2015 Q4 Form 10-Q Financial Statement

#000090725415000114 Filed on November 02, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $52.90M $52.38M $50.60M
YoY Change 0.0% 3.52% 1.69%
Cost Of Revenue $12.47M $12.30M $11.91M
YoY Change 2.55% 3.27% 1.1%
Gross Profit $40.43M $39.51M $38.52M
YoY Change 3.4% 2.59% 1.76%
Gross Profit Margin 76.42% 75.44% 76.12%
Selling, General & Admin $4.640M $3.800M $3.840M
YoY Change 4.98% -1.04% 9.71%
% of Gross Profit 11.48% 9.62% 9.97%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $10.90M $11.13M $10.26M
YoY Change 8.53% -2.25%
% of Gross Profit 26.96% 28.17% 26.63%
Operating Expenses $15.16M $15.55M $14.27M
YoY Change 0.53% 8.97% 0.71%
Operating Profit $14.08M $13.24M $12.48M
YoY Change 0.0% 6.08% 4.35%
Interest Expense -$11.18M -$11.24M -$11.58M
YoY Change -2.78% -2.94% -0.94%
% of Operating Profit -79.39% -84.91% -92.8%
Other Income/Expense, Net
YoY Change
Pretax Income $14.09M $13.23M $12.48M
YoY Change 14.46% 6.01% 8.43%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $11.25M $10.62M $10.11M
YoY Change 0.0% 5.04% 7.53%
Net Earnings / Revenue 21.27% 20.27% 19.97%
Basic Earnings Per Share
Diluted Earnings Per Share $0.38 $0.36 $0.33
COMMON SHARES
Basic Shares Outstanding 21.20M shares 21.16M shares 20.84M shares
Diluted Shares Outstanding 21.19M shares 20.88M shares

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.00M $8.900M $13.00M
YoY Change -17.36% -31.54% 11.11%
Cash & Equivalents $10.00M $8.922M $13.02M
Short-Term Investments
Other Short-Term Assets $4.700M $8.100M $6.900M
YoY Change 14.63% 17.39% -6.76%
Inventory
Prepaid Expenses
Receivables $51.10M $50.80M $47.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $65.80M $67.80M $66.90M
YoY Change 4.44% 1.35% 5.19%
LONG-TERM ASSETS
Property, Plant & Equipment $1.197B $1.188B $1.151B
YoY Change 2.91% 3.15% 4.95%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $26.90M $36.00M $36.90M
YoY Change -26.9% -2.44% 350.0%
Total Long-Term Assets $1.230B $1.229B $1.192B
YoY Change 2.97% 3.15% 4.94%
TOTAL ASSETS
Total Short-Term Assets $65.80M $67.80M $66.90M
Total Long-Term Assets $1.230B $1.229B $1.192B
Total Assets $1.295B $1.297B $1.259B
YoY Change 3.05% 3.05% 4.95%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $27.70M $31.70M $24.90M
YoY Change 17.87% 27.31% 13.18%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $43.10M $47.00M $39.30M
YoY Change 13.72% 19.59% 11.97%
LONG-TERM LIABILITIES
Long-Term Debt $866.5M $869.4M $846.5M
YoY Change 1.06% 2.71% 2.56%
Other Long-Term Liabilities $32.10M $32.50M $33.40M
YoY Change -1.23% -2.69% 10.96%
Total Long-Term Liabilities $898.6M $901.9M $879.9M
YoY Change 0.98% 2.5% 2.85%
TOTAL LIABILITIES
Total Short-Term Liabilities $43.10M $47.00M $39.30M
Total Long-Term Liabilities $898.6M $901.9M $879.9M
Total Liabilities $941.7M $949.0M $919.2M
YoY Change 1.5% 3.23% 3.22%
SHAREHOLDERS EQUITY
Retained Earnings -$180.1M -$179.1M -$170.7M
YoY Change 3.64% 4.94% -0.68%
Common Stock $213.0K $212.0K $209.0K
YoY Change 1.91% 1.44% 1.95%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $303.3M $299.1M $291.4M
YoY Change
Total Liabilities & Shareholders Equity $1.295B $1.297B $1.259B
YoY Change 2.24% 3.05% 4.95%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $11.25M $10.62M $10.11M
YoY Change 0.0% 5.04% 7.53%
Depreciation, Depletion And Amortization $10.90M $11.13M $10.26M
YoY Change 8.53% -2.25%
Cash From Operating Activities $24.20M $16.20M $23.40M
YoY Change 18.05% -30.77% 62.5%
INVESTING ACTIVITIES
Capital Expenditures -$19.70M -$24.30M -$48.00M
YoY Change -3.43% -49.38% 451.72%
Acquisitions
YoY Change
Other Investing Activities $0.00 $0.00 $0.00
YoY Change
Cash From Investing Activities -$19.70M -$24.40M -$48.00M
YoY Change -3.43% -49.17% 451.72%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -3.300M 5.200M 15.80M
YoY Change 266.67% -67.09% -328.99%
NET CHANGE
Cash From Operating Activities 24.20M 16.20M 23.40M
Cash From Investing Activities -19.70M -24.40M -48.00M
Cash From Financing Activities -3.300M 5.200M 15.80M
Net Change In Cash 1.200M -3.000M -8.800M
YoY Change -250.0% -65.91% 633.33%
FREE CASH FLOW
Cash From Operating Activities $24.20M $16.20M $23.40M
Capital Expenditures -$19.70M -$24.30M -$48.00M
Free Cash Flow $43.90M $40.50M $71.40M
YoY Change 7.33% -43.28% 209.09%

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312400 USD
us-gaap Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
0.06
us-gaap Depreciation And Amortization
DepreciationAndAmortization
26800000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
28200000 USD
CY2014Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
10256000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
30745000 USD
CY2015Q3 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
11131000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
32382000 USD
CY2014Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
1000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-6000 USD
CY2015Q3 us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-6000 USD
us-gaap Derivative Instruments Not Designated As Hedging Instruments Gain Loss Net
DerivativeInstrumentsNotDesignatedAsHedgingInstrumentsGainLossNet
-12000 USD
CY2014Q4 us-gaap Development In Process
DevelopmentInProcess
30261000 USD
CY2015Q3 us-gaap Development In Process
DevelopmentInProcess
69175000 USD
CY2014Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
6316000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
20039000 USD
CY2015Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
6308000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
20120000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
24378000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
14352000 USD
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15329000 USD
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
543000 USD
CY2015Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
453200 USD
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.33
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.29
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.36
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.04
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y10M6D
CY2014Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
6069000 USD
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
2830000 USD
us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
4125000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
355000 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
0 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3837000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12540000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3802000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11712000 USD
CY2014Q3 us-gaap Gross Profit
GrossProfit
38515000 USD
us-gaap Gross Profit
GrossProfit
118678000 USD
CY2015Q3 us-gaap Gross Profit
GrossProfit
39514000 USD
us-gaap Gross Profit
GrossProfit
117064000 USD
CY2014Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
2374000 USD
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
9231000 USD
CY2015Q3 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
2617000 USD
us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
7628000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
3282000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
5340000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
1537000 USD
us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
-67000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1590000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
2825000 USD
us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
4022000 USD
CY2014Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
186000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
430000 USD
CY2015Q3 us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
600000 USD
us-gaap Interest Costs Capitalized Adjustment
InterestCostsCapitalizedAdjustment
1393000 USD
CY2014Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
11415000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
33998000 USD
CY2015Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
11489000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
34287000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1109276000 USD
CY2015Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1110255000 USD
CY2014Q4 us-gaap Land
Land
420622000 USD
CY2015Q3 us-gaap Land
Land
424837000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
927730000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
948953000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1266987000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1296950000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.742
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
43000000 USD
CY2015Q3 us-gaap Line Of Credit
LineOfCredit
30000000 USD
CY2015Q3 us-gaap Long Term Debt
LongTermDebt
256205000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
127712000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
24413000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
21893000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
24615000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
25902000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
25716000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
5954000 USD
CY2014Q4 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.0365
CY2015Q3 us-gaap Long Term Debt Percentage Bearing Fixed Interest Rate
LongTermDebtPercentageBearingFixedInterestRate
0.0375
CY2014Q4 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
784800000 USD
CY2015Q3 us-gaap Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
824500000 USD
CY2014Q4 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
72600000 USD
CY2015Q3 us-gaap Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
44900000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
46721000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
48929000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-7171000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-18051000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-63233000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-49881000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
66129000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
64726000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
10106000 USD
us-gaap Net Income Loss
NetIncomeLoss
36447000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
10615000 USD
us-gaap Net Income Loss
NetIncomeLoss
31218000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6900000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26828000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7522000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
21937000 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
784800000 USD
CY2015Q3 us-gaap Notes Payable
NotesPayable
824500000 USD
CY2014Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
886400000 USD
CY2015Q3 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
894400000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2015Q3 us-gaap Number Of Stores
NumberOfStores
31 store
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
12479000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
39615000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
13238000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
38847000 USD
us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
288800 USD
us-gaap Operating Insurance And Claims Costs Production
OperatingInsuranceAndClaimsCostsProduction
295000 USD
CY2014Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
41452000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
123053000 USD
CY2015Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
42431000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
125786000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
630000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
684800 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
3638000 USD
CY2015Q3 us-gaap Other Assets
OtherAssets
5352000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
374000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-273000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-561000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-510000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-503000 USD
us-gaap Professional Fees
ProfessionalFees
495000 USD
CY2015Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-57000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-57000 USD
CY2014Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1222000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
7335000 USD
CY2015Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1607000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
4526000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1286000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
311000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
23997000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26538000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
8597000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
9098000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
48545000 USD
us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
4894000 USD
CY2014Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
37567000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
69912000 USD
CY2015Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
24336000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
49913000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
11174000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
13271000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
10193000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
31748000 USD
CY2014Q3 us-gaap Percentage Rent
PercentageRent
187000 USD
us-gaap Percentage Rent
PercentageRent
1092000 USD
CY2015Q3 us-gaap Percentage Rent
PercentageRent
157000 USD
us-gaap Percentage Rent
PercentageRent
1153000 USD
CY2014Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3206000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9619000 USD
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3093000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9281000 USD
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
1000000 shares
CY2014Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
4093000 USD
CY2015Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
8115000 USD
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
1859000 USD
us-gaap Proceeds From Construction Loans Payable
ProceedsFromConstructionLoansPayable
26022000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
6679000 USD
us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
32000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
8877000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
4060000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
12054000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11102000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
46000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
41000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
15000000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1281000 USD
us-gaap Profit Loss
ProfitLoss
38846000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
480000 USD
CY2014Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
170000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
12480000 USD
us-gaap Profit Loss
ProfitLoss
45678000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
13232000 USD
us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
480000 USD
CY2015Q3 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
621000 USD
CY2015Q3 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
7000000 USD
CY2014Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
5594000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
16631000 USD
CY2015Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
5933000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
17710000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
11000000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-173774000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-179102000 USD
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1281000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
895500000 USD
CY2015Q3 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
860500000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
396617000 USD
CY2015Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
416531000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1560159000 USD
CY2015Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1604267000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1163542000 USD
CY2015Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1187736000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
28000000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
11000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
16462000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
47007000 USD
CY2014Q3 us-gaap Revenues
Revenues
50595000 USD
us-gaap Revenues
Revenues
155828000 USD
CY2015Q3 us-gaap Revenues
Revenues
52376000 USD
us-gaap Revenues
Revenues
156175000 USD
CY2014Q4 us-gaap Secured Debt
SecuredDebt
808997000 USD
CY2015Q3 us-gaap Secured Debt
SecuredDebt
807990000 USD
CY2014Q4 us-gaap Senior Notes
SeniorNotes
857400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
977000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1136000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P4Y
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
476524 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
45.33
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
1041624 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
0 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0.00
CY2007 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
73403 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
225000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
9274028 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
4881029 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
748208 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
900899 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
44.79
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
46.53
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
42.71
us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
51.07
CY2015Q3 us-gaap Share Price
SharePrice
51.75
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2015Q3 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
3235179 USD
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P5Y11M1D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P7Y2M28D
us-gaap Stock Issued During Period Shares Dividend Reinvestment Plan
StockIssuedDuringPeriodSharesDividendReinvestmentPlan
153897 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
230621 shares
us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
76724 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
72309 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
8013000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4225000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
292536000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
299068000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
339257000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
347997000 USD
CY2014Q3 us-gaap Tenant Reimbursements
TenantReimbursements
7734000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
24348000 USD
CY2015Q3 us-gaap Tenant Reimbursements
TenantReimbursements
8181000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
24710000 USD
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20726000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21158000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
21091000 shares
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
39000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
35000 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
33000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
66000 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20878000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
20761000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21191000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
21157000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
20839000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to the prior year financial statements to conform to the presentation used for the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">nine months ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;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 that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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