2018 Q1 Form 10-Q Financial Statement

#000162828018003105 Filed on March 12, 2018

View on sec.gov

Income Statement

Concept 2018 Q1 2017 Q1
Revenue $42.72M $39.80M
YoY Change 7.33% -17.79%
Cost Of Revenue $20.04M $18.62M
YoY Change 7.63% -8.37%
Gross Profit $23.22M $21.61M
YoY Change 7.45% -23.07%
Gross Profit Margin 54.36% 54.3%
Selling, General & Admin $3.010M $4.170M
YoY Change -27.82% 42.32%
% of Gross Profit 12.96% 19.3%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.86M $6.200M
YoY Change 236.44% -59.21%
% of Gross Profit 89.83% 28.69%
Operating Expenses $21.39M $14.96M
YoY Change 42.98% -4.53%
Operating Profit -$1.794M $6.650M
YoY Change -126.98% -46.46%
Interest Expense $8.296M $8.832M
YoY Change -6.07% -202.82%
% of Operating Profit 132.81%
Other Income/Expense, Net $16.00K $155.0K
YoY Change -89.68% 10.71%
Pretax Income $5.120M $220.0K
YoY Change 2227.27% -95.78%
Income Tax
% Of Pretax Income
Net Earnings $136.1M $23.11M
YoY Change 488.94% -41.93%
Net Earnings / Revenue 318.63% 58.07%
Basic Earnings Per Share
Diluted Earnings Per Share $11.37M $1.905M
COMMON SHARES
Basic Shares Outstanding 11.97M shares 121.3M shares
Diluted Shares Outstanding 13.40M shares 137.4M shares

Balance Sheet

Concept 2018 Q1 2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $22.70M $57.00M
YoY Change -60.18% 21.02%
Cash & Equivalents $24.42M $57.00M
Short-Term Investments
Other Short-Term Assets $4.100M
YoY Change 5.13%
Inventory
Prepaid Expenses
Receivables $11.70M
Other Receivables $0.00
Total Short-Term Assets $22.70M $72.80M
YoY Change -68.82% -0.14%
LONG-TERM ASSETS
Property, Plant & Equipment $1.290B $1.383B
YoY Change -6.69% -11.16%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $121.3M $145.7M
YoY Change -16.75% 356.74%
Total Long-Term Assets $1.433B $1.536B
YoY Change -6.72% -5.34%
TOTAL ASSETS
Total Short-Term Assets $22.70M $72.80M
Total Long-Term Assets $1.433B $1.536B
Total Assets $1.456B $1.609B
YoY Change -9.53% -5.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $35.80M $41.40M
YoY Change -13.53% -15.16%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $35.80M $41.40M
YoY Change -13.53% -15.16%
LONG-TERM LIABILITIES
Long-Term Debt $689.9M $845.4M
YoY Change -18.39% -8.05%
Other Long-Term Liabilities $0.00 $93.80M
YoY Change -100.0% 722.81%
Total Long-Term Liabilities $689.9M $939.2M
YoY Change -26.54% 0.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $35.80M $41.40M
Total Long-Term Liabilities $689.9M $939.2M
Total Liabilities $725.7M $1.062B
YoY Change -31.67% -0.46%
SHAREHOLDERS EQUITY
Retained Earnings -$364.7M
YoY Change
Common Stock $910.2M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $645.3M $547.1M
YoY Change
Total Liabilities & Shareholders Equity $1.456B $1.609B
YoY Change -9.53% -5.11%

Cashflow Statement

Concept 2018 Q1 2017 Q1
OPERATING ACTIVITIES
Net Income $136.1M $23.11M
YoY Change 488.94% -41.93%
Depreciation, Depletion And Amortization $20.86M $6.200M
YoY Change 236.44% -59.21%
Cash From Operating Activities $3.749M $20.30M
YoY Change -81.53% 61.11%
INVESTING ACTIVITIES
Capital Expenditures -$226.3M -$16.10M
YoY Change 1305.59% -55.28%
Acquisitions
YoY Change
Other Investing Activities -$24.00K $73.80M
YoY Change -100.03% 1241.82%
Cash From Investing Activities -$101.2M $57.70M
YoY Change -275.35% -288.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $1.442M
YoY Change
Debt Paid & Issued, Net $42.80M
YoY Change
Cash From Financing Activities -$160.3M -89.70M
YoY Change 78.73% -997.0%
NET CHANGE
Cash From Operating Activities $3.749M 20.30M
Cash From Investing Activities -$101.2M 57.70M
Cash From Financing Activities -$160.3M -89.70M
Net Change In Cash -$257.8M -11.70M
YoY Change 2103.0% 46.25%
FREE CASH FLOW
Cash From Operating Activities $3.749M $20.30M
Capital Expenditures -$226.3M -$16.10M
Free Cash Flow $230.0M $36.40M
YoY Change 532.0% -25.1%

Facts In Submission

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CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
44803000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
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us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
164626000 USD
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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22059000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
39554000 USD
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
130990000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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146877000 USD
CY2017Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
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0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
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0.33
CY2018Q1 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
1.09
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
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1.22
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
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-2813000 USD
us-gaap Income Loss Including Portion Attributable To Noncontrolling Interest
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152325000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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2664000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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-3189000 USD
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5665000 USD
us-gaap Increase Decrease In Other Operating Assets
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CY2017Q1 us-gaap Interest And Other Income
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427000 USD
us-gaap Interest And Other Income
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685000 USD
CY2018Q1 us-gaap Interest And Other Income
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433000 USD
us-gaap Interest And Other Income
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916000 USD
CY2017Q1 us-gaap Interest Expense
InterestExpense
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CY2018Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
408000 USD
us-gaap Investment Income Interest
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354000 USD
us-gaap Investment Income Interest
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628000 USD
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us-gaap Interest Expense
InterestExpense
26033000 USD
CY2018Q1 us-gaap Interest Expense
InterestExpense
9236000 USD
us-gaap Interest Expense
InterestExpense
25876000 USD
us-gaap Interest Paid
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us-gaap Interest Paid
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us-gaap Interest Paid Capitalized
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298000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
0 USD
CY2017Q1 us-gaap Investment Income Interest
InvestmentIncomeInterest
272000 USD
CY2018Q1 us-gaap Investments
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1290028000 USD
CY2017Q2 us-gaap Land Available For Development
LandAvailableForDevelopment
18455000 USD
CY2018Q1 us-gaap Land Available For Development
LandAvailableForDevelopment
15123000 USD
CY2017Q2 us-gaap Liabilities
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CY2018Q1 us-gaap Liabilities
Liabilities
725663000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1474514000 USD
CY2018Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1455695000 USD
CY2017Q2 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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130904000 USD
CY2018Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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0 USD
CY2017Q2 us-gaap Line Of Credit
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57050000 USD
CY2018Q1 us-gaap Line Of Credit
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67000000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Loans In Process
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16200000 USD
CY2018Q1 us-gaap Loans And Leases Receivable Loans In Process
LoansAndLeasesReceivableLoansInProcess
6000000 USD
CY2017Q2 us-gaap Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
0 USD
CY2018Q1 us-gaap Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
10329000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
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CY2018Q1 us-gaap Long Term Debt
LongTermDebt
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us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
7366000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
246000 USD
CY2017Q2 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
73233000 USD
CY2018Q1 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
76915000 USD
CY2017Q2 us-gaap Minority Interest In Preferred Unit Holders
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1924000 USD
CY2018Q1 us-gaap Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
1169000 USD
us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
0 USD
us-gaap Mortgage Loan Related To Property Sales1
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10329000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-146789000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-168249000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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81391000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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120112000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
55699000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
41984000 USD
CY2017Q1 us-gaap Net Income Loss
NetIncomeLoss
23110000 USD
us-gaap Net Income Loss
NetIncomeLoss
13067000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
136105000 USD
us-gaap Net Income Loss
NetIncomeLoss
137662000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19172000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3372000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
134331000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
127141000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
21697000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
150567000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
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142506000 USD
us-gaap Noncontrolling Interest Decrease From Deconsolidation
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4938000 USD
CY2017Q1 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
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2525000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
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403000 USD
CY2018Q1 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
16236000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
15365000 USD
CY2017Q1 us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
-446000 USD
us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
-16585000 USD
CY2018Q1 us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
-413000 USD
us-gaap Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
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-1239000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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7188000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
239000 USD
CY2018Q1 us-gaap Number Of Real Estate Properties
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99 property
CY2017Q4 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2016 us-gaap Number Of Reportable Segments
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CY2017Q1 us-gaap Operating Income Loss
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6650000 USD
us-gaap Operating Income Loss
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CY2018Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1818000 USD
us-gaap Operating Income Loss
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us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
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CY2018Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
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us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
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CY2017Q2 us-gaap Other Assets
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CY2018Q1 us-gaap Other Assets
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us-gaap Other Comprehensive Income Loss Net Of Tax
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359000 USD
CY2017Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
0 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-72000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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CY2017Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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0 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
287000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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287000 USD
CY2017Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
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us-gaap Other Nonoperating Income Expense
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331000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
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CY2018Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
25000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
288000 USD
us-gaap Partners Capital Account Redemptions
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us-gaap Payments For Capital Improvements
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us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
14337000 USD
us-gaap Payments For Construction In Process
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16082000 USD
us-gaap Payments For Construction In Process
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us-gaap Payments For Proceeds From Other Investing Activities
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us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
us-gaap Payments For Repurchase Of Common Stock
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0 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
28752000 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
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115017000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
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8577000 USD
us-gaap Payments Of Distributions To Affiliates
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6332000 USD
us-gaap Payments Of Distributions To Affiliates
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us-gaap Payments Of Dividends Common Stock
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us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
25292000 USD
us-gaap Payments Of Dividends Minority Interest
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159000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
46000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8458000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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us-gaap Payments To Acquire Additional Interest In Subsidiaries
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4938000 USD
us-gaap Payments To Acquire Additional Interest In Subsidiaries
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0 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
10191000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
244878000 USD
CY2017Q1 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
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us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
1435000 USD
CY2018Q1 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
8000 USD
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
3657000 USD
us-gaap Proceeds From Construction Loans Payable
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us-gaap Proceeds From Construction Loans Payable
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3252000 USD
us-gaap Proceeds From Deposits On Real Estate Sales
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1370000 USD
us-gaap Proceeds From Deposits On Real Estate Sales
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38029000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
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275000 USD
us-gaap Proceeds From Insurance Settlement Investing Activities
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462000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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84150000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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0 USD
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
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99467000 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
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0 USD
us-gaap Proceeds From Issuance Of Unsecured Debt
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Lines Of Credit
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us-gaap Proceeds From Minority Shareholders
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538000 USD
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0 USD
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0 USD
us-gaap Proceeds From Payments For Other Financing Activities
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us-gaap Proceeds From Sale Of Real Estate
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112932000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
426131000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
25189000 USD
us-gaap Profit Loss
ProfitLoss
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CY2018Q1 us-gaap Profit Loss
ProfitLoss
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us-gaap Profit Loss
ProfitLoss
151788000 USD
CY2017Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
283023000 USD
CY2018Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2017Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
255599000 USD
CY2018Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
304149000 USD
CY2017Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1358529000 USD
CY2018Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1568725000 USD
CY2017Q2 us-gaap Real Estate Investment Property Net
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CY2018Q1 us-gaap Real Estate Investment Property Net
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CY2017Q1 us-gaap Real Estate Revenue Net
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40228000 USD
us-gaap Real Estate Revenue Net
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CY2018Q1 us-gaap Real Estate Revenue Net
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43254000 USD
us-gaap Real Estate Revenue Net
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127380000 USD
CY2017Q1 us-gaap Real Estate Tax Expense
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4048000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
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CY2018Q1 us-gaap Real Estate Tax Expense
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4609000 USD
us-gaap Real Estate Tax Expense
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13872000 USD
us-gaap Repayments Of Construction Loans Payable
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49080000 USD
us-gaap Repayments Of Construction Loans Payable
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21689000 USD
us-gaap Repayments Of Lines Of Credit
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us-gaap Repayments Of Lines Of Credit
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us-gaap Repayments Of Long Term Debt
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242912000 USD
us-gaap Repayments Of Long Term Debt
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154561000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
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27981000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
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121337000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
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us-gaap Share Based Compensation
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us-gaap Share Based Compensation
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1124000 USD
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1756000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
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1216000 USD
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P1Y
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38400000 USD
us-gaap Stock Repurchased During Period Value
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28752000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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us-gaap Stock Repurchased During Period Value
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CY2017Q2 us-gaap Stockholders Equity
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CY2018Q1 us-gaap Stockholders Equity
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645304000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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718262000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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621199000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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723388000 USD
us-gaap Stockholders Equity Other
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0 USD
us-gaap Stockholders Equity Other
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29000 USD
CY2017Q2 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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7181000 USD
CY2018Q1 us-gaap Temporary Equity Carrying Amount Attributable To Parent
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6644000 USD
CY2017Q1 us-gaap Tenant Reimbursements
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838000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
2321000 USD
CY2018Q1 us-gaap Tenant Reimbursements
TenantReimbursements
396000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
1949000 USD
us-gaap Transfer Mortgage Payable
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10549000 USD
us-gaap Transfer Mortgage Payable
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23300000 USD
CY2017Q2 us-gaap Unsecured Debt
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CY2018Q1 us-gaap Unsecured Debt
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69483000 USD
CY2017Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
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16120000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
16229000 shares
CY2018Q1 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
14434000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
14768000 shares
CY2017Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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us-gaap Weighted Average Number Of Diluted Shares Outstanding
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137404000 shares
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134175000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
134870000 shares
CY2017Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
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121255000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121175000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
119741000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
120102000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">RECLASSIFICATIONS</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain previously reported amounts have been reclassified to conform to the current financial statement presentation.&#160;&#160;On the Condensed Consolidated Statements of Operations, we reclassified other expenses into general and administrative expenses.</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We report in discontinued operations the results of operations and the related gains or losses of properties that have either been disposed or classified as held for sale and for which the disposition represents a strategic shift that has or will have a major effect on our operations and financial results. As the result of discontinued operations, retroactive reclassifications that change prior period numbers have been made. We classified as discontinued operations </font><font style="font-family:inherit;font-size:10pt;">27</font><font style="font-family:inherit;font-size:10pt;"> healthcare properties that were sold during the third quarter of fiscal year 2018. </font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">USE OF ESTIMATES</font></div><div style="line-height:120%;padding-bottom:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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0001628280-18-003105-index-headers.html Edgar Link pending
0001628280-18-003105-index.html Edgar Link pending
0001628280-18-003105.txt Edgar Link pending
0001628280-18-003105-xbrl.zip Edgar Link pending
exhibit101purchaseandsalea.htm Edgar Link pending
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