2017 Q4 Form 10-K Financial Statement

#000103544318000028 Filed on January 30, 2018

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2017 Q2
Revenue $298.8M $285.4M $273.1M
YoY Change 19.92% 23.87% 20.78%
Cost Of Revenue $88.10M $83.50M $77.00M
YoY Change 20.36% 15.97% 14.41%
Gross Profit $210.7M $201.9M $196.1M
YoY Change 19.78% 27.46% 23.49%
Gross Profit Margin 70.52% 70.75% 71.82%
Selling, General & Admin $18.90M $17.60M $19.20M
YoY Change 8.0% 10.69% 24.68%
% of Gross Profit 8.97% 8.72% 9.79%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $107.7M $107.8M $104.1M
YoY Change 13.13% 39.64% 48.5%
% of Gross Profit 51.12% 53.39% 53.09%
Operating Expenses $126.6M $125.4M $123.3M
YoY Change 12.33% 34.84% 44.04%
Operating Profit $84.10M $76.50M $72.80M
YoY Change 33.07% 16.97% -0.55%
Interest Expense -$35.70M $31.03M $31.75M
YoY Change 14.79% 20.04% 26.87%
% of Operating Profit -42.45% 40.56% 43.61%
Other Income/Expense, Net
YoY Change
Pretax Income $45.60M $59.50M $41.50M
YoY Change 130.3% 108.77% -138.39%
Income Tax
% Of Pretax Income
Net Earnings $39.40M $53.77M $34.22M
YoY Change 157.52% 119.71% -130.66%
Net Earnings / Revenue 13.19% 18.84% 12.53%
Basic Earnings Per Share $0.39 $0.55 $0.35
Diluted Earnings Per Share $0.38 $0.55 $0.35
COMMON SHARES
Basic Shares Outstanding 95.72M shares 92.60M shares 90.22M shares
Diluted Shares Outstanding 93.30M shares 90.75M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $777.6M $603.8M $549.8M
YoY Change 66.34% 26.08% 6.14%
Cash & Equivalents $254.4M $118.6M $124.9M
Short-Term Investments $523.3M $485.3M $424.9M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $10.00M $10.00M $8.000M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $264.0M $129.0M $133.0M
YoY Change 95.56% -23.21% -49.81%
LONG-TERM ASSETS
Property, Plant & Equipment $11.07M $11.44M $11.79M
YoY Change -13.78% -14.47% -15.07%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $634.0M $519.0M $483.0M
YoY Change 61.32% 14.07% -1.83%
Other Assets $679.0M $638.0M $605.0M
YoY Change 23.91% 21.29% 19.09%
Total Long-Term Assets $11.84B $11.42B $11.11B
YoY Change 15.85% 25.1% 25.15%
TOTAL ASSETS
Total Short-Term Assets $264.0M $129.0M $133.0M
Total Long-Term Assets $11.84B $11.42B $11.11B
Total Assets $12.10B $11.55B $11.25B
YoY Change 16.89% 24.22% 22.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $350.0M $338.0M $327.0M
YoY Change -4.37% 25.19% 15.96%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $442.0M $421.0M $409.0M
YoY Change -0.23% 24.93% 17.19%
LONG-TERM LIABILITIES
Long-Term Debt $4.765B $4.817B $4.775B
YoY Change 14.43% 11.27% 15.98%
Other Long-Term Liabilities $414.0M $402.0M $407.0M
YoY Change 13.42% 20.0% 30.87%
Total Long-Term Liabilities $5.179B $5.219B $5.182B
YoY Change 14.35% 11.9% 17.03%
TOTAL LIABILITIES
Total Short-Term Liabilities $442.0M $421.0M $409.0M
Total Long-Term Liabilities $5.179B $5.219B $5.182B
Total Liabilities $5.621B $5.641B $5.591B
YoY Change 13.03% 12.79% 17.04%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $998.0K $943.0K $921.0K
YoY Change 13.8% 22.79% 20.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.950B $5.407B $5.157B
YoY Change
Total Liabilities & Shareholders Equity $12.10B $11.55B $11.25B
YoY Change 16.89% 24.22% 22.97%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2017 Q2
OPERATING ACTIVITIES
Net Income $39.40M $53.77M $34.22M
YoY Change 157.52% 119.71% -130.66%
Depreciation, Depletion And Amortization $107.7M $107.8M $104.1M
YoY Change 13.13% 39.64% 48.5%
Cash From Operating Activities $93.70M $133.5M $116.1M
YoY Change -6.86% 11.44% 65.15%
INVESTING ACTIVITIES
Capital Expenditures -$317.5M -$334.9M -$480.8M
YoY Change -64.84% 14.07% 136.15%
Acquisitions $86.45M $110.7M $244.0M
YoY Change
Other Investing Activities -$105.9M $2.800M -$32.60M
YoY Change -187.09% -105.87% -4757.14%
Cash From Investing Activities -$423.3M -$332.1M -$513.3M
YoY Change -45.82% -2.7% 152.98%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 460.4M 199.1M 372.1M
YoY Change -28.93% 60.44% 53.25%
NET CHANGE
Cash From Operating Activities 93.70M 133.5M 116.1M
Cash From Investing Activities -423.3M -332.1M -513.3M
Cash From Financing Activities 460.4M 199.1M 372.1M
Net Change In Cash 130.8M 500.0K -25.10M
YoY Change -497.57% -100.51% -122.78%
FREE CASH FLOW
Cash From Operating Activities $93.70M $133.5M $116.1M
Capital Expenditures -$317.5M -$334.9M -$480.8M
Free Cash Flow $411.2M $468.4M $596.9M
YoY Change -59.02% 13.3% 117.93%

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227657000 USD
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225337000 USD
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86011000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
125098000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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125032000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
254381000 USD
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39087000 USD
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129349000 USD
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3628000 USD
CY2016Q4 us-gaap Commitments And Contingencies
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USD
CY2017Q4 us-gaap Commitments And Contingencies
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USD
CY2016Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2016Q4 us-gaap Common Stock Shares Authorized
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100000000 shares
CY2017Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
100000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
200000000 shares
CY2016Q4 us-gaap Common Stock Shares Issued
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CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
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CY2017Q4 us-gaap Common Stock Shares Issued
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99783686 shares
CY2016Q4 us-gaap Common Stock Shares Outstanding
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CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
99783686 shares
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877000 USD
CY2017Q4 us-gaap Common Stock Value
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998000 USD
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194036000 USD
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ComprehensiveIncomeNetOfTax
-109737000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
213762000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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1893000 USD
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ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
16102000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
25045000 USD
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195929000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-93635000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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238807000 USD
CY2017Q4 us-gaap Contractual Obligation
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39452000 USD
CY2016Q4 us-gaap Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
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86914000 USD
CY2017Q4 us-gaap Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
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74386000 USD
CY2016Q4 us-gaap Cost Method Investments
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281792000 USD
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413743000 USD
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711394000 USD
CY2016 us-gaap Costs And Expenses
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975126000 USD
CY2017 us-gaap Costs And Expenses
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949700000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
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4779542000 USD
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0.0387
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-14735000 USD
CY2016Q4 us-gaap Deferred Compensation Plan Assets
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11632000 USD
CY2017Q4 us-gaap Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
15534000 USD
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234518000 USD
CY2017Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
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274957000 USD
CY2016Q4 us-gaap Deferred Costs Leasing Gross
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430455000 USD
CY2017Q4 us-gaap Deferred Costs Leasing Gross
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496387000 USD
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195937000 USD
CY2017Q4 us-gaap Deferred Costs Leasing Net
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221430000 USD
CY2016Q4 us-gaap Deferred Finance Costs Net
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14239000 USD
CY2017Q4 us-gaap Deferred Finance Costs Net
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10525000 USD
CY2016Q4 us-gaap Deferred Rent Receivables Net
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335974000 USD
CY2017Q4 us-gaap Deferred Rent Receivables Net
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434731000 USD
CY2015 us-gaap Defined Contribution Plan Cost Recognized
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2003000 USD
CY2016 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
2518000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
3239000 USD
CY2016Q4 us-gaap Deposits Assets
DepositsAssets
3302000 USD
CY2017Q4 us-gaap Deposits Assets
DepositsAssets
10576000 USD
CY2015 us-gaap Depreciation And Amortization
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261289000 USD
CY2016 us-gaap Depreciation And Amortization
DepreciationAndAmortization
313390000 USD
CY2017 us-gaap Depreciation And Amortization
DepreciationAndAmortization
416783000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
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0 USD
CY2017Q4 us-gaap Derivative Collateral Obligation To Return Cash
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0 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
0 USD
CY2017 us-gaap Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
0 USD
CY2015 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
261232000 USD
CY2016 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
278408000 USD
CY2017 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
325609000 USD
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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0.00
CY2016 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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0.00
CY2017 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Basic Share
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0.00
CY2015 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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0.00
CY2016 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
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0.00
CY2017 us-gaap Discontinued Operation Income Loss From Discontinued Operation Net Of Tax Per Diluted Share
DiscontinuedOperationIncomeLossFromDiscontinuedOperationNetOfTaxPerDilutedShare
0.00
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
221297000 USD
CY2016 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
257563000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
329485000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
76914000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
92145000 USD
CY2015 us-gaap Dividends Preferred Stock
DividendsPreferredStock
24986000 USD
CY2016 us-gaap Dividends Preferred Stock
DividendsPreferredStock
20223000 USD
CY2017 us-gaap Dividends Preferred Stock
DividendsPreferredStock
7666000 USD
CY2015 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
24986000 USD
CY2016 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
20223000 USD
CY2017 us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
7666000 USD
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1.63
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.99
CY2017Q1 us-gaap Earnings Per Share Basic
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0.29
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
CY2017Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2017 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.59
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-0.05
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-1.72
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0.07
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EarningsPerShareBasicAndDiluted
-0.31
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EarningsPerShareDiluted
1.63
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.99
CY2017Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.29
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
CY2017Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2017 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2015 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-255000 USD
CY2016 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-1460000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
1723000 USD
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9177000 USD
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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106018000 USD
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y
CY2016 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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11604000 USD
CY2017 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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16682000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
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873000 USD
CY2016 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
406000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1618000 USD
CY2016Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
63408000 USD
CY2017Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
64979000 USD
CY2016Q4 us-gaap Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
12913000 USD
CY2017Q4 us-gaap Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
12684000 USD
CY2015 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
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12426000 USD
CY2016 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
3715000 USD
CY2017 us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
270000 USD
CY2017 us-gaap Gain Loss On Investments
GainLossOnInvestments
1329000 USD
CY2015 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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0 USD
CY2016 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
90000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
111000 USD
CY2015 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
35035000 USD
CY2016 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
28530000 USD
CY2017 us-gaap Gain On Sale Of Investments
GainOnSaleOfInvestments
12352000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
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-189000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3230000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-3451000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
59621000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
63884000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
75009000 USD
CY2016 us-gaap Impairment Of Investments
ImpairmentOfInvestments
3100000 USD
CY2017 us-gaap Impairment Of Investments
ImpairmentOfInvestments
8300000 USD
CY2015 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
23250000 USD
CY2016Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
156100000 USD
CY2016 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
209261000 USD
CY2017 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
203000 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
144260000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-65901000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
169093000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
146157000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-49889000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
194093000 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.63
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-1.99
CY2017 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.59
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.63
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
-1.99
CY2017 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.58
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-43000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1651000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-184000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
15426000 USD
CY2015 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2016 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2017 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2015 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
66102000 USD
CY2016 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
100047000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
46641000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
79710000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
35177000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
61593000 USD
CY2015 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
12705000 USD
CY2016 us-gaap Income Tax Reconciliation Nondeductible Expense Share Based Compensation Cost
IncomeTaxReconciliationNondeductibleExpenseShareBasedCompensationCost
15568000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
11479000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
358000 USD
CY2015 us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-10070000 USD
CY2016 us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
76848000 USD
CY2017 us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
-11034000 USD
CY2015 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
65415000 USD
CY2016 us-gaap Increase Decrease In Deferred Leasing Fees
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35273000 USD
CY2017 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
62639000 USD
CY2015 us-gaap Increase Decrease In Leasing Receivables
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-7000 USD
CY2016 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
285000 USD
CY2017 us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
502000 USD
CY2015 us-gaap Increase Decrease In Operating Liabilities
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43800000 USD
CY2016 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
5322000 USD
CY2017 us-gaap Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
25573000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
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9079000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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11420000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
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18222000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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-60000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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986000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash For Operating Activities
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557000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
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0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
517000 shares
CY2015 us-gaap Interest Costs Capitalized
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36540000 USD
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
52450000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
58222000 USD
CY2015 us-gaap Interest Costs Incurred
InterestCostsIncurred
142353000 USD
CY2016 us-gaap Interest Costs Incurred
InterestCostsIncurred
159403000 USD
CY2017 us-gaap Interest Costs Incurred
InterestCostsIncurred
186867000 USD
CY2015 us-gaap Interest Expense
InterestExpense
105813000 USD
CY2016 us-gaap Interest Expense
InterestExpense
106953000 USD
CY2017 us-gaap Interest Expense
InterestExpense
128645000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
93856000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
84907000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
112113000 USD
CY2017Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
5157000 USD
CY2016Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
4115000 USD
CY2017Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
5260000 USD
CY2016Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
3587000 USD
CY2017Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
103000 USD
CY2015 us-gaap Investment Income Net
InvestmentIncomeNet
18942000 USD
CY2016 us-gaap Investment Income Net
InvestmentIncomeNet
17133000 USD
CY2017 us-gaap Investment Income Net
InvestmentIncomeNet
1329000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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50221000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
110618000 USD
CY2016Q4 us-gaap Investments In And Advances To Affiliates Balance Principal Amount
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0 USD
CY2017Q4 us-gaap Investments In And Advances To Affiliates Balance Principal Amount
InvestmentsInAndAdvancesToAffiliatesBalancePrincipalAmount
0 USD
CY2016Q4 us-gaap Liabilities
Liabilities
4972610000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
5620784000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10354888000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
12103953000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
28000000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
50000000 USD
CY2016Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
746471000 USD
CY2017Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
547942000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
4764807000 USD
CY2015 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
16093000 USD
CY2016 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
11397000 USD
CY2017 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
11023000 USD
CY2016Q4 us-gaap Marketable Securities
MarketableSecurities
342477000 USD
CY2017Q4 us-gaap Marketable Securities
MarketableSecurities
523254000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
475175000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
521994000 USD
CY2015 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
0 USD
CY2016 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
5000000 USD
CY2017 us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
0 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
17241000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
21505000 USD
CY2015 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
113969000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
-541000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
419126000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1105521000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1415427000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-722395000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1496628000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1738126000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
342611000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
392501000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
450325000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
144217000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
-65901000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
169093000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1897000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
16102000 USD
CY2016 us-gaap Notes Assumed1
NotesAssumed1
203000000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
25111000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
116867000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3818000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-127648000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5452000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-25127000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-151141000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25661000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31630000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
51273000 USD
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36831000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
145395000 USD
CY2015 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
145021000 USD
CY2016 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
-50815000 USD
CY2017 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
193146000 USD
CY2015Q4 us-gaap Net Investment In Direct Financing And Sales Type Leases
NetInvestmentInDirectFinancingAndSalesTypeLeases
0 USD
CY2016Q4 us-gaap Net Investment In Direct Financing And Sales Type Leases
NetInvestmentInDirectFinancingAndSalesTypeLeases
36975000 USD
CY2017Q4 us-gaap Net Investment In Direct Financing And Sales Type Leases
NetInvestmentInDirectFinancingAndSalesTypeLeases
0 USD
CY2015 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
443445000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
217183000 USD
CY2017 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
52625000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
964000 USD
CY2015 us-gaap Notes Assumed1
NotesAssumed1
82000000 USD
CY2016Q4 us-gaap Notes Receivable Net
NotesReceivableNet
694000 USD
CY2017 us-gaap Notes Assumed1
NotesAssumed1
0 USD
CY2017Q4 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
27 property
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
4214000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1840000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
0 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
614000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
270000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
327000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1777000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
8607448000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
756979000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
647283000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
708838000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
751657000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
767454000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
4975237000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
608824000 USD
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
673820000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
863181000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
13667000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
14282000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
13967000 USD
CY2016Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
33464000 USD
CY2017Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
41387000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
201197000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
228453000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
11143000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
15784000 USD
CY2015 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-21844000 USD
CY2016 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-2579000 USD
CY2017 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
7774000 USD
CY2015 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
65232000 USD
CY2016 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-98306000 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
30478000 USD
CY2017 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
34971000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-2809000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4123000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
4752000 USD
CY2015 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-12608000 USD
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
50347000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
9373000 USD
CY2015 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
CY2016 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-52926000 USD
CY2017 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
-1599000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
49815000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-43836000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
44603000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
44669000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
12138000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
18473000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
-6118000 USD
CY2015 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-2707000 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-5273000 USD
CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1915000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-5516000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1150000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2837000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
77370000 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-79833000 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
24360000 USD
CY2015 us-gaap Other Income
OtherIncome
25587000 USD
CY2016 us-gaap Other Income
OtherIncome
24231000 USD
CY2017 us-gaap Other Income
OtherIncome
5772000 USD
CY2015 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
2364000 USD
CY2016 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
3750000 USD
CY2017 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
4753000 USD
CY2015 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
5501000 USD
CY2016 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
450000 USD
CY2017 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
3300000 USD
CY2015 us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
206826000 USD
CY2017 us-gaap Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
17934000 USD
CY2015 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2016 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2017 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
130350000 USD
CY2015 us-gaap Payments Of Dividends
PaymentsOfDividends
243100000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
262800000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
218104000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
240347000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
312131000 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
24986000 USD
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
22414000 USD
CY2017 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
9619000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10584000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
16681000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10019000 USD
CY2015 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
51092000 USD
CY2016 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2017 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
0 USD
CY2016 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
737900000 USD
CY2017 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
675584000 USD
CY2015 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
564206000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
218500000 USD
CY2017Q2 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
244009000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
110700000 USD
CY2017Q4 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
86450000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
659659000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9027000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
11529000 USD
CY2017 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
17876000 USD
CY2015 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2016 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2015 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
95945000 USD
CY2016 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
102284000 USD
CY2017 us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
171881000 USD
CY2015 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
248933000 USD
CY2016 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
821690000 USD
CY2017 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
893685000 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
64066000 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
69678000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
22361000 USD
CY2015 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
0 USD
CY2016 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
61267000 USD
CY2017 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
11279000 USD
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
2975432 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
130000000 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
9724000 USD
CY2017Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
10972000 USD
CY2015 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
4282000 USD
CY2016 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
15198000 USD
CY2017 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2017 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
38576000 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
78463000 USD
CY2016 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1432177000 USD
CY2017 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
1275397000 USD
CY2015 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
169754000 USD
CY2016 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
291400000 USD
CY2017 us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
153405000 USD
CY2015 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
298872000 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-10044000 USD
CY2017 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2015 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
3842000 USD
CY2016 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
11746000 USD
CY2017 us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
ProceedsFromRepaymentsOfRestrictedCashFinancingActivities
-4914000 USD
CY2015 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
67136000 USD
CY2016 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
38946000 USD
CY2016 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
348604000 USD
CY2017 us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
1023262000 USD
CY2015 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
2145000000 USD
CY2016 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
4117000000 USD
CY2017 us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
3858000000 USD
CY2015 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
453750000 USD
CY2016 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
221487000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
44931000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2017 us-gaap Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
30483000 USD
CY2015 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
129799000 USD
CY2016 us-gaap Proceeds From Sale Of Property Held For Sale
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CY2017 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;text-decoration:underline;">Interest rate hedge agreements</font></div><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-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We do not use derivatives for trading or speculative purposes, and currently all of our derivatives are designated as hedges. We are exposed to certain risks arising from both our business operations and economic conditions. We principally manage our exposures to a wide variety of business and operational risks through management of our core business activities. We manage economic risks, including interest rate, liquidity, and credit risk, primarily by managing the amount, sources, and duration of our debt funding and by entering into interest rate hedge agreements. Specifically, we enter into interest rate hedge agreements to manage exposures that arise from business activities that result in the payment of future known and uncertain cash amounts, the values of which are determined by interest rates. Our interest rate hedge agreements are used to manage differences in the amount, timing, and duration of our known or expected cash payments principally related to our borrowings based on LIBOR. Our objectives in using interest rate hedge agreements are to add stability to interest expense and to manage our exposure to interest rate movements in accordance with our interest rate risk management strategy. All of our interest rate hedge agreements are designated as cash flow hedges. Interest rate hedge agreements designated as cash flow hedges involve the receipt of variable-rate amounts from a counterparty in exchange for the Company&#8217;s making fixed-rate payments over the life of the interest rate hedge agreements without exchange of the underlying notional amount of interest rate hedge agreements.</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We utilize interest rate hedge agreements to hedge a portion of our exposure to variable interest rates primarily associated with borrowings based on LIBOR. We classify our interest rate hedge agreements as either assets or liabilities on the balance sheet at fair value. The accounting for changes in fair value (i.e., gains or losses) of a derivative instrument depends on whether it has been designated and qualifies as part of a hedging relationship and, further, on the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, a company must designate the hedging instrument, based on the hedged exposure, as a fair value hedge, a cash flow hedge, or a hedge of a net investment in a foreign operation. Our interest rate hedge agreements are considered cash flow hedges because they are designated and qualify as hedges of the exposure to variability in expected future cash flows. Hedge accounting generally provides for the matching of the timing of gain or loss recognition on the hedging instrument with the recognition of the changes in the earnings effect of the hedged transactions in a cash flow hedge. All of our interest rate hedge agreements meet the criteria to be deemed &#8220;highly effective&#8221; in reducing our exposure to variable interest rates. We formally document all relationships between interest rate hedge agreements and hedged items, including the method for evaluating effectiveness and the risk strategy. We make an assessment at the inception of each interest rate hedge agreement and on an ongoing basis to determine whether these instruments are &#8220;highly effective&#8221; in offsetting changes in cash flows associated with the hedged items. The ineffective portion of each interest rate hedge agreement is immediately recognized in earnings. While we intend to continue to meet the conditions for such hedge accounting, if our interest rate hedges did not qualify as &#8220;highly effective,&#8221; the changes in the fair values of the derivatives used as hedges would be reflected in earnings.</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><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The effective portion of changes in the fair value of our interest rate hedge agreements that are designated and that qualify as cash flow hedges is recognized in accumulated other comprehensive income. Amounts classified in accumulated other comprehensive income will be reclassified into earnings in the period during which the hedged transactions affect earnings. </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><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The fair value of each interest rate hedge agreement is determined using widely accepted valuation techniques, including discounted cash flow analyses on the expected cash flows of each derivative. These analyses reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including interest rate curves and implied volatilities. The fair values of our interest rate hedge agreements are determined using the market-standard methodology of netting the discounted future fixed-cash payments and the discounted expected variable-cash receipts. The variable-cash receipts are based on an expectation of future interest rates (forward curves) derived from observable market interest rate curves. The fair value calculation also includes an amount for risk of non-performance of our counterparties using &#8220;significant unobservable inputs&#8221; such as estimates of current credit spreads to evaluate the likelihood of default, which we have determined to be insignificant to the overall fair value of our interest rate hedge agreements.</font></div><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>
CY2017 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;">Organization and basis of presentation</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;">Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&amp;P 500</font><font style="font-family:inherit;font-size:10pt;"><sup style="vertical-align:top;line-height:120%;font-size:7pt">&#174;</sup></font><font style="font-family:inherit;font-size:10pt;"> company, is an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations. As used in this annual report on Form 10-K, references to the &#8220;Company,&#8221; &#8220;Alexandria,&#8221; &#8220;ARE,&#8221; &#8220;we,&#8221; &#8220;us,&#8221; and &#8220;our&#8221; refer to Alexandria Real Estate Equities, Inc. and its consolidated subsidiaries. The accompanying consolidated financial statements include the accounts of Alexandria Real Estate Equities, Inc. and its consolidated subsidiaries. All significant intercompany balances and transactions have been eliminated. Certain prior-period amounts have been reclassified to conform to the current-period presentation.</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;">Any references to our market capitalization, number or quality of buildings, quality of location, square footage, number of</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">leases, occupancy percentage, and tenants, and any amounts derived from these values, in the notes to consolidated financial</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">statements are unaudited.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<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 style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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