2019 Q1 Form 10-Q Financial Statement

#000103544319000130 Filed on April 30, 2019

View on sec.gov

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
CY2019Q1 are Debt Instrument Percentage Of Outstanding Balance
DebtInstrumentPercentageOfOutstandingBalance
1.00
CY2019Q1 are Debt Instrument Percentage Of Outstanding Balance
DebtInstrumentPercentageOfOutstandingBalance
1.000
CY2019Q1 are Debt Instrument Weighted Average Remaining Period
DebtInstrumentWeightedAverageRemainingPeriod
P7Y2M12D
CY2018Q4 are Deferred Costs Leasing And Finance Net
DeferredCostsLeasingAndFinanceNet
239070000 USD
CY2019Q1 are Deferred Costs Leasing And Finance Net
DeferredCostsLeasingAndFinanceNet
241268000 USD
CY2018Q4 are Deferred Rent Liability
DeferredRentLiability
29547000 USD
CY2018Q4 are Direct Financing Lease Unearned Income
DirectFinancingLeaseUnearnedIncome
222962000 USD
CY2018Q4 are 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
2100000 USD
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
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsAreaofRealEstate
402144 sqft
CY2018Q4 are Disposal Group Including Assets Heldfor Sale Not Qualifyingas Discontinued Operations Assets
DisposalGroupIncludingAssetsHeldforSaleNotQualifyingasDiscontinuedOperationsAssets
31260000 USD
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
350000000 USD
CY2019Q1 are Effective Portion Of Interest Rate Cash Flow Hedge In The Next Twelve Months
EffectivePortionOfInterestRateCashFlowHedgeInTheNextTwelveMonths
350000000 USD
CY2019Q1 are Fixed Interest Rate Debt As Percentage Of Total Outstanding Balance
FixedInterestRateDebtAsPercentageOfTotalOutstandingBalance
1.00
CY2018Q1 are Gross Operating Lease Costs
GrossOperatingLeaseCosts
3868000 USD
CY2019Q1 are Gross Operating Lease Costs
GrossOperatingLeaseCosts
4554000 USD
CY2019Q1 are Ground And Operating Lease Obligation Due
GroundAndOperatingLeaseObligationDue
657000000 USD
CY2019Q1 are Ground And Operating Lease Obligation Due
GroundAndOperatingLeaseObligationDue
590300000 USD
CY2019Q1 are Ground Lease Related To Operating Property Net Book Value
GroundLeaseRelatedToOperatingPropertyNetBookValue
8200000 USD
CY2019Q1 are Landparcelsubjecttoleaseagreementthatcontainsapurchaseoption
Landparcelsubjecttoleaseagreementthatcontainsapurchaseoption
2
CY2019Q1 are Lessor Finance Lease Remaining Lease Term
LessorFinanceLeaseRemainingLeaseTerm
P73Y8M
CY2019Q1 are Limited Partnership Liquidation Expected Initial Term In Years
LimitedPartnershipLiquidationExpectedInitialTermInYears
P10Y
CY2019Q1 are Limited Partnership Maximum Expiration Terms
LimitedPartnershipMaximumExpirationTerms
P11Y
CY2019Q1 are Longterm Debt Percentage Bearing Fixed Interest Amount Net
LongtermDebtPercentageBearingFixedInterestAmountNet
5843503000 USD
CY2019Q1 are Longterm Debt Percentage Bearing Variable Interest Amount Net
LongtermDebtPercentageBearingVariableInterestAmountNet
0 USD
CY2019Q1 are Maximum Expected Period Of Sale Of Property
MaximumExpectedPeriodOfSaleOfProperty
P1Y
CY2019Q1 are Minimum Percentage Of Taxable Income To Be Distributed
MinimumPercentageOfTaxableIncomeToBeDistributed
0.90
CY2018Q1 are Noncashleaseliability
Noncashleaseliability
0 USD
CY2019Q1 are Noncashleaseliability
Noncashleaseliability
245638000 USD
CY2018Q1 are Noncashrightofuseasset
Noncashrightofuseasset
0 USD
CY2019Q1 are Noncashrightofuseasset
Noncashrightofuseasset
239653000 USD
CY2019Q1 are Number Of Real Estate Properties Acquired
NumberOfRealEstatePropertiesAcquired
10
CY2018Q1 are Other Comprehensive Income Loss Netof Tax Including Portion Attributableto Nonredeemable Noncontrolling Interest
OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterest
975000 USD
CY2019Q1 are Other Comprehensive Income Loss Netof Tax Including Portion Attributableto Nonredeemable Noncontrolling Interest
OtherComprehensiveIncomeLossNetofTaxIncludingPortionAttributabletoNonredeemableNoncontrollingInterest
-277000 USD
CY2019Q1 are Percent Of Taxable Income Generally Distributed As Dividend
PercentOfTaxableIncomeGenerallyDistributedAsDividend
1.00
CY2018Q1 are Percentage Of Effective Portion Of Interest Rate Hedge Agreements
PercentageOfEffectivePortionOfInterestRateHedgeAgreements
1.00
CY2019Q1 are Percentage Of Effective Portion Of Interest Rate Hedge Agreements
PercentageOfEffectivePortionOfInterestRateHedgeAgreements
1.00
CY2019Q1 are Percentageoftotalrevenues
Percentageoftotalrevenues
0.958
CY2019Q1 are Preferred Stock Shares Additional Shares Authorized
PreferredStockSharesAdditionalSharesAuthorized
200000000 shares
CY2019Q1 are Preferred Stock Shares Additional Shares Authorized Issued And Outstanding
PreferredStockSharesAdditionalSharesAuthorizedIssuedAndOutstanding
0 shares
CY2018Q4 are Prepaid Rent And Tenant Security Deposits
PrepaidRentAndTenantSecurityDeposits
250923000 USD
CY2019Q1 are Prepaid Rent And Tenant Security Deposits
PrepaidRentAndTenantSecurityDeposits
246342000 USD
CY2018Q4 are Real Estate Corporate Operations
RealEstateCorporateOperations
81024000 USD
CY2019Q1 are Real Estate Corporate Operations
RealEstateCorporateOperations
112199000 USD
CY2018Q1 are Reclassification Of Cumulative Net Unrealized Gains On Non Real Estate Investments
ReclassificationOfCumulativeNetUnrealizedGainsOnNonRealEstateInvestments
90750000 USD
CY2019Q1 are Rent Commence Date
RentCommenceDate
2017-10-01
CY2018Q1 are Transfers Due To Due From Parent Entity
TransfersDueToDueFromParentEntity
0 USD
CY2019Q1 are Transfers Due To Due From Parent Entity
TransfersDueToDueFromParentEntity
0 USD
CY2019Q1 are Transfers In Fair Value Hierarchy
TransfersInFairValueHierarchy
0 transfer
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
--12-31
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001035443
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
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
false
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
981707000 USD
CY2019Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1171377000 USD
CY2018Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
215539000 USD
CY2019Q1 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
167350000 USD
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
9798000 USD
CY2019Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
9645000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10435000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-10712000 USD
CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7286954000 USD
CY2019Q1 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
7518716000 USD
CY2019Q1 us-gaap Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
89000 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
0 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Dividends In Excess Of Retained Earnings
AdjustmentsToAdditionalPaidInCapitalDividendsInExcessOfRetainedEarnings
0 USD
CY2018Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
11489000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16938000 USD
CY2018Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-6170000 USD
CY2019Q1 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-7148000 USD
CY2018Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-575000 USD
CY2019Q1 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-801000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2543000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2233000 USD
CY2018Q4 us-gaap Asset Retirement Obligation
AssetRetirementObligation
10343000 USD
CY2019Q1 us-gaap Asset Retirement Obligation
AssetRetirementObligation
9878000 USD
CY2018Q4 us-gaap Assets
Assets
14464956000 USD
CY2019Q1 us-gaap Assets
Assets
15480206000 USD
CY2019Q1 us-gaap Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
1200000 USD
CY2018Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
134808000 USD
CY2019Q1 us-gaap Below Market Lease Net
BelowMarketLeaseNet
162177000 USD
CY2018Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
130761000 USD
CY2019Q1 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
133502000 USD
CY2018Q4 us-gaap Capital Leases Net Investment In Direct Financing Leases
CapitalLeasesNetInvestmentInDirectFinancingLeases
39149000 USD
CY2019Q1 us-gaap Capital Leases Net Investment In Direct Financing Leases
CapitalLeasesNetInvestmentInDirectFinancingLeases
39341000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
234181000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
261372000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
277186000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
258982000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
272130000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
315805000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-18204000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
43675000 USD
CY2019Q1 us-gaap Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
649000 USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2019Q1 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2018Q1 us-gaap 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
200000000 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
111180659 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
1110000 USD
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
1112000 USD
CY2018Q1 us-gaap 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 (&#8220;SOFR&#8221;). 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&amp;P 500</font><font style="font-family:Arial;font-size:9pt;"><sup style="vertical-align:top;line-height:120%;font-size:6pt">&#174;</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&#8209;Q, 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 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&#160;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&#160;10&#8209;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&#8217;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;">&#160;</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 &#8220;Lease Accounting&#8221; section within this Note 2 &#8211; &#8220;Summary of Significant Accounting Policies.&#8221;</font></div></div>
CY2019Q1 us-gaap Revenue Recognition Leases
RevenueRecognitionLeases
<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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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;">&#160;</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 &#8220;Lease Accounting&#8221; and &#8220;Recognition of Revenue Arising From Contracts With Customers&#8221; sections within this Note 2 &#8211; &#8220;Summary of Significant Accounting Policies.&#8221;</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
<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>

Files In Submission

Name View Source Status
0001035443-19-000130-index-headers.html Edgar Link pending
0001035443-19-000130-index.html Edgar Link pending
0001035443-19-000130.txt Edgar Link pending
0001035443-19-000130-xbrl.zip Edgar Link pending
a1q19-ex311.htm Edgar Link pending
a1q19-ex312.htm Edgar Link pending
a1q19-ex313.htm Edgar Link pending
a1q19-ex314.htm Edgar Link pending
a1q19-ex32.htm Edgar Link pending
a1q1910-q.htm Edgar Link pending
are-20190331.xml Edgar Link completed
are-20190331.xsd Edgar Link pending
are-20190331_cal.xml Edgar Link unprocessable
are-20190331_def.xml Edgar Link unprocessable
are-20190331_lab.xml Edgar Link unprocessable
are-20190331_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
q119bindery.jpg Edgar Link pending
q119binney399.jpg Edgar Link pending
q119bluxome.jpg Edgar Link pending
q119campus9880.jpg Edgar Link pending
q119clienttenantmix.jpg Edgar Link pending
q119davis8.jpg Edgar Link pending
q119eastblaine188.jpg Edgar Link pending
q119eastgrand279.jpg Edgar Link pending
q119eastlake1165.jpg Edgar Link pending
q119fixedcharge.jpg Edgar Link pending
q119gateway681.jpg Edgar Link pending
q119gsw.jpg Edgar Link pending
q119haskinsway.jpg Edgar Link pending
q119industrialroad.jpg Edgar Link pending
q119laboratory5.jpg Edgar Link pending
q119laboratory9.jpg Edgar Link pending
q119medical9800.jpg Edgar Link pending
q119medical9950.jpg Edgar Link pending
q119menlogateway.jpg Edgar Link pending
q119netdebt.jpg Edgar Link pending
q119netdebtpreferred.jpg Edgar Link pending
q119occupancy.jpg Edgar Link pending
q119parc.jpg Edgar Link pending
q119preleasing.jpg Edgar Link pending
q119pubprimix.jpg Edgar Link pending
q119quince.jpg Edgar Link pending
q119realestate.jpg Edgar Link pending
q119rentalratea.jpg Edgar Link pending
q119rentalrateb.jpg Edgar Link pending
q119samepropa.jpg Edgar Link pending
q119samepropb.jpg Edgar Link pending
q119secondave.jpg Edgar Link pending
q119spectrum.jpg Edgar Link pending
q119sustainability.jpg Edgar Link pending
q119tenantmix.jpg Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R73.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending