2019 Q4 Form 10-Q Financial Statement

#000000349919000021 Filed on October 28, 2019

View on sec.gov

Income Statement

Concept 2019 Q4 2019 Q3 2018 Q3
Revenue $55.88M $57.76M $59.13M
YoY Change -2.93% -2.31% 1.77%
Cost Of Revenue $23.20M $23.80M $27.00M
YoY Change -4.13% -11.85% 20.54%
Gross Profit $32.60M $34.00M $32.10M
YoY Change -2.4% 5.92% -10.08%
Gross Profit Margin 58.34% 58.86% 54.29%
Selling, General & Admin $900.0K $900.0K $500.0K
YoY Change 28.57% 80.0% 400.0%
% of Gross Profit 2.76% 2.65% 1.56%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $9.100M $9.100M $9.600M
YoY Change -1.09% -5.21% -1.03%
% of Gross Profit 27.91% 26.76% 29.91%
Operating Expenses $8.800M $32.55M $35.77M
YoY Change 3.53% -8.99% 15.65%
Operating Profit $23.80M $1.447M $23.36M
YoY Change -4.42% -93.8% -14.02%
Interest Expense -$9.500M -$8.700M -$8.400M
YoY Change -36.24% 3.57% 21.74%
% of Operating Profit -39.92% -601.24% -35.97%
Other Income/Expense, Net
YoY Change
Pretax Income $14.40M $16.50M $15.00M
YoY Change 44.0% 9.97% -26.11%
Income Tax $1.000K
% Of Pretax Income 0.01%
Net Earnings $14.43M $16.49M $15.00M
YoY Change 44.76% 9.93% -26.09%
Net Earnings / Revenue 25.83% 28.55% 25.38%
Basic Earnings Per Share $2.82 $3.22 $2.93
Diluted Earnings Per Share $2.82 $3.22 $2.93
COMMON SHARES
Basic Shares Outstanding 5.107M shares 5.107M shares 5.107M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q4 2019 Q3 2018 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $312.5M $321.1M $333.3M
YoY Change 2.04% -3.65% 7.71%
Cash & Equivalents $298.1M $304.2M $303.7M
Short-Term Investments $14.41M $16.91M $29.60M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $6.100M $5.600M $3.600M
Other Receivables $166.4M $166.9M $169.2M
Total Short-Term Assets $470.6M $476.7M $476.5M
YoY Change 3.2% 0.04% 3.63%
LONG-TERM ASSETS
Property, Plant & Equipment $721.4M $722.4M $735.0M
YoY Change -1.22% -1.71% -3.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $14.40M $16.90M $225.8M
YoY Change -37.93% -92.52% -1.27%
Other Assets $57.00M $51.10M $47.30M
YoY Change 21.02% 8.03% -63.47%
Total Long-Term Assets $794.9M $806.7M $1.024B
YoY Change -4.18% -21.25% -11.86%
TOTAL ASSETS
Total Short-Term Assets $470.6M $476.7M $476.5M
Total Long-Term Assets $794.9M $806.7M $1.024B
Total Assets $1.266B $1.283B $1.501B
YoY Change -1.56% -14.49% -7.47%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $31.80M $39.00M $36.30M
YoY Change 2.91% 7.44% -0.55%
Accrued Expenses $4.800M $5.000M
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 $38.00M $48.60M $36.70M
YoY Change 20.25% 32.43% -0.81%
LONG-TERM LIABILITIES
Long-Term Debt $971.0M $969.7M $1.163B
YoY Change 0.54% -16.61% -6.23%
Other Long-Term Liabilities $3.000M $3.000M $3.000M
YoY Change 0.0% 0.0% 3.45%
Total Long-Term Liabilities $974.0M $972.7M $1.166B
YoY Change 0.54% -16.57% -6.2%
TOTAL LIABILITIES
Total Short-Term Liabilities $38.00M $48.60M $36.70M
Total Long-Term Liabilities $974.0M $972.7M $1.166B
Total Liabilities $1.012B $1.021B $1.203B
YoY Change 1.15% -15.09% -6.03%
SHAREHOLDERS EQUITY
Retained Earnings $216.4M $225.0M $261.5M
YoY Change -12.9% -13.96% -14.65%
Common Stock $5.173M $5.173M $5.173M
YoY Change 0.0% 0.0% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost) $368.0K $368.0K $368.0K
YoY Change 0.0% 0.0% 0.0%
Treasury Stock Shares 66.16K shares 66.16K shares 66.16K shares
Shareholders Equity $253.5M $262.1M $298.1M
YoY Change
Total Liabilities & Shareholders Equity $1.266B $1.283B $1.501B
YoY Change -1.56% -14.49% -7.47%

Cashflow Statement

Concept 2019 Q4 2019 Q3 2018 Q3
OPERATING ACTIVITIES
Net Income $14.43M $16.49M $15.00M
YoY Change 44.76% 9.93% -26.09%
Depreciation, Depletion And Amortization $9.100M $9.100M $9.600M
YoY Change -1.09% -5.21% -1.03%
Cash From Operating Activities $26.10M $49.20M $33.20M
YoY Change 283.82% 48.19% -8.79%
INVESTING ACTIVITIES
Capital Expenditures -$2.800M -$1.700M -$700.0K
YoY Change 86.67% 142.86% -30.0%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $800.0K
YoY Change -100.0% -100.0% -100.4%
Cash From Investing Activities -$2.800M -$1.700M $100.0K
YoY Change 211.11% -1800.0% -100.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -23.00M -23.00M -24.10M
YoY Change -10.51% -4.56% 6.64%
NET CHANGE
Cash From Operating Activities 26.10M 49.20M 33.20M
Cash From Investing Activities -2.800M -1.700M 100.0K
Cash From Financing Activities -23.00M -23.00M -24.10M
Net Change In Cash 300.0K 24.50M 9.200M
YoY Change -101.52% 166.3% -104.94%
FREE CASH FLOW
Cash From Operating Activities $26.10M $49.20M $33.20M
Capital Expenditures -$2.800M -$1.700M -$700.0K
Free Cash Flow $28.90M $50.90M $33.90M
YoY Change 248.19% 50.15% -9.36%

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us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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54000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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CY2019Q3 us-gaap Comprehensive Income Net Of Tax
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16515000 USD
CY2018Q3 us-gaap Comprehensive Income Net Of Tax
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22000 USD
CY2019Q3 us-gaap Stockholders Equity
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23028000 USD
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CY2018Q3 us-gaap Stockholders Equity
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CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
285092000 USD
us-gaap Net Income Loss
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45641000 USD
us-gaap Dividends Common Stock Cash
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69090000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
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54000 USD
us-gaap Stock Granted During Period Value Sharebased Compensation
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CY2019Q3 us-gaap Stockholders Equity
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us-gaap New Accounting Pronouncement Or Change In Accounting Principle Effect Of Change On Net Income
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0 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
-5000 USD
us-gaap Increase Decrease In Other Operating Liabilities
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us-gaap Stock Granted During Period Value Sharebased Compensation
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394000 USD
CY2018Q3 us-gaap Stockholders Equity
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us-gaap Net Income Loss
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45641000 USD
us-gaap Net Income Loss
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us-gaap Depreciation Depletion And Amortization
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27401000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29323000 USD
us-gaap Straight Line Rent
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us-gaap Straight Line Rent
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us-gaap Share Based Compensation
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394000 USD
us-gaap Share Based Compensation
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394000 USD
us-gaap Marketable Securities Unrealized Gain Loss
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us-gaap Marketable Securities Unrealized Gain Loss
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1549000 USD
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938000 USD
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us-gaap Increase Decrease In Other Operating Assets
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us-gaap Increase Decrease In Due To Related Parties
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3981000 USD
us-gaap Increase Decrease In Due To Related Parties
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us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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139000 USD
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99953000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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66653000 USD
alx Payments For Capital Improvements And Construction In Process
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alx Payments For Capital Improvements And Construction In Process
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2514000 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
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0 USD
us-gaap Proceeds From Principal Repayments On Loans And Leases Held For Investment
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2300000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
69072000 USD
us-gaap Payments Of Debt Issuance Costs
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us-gaap Payments Of Debt Issuance Costs
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185000 USD
us-gaap Repayments Of Long Term Debt
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0 USD
us-gaap Repayments Of Long Term Debt
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159460000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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78246000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-69105000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
24282000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect
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us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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0 USD
alx Reclassificationof Prepaid Real Estate Taxesto Constructionin Progress
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1466000 USD
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125257000 USD
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289495000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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393279000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
313777000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
309247000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
283056000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
307536000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
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6439000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
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CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
289495000 USD
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393279000 USD
CY2019Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
304229000 USD
CY2018Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
303710000 USD
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CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
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5537000 USD
CY2019Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
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313777000 USD
CY2018Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
309247000 USD
us-gaap Interest Paid Net
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us-gaap Interest Paid Net
InterestPaidNet
27728000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
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5428000 USD
alx Reclassificationof Prepaid Real Estate Taxesto Constructionin Progress
ReclassificationofPrepaidRealEstateTaxestoConstructioninProgress
0 USD
alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
233000 USD
alx Non Cash Additions To Real Estate
NonCashAdditionsToRealEstate
36000 USD
alx Write Off Of Fully Amortized And Depreciated Assets
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0 USD
alx Write Off Of Fully Amortized And Depreciated Assets
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13791000 USD
us-gaap Nature Of Operations
NatureOfOperations
<div style="line-height:120%;font-size:10pt;text-indent:-48px;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Alexander’s, Inc. (NYSE: ALX) is a real estate investment trust (“REIT”), incorporated in Delaware, engaged in leasing, managing, developing and redeveloping its properties. All references to “we,” “us,” “our,” “Company” and “Alexander’s” refer to Alexander’s, Inc. and its consolidated subsidiaries. We are managed by, and our properties are leased and developed by, Vornado Realty Trust (“Vornado”) (NYSE: VNO). We have </span><span style="font-family:inherit;font-size:10pt;"><span>seven</span></span><span style="font-family:inherit;font-size:10pt;"> properties in the greater New York City metropolitan area.</span></div>
us-gaap Basis Of Accounting
BasisOfAccounting
<div style="line-height:120%;font-size:10pt;text-indent:-24px;"><span style="font-family:inherit;font-size:10pt;font-weight:bold;">Basis of Presentation</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:30px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">The accompanying consolidated financial statements are unaudited and include the accounts of Alexander’s and its consolidated subsidiaries. All intercompany amounts have been eliminated. In our opinion, all adjustments (which include only normal recurring adjustments) necessary to present fairly the financial position, results of operations and changes in cash flows have been made. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted. These condensed consolidated financial statements have been prepared in accordance with the instructions to Form 10-Q of the Securities and Exchange Commission (the “SEC”) and should be read in conjunction with the consolidated financial statements and notes thereto included in our Annual Report on Form 10-K for the year ended December 31, 2018, as filed with the SEC.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">We have made estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could differ from those estimates. The results of operations for the three and nine months ended September 30, 2019 are not necessarily indicative of the operating results for the full year.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Subsequent to the issuance of our consolidated financial statements for the year ended December 31, 2018, we determined that the </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> participation in our Rego Park II shopping center mortgage loan was incorrectly classified as an asset, presented as “Rego Park II loan participation,” instead of as a reduction to “mortgages payable, net of deferred debt issuance costs” on our consolidated balance sheet as of December 31, 2018. On December 12, 2018, we refinanced this mortgage loan and the interest rate on the existing loan participation was adjusted to equal the interest rate on the refinanced loan. Consequently, we should have considered </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> of the Rego Park II shopping center mortgage loan liability extinguished as the participation interest is considered the reacquisition of our debt. Accordingly, our consolidated balance sheet for the year ended December 31, 2018 has been restated to reclassify </span><span style="font-family:inherit;font-size:10pt;"><span>$195,708,000</span></span><span style="font-family:inherit;font-size:10pt;"> from “Rego Park II loan participation” to “mortgages payable, net of deferred debt issuance costs.” This reclassification had no impact to our consolidated statements of income, comprehensive income or changes in equity for the three and nine months ending September 30, 2018 or our consolidated statement of cash flows for the nine months ending September 30, 2018.</span></div><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:32px;font-size:10pt;"><span style="font-family:inherit;font-size:10pt;">Certain prior year balances have been reclassified in order to conform to the current period presentation. For the three and nine months ended September 30, 2018, “property rentals” of </span><span style="font-family:inherit;font-size:10pt;"><span>$38,250,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$115,109,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, and “expense reimbursements” of </span><span style="font-family:inherit;font-size:10pt;"><span>$20,875,000</span></span><span style="font-family:inherit;font-size:10pt;"> and </span><span style="font-family:inherit;font-size:10pt;"><span>$60,149,000</span></span><span style="font-family:inherit;font-size:10pt;">, respectively, were grouped into “rental revenues” on our consolidated statements of income in accordance with Accounting Standards Codification (“ASC”) Topic 205 </span><span style="font-family:inherit;font-size:10pt;font-style:italic;">Presentation of Financial Statements</span><span style="font-family:inherit;font-size:10pt;">. </span></div><span style="font-family:inherit;font-size:10pt;">We operate in </span><span style="font-family:inherit;font-size:10pt;"><span>one</span></span><span style="font-family:inherit;font-size:10pt;"> reportable segment.</span>
us-gaap Number Of Reportable Segments
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1 segment
CY2019Q3 us-gaap Lessee Operating Lease Renewal Term
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P10Y
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34563000 USD
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4663000 USD
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us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
163597000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
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Revenues
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CY2018Q3 us-gaap Revenues
Revenues
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us-gaap Revenues
Revenues
170470000 USD
us-gaap Revenues
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us-gaap Operating Lease Lease Income Lease Payments
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us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
55940000 USD
CY2019Q3 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
55267000 USD
us-gaap Operating Lease Lease Income
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163597000 USD
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CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0453
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CY2019Q3 alx Lessee Operating Lease Number Of Extension Options
LesseeOperatingLeaseNumberOfExtensionOptions
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56.05
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CY2019Q3 alx Lessor Operating Lease Paymentstobe Received Six Years
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133429000 USD
CY2019Q3 alx Lessor Operating Lease Paymentstobe Receivedafter Year Six
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613983000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
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200000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
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800000 USD
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800000 USD
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800000 USD
CY2019Q3 alx Lessee Operating Lease Liability Payments Duein Year Six
LesseeOperatingLeaseLiabilityPaymentsDueinYearSix
800000 USD
CY2019Q3 alx Lessee Operating Lease Liability Payments Dueafter Year Six
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1600000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
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5800000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
807000 USD
CY2019Q3 us-gaap Operating Lease Liability
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4993000 USD
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CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
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800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
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800000 USD
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us-gaap Lease And Rental Expense
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us-gaap Operating Lease Payments
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CY2019Q3 us-gaap Letters Of Credit Outstanding Amount
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CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
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0 shares
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15003000 USD
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45641000 USD
us-gaap Income Loss From Continuing Operations
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CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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CY2019Q3 us-gaap Net Income Loss
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16493000 USD
CY2018Q3 us-gaap Net Income Loss
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15003000 USD
us-gaap Net Income Loss
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45641000 USD
us-gaap Net Income Loss
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22873000 USD
CY2019Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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5118698 shares
CY2018Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5117347 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5118030 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
5116667 shares
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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3.22
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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2.93
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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8.92
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
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9.12
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
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0
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-4.65
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
3.22
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
2.93
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
8.92
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
4.47

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