2016 Q4 Form 10-K Financial Statement

#000162828017000941 Filed on February 07, 2017

View on sec.gov

Income Statement

Concept 2016 Q4 2015 Q4 2015 Q3
Revenue $28.24M $22.63M $17.99M
YoY Change 24.79% 40.77% 13.23%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $4.600M $3.850M $3.610M
YoY Change 19.48% 6.06% 77.83%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.600M $7.000M $5.800M
YoY Change 22.86% 29.63% 9.43%
% of Gross Profit
Operating Expenses $13.76M $11.48M $17.26M
YoY Change 19.86% 20.21% 24.01%
Operating Profit
YoY Change
Interest Expense -$5.500M -$4.940M $7.221M
YoY Change 11.34% -16.27% 21.5%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $8.390M $5.003M $727.0K
YoY Change 67.7% 694.13% -63.04%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $8.388M $5.003M $727.0K
YoY Change 67.66% 694.13% -63.04%
Net Earnings / Revenue 29.7% 22.11% 4.04%
Basic Earnings Per Share $0.14 $0.10 $0.02
Diluted Earnings Per Share $0.14 $0.10 $0.02
COMMON SHARES
Basic Shares Outstanding 60.88M shares 47.66M shares 39.13M shares
Diluted Shares Outstanding 60.88M shares 47.66M shares 39.13M shares

Balance Sheet

Concept 2016 Q4 2015 Q4 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.500M $11.50M $12.10M
YoY Change -34.78% -54.55% -86.37%
Cash & Equivalents $7.500M $11.47M $12.10M
Short-Term Investments
Other Short-Term Assets $1.400M $2.100M $300.0K
YoY Change -33.33% 162.5% -25.0%
Inventory
Prepaid Expenses
Receivables $5.900M $2.300M $3.000M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $14.80M $15.90M $15.40M
YoY Change -6.92% -44.01% -83.28%
LONG-TERM ASSETS
Property, Plant & Equipment $907.8M $654.1M $659.8M
YoY Change 38.79% 47.42% 58.99%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $13.90M $8.500M $8.200M
YoY Change 63.53% 13.33%
Other Assets $2.800M $3.200M $9.800M
YoY Change -12.5% 6.67% -9.26%
Total Long-Term Assets $910.6M $657.3M $669.6M
YoY Change 38.54% 47.12% 57.23%
TOTAL ASSETS
Total Short-Term Assets $14.80M $15.90M $15.40M
Total Long-Term Assets $910.6M $657.3M $669.6M
Total Assets $925.4M $673.2M $685.0M
YoY Change 37.46% 41.68% 32.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.10M $103.9M $107.7M
YoY Change -88.35% -0.67% -0.55%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $23.20M $111.6M $115.4M
YoY Change -79.21% 2.86% 6.56%
LONG-TERM LIABILITIES
Long-Term Debt $449.7M $299.2M $305.0M
YoY Change 50.3% 18.17% 17.31%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $449.7M $299.2M $305.0M
YoY Change 50.3% 18.17% 17.31%
TOTAL LIABILITIES
Total Short-Term Liabilities $23.20M $111.6M $115.4M
Total Long-Term Liabilities $449.7M $299.2M $305.0M
Total Liabilities $472.9M $410.9M $420.4M
YoY Change 15.1% 13.6% 14.14%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $612.1M $410.7M $410.3M
YoY Change 49.05% 66.71% 178.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $452.4M $262.3M $264.6M
YoY Change
Total Liabilities & Shareholders Equity $925.4M $673.2M $685.0M
YoY Change 37.46% 41.68% 32.25%

Cashflow Statement

Concept 2016 Q4 2015 Q4 2015 Q3
OPERATING ACTIVITIES
Net Income $8.388M $5.003M $727.0K
YoY Change 67.66% 694.13% -63.04%
Depreciation, Depletion And Amortization $8.600M $7.000M $5.800M
YoY Change 22.86% 29.63% 9.43%
Cash From Operating Activities $14.90M $11.30M $13.40M
YoY Change 31.86% 151.11% 36.73%
INVESTING ACTIVITIES
Capital Expenditures -$96.40M -$1.000M -$197.9M
YoY Change 9540.0% -96.2% 65866.67%
Acquisitions
YoY Change
Other Investing Activities $3.000M -$1.700M $1.500M
YoY Change -276.47% -78.75%
Cash From Investing Activities -$93.40M -$2.700M -$196.4M
YoY Change 3359.26% -92.13% 65366.67%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $80.90M $163.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 74.10M -9.100M 165.1M
YoY Change -914.29% -73.08% -16610.0%
NET CHANGE
Cash From Operating Activities 14.90M 11.30M 13.40M
Cash From Investing Activities -93.40M -2.700M -196.4M
Cash From Financing Activities 74.10M -9.100M 165.1M
Net Change In Cash -4.400M -500.0K -17.90M
YoY Change 780.0% -99.21% -310.59%
FREE CASH FLOW
Cash From Operating Activities $14.90M $11.30M $13.40M
Capital Expenditures -$96.40M -$1.000M -$197.9M
Free Cash Flow $111.3M $12.30M $211.3M
YoY Change 804.88% -60.06% 1992.08%

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0 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
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0 USD
CY2015 us-gaap Gains Losses On Sales Of Investment Real Estate
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0 USD
CY2016 us-gaap Gains Losses On Sales Of Investment Real Estate
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11105000 USD
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7655000 USD
CY2016 us-gaap General And Administrative Expense
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9297000 USD
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2243000 USD
CY2015 us-gaap Home Building Costs
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2376000 USD
CY2016 us-gaap Home Building Costs
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2549000 USD
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2519000 USD
CY2015 us-gaap Home Building Revenue
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2510000 USD
CY2016 us-gaap Home Building Revenue
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2970000 USD
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0 USD
CY2015 us-gaap Income Loss From Subsidiaries Before Tax
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0 USD
CY2016 us-gaap Income Loss From Subsidiaries Before Tax
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0 USD
CY2014 us-gaap Income Taxes Paid
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104000 USD
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0 USD
CY2016 us-gaap Income Taxes Paid
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0 USD
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5152000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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2239000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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2929000 USD
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2326000 USD
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3404000 USD
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2275000 USD
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-2275000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable Related Parties
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0 USD
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1661000 USD
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0 USD
CY2016 us-gaap Increase Decrease In Derivative Assets
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0 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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86000 USD
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45000000 USD
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645614000 USD
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893918000 USD
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393905000 USD
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100000000 USD
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55000 USD
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737000 USD
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25256000 USD
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23199000 USD
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32000 USD
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945000 USD
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737000 USD
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17243000 USD
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21687000 USD
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21238000 USD
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1900000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
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1300000 USD
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627453000 USD
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875567000 USD
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0 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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0 USD
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410878000 USD
CY2016Q4 us-gaap Liabilities
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472928000 USD
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673166000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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925358000 USD
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0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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260000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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0 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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95000000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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0 USD
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180542000 USD
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CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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21906000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
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40254000 USD
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CY2015Q4 us-gaap Net Income Loss
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CY2015 us-gaap Net Income Loss
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CY2016Q1 us-gaap Net Income Loss
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5502000 USD
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7631000 USD
CY2016Q3 us-gaap Net Income Loss
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7832000 USD
CY2016Q4 us-gaap Net Income Loss
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29353000 USD
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94676000 USD
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1 segment
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CY2015 us-gaap Operating Expenses
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CY2016 us-gaap Operating Expenses
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
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103577000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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103577000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
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104903000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
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CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
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106628000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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51367000 USD
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93126000 USD
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0 USD
CY2016 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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0 USD
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167000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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0 USD
CY2014 us-gaap Payments For Deposits On Real Estate Acquisitions
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500000 USD
CY2015 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
1750000 USD
CY2016 us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
700000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
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0 USD
CY2014 us-gaap Payments Of Distributions To Affiliates
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0 USD
CY2015 us-gaap Payments Of Distributions To Affiliates
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0 USD
CY2016 us-gaap Payments Of Distributions To Affiliates
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0 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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33001000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
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21790000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
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37269000 USD
CY2014 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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0 USD
CY2015 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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0 USD
CY2016 us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
CY2015Q3 us-gaap Proceeds From Issuance Of Common Stock
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163000000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
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105800000 USD
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13436000 USD
CY2015 us-gaap Payments Of Financing Costs
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2303000 USD
CY2016 us-gaap Payments Of Financing Costs
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1352000 USD
CY2014 us-gaap Payments Related To Tax Withholding For Share Based Compensation
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0 USD
CY2015 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
145000 USD
CY2016 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
515000 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
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7500000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
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0 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4656000 USD
CY2014 us-gaap Payments To Acquire Property Plant And Equipment
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19275000 USD
CY2015 us-gaap Payments To Acquire Property Plant And Equipment
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276000 USD
CY2016 us-gaap Payments To Acquire Property Plant And Equipment
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151000 USD
CY2014 us-gaap Payments To Acquire Real Estate
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25742000 USD
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232466000 USD
CY2016 us-gaap Payments To Acquire Real Estate
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281228000 USD
CY2014 us-gaap Payments To Develop Real Estate Assets
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579000 USD
CY2015 us-gaap Payments To Develop Real Estate Assets
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187000 USD
CY2016 us-gaap Payments To Develop Real Estate Assets
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762000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
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0.01
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100000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
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100000000 shares
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
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0 USD
CY2016Q4 us-gaap Preferred Stock Value
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0 USD
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2083000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
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1369000 USD
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4356000 USD
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80900000 USD
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0 USD
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162963000 USD
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200402000 USD
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50676000 USD
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0 USD
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0 USD
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0 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
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0 USD
CY2014 us-gaap Proceeds From Sale Of Land Heldforinvestment
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0 USD
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30000 USD
CY2016 us-gaap Proceeds From Sale Of Land Heldforinvestment
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2855000 USD
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10000000 USD
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773152000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
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1052249000 USD
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645614000 USD
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893918000 USD
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35000000 USD
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0 USD
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260000000 USD
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0 USD
CY2016 us-gaap Proceeds From Unsecured Notes Payable
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0 USD
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62572000 USD
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78897000 USD
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97667000 USD
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121797000 USD
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0 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
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871000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
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0 USD
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875567000 USD
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110648000 USD
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96047000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
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778509000 USD
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111658000 USD
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0 USD
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30000 USD
CY2016 us-gaap Real Estate Cost Of Real Estate Sold
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3876000 USD
CY2016Q4 us-gaap Real Estate Federal Income Tax Basis
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1000000000 USD
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456052000 USD
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492486000 USD
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718764000 USD
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986215000 USD
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12162000 USD
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230000 USD
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726000 USD
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127538000 USD
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158331000 USD
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8477000 USD
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13872000 USD
CY2014 us-gaap Real Estate Other Acquisitions
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25252000 USD
CY2015 us-gaap Real Estate Other Acquisitions
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226078000 USD
CY2016 us-gaap Real Estate Other Acquisitions
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270601000 USD
CY2014 us-gaap Real Estate Tax Expense
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4956000 USD
CY2015 us-gaap Real Estate Tax Expense
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5497000 USD
CY2016 us-gaap Real Estate Tax Expense
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7846000 USD
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2842000 USD
CY2015 us-gaap Reimbursement Revenue
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1406000 USD
CY2016 us-gaap Reimbursement Revenue
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0 USD
CY2014 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2015 us-gaap Repayments Of Lines Of Credit
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0 USD
CY2016 us-gaap Repayments Of Lines Of Credit
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205000000 USD
CY2014 us-gaap Repayments Of Long Term Lines Of Credit
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88701000 USD
CY2015 us-gaap Repayments Of Long Term Lines Of Credit
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35000000 USD
CY2016 us-gaap Repayments Of Long Term Lines Of Credit
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0 USD
CY2014 us-gaap Repayments Of Notes Payable
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68155000 USD
CY2015 us-gaap Repayments Of Notes Payable
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3183000 USD
CY2016 us-gaap Repayments Of Notes Payable
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95022000 USD
CY2014 us-gaap Repayments Of Secured Debt
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65624000 USD
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0 USD
CY2016 us-gaap Repayments Of Secured Debt
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0 USD
CY2015 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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-145000 USD
CY2016 us-gaap Restricted Stock Value Shares Issued Net Of Tax Withholdings
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-515000 USD
CY2014 us-gaap Revenue From Related Parties
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32667000 USD
CY2015 us-gaap Revenue From Related Parties
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16308000 USD
CY2016 us-gaap Revenue From Related Parties
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0 USD
CY2014 us-gaap Revenues
Revenues
58897000 USD
CY2015Q1 us-gaap Revenues
Revenues
16958000 USD
CY2015Q2 us-gaap Revenues
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17376000 USD
CY2015Q3 us-gaap Revenues
Revenues
17985000 USD
CY2015Q4 us-gaap Revenues
Revenues
22632000 USD
CY2015 us-gaap Revenues
Revenues
74951000 USD
CY2016Q1 us-gaap Revenues
Revenues
23629000 USD
CY2016Q2 us-gaap Revenues
Revenues
25701000 USD
CY2016Q3 us-gaap Revenues
Revenues
27106000 USD
CY2016Q4 us-gaap Revenues
Revenues
28243000 USD
CY2016 us-gaap Revenues
Revenues
104679000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
16325000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
18770000 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
25001000 USD
CY2015Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
10.50
CY2016Q1 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
11.35
CY2016Q4 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
13.35
CY2014 us-gaap Stock Issued1
StockIssued1
98998000 USD
CY2015 us-gaap Stock Issued1
StockIssued1
0 USD
CY2016 us-gaap Stock Issued1
StockIssued1
0 USD
CY2015Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
16330000 shares
CY2016Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
9780000 shares
CY2016Q4 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
6330000 shares
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
162963000 USD
CY2016 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
200398000 USD
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2014 us-gaap Stock Issued During Period Value Stock Dividend
StockIssuedDuringPeriodValueStockDividend
-33001000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
162689000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
113462000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
262288000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
452430000 USD
CY2014 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
0 USD
CY2014 us-gaap Straight Line Rent
StraightLineRent
0 USD
CY2015 us-gaap Straight Line Rent
StraightLineRent
0 USD
CY2016 us-gaap Straight Line Rent
StraightLineRent
150000 USD
CY2014 us-gaap Tenant Reimbursements
TenantReimbursements
4956000 USD
CY2015 us-gaap Tenant Reimbursements
TenantReimbursements
5497000 USD
CY2016 us-gaap Tenant Reimbursements
TenantReimbursements
7846000 USD
CY2014 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
300000 USD
CY2015 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2016 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
0 USD
CY2015Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
254229000 USD
CY2016Q4 us-gaap Unsecured Long Term Debt
UnsecuredLongTermDebt
255294000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
22788000 shares
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31257000 shares
CY2015Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
31278000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
39125000 shares
CY2015Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47660000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37380000 shares
CY2016Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
48101000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57478000 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
57595000 shares
CY2016Q4 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
60875000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
56030000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
22788000 shares
CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31257000 shares
CY2015Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
31278000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
39125000 shares
CY2015Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47660000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37380000 shares
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
48101000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57478000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
57595000 shares
CY2016Q4 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
60875000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
56030000 shares
CY2014 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
CY2015 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
1208000 USD
CY2016 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
326000 USD
CY2016 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Credit Risk</font><font style="font-family:inherit;font-size:10pt;">&#8212;The Company is subject to concentrations of credit risk consisting primarily of operating leases on its owned properties. See Note&#160;12, </font><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Risk</font><font style="font-family:inherit;font-size:10pt;">, for a discussion of major operator concentration.</font></div></div>
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Estimates and Assumptions</font><font style="font-family:inherit;font-size:10pt;">&#8212;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 revenue and expenses during the reporting periods. Management believes that the assumptions and estimates used in preparation of the underlying consolidated and combined financial statements are reasonable. Actual results, however, could differ from those estimates and assumptions.</font></div></div>
CY2016 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:16px;text-indent:65px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">&#8212;Certain amounts in the Company&#8217;s consolidated and combined financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods. </font></div></div>

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ctre-20161231.xml Edgar Link completed
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