2016 Form 10-K Financial Statement

#000002523217000006 Filed on February 21, 2017

View on sec.gov

Income Statement

Concept 2016 2015 Q4 2015
Revenue $259.2M -$83.70M $204.4M
YoY Change 26.83% -178.89% 15.1%
Cost Of Revenue $96.91M -$37.80M $83.70M
YoY Change 15.78% -178.59% 3.72%
Gross Profit $162.3M -$45.80M $120.6M
YoY Change 34.58% -179.1% 24.46%
Gross Profit Margin 62.61% 59.01%
Selling, General & Admin $28.90M $5.400M $20.30M
YoY Change 42.36% 25.58% -13.25%
% of Gross Profit 17.81% 16.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $97.95M $31.90M $71.63M
YoY Change 36.75% -17.14% 15.05%
% of Gross Profit 60.35% 59.39%
Operating Expenses $126.8M -$26.50M $92.00M
YoY Change 37.83% -162.5% 7.35%
Operating Profit $260.3M -$19.30M $241.2M
YoY Change 7.9% -224.52% 11.85%
Interest Expense $26.65M $500.0K $22.74M
YoY Change 17.22% -106.1% 8.35%
% of Operating Profit 10.24% 9.42%
Other Income/Expense, Net
YoY Change
Pretax Income -$26.74M $23.80M $5.636M
YoY Change -574.36% 32.96% -151.53%
Income Tax $0.00 $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $79.11M $56.70M $125.5M
YoY Change -36.97% 144.4% 141.36%
Net Earnings / Revenue 30.52% 61.42%
Basic Earnings Per Share $0.31 $0.58
Diluted Earnings Per Share $0.31 $1.037M $0.58
COMMON SHARES
Basic Shares Outstanding 253.9M shares 214.7M shares 215.8M shares
Diluted Shares Outstanding 256.0M shares 216.0M shares

Balance Sheet

Concept 2016 2015 Q4 2015
SHORT-TERM ASSETS
Cash & Short-Term Investments $35.70M $2.000M $2.000M
YoY Change 1685.0%
Cash & Equivalents $35.70M $2.003M $2.000M
Short-Term Investments
Other Short-Term Assets $8.400M $4.400M $4.400M
YoY Change 90.91% 29.41% 29.41%
Inventory $0.00 $7.200M $7.200M
Prepaid Expenses
Receivables $27.70M $10.80M $10.80M
Other Receivables $39.40M $67.30M $67.30M
Total Short-Term Assets $111.2M $91.70M $91.70M
YoY Change 21.26% 27.18% 27.18%
LONG-TERM ASSETS
Property, Plant & Equipment $3.615B $2.254B $2.254B
YoY Change 60.38% -2.23% -2.23%
Goodwill $3.647M
YoY Change -5.69%
Intangibles
YoY Change
Long-Term Investments $179.4M $102.6M $102.6M
YoY Change 74.85% 2.07% 2.09%
Other Assets $18.30M $19.40M $19.40M
YoY Change -5.67% 1.57% 1.57%
Total Long-Term Assets $4.060B $2.504B $2.504B
YoY Change 62.18% -3.53% -3.53%
TOTAL ASSETS
Total Short-Term Assets $111.2M $91.70M $91.70M
Total Long-Term Assets $4.060B $2.504B $2.504B
Total Assets $4.172B $2.595B $2.595B
YoY Change 60.74% -2.7% -2.7%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $109.3M $71.70M $71.70M
YoY Change 52.44% -5.91% -5.91%
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 $109.3M $71.70M $71.70M
YoY Change 52.44% -5.91% -5.91%
LONG-TERM LIABILITIES
Long-Term Debt $1.381B $718.8M $718.8M
YoY Change 92.11% -9.28% -9.28%
Other Long-Term Liabilities $167.2M $121.4M $121.4M
YoY Change 37.73% -3.11% -3.11%
Total Long-Term Liabilities $1.548B $840.2M $840.2M
YoY Change 84.25% -8.44% -8.44%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.3M $71.70M $71.70M
Total Long-Term Liabilities $1.548B $840.2M $840.2M
Total Liabilities $1.716B $911.9M $911.9M
YoY Change 88.19% -8.25% -8.25%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.942B
YoY Change 0.07%
Preferred Stock
YoY Change
Treasury Stock (at cost) $134.6M
YoY Change 55.03%
Treasury Stock Shares 8.742M shares
Shareholders Equity $2.456B $1.683B $1.683B
YoY Change
Total Liabilities & Shareholders Equity $4.172B $2.595B $2.595B
YoY Change 60.74% -2.7% -2.7%

Cashflow Statement

Concept 2016 2015 Q4 2015
OPERATING ACTIVITIES
Net Income $79.11M $56.70M $125.5M
YoY Change -36.97% 144.4% 141.36%
Depreciation, Depletion And Amortization $97.95M $31.90M $71.63M
YoY Change 36.75% -17.14% 15.05%
Cash From Operating Activities $117.7M $48.70M $154.3M
YoY Change -23.72% 1.88% 8.36%
INVESTING ACTIVITIES
Capital Expenditures -$193.5M -$33.60M -$185.0M
YoY Change 4.59% -90.64% -73.97%
Acquisitions
YoY Change
Other Investing Activities $0.00 $86.70M -$118.0K
YoY Change -100.0% -57.1% -106.49%
Cash From Investing Activities $465.8M $53.10M $35.10M
YoY Change 1227.09% -133.82% -107.6%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $13.74M $47.79M
YoY Change -71.24% -114.85%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -$538.5M -105.0M -$188.1M
YoY Change 186.24% -203.04% -159.12%
NET CHANGE
Cash From Operating Activities $117.7M 48.70M $154.3M
Cash From Investing Activities $465.8M 53.10M $35.10M
Cash From Financing Activities -$538.5M -105.0M -$188.1M
Net Change In Cash $45.01M -3.200M $1.265M
YoY Change 3458.42% -56.16% -229.74%
FREE CASH FLOW
Cash From Operating Activities $117.7M $48.70M $154.3M
Capital Expenditures -$193.5M -$33.60M -$185.0M
Free Cash Flow $311.2M $82.30M $339.3M
YoY Change -8.28% -79.77% -60.23%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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19432000 USD
CY2015 cuz Real Estate Accumulated Depreciation Deductions Gross
RealEstateAccumulatedDepreciationDeductionsGross
64188000 USD
CY2016 cuz Real Estate Accumulated Depreciation Deductions Gross
RealEstateAccumulatedDepreciationDeductionsGross
255843000 USD
CY2014 cuz Real Estate Accumulated Depreciation Write Off Of Fully Depreciated Assets
RealEstateAccumulatedDepreciationWriteOffOfFullyDepreciatedAssets
0 USD
CY2015 cuz Real Estate Accumulated Depreciation Write Off Of Fully Depreciated Assets
RealEstateAccumulatedDepreciationWriteOffOfFullyDepreciatedAssets
0 USD
CY2016 cuz Real Estate Accumulated Depreciation Write Off Of Fully Depreciated Assets
RealEstateAccumulatedDepreciationWriteOffOfFullyDepreciatedAssets
0 USD
CY2014 cuz Real Estate Additions Gross
RealEstateAdditionsGross
633654000 USD
CY2015 cuz Real Estate Additions Gross
RealEstateAdditionsGross
167807000 USD
CY2016 cuz Real Estate Additions Gross
RealEstateAdditionsGross
3046052000 USD
CY2014 cuz Real Estate Deductions Gross
RealEstateDeductionsGross
178981000 USD
CY2015 cuz Real Estate Deductions Gross
RealEstateDeductionsGross
180952000 USD
CY2016 cuz Real Estate Deductions Gross
RealEstateDeductionsGross
1837409000 USD
CY2015Q4 cuz Real Estate Held For Sale Accumulated Depreciation
RealEstateHeldForSaleAccumulatedDepreciation
7200000 USD
CY2014 cuz Reimbursed Expenses
ReimbursedExpenses
3652000 USD
CY2015 cuz Reimbursed Expenses
ReimbursedExpenses
3430000 USD
CY2016 cuz Reimbursed Expenses
ReimbursedExpenses
3259000 USD
CY2014 cuz Residential Lot Outparcel And Multi Family Cost Of Sales Net Of Closing Costs Paid
ResidentialLotOutparcelAndMultiFamilyCostOfSalesNetOfClosingCostsPaid
302000 USD
CY2015 cuz Residential Lot Outparcel And Multi Family Cost Of Sales Net Of Closing Costs Paid
ResidentialLotOutparcelAndMultiFamilyCostOfSalesNetOfClosingCostsPaid
0 USD
CY2016 cuz Residential Lot Outparcel And Multi Family Cost Of Sales Net Of Closing Costs Paid
ResidentialLotOutparcelAndMultiFamilyCostOfSalesNetOfClosingCostsPaid
0 USD
CY2014 cuz Sec Schedule Iii Real Estate Accumulated Depreciation Transfers
SECScheduleIIIRealEstateAccumulatedDepreciationTransfers
0 USD
CY2015 cuz Sec Schedule Iii Real Estate Accumulated Depreciation Transfers
SECScheduleIIIRealEstateAccumulatedDepreciationTransfers
0 USD
CY2016 cuz Sec Schedule Iii Real Estate Accumulated Depreciation Transfers
SECScheduleIIIRealEstateAccumulatedDepreciationTransfers
0 USD
CY2016Q4 cuz Sec Schedule Iii Real Estate Net
SECScheduleIIIRealEstateNet
2900000000 USD
CY2014 cuz Sec Schedule Iii Real Estate Transfers
SECScheduleIIIRealEstateTransfers
0 USD
CY2015 cuz Sec Schedule Iii Real Estate Transfers
SECScheduleIIIRealEstateTransfers
0 USD
CY2016 cuz Sec Schedule Iii Real Estate Transfers
SECScheduleIIIRealEstateTransfers
5306000 USD
CY2014 cuz Saleof Stock Numberof Stock Offerings
SaleofStockNumberofStockOfferings
2 offering
CY2016Q4 cuz Stockholders Equity Note Spinoff Transaction Conversion Ratio
StockholdersEquityNoteSpinoffTransactionConversionRatio
0.125 Rate
CY2015Q4 cuz Tenant And Other Receivables
TenantAndOtherReceivables
11767000 USD
CY2016Q4 cuz Tenant And Other Receivables
TenantAndOtherReceivables
24929000 USD
CY2014 cuz Transfer From Operating Properties To Operating Properties And Related Assets Held For Sale
TransferFromOperatingPropertiesToOperatingPropertiesAndRelatedAssetsHeldForSale
0 USD
CY2015 cuz Transfer From Operating Properties To Operating Properties And Related Assets Held For Sale
TransferFromOperatingPropertiesToOperatingPropertiesAndRelatedAssetsHeldForSale
7246000 USD
CY2016 cuz Transfer From Operating Properties To Operating Properties And Related Assets Held For Sale
TransferFromOperatingPropertiesToOperatingPropertiesAndRelatedAssetsHeldForSale
0 USD
CY2014 cuz Transfer From Projects Under Development To Operating Properties
TransferFromProjectsUnderDevelopmentToOperatingProperties
0 USD
CY2015 cuz Transfer From Projects Under Development To Operating Properties
TransferFromProjectsUnderDevelopmentToOperatingProperties
121709000 USD
CY2016 cuz Transfer From Projects Under Development To Operating Properties
TransferFromProjectsUnderDevelopmentToOperatingProperties
0 USD
CY2014 cuz Transferfrominvestmentinunconsolidatedjointventurestoprojectsunderdevelopment
Transferfrominvestmentinunconsolidatedjointventurestoprojectsunderdevelopment
0 USD
CY2015 cuz Transferfrominvestmentinunconsolidatedjointventurestoprojectsunderdevelopment
Transferfrominvestmentinunconsolidatedjointventurestoprojectsunderdevelopment
0 USD
CY2016 cuz Transferfrominvestmentinunconsolidatedjointventurestoprojectsunderdevelopment
Transferfrominvestmentinunconsolidatedjointventurestoprojectsunderdevelopment
5880000 USD
CY2014 cuz Transferfromlandheldtoprojectsunderdevelopment
Transferfromlandheldtoprojectsunderdevelopment
5185000 USD
CY2016 dei Entity Central Index Key
EntityCentralIndexKey
0000025232
CY2017Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
393648519 shares
CY2016 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 cuz Transferfromoperatingpropertiesandrelatedliabilitiestoliabilitiesofrealestateassetsheldforsale
Transferfromoperatingpropertiesandrelatedliabilitiestoliabilitiesofrealestateassetsheldforsale
1347000 USD
CY2016 cuz Transferfromoperatingpropertiesandrelatedliabilitiestoliabilitiesofrealestateassetsheldforsale
Transferfromoperatingpropertiesandrelatedliabilitiestoliabilitiesofrealestateassetsheldforsale
0 USD
CY2016 cuz Vesting Period Of Employer Contributions
VestingPeriodOfEmployerContributions
P3Y
CY2016 dei Amendment Flag
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false
CY2016 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2016 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016 dei Document Period End Date
DocumentPeriodEndDate
2016-12-31
CY2016 dei Document Type
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10-K
CY2015 cuz Transferfromlandheldtoprojectsunderdevelopment
Transferfromlandheldtoprojectsunderdevelopment
0 USD
CY2016 cuz Transferfromlandheldtoprojectsunderdevelopment
Transferfromlandheldtoprojectsunderdevelopment
8099000 USD
CY2014 cuz Transferfromoperatingpropertiesandrelatedliabilitiestoliabilitiesofrealestateassetsheldforsale
Transferfromoperatingpropertiesandrelatedliabilitiestoliabilitiesofrealestateassetsheldforsale
0 USD
CY2016 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016Q2 dei Entity Public Float
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2054466742 USD
CY2016 dei Entity Registrant Name
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COUSINS PROPERTIES INC
CY2016 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2016 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes
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CY2016Q4 us-gaap Accounts And Notes Receivable Net
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27683000 USD
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CY2016Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
109278000 USD
CY2015Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
1380000 USD
CY2016Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
2264000 USD
CY2015Q4 us-gaap Accumulated Distributions In Excess Of Net Income
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124435000 USD
CY2016Q4 us-gaap Accumulated Distributions In Excess Of Net Income
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1214114000 USD
CY2014 us-gaap Acquisition Costs
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1130000 USD
CY2015 us-gaap Acquisition Costs
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299000 USD
CY2016 us-gaap Acquisition Costs
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24521000 USD
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CY2016Q4 us-gaap Additional Paid In Capital Common Stock
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3407430000 USD
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24000 USD
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1353000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
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CY2015Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable
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753000 USD
CY2014 us-gaap Amortization Of Financing Costs
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604000 USD
CY2015 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1423000 USD
CY2016 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
-1595000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
32700000 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23700000 USD
CY2016 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24000000 USD
CY2015Q4 us-gaap Assets
Assets
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CY2016Q4 us-gaap Assets
Assets
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BusinessAcquisitionProFormaEarningsPerShareBasic
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CY2015 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
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CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Basic
BusinessAcquisitionProFormaEarningsPerShareBasic
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0.22
CY2015 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
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CY2016 us-gaap Business Acquisition Pro Forma Earnings Per Share Diluted
BusinessAcquisitionProFormaEarningsPerShareDiluted
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CY2014 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
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31695000 USD
CY2015 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
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237909000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
179625000 USD
CY2014 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
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CY2015 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
237323000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
174117000 USD
CY2014 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
388791000 USD
CY2015 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
855318000 USD
CY2016 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
732117000 USD
CY2016 us-gaap Business Combination Pro Forma Information Earnings Or Loss Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationEarningsOrLossOfAcquireeSinceAcquisitionDateActual
9000000 USD
CY2016 us-gaap Business Combination Pro Forma Information Revenue Of Acquiree Since Acquisition Date Actual
BusinessCombinationProFormaInformationRevenueOfAcquireeSinceAcquisitionDateActual
68700000 USD
CY2014 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
0 USD
CY2015 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
0 USD
CY2016 us-gaap Cash Acquired In Excess Of Payments To Acquire Business
CashAcquiredInExcessOfPaymentsToAcquireBusiness
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CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
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CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
0 USD
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CashAndCashEquivalentsAtCarryingValue
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CY2016Q4 us-gaap Contractual Obligation
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178000 shares
CY2014 us-gaap Costs And Expenses
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2182000 USD
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25357000 USD
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27398000 USD
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53483000 USD
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P10Y
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80394000 USD
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77114000 USD
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0 USD
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Goodwill
1674000 USD
CY2016Q4 us-gaap Guarantee Obligations Maximum Exposure
GuaranteeObligationsMaximumExposure
3400000 USD
CY2015Q4 us-gaap Incentive To Lessee
IncentiveToLessee
13306000 USD
CY2016Q4 us-gaap Incentive To Lessee
IncentiveToLessee
2517000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-10938000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
5636000 USD
CY2016 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-26735000 USD
CY2014 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
12886000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
94332000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
60941000 USD
CY2014 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.02
CY2015 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.44
CY2016 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.24
CY2014 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.02
CY2015 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.44
CY2016 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.24
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
40122000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
31297000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
19163000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
40122000 USD
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
31297000 USD
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
19163000 USD
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.20
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.14
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.07
CY2014 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.20
CY2015 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.14
CY2016 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.07
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11268000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
8302000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
10562000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-20000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2014 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1644000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
833000 USD
CY2016 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-1282000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1124000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-778000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
1159000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
125000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-90000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
132000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
4000 USD
CY2015 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
2000 USD
CY2016 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
0 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9021000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
4471000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-20749000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
644000 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
124615000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10937000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-2156000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
1361000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-475000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-19230000 USD
CY2014 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
244000 shares
CY2014 us-gaap Interest Paid Net
InterestPaidNet
28840000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
29337000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
32215000 USD
CY2016 us-gaap Lessee Leasing Arrangements Operating Leases Term Of Contract
LesseeLeasingArrangementsOperatingLeasesTermOfContract
P3Y
CY2016Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
245529000 USD
CY2014 us-gaap Interest Costs Incurred
InterestCostsIncurred
23735000 USD
CY2015 us-gaap Interest Costs Incurred
InterestCostsIncurred
26314000 USD
CY2016 us-gaap Interest Costs Incurred
InterestCostsIncurred
31347000 USD
CY2014 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
2752000 USD
CY2015 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
3579000 USD
CY2016 us-gaap Interest Costs Incurred Capitalized
InterestCostsIncurredCapitalized
4697000 USD
CY2014 us-gaap Interest Expense
InterestExpense
20983000 USD
CY2015 us-gaap Interest Expense
InterestExpense
22735000 USD
CY2016 us-gaap Interest Expense
InterestExpense
26650000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
911905000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1657367000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2595320000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4171607000 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
1347000 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Current
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent
0 USD
CY2016Q4 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.98 Rate
CY2016Q4 us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.98
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
718810000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
1380920000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
411283000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
495916000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
261256000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
33826000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
167047000 USD
CY2016Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
9348000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
0 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
58683000 USD
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2575000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
111000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
292550000 USD
CY2016Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
127500000.0 USD
CY2016 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
1 loan
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
318240000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-188140000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-538537000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-461615000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
38482000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
460939000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
142400000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
151661000 USD
CY2016 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
1886815000 USD
CY2016 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
292337000 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
111282000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
52004000 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
125518000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
79109000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1004000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
111000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
995000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
45519000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
125518000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
79109000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
45519000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
125518000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
79893000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
CY2016 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
4126000 USD
CY2015Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
738100000 USD
CY2016Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
1400000000 USD
CY2015Q4 us-gaap Notes Receivable Net
NotesReceivableNet
414000 USD
CY2016Q4 us-gaap Notes Receivable Net
NotesReceivableNet
3921000 USD
CY2014 us-gaap Notes Reduction
NotesReduction
0 USD
CY2015 us-gaap Notes Reduction
NotesReduction
0 USD
CY2016 us-gaap Notes Reduction
NotesReduction
20170000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
215673000 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
241232000 USD
CY2016 us-gaap Operating Income Loss
OperatingIncomeLoss
260282000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
211152000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
2795000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
2373000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
2492000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
2613000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
2718000 USD
CY2016Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
198161000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2090414000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
307262000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
237500000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
267135000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
289132000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
311442000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
677943000 USD
CY2014 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
1300000 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2000000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
2400000 USD
CY2015Q4 us-gaap Other Assets
OtherAssets
35989000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
29083000 USD
CY2014 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
19784000 USD
CY2015 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
16918000 USD
CY2016 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
25592000 USD
CY2015Q4 us-gaap Other Liabilities
OtherLiabilities
30629000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
44084000 USD
CY2014 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
3729000 USD
CY2015 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
1181000 USD
CY2016 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
5888000 USD
CY2014 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
CY2015 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
0 USD
CY2016 us-gaap Other Operating Activities Cash Flow Statement
OtherOperatingActivitiesCashFlowStatement
4526000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1819000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
-118000 USD
CY2016 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3241000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
47790000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
13743000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
61555000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
69196000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
50548000 USD
CY2014 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2955000 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2016 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
18342000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9985000 USD
CY2016 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
28531000 USD
CY2016Q4 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
279000000 USD
CY2014 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2015 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
CY2016 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
21190000 USD
CY2014 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2575000 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
111000 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
286122000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
1
CY2014Q4 us-gaap Preferred Stock Redemption Amount
PreferredStockRedemptionAmount
94800000 USD
CY2014Q4 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
20000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
6867357 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
6867357 shares
CY2015 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
355900000 USD
CY2016 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
716800000 USD
CY2014 us-gaap Profit Loss
ProfitLoss
53008000 USD
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
6867000 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
4408000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets Current
PrepaidExpenseAndOtherAssetsCurrent
8432000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
321900000 USD
CY2014 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
85068000 USD
CY2015 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2016 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
870000000 USD
CY2014 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-3995000 USD
CY2015 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
CY2016 us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
-4195000 USD
CY2014 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2015 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2016 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
4126000 USD
CY2014 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
244471000 USD
CY2015 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
225307000 USD
CY2016 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
622643000 USD
CY2014 us-gaap Proceeds From Unsecured Lines Of Credit
ProceedsFromUnsecuredLinesOfCredit
764575000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
125629000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
80104000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
257151000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
324543000 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
359422000 USD
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
215856000 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
0 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
0 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Other Additions
RealEstateAccumulatedDepreciationOtherAdditions
0 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
0 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
0 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Other Deductions
RealEstateAccumulatedDepreciationOtherDeductions
148523000 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
19432000 USD
CY2015 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
64188000 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
107320000 USD
CY2014 us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
523695000 USD
CY2015 us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
28131000 USD
CY2016 us-gaap Real Estate Acquisitions Through Foreclosures
RealEstateAcquisitionsThroughForeclosures
0 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
998748000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
3472530000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
342456000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
3030115000 USD
CY2016Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
355598000 USD
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
178981000 USD
CY2015 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
180952000 USD
CY2016 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
602648000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2164815000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2619488000 USD
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2606343000 USD
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3814986000 USD
CY2015Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
7246000 USD
CY2016Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
109959000 USD
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
139676000 USD
CY2016 us-gaap Real Estate Improvements
RealEstateImprovements
208016000 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
352350000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
215856000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2240500000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3599130000 USD
CY2014 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 USD
CY2015 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
0 USD
CY2016 us-gaap Real Estate Other Deductions
RealEstateOtherDeductions
1230235000 USD
CY2014 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
164123000 USD
CY2015 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
196244000 USD
CY2016 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
249814000 USD
CY2015Q4 us-gaap Rental Properties
RentalProperties
2194781000 USD
CY2016Q4 us-gaap Rental Properties
RentalProperties
3432522000 USD
CY2014 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
664450000 USD
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
404100000 USD
CY2016 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
674800000 USD
CY2014 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
22943000 USD
CY2015 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
22851000 USD
CY2016 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
907300000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4304000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15634000 USD
CY2014 us-gaap Revenues
Revenues
177561000 USD
CY2015 us-gaap Revenues
Revenues
204369000 USD
CY2016 us-gaap Revenues
Revenues
259211000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
86824000 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
99067000 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
112277000 USD
CY2016Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Buildings And Improvements
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionBuildingsAndImprovements
442415000 USD
CY2016Q4 us-gaap Sec Schedule Iii Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Land
SECScheduleIIIRealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionLand
-13142000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
0 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
0 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Writedown Or Reserve Amount
SECScheduleIIIRealEstateWritedownOrReserveAmount
4526000 USD
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
2293403 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
2262000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
10.82
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1763000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
661000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
425000 shares
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriod
721000 shares
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
28.18
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
21.98
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
27.24
CY2016 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
0 USD
CY2016 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Gross
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross
1222000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
3078000 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2211000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
2262000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.90
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.69
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
22.05
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
10.82
CY2014 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.26
CY2015 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.02
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
8.35
CY2016 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
11.78
CY2016Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
2500000 USD
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Weighted Average Remaining Contractual Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableWeightedAverageRemainingContractualTerm1
P2Y3M
CY2016 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y2M
CY2014 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
-550000 USD
CY2015 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
-72000 USD
CY2016 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
504000 USD
CY2014 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
206000 shares
CY2015 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
23000 shares
CY2016 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
2000 shares
CY2016 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
1950008000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
321896000 USD
CY2015Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
100000000 USD
CY2016 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
6800000 shares
CY2015 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
47790000 USD
CY2016 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
13743000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1683415000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2455557000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1458972000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1673458000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1683415000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2514240000 USD
CY2016 us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
-1141061000 USD
CY2014 us-gaap Straight Line Rent
StraightLineRent
30039000 USD
CY2015 us-gaap Straight Line Rent
StraightLineRent
26475000 USD
CY2016 us-gaap Straight Line Rent
StraightLineRent
25873000 USD
CY2014 us-gaap Tenant Reimbursements
TenantReimbursements
86000000 USD
CY2015 us-gaap Tenant Reimbursements
TenantReimbursements
93300000 USD
CY2016 us-gaap Tenant Reimbursements
TenantReimbursements
90200000 USD
CY2015Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
8742181 shares
CY2016Q4 us-gaap Treasury Stock Shares
TreasuryStockShares
10329082 shares
CY2015Q4 us-gaap Treasury Stock Value
TreasuryStockValue
134630000 USD
CY2016Q4 us-gaap Treasury Stock Value
TreasuryStockValue
148373000 USD
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
204460000 shares
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
215979000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
256023000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
204216000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
215827000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
253895000 shares
CY2016 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:10px;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-top:10px;text-align:justify;text-indent:32px;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>

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