2015 Q2 Form 10-Q Financial Statement
#000103544315000054 Filed on April 29, 2015
Income Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
Revenue | $204.2M | $196.8M | $176.2M |
YoY Change | 15.73% | 11.67% | 17.39% |
Cost Of Revenue | $62.30M | $61.20M | $52.50M |
YoY Change | 18.89% | 16.57% | 16.15% |
Gross Profit | $141.9M | $135.5M | $123.7M |
YoY Change | 14.44% | 9.54% | 17.92% |
Gross Profit Margin | 69.51% | 68.87% | 70.21% |
Selling, General & Admin | $15.00M | $14.40M | $13.20M |
YoY Change | 8.7% | 9.09% | 13.79% |
% of Gross Profit | 10.57% | 10.63% | 10.67% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $62.20M | $58.92M | $50.42M |
YoY Change | 8.55% | 16.86% | 7.28% |
% of Gross Profit | 43.83% | 43.48% | 40.76% |
Operating Expenses | $77.10M | $73.30M | $63.70M |
YoY Change | 8.44% | 15.07% | 10.78% |
Operating Profit | $64.80M | $62.20M | $60.00M |
YoY Change | 22.5% | 3.67% | 26.58% |
Interest Expense | $26.67M | $23.24M | $19.12M |
YoY Change | 52.97% | 21.51% | 6.12% |
% of Operating Profit | 41.15% | 37.36% | 31.87% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $38.40M | $25.10M | $40.90M |
YoY Change | 8.17% | -38.63% | 39.12% |
Income Tax | $0.00 | ||
% Of Pretax Income | 0.0% | ||
Net Earnings | $38.17M | $24.52M | $39.72M |
YoY Change | 9.19% | -38.27% | 39.76% |
Net Earnings / Revenue | 18.7% | 12.46% | 22.54% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | $535.0K | $343.1K | $557.0K |
COMMON SHARES | |||
Basic Shares Outstanding | 72.04M shares | 72.03M shares | 71.64M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $437.0M | $373.7M | $75.00M |
YoY Change | 84.77% | 398.27% | -13.79% |
Cash & Equivalents | $76.38M | $90.64M | $74.97M |
Short-Term Investments | $360.6M | $283.1M | |
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $9.000M | $11.00M | $11.00M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $78.00M | $102.0M | $86.00M |
YoY Change | 6.85% | 18.6% | -10.42% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $7.322B | $7.268B | $6.883B |
YoY Change | 4.87% | 5.59% | 7.97% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $121.1M | $120.0M | $217.0M |
YoY Change | -45.72% | -44.69% | 3616566.67% |
Other Assets | $512.0M | $500.0M | $425.0M |
YoY Change | 18.24% | 17.65% | 18.06% |
Total Long-Term Assets | $8.447B | $8.303B | $7.670B |
YoY Change | 9.1% | 8.26% | 9.65% |
TOTAL ASSETS | |||
Total Short-Term Assets | $78.00M | $102.0M | $86.00M |
Total Long-Term Assets | $8.447B | $8.303B | $7.670B |
Total Assets | $8.525B | $8.405B | $7.756B |
YoY Change | 9.07% | 8.37% | 9.38% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $357.0M | $388.0M | $444.0M |
YoY Change | -17.93% | -12.61% | 20.98% |
Accrued Expenses | $60.00M | $86.00M | |
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 | $478.0M | $533.0M | $500.0M |
YoY Change | -2.85% | 6.6% | 21.65% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $4.093B | $3.904B | $3.252B |
YoY Change | 22.73% | 20.05% | 2.1% |
Other Long-Term Liabilities | $115.0M | $172.0M | |
YoY Change | |||
Total Long-Term Liabilities | $4.208B | $4.076B | $3.252B |
YoY Change | 26.18% | 25.34% | 2.1% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $478.0M | $533.0M | $500.0M |
Total Long-Term Liabilities | $4.208B | $4.076B | $3.252B |
Total Liabilities | $4.686B | $4.608B | $3.752B |
YoY Change | 22.45% | 22.84% | 4.34% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $717.0K | $716.0K | $712.0K |
YoY Change | 0.56% | 0.56% | 12.48% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.823B | $3.781B | $3.923B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $8.525B | $8.405B | $8.136B |
YoY Change | 9.07% | 3.31% | 14.74% |
Cashflow Statement
Concept | 2015 Q2 | 2015 Q1 | 2014 Q1 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $38.17M | $24.52M | $39.72M |
YoY Change | 9.19% | -38.27% | 39.76% |
Depreciation, Depletion And Amortization | $62.20M | $58.92M | $50.42M |
YoY Change | 8.55% | 16.86% | 7.28% |
Cash From Operating Activities | $44.60M | $106.8M | $73.26M |
YoY Change | -37.36% | 45.84% | 55.08% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$165.2M | -$198.6M | -$153.9M |
YoY Change | 6.79% | 29.04% | 10.56% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $19.30M | $28.50M | -$8.800M |
YoY Change | -56.33% | -423.86% | -112.63% |
Cash From Investing Activities | -$145.9M | -$170.1M | -$162.7M |
YoY Change | 32.04% | 4.51% | 134.05% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $5.052M | $0.00 | |
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 79.40M | $67.67M | $106.5M |
YoY Change | 212.6% | -36.44% | -437.92% |
NET CHANGE | |||
Cash From Operating Activities | 44.60M | $106.8M | $73.26M |
Cash From Investing Activities | -145.9M | -$170.1M | -$162.7M |
Cash From Financing Activities | 79.40M | $67.67M | $106.5M |
Net Change In Cash | -21.90M | $4.460M | $17.01M |
YoY Change | 57.55% | -73.79% | -131.63% |
FREE CASH FLOW | |||
Cash From Operating Activities | $44.60M | $106.8M | $73.26M |
Capital Expenditures | -$165.2M | -$198.6M | -$153.9M |
Free Cash Flow | $209.8M | $305.4M | $227.2M |
YoY Change | -7.13% | 34.46% | 21.84% |
Facts In Submission
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---|---|---|---|---|
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Depreciationand Amortization Assets Heldfor Sale
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2015 | |
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Document Period End Date
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|
2015-03-31 | |
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Document Type
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|
10-Q | |
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Entity Central Index Key
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Entity Current Reporting Status
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|
Large Accelerated Filer | |
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Entity Registrant Name
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|
ALEXANDRIA REAL ESTATE EQUITIES INC | |
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|
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Accounts Payable And Other Accrued Liabilities
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|
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Accounts Receivable Net
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|
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|
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|
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Allowance For Doubtful Accounts Receivable
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|
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Amortization Of Financing Costs
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|
2834000 | USD |
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Area Of Real Estate Property
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Asset Retirement Obligation
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Assets
Assets
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Assets
Assets
|
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Assets Needed For Immediate Settlement Aggregate Fair Value
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|
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Assets Of Disposal Group Including Discontinued Operation
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|
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Assets Of Disposal Group Including Discontinued Operation
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|
122814000 | USD |
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|
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|
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|
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|
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|
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Available For Sale Equity Securities Amortized Cost Basis
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|
33851000 | USD |
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Available For Sale Securities
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|
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Available For Sale Securities
AvailableForSaleSecurities
|
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Below Market Lease Net
BelowMarketLeaseNet
|
8810000 | USD |
CY2015Q1 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
29198000 | USD |
CY2014Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
6028000 | USD |
CY2015Q1 | us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
7249000 | USD |
CY2013Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
57696000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
74970000 | USD |
CY2014Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
86011000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
90641000 | USD |
CY2014Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
17274000 | USD |
CY2015Q1 | us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4630000 | USD |
CY2015Q1 | us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
1300000 | USD |
CY2014Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2015Q1 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2014Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.70 | |
CY2015Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.74 | |
CY2014Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
715000 | USD |
CY2015Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
716000 | USD |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
57329000 | USD |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
54357000 | USD |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
1195000 | USD |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
646000 | USD |
CY2014Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
58524000 | USD |
CY2015Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
55003000 | USD |
CY2014Q4 | us-gaap |
Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
|
91110000 | USD |
CY2015Q1 | us-gaap |
Construction Payable Current And Noncurrent
ConstructionPayableCurrentAndNoncurrent
|
85769000 | USD |
CY2014Q4 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
237163000 | USD |
CY2015Q1 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
237163000 | USD |
CY2014Q4 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
162124000 | USD |
CY2015Q1 | us-gaap |
Cost Method Investments
CostMethodInvestments
|
167306000 | USD |
CY2014Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
135275000 | USD |
CY2015Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
172276000 | USD |
CY2015Q1 | us-gaap |
Debt Instrument Annual Principal Payment
DebtInstrumentAnnualPrincipalPayment
|
38748000 | USD |
CY2015Q1 | us-gaap |
Debt Instrument Periodic Payment Terms Balloon Payment To Be Paid
DebtInstrumentPeriodicPaymentTermsBalloonPaymentToBePaid
|
3865178000 | USD |
CY2015Q1 | us-gaap |
Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
|
0.0317 | |
CY2014Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
234124000 | USD |
CY2015Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
243459000 | USD |
CY2014Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
50421000 | USD |
CY2015Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
58920000 | USD |
CY2014Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
50421000 | USD |
CY2015Q1 | us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
58920000 | USD |
CY2015Q1 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | USD |
CY2014Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
0 | USD |
CY2015Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
0 | USD |
CY2014Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
909000 | USD |
CY2015Q1 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
3417000 | USD |
CY2015Q1 | us-gaap |
Dilutive Securities
DilutiveSecurities
|
0 | USD |
CY2014Q1 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
52507000 | USD |
CY2015Q1 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
61223000 | USD |
CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
162000 | USD |
CY2015Q1 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
43000 | USD |
CY2014Q4 | us-gaap |
Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
|
10147000 | USD |
CY2015Q1 | us-gaap |
Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
|
5611000 | USD |
CY2014Q4 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
|
173706000 | USD |
CY2015Q1 | us-gaap |
Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
|
117203000 | USD |
CY2014Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
0 | USD |
CY2015Q1 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
0 | USD |
CY2015Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
53306000 | USD |
CY2014Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
58814000 | USD |
CY2015Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
58824000 | USD |
CY2014Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
6471000 | USD |
CY2015Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
6247000 | USD |
CY2014Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.46 | |
CY2015Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.25 | |
CY2014Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
260000 | USD |
CY2015Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
170000 | USD |
CY2014Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
0 | USD |
CY2015Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
491000 | USD |
CY2014Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
117406000 | USD |
CY2015Q1 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
120028000 | USD |
CY2014Q1 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
4040000 | USD |
CY2015Q1 | us-gaap |
Gain On Sale Of Investments
GainOnSaleOfInvestments
|
5937000 | USD |
CY2014Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
13224000 | USD |
CY2015Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
14387000 | USD |
CY2014Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
CY2015Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
14510000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
39716000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
24559000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
40911000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
25051000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.46 | |
CY2015Q1 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.25 | |
CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-162000 | USD |
CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
-43000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.00 | |
CY2015Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.00 | |
CY2014Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
CY2015Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
574000 | USD |
CY2014Q1 | us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD |
CY2015Q1 | us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
7572000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
7131000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
690000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
102000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
16716000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
27121000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
17315000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3247000 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
140000 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
0 | USD |
CY2014Q1 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
0 | USD |
CY2015Q1 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
51000 | USD |
CY2014Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
12013000 | USD |
CY2015Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
10971000 | USD |
CY2014Q1 | us-gaap |
Interest Expense
InterestExpense
|
19123000 | USD |
CY2015Q1 | us-gaap |
Interest Expense
InterestExpense
|
23236000 | USD |
CY2014Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
862000 | USD |
CY2015Q1 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
485000 | USD |
CY2014Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
6093000 | USD |
CY2015Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
15514000 | USD |
CY2014Q4 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
909000 | USD |
CY2015Q1 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
3417000 | USD |
CY2014Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
6171504000 | USD |
CY2015Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
6609158000 | USD |
CY2014Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
2346000 | USD |
CY2015Q1 | us-gaap |
Investment Income Net
InvestmentIncomeNet
|
3712000 | USD |
CY2014Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2015Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
0 | USD |
CY2014Q4 | us-gaap |
Land
Land
|
624681000 | USD |
CY2015Q1 | us-gaap |
Land
Land
|
679070000 | USD |
CY2014Q4 | us-gaap |
Land Available For Development
LandAvailableForDevelopment
|
683101000 | USD |
CY2015Q1 | us-gaap |
Land Available For Development
LandAvailableForDevelopment
|
497989000 | USD |
CY2014Q4 | us-gaap |
Liabilities
Liabilities
|
4226478000 | USD |
CY2015Q1 | us-gaap |
Liabilities
Liabilities
|
4608369000 | USD |
CY2014Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8136036000 | USD |
CY2014Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8136036000 | USD |
CY2015Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8405221000 | USD |
CY2014Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
6044000 | USD |
CY2015Q1 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
0 | USD |
CY2014Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
304000000 | USD |
CY2015Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
421000000 | USD |
CY2014Q4 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
975000000 | USD |
CY2015Q1 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
975000000 | USD |
CY2015Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
3903926000 | USD |
CY2015Q1 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
|
3180113000 | USD |
CY2015Q1 | us-gaap |
Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
|
723813000 | USD |
CY2014Q1 | us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
1694000 | USD |
CY2015Q1 | us-gaap |
Loss On Sale Of Investments
LossOnSaleOfInvestments
|
2225000 | USD |
CY2014Q4 | us-gaap |
Marketable Securities
MarketableSecurities
|
236389000 | USD |
CY2015Q1 | us-gaap |
Marketable Securities
MarketableSecurities
|
283062000 | USD |
CY2014Q4 | us-gaap |
Minority Interest
MinorityInterest
|
66804000 | USD |
CY2015Q1 | us-gaap |
Minority Interest
MinorityInterest
|
2022000 | USD |
CY2015Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
113967000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
106474000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
67671000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-162719000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-170052000 | USD |
CY2014Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
73259000 | USD |
CY2015Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
106841000 | USD |
CY2014Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1195000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
492000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-3106000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2965000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
0 | USD |
CY2014Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
32709000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
17786000 | USD |
CY2015Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
24744000 | USD |
CY2015Q1 | us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
340000 | USD |
CY2014Q1 | us-gaap |
Notes Assumed1
NotesAssumed1
|
48329000 | USD |
CY2015Q1 | us-gaap |
Notes Assumed1
NotesAssumed1
|
82000000 | USD |
CY2014Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
130570000 | USD |
CY2015Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
143608000 | USD |
CY2014Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
21390000 | USD |
CY2015Q1 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
130572000 | USD |
CY2014Q4 | us-gaap |
Other Assets
OtherAssets
|
114266000 | USD |
CY2015Q1 | us-gaap |
Other Assets
OtherAssets
|
133093000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-3106000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-6271000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
18779000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
|
29538000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
19151000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
2102000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-2508000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
|
-9236000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
17775000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
29995000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
29841000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
0 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
|
-1103000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
3490000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-505000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
5592000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-3013000 | USD |
CY2014Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
18779000 | USD |
CY2015Q1 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
28435000 | USD |
CY2014Q1 | us-gaap |
Other Income
OtherIncome
|
3934000 | USD |
CY2015Q1 | us-gaap |
Other Income
OtherIncome
|
4751000 | USD |
CY2014Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
374000 | USD |
CY2015Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
483000 | USD |
CY2014Q1 | us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
0 | USD |
CY2015Q1 | us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
28000000 | USD |
CY2014Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
48714000 | USD |
CY2015Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
53295000 | USD |
CY2014Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
6471000 | USD |
CY2015Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
6247000 | USD |
CY2014Q4 | us-gaap |
Rental Properties
RentalProperties
|
6988313000 | USD |
CY2014Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
8000 | USD |
CY2015Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
563000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
0 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
113967000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
747000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
2539000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
11905000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
15118000 | USD |
CY2014Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
42338000 | USD |
CY2015Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
93938000 | USD |
CY2014Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
111587000 | USD |
CY2015Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
104632000 | USD |
CY2014Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
988000 | USD |
CY2015Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
9846000 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2015Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
14700000 | shares |
CY2014Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
130000000 | USD |
CY2015Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
130000000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
0 | USD |
CY2015Q1 | us-gaap |
Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
|
4214000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
51030000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
29585000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
360000000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
167000000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
19410000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
340000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
1059000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
|
-1369000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
3998000 | USD |
CY2015Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
2345000 | USD |
CY2014Q1 | us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
0 | USD |
CY2015Q1 | us-gaap |
Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
|
67616000 | USD |
CY2014Q1 | us-gaap |
Profit Loss
ProfitLoss
|
40749000 | USD |
CY2015Q1 | us-gaap |
Profit Loss
ProfitLoss
|
25008000 | USD |
CY2014Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1120245000 | USD |
CY2015Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1153830000 | USD |
CY2014Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
8228855000 | USD |
CY2015Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
8421861000 | USD |
CY2014Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7226016000 | USD |
CY2015Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7388059000 | USD |
CY2014Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
176186000 | USD |
CY2015Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
196753000 | USD |
CY2015Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
-10844000 | USD |
CY2015Q1 | us-gaap |
Rental Properties
RentalProperties
|
7509763000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
58000000 | USD |
CY2015Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
50000000 | USD |
CY2014Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
210844000 | USD |
CY2015Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
7934000 | USD |
CY2014Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
26884000 | USD |
CY2015Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
56704000 | USD |
CY2014Q4 | us-gaap |
Secured Debt
SecuredDebt
|
652209000 | USD |
CY2015Q1 | us-gaap |
Secured Debt
SecuredDebt
|
760476000 | USD |
CY2014Q4 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
1747370000 | USD |
CY2015Q1 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
1747450000 | USD |
CY2014Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3228000 | USD |
CY2015Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3690000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3828439000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3780548000 | USD |
CY2014Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3895243000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3895243000 | USD |
CY2015Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3782570000 | USD |
CY2014Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
11882000 | USD |
CY2015Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
9901000 | USD |
CY2014Q4 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
14315000 | USD |
CY2015Q1 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
14282000 | USD |
CY2014Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
41682000 | USD |
CY2015Q1 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
48394000 | USD |
CY2014Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
71073000 | shares |
CY2015Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
71366000 | shares |
CY2015Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Background</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As used in this quarterly report on Form 10-Q, references to the “Company,” “Alexandria,” “ARE,” “we,” “us” and “our” refer to Alexandria Real Estate Equities, Inc. and its consolidated subsidiaries.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:115%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Alexandria Real Estate Equities, Inc. (NYSE:ARE), is a self-administered and self-managed investment-grade REIT, and is the largest and leading REIT focused on unique collaborative campuses in urban innovation clusters located in key coastal science and technology gateway cities, with a total market capitalization of </font><font style="font-family:inherit;font-size:10pt;">$11.3 billion</font><font style="font-family:inherit;font-size:10pt;"> as of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2015</font><font style="font-family:inherit;font-size:10pt;">, and an asset base of </font><font style="font-family:inherit;font-size:10pt;">30.7 million</font><font style="font-family:inherit;font-size:10pt;"> square feet, including </font><font style="font-family:inherit;font-size:10pt;">18.5 million</font><font style="font-family:inherit;font-size:10pt;"> RSF of operating and current value-creation projects, as well as an additional </font><font style="font-family:inherit;font-size:10pt;">2.2 million</font><font style="font-family:inherit;font-size:10pt;"> square feet of near-term value-creation development projects and </font><font style="font-family:inherit;font-size:10pt;">10.0 million</font><font style="font-family:inherit;font-size:10pt;"> square feet of future ground-up development projects. Alexandria pioneered this niche in 1994 and has since established a dominant market presence in AAA locations, including Greater Boston, the San Francisco Bay Area, New York City, San Diego, Seattle, Maryland, and Research Triangle Park. Alexandria is known for its high-quality and diverse client tenant base, with approximately </font><font style="font-family:inherit;font-size:10pt;">52%</font><font style="font-family:inherit;font-size:10pt;"> of its total annualized base rent (“ABR”) (</font><font style="font-family:inherit;font-size:10pt;">as of March 31, 2015</font><font style="font-family:inherit;font-size:10pt;">) generated from investment-grade client tenants. Alexandria has a longstanding and proven track record of developing Class A assets clustered in urban science and technology campuses that provide its innovative client tenants with highly dynamic and collaborative environments that enhance their ability to successfully recruit and retain world-class talent and inspire productivity, efficiency, creativity, and success. We believe these advantages result in higher occupancy levels, longer lease terms, higher rental income, higher returns, and greater long-term asset value. For additional information on Alexandria, please visit our website at www.are.com.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our asset base consisted of the following, as of </font><font style="font-family:inherit;font-size:10pt;">March 31, 2015</font><font style="font-family:inherit;font-size:10pt;">:</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td width="81%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="17%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Square Feet</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Operating properties</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">16,620,690</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Development properties (includes unconsolidated joint ventures)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">1,763,531</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Redevelopment properties</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">143,777</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total operating and current value-creation projects</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">18,527,998</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Near-term value-creation projects (CIP)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,164,780</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Future value-creation projects</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,961,508</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">12,126,288</font></div></td><td style="vertical-align:bottom;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">30,654,286</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Investment-grade client tenants represented approximately </font><font style="font-family:inherit;font-size:10pt;">52%</font><font style="font-family:inherit;font-size:10pt;"> of our total annualized base rent;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Approximately </font><font style="font-family:inherit;font-size:10pt;">94%</font><font style="font-family:inherit;font-size:10pt;"> of our leases (on an RSF basis) contained effective annual rent escalations that were either fixed (generally ranging from </font><font style="font-family:inherit;font-size:10pt;">3%</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">3.5%</font><font style="font-family:inherit;font-size:10pt;">) or indexed based on a consumer price index or other indexes;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Approximately </font><font style="font-family:inherit;font-size:10pt;">95%</font><font style="font-family:inherit;font-size:10pt;"> of our leases (on an RSF basis) were triple net leases, requiring client tenants to pay substantially all real estate taxes, insurance, utilities, common area, and other operating expenses (including increases thereto) in addition to base rent; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:72px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:48px;"><font style="font-family:inherit;font-size:10pt;">•</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Approximately </font><font style="font-family:inherit;font-size:10pt;">93%</font><font style="font-family:inherit;font-size:10pt;"> of our leases (on an RSF basis) provided for the recapture of certain capital expenditures (such as HVAC systems maintenance and/or replacement, roof replacement, and parking lot resurfacing) that we believe would typically be borne by the landlord in traditional office leases.</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Any references to the number of buildings, square footage, number of leases, occupancy, and any amounts derived from these values in the notes to the consolidated financial statements are unaudited and outside the scope of our independent registered public accounting firm’s review of our interim consolidated financial statements in accordance with the standards of the Public Company Accounting Oversight Board.</font></div></div> | |
CY2015Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Use of estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets, liabilities, and equity; the disclosure of contingent assets and liabilities as of the date of the consolidated financial statements; and the amounts of revenues and expenses during the reporting period.  Actual results could materially differ from those estimates.</font></div></div> |