2017 Q2 Form 10-Q Financial Statement

#000136425017000038 Filed on August 04, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $199.6M $187.2M
YoY Change 6.63% 16.68%
Cost Of Revenue $63.80M $58.70M
YoY Change 8.69% 11.81%
Gross Profit $135.9M $128.5M
YoY Change 5.76% 18.98%
Gross Profit Margin 68.08% 68.64%
Selling, General & Admin $8.600M $9.400M
YoY Change -8.51% 25.33%
% of Gross Profit 6.33% 7.32%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $68.80M $62.50M
YoY Change 10.08% 21.83%
% of Gross Profit 50.63% 48.64%
Operating Expenses $141.2M $130.7M
YoY Change 8.0% 17.54%
Operating Profit $58.48M $56.52M
YoY Change 3.47% 14.73%
Interest Expense $38.00M $37.70M
YoY Change 0.79% 7.18%
% of Operating Profit 64.98% 66.7%
Other Income/Expense, Net $1.773M $1.908M
YoY Change -7.08% 17.85%
Pretax Income $22.20M $21.80M
YoY Change 1.83% 37.11%
Income Tax
% Of Pretax Income
Net Earnings $20.24M $18.48M
YoY Change 9.53% 37.43%
Net Earnings / Revenue 10.14% 9.87%
Basic Earnings Per Share $0.13 $0.12
Diluted Earnings Per Share $0.13 $0.12
COMMON SHARES
Basic Shares Outstanding 155.9M shares 147.7M shares
Diluted Shares Outstanding 156.0M shares 152.8M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $173.2M $77.20M
YoY Change 124.35% 3.62%
Cash & Equivalents $173.2M $77.17M
Short-Term Investments
Other Short-Term Assets $2.600M $2.300M
YoY Change 13.04% 27.78%
Inventory $42.60M
Prepaid Expenses
Receivables $2.500M $2.300M
Other Receivables $99.20M $87.50M
Total Short-Term Assets $277.5M $211.9M
YoY Change 30.96% 34.97%
LONG-TERM ASSETS
Property, Plant & Equipment $1.144M $1.293M
YoY Change -11.52% -99.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $107.1M $146.0M
YoY Change -26.62% -12.73%
Other Assets $10.10M $5.200M
YoY Change 94.23% -68.48%
Total Long-Term Assets $7.678B $7.047B
YoY Change 8.96% 19.8%
TOTAL ASSETS
Total Short-Term Assets $277.5M $211.9M
Total Long-Term Assets $7.678B $7.047B
Total Assets $7.955B $7.259B
YoY Change 9.6% 20.2%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $51.60M $36.20M
YoY Change 42.54% 48.36%
Accrued Expenses $11.00M $9.800M
YoY Change 12.24% -3.92%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $148.0M $122.6M
YoY Change 20.72% 19.38%
LONG-TERM LIABILITIES
Long-Term Debt $4.314B $4.281B
YoY Change 0.78% 20.44%
Other Long-Term Liabilities $102.8M $141.3M
YoY Change -27.25% 69.22%
Total Long-Term Liabilities $4.417B $4.422B
YoY Change -0.12% 21.56%
TOTAL LIABILITIES
Total Short-Term Liabilities $148.0M $122.6M
Total Long-Term Liabilities $4.417B $4.422B
Total Liabilities $4.565B $4.545B
YoY Change 0.44% 21.5%
SHAREHOLDERS EQUITY
Retained Earnings -$853.6M -$804.1M
YoY Change 6.15% 9.27%
Common Stock $2.960B $2.667B
YoY Change 10.99% -1.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.127B $1.826B
YoY Change
Total Liabilities & Shareholders Equity $7.955B $7.259B
YoY Change 9.6% 20.2%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $20.24M $18.48M
YoY Change 9.53% 37.43%
Depreciation, Depletion And Amortization $68.80M $62.50M
YoY Change 10.08% 21.83%
Cash From Operating Activities $91.00M $77.00M
YoY Change 18.18% 21.64%
INVESTING ACTIVITIES
Capital Expenditures -$379.8M -$29.20M
YoY Change 1200.68% 57.84%
Acquisitions
YoY Change
Other Investing Activities $36.00M $244.2M
YoY Change -85.26% 11000.0%
Cash From Investing Activities -$343.8M $214.9M
YoY Change -259.98% -1426.54%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 340.5M -286.9M
YoY Change -218.68% -2756.48%
NET CHANGE
Cash From Operating Activities 91.00M 77.00M
Cash From Investing Activities -343.8M 214.9M
Cash From Financing Activities 340.5M -286.9M
Net Change In Cash 87.70M 5.000M
YoY Change 1654.0% -91.36%
FREE CASH FLOW
Cash From Operating Activities $91.00M $77.00M
Capital Expenditures -$379.8M -$29.20M
Free Cash Flow $470.8M $106.2M
YoY Change 343.31% 29.83%

Facts In Submission

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us-gaap Depreciation And Amortization
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118120000 USD
CY2017Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
68793000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
136167000 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
35656000 USD
CY2017Q2 us-gaap Derivative Assets
DerivativeAssets
37092000 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
0 USD
us-gaap Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
-25000 USD
CY2016Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
6830000 USD
CY2017Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
3353000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2571000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
35237000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
37071000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
448544000 USD
CY2017Q2 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
524736000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
3163000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
241484000 USD
CY2017Q2 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
182546000 USD
CY2016Q4 us-gaap Development In Process
DevelopmentInProcess
58459000 USD
CY2017Q2 us-gaap Development In Process
DevelopmentInProcess
85269000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
65252000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
72194000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
34857000 USD
CY2017Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
36976000 USD
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.124
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.228
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.129
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.254
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.120
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.221
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.129
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.253
CY2016Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
231000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
448000 USD
CY2017Q2 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
247000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
475000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
893000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3290000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
690028000 USD
CY2017Q2 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
707282000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
144289000 USD
CY2017Q2 us-gaap Equity Method Investments
EquityMethodInvestments
107140000 USD
CY2016Q4 us-gaap Escrow Deposit
EscrowDeposit
0 USD
CY2017Q2 us-gaap Escrow Deposit
EscrowDeposit
10000000 USD
us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
75000000 USD
us-gaap Escrow Deposit Disbursements Related To Property Acquisition1
EscrowDepositDisbursementsRelatedToPropertyAcquisition1
0 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5147000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4673000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1082000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2016Q2 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
1082000 USD
us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
1082000 USD
CY2017Q2 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
0 USD
us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
0 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9403000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17474000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8592000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18748000 USD
CY2016Q2 us-gaap Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
20698000 USD
us-gaap Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
36744000 USD
CY2017Q2 us-gaap Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
22153000 USD
us-gaap Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
43933000 USD
CY2016Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1644000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3230000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1113000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3290000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
12455000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
16718000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
1487000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
868000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-5064000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-4404000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
5072000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
2392000 USD
CY2016Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
5083000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
4687000 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
54000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
607000 shares
CY2016Q2 us-gaap Interest Expense
InterestExpense
37703000 USD
us-gaap Interest Expense
InterestExpense
73363000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
38000000 USD
us-gaap Interest Expense
InterestExpense
74954000 USD
us-gaap Interest Paid Net
InterestPaidNet
70353000 USD
us-gaap Interest Paid Net
InterestPaidNet
69001000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9561000 USD
CY2017Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
10966000 USD
CY2017Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
2501000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
7221124000 USD
CY2017Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
7555950000 USD
CY2016Q4 us-gaap Land
Land
1022340000 USD
CY2017Q2 us-gaap Land
Land
1050037000 USD
us-gaap Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
P1Y
CY2016Q4 us-gaap Liabilities
Liabilities
4599634000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
4564858000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7613705000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7955393000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
4369537000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
4314137000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3298000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3978000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1909000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4640000 USD
us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
239971000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
320000000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
188248000 USD
CY2017Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
79 office_property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2016Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
67191000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
2212401000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
351066000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
640000000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
295000000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
432999000 USD
CY2017Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
423548000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
1092928000 USD
CY2017Q2 us-gaap Minority Interest
MinorityInterest
1263465000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
851605000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
263270000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1043008000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-401648000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
166771000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
198602000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
18482000 USD
us-gaap Net Income Loss
NetIncomeLoss
33848000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
20244000 USD
us-gaap Net Income Loss
NetIncomeLoss
39293000 USD
CY2017Q2 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
69646000 USD
CY2016Q2 us-gaap Operating Expenses
OperatingExpenses
130693000 USD
us-gaap Operating Expenses
OperatingExpenses
248230000 USD
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
141150000 USD
us-gaap Operating Expenses
OperatingExpenses
279512000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
56522000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
107557000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
58482000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
114601000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
50942000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
733000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
733000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
733000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
733000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
733000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
47277000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2571387000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
511514000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
244806000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
325631000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
400478000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
455813000 USD
CY2017Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
633145000 USD
CY2016Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
183000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
366000 USD
CY2017Q2 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
183000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
366000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
1933000 USD
CY2017Q2 us-gaap Other Assets
OtherAssets
2109000 USD
CY2016Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-14890000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-35498000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-4193000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
5636000 USD
CY2016Q2 us-gaap Other Expenses
OtherExpenses
1908000 USD
us-gaap Other Expenses
OtherExpenses
4912000 USD
CY2017Q2 us-gaap Other Expenses
OtherExpenses
1773000 USD
us-gaap Other Expenses
OtherExpenses
3497000 USD
CY2016Q2 us-gaap Other Income
OtherIncome
2143000 USD
us-gaap Other Income
OtherIncome
4232000 USD
CY2017Q2 us-gaap Other Income
OtherIncome
2331000 USD
us-gaap Other Income
OtherIncome
4493000 USD
CY2016Q4 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
1988000 USD
CY2017Q2 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
1988000 USD
CY2016Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
101000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
184000 USD
CY2017Q2 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
97000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
196000 USD
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
826000 USD
us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
25000 shares
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
35183000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
51370000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
5000000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
10000000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
826000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64747000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
70075000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
16787000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
19202000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
14575000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
6889000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
52449000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
52704000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
1257513000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
354023000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
11914000 USD
CY2017Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18003000 USD
CY2016Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
6779000 USD
CY2017Q2 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
2641000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
18839000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
39962000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
276961000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1374500000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
933000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
320000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
188248000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
763000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
241053000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
21780000 USD
us-gaap Profit Loss
ProfitLoss
37826000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
22153000 USD
us-gaap Profit Loss
ProfitLoss
43933000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1093000 USD
CY2017Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1144000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1116000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
504000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1789678000 USD
CY2017Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1903764000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
8998120000 USD
CY2017Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
9417374000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7208442000 USD
CY2017Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7513610000 USD
CY2017Q2 us-gaap Receivable From Shareholders Or Affiliates For Issuance Of Capital Stock
ReceivableFromShareholdersOrAffiliatesForIssuanceOfCapitalStock
69000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
693511000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
986069000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
121000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
121000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-820685000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-853586000 USD
CY2016Q2 us-gaap Revenues
Revenues
187215000 USD
us-gaap Revenues
Revenues
355787000 USD
CY2017Q2 us-gaap Revenues
Revenues
199632000 USD
us-gaap Revenues
Revenues
394113000 USD
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
346000000 USD
CY2016Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
45990000 USD
CY2017Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
48382000 USD
CY2016Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2400000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4739000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4700000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
2600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5311000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5300000 USD
CY2016Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
100800000 USD
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
154810000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
101900000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
276961000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
21197000 USD
CY2017Q2 us-gaap Tenant Reimbursements
TenantReimbursements
12801000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1921143000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
2127070000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2281548000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2713721000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3014071000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
23851000 USD
CY2017Q2 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
7960000000 USD
CY2017Q2 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
4560000000 USD
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
152805000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
152166000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
155952000 shares
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3390535000 USD
us-gaap Straight Line Rent
StraightLineRent
7636000 USD
us-gaap Straight Line Rent
StraightLineRent
6030000 USD
CY2016Q2 us-gaap Tenant Reimbursements
TenantReimbursements
10986000 USD
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
0 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
102100000 USD
us-gaap Stock Issued1
StockIssued1
11458000 USD
us-gaap Stock Issued1
StockIssued1
8856000 USD
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
869000 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
659000 shares
us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
9100000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147722000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
147479000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
155898000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
154203000 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ materially from those estimates.</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

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