2019 Q1 Form 10-Q Financial Statement
#000103544319000130 Filed on April 30, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $358.8M | $320.1M |
YoY Change | 12.09% | 18.19% |
Cost Of Revenue | $101.5M | $91.80M |
YoY Change | 10.57% | 19.07% |
Gross Profit | $257.3M | $228.4M |
YoY Change | 12.65% | 17.85% |
Gross Profit Margin | 71.7% | 71.34% |
Selling, General & Admin | $24.70M | $22.40M |
YoY Change | 10.27% | 16.67% |
% of Gross Profit | 9.6% | 9.81% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $134.1M | $114.2M |
YoY Change | 17.43% | 17.49% |
% of Gross Profit | 52.12% | 50.0% |
Operating Expenses | $158.7M | $136.6M |
YoY Change | 16.18% | 17.35% |
Operating Profit | $98.60M | $91.80M |
YoY Change | 7.41% | 18.6% |
Interest Expense | $39.10M | $36.92M |
YoY Change | 5.92% | 23.94% |
% of Operating Profit | 39.66% | 40.21% |
Other Income/Expense, Net | ||
YoY Change | ||
Pretax Income | $136.8M | $141.5M |
YoY Change | -3.32% | 197.27% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $129.2M | $135.6M |
YoY Change | -4.77% | 225.17% |
Net Earnings / Revenue | 35.99% | 42.37% |
Basic Earnings Per Share | $1.11 | $1.33 |
Diluted Earnings Per Share | $1.11 | $1.32 |
COMMON SHARES | ||
Basic Shares Outstanding | 111.1M shares | 99.86M shares |
Diluted Shares Outstanding | 111.1M shares | 100.1M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $261.0M | $946.0M |
YoY Change | -72.41% | 73.35% |
Cash & Equivalents | $261.4M | $221.6M |
Short-Term Investments | $724.3M | |
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $10.00M | $11.00M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $271.0M | $233.0M |
YoY Change | 16.31% | 44.72% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $15.89M | $10.90M |
YoY Change | 45.75% | -11.38% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $1.291B | $894.0M |
YoY Change | 44.41% | 100.9% |
Other Assets | $911.0M | $780.0M |
YoY Change | 16.79% | 33.33% |
Total Long-Term Assets | $15.21B | $12.59B |
YoY Change | 20.82% | 17.56% |
TOTAL ASSETS | ||
Total Short-Term Assets | $271.0M | $233.0M |
Total Long-Term Assets | $15.21B | $12.59B |
Total Assets | $15.48B | $12.82B |
YoY Change | 20.74% | 17.97% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $453.0M | $370.0M |
YoY Change | 22.43% | -5.37% |
Accrued Expenses | $245.0M | |
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $808.0M | $463.0M |
YoY Change | 74.51% | -1.49% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $5.844B | $5.211B |
YoY Change | 12.15% | 14.25% |
Other Long-Term Liabilities | $474.0M | $414.0M |
YoY Change | 14.49% | 5.61% |
Total Long-Term Liabilities | $6.318B | $5.625B |
YoY Change | 12.32% | 13.57% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $808.0M | $463.0M |
Total Long-Term Liabilities | $6.318B | $5.625B |
Total Liabilities | $7.125B | $6.088B |
YoY Change | 17.04% | 12.27% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | ||
YoY Change | ||
Common Stock | $1.112M | $1.007M |
YoY Change | 10.43% | 12.01% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $7.567B | $6.195B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $15.48B | $12.82B |
YoY Change | 20.74% | 17.97% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $129.2M | $135.6M |
YoY Change | -4.77% | 225.17% |
Depreciation, Depletion And Amortization | $134.1M | $114.2M |
YoY Change | 17.43% | 17.49% |
Cash From Operating Activities | $136.7M | $128.9M |
YoY Change | 6.06% | 19.77% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$659.4M | -$509.6M |
YoY Change | 29.4% | 16.85% |
Acquisitions | $339.4M | |
YoY Change | 55.33% | |
Other Investing Activities | -$74.90M | -$88.50M |
YoY Change | -15.37% | 174.84% |
Cash From Investing Activities | -$734.3M | -$598.0M |
YoY Change | 22.79% | 27.69% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $0.00 | $99.37M |
YoY Change | -100.0% | -54.37% |
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | $640.8M | $451.3M |
YoY Change | 41.99% | 16.11% |
NET CHANGE | ||
Cash From Operating Activities | $136.7M | $128.9M |
Cash From Investing Activities | -$734.3M | -$598.0M |
Cash From Financing Activities | $640.8M | $451.3M |
Net Change In Cash | $43.68M | -$18.20M |
YoY Change | -339.92% | -165.07% |
FREE CASH FLOW | ||
Cash From Operating Activities | $136.7M | $128.9M |
Capital Expenditures | -$659.4M | -$509.6M |
Free Cash Flow | $796.1M | $638.5M |
YoY Change | 24.68% | 17.43% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2018Q4 | are |
Accrued Construction
AccruedConstruction
|
275882000 | USD |
CY2019Q1 | are |
Accrued Construction
AccruedConstruction
|
285821000 | USD |
CY2018Q1 | are |
Acquisition Of Interest In Unconsolidated Joint Venture
AcquisitionOfInterestInUnconsolidatedJointVenture
|
35922000 | USD |
CY2019Q1 | are |
Acquisition Of Interest In Unconsolidated Joint Venture
AcquisitionOfInterestInUnconsolidatedJointVenture
|
0 | USD |
CY2018Q1 | are |
Capitalized Lease Costs
CapitalizedLeaseCosts
|
36000 | USD |
CY2019Q1 | are |
Capitalized Lease Costs
CapitalizedLeaseCosts
|
62000 | USD |
CY2019Q1 | are |
Cost Method Investment Ownership Percentage
CostMethodInvestmentOwnershipPercentage
|
0.10 | |
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Debt Instrument Percentage Of Outstanding Balance
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1.00 | |
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Debt Instrument Percentage Of Outstanding Balance
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1.000 | |
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Debt Instrument Weighted Average Remaining Period
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Deferred Costs Leasing And Finance Net
DeferredCostsLeasingAndFinanceNet
|
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CY2019Q1 | are |
Deferred Costs Leasing And Finance Net
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|
241268000 | USD |
CY2018Q4 | are |
Deferred Rent Liability
DeferredRentLiability
|
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CY2018Q4 | are |
Direct Financing Lease Unearned Income
DirectFinancingLeaseUnearnedIncome
|
222962000 | USD |
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Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Accumulated Other Comprehensive Income Loss
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsAccumulatedOtherComprehensiveIncomeLoss
|
-768000 | USD |
CY2019Q1 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Accumulated Other Comprehensive Income Loss
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsAccumulatedOtherComprehensiveIncomeLoss
|
-4000 | USD |
CY2019Q1 | are |
Deferred Rent Liability
DeferredRentLiability
|
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CY2019Q1 | are |
Direct Financing Lease Unearned Income
DirectFinancingLeaseUnearnedIncome
|
222361000 | USD |
CY2019Q1 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Areaof Real Estate
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|
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CY2018Q4 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Assets
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsAssets
|
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CY2019Q1 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Assets
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsAssets
|
47044000 | USD |
CY2018Q4 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Liabilities
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsLiabilities
|
2476000 | USD |
CY2019Q1 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Liabilities
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsLiabilities
|
1946000 | USD |
CY2018Q4 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Net Assets
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsNetAssets
|
29552000 | USD |
CY2019Q1 | are |
Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Net Assets
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsNetAssets
|
45102000 | USD |
CY2019Q1 | are |
Effective Portion Of Interest Rate Cash Flow Hedge At Fiscal Year End
EffectivePortionOfInterestRateCashFlowHedgeAtFiscalYearEnd
|
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CY2019Q1 | are |
Effective Portion Of Interest Rate Cash Flow Hedge In The Next Twelve Months
EffectivePortionOfInterestRateCashFlowHedgeInTheNextTwelveMonths
|
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CY2019Q1 | are |
Fixed Interest Rate Debt As Percentage Of Total Outstanding Balance
FixedInterestRateDebtAsPercentageOfTotalOutstandingBalance
|
1.00 | |
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Gross Operating Lease Costs
GrossOperatingLeaseCosts
|
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CY2019Q1 | are |
Gross Operating Lease Costs
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|
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Ground And Operating Lease Obligation Due
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|
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Ground And Operating Lease Obligation Due
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|
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Ground Lease Related To Operating Property Net Book Value
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Landparcelsubjecttoleaseagreementthatcontainsapurchaseoption
Landparcelsubjecttoleaseagreementthatcontainsapurchaseoption
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2 | |
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Lessor Finance Lease Remaining Lease Term
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Longterm Debt Percentage Bearing Fixed Interest Amount Net
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|
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CY2019Q1 | are |
Longterm Debt Percentage Bearing Variable Interest Amount Net
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|
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Maximum Expected Period Of Sale Of Property
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|
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Minimum Percentage Of Taxable Income To Be Distributed
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|
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Noncashleaseliability
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|
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CY2019Q1 | are |
Number Of Real Estate Properties Acquired
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|
10 | |
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|
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CY2019Q1 | are |
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|
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Percentage Of Effective Portion Of Interest Rate Hedge Agreements
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|
1.00 | |
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Percentageoftotalrevenues
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|
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CY2019Q1 | are |
Preferred Stock Shares Additional Shares Authorized
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|
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CY2019Q1 | are |
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|
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|
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CY2019Q1 | are |
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|
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CY2018Q4 | are |
Real Estate Corporate Operations
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|
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CY2019Q1 | are |
Real Estate Corporate Operations
RealEstateCorporateOperations
|
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CY2018Q1 | are |
Reclassification Of Cumulative Net Unrealized Gains On Non Real Estate Investments
ReclassificationOfCumulativeNetUnrealizedGainsOnNonRealEstateInvestments
|
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CY2019Q1 | are |
Rent Commence Date
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|
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CY2019Q1 | are |
Transfers Due To Due From Parent Entity
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CY2019Q1 | are |
Transfers In Fair Value Hierarchy
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|
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CY2019Q1 | are |
Variable Interest Rate Debt As Percentage Of Total Outstanding Balance
VariableInterestRateDebtAsPercentageOfTotalOutstandingBalance
|
0.00 | |
CY2019Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2019Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
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CY2019Q1 | dei |
Document Fiscal Period Focus
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|
Q1 | |
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Document Fiscal Year Focus
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|
2019 | |
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Document Period End Date
DocumentPeriodEndDate
|
2019-03-31 | |
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Document Type
DocumentType
|
10-Q | |
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Entity Central Index Key
EntityCentralIndexKey
|
0001035443 | |
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Entity Common Stock Shares Outstanding
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|
112935703 | shares |
CY2019Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2019Q1 | dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | |
CY2019Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | |
CY2019Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
ALEXANDRIA REAL ESTATE EQUITIES INC | |
CY2019Q1 | dei |
Entity Small Business
EntitySmallBusiness
|
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
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Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
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Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
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Accounts Receivable Net
AccountsReceivableNet
|
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CY2019Q1 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Additional Paid In Capital
AdditionalPaidInCapital
|
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Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
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Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
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|
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Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
|
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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|
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Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
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|
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Amortization Of Above And Below Market Leases
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|
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Amortization Of Above And Below Market Leases
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|
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Amortization Of Debt Discount Premium
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|
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Amortization Of Debt Discount Premium
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|
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Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
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Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
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Asset Retirement Obligation
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|
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Asset Retirement Obligation
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CY2018Q4 | us-gaap |
Assets
Assets
|
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Assets
Assets
|
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Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
|
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Below Market Lease Net
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|
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Below Market Lease Net
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Capital Expenditures Incurred But Not Yet Paid
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Cash And Cash Equivalents At Carrying Value
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|
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|
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|
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CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
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|
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|
43675000 | USD |
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Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
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|
649000 | USD |
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Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
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Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
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Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.90 | |
CY2019Q1 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.97 | |
CY2019Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
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CY2019Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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Common Stock Value
CommonStockValue
|
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CY2019Q1 | us-gaap |
Common Stock Value
CommonStockValue
|
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
136605000 | USD |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
128882000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
5888000 | USD |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
7659000 | USD |
CY2018Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
142493000 | USD |
CY2019Q1 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
136541000 | USD |
CY2018Q4 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
64336000 | USD |
CY2019Q1 | us-gaap |
Convertible Preferred Stock Nonredeemable Or Redeemable Issuer Option Value
ConvertiblePreferredStockNonredeemableOrRedeemableIssuerOptionValue
|
57461000 | USD |
CY2018Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
265326000 | USD |
CY2019Q1 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
306726000 | USD |
CY2018Q4 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
240155000 | USD |
CY2019Q1 | us-gaap |
Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
|
312361000 | USD |
CY2019Q1 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
5867297000 | USD |
CY2019Q1 | us-gaap |
Debt Instrument Interest Rate Effective Percentage
DebtInstrumentInterestRateEffectivePercentage
|
0.0409 | |
CY2019Q1 | us-gaap |
Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
|
-23794000 | USD |
CY2018Q4 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
19238000 | USD |
CY2019Q1 | us-gaap |
Deferred Compensation Plan Assets
DeferredCompensationPlanAssets
|
19124000 | USD |
CY2018Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
16060000 | USD |
CY2019Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
15271000 | USD |
CY2018Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
530237000 | USD |
CY2019Q1 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
558103000 | USD |
CY2018Q4 | us-gaap |
Deposits Assets
DepositsAssets
|
12974000 | USD |
CY2019Q1 | us-gaap |
Deposits Assets
DepositsAssets
|
12524000 | USD |
CY2018Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
114219000 | USD |
CY2019Q1 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
134087000 | USD |
CY2019Q1 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0.0 | USD |
CY2019Q1 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | USD |
CY2018Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
0 | USD |
CY2019Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
0 | USD |
CY2018Q1 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
91771000 | USD |
CY2019Q1 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
101501000 | USD |
CY2019Q1 | us-gaap |
Direct Financing Lease Lease Income
DirectFinancingLeaseLeaseIncome
|
601000 | USD |
CY2018Q4 | us-gaap |
Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
|
39149000 | USD |
CY2019Q1 | us-gaap |
Direct Financing Lease Net Investment In Lease
DirectFinancingLeaseNetInvestmentInLease
|
39341000 | USD |
CY2018Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
91980000 | USD |
CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
109600000 | USD |
CY2019Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
109574000 | USD |
CY2018Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
110280000 | USD |
CY2019Q1 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
110412000 | USD |
CY2018Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
1302000 | USD |
CY2019Q1 | us-gaap |
Dividends Preferred Stock
DividendsPreferredStock
|
1026000 | USD |
CY2018Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
1302000 | USD |
CY2019Q1 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
1026000 | USD |
CY2018Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.33 | |
CY2019Q1 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.11 | |
CY2018Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.32 | |
CY2019Q1 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.11 | |
CY2018Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
-406000 | USD |
CY2019Q1 | us-gaap |
Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
|
472000 | USD |
CY2018Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
144000 | USD |
CY2019Q1 | us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
858000 | USD |
CY2018Q4 | us-gaap |
Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
|
892264000 | USD |
CY2019Q1 | us-gaap |
Equity Securities Fv Ni And Without Readily Determinable Fair Value
EquitySecuritiesFvNiAndWithoutReadilyDeterminableFairValue
|
1000904000 | USD |
CY2018Q4 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
652109000 | USD |
CY2019Q1 | us-gaap |
Equity Securities Fv Ni Cost
EquitySecuritiesFvNiCost
|
688543000 | USD |
CY2018Q1 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
85561000 | USD |
CY2019Q1 | us-gaap |
Equity Securities Fv Ni Gain Loss
EquitySecuritiesFvNiGainLoss
|
83556000 | USD |
CY2018Q1 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
13332000 | USD |
CY2019Q1 | us-gaap |
Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
|
11350000 | USD |
CY2018Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
72229000 | USD |
CY2019Q1 | us-gaap |
Equity Securities Fv Ni Unrealized Gain Loss
EquitySecuritiesFvNiUnrealizedGainLoss
|
72206000 | USD |
CY2019Q1 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Liquidating Investment Remaining Period1
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareLiquidatingInvestmentRemainingPeriod1
|
P8Y7M | |
CY2019Q1 | us-gaap |
Fair Value Investments Entities That Calculate Net Asset Value Per Share Unfunded Committments
FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnfundedCommittments
|
233800000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
132906000 | USD |
CY2019Q1 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
157194000 | USD |
CY2018Q4 | us-gaap |
Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
|
17434000 | USD |
CY2019Q1 | us-gaap |
Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
|
0 | USD |
CY2018Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
85561000 | USD |
CY2019Q1 | us-gaap |
Gain Loss On Investments
GainLossOnInvestments
|
83556000 | USD |
CY2018Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
0 | USD |
CY2019Q1 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-7361000 | USD |
CY2018Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
22421000 | USD |
CY2019Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
24677000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1144000 | USD |
CY2019Q1 | us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD |
CY2019Q1 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1146000 | USD |
CY2018Q1 | us-gaap |
Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
|
0 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
|
19565000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
|
9939000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
13819000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
11279000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
988000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
-167000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
18416000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Operating Liabilities
IncreaseDecreaseInOperatingLiabilities
|
-16244000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
14279000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
8684000 | USD |
CY2018Q1 | us-gaap |
Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
|
270000 | shares |
CY2019Q1 | us-gaap |
Incremental Common Shares Attributable To Equity Forward Agreements
IncrementalCommonSharesAttributableToEquityForwardAgreements
|
0 | shares |
CY2018Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
13360000 | USD |
CY2019Q1 | us-gaap |
Interest Costs Capitalized
InterestCostsCapitalized
|
18509000 | USD |
CY2018Q1 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
50275000 | USD |
CY2019Q1 | us-gaap |
Interest Costs Incurred
InterestCostsIncurred
|
57609000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
36915000 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
39100000 | USD |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
35493000 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
49600000 | USD |
CY2019Q1 | us-gaap |
Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
|
-649000 | USD |
CY2018Q4 | us-gaap |
Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
|
2606000 | USD |
CY2019Q1 | us-gaap |
Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
|
494000 | USD |
CY2018Q4 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
768000 | USD |
CY2019Q1 | us-gaap |
Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
|
1143000 | USD |
CY2018Q4 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
237507000 | USD |
CY2019Q1 | us-gaap |
Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
|
290405000 | USD |
CY2018Q4 | us-gaap |
Investments In And Advances To Affiliates Balance Principal Amount
InvestmentsInAndAdvancesToAffiliatesBalancePrincipalAmount
|
0 | USD |
CY2019Q1 | us-gaap |
Investments In And Advances To Affiliates Balance Principal Amount
InvestmentsInAndAdvancesToAffiliatesBalancePrincipalAmount
|
0 | USD |
CY2018Q1 | us-gaap |
Lease Cost
LeaseCost
|
3832000 | USD |
CY2019Q1 | us-gaap |
Lease Cost
LeaseCost
|
4492000 | USD |
CY2019Q1 | us-gaap |
Lease Income
LeaseIncome
|
343940000 | USD |
CY2019Q1 | us-gaap |
Lease Income
LeaseIncome
|
343900000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
|
657009000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
|
587787000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
|
11859000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
|
14508000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
|
14390000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
|
14257000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
|
14208000 | USD |
CY2019Q1 | us-gaap |
Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
|
412408000 | USD |
CY2019Q1 | us-gaap |
Lessor Direct Financing Lease Lessee Option To Purchase Underlying Asset
LessorDirectFinancingLeaseLesseeOptionToPurchaseUnderlyingAsset
|
30 years | |
CY2019Q1 | us-gaap |
Lessor Operating Lease Lessee Option To Purchase Underlying Asset
LessorOperatingLeaseLesseeOptionToPurchaseUnderlyingAsset
|
30 years | |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
10259304000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
831843000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
891279000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
|
689769000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
5968778000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
930216000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
947419000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
6570242000 | USD |
CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
7125292000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
14464956000 | USD |
CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
15480206000 | USD |
CY2018Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
208000000 | USD |
CY2019Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2018Q4 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
347415000 | USD |
CY2019Q1 | us-gaap |
Loans Payable To Bank
LoansPayableToBank
|
347542000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
5843503000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
4287346000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
604548000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
557227000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
6901000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
406560000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
4715000 | USD |
CY2018Q4 | us-gaap |
Minority Interest
MinorityInterest
|
541963000 | USD |
CY2019Q1 | us-gaap |
Minority Interest
MinorityInterest
|
777448000 | USD |
CY2018Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
5709000 | USD |
CY2019Q1 | us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
9501000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
451319000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
640806000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-598038000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-734333000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
128921000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
136730000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
135630000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
129159000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5888000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7659000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
132387000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
123598000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
132387000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
123598000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
141304000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
136601000 | USD |
CY2019Q1 | us-gaap |
New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
|
-3525000 | USD |
CY2018Q1 | us-gaap |
Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
6579000 | USD |
CY2018Q1 | us-gaap |
Notes Assumed1
NotesAssumed1
|
0 | USD |
CY2019Q1 | us-gaap |
Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
439790000 | USD |
CY2019Q1 | us-gaap |
Notes Assumed1
NotesAssumed1
|
28200000 | USD |
CY2018Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
528000 | USD |
CY2019Q1 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
506000 | USD |
CY2019Q1 | us-gaap |
Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
|
30 | property |
CY2019Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
343339000 | USD |
CY2018Q4 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
0 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
244601000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Liability
OperatingLeaseLiability
|
218700000 | USD |
CY2018Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
3600000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Payments
OperatingLeasePayments
|
4400000 | USD |
CY2018Q4 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
0 | USD |
CY2019Q1 | us-gaap |
Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
|
238433000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
|
0.0537 | |
CY2018Q4 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
63897000 | USD |
CY2019Q1 | us-gaap |
Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
|
51965000 | USD |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
370257000 | USD |
CY2019Q1 | us-gaap |
Other Assets
OtherAssets
|
653726000 | USD |
CY2018Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
19861000 | USD |
CY2019Q1 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
19735000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
-329000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
|
2210000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
|
1652000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1304000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-2487000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
-329000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
|
2210000 | USD |
CY2019Q1 | 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 |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
975000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-277000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
-277000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
678000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
1929000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1982000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-558000 | USD |
CY2018Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
1941000 | USD |
CY2019Q1 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Diluted
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossDiluted
|
1955000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
7786000 | USD |
CY2019Q1 | us-gaap |
Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
|
-500000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
|
0 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Convertible Preferred Stock
PaymentsForRepurchaseOfConvertiblePreferredStock
|
9240000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
91060000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
109342000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
1302000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
1126000 | USD |
CY2018Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
0 | USD |
CY2019Q1 | us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
15225000 | USD |
CY2018Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
0 | USD |
CY2019Q1 | us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
89000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
22325000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
52634000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
|
0 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
50287000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Investments
PaymentsToAcquireInvestments
|
48992000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
303156000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
418358000 | USD |
CY2018Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
206404000 | USD |
CY2019Q1 | us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
241049000 | USD |
CY2018Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
7220000 | USD |
CY2019Q1 | us-gaap |
Payments To Minority Shareholders
PaymentsToMinorityShareholders
|
9709000 | USD |
CY2018Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
0 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
|
2580000 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
100000000 | shares |
CY2019Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
2298432 | shares |
CY2018Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
13690000 | USD |
CY2019Q1 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
23012000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
99369000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
6142000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD |
CY2018Q1 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
0 | USD |
CY2019Q1 | us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
854209000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1035000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
1405000000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
6579000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
440671000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
27842000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Sale Maturity And Collections Of Investments
ProceedsFromSaleMaturityAndCollectionsOfInvestments
|
26200000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
141518000 | USD |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
136818000 | USD |
CY2018Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
14787000 | USD |
CY2019Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
15893000 | USD |
CY2018Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
11913693000 | USD |
CY2019Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
12410350000 | USD |
CY2019Q1 | us-gaap |
Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
|
1929000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
595000000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
1613000000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1189000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
301343000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
37949000 | USD |
CY2019Q1 | us-gaap |
Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
|
54433000 | USD |
CY2018Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
320139000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Including Assessed Tax
RevenueFromContractWithCustomerIncludingAssessedTax
|
358842000 | USD |
CY2018Q4 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
|
262111000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceived
|
261702000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Five Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFiveYears
|
1863000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Four Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedFourYears
|
1809000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Next Twelve Months
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedNextTwelveMonths
|
1246000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Thereafter
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThereafter
|
253323000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Three Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedThreeYears
|
1756000 | USD |
CY2019Q1 | us-gaap |
Sales Type And Direct Financing Leases Lease Receivable Payments To Be Received Two Years
SalesTypeAndDirectFinancingLeasesLeaseReceivablePaymentsToBeReceivedTwoYears
|
1705000 | USD |
CY2019Q1 | us-gaap |
Sales Type Lease Initial Direct Cost Expense Commencement
SalesTypeLeaseInitialDirectCostExpenseCommencement
|
3500000 | USD |
CY2018Q4 | us-gaap |
Secured Debt
SecuredDebt
|
630547000 | USD |
CY2019Q1 | us-gaap |
Secured Debt
SecuredDebt
|
356461000 | USD |
CY2018Q4 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
4292293000 | USD |
CY2019Q1 | us-gaap |
Senior Long Term Notes
SeniorLongTermNotes
|
5139500000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7248000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
11029000 | USD |
CY2019Q1 | us-gaap |
Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
|
27149 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
843600 | shares |
CY2018Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
99369000 | USD |
CY2019Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
9240000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7341965000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
7566577000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6471660000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
6723135000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
7883928000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
8344025000 | USD |
CY2018Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
32631000 | USD |
CY2019Q1 | us-gaap |
Straight Line Rent
StraightLineRent
|
26965000 | USD |
CY2018Q4 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
10786000 | USD |
CY2019Q1 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
10889000 | USD |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
100125000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
111054000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
99855000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
111054000 | shares |
CY2019Q1 | us-gaap |
Derivatives Methods Of Accounting Hedge Effectiveness
DerivativesMethodsOfAccountingHedgeEffectiveness
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Hedge accounting</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">We utilize interest rate hedge agreements to manage a portion of our exposure to variable interest rates primarily associated with borrowings based on LIBOR. As a result, all of our interest rate hedge agreements are designated as cash flow hedges. At inception of a hedge agreement, we are required to perform an initial quantitative assessment to determine whether a hedge is highly effective in offsetting changes in cash flows associated with the hedged item. Subsequently, we may perform only a qualitative assessment, unless facts and circumstances change.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">We determined that each our cash flow hedges were highly effective at inception and continue to be highly effective. Therefore, we record all changes (effective and ineffective components) in fair value of our hedges in accumulated other comprehensive income within total equity and reclassify them into earnings when the hedged item affects earnings.</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">In October 2018, the FASB issued an accounting standard that expands the list of U.S. benchmark interest rates permitted in the application of hedge accounting to include the overnight index swap rate based on the Secured Overnight Financing Rate (“SOFR”). The accounting standard became effective for us and was adopted on January 1, 2019. We have no hedges based on SOFR; therefore, the adoption of this accounting standard had no effect on our consolidated financial statements.</font></div></div> | |
CY2019Q1 | us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;font-weight:bold;">Organization and basis of presentation</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Alexandria Real Estate Equities, Inc. (NYSE:ARE), an S&P 500</font><font style="font-family:Arial;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">®</sup></font><font style="font-family:Arial;font-size:9pt;"> company, is an urban office REIT uniquely focused on collaborative life science and technology campuses in AAA innovation cluster locations. As used in this </font><font style="font-family:Arial;font-size:9pt;">quarterly report</font><font style="font-family:Arial;font-size:9pt;"> 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. The accompanying unaudited 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.</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">We have prepared the accompanying interim consolidated financial statements in accordance with GAAP and in conformity with the rules and regulations of the SEC. In our opinion, the interim consolidated financial statements presented herein reflect all adjustments, of a normal recurring nature, that are necessary to fairly present the interim consolidated financial statements. The results of operations for the interim period are not necessarily indicative of the results that may be expected for the year ending </font><font style="font-family:Arial;font-size:9pt;">December 31, 2019</font><font style="font-family:Arial;font-size:9pt;">. These unaudited consolidated financial statements should be read in conjunction with the audited consolidated financial statements and the notes thereto included in our annual report on Form 10‑K for the year ended </font><font style="font-family:Arial;font-size:9pt;">December 31, 2018</font><font style="font-family:Arial;font-size:9pt;">. Any references to our market capitalization, number or quality of buildings or tenants, quality of location, square footage, number of leases, or occupancy percentage, and any amounts derived from these values in these notes to consolidated financial statements, are outside the scope of our independent registered public accounting firm’s review.</font></div></div> | |
CY2019Q1 | us-gaap |
Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Reclassifications</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;"> </font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Certain prior period amounts have been reclassified to conform to current period presentation. Refer to the “Lease Accounting” section within this Note 2 – “Summary of Significant Accounting Policies.”</font></div></div> | |
CY2019Q1 | us-gaap |
Revenue Recognition Leases
RevenueRecognitionLeases
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Revenues</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">The table below provides detail of our consolidated total revenues for the </font><font style="font-family:Arial;font-size:9pt;">three months ended March 31, 2019</font><font style="font-family:Arial;font-size:9pt;"> (in thousands):</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="5" rowspan="1"></td></tr><tr><td style="width:79%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="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="3" 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:9pt;"><font style="font-family:Arial;font-size:9pt;">Three Months Ended March 31, 2019</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:9pt;"><font style="font-family:Arial;font-size:9pt;">Income from rentals:</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 colspan="3" 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;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Revenues subject to the new lease accounting standard:</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="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Operating leases</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;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">343,339</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:20px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Direct financing leases</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;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">601</font></div></td><td style="vertical-align:bottom;border-bottom: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:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Revenues subject to the new lease accounting standard</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 colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">343,940</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:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">Revenues subject to the revenue recognition accounting standard</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;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">10,809</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:9pt;"><font style="font-family:Arial;font-size:9pt;">Income from rentals</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 colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">354,749</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:9pt;"><font style="font-family:Arial;font-size:9pt;">Other income</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;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">4,093</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:9pt;"><font style="font-family:Arial;font-size:9pt;">Total revenues</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;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">358,842</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;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></table></div><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">During the </font><font style="font-family:Arial;font-size:9pt;">three months ended March 31, 2019</font><font style="font-family:Arial;font-size:9pt;">, revenues that were subject to the new lease accounting standard aggregated </font><font style="font-family:Arial;font-size:9pt;">$343.9 million</font><font style="font-family:Arial;font-size:9pt;"> and represented </font><font style="font-family:Arial;font-size:9pt;">95.8%</font><font style="font-family:Arial;font-size:9pt;"> of our total revenues. Our total revenues also included </font><font style="font-family:Arial;font-size:9pt;">$14.9 million</font><font style="font-family:Arial;font-size:9pt;">, or </font><font style="font-family:Arial;font-size:9pt;">4.2%</font><font style="font-family:Arial;font-size:9pt;">, subject to other accounting guidance. For a detailed discussion related to our revenue streams, refer to the “Lease Accounting” and “Recognition of Revenue Arising From Contracts With Customers” sections within this Note 2 – “Summary of Significant Accounting Policies.”</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div></div> | |
CY2019Q1 | 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:9pt;"><font style="font-family:Arial;font-size:9pt;text-decoration:underline;">Use of estimates</font></div><div style="line-height:120%;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:9pt;"><font style="font-family:Arial;font-size:9pt;">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> |