2016 Q4 Form 10-Q Financial Statement
#000162828016021099 Filed on November 09, 2016
Income Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
Revenue | $64.62M | $64.33M | $68.46M |
YoY Change | -7.69% | -6.03% | 8.46% |
Cost Of Revenue | $37.78M | $40.22M | $41.76M |
YoY Change | -11.15% | -3.69% | 11.45% |
Gross Profit | $26.84M | $24.11M | $26.70M |
YoY Change | -2.36% | -9.7% | 4.09% |
Gross Profit Margin | 41.53% | 37.48% | 39.0% |
Selling, General & Admin | $1.680M | $2.280M | $2.270M |
YoY Change | -32.8% | 0.44% | 17.01% |
% of Gross Profit | 6.26% | 9.46% | 8.5% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $17.71M | $17.72M | $17.88M |
YoY Change | -0.45% | -0.89% | 1.19% |
% of Gross Profit | 65.98% | 73.5% | 66.97% |
Operating Expenses | $19.39M | $20.00M | $20.14M |
YoY Change | -4.44% | -0.7% | 2.65% |
Operating Profit | $7.450M | $4.110M | $6.560M |
YoY Change | 3.47% | -37.35% | 8.79% |
Interest Expense | -$10.00M | $10.28M | $5.781M |
YoY Change | 55.28% | 77.75% | -214.48% |
% of Operating Profit | -134.23% | 250.02% | 88.13% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$2.550M | $8.761M | $780.0K |
YoY Change | -166.23% | 1023.21% | -20.41% |
Income Tax | $610.0K | $379.0K | $179.0K |
% Of Pretax Income | 4.33% | 22.95% | |
Net Earnings | -$2.370M | $9.088M | $5.242M |
YoY Change | -120.71% | 73.37% | 22.19% |
Net Earnings / Revenue | -3.67% | 14.13% | 7.66% |
Basic Earnings Per Share | |||
Diluted Earnings Per Share | -$84.64K | $313.3K | $161.1K |
COMMON SHARES | |||
Basic Shares Outstanding | 84.05M shares | 87.05M shares | 97.59M shares |
Diluted Shares Outstanding | 84.05M shares | 87.05M shares | 97.59M shares |
Balance Sheet
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $144.4M | $133.8M | $32.70M |
YoY Change | 3.81% | 309.17% | 6.86% |
Cash & Equivalents | $144.4M | $133.8M | $38.72M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $13.10M | $10.60M | $12.90M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $157.5M | $144.4M | $45.60M |
YoY Change | 4.79% | 216.67% | 6.79% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.607B | $1.615B | $1.702B |
YoY Change | -5.01% | -5.09% | 0.05% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $148.5M | $188.3M | $313.5M |
YoY Change | 16.56% | -39.94% | 198.29% |
Total Long-Term Assets | $1.865B | $1.912B | $2.047B |
YoY Change | -3.93% | -6.61% | 0.5% |
TOTAL ASSETS | |||
Total Short-Term Assets | $157.5M | $144.4M | $45.60M |
Total Long-Term Assets | $1.865B | $1.912B | $2.047B |
Total Assets | $2.023B | $2.056B | $2.093B |
YoY Change | -3.31% | -1.74% | 0.63% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $39.20M | $42.10M | $32.10M |
YoY Change | -6.89% | 31.15% | 12.63% |
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 | $49.40M | $51.80M | $40.90M |
YoY Change | -4.26% | 26.65% | 7.63% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $967.9M | $969.2M | $664.1M |
YoY Change | 39.47% | 45.94% | 6.39% |
Other Long-Term Liabilities | $37.60M | $56.90M | $84.00M |
YoY Change | -23.58% | -32.26% | 139.32% |
Total Long-Term Liabilities | $1.006B | $1.026B | $748.1M |
YoY Change | 35.29% | 37.16% | 13.47% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $49.40M | $51.80M | $40.90M |
Total Long-Term Liabilities | $1.006B | $1.026B | $748.1M |
Total Liabilities | $1.055B | $1.078B | $789.9M |
YoY Change | 32.74% | 36.46% | 12.84% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$600.0M | -$579.2M | |
YoY Change | 15.02% | ||
Common Stock | $84.00K | $84.00K | |
YoY Change | -14.29% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $965.7M | $977.3M | $1.303B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.023B | $2.056B | $2.093B |
YoY Change | -3.31% | -1.74% | 0.63% |
Cashflow Statement
Concept | 2016 Q4 | 2016 Q3 | 2015 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$2.370M | $9.088M | $5.242M |
YoY Change | -120.71% | 73.37% | 22.19% |
Depreciation, Depletion And Amortization | $17.71M | $17.72M | $17.88M |
YoY Change | -0.45% | -0.89% | 1.19% |
Cash From Operating Activities | $2.170M | $31.88M | $19.74M |
YoY Change | -88.88% | 61.5% | 25.81% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$8.360M | -$8.930M | -$16.89M |
YoY Change | 22.94% | -47.13% | 168.52% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $45.55M | $78.30M | $12.87M |
YoY Change | -54.18% | 508.39% | 158.43% |
Cash From Investing Activities | $37.20M | $69.36M | -$4.010M |
YoY Change | -59.83% | -1829.68% | 206.11% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -4.690M | -20.91M | -5.540M |
YoY Change | -65.67% | 277.44% | 45.79% |
NET CHANGE | |||
Cash From Operating Activities | 2.170M | 31.88M | 19.74M |
Cash From Investing Activities | 37.20M | 69.36M | -4.010M |
Cash From Financing Activities | -4.690M | -20.91M | -5.540M |
Net Change In Cash | 34.68M | 80.33M | 10.19M |
YoY Change | -64.77% | 688.32% | -3.69% |
FREE CASH FLOW | |||
Cash From Operating Activities | $2.170M | $31.88M | $19.74M |
Capital Expenditures | -$8.360M | -$8.930M | -$16.89M |
Free Cash Flow | $10.53M | $40.81M | $36.63M |
YoY Change | -59.98% | 11.41% | 66.65% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
cmct |
Amortization And Accretion On Loans Receivable Net
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Additions To Investment In Real Estate Included In Other Assets
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Additions To Investment In Real Estate Included In Other Assets
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Capital Expenditures
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Decrease Increase In Cash From Discontinued Operations
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Decrease Increase In Cash From Discontinued Operations
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Deferred Rent Receivable And Charges Net
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|
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Deferred Rent Receivable And Charges Net
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Direct Costs Of Leased Rented And Other Property Operating
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Direct Costs Of Leased Rented And Other Property Operating
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Discontinued Operation Deferred Income Tax Expense Benefit
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Discontinued Operation Deferred Income Tax Expense Benefit
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Disposal Group Including Discontinued Operation New Mortgage Loans
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Financing Receivable Percent Current
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cmct |
Increase Decrease In Other Operating Assets Receivable Of Restricted Cash
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Interest And Other Operating Income
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Loan Receivable And Secured Borrowing Reduction From Repurchase Of Guaranteed Amount Of Loan
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Straight Line Rent Expense Below Market Ground Lease And Amortization Of Intangible Assets
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Tenant Improvements Obligations
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Unrealized Premium Adjustment
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Unrealized Premium Adjustment
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|
0.21875 | |
CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.21875 | |
CY2015Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2016Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2014Q2 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2015Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
97589598 | shares |
CY2016Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
84048081 | shares |
CY2015Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
97589598 | shares |
CY2016Q3 | us-gaap |
Cost Of Services Depreciation
CostOfServicesDepreciation
|
15402000 | USD |
CY2016Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
84048081 | shares |
CY2015Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
98000 | USD |
CY2016Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
84000 | USD |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-1070000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
6638000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
12360000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
29819000 | USD | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-1000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
5000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-3000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
9000 | USD | |
CY2015Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-1071000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
6643000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
12357000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
29828000 | USD | |
CY2015 | us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | |
us-gaap |
Concentration Risk Percentage1
ConcentrationRiskPercentage1
|
1.00 | ||
CY2015Q3 | us-gaap |
Cost Of Services Depreciation
CostOfServicesDepreciation
|
15228000 | USD |
us-gaap |
Cost Of Services Depreciation
CostOfServicesDepreciation
|
46571000 | USD | |
us-gaap |
Cost Of Services Depreciation
CostOfServicesDepreciation
|
47105000 | USD | |
CY2015Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
67680000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
203877000 | USD | |
CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
70498000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
206070000 | USD | |
CY2015Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
693956000 | USD |
CY2016Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
969189000 | USD |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
146000 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
626000 | USD | |
CY2015Q4 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
20612000 | USD |
CY2016Q3 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
25008000 | USD |
CY2015Q4 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
59225000 | USD |
CY2016Q3 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
65689000 | USD |
CY2015Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
10445000 | USD |
CY2016Q3 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
7117000 | USD |
CY2015Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
0 | USD |
CY2016Q3 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
1868000 | USD |
CY2015Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
58612000 | USD |
CY2016Q3 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
61990000 | USD |
CY2015Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
17873000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
54567000 | USD | |
CY2016Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
17724000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
54262000 | USD | |
CY2015Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
8126000 | USD |
CY2016Q3 | us-gaap |
Development In Process
DevelopmentInProcess
|
8276000 | USD |
CY2015Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
4640000 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
10540000 | USD | |
CY2016Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
703000 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
3061000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
64042000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
58930000 | USD | |
CY2015Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
9472000 | USD |
CY2016Q3 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
9664000 | USD |
CY2015Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.05 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.13 | ||
CY2016Q3 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.10 | |
us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
0.39 | ||
CY2015Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
20310000 | USD |
CY2016Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
18071000 | USD |
CY2015Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
9720000 | USD |
CY2016Q3 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
4729000 | USD |
CY2015Q3 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD | |
CY2016Q3 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
14927000 | USD |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
39666000 | USD | |
CY2015Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2029000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7250000 | USD | |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2226000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6299000 | USD | |
CY2015Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
CY2016Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
780000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
3069000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
8761000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
34905000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
601000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
2415000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
8382000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
33865000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.01 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.02 | ||
CY2016Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.10 | |
us-gaap |
Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
|
0.36 | ||
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
4640000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
10540000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
703000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
3061000 | USD | |
CY2015Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.05 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.11 | ||
CY2016Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.01 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.03 | ||
CY2015Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
179000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
654000 | USD | |
CY2016Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
379000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1040000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
705000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
500000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-1395000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-237000 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
6965000 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
8114000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-409000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
192000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1746000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
419000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1064000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1122000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
2546000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-181000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-189000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
33037000 | USD | |
CY2015Q3 | us-gaap |
Interest Expense
InterestExpense
|
5781000 | USD |
CY2016Q3 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
11945000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
17191000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
10276000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
24386000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
15983000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
22651000 | USD | |
CY2015Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
1506962000 | USD |
CY2016Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
1473469000 | USD |
CY2015Q4 | us-gaap |
Land
Land
|
363612000 | USD |
CY2016Q3 | us-gaap |
Land
Land
|
343564000 | USD |
CY2015Q4 | us-gaap |
Land Improvements
LandImprovements
|
26747000 | USD |
CY2016Q3 | us-gaap |
Land Improvements
LandImprovements
|
26177000 | USD |
CY2015Q4 | us-gaap |
Liabilities
Liabilities
|
794713000 | USD |
CY2016Q3 | us-gaap |
Liabilities
Liabilities
|
1077872000 | USD |
CY2015Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2092060000 | USD |
CY2016Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2056061000 | USD |
CY2015Q4 | us-gaap |
Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
|
10252000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
973872000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
936239000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
2706000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
2589000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
25333000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
5641000 | USD |
CY2016Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
1364000 | USD |
CY2015Q4 | us-gaap |
Minority Interest
MinorityInterest
|
937000 | USD |
CY2016Q3 | us-gaap |
Minority Interest
MinorityInterest
|
910000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
38000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
36000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-14629000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-72826000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-28329000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
16404000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
54739000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
50242000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
5242000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
12950000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9088000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
36917000 | USD | |
CY2015Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
5000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-3000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
9000 | USD | |
us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
0 | business | |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
130266000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
541000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
503000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
145037000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
160936000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
|
41225000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
364060000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
|
187000 | USD |
CY2015Q4 | us-gaap |
Other Assets
OtherAssets
|
102401000 | USD |
CY2016Q3 | us-gaap |
Other Assets
OtherAssets
|
89832000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-6312000 | USD | |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-7098000 | USD | |
CY2015Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-6312000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-6312000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
3272000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
607000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
749000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
127679000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
954830000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
114030000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
129542000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-7098000 | USD | |
CY2015Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
32826000 | USD |
CY2016Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
40791000 | USD |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-201000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
634000 | USD | |
us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
22187000 | USD | |
us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
27653000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-257000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-1101000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
289886000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
38000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
36000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
3442000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
1363000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
64042000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
58930000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
733000 | USD | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
27132000 | USD | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
51156000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
19819000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
27051000 | USD | |
CY2015Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
22577000 | USD |
CY2016Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
20439000 | USD |
us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
3212000 | USD | |
us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
3520000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
29319000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
9956000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
110000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
0 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
36926000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1061000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
-36000 | USD | |
CY2015Q3 | us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
2000 | USD |
us-gaap |
Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
|
67000 | USD | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
30152000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
0 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
94568000 | USD | |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2015Q3 | us-gaap |
Profit Loss
ProfitLoss
|
5241000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
12955000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
9085000 | USD |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
31979000 | USD | |
us-gaap |
Proceeds From Repayments Of First Mortgage Bond
ProceedsFromRepaymentsOfFirstMortgageBond
|
-76005000 | USD | |
us-gaap |
Proceeds From Repayments Of First Mortgage Bond
ProceedsFromRepaymentsOfFirstMortgageBond
|
388766000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
132000000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-107000000 | USD | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
21451000 | USD | |
CY2015Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
369661000 | USD |
CY2016Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
403902000 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2061372000 | USD |
CY2016Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2019317000 | USD |
CY2015Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1691711000 | USD |
CY2016Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1615415000 | USD |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
3212000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
13600000 | USD | |
CY2015Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
8086000 | USD |
CY2016Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
40039000 | USD |
CY2015Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-521620000 | USD |
CY2016Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-579206000 | USD |
CY2015Q3 | us-gaap |
Revenues
Revenues
|
68460000 | USD |
us-gaap |
Revenues
Revenues
|
206946000 | USD | |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
64332000 | USD |
us-gaap |
Revenues
Revenues
|
201309000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
1066000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
114000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
1066000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
114000 | USD | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
290134000 | USD | |
CY2015Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1296410000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
977279000 | USD |
CY2014Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1359816000 | USD |
CY2015Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1303555000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1297347000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
978189000 | USD |
CY2014Q2 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.2 | |
CY2015Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
146205000 | USD |
CY2015Q3 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
3336000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
9780000 | USD | |
CY2016Q3 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
3884000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
10128000 | USD | |
CY2015Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2016Q3 | us-gaap |
Tenant Improvements
TenantImprovements
|
163102000 | USD |
CY2015Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
97590000 | shares |
CY2016Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
97587000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
87045000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
93772000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
97590000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
97587000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
87045000 | shares |
us-gaap |
Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
|
93772000 | shares | |
CY2015Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
97590000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
97587000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
87045000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
93772000 | shares | |
us-gaap |
Fiscal Period
FiscalPeriod
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Interim Financial Information</font><font style="font-family:inherit;font-size:10pt;">—The accompanying interim consolidated financial statements of CIM Commercial have been prepared by our management in accordance with accounting principles generally accepted in the United States of America ("GAAP"). Certain information and note disclosures required for annual financial statements have been condensed or excluded pursuant to SEC rules and regulations. Accordingly, the interim consolidated financial statements do not include all of the information and notes required by GAAP for complete financial statements. The accompanying financial information reflects all adjustments which are, in the opinion of our management, of a normal recurring nature and necessary for a fair presentation of our financial position, results of operations and cash flows for the interim periods. Operating results for the </font><font style="font-family:inherit;font-size:10pt;">three and nine</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">September 30, 2016</font><font style="font-family:inherit;font-size:10pt;"> are not necessarily indicative of the results that may be expected for the year ending </font><font style="font-family:inherit;font-size:10pt;">December 31, 2016</font><font style="font-family:inherit;font-size:10pt;">. Our accompanying interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and the notes thereto, included in our Annual Report on Form 10-K filed with the SEC on March 15, 2016.</font></div></div> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">ORGANIZATION AND OPERATIONS</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CIM Commercial Trust Corporation ("CIM Commercial" or the "Company") or together with its wholly-owned subsidiaries (which, together with CIM Commercial, may be referred to as "we," "us" or "our") primarily invests in, owns, and operates Class A and creative office investments in vibrant and improving urban communities throughout the United States. These communities are located in areas that include traditional downtown areas and suburban main streets, which have high barriers-to-entry, high population density, improving demographic trends and a propensity for growth. We were originally organized in 1993 as PMC Commercial Trust ("PMC Commercial"), a Texas real estate investment trust.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On July 8, 2013, PMC Commercial entered into a merger agreement (the "Merger Agreement") with CIM Urban REIT, LLC ("CIM REIT") and subsidiaries of the respective parties. CIM REIT was a private commercial REIT and was the owner of CIM Urban Partners, L.P. ("CIM Urban"). The transaction (the "Merger") was completed on March 11, 2014 (the "Acquisition Date"). The Merger was accounted for as a reverse acquisition under the acquisition method of accounting with CIM Urban considered to be the accounting acquirer based upon the terms of the Merger Agreement. Based on the determination that CIM Urban was the accounting acquirer in the transaction, CIM Urban allocated the purchase price to the fair value of PMC Commercial's assets and liabilities as of the Acquisition Date.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Pursuant to the Merger Agreement, an affiliate of CIM REIT and CIM Urban received </font><font style="font-family:inherit;font-size:10pt;">4,400,000</font><font style="font-family:inherit;font-size:10pt;"> shares of newly-issued PMC Commercial common stock ("Common Stock") and approximately </font><font style="font-family:inherit;font-size:10pt;">65,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares of newly-issued PMC Commercial preferred stock. Following the Merger and subsequent increase in our authorized number of shares, each share of preferred stock was converted into </font><font style="font-family:inherit;font-size:10pt;">1.4</font><font style="font-family:inherit;font-size:10pt;"> shares of Common Stock, resulting in the issuance of </font><font style="font-family:inherit;font-size:10pt;">95,440,000</font><font style="font-family:inherit;font-size:10pt;"> shares of Common Stock in the aggregate in connection with the Merger, representing approximately </font><font style="font-family:inherit;font-size:10pt;">97.8%</font><font style="font-family:inherit;font-size:10pt;"> of PMC Commercial's outstanding shares of Common Stock at the time.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 28, 2014, PMC Commercial's charter was amended to increase the authorized shares of stock of PMC Commercial from </font><font style="font-family:inherit;font-size:10pt;">100,000,000</font><font style="font-family:inherit;font-size:10pt;"> to </font><font style="font-family:inherit;font-size:10pt;">1,000,000,000</font><font style="font-family:inherit;font-size:10pt;"> shares (of which </font><font style="font-family:inherit;font-size:10pt;">900,000,000</font><font style="font-family:inherit;font-size:10pt;"> are shares of Common Stock and </font><font style="font-family:inherit;font-size:10pt;">100,000,000</font><font style="font-family:inherit;font-size:10pt;"> are shares of preferred stock) and PMC Commercial changed its state of incorporation from Texas to Maryland by means of a merger of PMC Commercial with and into a newly formed, wholly-owned Maryland corporation subsidiary. Also, on April 28, 2014, we changed our name from "PMC Commercial Trust" to "CIM Commercial Trust Corporation." Our Common Stock is currently traded on the NASDAQ Global Market (symbol "CMCT").</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On April 28, 2014, we filed Articles of Amendment (the "Reverse Split Amendment") to effectuate a one-for-five reverse stock split of the Common Stock, effective April 29, 2014. Pursuant to the reverse stock split, each five shares of Common Stock issued and outstanding immediately prior to the effective time of the reverse stock split were converted into one share of Common Stock. Fractional shares of Common Stock were not issued as a result of the reverse stock split; instead, holders of pre-split shares of Common Stock who otherwise would have been entitled to receive a fractional share of Common Stock received an amount in cash equal to the product of the fraction of a share multiplied by the closing price of the Common Stock (as adjusted for the one-for-five reverse stock split). In connection with and immediately following the filing of the Reverse Split Amendment, we filed Articles of Amendment to decrease the par value of the Common Stock issued and outstanding to </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> per share, effective April 29, 2014, subsequent to the effective time of the Reverse Split Amendment. All per share and outstanding share information has been presented to reflect the reverse stock split.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CIM Commercial has qualified and intends to continue to qualify as a real estate investment trust ("REIT"), as defined in the Internal Revenue Code of 1986, as amended.</font></div></div> | ||
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-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">—Certain prior period amounts have been reclassified to conform with the current period presentation. These reclassifications had no effect on previously reported net income or cash flows.</font></div></div> | ||
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">—The preparation of consolidated financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div> |