$CMCT
Creative Media & Community Trust Corporation
Stock
$cmct
2018 Q4 Form 10-Q Financial Statement
#000162828018014260 Filed on November 13, 2018
Income Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
Revenue | $50.03M | $47.61M | $55.38M |
YoY Change | -5.16% | -14.04% | -13.91% |
Cost Of Revenue | $26.81M | $26.53M | $32.95M |
YoY Change | -15.67% | -19.48% | -18.08% |
Gross Profit | $23.22M | $21.08M | $22.43M |
YoY Change | 12.55% | -6.02% | -6.97% |
Gross Profit Margin | 46.42% | 44.28% | 40.5% |
Selling, General & Admin | $3.250M | $1.220M | $1.580M |
YoY Change | 306.25% | -22.78% | -30.7% |
% of Gross Profit | 14.0% | 5.79% | 7.04% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $13.45M | $13.31M | $13.47M |
YoY Change | 4.26% | -1.19% | -23.98% |
% of Gross Profit | 57.92% | 63.14% | 60.05% |
Operating Expenses | $16.69M | $14.53M | $15.06M |
YoY Change | 21.82% | -3.52% | -24.7% |
Operating Profit | $6.530M | -$414.0K | $27.90M |
YoY Change | -5.77% | -101.48% | 578.81% |
Interest Expense | -$6.490M | $6.965M | $9.359M |
YoY Change | 11.13% | -25.58% | -8.92% |
% of Operating Profit | -99.39% | 33.55% | |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | -$770.0K | -$414.0K | $72.73M |
YoY Change | -103.46% | -100.57% | 730.16% |
Income Tax | $130.0K | $115.0K | $339.0K |
% Of Pretax Income | 0.47% | ||
Net Earnings | -$906.0K | -$528.0K | $72.40M |
YoY Change | -104.11% | -100.73% | 696.6% |
Net Earnings / Revenue | -1.81% | -1.11% | 130.71% |
Basic Earnings Per Share | -$0.30 | $1.25 | |
Diluted Earnings Per Share | -$62.33K | -$0.30 | $1.25 |
COMMON SHARES | |||
Basic Shares Outstanding | 43.80M shares | 14.60M shares | 57.88M shares |
Diluted Shares Outstanding | 14.60M shares | 14.60M shares | 57.88M shares |
Balance Sheet
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $54.90M | $97.00M | $253.0M |
YoY Change | -57.54% | -61.66% | 89.09% |
Cash & Equivalents | $54.66M | $97.04M | $253.0M |
Short-Term Investments | |||
Other Short-Term Assets | |||
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | $6.600M | $8.100M | $15.90M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $61.50M | $105.1M | $268.9M |
YoY Change | -56.96% | -60.91% | 86.22% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.041B | $1.067B | $941.2M |
YoY Change | 8.69% | 13.37% | -41.74% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $128.9M | $107.9M | $286.3M |
YoY Change | 15.3% | -62.31% | 52.04% |
Total Long-Term Assets | $1.281B | $1.287B | $1.322B |
YoY Change | 7.32% | -2.71% | -30.82% |
TOTAL ASSETS | |||
Total Short-Term Assets | $61.50M | $105.1M | $268.9M |
Total Long-Term Assets | $1.281B | $1.287B | $1.322B |
Total Assets | $1.342B | $1.392B | $1.591B |
YoY Change | 0.45% | -12.54% | -22.6% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $41.60M | $30.90M | $23.70M |
YoY Change | 57.58% | 30.38% | -43.71% |
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 | $52.60M | $41.70M | $32.40M |
YoY Change | 49.43% | 28.7% | -37.45% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $588.7M | $664.4M | $780.0M |
YoY Change | -6.69% | -14.82% | -19.52% |
Other Long-Term Liabilities | $48.20M | $19.00M | $54.00M |
YoY Change | 207.01% | -64.81% | -5.1% |
Total Long-Term Liabilities | $636.9M | $683.4M | $834.0M |
YoY Change | -1.5% | -18.06% | -18.72% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $52.60M | $41.70M | $32.40M |
Total Long-Term Liabilities | $636.9M | $683.4M | $834.0M |
Total Liabilities | $689.4M | $725.1M | $866.4M |
YoY Change | 1.12% | -16.31% | -19.62% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$436.9M | -$415.6M | -$367.2M |
YoY Change | 9.43% | 13.17% | -36.6% |
Common Stock | $44.00K | $44.00K | $58.00K |
YoY Change | 0.0% | -24.14% | -30.95% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $616.4M | $622.6M | $711.0M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $1.342B | $1.392B | $1.591B |
YoY Change | 0.45% | -12.54% | -22.6% |
Cashflow Statement
Concept | 2018 Q4 | 2018 Q3 | 2017 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$906.0K | -$528.0K | $72.40M |
YoY Change | -104.11% | -100.73% | 696.6% |
Depreciation, Depletion And Amortization | $13.45M | $13.31M | $13.47M |
YoY Change | 4.26% | -1.19% | -23.98% |
Cash From Operating Activities | $10.90M | $12.89M | -$3.350M |
YoY Change | -159.96% | -484.78% | -110.51% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$1.910M | -$2.090M | -$9.160M |
YoY Change | -91.18% | -77.18% | 2.58% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$2.920M | -$4.060M | $204.5M |
YoY Change | -101.79% | -101.98% | 161.24% |
Cash From Investing Activities | -$4.840M | -$6.140M | $195.4M |
YoY Change | -103.41% | -103.14% | 181.69% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -45.88M | -2.170M | -69.42M |
YoY Change | -81.45% | -96.87% | 231.99% |
NET CHANGE | |||
Cash From Operating Activities | 10.90M | 12.89M | -3.350M |
Cash From Investing Activities | -4.840M | -6.140M | 195.4M |
Cash From Financing Activities | -45.88M | -2.170M | -69.42M |
Net Change In Cash | -39.82M | 4.580M | 122.6M |
YoY Change | -67.78% | -96.26% | 52.63% |
FREE CASH FLOW | |||
Cash From Operating Activities | $10.90M | $12.89M | -$3.350M |
Capital Expenditures | -$1.910M | -$2.090M | -$9.160M |
Free Cash Flow | $12.81M | $14.98M | $5.810M |
YoY Change | 269.16% | 157.83% | -85.76% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
cmct |
Amortization And Accretion On Loans Receivable Net
AmortizationAndAccretionOnLoansReceivableNet
|
-270000 | USD | |
cmct |
Amortization And Accretion On Loans Receivable Net
AmortizationAndAccretionOnLoansReceivableNet
|
228000 | USD | |
cmct |
Accrual Of Dividends Not Yet Paid
AccrualOfDividendsNotYetPaid
|
138000 | USD | |
cmct |
Accrual Of Dividends Not Yet Paid
AccrualOfDividendsNotYetPaid
|
769000 | USD | |
cmct |
Business Combination Percentage To Assets
BusinessCombinationPercentageToAssets
|
0.10 | ||
cmct |
Capital Expenditures
CapitalExpenditures
|
23237000 | USD | |
cmct |
Capital Expenditures
CapitalExpenditures
|
12805000 | USD | |
cmct |
Capital Expenditures And Disposal Group Originations Cost
CapitalExpendituresAndDisposalGroupOriginationsCost
|
72769000 | USD | |
cmct |
Capital Expenditures And Disposal Group Originations Cost
CapitalExpendituresAndDisposalGroupOriginationsCost
|
66125000 | USD | |
cmct |
Decrease Increase In Cash From Discontinued Operations
DecreaseIncreaseInCashFromDiscontinuedOperations
|
-1720000 | USD | |
cmct |
Decrease Increase In Cash From Discontinued Operations
DecreaseIncreaseInCashFromDiscontinuedOperations
|
0 | USD | |
cmct |
Deferred Rent And Amortization Of Intangible Assets Liabilities And Lease Inducements
DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements
|
-2528000 | USD | |
cmct |
Deferred Rent And Amortization Of Intangible Assets Liabilities And Lease Inducements
DeferredRentAndAmortizationOfIntangibleAssetsLiabilitiesAndLeaseInducements
|
-3246000 | USD | |
CY2017Q4 | cmct |
Deferred Rent Receivable And Charges Net
DeferredRentReceivableAndChargesNet
|
84748000 | USD |
CY2018Q3 | cmct |
Deferred Rent Receivable And Charges Net
DeferredRentReceivableAndChargesNet
|
86337000 | USD |
CY2017Q3 | cmct |
Derivative Notional Amountof Terminated Derivatives
DerivativeNotionalAmountofTerminatedDerivatives
|
65000000 | USD |
CY2017Q4 | cmct |
Derivative Notional Amountof Terminated Derivatives
DerivativeNotionalAmountofTerminatedDerivatives
|
150000000 | USD |
CY2017Q3 | cmct |
Derivative Numberof Instruments Terminated
DerivativeNumberofInstrumentsTerminated
|
3 | swap |
CY2017Q4 | cmct |
Derivative Numberof Instruments Terminated
DerivativeNumberofInstrumentsTerminated
|
4 | swap |
CY2017Q3 | cmct |
Dilutive Securities Effect On Basic Earnings Redeemable Preferred Stock Dividends
DilutiveSecuritiesEffectOnBasicEarningsRedeemablePreferredStockDividends
|
0 | USD |
cmct |
Dilutive Securities Effect On Basic Earnings Redeemable Preferred Stock Dividends
DilutiveSecuritiesEffectOnBasicEarningsRedeemablePreferredStockDividends
|
0 | USD | |
CY2018Q3 | cmct |
Dilutive Securities Effect On Basic Earnings Redeemable Preferred Stock Dividends
DilutiveSecuritiesEffectOnBasicEarningsRedeemablePreferredStockDividends
|
0 | USD |
cmct |
Dilutive Securities Effect On Basic Earnings Redeemable Preferred Stock Dividends
DilutiveSecuritiesEffectOnBasicEarningsRedeemablePreferredStockDividends
|
0 | USD | |
CY2017Q3 | cmct |
Direct Costs Of Leased Rented And Other Property Operating
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
26058000 | USD |
cmct |
Direct Costs Of Leased Rented And Other Property Operating
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
76267000 | USD | |
CY2018Q3 | cmct |
Direct Costs Of Leased Rented And Other Property Operating
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
20438000 | USD |
cmct |
Direct Costs Of Leased Rented And Other Property Operating
DirectCostsOfLeasedRentedAndOtherPropertyOperating
|
59238000 | USD | |
cmct |
Discontinued Operation Deferred Income Tax Expense Benefit
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
1000 | USD | |
cmct |
Discontinued Operation Deferred Income Tax Expense Benefit
DiscontinuedOperationDeferredIncomeTaxExpenseBenefit
|
62000 | USD | |
cmct |
Disposal Group Including Discontinued Operation New Mortgage Loans
DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans
|
49532000 | USD | |
cmct |
Disposal Group Including Discontinued Operation New Mortgage Loans
DisposalGroupIncludingDiscontinuedOperationNewMortgageLoans
|
53320000 | USD | |
cmct |
Net Income Loss Available To Common Stockholders Including Accumulated Preferred Stock Dividends Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
357447000 | USD | |
cmct |
Loan Receivable And Secured Borrowing Reduction From Repurchase Of Guaranteed Amount Of Loan
LoanReceivableAndSecuredBorrowingReductionFromRepurchaseOfGuaranteedAmountOfLoan
|
0 | USD | |
CY2017Q3 | cmct |
Net Income Loss Available To Common Stockholders Including Accumulated Preferred Stock Dividends Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
72257000 | USD |
CY2017Q4 | cmct |
Financing Receivable Percent Current
FinancingReceivablePercentCurrent
|
1 | |
CY2018Q3 | cmct |
Financing Receivable Percent Current
FinancingReceivablePercentCurrent
|
1 | |
CY2017Q4 | cmct |
Financing Receivables Deferred Capitalized Costs
FinancingReceivablesDeferredCapitalizedCosts
|
1132000 | USD |
CY2018Q3 | cmct |
Financing Receivables Deferred Capitalized Costs
FinancingReceivablesDeferredCapitalizedCosts
|
1167000 | USD |
CY2017Q3 | cmct |
Interest And Other Operating Income
InterestAndOtherOperatingIncome
|
5619000 | USD |
cmct |
Interest And Other Operating Income
InterestAndOtherOperatingIncome
|
11546000 | USD | |
CY2018Q3 | cmct |
Interest And Other Operating Income
InterestAndOtherOperatingIncome
|
3014000 | USD |
cmct |
Interest And Other Operating Income
InterestAndOtherOperatingIncome
|
9465000 | USD | |
CY2017Q4 | cmct |
Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable
LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable
|
2098000 | USD |
CY2018Q3 | cmct |
Line Of Credit Facility Accrued Interest And Unused Commitment Fee Payable
LineOfCreditFacilityAccruedInterestAndUnusedCommitmentFeePayable
|
1988000 | USD |
cmct |
Loan Receivable And Secured Borrowing Reduction From Repurchase Of Guaranteed Amount Of Loan
LoanReceivableAndSecuredBorrowingReductionFromRepurchaseOfGuaranteedAmountOfLoan
|
534000 | USD | |
CY2018Q3 | cmct |
Net Income Loss Available To Common Stockholders Including Accumulated Preferred Stock Dividends Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
-4448000 | USD |
cmct |
Net Income Loss Available To Common Stockholders Including Accumulated Preferred Stock Dividends Basic
NetIncomeLossAvailableToCommonStockholdersIncludingAccumulatedPreferredStockDividendsBasic
|
-9350000 | USD | |
cmct |
Number Of Properties Sold
NumberOfPropertiesSold
|
0 | property | |
CY2017Q3 | cmct |
Number Of Types Of Commercial Real Estate Properties
NumberOfTypesOfCommercialRealEstateProperties
|
3 | property |
cmct |
Number Of Types Of Commercial Real Estate Properties
NumberOfTypesOfCommercialRealEstateProperties
|
3 | property | |
CY2018Q3 | cmct |
Number Of Types Of Commercial Real Estate Properties
NumberOfTypesOfCommercialRealEstateProperties
|
2 | property |
cmct |
Number Of Types Of Commercial Real Estate Properties
NumberOfTypesOfCommercialRealEstateProperties
|
2 | property | |
CY2017Q4 | cmct |
Numberof Statesinwhich Real Estate Propertiesare Owned
NumberofStatesinwhichRealEstatePropertiesareOwned
|
2 | state |
CY2018Q3 | cmct |
Numberof Statesinwhich Real Estate Propertiesare Owned
NumberofStatesinwhichRealEstatePropertiesareOwned
|
2 | state |
cmct |
Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
44000 | USD | |
cmct |
Offering Costs Offset Against Redeemable Preferred Stock Temporary Equity
OfferingCostsOffsetAgainstRedeemablePreferredStockTemporaryEquity
|
187000 | USD | |
CY2017Q3 | cmct |
Operating Lease And Other Property Revenue
OperatingLeaseAndOtherPropertyRevenue
|
37299000 | USD |
cmct |
Operating Lease And Other Property Revenue
OperatingLeaseAndOtherPropertyRevenue
|
134482000 | USD | |
CY2018Q3 | cmct |
Operating Lease And Other Property Revenue
OperatingLeaseAndOtherPropertyRevenue
|
34782000 | USD |
cmct |
Operating Lease And Other Property Revenue
OperatingLeaseAndOtherPropertyRevenue
|
103479000 | USD | |
CY2018Q3 | cmct |
Outstanding Loan Commitments And Approvals To Fund Loans
OutstandingLoanCommitmentsAndApprovalsToFundLoans
|
16643000 | USD |
CY2017Q3 | cmct |
Paymentof Derivative Feesand Accrued Interest
PaymentofDerivativeFeesandAccruedInterest
|
38000 | USD |
cmct |
Paymentof Other Deferred Costs
PaymentofOtherDeferredCosts
|
0 | USD | |
cmct |
Paymentof Other Deferred Costs
PaymentofOtherDeferredCosts
|
22000 | USD | |
cmct |
Payments To Acquire Real Estate And Mortgage Note Receivable
PaymentsToAcquireRealEstateAndMortgageNoteReceivable
|
0 | USD | |
cmct |
Payments To Acquire Real Estate And Mortgage Note Receivable
PaymentsToAcquireRealEstateAndMortgageNoteReceivable
|
112048000 | USD | |
CY2018Q3 | cmct |
Preferred Stock Including Temporary Equity Shares Authorized
PreferredStockIncludingTemporaryEquitySharesAuthorized
|
100000000 | shares |
cmct |
Preferred Stock Issuance Specific Offering Costs
PreferredStockIssuanceSpecificOfferingCosts
|
4875000 | USD | |
cmct |
Preferred Stock Offering Costs Non Issuance Specific Costs
PreferredStockOfferingCostsNonIssuanceSpecificCosts
|
4532000 | USD | |
cmct |
Preferred Stock Redemption Price Consecutive Trading Daysof Weighted Average Common Stock Price
PreferredStockRedemptionPriceConsecutiveTradingDaysofWeightedAverageCommonStockPrice
|
P20D | ||
cmct |
Preferred Stock Redemption Price Percentage
PreferredStockRedemptionPricePercentage
|
1 | ||
CY2018Q3 | cmct |
Proceeds From Issuance Of Warrants To Date
ProceedsFromIssuanceOfWarrantsToDate
|
193000 | USD |
CY2017Q4 | cmct |
Proceeds From Termination Payments Net Of Fees
ProceedsFromTerminationPaymentsNetOfFees
|
1011000 | USD |
cmct |
Reclassifications Of Temporary Equity To Liabilities
ReclassificationsOfTemporaryEquityToLiabilities
|
0 | USD | |
cmct |
Reclassifications Of Temporary Equity To Liabilities
ReclassificationsOfTemporaryEquityToLiabilities
|
4000 | USD | |
CY2017Q3 | cmct |
Redeemable Preferred Stock Dividends Accumulated
RedeemablePreferredStockDividendsAccumulated
|
0 | USD |
cmct |
Redeemable Preferred Stock Dividends Accumulated
RedeemablePreferredStockDividendsAccumulated
|
0 | USD | |
CY2018Q3 | cmct |
Redeemable Preferred Stock Dividends Accumulated
RedeemablePreferredStockDividendsAccumulated
|
3152000 | USD |
cmct |
Redeemable Preferred Stock Dividends Accumulated
RedeemablePreferredStockDividendsAccumulated
|
9456000 | USD | |
CY2017Q3 | cmct |
Related Party Asset Management Fees And Other Fees
RelatedPartyAssetManagementFeesAndOtherFees
|
6896000 | USD |
cmct |
Related Party Asset Management Fees And Other Fees
RelatedPartyAssetManagementFeesAndOtherFees
|
23459000 | USD | |
CY2018Q3 | cmct |
Related Party Asset Management Fees And Other Fees
RelatedPartyAssetManagementFeesAndOtherFees
|
6121000 | USD |
cmct |
Related Party Asset Management Fees And Other Fees
RelatedPartyAssetManagementFeesAndOtherFees
|
18475000 | USD | |
cmct |
Special Dividends Cash
SpecialDividendsCash
|
4872000 | USD | |
cmct |
Special Dividends Per Share Cash Paid
SpecialDividendsPerShareCashPaid
|
2.26 | ||
cmct |
Stock Offering Costs Not Yet Paid
StockOfferingCostsNotYetPaid
|
1148000 | USD | |
cmct |
Stock Offering Costs Not Yet Paid
StockOfferingCostsNotYetPaid
|
148000 | USD | |
cmct |
Straight Line Lease Termination Income
StraightLineLeaseTerminationIncome
|
2041000 | USD | |
cmct |
Straight Line Lease Termination Income
StraightLineLeaseTerminationIncome
|
0 | USD | |
cmct |
Straight Line Rent Expense Below Market Ground Lease And Amortization Of Intangible Assets
StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets
|
1079000 | USD | |
cmct |
Straight Line Rent Expense Below Market Ground Lease And Amortization Of Intangible Assets
StraightLineRentExpenseBelowMarketGroundLeaseAndAmortizationOfIntangibleAssets
|
-18000 | USD | |
CY2018Q3 | cmct |
Tenant Improvements Obligations
TenantImprovementsObligations
|
19531000 | USD |
CY2017Q3 | cmct |
Tenant Reimbursements1
TenantReimbursements1
|
4717000 | USD |
cmct |
Tenant Reimbursements1
TenantReimbursements1
|
10273000 | USD | |
CY2018Q3 | cmct |
Tenant Reimbursements1
TenantReimbursements1
|
2129000 | USD |
cmct |
Tenant Reimbursements1
TenantReimbursements1
|
7089000 | USD | |
CY2017Q3 | cmct |
Tenant Reimbursements Excluding Lease Agreements
TenantReimbursementsExcludingLeaseAgreements
|
2160000 | USD |
cmct |
Tenant Reimbursements Excluding Lease Agreements
TenantReimbursementsExcludingLeaseAgreements
|
2164000 | USD | |
CY2018Q3 | cmct |
Tenant Reimbursements Excluding Lease Agreements
TenantReimbursementsExcludingLeaseAgreements
|
120000 | USD |
cmct |
Tenant Reimbursements Excluding Lease Agreements
TenantReimbursementsExcludingLeaseAgreements
|
398000 | USD | |
cmct |
Transferof Tax Reimbursements Rights
TransferofTaxReimbursementsRights
|
5097000 | USD | |
cmct |
Transferof Tax Reimbursements Rights
TransferofTaxReimbursementsRights
|
0 | USD | |
cmct |
Unrealized Premium Adjustment
UnrealizedPremiumAdjustment
|
1747000 | USD | |
cmct |
Unrealized Premium Adjustment
UnrealizedPremiumAdjustment
|
1946000 | USD | |
cmct |
Wholesaling Agreement Percent Of Selling Price Fee
WholesalingAgreementPercentOfSellingPriceFee
|
0.0275 | ||
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000908311 | ||
CY2018Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
43795073 | shares |
dei |
Entity Emerging Growth Company
EntityEmergingGrowthCompany
|
false | ||
dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
CIM Commercial Trust Corp | ||
dei |
Entity Small Business
EntitySmallBusiness
|
true | ||
CY2017Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
13627000 | USD |
CY2018Q3 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
8085000 | USD |
CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
26394000 | USD |
CY2018Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
30886000 | USD |
CY2017Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
1105000 | USD |
CY2018Q3 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
1744000 | USD |
CY2017Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
1631000 | USD |
CY2018Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Before Tax1
AccumulatedOtherComprehensiveIncomeLossBeforeTax1
|
3038000 | USD |
CY2017Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
792631000 | USD |
CY2018Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
791773000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
55000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Warrant Issued
AdjustmentsToAdditionalPaidInCapitalWarrantIssued
|
62000 | USD | |
CY2017Q3 | us-gaap |
Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
|
137000 | USD |
us-gaap |
Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
|
149000 | USD | |
CY2018Q3 | us-gaap |
Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
|
0 | USD |
us-gaap |
Allowance For Loan And Lease Losses Writeoffs Net
AllowanceForLoanAndLeaseLossesWriteoffsNet
|
0 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-586000 | USD | |
us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
-111000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1691000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
639000 | USD | |
CY2017Q4 | us-gaap |
Assets
Assets
|
1336388000 | USD |
CY2018Q3 | us-gaap |
Assets
Assets
|
1391715000 | USD |
CY2017Q4 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
1070000 | USD |
CY2018Q3 | us-gaap |
Below Market Lease Net
BelowMarketLeaseNet
|
3351000 | USD |
CY2017Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
242000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
11870000 | USD | |
CY2018Q3 | us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
15000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
359000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
8689000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
11690000 | USD | |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
252955000 | USD |
CY2017Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
129310000 | USD |
CY2018Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
97040000 | USD |
CY2016Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
176609000 | USD |
CY2017Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
278330000 | USD |
CY2017Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
156318000 | USD |
CY2018Q3 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
118564000 | USD |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
101721000 | USD | |
us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-37754000 | USD | |
CY2018Q3 | us-gaap |
Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
|
2462104 | shares |
CY2017Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2018Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.46875 | ||
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.375 | ||
CY2018Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.125 | |
CY2017Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2018Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.001 | |
CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
900000000 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
43784939 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
43795073 | shares |
CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
43784939 | shares |
CY2018Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
43795073 | shares |
CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
44000 | USD |
CY2018Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
44000 | USD |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
72728000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
359133000 | USD | |
us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
38665000 | USD | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-711000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
3434000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
-4000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
10000 | USD | |
CY2018Q3 | 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
|
15000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
72724000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
359143000 | USD | |
CY2018Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
-712000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
3449000 | USD | |
CY2017Q3 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
11311000 | USD |
CY2018Q3 | us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
10901000 | USD |
us-gaap |
Cost Of Goods And Services Sold Depreciation
CostOfGoodsAndServicesSoldDepreciation
|
32487000 | USD | |
CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
57369000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
203473000 | USD | |
CY2018Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
48054000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
144760000 | USD | |
CY2017Q4 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
630852000 | USD |
CY2018Q3 | us-gaap |
Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
|
664400000 | USD |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
0 | USD | |
us-gaap |
Debt Issuance Costs Incurred During Noncash Or Partial Noncash Transaction
DebtIssuanceCostsIncurredDuringNoncashOrPartialNoncashTransaction
|
993000 | USD | |
CY2018Q3 | us-gaap |
Deferred Costs And Other Assets
DeferredCostsAndOtherAssets
|
65000 | USD |
CY2017Q4 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
23807000 | USD |
CY2018Q3 | us-gaap |
Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
|
23537000 | USD |
CY2017Q4 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
52414000 | USD |
CY2018Q3 | us-gaap |
Deferred Costs Leasing Gross
DeferredCostsLeasingGross
|
49539000 | USD |
CY2017Q4 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
3843000 | USD |
CY2018Q3 | us-gaap |
Deferred Finance Costs Gross
DeferredFinanceCostsGross
|
4914000 | USD |
CY2017Q4 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
3401000 | USD |
CY2018Q3 | us-gaap |
Deferred Offering Costs
DeferredOfferingCosts
|
4219000 | USD |
CY2017Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
52619000 | USD |
CY2018Q3 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
55060000 | USD |
CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
13472000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
45464000 | USD | |
CY2018Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
13310000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
39783000 | USD | |
CY2017Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
9162000 | USD |
CY2018Q3 | us-gaap |
Development In Process
DevelopmentInProcess
|
9297000 | USD |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
32854000 | USD | |
us-gaap |
Dividends Common Stock
DividendsCommonStock
|
16421000 | USD | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
241000 | USD | |
us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
1924000 | USD | |
CY2017Q4 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
8814000 | USD |
CY2018Q3 | us-gaap |
Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
|
10838000 | USD |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.25 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
4.86 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.10 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
-0.21 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.25 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
4.86 | ||
CY2018Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.10 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
-0.21 | ||
CY2017Q4 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
462000 | USD |
CY2018Q3 | us-gaap |
Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
|
532000 | USD |
CY2017Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
3363000 | USD |
CY2018Q3 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
3215000 | USD |
CY2017Q3 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
74715000 | USD |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
378732000 | USD | |
CY2018Q3 | 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 | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1342000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4668000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
358891000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
-414000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
2837000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
339000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
1193000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
115000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
795000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
1090000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
622000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-8559000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2137000 | USD | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
1205000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
6496000 | USD | |
CY2017Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
13100000 | USD | |
CY2018Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
72730000 | USD |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
5979000 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
1922000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-1205000 | USD | |
us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
2024000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
665000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1820000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
-3031000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1046000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
1414000 | USD | |
us-gaap |
Increase Decrease In Receivables
IncreaseDecreaseInReceivables
|
-5390000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
9359000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
28645000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
6965000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
20409000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
28104000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
20240000 | USD | |
us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
0 | USD | |
CY2018Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
320000 | USD |
us-gaap |
Interest Rate Cash Flow Hedge Gain Loss Reclassified To Earnings Net
InterestRateCashFlowHedgeGainLossReclassifiedToEarningsNet
|
320000 | USD | |
CY2017Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
847849000 | USD |
CY2018Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
922807000 | USD |
CY2017Q4 | us-gaap |
Land
Land
|
221785000 | USD |
CY2018Q3 | us-gaap |
Land
Land
|
273984000 | USD |
CY2017Q4 | us-gaap |
Land Improvements
LandImprovements
|
17745000 | USD |
CY2018Q3 | us-gaap |
Land Improvements
LandImprovements
|
18501000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
681759000 | USD |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
725132000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1336388000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1391715000 | USD |
CY2017Q4 | us-gaap |
Loans Receivable Net
LoansReceivableNet
|
81056000 | USD |
CY2018Q3 | us-gaap |
Loans Receivable Net
LoansReceivableNet
|
81898000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
668152000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
483153000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
174187000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
3392000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
3287000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
3185000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
948000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
890000 | USD |
CY2018Q3 | us-gaap |
Minority Interest
MinorityInterest
|
838000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
37000 | USD | |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
67000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-741688000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
39337000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
827950000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-126892000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
17179000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
49801000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
72395000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
357688000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-528000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
2027000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-4000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
10000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
-1000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
15000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
72257000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
357447000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-4448000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-9350000 | USD | |
CY2017Q4 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
80386000 | USD |
CY2018Q3 | us-gaap |
Notes Receivable Gross
NotesReceivableGross
|
81263000 | USD |
CY2017Q4 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
81056000 | USD |
CY2018Q3 | us-gaap |
Notes Receivable Net
NotesReceivableNet
|
81898000 | USD |
us-gaap |
Number Of Businesses Acquired
NumberOfBusinessesAcquired
|
0 | property | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
27899000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
102483000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
25332000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
82909000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
650046000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
74970000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
92006000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
118833000 | USD |
us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
3000 | USD | |
us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
6966000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
132317000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
|
33282000 | USD |
CY2018Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
198638000 | USD |
CY2018Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
15657000 | USD |
CY2017Q4 | us-gaap |
Other Assets
OtherAssets
|
36533000 | USD |
CY2018Q3 | us-gaap |
Other Assets
OtherAssets
|
19176000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
333000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1445000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-183000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1407000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1445000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1727000 | USD | |
CY2017Q4 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
121000 | USD |
CY2018Q3 | us-gaap |
Other Deferred Costs Gross
OtherDeferredCostsGross
|
1056000 | USD |
CY2017Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
6381000 | USD |
CY2018Q3 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
10684000 | USD |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
14629000 | USD |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1079000 | USD | |
us-gaap |
Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
|
-1079000 | USD | |
us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
37149000 | USD | |
us-gaap |
Payments For Origination And Purchases Of Loans Held For Sale
PaymentsForOriginationAndPurchasesOfLoansHeldForSale
|
39990000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-93000 | USD | |
us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-124000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
576000000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD | |
us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
75000 | USD | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
4872000 | USD | |
us-gaap |
Payments Of Capital Distribution
PaymentsOfCapitalDistribution
|
1575000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
8000 | USD | |
us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
0 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
37000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
67000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
112000 | USD | |
us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
1404000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
304000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
1112000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
32854000 | USD | |
us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
16421000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1462000 | USD | |
us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
1124000 | USD | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
12383000 | USD | |
us-gaap |
Payments To Acquire Loans Held For Investment
PaymentsToAcquireLoansHeldForInvestment
|
13330000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
19075000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
10139000 | USD | |
us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
1.03125 | ||
us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
1.03125 | ||
CY2017Q3 | us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
0 | USD |
us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
0 | USD | |
CY2018Q3 | us-gaap |
Preferred Stock Redemption Discount
PreferredStockRedemptionDiscount
|
1000 | USD |
us-gaap |
Proceeds From Collection Of Loans Held For Sale
ProceedsFromCollectionOfLoansHeldForSale
|
1642000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
11594000 | USD | |
us-gaap |
Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
|
26984000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
772000 | USD | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
55000 | USD | |
us-gaap |
Proceeds From Issuance Of Warrants
ProceedsFromIssuanceOfWarrants
|
62000 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
0 | USD | |
us-gaap |
Proceeds From Notes Payable
ProceedsFromNotesPayable
|
38200000 | USD | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
7686000 | USD | |
us-gaap |
Proceeds From Principal Repayments On Loans And Leases Held For Investment
ProceedsFromPrincipalRepaymentsOnLoansAndLeasesHeldForInvestment
|
8501000 | USD | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
36701000 | USD | |
us-gaap |
Proceeds From Sale Of Loans Held For Sale
ProceedsFromSaleOfLoansHeldForSale
|
41408000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
851629000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
0 | USD | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
72391000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
357698000 | USD | |
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-529000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
2042000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
411000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
222000 | USD | |
CY2017Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
271055000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
301320000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
1228780000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
1368291000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
957725000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1066971000 | USD |
us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
0 | USD | |
us-gaap |
Reclassifications Of Temporary To Permanent Equity
ReclassificationsOfTemporaryToPermanentEquity
|
11517000 | USD | |
us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
65722000 | USD | |
us-gaap |
Repayments Of First Mortgage Bond
RepaymentsOfFirstMortgageBond
|
0 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
0 | USD | |
us-gaap |
Repayments Of Notes Payable
RepaymentsOfNotesPayable
|
3239000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
6966000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1642000 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
65000000 | USD | |
us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
0 | USD | |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
25375000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
27008000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
21524000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-399250000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-415568000 | USD |
CY2017Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7749000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
27331000 | USD | |
CY2018Q3 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
7715000 | USD |
us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
27564000 | USD | |
CY2018Q3 | us-gaap |
Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
|
26000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
55384000 | USD |
us-gaap |
Revenues
Revenues
|
183632000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
47640000 | USD |
us-gaap |
Revenues
Revenues
|
147597000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
116000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
124000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
116000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
124000 | USD | |
us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
7000 | USD | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
576000000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
625815000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
622600000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
966589000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
711899000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
626705000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
623438000 | USD |
CY2017Q4 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
27924000 | USD |
CY2018Q3 | us-gaap |
Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
|
43145000 | USD |
CY2017Q3 | us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
138000 | USD |
us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
241000 | USD | |
CY2018Q3 | us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
769000 | USD |
us-gaap |
Temporary Equity Dividends Adjustment
TemporaryEquityDividendsAdjustment
|
1924000 | USD | |
us-gaap |
Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
|
12934000 | USD | |
CY2017Q4 | us-gaap |
Tenant Improvements
TenantImprovements
|
128876000 | USD |
CY2018Q3 | us-gaap |
Tenant Improvements
TenantImprovements
|
140487000 | USD |
us-gaap |
Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
|
0 | USD | |
CY2018Q3 | us-gaap |
Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
|
-70000 | USD |
us-gaap |
Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
|
-70000 | USD | |
CY2017Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares |
us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
0 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
57876000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
73503000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43795000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
43791000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
57876000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
73503000 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43795000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
43791000 | 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:48px;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, 2018</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, 2018</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 </font><font style="font-family:inherit;font-size:10pt;">March 12, 2018</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div> | ||
us-gaap |
Nature Of Operations
NatureOfOperations
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<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:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CIM Commercial Trust Corporation ("CIM Commercial" or the "Company"), a Maryland corporation and real estate investment trust ("REIT"), together with its wholly-owned subsidiaries ("we," "us" or "our"), primarily acquires, owns, and operates Class A and creative office assets 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:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">July 8, 2013</font><font style="font-family:inherit;font-size:10pt;">, PMC Commercial entered into a merger agreement (the "Merger Agreement") with CIM Urban REIT, LLC ("CIM REIT"), an affiliate of CIM Group, L.P. ("CIM Group" or "CIM"), 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 </font><font style="font-family:inherit;font-size:10pt;">March 11, 2014</font><font style="font-family:inherit;font-size:10pt;"> (the "Acquisition Date"). As a result of the Merger and related transactions, CIM Urban became our wholly-owned subsidiary.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our common stock, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share ("Common Stock"), is currently traded on the Nasdaq Global Market ("Nasdaq") and on the Tel Aviv Stock Exchange (the "TASE"), in each case under the ticker symbol "CMCT." Our Series L preferred stock, </font><font style="font-family:inherit;font-size:10pt;">$0.001</font><font style="font-family:inherit;font-size:10pt;"> par value per share ("Series L Preferred Stock"), is currently traded on Nasdaq and on the TASE, in each case under the ticker symbol "CMCTP." We have authorized for issuance </font><font style="font-family:inherit;font-size:10pt;">900,000,000</font><font style="font-family:inherit;font-size:10pt;"> 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;"> shares of preferred stock ("Preferred Stock").</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">CIM Commercial has qualified and intends to continue to qualify as a REIT, as defined in the Internal Revenue Code of 1986, as amended.</font></div></div> | ||
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Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;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, other than the adoption of Accounting Standards Update ("ASU") 2016-18 (as defined below) on January 1, 2018, which requires the inclusion of a reconciliation of cash and restricted cash in our consolidated statements of cash flows.</font></div></div> | ||
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Use Of Estimates
UseOfEstimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;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> |