OtherComprehensiveIncomeLossDefinedBenefitPlanCurtailmentGainLossbeforeTax
-400000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
300000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
-2600000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
4000000.0 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5400000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
53300000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-400000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
500000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-700000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
600000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
-2200000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
0 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
1000000.0 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1400000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000.0 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2900000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
3500000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
6100000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
52700000 USD
us-gaap Profit Loss
ProfitLoss
7500000 USD
us-gaap Profit Loss
ProfitLoss
50400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
23400000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
21300000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
0 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-2700000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
2500000 USD
us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
GainLossOnSalesOfAssetsAndAssetImpairmentCharges
50700000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2700000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2700000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
1400000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-3200000 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
11000000.0 USD
us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
11700000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
1700000 USD
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-3200000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-31400000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1500000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
3100000 USD
us-gaap Increase Decrease In Pension And Postretirement Obligations
IncreaseDecreaseInPensionAndPostretirementObligations
5000000.0 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-10400000 USD
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-2700000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-1400000 USD
us-gaap Increase Decrease In Other Accounts Payable And Accrued Liabilities
IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities
-13400000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
48000000.0 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
34100000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
6600000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
13400000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
194700000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
27400000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
81100000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
26800000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
218400000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
25300000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
3000000.0 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
155300000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
3300000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
PaymentsToAcquireBusinessesAndInterestInAffiliates
15800000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
10600000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
20300000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-235500000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-60200000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
53900000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
504100000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
109200000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
391100000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
4000000.0 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
14900000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
200000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22400000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
156600000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1100000 USD
us-gaap Payments For Repurchase Of Equity
PaymentsForRepurchaseOfEquity
1400000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-74800000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-60100000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-229200000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-93500000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
234900000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
103200000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5700000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9700000 USD
us-gaap Interest Paid Net
InterestPaidNet
15300000 USD
us-gaap Interest Paid Net
InterestPaidNet
17000000.0 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-25800000 USD
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
alex Distributions Made To Noncontrolling Interest Distributions Declared
DistributionsMadeToNoncontrollingInterestDistributionsDeclared
300000 USD
alex Distributions Made To Noncontrolling Interest Distributions Declared
DistributionsMadeToNoncontrollingInterestDistributionsDeclared
0 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
3100000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
1400000 USD
us-gaap Loans Assumed1
LoansAssumed1
0 USD
us-gaap Loans Assumed1
LoansAssumed1
61000000.0 USD
us-gaap Dividends Stock
DividendsStock
0 USD
us-gaap Dividends Stock
DividendsStock
626400000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
31000000.0 USD
us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
1700000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
11400000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
68900000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
223500000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
34300000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
234900000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
103200000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5500000 USD
CY2018Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
9500000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
200000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
200000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5700000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
9700000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
651100000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
50300000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-1400000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2900000 USD
us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
626400000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
200000 USD
alex Redeemable Noncontrolling Interest Equity Adjustments To Redemption Value
RedeemableNoncontrollingInterestEquityAdjustmentsToRedemptionValue
-100000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2700000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1500000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1330400000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1208300000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
7500000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2100000 USD
us-gaap Dividends Cash
DividendsCash
22400000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
300000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
2700000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1100000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1192600000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1325200000 USD
CY2018Q2 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
3100000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1000000.0 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
200000 USD
CY2018Q2 alex Redeemable Noncontrolling Interest Equity Adjustments To Redemption Value
RedeemableNoncontrollingInterestEquityAdjustmentsToRedemptionValue
100000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1400000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1330400000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1205500000 USD
CY2019Q2 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-1200000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1400000 USD
CY2018Q4 alex Number Of Water Licenses Held And Extended As Revocable Permits
NumberOfWaterLicensesHeldAndExtendedAsRevocablePermits
4 License
CY2019Q1 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.50
CY2018Q4 alex Number Of Water Licenses Held And Extended As Revocable Permits
NumberOfWaterLicensesHeldAndExtendedAsRevocablePermits
4 License
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
2300000 USD
us-gaap Pension And Other Postretirement Benefit Expense
PensionAndOtherPostretirementBenefitExpense
1500000 USD
CY2019Q2 us-gaap Dividends Cash
DividendsCash
11900000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-700000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Unclassified Balance Sheet: </span><span style="font-family:inherit;font-size:10pt;background-color:#ffffff;">During the first quarter of 2019, the Company changed the presentation of its balance sheet to be unclassified in order to be comparable with other REIT peers. The change was applied to all periods presented retrospectively.</span></div><div style="line-height:120%;padding-bottom:13px;text-align:justify;text-indent:48px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;font-style:italic;">Gain on Sale of Properties: </span><span style="font-family:inherit;font-size:10pt;background-color:#ffffff;">In November 2018, the SEC finalized the Disclosure Update Simplification Project, which eliminated Rule 3-15(a)(1) reporting of Gain or Loss on Sale of Properties by REITs. To conform with Accounting Standards Codification ("ASC") 360 and the SEC rule change, the Company has classified the gain on dispositions of real estate assets in operating income in the Company's condensed consolidated statements of operations. The Company reclassified the prior period to conform to the current year presentation. This change resulted in an increase of</span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;"><span>$49.8 million</span></span><span style="font-family:inherit;font-size:10pt;"> </span><span style="font-family:inherit;font-size:10pt;background-color:#ffffff;">in operating income during the</span><span style="font-family:inherit;font-size:10pt;background-color:#ffffff;"> </span><span style="font-family:inherit;font-size:10pt;background-color:#ffffff;">six months ended June 30, 2018</span><span style="font-family:inherit;font-size:10pt;background-color:#ffffff;">.</span></div>
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
300000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1300000 USD
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
600000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1192600000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 Segment
CY2019Q2 alex Gross Rentable Area
GrossRentableArea
3800000 sqft
CY2019Q2 us-gaap Land Subject To Ground Leases
LandSubjectToGroundLeases
154 acre
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
2600000 USD
us-gaap Interest Income Expense Nonoperating Net
InterestIncomeExpenseNonoperatingNet
2000000.0 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
8200000 USD
CY2019Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
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alex Income Loss From Continuing Operations Available To Common Stockholders
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0 shares
alex Incremental Common Shares Attributableto Special Distribution
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0 shares
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2400000 USD
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Before Tax
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2900000 USD
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10600000 USD
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200000 USD
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us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
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1100000 USD
us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
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4400000 USD
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CY2018Q2 us-gaap Revenues
Revenues
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us-gaap Revenues
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TotalSegmentOperatingProfitLoss
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36900000 USD
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29100000 USD
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200000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
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us-gaap Gains Losses On Sales Of Investment Real Estate
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49800000 USD
CY2019Q2 us-gaap Interest Expense
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CY2018Q2 us-gaap Interest Expense
InterestExpense
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us-gaap Interest Expense
InterestExpense
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us-gaap Other Selling General And Administrative Expense
OtherSellingGeneralAndAdministrativeExpense
12600000 USD
us-gaap Other Selling General And Administrative Expense
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14000000.0 USD
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us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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7100000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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47600000 USD
CY2019Q2 us-gaap Assets
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109100000 USD
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Revenues
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Revenues
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us-gaap Revenues
Revenues
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49600000 USD
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CY2019Q2 alex Disposal Group Including Discontinued Operations Contingent Liability
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3900000 USD
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us-gaap Contract With Customer Liability Revenue Recognized
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3300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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5700000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
800000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
5600000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due Year Three
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CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
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5600000 USD
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300000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
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4800000 USD
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100000 USD
CY2019Q2 us-gaap Operating Lease Cost
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us-gaap Operating Lease Cost
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3300000 USD
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P9Y6M
CY2019Q2 us-gaap Lessee Operating Lease Discount Rate
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us-gaap Operating Lease Payments
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us-gaap Finance Lease Interest Payment On Liability
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200000 USD
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2900000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
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400000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
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13500000 USD
CY2019Q2 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
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CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
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CY2019Q2 us-gaap Finance Lease Liability Payments Due
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2400000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
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9600000 USD
CY2019Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
200000 USD
CY2019Q2 us-gaap Operating Lease Liability
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28500000 USD
CY2019Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
2200000 USD
CY2019Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2019Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
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CY2019Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
100000 USD
CY2019Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
200000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received
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CY2019Q2 us-gaap Lessor Operating Lease Renewal Term
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P10Y
alex Lessor Operating Lease Option To Terminate Duration
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P1Y
CY2019Q2 us-gaap Operating Lease Lease Income Lease Payments
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us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
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CY2019Q2 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
1100000 USD
us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
2600000 USD
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
27500000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
53900000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
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101900000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
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111600000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
97900000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
86200000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
76500000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
542900000 USD

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0001545654-19-000034.txt Edgar Link pending
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a2019q210-qdoc.htm Edgar Link pending
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