2016 Q3 Form 10-K Financial Statement

#000001484617000051 Filed on December 14, 2017

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2016 Q1
Revenue $25.89M $24.29M $26.02M
YoY Change 31.71% 22.72% 36.06%
Cost Of Revenue $12.34M $11.99M $12.10M
YoY Change -15.83% 12.79% 23.22%
Gross Profit $13.55M $12.30M $13.92M
YoY Change 50.56% 34.28% 49.68%
Gross Profit Margin 52.34% 50.64% 53.5%
Selling, General & Admin $2.130M $2.370M $2.280M
YoY Change 29.88% 43.64% 31.03%
% of Gross Profit 15.72% 19.27% 16.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.370M $4.680M $6.590M
YoY Change 21.13% -15.83% 18.1%
% of Gross Profit 61.77% 38.05% 47.34%
Operating Expenses $28.89M $27.65M $27.01M
YoY Change 17.32% 28.04% 29.62%
Operating Profit -$2.998M -$3.365M -$992.0K
YoY Change -39.63% 86.32% -42.16%
Interest Expense -$6.280M -$5.620M -$6.050M
YoY Change 27.13% 15.64% 27.64%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $6.500M $7.280M $20.57M
YoY Change -10.47% -502.21% 1840.57%
Income Tax $700.0K $0.00 $0.00
% Of Pretax Income 10.77% 0.0% 0.0%
Net Earnings $2.907M $5.480M $24.94M
YoY Change -15.4% -312.57% -3433.69%
Net Earnings / Revenue 11.23% 22.56% 95.84%
Basic Earnings Per Share
Diluted Earnings Per Share $209.4K $393.4K $1.765M
COMMON SHARES
Basic Shares Outstanding 13.91M shares 13.91M shares 14.24M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2016 Q2 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $27.40M $37.70M $34.80M
YoY Change 75.64% 132.72% 93.33%
Cash & Equivalents $27.40M $37.73M $34.79M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $27.40M $37.70M $34.80M
YoY Change 75.64% 132.72% 93.33%
LONG-TERM ASSETS
Property, Plant & Equipment $759.6M $669.0M $637.2M
YoY Change 28.38% 7.23% -6.68%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $298.0K
YoY Change
Other Assets $41.40M $39.40M $45.20M
YoY Change -78.65% -62.15% 18.32%
Total Long-Term Assets $847.5M $750.4M $718.2M
YoY Change 5.24% 28.11% 23.29%
TOTAL ASSETS
Total Short-Term Assets $27.40M $37.70M $34.80M
Total Long-Term Assets $847.5M $750.4M $718.2M
Total Assets $874.9M $788.1M $753.0M
YoY Change 6.58% 30.93% 25.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.10M $15.00M $14.20M
YoY Change 29.93% -21.47% -26.8%
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 $19.10M $15.00M $14.20M
YoY Change 29.93% -21.47% -26.8%
LONG-TERM LIABILITIES
Long-Term Debt $625.5M $554.0M $532.5M
YoY Change 28.15% 6.35% -3.86%
Other Long-Term Liabilities $28.70M $28.10M $26.50M
YoY Change -81.81% -62.18% -14.52%
Total Long-Term Liabilities $654.2M $582.1M $559.0M
YoY Change 1.29% -2.2% -4.43%
TOTAL LIABILITIES
Total Short-Term Liabilities $19.10M $15.00M $14.20M
Total Long-Term Liabilities $654.2M $582.1M $559.0M
Total Liabilities $673.2M $597.1M $573.2M
YoY Change 1.9% -2.81% -5.15%
SHAREHOLDERS EQUITY
Retained Earnings -$48.13M -$51.03M -$56.51M
YoY Change -39.4% -38.4% -29.6%
Common Stock $39.70M $39.72M $39.92M
YoY Change -1.46% -1.4% -0.9%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $151.3M $148.8M $144.4M
YoY Change
Total Liabilities & Shareholders Equity $874.9M $788.1M $753.0M
YoY Change 6.58% 2.82% -0.94%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2016 Q1
OPERATING ACTIVITIES
Net Income $2.907M $5.480M $24.94M
YoY Change -15.4% -312.57% -3433.69%
Depreciation, Depletion And Amortization $8.370M $4.680M $6.590M
YoY Change 21.13% -15.83% 18.1%
Cash From Operating Activities $3.180M -$2.600M $7.580M
YoY Change -188.33% -20.49% -0.52%
INVESTING ACTIVITIES
Capital Expenditures -$123.8M -$100.3M -$99.62M
YoY Change 42.02% 857.25% 451.0%
Acquisitions
YoY Change
Other Investing Activities $29.88M $74.76M $109.8M
YoY Change -48.77% 5563.64% 807.36%
Cash From Investing Activities -$93.88M -$25.56M $10.18M
YoY Change 225.86% 179.34% -270.23%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 80.38M 31.09M -4.340M
YoY Change 152.93% 193.3% -181.12%
NET CHANGE
Cash From Operating Activities 3.180M -2.600M 7.580M
Cash From Investing Activities -93.88M -25.56M 10.18M
Cash From Financing Activities 80.38M 31.09M -4.340M
Net Change In Cash -10.32M 2.930M 13.42M
YoY Change 1538.1% -260.99% 91.99%
FREE CASH FLOW
Cash From Operating Activities $3.180M -$2.600M $7.580M
Capital Expenditures -$123.8M -$100.3M -$99.62M
Free Cash Flow $126.9M $97.72M $107.2M
YoY Change 51.95% 1255.34% 317.12%

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EquityMethodInvestmentRealizedGainLossOnDisposal
386000 USD
CY2016Q3 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 USD
CY2016 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
386000 USD
CY2017 us-gaap Equity Method Investment Realized Gain Loss On Disposal
EquityMethodInvestmentRealizedGainLossOnDisposal
0 USD
CY2016Q3 us-gaap Escrow Deposit
EscrowDeposit
18972000 USD
CY2017Q3 us-gaap Escrow Deposit
EscrowDeposit
27839000 USD
CY2015 us-gaap Financing Interest Expense
FinancingInterestExpense
19297000 USD
CY2016 us-gaap Financing Interest Expense
FinancingInterestExpense
23878000 USD
CY2017 us-gaap Financing Interest Expense
FinancingInterestExpense
28171000 USD
CY2015 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
0 USD
CY2016 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
0 USD
CY2017 us-gaap Gain Loss From Components Excluded From Assessment Of Cash Flow Hedge Effectiveness Net
GainLossFromComponentsExcludedFromAssessmentOfCashFlowHedgeEffectivenessNet
0 USD
CY2015 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0 USD
CY2016 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0 USD
CY2017 us-gaap Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
0 USD
CY2015 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2016 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2017 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
3571000 USD
CY2015 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
15005000 USD
CY2015Q4 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
609000 USD
CY2016Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
24226000 USD
CY2016Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
10263000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
11379000 USD
CY2016 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
46477000 USD
CY2016Q4 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
35838000 USD
CY2017Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2017Q3 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
16763000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
52601000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-2668000 USD
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1879000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4547000 USD
CY2016Q4 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-799000 USD
CY2017Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-664000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-1463000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6683000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8536000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9396000 USD
CY2017 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
3571000 USD
CY2015 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2016 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2017 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2015 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
-246000 USD
CY2016 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
16950000 USD
CY2017 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
13600000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
4724000 USD
CY2015Q4 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
-1173000 USD
CY2016Q1 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
20566000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
7284000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
5802000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
32479000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35628000 USD
CY2015 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
-0.02
CY2016 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
1.21
CY2017 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.97
CY2015Q4 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
-0.10
CY2016Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.70
CY2016Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.39
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.21
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.21
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-6329000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
-2788000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-2142000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
14339000 USD
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.15
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
1.02
CY2017 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0.00
CY2015Q4 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
-0.04
CY2016Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.06
CY2016Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
1.02
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2016Q4 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-307000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-77000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-384000 USD
CY2015 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
4724000 USD
CY2015Q4 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-1173000 USD
CY2016Q1 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
20566000 USD
CY2016Q2 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
7284000 USD
CY2016Q3 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
6502000 USD
CY2016 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
33179000 USD
CY2016Q4 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
32652000 USD
CY2017Q1 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-3590000 USD
CY2017Q2 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
-3779000 USD
CY2017Q3 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
11905000 USD
CY2017 us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
37188000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2015Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
700000 USD
CY2016Q4 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
350000 USD
CY2017Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1108000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
41000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
61000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1560000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
131000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1264000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
1884000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1739000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4897000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
698000 USD
CY2015 us-gaap Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
-602000 USD
CY2016 us-gaap Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
-6190000 USD
CY2017 us-gaap Increase Decrease In Customer Advances And Deposits
IncreaseDecreaseInCustomerAdvancesAndDeposits
-8867000 USD
CY2015 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-17000 USD
CY2016 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
2380000 USD
CY2017 us-gaap Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
-2328000 USD
CY2015 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
0 USD
CY2016 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
6001000 USD
CY2017 us-gaap Increase Decrease In Other Accounts Payable
IncreaseDecreaseInOtherAccountsPayable
0 USD
CY2015 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
0 USD
CY2016 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-1071000 USD
CY2017 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
-1085000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
25205000 shares
CY2015 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2602000 USD
CY2016 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1568000 USD
CY2017 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
263000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
24324000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
27680000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
27135000 USD
CY2016Q3 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
36998000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
673223000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
757192000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
874899000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
993897000 USD
CY2016Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
652507000 USD
CY2017Q3 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
LongTermDebtAndCapitalLeaseObligationsIncludingCurrentMaturities
734844000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
50386000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
70709000 USD
CY2017Q3 us-gaap Junior Subordinated Notes
JuniorSubordinatedNotes
37018000 USD
CY2016Q3 us-gaap Land
Land
128409000 USD
CY2017Q3 us-gaap Land
Land
138094000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
12588000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
32825000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
33756000 USD
CY2015 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
4679000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
5500000 USD
CY2016Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
19500000 USD
CY2017Q3 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
5500000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
51356000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
137546000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48770000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-67388000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-135783000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-76877000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
8407000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
10080000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13091000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-2388000 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-2034000 USD
CY2016Q1 us-gaap Net Income Loss
NetIncomeLoss
24936000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
5480000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
2907000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
31289000 USD
CY2016Q4 us-gaap Net Income Loss
NetIncomeLoss
15770000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
-4229000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
-3402000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
5461000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
13600000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
783000 USD
CY2015Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-739000 USD
CY2016Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9909000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1804000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2895000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
13869000 USD
CY2016Q4 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
16532000 USD
CY2017Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-469000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-418000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6383000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
22028000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2388000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
31289000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13600000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
45129000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
16051000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
27638000 USD
CY2016 us-gaap Noncontrolling Interest Decrease From Deconsolidation
NoncontrollingInterestDecreaseFromDeconsolidation
1790000 USD
CY2017Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
33 property
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2017Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
11 state
CY2017Q3 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
9568 property_unit
CY2015 us-gaap Operating Expenses
OperatingExpenses
91379000 USD
CY2015Q4 us-gaap Operating Expenses
OperatingExpenses
24108000 USD
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
27011000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
27652000 USD
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
28887000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
107658000 USD
CY2016Q4 us-gaap Operating Expenses
OperatingExpenses
28027000 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
28473000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
30333000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
32504000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
119337000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-10281000 USD
CY2015Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-1782000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-992000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3365000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-2998000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
-9137000 USD
CY2016Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
-2387000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-3590000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
-3472000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-4117000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
-13566000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
81026000 USD
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
95202000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
104477000 USD
CY2016Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
15840000 USD
CY2016Q3 us-gaap Other Assets
OtherAssets
7775000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
9359000 USD
CY2015 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-50000 USD
CY2016 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1544000 USD
CY2017 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
3047000 USD
CY2015 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-50000 USD
CY2016 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1544000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
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3047000 USD
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140511000 USD
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CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
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298000 USD
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CY2017 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
0 USD
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171000 USD
CY2016 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
157000 USD
CY2017 us-gaap Related Party Transaction Selling General And Administrative Expenses From Transactions With Related Party
RelatedPartyTransactionSellingGeneralAndAdministrativeExpensesFromTransactionsWithRelatedParty
346000 USD
CY2015 us-gaap Repayments Of Secured Debt
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37504000 USD
CY2016 us-gaap Repayments Of Secured Debt
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130090000 USD
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96322000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
7383000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6151000 USD
CY2015 us-gaap Restricted Stock Expense
RestrictedStockExpense
906000 USD
CY2016 us-gaap Restricted Stock Expense
RestrictedStockExpense
1005000 USD
CY2017 us-gaap Restricted Stock Expense
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1219000 USD
CY2016Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-48125000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-37047000 USD
CY2015 us-gaap Revenues
Revenues
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Revenues
22326000 USD
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Revenues
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Revenues
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Revenues
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CY2017Q2 us-gaap Revenues
Revenues
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Revenues
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CY2017Q3 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
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68068000 USD
CY2017Q3 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
49000 USD
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CY2015Q3 us-gaap Sec Schedule Iii Real Estate Investment Property Net
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CY2017Q3 us-gaap Sec Schedule Iii Real Estate Investment Property Net
SECScheduleIIIRealEstateInvestmentPropertyNet
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CY2016Q3 us-gaap Secured Debt
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us-gaap Treasury Stock Acquired Average Cost Per Share
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CY2016Q1 us-gaap Treasury Stock Shares Acquired
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252000 shares
us-gaap Treasury Stock Shares Acquired
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98318 shares
CY2016Q1 us-gaap Treasury Stock Value Acquired Cost Method
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1584000 USD
CY2017Q3 us-gaap Secured Debt
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CY2015 us-gaap Stock Repurchased And Retired During Period Shares
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CY2016 us-gaap Stock Repurchased And Retired During Period Shares
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CY2017 us-gaap Stock Repurchased And Retired During Period Shares
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23897 shares
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2422000 USD
CY2016 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
2115000 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
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193000 USD
CY2016Q3 us-gaap Stockholders Equity
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CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
165996000 USD
CY2014Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
168639000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
160174000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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201676000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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236705000 USD
us-gaap Treasury Stock Value Acquired Cost Method
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724000 USD
CY2015 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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CY2016 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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CY2017 us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
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2660000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14133352 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14017279 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14018843 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14133352 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14017279 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13993638 shares
CY2017 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain items on the consolidated financial statements for the prior years have been reclassified to conform with the current year's presentation, including the reclassification (i) of the operations and related assets of the Newark Joint Venture to discontinued operations, (ii) of deferred loan costs on the consolidated balance sheets from assets to a reduction of the carrying amount of mortgage payable and (iii) tenant utility reimbursements from real estate operating expenses to rental and other revenues from real estate properties.</font></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:left;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>

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