2019 Q1 Form 10-Q Financial Statement
#000162828019006296 Filed on May 08, 2019
Income Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
Revenue | $45.61M | $42.72M |
YoY Change | 6.77% | 7.33% |
Cost Of Revenue | $1.554M | $20.04M |
YoY Change | -92.25% | 7.63% |
Gross Profit | $44.05M | $23.22M |
YoY Change | 89.72% | 7.45% |
Gross Profit Margin | 96.59% | 54.36% |
Selling, General & Admin | $3.810M | $3.010M |
YoY Change | 26.58% | -27.82% |
% of Gross Profit | 8.65% | 12.96% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $18.41M | $20.86M |
YoY Change | -11.73% | 236.44% |
% of Gross Profit | 41.8% | 89.83% |
Operating Expenses | $21.92M | $21.39M |
YoY Change | 2.48% | 42.98% |
Operating Profit | $1.460M | -$1.794M |
YoY Change | -181.38% | -126.98% |
Interest Expense | $7.896M | $8.296M |
YoY Change | -4.82% | -6.07% |
% of Operating Profit | 540.82% | |
Other Income/Expense, Net | $17.00K | $16.00K |
YoY Change | 6.25% | -89.68% |
Pretax Income | -$5.960M | $5.120M |
YoY Change | -216.41% | 2227.27% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$4.698M | $136.1M |
YoY Change | -103.45% | 488.94% |
Net Earnings / Revenue | -10.3% | 318.63% |
Basic Earnings Per Share | -$0.54 | |
Diluted Earnings Per Share | -$0.54 | $11.37M |
COMMON SHARES | ||
Basic Shares Outstanding | 11.76M shares | 11.97M shares |
Diluted Shares Outstanding | 13.23M shares | 13.40M shares |
Balance Sheet
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $23.30M | $22.70M |
YoY Change | 2.64% | -60.18% |
Cash & Equivalents | $23.33M | $24.42M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | ||
Other Receivables | ||
Total Short-Term Assets | $23.30M | $22.70M |
YoY Change | 2.64% | -68.82% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.314B | $1.290B |
YoY Change | 1.86% | -6.69% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $4.800M | $121.3M |
YoY Change | -96.04% | -16.75% |
Total Long-Term Assets | $1.348B | $1.433B |
YoY Change | -5.93% | -6.72% |
TOTAL ASSETS | ||
Total Short-Term Assets | $23.30M | $22.70M |
Total Long-Term Assets | $1.348B | $1.433B |
Total Assets | $1.371B | $1.456B |
YoY Change | -5.8% | -9.53% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $37.50M | $35.80M |
YoY Change | 4.75% | -13.53% |
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 | $37.50M | $35.80M |
YoY Change | 4.75% | -13.53% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $693.7M | $689.9M |
YoY Change | 0.55% | -18.39% |
Other Long-Term Liabilities | $3.200M | $0.00 |
YoY Change | -100.0% | |
Total Long-Term Liabilities | $696.9M | $689.9M |
YoY Change | 1.01% | -26.54% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $37.50M | $35.80M |
Total Long-Term Liabilities | $696.9M | $689.9M |
Total Liabilities | $734.4M | $725.7M |
YoY Change | 1.2% | -31.67% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$443.7M | -$364.7M |
YoY Change | 21.66% | |
Common Stock | $895.4M | $910.2M |
YoY Change | -1.63% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $548.0M | $645.3M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.371B | $1.456B |
YoY Change | -5.8% | -9.53% |
Cashflow Statement
Concept | 2019 Q1 | 2018 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$4.698M | $136.1M |
YoY Change | -103.45% | 488.94% |
Depreciation, Depletion And Amortization | $18.41M | $20.86M |
YoY Change | -11.73% | 236.44% |
Cash From Operating Activities | $6.292M | $3.749M |
YoY Change | 67.83% | -81.53% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$28.50M | -$226.3M |
YoY Change | -87.41% | 1305.59% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$109.0K | -$24.00K |
YoY Change | 354.17% | -100.03% |
Cash From Investing Activities | -$25.52M | -$101.2M |
YoY Change | -74.78% | -275.35% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $8.815M | $1.442M |
YoY Change | 511.3% | |
Debt Paid & Issued, Net | $13.50M | $42.80M |
YoY Change | -68.45% | |
Cash From Financing Activities | $28.12M | -$160.3M |
YoY Change | -117.54% | 78.73% |
NET CHANGE | ||
Cash From Operating Activities | $6.292M | $3.749M |
Cash From Investing Activities | -$25.52M | -$101.2M |
Cash From Financing Activities | $28.12M | -$160.3M |
Net Change In Cash | $8.892M | -$257.8M |
YoY Change | -103.45% | 2103.0% |
FREE CASH FLOW | ||
Cash From Operating Activities | $6.292M | $3.749M |
Capital Expenditures | -$28.50M | -$226.3M |
Free Cash Flow | $34.79M | $230.0M |
YoY Change | -84.88% | 532.0% |
Facts In Submission
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Adjustments To Accounts Payable Included Within Real Estate Investments
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Depreciation And Amortization Including Related To Non Real Estate Investments
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|
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Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
0 | USD |
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Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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|
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CY2019Q1 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
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|
0 | USD |
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Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
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1.04 | |
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Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
|
0.00 | |
CY2018Q1 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
6885000 | USD |
CY2019Q1 | us-gaap |
Income Loss Including Portion Attributable To Noncontrolling Interest
IncomeLossIncludingPortionAttributableToNoncontrollingInterest
|
-5843000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-3972000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-5355000 | USD |
CY2018Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5026000 | USD |
CY2019Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1542000 | USD |
CY2018Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
689000 | USD |
CY2019Q1 | us-gaap |
Interest And Other Income
InterestAndOtherIncome
|
424000 | USD |
CY2018Q1 | us-gaap |
Interest Expense
InterestExpense
|
8296000 | USD |
CY2019Q1 | us-gaap |
Interest Expense
InterestExpense
|
7896000 | USD |
CY2018Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
8114000 | USD |
CY2019Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
7350000 | USD |
CY2018Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
673000 | USD |
CY2019Q1 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
407000 | USD |
CY2018Q4 | us-gaap |
Investments
Investments
|
1289476000 | USD |
CY2019Q1 | us-gaap |
Investments
Investments
|
1313998000 | USD |
CY2018Q4 | us-gaap |
Land Available For Development
LandAvailableForDevelopment
|
5301000 | USD |
CY2019Q1 | us-gaap |
Land Available For Development
LandAvailableForDevelopment
|
2252000 | USD |
CY2019Q1 | us-gaap |
Lease Income
LeaseIncome
|
44826000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
|
23875000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
|
3108000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
|
3344000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
|
2751000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
|
7967000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
|
3356000 | USD |
CY2019Q1 | us-gaap |
Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
|
3349000 | USD |
CY2018Q4 | us-gaap |
Liabilities
Liabilities
|
686580000 | USD |
CY2019Q1 | us-gaap |
Liabilities
Liabilities
|
734360000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
28121000 | USD |
CY2018Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1335997000 | USD |
CY2019Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
1371312000 | USD |
CY2018Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
57500000 | USD |
CY2019Q1 | us-gaap |
Line Of Credit
LineOfCredit
|
118677000 | USD |
CY2019Q1 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
6000000 | USD |
CY2017Q3 | us-gaap |
Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
|
11000000 | USD |
CY2019Q1 | us-gaap |
Loans Receivable Commercial Mortgage
LoansReceivableCommercialMortgage
|
10300000 | USD |
CY2018Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
444197000 | USD |
CY2019Q1 | us-gaap |
Long Term Debt
LongTermDebt
|
430950000 | USD |
CY2019Q1 | us-gaap |
Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
|
-5794000 | USD |
CY2018Q4 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
67916000 | USD |
CY2019Q1 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
66060000 | USD |
CY2018Q4 | us-gaap |
Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
|
6747000 | USD |
CY2019Q1 | us-gaap |
Minority Interest In Preferred Unit Holders
MinorityInterestInPreferredUnitHolders
|
6295000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-160325000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-101175000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-25521000 | USD |
CY2018Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
3749000 | USD |
CY2019Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
6292000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6604000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-4698000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
|
-174000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
4899000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-6403000 | USD |
CY2018Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
5479000 | USD |
CY2019Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-7146000 | USD |
CY2018Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
0 | USD |
CY2019Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
|
16560000 | USD |
CY2018Q1 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
|
580000 | USD |
CY2019Q1 | us-gaap |
Noncontrolling Interest In Net Income Loss Operating Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsNonredeemable
|
-743000 | USD |
CY2018Q1 | us-gaap |
Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
|
-520000 | USD |
CY2019Q1 | us-gaap |
Noncontrolling Interest In Net Income Loss Preferred Unit Holders Nonredeemable
NoncontrollingInterestInNetIncomeLossPreferredUnitHoldersNonredeemable
|
-576000 | USD |
CY2019Q1 | us-gaap |
Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
|
4549000 | USD |
CY2019Q1 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
88 | property |
CY2019Q1 | us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment |
CY2018Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
-1794000 | USD |
CY2019Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
1460000 | USD |
CY2019Q1 | us-gaap |
Operating Lease Lease Income
OperatingLeaseLeaseIncome
|
44826000 | USD |
CY2018Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
40225000 | USD |
CY2018Q4 | us-gaap |
Other Assets
OtherAssets
|
27265000 | USD |
CY2019Q1 | us-gaap |
Other Assets
OtherAssets
|
29166000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
|
-2282000 | USD |
CY2019Q1 | us-gaap |
Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
|
1000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Adjustments After Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAdjustmentsAfterTax
|
-102000 | USD |
CY2018Q1 | us-gaap |
Other Comprehensive Income Loss Derivative Excluded Component Increase Decrease Before Adjustments After Tax
OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseBeforeAdjustmentsAfterTax
|
1720000 | USD |
CY2018Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-835000 | USD |
CY2019Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
-374000 | USD |
CY2018Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
16000 | USD |
CY2019Q1 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
17000 | USD |
CY2018Q1 | us-gaap |
Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
|
0 | USD |
CY2019Q1 | us-gaap |
Partners Capital Account Units Converted
PartnersCapitalAccountUnitsConverted
|
1.37931 | shares |
CY2018Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
2504000 | USD |
CY2019Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
801000 | USD |
CY2018Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-24000 | USD |
CY2019Q1 | us-gaap |
Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
|
-109000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
1442000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
8815000 | USD |
CY2018Q1 | us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
2237000 | USD |
CY2019Q1 | us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
156000 | USD |
CY2018Q1 | us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
990000 | USD |
CY2019Q1 | us-gaap |
Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
|
957000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
8405000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
8336000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
53000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
50000 | USD |
CY2018Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
1705000 | USD |
CY2019Q1 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
0 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
0 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
1200000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
|
1239000 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
4493000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
|
0 | USD |
CY2018Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
128934000 | USD |
CY2019Q1 | us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
27741000 | USD |
CY2018 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.06625 | |
CY2018Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
0 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
|
57000 | USD |
CY2018Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.4140625 | |
CY2019Q1 | us-gaap |
Preferred Stock Dividends Per Share Declared
PreferredStockDividendsPerShareDeclared
|
0.4140625 | |
CY2018Q4 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25 | |
CY2019Q1 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25.00 | |
CY2019Q1 | us-gaap |
Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
|
25 | |
CY2018Q4 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
102971000 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
103000000 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
|
102971000 | USD |
CY2018Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
4118000 | shares |
CY2019Q1 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
4118000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
4100000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
4118000 | shares |
CY2018Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
353871000 | USD |
CY2019Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
371672000 | USD |
CY2018Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
1627636000 | USD |
CY2019Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
1673158000 | USD |
CY2018Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1273765000 | USD |
CY2019Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1301486000 | USD |
CY2018Q1 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
5021000 | USD |
CY2019Q1 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
5232000 | USD |
CY2018Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
5968000 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
4118000 | shares |
CY2019Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
4100000 | shares |
CY2018Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
99456000 | USD |
CY2019Q1 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
99456000 | USD |
CY2018Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
72000000 | USD |
CY2019Q1 | us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
79677000 | USD |
CY2018Q1 | us-gaap |
Profit Loss
ProfitLoss
|
6664000 | USD |
CY2019Q1 | us-gaap |
Profit Loss
ProfitLoss
|
-5960000 | USD |
CY2018Q1 | us-gaap |
Real Estate Insurance
RealEstateInsurance
|
50000 | USD |
CY2019Q1 | us-gaap |
Real Estate Insurance
RealEstateInsurance
|
641000 | USD |
CY2019Q1 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
0 | USD |
CY2018Q1 | us-gaap |
Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
|
21689000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Construction Loans Payable
RepaymentsOfConstructionLoansPayable
|
0 | USD |
CY2018Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
153000000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
18500000 | USD |
CY2018Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
42804000 | USD |
CY2019Q1 | us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
13503000 | USD |
CY2018Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
4053000 | USD |
CY2018Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
5464000 | USD |
CY2019Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
4819000 | USD |
CY2018Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-429048000 | USD |
CY2019Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-443661000 | USD |
CY2019Q1 | us-gaap |
Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
|
782000 | USD |
CY2019Q1 | us-gaap |
Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
|
one year or less | |
CY2018Q1 | us-gaap |
Revenues
Revenues
|
43035000 | USD |
CY2019Q1 | us-gaap |
Revenues
Revenues
|
45608000 | USD |
CY2018Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
425000 | USD |
CY2019Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
416000 | USD |
CY2018Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
441000 | USD |
CY2019Q1 | us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
436000 | USD |
CY2018Q4 | us-gaap |
Stock Repurchase Program Period In Force1
StockRepurchaseProgramPeriodInForce1
|
P1Y | |
CY2019Q1 | us-gaap |
Stock Repurchase Program Remaining Authorized Repurchase Amount1
StockRepurchaseProgramRemainingAuthorizedRepurchaseAmount1
|
24600000 | USD |
CY2018Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
1442000 | USD |
CY2019Q1 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
8815000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
568786000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
548037000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
714043000 | USD |
CY2018Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
708467000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
643449000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
620392000 | USD |
CY2018Q4 | us-gaap |
Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
|
0.10 | |
CY2018Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
-55000 | USD |
CY2019Q1 | us-gaap |
Stockholders Equity Other
StockholdersEquityOther
|
73000 | USD |
CY2018Q4 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
5968000 | USD |
CY2019Q1 | us-gaap |
Temporary Equity Carrying Amount Attributable To Parent
TemporaryEquityCarryingAmountAttributableToParent
|
0 | USD |
CY2018Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
143991000 | USD |
CY2019Q1 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
144036000 | USD |
CY2018Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1424000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
|
1367000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13396000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
13130000 | shares |
CY2018Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11972000 | shares |
CY2019Q1 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11763000 | shares |
CY2019Q1 | us-gaap |
Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
|
<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;">Common shares repurchased during the three months ended March 31, 2019 and 2018 are detailed in the table below.</font></div><div style="line-height:120%;padding-bottom:12px;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="11" rowspan="1"></td></tr><tr><td style="width:37%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:18%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:19%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="10" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:center;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-style:italic;font-weight:bold;">(in thousands, except per share amounts)</font></div></td></tr><tr><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Three months ended March 31,</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Number of Shares</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Aggregate Cost</font><font style="font-family:inherit;font-size:8pt;font-weight:bold;"><sup style="vertical-align:top;line-height:120%;font-size:5pt">(1)</sup></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;font-weight:bold;">Average Price Per Share</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2019</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">174</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">8,804</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">50.54</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">2018</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">29</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">1,442</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"> </font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">49.79</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div><table cellpadding="0" cellspacing="0" style="padding-bottom:12px;font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;padding-left:24px;"><font style="font-family:inherit;font-size:8pt;">(1)</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;font-size:8pt;"><font style="font-family:inherit;font-size:8pt;">Amount includes commissions.</font></div></td></tr></table></div> | |
CY2019Q1 | us-gaap |
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: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 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> |