2015 Q4 Form 10-Q Financial Statement

#000149854715000018 Filed on November 13, 2015

View on sec.gov

Income Statement

Concept 2015 Q4 2015 Q3 2014 Q3
Revenue $97.05M $94.19M $64.59M
YoY Change 16.54% 45.82% 112.99%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.50M $14.30M
YoY Change 43.38% 125.31%
% of Gross Profit
Operating Expenses $59.49M $60.89M
YoY Change -2.3% 104.52%
Operating Profit $29.25M $34.70M $3.698M
YoY Change 43.52% 838.24% 569.93%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$16.21M -$7.845M
YoY Change 106.64% 9.87%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $13.08M $18.45M -$4.156M
YoY Change 42.22% -543.98% -36.92%
Net Earnings / Revenue 13.48% 19.59% -6.43%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 311.1M shares 309.9M shares 301.5M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2015 Q4 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $26.32M $34.59M $85.49M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $18.36M $18.53M $19.25M
YoY Change -4.23% -3.75%
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.582B $4.500B $3.746B
YoY Change 13.66% 20.14% 111.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $2.195B $2.097B $1.282B
YoY Change 38.66% 63.62% 79.49%
SHAREHOLDERS EQUITY
Retained Earnings -$408.6M -$372.5M -$241.3M
YoY Change 45.9% 54.38% 239.92%
Common Stock $2.610B $2.610B $2.611B
YoY Change 0.0% 0.0% 134.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.197B $2.225B $2.367B
YoY Change
Total Liabilities & Shareholders Equity $4.582B $4.500B $3.746B
YoY Change 13.66% 20.14% 111.91%

Cashflow Statement

Concept 2015 Q4 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $13.08M $18.45M -$4.156M
YoY Change 42.22% -543.98% -36.92%
Depreciation, Depletion And Amortization $20.50M $14.30M
YoY Change 43.38% 125.31%
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
25355000 USD
CY2015Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
44358000 USD
CY2015Q3 us-gaap Accounts Receivable Net
AccountsReceivableNet
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CY2014Q4 us-gaap Accounts Receivable Net
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CY2014Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
6781000 USD
CY2015Q3 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
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CY2014Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2015Q3 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2015Q3 us-gaap Additional Paid In Capital Common Stock
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us-gaap Adjustment For Amortization
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us-gaap Adjustment For Amortization
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CY2015Q3 us-gaap Adjustment For Amortization
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CY2014Q3 us-gaap Adjustment For Amortization
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CY2015Q3 us-gaap Allowance For Doubtful Accounts Receivable
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CY2014Q4 us-gaap Allowance For Doubtful Accounts Receivable
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us-gaap Amortization Of Financing Costs
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us-gaap Amortization Of Financing Costs
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Assets
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CY2015Q3 us-gaap Assets
Assets
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us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
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us-gaap Business Combination Acquisition Related Costs
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us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Property Concentrations</font></div><div style="line-height:120%;padding-top:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> single tenant accounted for greater than </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">10%</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> gross annualized rental revenues. The Company had certain geographic concentrations in its property holdings. In particular, as of </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">September&#160;30, 2015</font><font style="font-family:inherit;font-size:10pt;">, </font><font style="font-family:inherit;font-size:10pt;">77</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s properties were located in </font><font style="font-family:inherit;font-size:10pt;">California</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">101</font><font style="font-family:inherit;font-size:10pt;"> of the Company&#8217;s properties were located in </font><font style="font-family:inherit;font-size:10pt;">Texas</font><font style="font-family:inherit;font-size:10pt;">, which accounted for </font><font style="font-family:inherit;font-size:10pt;">11%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">10%</font><font style="font-family:inherit;font-size:10pt;">, respectively, of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> gross annualized rental revenues. In addition, the Company had tenants in the </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">discount store</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">pharmacy</font><font style="font-family:inherit;font-size:10pt;"> industries, which comprised </font><font style="font-family:inherit;font-size:10pt;">14%</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">11%</font><font style="font-family:inherit;font-size:10pt;">, respectively, of the Company&#8217;s </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">2015</font><font style="font-family:inherit;font-size:10pt;"> gross annualized rental revenues.</font></div></div>
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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us-gaap Business Combination Contingent Consideration Arrangements Change In Amount Of Contingent Consideration Liability1
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2014Q4 us-gaap Common Stock Shares Authorized
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us-gaap Comprehensive Income Net Of Tax
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us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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us-gaap Increase Decrease In Due To Affiliates
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Debt Instrument Increase Decrease Other Net
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us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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us-gaap Increase Decrease In Restricted Cash
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us-gaap Increase Decrease In Restricted Cash
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases
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us-gaap Interest Paid
InterestPaid
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us-gaap Interest Paid
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Land
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Land
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CY2015Q3 us-gaap Liabilities
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CY2014Q4 us-gaap Liabilities
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CY2014Q4 us-gaap Liabilities And Stockholders Equity
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Earnings Per Share Basic And Diluted
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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us-gaap Net Income Loss
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us-gaap Net Income Loss
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us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Settlements
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Operating Expenses
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us-gaap Operating Income Loss
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us-gaap Depreciation
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us-gaap Depreciation
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Nonoperating Income Expense
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OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
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us-gaap Payments For Deposits On Real Estate Acquisitions
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us-gaap Payments For Deposits On Real Estate Acquisitions
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us-gaap Payments For Proceeds From Deposit On Loan
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us-gaap Payments For Proceeds From Deposit On Loan
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0 USD
us-gaap Payments For Repurchase Of Common Stock
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us-gaap Payments For Repurchase Of Common Stock
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CY2015Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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4529000 USD
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CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
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5437000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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48085000 USD
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FiniteLivedIntangibleAssetsNet
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us-gaap Gain Loss On Sale Of Investments
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CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
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CY2015Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
5068000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
14882000 USD
CY2014Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
3804000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
10505000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
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CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
16189000 USD
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15973000 USD
CY2014Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15539000 USD
CY2014Q4 us-gaap Due From Affiliates
DueFromAffiliates
470000 USD
CY2015Q3 us-gaap Due From Affiliates
DueFromAffiliates
3000 USD
CY2014Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
5473000 USD
CY2015Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
5386000 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
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us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8832000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2664000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8546000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2555000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
660000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
563000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Gain Loss Included In Earnings
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
1756000 USD
us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-467000 USD
us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
10289000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8931000 USD
CY2015Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
us-gaap Payments Of Dividends
PaymentsOfDividends
53405000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6082000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
777000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
84914000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
1320383000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
472116000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
24173000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
60178000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
51818000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
200000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3904670000 USD
CY2014Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
5831000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
24908000 USD
CY2015Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
9361000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
15626000 USD
us-gaap Profit Loss
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1989000 USD
CY2014Q3 us-gaap Profit Loss
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us-gaap Profit Loss
ProfitLoss
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us-gaap Proceeds From Minority Shareholders
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762000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
965000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
206000 USD
us-gaap Proceeds From Payments For Other Financing Activities
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-689000 USD
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
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CY2015Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the Company&#8217;s prior period consolidated financial statements have been reclassified to conform to the current period presentation. The Company has chosen to break out the details of (i) real estate tax expenses in the Company&#8217;s condensed consolidated statements of operations, (ii) amount of loss reclassified from accumulated other comprehensive (loss) income into income as interest expense in the Company&#8217;s condensed consolidated statements of comprehensive income (loss), and (iii) straight-line rental income, fair value adjustment to contingent consideration, and real estate developments in the Company&#8217;s condensed consolidated statement of cash flows.&#160; As such, the corresponding prior period amounts have also been broken out into separate line items to conform to the current financial statement presentation. The reclassifications for the three and nine months ended September 30, 2014 had no effect on previously reported totals or subtotals.</font></div></div>
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
837668000 USD
us-gaap Proceeds From Issuance Of Debt
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928366000 USD
CY2015Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
1086000 USD
CY2014Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
us-gaap Proceeds From Issuance Of Debt
ProceedsFromIssuanceOfDebt
450000000 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
18485000 USD
CY2015Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
137539000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
78186000 USD
CY2015Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4370916000 USD
us-gaap Stock Issued During Period Value New Issues
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84244000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
469405000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
289000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
469405000 USD
CY2015Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9508000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4560000 USD
CY2015Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-372549000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
2224648000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
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us-gaap Straight Line Rent
StraightLineRent
5582000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-280035000 USD
us-gaap Revenues
Revenues
270679000 USD
us-gaap Revenues
Revenues
173003000 USD
CY2014Q3 us-gaap Revenues
Revenues
64591000 USD
CY2015Q3 us-gaap Revenues
Revenues
94188000 USD
us-gaap Straight Line Rent
StraightLineRent
8923000 USD
CY2015Q3 us-gaap Share Price
SharePrice
9.70
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
76349000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
84244000 USD
dei Entity Central Index Key
EntityCentralIndexKey
0001498547
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2014Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
2700000 USD
us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-56082000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
34207000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
23133000 USD
CY2015Q3 us-gaap Tenant Reimbursements
TenantReimbursements
12230000 USD
CY2014Q3 us-gaap Tenant Reimbursements
TenantReimbursements
8069000 USD
CY2015Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
311100000 shares
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
ccptiv Change In Escrowed Investor Proceeds
ChangeInEscrowedInvestorProceeds
0 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:12px;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">from those estimates.</font></div></div>
CY2015Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
310373519 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
288015506 shares
CY2014Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
301550277 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
308443392 shares
CY2014Q4 ccptiv Accumulated Amortization On Acquired Below Market Lease Intangibles
AccumulatedAmortizationOnAcquiredBelowMarketLeaseIntangibles
8807000 USD
CY2015Q3 ccptiv Accumulated Amortization On Acquired Below Market Lease Intangibles
AccumulatedAmortizationOnAcquiredBelowMarketLeaseIntangibles
13888000 USD
CY2015Q3 ccptiv Advisory Fees And Expenses
AdvisoryFeesAndExpenses
8926000 USD
ccptiv Advisory Fees And Expenses
AdvisoryFeesAndExpenses
25733000 USD
ccptiv Advisory Fees And Expenses
AdvisoryFeesAndExpenses
16078000 USD
CY2014Q3 ccptiv Advisory Fees And Expenses
AdvisoryFeesAndExpenses
6011000 USD
ccptiv Amortization Of Intangible Lease Assets And Below Market Lease Intangibles Net
AmortizationOfIntangibleLeaseAssetsAndBelowMarketLeaseIntangiblesNet
29795000 USD
ccptiv Amortization Of Intangible Lease Assets And Below Market Lease Intangibles Net
AmortizationOfIntangibleLeaseAssetsAndBelowMarketLeaseIntangiblesNet
19227000 USD
ccptiv Amortizationof Debt Fair Value Adjustment
AmortizationofDebtFairValueAdjustment
73000 USD
ccptiv Amortizationof Debt Fair Value Adjustment
AmortizationofDebtFairValueAdjustment
278000 USD
CY2014Q4 ccptiv Buildings And Improvements Net
BuildingsAndImprovementsNet
2539770000 USD
CY2015Q3 ccptiv Buildings And Improvements Net
BuildingsAndImprovementsNet
2871358000 USD
CY2015Q3 ccptiv Cash On Deposit Number Of Financial Institutions
CashOnDepositNumberOfFinancialInstitutions
11 financial_institution
CY2015Q3 ccptiv Cash On Deposit Number Of Financial Institutions Which Have Deposits In Excess Of Current Federally Insured Limits
CashOnDepositNumberOfFinancialInstitutionsWhichHaveDepositsInExcessOfCurrentFederallyInsuredLimits
4 financial_institution
ccptiv Change In Escrowed Investor Proceeds
ChangeInEscrowedInvestorProceeds
-5147000 USD
CY2014Q2 ccptiv Consolidated Joint Venture Options Vesting Period
ConsolidatedJointVentureOptionsVestingPeriod
P2Y
ccptiv Debt Instrument Weighted Average Yearsto Maturity1
DebtInstrumentWeightedAverageYearstoMaturity1
P4Y3M
CY2014Q4 ccptiv Deferred Rental Income Derivative And Other Liabilities
DeferredRentalIncomeDerivativeAndOtherLiabilities
21710000 USD
CY2015Q3 ccptiv Deferred Rental Income Derivative And Other Liabilities
DeferredRentalIncomeDerivativeAndOtherLiabilities
29521000 USD
ccptiv Fair Value Assets And Liabilities Transfers Amount
FairValueAssetsAndLiabilitiesTransfersAmount
0 USD
ccptiv Increase Decrease In Deferred Rent And Other Liabilities
IncreaseDecreaseInDeferredRentAndOtherLiabilities
2681000 USD
ccptiv Increase Decrease In Deferred Rent And Other Liabilities
IncreaseDecreaseInDeferredRentAndOtherLiabilities
-2554000 USD
dei Document Period End Date
DocumentPeriodEndDate
2015-09-30
dei Entity Registrant Name
EntityRegistrantName
COLE CREDIT PROPERTY TRUST IV, INC.
ccptiv Increase Decrease In Rents And Tenant Receivables
IncreaseDecreaseInRentsAndTenantReceivables
2303000 USD
ccptiv Increase Decrease In Rents And Tenant Receivables
IncreaseDecreaseInRentsAndTenantReceivables
6598000 USD
ccptiv Issuance And Assumption Of Debt
IssuanceAndAssumptionOfDebt
943346000 USD
CY2015Q3 ccptiv Number Of Land Parcels
NumberOfLandParcels
1 land_parcel
CY2015Q3 ccptiv Percentage Of Rentable Space Leased
PercentageOfRentableSpaceLeased
0.98
dei Document Type
DocumentType
10-Q
ccptiv Property Escrow Deposits Due To Affiliates
PropertyEscrowDepositsDueToAffiliates
0 USD
ccptiv Property Escrow Deposits Due To Affiliates
PropertyEscrowDepositsDueToAffiliates
70254000 USD
CY2015Q3 ccptiv Real Estate Investment Property Netand Investmentsinand Advancesto Affiliates Subsidiaries Associatesand Joint Ventures
RealEstateInvestmentPropertyNetandInvestmentsinandAdvancestoAffiliatesSubsidiariesAssociatesandJointVentures
4389441000 USD
CY2014Q4 ccptiv Real Estate Investment Property Netand Investmentsinand Advancesto Affiliates Subsidiaries Associatesand Joint Ventures
RealEstateInvestmentPropertyNetandInvestmentsinandAdvancestoAffiliatesSubsidiariesAssociatesandJointVentures
3923840000 USD
CY2015Q3 ccptiv Real Estate Investment Property Potentially Impaired Property Value
RealEstateInvestmentPropertyPotentiallyImpairedPropertyValue
2700000 USD
ccptiv Refund Of Property Escrow Deposits
RefundOfPropertyEscrowDeposits
4335000 USD
ccptiv Refund Of Property Escrow Deposits
RefundOfPropertyEscrowDeposits
7863000 USD
ccptiv Refundof Loan Deposits
RefundofLoanDeposits
545000 USD
ccptiv Refundof Loan Deposits
RefundofLoanDeposits
2742000 USD
ccptiv Return Of Investment In Unconsolidated Joint Venture
ReturnOfInvestmentInUnconsolidatedJointVenture
0 USD
ccptiv Return Of Investment In Unconsolidated Joint Venture
ReturnOfInvestmentInUnconsolidatedJointVenture
405000 USD
ccptiv Stock Redeemedor Called During Period Value Netof Retired
StockRedeemedorCalledDuringPeriodValueNetofRetired
28165000 USD
CY2015Q3 ccptiv Temporary Equity Carrying Amountand Stockholders Equity Attributableto Noncontrolling Interest
TemporaryEquityCarryingAmountandStockholdersEquityAttributabletoNoncontrollingInterest
178700000 USD
CY2014Q4 ccptiv Temporary Equity Carrying Amountand Stockholders Equity Attributableto Noncontrolling Interest
TemporaryEquityCarryingAmountandStockholdersEquityAttributabletoNoncontrollingInterest
121972000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3

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