$CIO
City Office REIT, Inc. Stock $cio

$cio Overview Financials Valuation SEC Filings Company Website

2016 Q1 Form 10-K Financial Statement

#000119312516492056 Filed on March 04, 2016

Income Statement

Concept	2016 Q1	2014 Q4	2014 Q3
Revenue	$16.27M	$10.53M	$9.998M
YoY Change	44.54%	79.52%	46.34%
Cost Of Revenue	$6.270M	$6.680M	$3.230M
YoY Change	40.9%	64.53%	64.8%
Gross Profit	$10.01M	$3.840M	$6.760M
YoY Change	46.99%	113.33%	38.81%
Gross Profit Margin	61.51%	36.47%	67.61%
Selling, General & Admin	$8.290M	-$860.0K	$1.540M
YoY Change	910.98%	-15.69%	234.78%
% of Gross Profit	82.82%	-22.4%	22.78%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$6.550M	$4.100M	$4.050M
YoY Change	48.53%	62.06%	60.08%
% of Gross Profit	65.43%	106.77%	59.91%
Operating Expenses	$21.10M	$2.750M	$9.403M
YoY Change	113.58%	141.23%	199.46%
Operating Profit	-$4.828M	$1.090M	$595.4K
YoY Change	-450.11%	65.15%	-65.58%
Interest Expense	$3.961M	-$2.190M	$1.867M
YoY Change	81.86%	44.08%	-218.16%
% of Operating Profit		-200.92%	313.55%
Other Income/Expense, Net
YoY Change
Pretax Income	-$8.800M	-$1.670M	-$2.370M
YoY Change	1000.0%	-41.2%	-1581.25%
Income Tax
% Of Pretax Income
Net Earnings	-$7.119M	-$1.673M	-$2.374M
YoY Change	858.14%	-41.03%	-1602.45%
Net Earnings / Revenue	-43.74%	-15.89%	-23.74%
Basic Earnings Per Share
Diluted Earnings Per Share	-$380.5K	-$136.8K	-$216.1K
COMMON SHARES
Basic Shares Outstanding	12.84M shares	8.193M shares	6.582M shares
Diluted Shares Outstanding

Balance Sheet

Concept	2016 Q1	2014 Q4	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$8.200M	$34.90M	$8.900M
YoY Change	-65.83%	391.55%	17.11%
Cash & Equivalents	$8.198M	$34.86M	$8.855M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$15.80M	$7.981M	$7.372M
Other Receivables
Total Short-Term Assets	$24.00M	$42.90M	$16.30M
YoY Change	-27.93%	263.56%	36.97%
LONG-TERM ASSETS
Property, Plant & Equipment	$355.6M	$211.8M	$189.8M
YoY Change	62.08%	111.59%	91.14%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$0.00	$0.00
YoY Change		-100.0%	-100.0%
Other Assets	$20.00M	$16.60M	$18.60M
YoY Change	33.33%	30.71%	82.35%
Total Long-Term Assets	$415.1M	$258.6M	$235.9M
YoY Change	57.64%	-2291.76%	81.16%
TOTAL ASSETS
Total Short-Term Assets	$24.00M	$42.90M	$16.30M
Total Long-Term Assets	$415.1M	$258.6M	$235.9M
Total Assets	$439.1M	$301.5M	$252.2M
YoY Change	48.03%	30150500.0%	77.46%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$13.20M	$4.100M	$4.200M
YoY Change	238.46%	78.26%	50.0%
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	$13.20M	$4.100M	$4.200M
YoY Change	238.46%	78.26%	50.0%
LONG-TERM LIABILITIES
Long-Term Debt	$345.1M	$189.9M	$179.6M
YoY Change	81.92%	72.79%	64.92%
Other Long-Term Liabilities	$13.90M	$16.30M	$15.80M
YoY Change	-12.03%	443.33%	338.89%
Total Long-Term Liabilities	$359.0M	$206.2M	$195.4M
YoY Change	74.7%	82.64%	73.69%
TOTAL LIABILITIES
Total Short-Term Liabilities	$13.20M	$4.100M	$4.200M
Total Long-Term Liabilities	$359.0M	$206.2M	$195.4M
Total Liabilities	$372.2M	$210.3M	$199.6M
YoY Change	77.71%	80.65%	71.51%
SHAREHOLDERS EQUITY
Retained Earnings	-$41.66M	-$11.32M	-$7.136M
YoY Change	166.47%
Common Stock	$100.3M	$91.43M	$81.93K
YoY Change	9.19%	914309900.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$58.62M	$80.11M	$38.45M
YoY Change
Total Liabilities & Shareholders Equity	$439.1M	$301.5M	$252.2M
YoY Change	48.03%	110.84%	77.46%

Cashflow Statement

Concept	2016 Q1	2014 Q4	2014 Q3
OPERATING ACTIVITIES
Net Income	-$7.119M	-$1.673M	-$2.374M
YoY Change	858.14%	-41.03%	-1602.45%
Depreciation, Depletion And Amortization	$6.550M	$4.100M	$4.050M
YoY Change	48.53%	62.06%	60.08%
Cash From Operating Activities	$4.330M	$1.810M	$3.100M
YoY Change	62.17%	110.47%	-36.48%
INVESTING ACTIVITIES
Capital Expenditures	-$4.360M	-$28.63M	-$25.95M
YoY Change	-60.04%	1324.38%	4705.56%
Acquisitions
YoY Change
Other Investing Activities	-$160.0K	-$290.0K	-$140.0K
YoY Change	-71.93%	-293.33%	-187.5%
Cash From Investing Activities	-$4.520M	-$28.92M	-$26.09M
YoY Change	-60.63%	1454.84%	6765.79%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	250.0K	53.13M	21.66M
YoY Change	-112.08%	9221.05%	7120.0%
NET CHANGE
Cash From Operating Activities	4.330M	1.810M	3.100M
Cash From Investing Activities	-4.520M	-28.92M	-26.09M
Cash From Financing Activities	250.0K	53.13M	21.66M
Net Change In Cash	60.00K	26.02M	-1.330M
YoY Change	-100.55%	-6151.16%	-127.71%
FREE CASH FLOW
Cash From Operating Activities	$4.330M	$1.810M	$3.100M
Capital Expenditures	-$4.360M	-$28.63M	-$25.95M
Free Cash Flow	$8.690M	$30.44M	$29.05M
YoY Change	-36.01%	960.63%	435.98%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q2	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	12.50
CY2014Q2	cio	Number Of Properties Refinanced NumberOfPropertiesRefinanced	3	Property
CY2016Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	12835098	shares
CY2015Q2	dei	Entity Public Float EntityPublicFloat	130500000
CY2013Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	7735000
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities	1234000
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	71314000
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	14619000
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	16504000
CY2013Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	225000
CY2013Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	107862000
CY2013Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements	36580000
CY2013Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantImprovements	4626000
CY2013Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Deferred Leasing Costs BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedDeferredLeasingCosts	12000
CY2013Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleLiabilities	18000
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	12279110	shares
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Business Acquisition Percentage Of Voting Interests Acquired BusinessAcquisitionPercentageOfVotingInterestsAcquired	0.808	pure
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	12279110	shares
CY2014Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	746000
CY2014Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	91308000
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	80111000
CY2014Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	15311000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities	3230000
CY2014Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	488000
CY2014Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3571000
CY2014Q4	us-gaap	Deferred Rent Credit DeferredRentCredit	2212000
CY2014Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	16802000
CY2014Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	1862000
CY2014Q4	us-gaap	Long Term Debt LongTermDebt	189940000
CY2014Q4	us-gaap	Loans Payable Fair Value Disclosure LoansPayableFairValueDisclosure	192500000
CY2014Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	15311000
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-11320000
CY2014Q4	us-gaap	Liabilities Liabilities	210271000
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	301506000
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	123000
CY2014Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	91235000
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	4080000
CY2014Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	8000000
CY2014Q4	us-gaap	Partners Capital Attributable To Noncontrolling Interest PartnersCapitalAttributableToNoncontrollingInterest	-754000
CY2014Q4	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	1496605
CY2014Q4	us-gaap	Secured Debt SecuredDebt	189940000
CY2014Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	11878000
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	211828000
CY2014Q4	us-gaap	Assets Assets	301506000
CY2014Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	2901000
CY2014Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	7981000
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	11093000
CY2014Q4	us-gaap	Derivative Instruments In Hedges At Fair Value Net DerivativeInstrumentsInHedgesAtFairValueNet	0
CY2014Q4	us-gaap	Land Land	66204000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	134376000
CY2014Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	198000
CY2014Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	46193000
CY2014Q4	us-gaap	Tenant Improvements TenantImprovements	27773000
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	832000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	22927000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	36039000
CY2014Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	29391000
CY2014Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	136000
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	34862000
CY2014Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	227139000
CY2014Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	258000
CY2014Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	2618000
CY2014Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	227139000
CY2014Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	132964000
CY2014Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements	68196000
CY2014Q4	cio	Accumulated Amortization Of Intangible Lease Liabilities AccumulatedAmortizationOfIntangibleLeaseLiabilities	278000
CY2014Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantImprovements	10885000
CY2014Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Lease Intangible Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseIntangibleLiabilities	577000
CY2014Q4	cio	Intangible Lease Liabilities Gross IntangibleLeaseLiabilitiesGross	884000
CY2014Q4	cio	Percentage Of Outstanding Operating Partnership Units PercentageOfOutstandingOperatingPartnershipUnits	0.192	pure
CY2014Q4	cio	Minority Interest In Properties MinorityInterestInProperties	-754000
CY2014Q4	cio	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	606000
CY2014Q4	cio	Below Market Ground Lease Gross BelowMarketGroundLeaseGross	138000
CY2014Q4	cio	Below Market Ground Lease Accumulated Amortization BelowMarketGroundLeaseAccumulatedAmortization	20000
CY2014Q4	cio	Below Market Ground Lease Net BelowMarketGroundLeaseNet	118000
CY2015Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2015Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	12517777	shares
CY2015Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q4	us-gaap	Business Acquisition Percentage Of Voting Interests Acquired BusinessAcquisitionPercentageOfVotingInterestsAcquired	0.803	pure
CY2015Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	12517777	shares
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	16034000
CY2015Q4	us-gaap	Below Market Lease Gross BelowMarketLeaseGross	2928000
CY2015Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	95318000
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	3036000
CY2015Q4	us-gaap	Stockholders Equity StockholdersEquity	65845000
CY2015Q4	us-gaap	Real Estate Accumulated Depreciation RealEstateAccumulatedDepreciation	26909000
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentLiabilities	2010000
CY2015Q4	us-gaap	Below Market Lease Net BelowMarketLeaseNet	2178000
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	85161000
CY2015Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	3663000
CY2015Q4	us-gaap	Deferred Rent Credit DeferredRentCredit	2653000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	26634000
CY2015Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2178000
CY2015Q4	us-gaap	Real Estate And Accumulated Depreciation Amount Of Encumbrances RealEstateAndAccumulatedDepreciationAmountOfEncumbrances	281753000
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	26629000
CY2015Q4	us-gaap	Long Term Debt LongTermDebt	344671000
CY2015Q4	us-gaap	Loans Payable Fair Value Disclosure LoansPayableFairValueDisclosure	285900000
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	209894000
CY2015Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	26909000
CY2015Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-29598000
CY2015Q4	us-gaap	Liabilities Liabilities	369880000
CY2015Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	443600000
CY2015Q4	us-gaap	Common Stock Value CommonStockValue	125000
CY2015Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2015Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	73720000
CY2015Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	8745000
CY2015Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	3917000
CY2015Q4	us-gaap	Business Combination Contingent Consideration Liability BusinessCombinationContingentConsiderationLiability	5678000
CY2015Q4	us-gaap	Partners Capital Attributable To Noncontrolling Interest PartnersCapitalAttributableToNoncontrollingInterest	-675000
CY2015Q4	us-gaap	Deferred Costs Leasing Accumulated Amortization DeferredCostsLeasingAccumulatedAmortization	2257551
CY2015Q4	us-gaap	Secured Debt SecuredDebt	344671000
CY2015Q4	us-gaap	Minority Interest In Operating Partnerships MinorityInterestInOperatingPartnerships	8550000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Four Years OperatingLeasesFutureMinimumPaymentsReceivableInFourYears	38224000
CY2015Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	354880000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	353830000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	51421000
CY2015Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements	291584000
CY2015Q4	us-gaap	Assets Assets	443600000
CY2015Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	3393000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Three FiniteLivedIntangibleAssetsAmortizationExpenseYearThree	5469000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Two FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo	8473000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	44135000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	52702000
CY2015Q4	us-gaap	Accounts Receivable Net Current AccountsReceivableNetCurrent	14382000
CY2015Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	15176000
CY2015Q4	us-gaap	Derivative Instruments In Hedges At Fair Value Net DerivativeInstrumentsInHedgesAtFairValueNet	0
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Next Twelve Months FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths	11195000
CY2015Q4	us-gaap	Real Estate And Accumulated Depreciation Carrying Amount Of Land RealEstateAndAccumulatedDepreciationCarryingAmountOfLand	90205000
CY2015Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Land RealEstateAndAccumulatedDepreciationInitialCostOfLand	90205000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Five Years OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears	34882000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense After Year Five FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive	6302000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Five FiniteLivedIntangibleAssetsAmortizationExpenseYearFive	3218000
CY2015Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Thereafter OperatingLeasesFutureMinimumPaymentsReceivableThereafter	132466000
CY2015Q4	us-gaap	Land Land	90205000
CY2015Q4	us-gaap	Real Estate Federal Income Tax Basis RealEstateFederalIncomeTaxBasis	445353000
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet	166788000
CY2015Q4	us-gaap	Furniture And Fixtures Gross FurnitureAndFixturesGross	198000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	67624000
CY2015Q4	us-gaap	Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements	271582000
CY2015Q4	us-gaap	Tenant Improvements TenantImprovements	35069000
CY2015Q4	us-gaap	Billed Contract Receivables BilledContractReceivables	588000
CY2015Q4	us-gaap	Deferred Rent Receivables Net DeferredRentReceivablesNet	13794000
CY2015Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	1567000
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill	21707000
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand	24002000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	40990000
CY2015Q4	us-gaap	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Prepaid Expense And Other Assets BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsPrepaidExpenseAndOtherAssets	88000
CY2015Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8138000
CY2015Q4	us-gaap	Finite Lived Intangible Assets Amortization Expense Year Four FiniteLivedIntangibleAssetsAmortizationExpenseYearFour	4041000
CY2015Q4	us-gaap	Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Improvements RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionImprovements	20002000
CY2015Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	381789000
CY2015Q4	us-gaap	Below Market Lease Accumulated Amortization BelowMarketLeaseAccumulatedAmortization	750000
CY2015Q4	us-gaap	Deferred Costs Leasing Net DeferredCostsLeasingNet	5074000
CY2015Q4	us-gaap	Real Estate Gross At Carrying Value RealEstateGrossAtCarryingValue	381789000
CY2015Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	256317000
CY2015Q4	cio	Additional Area Occupied Under Operating Lease AdditionalAreaOccupiedUnderOperatingLease	3000	sqft
CY2015Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings And Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingsAndImprovements	120365000
CY2015Q4	cio	Accumulated Amortization Of Intangible Lease Liabilities AccumulatedAmortizationOfIntangibleLeaseLiabilities	774000
CY2015Q4	cio	Finite Lived Intangible Assets Amortization Expected To Be Recognized Net FiniteLivedIntangibleAssetsAmortizationExpectedToBeRecognizedNet	38698000
CY2015Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Tenant Improvements BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedTenantImprovements	4817000
CY2015Q4	cio	Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Lease Intangible Liabilities BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLeaseIntangibleLiabilities	2181000
CY2015Q4	cio	Intangible Lease Liabilities Gross IntangibleLeaseLiabilitiesGross	3066000
CY2015Q4	cio	Percentage Of Outstanding Operating Partnership Units PercentageOfOutstandingOperatingPartnershipUnits	0.197	pure
CY2015Q4	cio	Minority Interest In Properties MinorityInterestInProperties	-675000
CY2015Q4	cio	Intangible Lease Liabilities Net IntangibleLeaseLiabilitiesNet	2292000
CY2015Q4	cio	Below Market Ground Lease Gross BelowMarketGroundLeaseGross	138000
CY2015Q4	cio	Below Market Ground Lease Accumulated Amortization BelowMarketGroundLeaseAccumulatedAmortization	24000
CY2015Q4	cio	Below Market Ground Lease Net BelowMarketGroundLeaseNet	114000
CY2014Q2	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	5800000	shares
CY2014Q2	us-gaap	Payments To Acquire Businesses Gross PaymentsToAcquireBusinessesGross	19400000
CY2014Q2	us-gaap	Payments For Underwriting Expense PaymentsForUnderwritingExpense	5100000
CY2014Q2	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	63400000
CY2014Q2	cio	Gross Proceeds From Issuance Of Common Stock In Underwritten Public Offer GrossProceedsFromIssuanceOfCommonStockInUnderwrittenPublicOffer	72500000
CY2014Q2	cio	Other Expenses Related To Initial Public Offering OtherExpensesRelatedToInitialPublicOffering	4000000
CY2014Q4	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	2915709	shares
CY2015Q4	us-gaap	Weighted Average Number Of Limited Partnership And General Partnership Unit Outstanding Basic And Diluted WeightedAverageNumberOfLimitedPartnershipAndGeneralPartnershipUnitOutstandingBasicAndDiluted	3070405	shares
CY2015Q3	cio	Payments For Earn Out PaymentsForEarnOut	3200000
	us-gaap	Other Income OtherIncome	448000
	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-5010000
	us-gaap	Revenues Revenues	27133000
	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	1091000
	us-gaap	Profit Loss ProfitLoss	-6854000
	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	24371000
	us-gaap	Interest Income Expense Net InterestIncomeExpenseNet	-7180000
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	72471000
	us-gaap	Operating Income Loss OperatingIncomeLoss	1374000
	us-gaap	Tenant Reimbursements TenantReimbursements	2314000
	us-gaap	Share Based Compensation ShareBasedCompensation	1091000
	us-gaap	Operating Expenses OperatingExpenses	25759000
	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	-1048000
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1327000
	us-gaap	Management Fee Expense ManagementFeeExpense	682000
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1235000
	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	171000
	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-1955000
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	10867000
	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	10557000
	us-gaap	Dividends Common Stock DividendsCommonStock	8355000
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	111000
	cio	Effect Of Formation Transaction EffectOfFormationTransaction	-42620000
CY2014Q3	cio	Payments For Earn Out PaymentsForEarnOut	3200000
CY2013	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2014	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	2915709	shares
CY2014	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	7576000
CY2014	us-gaap	Real Estate Improvements RealEstateImprovements	4156000
CY2014	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	115121000
CY2014	cio	Aggregate Cash Distributions Paid AggregateCashDistributionsPaid	3700000
CY2015	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2015	us-gaap	Nature Of Operations NatureOfOperations	<div> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <b>1. Organization and Description of Business</b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> City Office REIT, Inc. (the “Company”) was organized in the state of Maryland on November 26, 2013. On April 21, 2014, the Company completed its initial public offering (“IPO”) of shares of the Company’s common stock. The Company contributed the net proceeds of the IPO to City Office REIT Operating Partnership, L.P., a Maryland limited partnership (the “Operating Partnership”), in exchange for common units in the Operating Partnership. Both the Company and the Operating Partnership commenced operations upon completion of the IPO and certain related formation transactions (the “Formation Transactions”).</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company’s interest in the Operating Partnership entitles the Company to share in distributions from, and allocations of profits and losses of, the Operating Partnership in proportion to the Company’s percentage ownership of common units. As the sole general partner of the Operating Partnership, the Company has the exclusive power under the partnership agreement to manage and conduct the Operating Partnership’s business, subject to limited approval and voting rights of the limited partners.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> City Office REIT, Inc. Predecessor (the “Predecessor”) represents the combination of the six properties outlined below (the “Properties”). The Predecessor does not represent a legal entity. The Predecessor and its related assets and liabilities are under common control and were contributed to a newly formed Operating Partnership in connection with the IPO of the Company on April 21, 2014.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The historical financial results in these financial statements for periods prior to April 21, 2014 relate to the Predecessor. The Predecessor is comprised of the following properties:</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left"><b>City Center</b>: Property in St. Petersburg, Florida, acquired in December 2010.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left"><b>Central Fairwinds</b>: Property in Orlando, Florida, acquired in May 2012.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left"><b>AmberGlen</b>: Property in Portland, Oregon, acquired in December 2009.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left"><b>Washington Group Plaza</b>: Property in downtown Boise, Idaho, acquired in June 2013.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left"><b>Corporate Parkway</b>: Property in Allentown, Pennsylvania, acquired in May 2013.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 6pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" border="0"> <tr> <td width="5%"> </td> <td valign="top" width="2%" align="left">•</td> <td valign="top" width="1%"> </td> <td valign="top" align="left"><b>Cherry Creek</b>: Property in Denver, Colorado, acquired in January 2014.</td> </tr> </table> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company has elected to be taxed and to continue to operate in a manner that will allow it to continue to qualify as a real estate investment trust (“REIT”). Subject to qualification as a REIT, the Company will be permitted to deduct dividend distributions paid to its stockholders, eliminating the U.S. federal taxation of income represented by such distributions at the Company level. REITs are subject to a number of organizational and operational requirements. If the Company fails to qualify as a REIT in any taxable year, the Company will be subject to U.S. federal and state income tax on its taxable income at regular corporate tax rates and any applicable alternative minimum tax.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Pursuant to the Jumpstart Our Business Startups Act (the “JOBS Act”), the Company qualifies as an emerging growth company (“EGC”). An EGC may choose to take advantage of the extended private company transition period provided for complying with new or revised accounting standards that may be issued by the Financial Accounting Standards Board (“FASB”) or the Securities and Exchange Commission (the “SEC”). The Company has elected to opt out of such extended transition period. This election is irrevocable.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 18pt"> <b><i>Initial Public Offering and Formation Transactions</i></b></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 6pt; TEXT-INDENT: 4%"> The Company’s operations are carried on primarily through the Operating Partnership and wholly owned subsidiaries of the Operating Partnership. Both the Company and the Operating Partnership commenced operations upon completion of the IPO and certain related Formation Transactions.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px">  </p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> On April 21, 2014, the Company closed the IPO, pursuant to which it sold 5,800,000 shares of common stock to the public at a public offering price of $12.50 per share. The Company raised $72.5 million in gross proceeds, resulting in net proceeds to us of approximately $63.4 million after deducting approximately $5.1 million in underwriting discounts and approximately $4.0 million in other expenses relating to the IPO. On May 9, 2014, the underwriters of the IPO exercised their overallotment option to purchase an additional 782,150 shares of the Company’s common stock at the IPO price of $12.50 a share resulting in additional gross proceeds of approximately $9.8 million. The net proceeds to the Company were $9.1 million after deducting approximately $0.7 million in underwriting discounts. The Company’s common stock began trading on the New York Stock Exchange under the symbol “CIO” on April 15, 2014.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> The Company contributed the net proceeds of the IPO to the Operating Partnership in exchange for common units in the Operating Partnership. The Operating Partnership utilized a portion of the net proceeds of the IPO to pay fees in connection with the assumption of the indebtedness, pay expenses incurred in connection with the IPO and Formation Transactions and repay loans that were made to several of the contributing entities by certain investors in such entities. The remaining funds were used for general working capital purposes and to fund acquisitions.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> Pursuant to the Formation Transactions and exercise of the underwriters’ overallotment option, the Operating Partnership acquired a 100% interest in each of the Washington Group Plaza, Cherry Creek and Corporate Parkway properties and acquired an approximate 76% economic interest in the AmberGlen property, 90% interest in the Central Fairwinds property and 95% interest in the City Center property. These initial property interests were contributed in exchange for 3,731,209 common units, 1,858,860 common stock and $19.4 million of cash. On May 9, 2014, subsequent to the exercise of the underwriters’ overallotment option, 479,305 common units and 248,095 common stock were redeemed for $9.1 million in cash.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt; TEXT-INDENT: 4%"> In connection with the IPO and Formation Transactions, the Company, through its Operating Partnership, extinguished the loan on the Central Fairwinds property and completed a refinancing of three properties (Cherry Creek, City Center and Corporate Parkway) with a new $95 million non-recourse mortgage loan and proceeds from the IPO. The loan bears a fixed interest rate of 4.34% and matures on May 6, 2021.</p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 1px; MARGIN-TOP: 12px">  </p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 0pt; TEXT-INDENT: 4%"> The following is a summary of the Predecessor Statements of Operations for the period from January 1, 2014 through April 20, 2014, and the Company’s Statement of Operations for the period from April 21, 2014 through December 31, 2014. These amounts are included in the consolidated and combined statement of operations herein for the year ended December 31, 2014. All balances as of December 31, 2013 are those of the Predecessor.</p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-TOP: 12pt"> <i>(in thousands)</i></p> <p style="MARGIN-BOTTOM: 0pt; FONT-SIZE: 12pt; MARGIN-TOP: 0pt">  </p> <table style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="92%" align="center" border="0"> <tr> <td width="92%"></td> <td valign="bottom" width="2%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="1%"></td> <td></td> <td></td> <td></td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>Predecessor</b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"> <b>City Office REIT, Inc.</b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 8pt; FONT-FAMILY: Times New Roman"> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"><b>January 1, 2014<br /> through April 20,<br /> 2014</b></td> <td valign="bottom"> </td> <td valign="bottom">  </td> <td style="BORDER-BOTTOM: #000000 1pt solid" valign="bottom" colspan="2" align="center"> <b>April 21, 2014 through<br /> December 31, 2014</b></td> <td valign="bottom"> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b>Revenues:</b></p> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Rental income</p> </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">8,865</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom">$</td> <td valign="bottom" align="right">24,371</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Expense reimbursement</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">555</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">2,314</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Other</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">343</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">448</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 5em; TEXT-INDENT: -1em"> <b>Total Revenues</b></p> </td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>9,763</b></td> <td valign="bottom" nowrap="nowrap"><b>  </b></td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>27,133</b></td> <td valign="bottom" nowrap="nowrap"><b>  </b></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b>Operating Expenses</b>:</p> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Property operating expenses</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,775</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10,557</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Acquisition costs</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">806</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,327</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Stock-based compensation</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right"> —  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,091</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> General and administrative</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">79</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,235</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Base management fees</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right"> —  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">682</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Depreciation and amortization</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">3,862</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">10,867</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 5em; TEXT-INDENT: -1em"> <b>Total Operating Expenses</b></p> </td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>8,522</b></td> <td valign="bottom" nowrap="nowrap"><b>  </b></td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>25,759</b></td> <td valign="bottom" nowrap="nowrap"><b>  </b></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Operating income</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,241</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,374</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Interest expense, net</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(3,772</td> <td valign="bottom" nowrap="nowrap">) </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(7,180</td> <td valign="bottom" nowrap="nowrap">) </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Change in fair value of earn-out</p> </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right"> —  </td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(1,048</td> <td valign="bottom" nowrap="nowrap">) </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> Gain on equity investment</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">4,475</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right"> —  </td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 1em; TEXT-INDENT: -1em"> <b>Net income / (loss)</b></p> </td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>1,944</b></td> <td valign="bottom" nowrap="nowrap"><b>  </b></td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>(6,854</b></td> <td valign="bottom" nowrap="nowrap"><b>) </b></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Net loss / (income) attributable to non-controlling interests in properties</p> </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">29</td> <td valign="bottom" nowrap="nowrap">  </td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">(111</td> <td valign="bottom" nowrap="nowrap">) </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Net income attributable to Predecessor</p> </td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>1,973</b></td> <td valign="bottom" nowrap="nowrap"><b>  </b></td> <td valign="bottom">  </td> <td valign="bottom" nowrap="nowrap"> </td> <td valign="bottom" nowrap="nowrap" align="right"> —  </td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" bgcolor="#CCEEFF"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> Net loss attributable to Operating Partnership unitholders’ non-controlling interests</p> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> </td> <td valign="bottom" align="right">1,955</td> <td valign="bottom" nowrap="nowrap">  </td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 1px solid"> </p> </td> <td> </td> </tr> <tr style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman"> <td valign="top"> <p style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman; MARGIN-LEFT: 3em; TEXT-INDENT: -1em"> <b>Net loss attributable to stockholders</b></p> </td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"><b> </b></td> <td valign="bottom" align="right"><b>(5,010</b></td> <td valign="bottom" nowrap="nowrap"><b>) </b></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">  </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double"> </p> </td> <td> </td> </tr> </table> </div>
CY2015	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	14163000
CY2015	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	5800000	shares
CY2015	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2015
CY2015	dei	Amendment Flag AmendmentFlag	false
CY2015	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2015	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2015	dei	Entity Registrant Name EntityRegistrantName	City Office REIT, Inc.
CY2015	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.53
CY2015	us-gaap	Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount	3070405	shares
CY2015	dei	Document Type DocumentType	10-K
CY2015	dei	Entity Central Index Key EntityCentralIndexKey	0001593222
CY2015	dei	Entity Incorporation Date Of Incorporation EntityIncorporationDateOfIncorporation	2013-11-26
CY2015	dei	Entity Filer Category EntityFilerCategory	Accelerated Filer
CY2015	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div> <p style="margin-top:18pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b><i>Concentration of Credit Risk</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> The Company places its temporary cash investments in high credit financial institutions. However, a portion of temporary cash investments may exceed FDIC insured levels from time to time. The Company has never experienced any losses related to these balances.</p> </div>
CY2015	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.940
CY2015	us-gaap	Units Of Partnership Interest Description UnitsOfPartnershipInterestDescription	Beginning on or after the date which is 12 months after the later of the completion of the initial public offering or the date on which a person first became a holder of common units, each limited partner and assignees of limited partners will have the right, subject to the terms and conditions set forth in the partnership agreement, to require the Operating Partnership to redeem all or a portion of the common units held by such limited partner or assignee in exchange for a cash amount per common unit equal to the value of one share of common stock, determined in accordance with and subject to adjustment under the partnership agreement. The Company has the sole option at its discretion to redeem the common units by issuing common stock on a one-for-one basis.
CY2015	us-gaap	Fair Value Inputs Discount Rate FairValueInputsDiscountRate	0.08	pure
CY2015	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2015	us-gaap	Operations Commenced Date1 OperationsCommencedDate1	2014-04-21
CY2015	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2015	dei	Document Period End Date DocumentPeriodEndDate	2015-12-31
CY2015	us-gaap	Use Of Estimates UseOfEstimates	<div> <p style="margin-top:0pt; margin-bottom:0pt; font-size:10pt; font-family:Times New Roman"> <b><i>Use of Estimates</i></b></p> <p style="margin-top:6pt; margin-bottom:0pt; text-indent:4%; font-size:10pt; font-family:Times New Roman"> 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, the disclosure of contingent assets and liabilities as of the date of the consolidated and combined financial statements and the reported amounts of revenues and expenses during the period. Significant items subject to such estimates and assumptions include allocation of the purchase price of acquired real estate properties among tangible and intangible assets, determination of the useful life of real estate properties and other long lived assets and the valuation of the earn-out liability on the Central Fairwinds property. Such estimates are based on management’s best judgment, after considering past, current and expected events and economic conditions. Actual results could differ from management’s estimates.</p> </div>
CY2015	dei	Trading Symbol TradingSymbol	CIO
CY2015	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	12409000	shares
CY2015	us-gaap	Other Income OtherIncome	1235000
CY2015	us-gaap	Net Income Loss NetIncomeLoss	-6591000
CY2015	us-gaap	Revenues Revenues	55052000
CY2015	us-gaap	Interest Paid InterestPaid	10030000
CY2015	us-gaap	Stock Issued During Period Value Restricted Stock Award Gross StockIssuedDuringPeriodValueRestrictedStockAwardGross	1907000
CY2015	us-gaap	Profit Loss ProfitLoss	-7667000
CY2015	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	14404000
CY2015	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	48009000
CY2015	us-gaap	Operating Income Loss OperatingIncomeLoss	4527000
CY2015	us-gaap	Increase Decrease In Deferred Leasing Fees IncreaseDecreaseInDeferredLeasingFees	3217000
CY2015	us-gaap	Payments Of Debt Extinguishment Costs PaymentsOfDebtExtinguishmentCosts	1239000
CY2015	us-gaap	Increase Decrease In Accounts Receivable IncreaseDecreaseInAccountsReceivable	4506000
CY2015	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	4083000
CY2015	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	1082000
CY2015	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Unrealized Gains Included In Earnings FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnobservableInputUnrealizedGainsIncludedInEarnings	100000
CY2015	us-gaap	Tenant Reimbursements TenantReimbursements	5808000
CY2015	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	166788000
CY2015	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	65759000
CY2015	us-gaap	Straight Line Rent StraightLineRent	1895000
CY2015	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	421000
CY2015	us-gaap	Increase Decrease In Prepaid Expenses Other IncreaseDecreaseInPrepaidExpensesOther	648000
CY2015	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	5466000
CY2015	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	8025000
CY2015	us-gaap	Share Based Compensation ShareBasedCompensation	1907000
CY2015	us-gaap	Amortization Of Above And Below Market Leases AmortizationOfAboveAndBelowMarketLeases	349000
CY2015	us-gaap	Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense	11598000
CY2015	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	440000
CY2015	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-26724000
CY2015	us-gaap	Operating Expenses OperatingExpenses	50525000
CY2015	us-gaap	Proceeds From Issuance Of Secured Debt ProceedsFromIssuanceOfSecuredDebt	105813000
CY2015	us-gaap	Interest Expense InterestExpense	11353000
CY2015	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-175471000
CY2015	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	134584000
CY2015	us-gaap	Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1 BusinessCombinationContingentConsiderationArrangementsChangeInAmountOfContingentConsiderationLiability1	841000
CY2015	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	2959000
CY2015	us-gaap	Management Fee Expense ManagementFeeExpense	1302000
CY2015	us-gaap	Fair Value Investments Entities That Calculate Net Asset Value Per Share Unobservable Input Unrealized Losses Included In Earnings FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareUnobservableInputUnrealizedLossesIncludedInEarnings	100000
CY2015	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	2988000
CY2015	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	1821000
CY2015	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	50000000
CY2015	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	746000
CY2015	us-gaap	Interest Expense Lessee Assets Under Capital Lease InterestExpenseLesseeAssetsUnderCapitalLease	10607000
CY2015	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	421000
CY2015	us-gaap	Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable	-1576000
CY2015	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	63400000
CY2015	us-gaap	Depreciation And Amortization DepreciationAndAmortization	21624000
CY2015	us-gaap	Real Estate Improvements RealEstateImprovements	5466000
CY2015	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	20420000
CY2015	us-gaap	Dividends Common Stock DividendsCommonStock	14497000
CY2015	us-gaap	Real Estate Other Acquisitions RealEstateOtherAcquisitions	149184000
CY2015	cio	Initial Public Offering Closure Date InitialPublicOfferingClosureDate	2014-04-21
CY2015	cio	Rent Per Square Foot RentPerSquareFoot	14
CY2015	cio	Aggregate Cash Distributions Paid AggregateCashDistributionsPaid	10800000
CY2015	cio	Payment Of Capital Distribution Declared PaymentOfCapitalDistributionDeclared	14500000
CY2015	cio	Percentage Of Dividend Amount Paid To Stockholders PercentageOfDividendAmountPaidToStockholders	0.90	pure
CY2015	cio	Operating Lease Space Occupied Percentage OperatingLeaseSpaceOccupiedPercentage	0.88	pure
CY2015	cio	Operating Expenses Per Square Foot OperatingExpensesPerSquareFoot	4
CY2015	cio	Payments For Earn Out PaymentsForEarnOut	3163000
CY2015	cio	Share Based Compensation Arrangement By Share Based Payment Award Maximum Number Of Shares ShareBasedCompensationArrangementByShareBasedPaymentAwardMaximumNumberOfShares	1263580	shares
CY2015	cio	Increase Decrease In Tenant Rent Deposits IncreaseDecreaseInTenantRentDeposits	-16000
CY2015	cio	Fair Value Investments Entities That Calculate Net Asset Value Per Share Change In Unobservable Input Percentage FairValueInvestmentsEntitiesThatCalculateNetAssetValuePerShareChangeInUnobservableInputPercentage	0.10	pure
CY2015	cio	External Advisor Acquisition Costs ExternalAdvisorAcquisitionCosts	492000
CY2015	cio	Net Income Loss Attributable To Noncontrolling Interest In Properties NetIncomeLossAttributableToNoncontrollingInterestInProperties	500000
CY2015	cio	Stock Issued During Period Value Earn Out StockIssuedDuringPeriodValueEarnOut	3163000
CY2015	cio	Business Acquisition Pro Forma Property Acquisition Costs Net BusinessAcquisitionProFormaPropertyAcquisitionCostsNet	2959000
CY2014Q1	us-gaap	Revenues Revenues	7976000
CY2014Q1	us-gaap	Profit Loss ProfitLoss	2204000
CY2015Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.06
CY2015Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-743000
CY2014Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1944000
CY2014Q2	us-gaap	Revenues Revenues	8393000
CY2015Q1	us-gaap	Revenues Revenues	11259000
CY2014Q2	us-gaap	Profit Loss ProfitLoss	-3067000
CY2014Q3	us-gaap	Profit Loss ProfitLoss	-2374000
CY2014Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1767000
CY2014Q3	us-gaap	Revenues Revenues	9998000
CY2015Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.20
CY2015Q1	us-gaap	Profit Loss ProfitLoss	-799000
CY2014Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.24
CY2015Q2	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.15
CY2015Q2	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1798000
CY2015Q2	us-gaap	Revenues Revenues	11634000
CY2015Q2	us-gaap	Profit Loss ProfitLoss	-2086000
CY2014Q3	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.22
CY2015Q3	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-2499000
CY2015Q3	us-gaap	Revenues Revenues	14616000
CY2015Q3	us-gaap	Profit Loss ProfitLoss	-2984000
CY2014Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.14
CY2014Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1299000
CY2014Q4	us-gaap	Revenues Revenues	10529000
CY2014Q4	us-gaap	Profit Loss ProfitLoss	-1673000
CY2015Q4	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	-0.12
CY2015Q4	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	-1551000
CY2015Q4	us-gaap	Revenues Revenues	17543000
CY2015Q4	us-gaap	Profit Loss ProfitLoss	-1798000

Files In Submission

Name	View Source	Status
0001193125-16-492056-index-headers.html	Edgar Link	pending
0001193125-16-492056-index.html	Edgar Link	pending
0001193125-16-492056.txt	Edgar Link	pending
0001193125-16-492056-xbrl.zip	Edgar Link	pending
cio-20151231.xml	Edgar Link	completed
cio-20151231.xsd	Edgar Link	pending
cio-20151231_cal.xml	Edgar Link	unprocessable
cio-20151231_def.xml	Edgar Link	unprocessable
cio-20151231_lab.xml	Edgar Link	unprocessable
cio-20151231_pre.xml	Edgar Link	unprocessable
d119784d10k.htm	Edgar Link	pending
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FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
g119784g44x93.jpg	Edgar Link	pending
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$CIO
City Office REIT, Inc. Stock $cio

2016 Q1 Form 10-K Financial Statement

#000119312516492056 Filed on March 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CIO City Office REIT, Inc. Stock $cio

2016 Q1 Form 10-K Financial Statement

#000119312516492056 Filed on March 04, 2016

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$CIO
City Office REIT, Inc. Stock $cio