2016 Q4 Form 10-Q Financial Statement

#000091591216000038 Filed on November 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $518.2M $516.2M $475.4M
YoY Change 7.78% 8.59% 10.41%
Cost Of Revenue $169.4M $177.1M $166.1M
YoY Change 7.08% 6.62% 10.59%
Gross Profit $348.8M $339.1M $309.3M
YoY Change 8.12% 9.63% 10.35%
Gross Profit Margin 67.3% 65.69% 65.07%
Selling, General & Admin $10.40M $11.90M $10.50M
YoY Change 6.12% 13.33% -7.08%
% of Gross Profit 2.98% 3.51% 3.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $140.0M $131.7M $120.2M
YoY Change 14.57% 9.61% 7.46%
% of Gross Profit 40.14% 38.85% 38.86%
Operating Expenses $150.6M $372.5M $325.0M
YoY Change 14.0% 14.6% 1.53%
Operating Profit $198.2M $345.2M $314.7M
YoY Change 4.04% 9.69% 8.36%
Interest Expense -$39.40M $47.87M $43.23M
YoY Change -4.14% 10.73% -6.78%
% of Operating Profit -19.88% 13.87% 13.74%
Other Income/Expense, Net $3.391M
YoY Change 735.22%
Pretax Income $242.4M $356.4M $206.1M
YoY Change 54.2% 72.89% -14.48%
Income Tax $200.0K $22.00K $39.00K
% Of Pretax Income 0.08% 0.01% 0.02%
Net Earnings $242.2M $356.3M $206.1M
YoY Change 55.89% 72.91% -14.49%
Net Earnings / Revenue 46.73% 69.03% 43.35%
Basic Earnings Per Share $1.76 $2.60 $1.54
Diluted Earnings Per Share $1.76 $2.59 $1.53
COMMON SHARES
Basic Shares Outstanding 137.3M shares 137.0M shares 133.7M shares
Diluted Shares Outstanding 137.5M shares 134.7M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $215.0M $66.00M $319.0M
YoY Change -46.38% -79.31% -27.5%
Cash & Equivalents $215.0M $65.90M $318.6M
Short-Term Investments
Other Short-Term Assets $257.0M $229.0M $201.0M
YoY Change 29.15% 13.93% -4.74%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $472.0M $295.0M $520.0M
YoY Change -21.33% -43.27% -20.12%
LONG-TERM ASSETS
Property, Plant & Equipment $17.03B $16.87B $15.79B
YoY Change 6.84% 6.84% 7.25%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $175.0M $177.0M $269.0M
YoY Change -19.35% -34.2% -11.8%
Other Assets $155.0M $212.0M $172.0M
YoY Change 9.15% 23.26% 0.0%
Total Long-Term Assets $17.40B $17.29B $16.26B
YoY Change 6.51% 6.34% 6.77%
TOTAL ASSETS
Total Short-Term Assets $472.0M $295.0M $520.0M
Total Long-Term Assets $17.40B $17.29B $16.26B
Total Assets $17.87B $17.59B $16.78B
YoY Change 5.53% 4.81% 5.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $101.0M $100.0M $103.0M
YoY Change 2.02% -2.91% 5.1%
Accrued Expenses $313.0M $379.0M $307.0M
YoY Change 4.33% 23.45% 10.04%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $656.0M $722.0M $635.0M
YoY Change 5.3% 13.7% 9.48%
LONG-TERM LIABILITIES
Long-Term Debt $7.031B $6.816B $6.307B
YoY Change 8.89% 8.07% 1.04%
Other Long-Term Liabilities $1.000M $4.000M $0.00
YoY Change 0.0% -100.0%
Total Long-Term Liabilities $7.032B $6.820B $6.307B
YoY Change 8.89% 8.13% 1.01%
TOTAL LIABILITIES
Total Short-Term Liabilities $656.0M $722.0M $635.0M
Total Long-Term Liabilities $7.032B $6.820B $6.307B
Total Liabilities $7.688B $7.542B $6.942B
YoY Change 8.58% 8.64% 1.74%
SHAREHOLDERS EQUITY
Retained Earnings $94.90M $36.04M -$182.5M
YoY Change -147.93% -119.75% -28.76%
Common Stock $1.373M $1.373M $1.369M
YoY Change 0.22% 0.29% 3.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $10.17B $10.04B $9.829B
YoY Change
Total Liabilities & Shareholders Equity $17.87B $17.59B $16.78B
YoY Change 5.53% 4.81% 5.67%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $242.2M $356.3M $206.1M
YoY Change 55.89% 72.91% -14.49%
Depreciation, Depletion And Amortization $140.0M $131.7M $120.2M
YoY Change 14.57% 9.61% 7.46%
Cash From Operating Activities $282.8M $307.5M $302.4M
YoY Change 7.73% 1.69% 30.51%
INVESTING ACTIVITIES
Capital Expenditures $37.90M -$525.9M -$393.6M
YoY Change -112.07% 33.61% 20.37%
Acquisitions
YoY Change
Other Investing Activities -$208.7M $371.8M $101.4M
YoY Change -306.43% 266.67% -28.59%
Cash From Investing Activities -$170.8M -$154.1M -$292.2M
YoY Change -19.81% -47.26% 57.95%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 37.10M -269.8M 243.2M
YoY Change 14.15% -210.94% -848.31%
NET CHANGE
Cash From Operating Activities 282.8M 307.5M 302.4M
Cash From Investing Activities -170.8M -154.1M -292.2M
Cash From Financing Activities 37.10M -269.8M 243.2M
Net Change In Cash 149.1M -116.4M 253.4M
YoY Change 81.83% -145.94% 1684.51%
FREE CASH FLOW
Cash From Operating Activities $282.8M $307.5M $302.4M
Capital Expenditures $37.90M -$525.9M -$393.6M
Free Cash Flow $244.9M $833.4M $696.0M
YoY Change -57.53% 19.74% 24.57%

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us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
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7790000 USD
CY2015Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
40978000 USD
CY2016Q3 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
38485000 USD
CY2015Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
66410000 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
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98899000 USD
CY2016Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 USD
us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
180256000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
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1449877000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
1058916000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
482201000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
317442000 USD
CY2015Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
1449877000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
1058916000 USD
CY2015Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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66272000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
108043000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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2702000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
178700000 USD
CY2015Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
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43868000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
132518000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
30771000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
101534000 USD
CY2015Q4 us-gaap Fixtures And Equipment Gross
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458224000 USD
CY2016Q3 us-gaap Fixtures And Equipment Gross
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515887000 USD
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0 USD
us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
9647000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Other Assets
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10778000 USD
us-gaap Gain Loss On Sale Of Other Assets
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10921000 USD
us-gaap Gain Loss On Sale Of Properties
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146745000 USD
us-gaap Gain Loss On Sale Of Properties
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348675000 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
18987000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
26736000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
35216000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
106151000 USD
CY2016Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
202163000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
284582000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10464000 USD
us-gaap General And Administrative Expense
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31266000 USD
CY2016Q3 us-gaap General And Administrative Expense
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11928000 USD
us-gaap General And Administrative Expense
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35343000 USD
CY2015Q3 us-gaap Impairment Of Investments
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0 USD
us-gaap Impairment Of Investments
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0 USD
CY2016Q3 us-gaap Impairment Of Investments
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0 USD
us-gaap Impairment Of Investments
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0 USD
CY2015Q3 us-gaap Impairment Of Real Estate
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658000 USD
us-gaap Impairment Of Real Estate
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-10668000 USD
CY2016Q3 us-gaap Impairment Of Real Estate
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0 USD
us-gaap Impairment Of Real Estate
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-3935000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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206115000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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587729000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
356351000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
791620000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
20554000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
68925000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-342000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
54779000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-13502000 USD
us-gaap Income Loss From Equity Method Investments Net Of Dividends Or Distributions
IncomeLossFromEquityMethodInvestmentsNetOfDividendsOrDistributions
-11756000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
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39000 USD
us-gaap Income Tax Expense Benefit
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1348000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
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22000 USD
us-gaap Income Tax Expense Benefit
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95000 USD
us-gaap Increase Decrease In Accrued Liabilities
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33072000 USD
us-gaap Increase Decrease In Accrued Liabilities
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17911000 USD
us-gaap Increase Decrease In Construction Payables
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1010000 USD
us-gaap Increase Decrease In Construction Payables
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1311000 USD
us-gaap Increase Decrease In Derivative Assets
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-2689000 USD
us-gaap Increase Decrease In Derivative Liabilities
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53591000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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-2986000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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16127000 USD
us-gaap Increase Decrease In Restricted Cash
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0 USD
us-gaap Increase Decrease In Restricted Cash
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59263000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
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8409000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
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4563000 USD
CY2015Q3 us-gaap Interest Costs Capitalized
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20356000 USD
us-gaap Interest Costs Capitalized
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59186000 USD
CY2016Q3 us-gaap Interest Costs Capitalized
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19889000 USD
us-gaap Interest Costs Capitalized
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60522000 USD
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553000 USD
CY2016Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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3845000 USD
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0 USD
CY2016Q3 us-gaap Line Of Credit
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170000000 USD
CY2015Q4 us-gaap Long Term Debt
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6481291000 USD
CY2016Q3 us-gaap Long Term Debt
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6851379000 USD
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2161000 USD
us-gaap Management Fees Revenue
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7714000 USD
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43234000 USD
us-gaap Interest Expense
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133398000 USD
CY2016Q3 us-gaap Interest Expense
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47871000 USD
us-gaap Interest Expense
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137862000 USD
us-gaap Interest Paid Net
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149097000 USD
us-gaap Interest Paid Net
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137720000 USD
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40085000 USD
CY2016Q3 us-gaap Interest Payable Current And Noncurrent
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44027000 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
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13056292000 USD
CY2016Q3 us-gaap Investment Building And Building Improvements
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13993232000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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216919000 USD
CY2016Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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176882000 USD
CY2015Q4 us-gaap Land And Land Improvements
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3636761000 USD
CY2016Q3 us-gaap Land And Land Improvements
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3894647000 USD
CY2015Q4 us-gaap Land Available For Development
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484377000 USD
CY2016Q3 us-gaap Land Available For Development
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519626000 USD
CY2015Q4 us-gaap Liabilities
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7080782000 USD
CY2016Q3 us-gaap Liabilities
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7542083000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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16931305000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
17588657000 USD
CY2016Q3 us-gaap Management Fees Revenue
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1320000 USD
us-gaap Management Fees Revenue
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4310000 USD
us-gaap Minority Interest Change In Redemption Value
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1340000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-319685000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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-986515000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-866591000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
794272000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
851668000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-66000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-229000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-63000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-242000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-9000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-28000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-10000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-30000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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206142000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
586610000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
356392000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
791767000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
206151000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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586638000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
356402000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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791797000 USD
us-gaap Noncash Project Abandonment Costs
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0 USD
us-gaap Noncash Project Abandonment Costs
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1598000 USD
CY2015Q4 us-gaap Notes Payable
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6481291000 USD
CY2016Q3 us-gaap Notes Payable
NotesPayable
6681379000 USD
CY2016Q3 us-gaap Number Of Real Estate Properties
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261 community
CY2016Q3 us-gaap Number Of States In Which Entity Operates
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10 state
CY2016Q3 us-gaap Number Of Units In Real Estate Property
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75254 home
CY2015Q3 us-gaap Operating Expenses
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325015000 USD
us-gaap Operating Expenses
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972181000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
372459000 USD
us-gaap Operating Expenses
OperatingExpenses
1085677000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
314703000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
909849000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
349710000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
1043939000 USD
CY2015Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
473199000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
1367473000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
514891000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
1522705000 USD
CY2015Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-31000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-67000 USD
CY2016Q3 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
719000 USD
us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
-73826000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1373000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-4401000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1748000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-4682000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-56280000 USD
CY2015Q4 us-gaap Other Deferred Costs Net
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37577000 USD
CY2016Q3 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
46188000 USD
us-gaap Payments For Capital Improvements
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40358000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
43020000 USD
us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
0 USD
us-gaap Payments For Hedge Financing Activities
PaymentsForHedgeFinancingActivities
14847000 USD
us-gaap Payments For Proceeds From Real Estate Partnership Investment Net
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274000 USD
us-gaap Payments For Proceeds From Real Estate Partnership Investment Net
PaymentsForProceedsFromRealEstatePartnershipInvestmentNet
303000 USD
us-gaap Payments Of Capital Distribution
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28000 USD
us-gaap Payments Of Capital Distribution
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30000 USD
us-gaap Payments Of Dividends
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484251000 USD
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541485000 USD
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4741000 USD
us-gaap Payments Of Financing Costs
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10910000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
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881000 USD
us-gaap Payments To Acquire Businesses And Interest In Affiliates
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2449000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
0 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
11074000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
0 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
393916000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
4887000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
5513000 USD
us-gaap Payments To Develop Real Estate Assets
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1265829000 USD
us-gaap Payments To Develop Real Estate Assets
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869342000 USD
CY2016Q3 us-gaap Pledged Assets Not Separately Reported Real Estate
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3482680000 USD
CY2015Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25
CY2016Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
25
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
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0 USD
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets
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199095000 USD
CY2016Q3 us-gaap Prepaid Expense And Other Assets
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229349000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
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44142000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
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17196000 USD
us-gaap Proceeds From Issuance Of Common Stock
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674631000 USD
us-gaap Proceeds From Issuance Of Common Stock
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14147000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
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47873000 USD
us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
94748000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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232415000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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404731000 USD
us-gaap Proceeds From Unsecured Lines Of Credit
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0 USD
us-gaap Proceeds From Unsecured Lines Of Credit
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170000000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
574066000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
474838000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
206076000 USD
us-gaap Profit Loss
ProfitLoss
586381000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
356329000 USD
us-gaap Profit Loss
ProfitLoss
791525000 USD
CY2016Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
135054000 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
3303751000 USD
CY2016Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
3591604000 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
17151277000 USD
CY2016Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
18403766000 USD
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13847526000 USD
CY2016Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
14812162000 USD
CY2015Q4 us-gaap Real Estate Investments
RealEstateInvestments
15942309000 USD
CY2016Q3 us-gaap Real Estate Investments
RealEstateInvestments
16871410000 USD
CY2015Q3 us-gaap Real Estate Tax Expense
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50416000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
143505000 USD
CY2016Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
52338000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
153512000 USD
CY2015Q4 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
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9997000 USD
CY2016Q3 us-gaap Redeemable Noncontrolling Interest Equity Common Carrying Amount
RedeemableNoncontrollingInterestEquityCommonCarryingAmount
9950000 USD
us-gaap Repayments Of Notes Payable
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743653000 USD
us-gaap Repayments Of Notes Payable
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161095000 USD
us-gaap Repayments Of Unsecured Debt
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0 USD
us-gaap Repayments Of Unsecured Debt
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250000000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
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104821000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents
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166289000 USD
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CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
36043000 USD
CY2015Q3 us-gaap Revenues
Revenues
475360000 USD
us-gaap Revenues
Revenues
1375187000 USD
CY2016Q3 us-gaap Revenues
Revenues
516211000 USD
us-gaap Revenues
Revenues
1527015000 USD
CY2015Q4 us-gaap Secured Debt
SecuredDebt
2611274000 USD
CY2016Q3 us-gaap Secured Debt
SecuredDebt
2575723000 USD
CY2015Q4 us-gaap Security Deposit
SecurityDeposit
30077000 USD
CY2016Q3 us-gaap Security Deposit
SecurityDeposit
32640000 USD
CY2015Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
53132000 USD
CY2016Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
57495000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
11980000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
12103000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
39800 shares
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
53214 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1608 shares
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
1689 shares
us-gaap Stock Issued During Period Shares Employee Stock Purchase Plans
StockIssuedDuringPeriodSharesEmployeeStockPurchasePlans
5671 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
4293 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Forfeited
StockIssuedDuringPeriodSharesShareBasedCompensationForfeited
407 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
128192 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
275000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
304000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
9861000 USD
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
502000 USD
us-gaap Stock Issued During Period Value Share Based Compensation Forfeited
StockIssuedDuringPeriodValueShareBasedCompensationForfeited
627000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9840526000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
10036624000 USD
CY2015Q3 us-gaap Undistributed Earnings
UndistributedEarnings
205675000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
585166000 USD
CY2016Q3 us-gaap Undistributed Earnings
UndistributedEarnings
355520000 USD
us-gaap Undistributed Earnings
UndistributedEarnings
789731000 USD
CY2015Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
467000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1444000 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
872000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
2036000 USD
CY2015Q4 us-gaap Unsecured Debt
UnsecuredDebt
3845674000 USD
CY2016Q3 us-gaap Unsecured Debt
UnsecuredDebt
4070247000 USD
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1032376 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
1139423 shares
CY2016Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
499798 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
533642 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134709460 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
133663770 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
137505054 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
137442306 shares
CY2015Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2016Q3 us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
us-gaap Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted
WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted
7500 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
133669584 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
132516847 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136997756 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
136901164 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to amounts in prior years&#8217; notes to financial statements to conform to current year presentations as a result of changes in held for sale classification and disposition activity.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions. These estimates and assumptions affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the dates of the financial statements and the reported amounts of revenue and expenses during the reporting periods.&#160; Actual results could differ from those estimates.</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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