2017 Q3 Form 10-Q Financial Statement
#000136425017000044 Filed on November 08, 2017
Income Statement
Concept | 2017 Q3 | 2016 Q3 |
---|---|---|
Revenue | $208.7M | $192.1M |
YoY Change | 8.65% | 20.02% |
Cost Of Revenue | $68.50M | $62.90M |
YoY Change | 8.9% | 13.54% |
Gross Profit | $140.2M | $129.2M |
YoY Change | 8.51% | 23.4% |
Gross Profit Margin | 67.16% | 67.25% |
Selling, General & Admin | $8.400M | $8.100M |
YoY Change | 3.7% | 17.39% |
% of Gross Profit | 5.99% | 6.27% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $69.90M | $63.80M |
YoY Change | 9.56% | 22.22% |
% of Gross Profit | 49.86% | 49.38% |
Operating Expenses | $146.9M | $134.8M |
YoY Change | 8.99% | 17.75% |
Operating Profit | $61.83M | $57.32M |
YoY Change | 7.86% | 25.71% |
Interest Expense | $35.45M | $36.48M |
YoY Change | -2.81% | 11.54% |
% of Operating Profit | 57.35% | 63.64% |
Other Income/Expense, Net | $1.659M | $2.916M |
YoY Change | -43.11% | 81.68% |
Pretax Income | $28.50M | $35.80M |
YoY Change | -20.39% | 152.11% |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | $25.61M | $31.85M |
YoY Change | -19.57% | 163.86% |
Net Earnings / Revenue | 12.27% | 16.58% |
Basic Earnings Per Share | $0.15 | $0.21 |
Diluted Earnings Per Share | $0.15 | $0.21 |
COMMON SHARES | ||
Basic Shares Outstanding | 165.5M shares | 150.8M shares |
Diluted Shares Outstanding | 165.5M shares | 153.4M shares |
Balance Sheet
Concept | 2017 Q3 | 2016 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $167.7M | $158.4M |
YoY Change | 5.87% | 1500.0% |
Cash & Equivalents | $167.7M | $158.4M |
Short-Term Investments | ||
Other Short-Term Assets | $11.50M | $11.30M |
YoY Change | 1.77% | 9.71% |
Inventory | $0.00 | |
Prepaid Expenses | ||
Receivables | $2.900M | $2.200M |
Other Receivables | $102.1M | $90.40M |
Total Short-Term Assets | $284.2M | $262.3M |
YoY Change | 8.35% | 157.92% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.078M | $1.199M |
YoY Change | -10.09% | -8.47% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $105.0M | $144.9M |
YoY Change | -27.54% | -12.25% |
Other Assets | $100.0K | $200.0K |
YoY Change | -50.0% | -98.94% |
Total Long-Term Assets | $7.829B | $7.383B |
YoY Change | 6.04% | 26.37% |
TOTAL ASSETS | ||
Total Short-Term Assets | $284.2M | $262.3M |
Total Long-Term Assets | $7.829B | $7.383B |
Total Assets | $8.113B | $7.645B |
YoY Change | 6.12% | 28.62% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $80.60M | $59.50M |
YoY Change | 35.46% | 57.82% |
Accrued Expenses | $9.800M | $10.20M |
YoY Change | -3.92% | 8.51% |
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $178.2M | $149.1M |
YoY Change | 19.52% | 28.65% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $4.049B | $4.402B |
YoY Change | -8.02% | 26.71% |
Other Long-Term Liabilities | $99.10M | $127.3M |
YoY Change | -22.15% | 51.55% |
Total Long-Term Liabilities | $4.148B | $4.529B |
YoY Change | -8.42% | 27.29% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $178.2M | $149.1M |
Total Long-Term Liabilities | $4.148B | $4.529B |
Total Liabilities | $4.326B | $4.678B |
YoY Change | -7.53% | 27.33% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$867.0M | -$805.5M |
YoY Change | 7.63% | 6.75% |
Common Stock | $3.280B | $2.721B |
YoY Change | 20.54% | 0.78% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $2.436B | $1.892B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $8.113B | $7.645B |
YoY Change | 6.12% | 28.62% |
Cashflow Statement
Concept | 2017 Q3 | 2016 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $25.61M | $31.85M |
YoY Change | -19.57% | 163.86% |
Depreciation, Depletion And Amortization | $69.90M | $63.80M |
YoY Change | 9.56% | 22.22% |
Cash From Operating Activities | $110.1M | $98.90M |
YoY Change | 11.32% | 42.3% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$215.6M | -$392.5M |
YoY Change | -45.07% | 2384.18% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $2.000M | $110.2M |
YoY Change | -98.19% | 5147.62% |
Cash From Investing Activities | -$213.6M | -$282.2M |
YoY Change | -24.31% | 1944.93% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 98.00M | 264.6M |
YoY Change | -62.96% | -320.13% |
NET CHANGE | ||
Cash From Operating Activities | 110.1M | 98.90M |
Cash From Investing Activities | -213.6M | -282.2M |
Cash From Financing Activities | 98.00M | 264.6M |
Net Change In Cash | -5.500M | 81.30M |
YoY Change | -106.77% | -226.05% |
FREE CASH FLOW | ||
Cash From Operating Activities | $110.1M | $98.90M |
Capital Expenditures | -$215.6M | -$392.5M |
Free Cash Flow | $325.7M | $491.4M |
YoY Change | -33.72% | 476.08% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001364250 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.409 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.440 | ||
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
7173000 | USD | |
CY2017Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
169525292 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
Douglas Emmett Inc | ||
nysedei |
Average Purchase Priceof Options
AveragePurchasePriceofOptions
|
33.05 | ||
nysedei |
Change In Capital Expenditures Incurred But Not Yet Paid Improvementsto Real Estate
ChangeInCapitalExpendituresIncurredButNotYetPaidImprovementstoRealEstate
|
68000 | USD | |
nysedei |
Change In Capital Expenditures Incurred But Not Yet Paid Improvementsto Real Estate
ChangeInCapitalExpendituresIncurredButNotYetPaidImprovementstoRealEstate
|
3024000 | USD | |
nysedei |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Exchange Of Interest Units By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesExchangeOfInterestUnitsByParent
|
17733000 | USD | |
nysedei |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Exchange Of Interest Units By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesExchangeOfInterestUnitsByParent
|
13261000 | USD | |
CY2017Q3 | nysedei |
Debt At Fixed Interest Rate
DebtAtFixedInterestRate
|
3580000000 | USD |
nysedei |
Finite Lived Intangible Asset Offmarket Lease Favorable Fully Amortized Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFavorableFullyAmortizedWrittenOff
|
1241000 | USD | |
nysedei |
Finite Lived Intangible Asset Offmarket Lease Favorable Fully Amortized Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFavorableFullyAmortizedWrittenOff
|
85000 | USD | |
nysedei |
Finite Lived Intangible Asset Offmarket Lease Fully Accreted Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFullyAccretedWrittenOff
|
11142000 | USD | |
nysedei |
Finite Lived Intangible Asset Offmarket Lease Fully Accreted Written Off
FiniteLivedIntangibleAssetOffmarketLeaseFullyAccretedWrittenOff
|
4026000 | USD | |
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Fixed Effectively Fixed Rate Debt Weighted Average Interest Rate
FixedEffectivelyFixedRateDebtWeightedAverageInterestRate
|
0.0308 | |
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Multifamily Expense
MultifamilyExpense
|
5950000 | USD |
nysedei |
Multifamily Expense
MultifamilyExpense
|
17322000 | USD | |
CY2017Q3 | nysedei |
Multifamily Expense
MultifamilyExpense
|
6041000 | USD |
nysedei |
Multifamily Expense
MultifamilyExpense
|
17866000 | USD | |
CY2016Q3 | nysedei |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
31668000 | USD |
nysedei |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
65331000 | USD | |
CY2017Q3 | nysedei |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
25456000 | USD |
nysedei |
Net Income Loss Available To Common Stockholders Basic And Diluted
NetIncomeLossAvailableToCommonStockholdersBasicAndDiluted
|
64562000 | USD | |
nysedei |
Non Cash Gain Loss On Market Value Adjustments To Interest Rate Contracts
NonCashGainLossOnMarketValueAdjustmentsToInterestRateContracts
|
-37927000 | USD | |
nysedei |
Non Cash Gain Loss On Market Value Adjustments To Interest Rate Contracts
NonCashGainLossOnMarketValueAdjustmentsToInterestRateContracts
|
-4027000 | USD | |
nysedei |
Number Of Properties Containing Asbestos
NumberOfPropertiesContainingAsbestos
|
27 | property | |
CY2017Q3 | nysedei |
Numberof Office Properties
NumberofOfficeProperties
|
70 | office_property |
nysedei |
Numberof Sharesof Common Stockissueduponredemptionofone O Punit
NumberofSharesofCommonStockissueduponredemptionofoneOPunit
|
1 | shares | |
CY2016Q3 | nysedei |
Office Expense
OfficeExpense
|
56926000 | USD |
nysedei |
Office Expense
OfficeExpense
|
158190000 | USD | |
CY2017Q3 | nysedei |
Office Expense
OfficeExpense
|
62468000 | USD |
nysedei |
Office Expense
OfficeExpense
|
175240000 | USD | |
CY2016Q3 | nysedei |
Operating Lease Revenue Multifamily
OperatingLeaseRevenueMultifamily
|
22801000 | USD |
nysedei |
Operating Lease Revenue Multifamily
OperatingLeaseRevenueMultifamily
|
67634000 | USD | |
CY2017Q3 | nysedei |
Operating Lease Revenue Multifamily
OperatingLeaseRevenueMultifamily
|
22282000 | USD |
nysedei |
Operating Lease Revenue Multifamily
OperatingLeaseRevenueMultifamily
|
66760000 | USD | |
CY2016Q3 | nysedei |
Operating Lease Revenue Office
OperatingLeaseRevenueOffice
|
128744000 | USD |
nysedei |
Operating Lease Revenue Office
OperatingLeaseRevenueOffice
|
366400000 | USD | |
CY2017Q3 | nysedei |
Operating Lease Revenue Office
OperatingLeaseRevenueOffice
|
140993000 | USD |
nysedei |
Operating Lease Revenue Office
OperatingLeaseRevenueOffice
|
409674000 | USD | |
CY2017Q3 | nysedei |
Operating Leases Future Minimum Payments Due Per Year
OperatingLeasesFutureMinimumPaymentsDuePerYear
|
733000 | USD |
nysedei |
Operating Partnership Units And Fully Vested Long Term Incentive Plan Units Outstanding
OperatingPartnershipUnitsAndFullyVestedLongTermIncentivePlanUnitsOutstanding
|
24700000 | shares | |
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Parking And Other Income Multifamily
ParkingAndOtherIncomeMultifamily
|
1712000 | USD |
nysedei |
Parking And Other Income Multifamily
ParkingAndOtherIncomeMultifamily
|
5191000 | USD | |
CY2017Q3 | nysedei |
Parking And Other Income Multifamily
ParkingAndOtherIncomeMultifamily
|
1849000 | USD |
nysedei |
Parking And Other Income Multifamily
ParkingAndOtherIncomeMultifamily
|
5594000 | USD | |
CY2016Q3 | nysedei |
Parking And Other Income Office
ParkingAndOtherIncomeOffice
|
25950000 | USD |
nysedei |
Parking And Other Income Office
ParkingAndOtherIncomeOffice
|
74572000 | USD | |
CY2017Q3 | nysedei |
Parking And Other Income Office
ParkingAndOtherIncomeOffice
|
27771000 | USD |
nysedei |
Parking And Other Income Office
ParkingAndOtherIncomeOffice
|
81129000 | USD | |
nysedei |
Paymentsfor Capital Development
PaymentsforCapitalDevelopment
|
18635000 | USD | |
nysedei |
Paymentsfor Capital Development
PaymentsforCapitalDevelopment
|
42143000 | USD | |
CY2017Q3 | nysedei |
Percentage Of Amounts Related To Fund
PercentageOfAmountsRelatedToFund
|
1 | |
nysedei |
Proceedsfrom Equity Method Investment Operating Distributions
ProceedsfromEquityMethodInvestmentOperatingDistributions
|
1356000 | USD | |
nysedei |
Proceedsfrom Equity Method Investment Operating Distributions
ProceedsfromEquityMethodInvestmentOperatingDistributions
|
4427000 | USD | |
nysedei |
Proceedsfrom Equity Method Investments Capital Distributions
ProceedsfromEquityMethodInvestmentsCapitalDistributions
|
21973000 | USD | |
nysedei |
Proceedsfrom Equity Method Investments Capital Distributions
ProceedsfromEquityMethodInvestmentsCapitalDistributions
|
41965000 | USD | |
CY2016Q3 | nysedei |
Proceedsfrom Saleof Interestin Real Estate Heldfor Investment
ProceedsfromSaleofInterestinRealEstateHeldforInvestment
|
51600000 | USD |
CY2016Q3 | nysedei |
Proceedsfrom Saleof Interestin Real Estate Heldfor Investment Compensation
ProceedsfromSaleofInterestinRealEstateHeldforInvestmentCompensation
|
194000 | USD |
CY2016Q3 | nysedei |
Segment Reporting Profit Loss
SegmentReportingProfitLoss
|
129245000 | USD |
nysedei |
Segment Reporting Profit Loss
SegmentReportingProfitLoss
|
372396000 | USD | |
CY2017Q3 | nysedei |
Segment Reporting Profit Loss
SegmentReportingProfitLoss
|
140240000 | USD |
nysedei |
Segment Reporting Profit Loss
SegmentReportingProfitLoss
|
409756000 | USD | |
CY2016Q4 | nysedei |
Tenant Improvements And Lease Intangibles
TenantImprovementsAndLeaseIntangibles
|
696197000 | USD |
CY2017Q3 | nysedei |
Tenant Improvements And Lease Intangibles
TenantImprovementsAndLeaseIntangibles
|
737606000 | USD |
nysedei |
Tenant Improvementsand Leasing Intangibles Fully Depreciatedand Amortized Written Off
TenantImprovementsandLeasingIntangiblesFullyDepreciatedandAmortizedWrittenOff
|
13746000 | USD | |
nysedei |
Tenant Improvementsand Leasing Intangibles Fully Depreciatedand Amortized Written Off
TenantImprovementsandLeasingIntangiblesFullyDepreciatedandAmortizedWrittenOff
|
36367000 | USD | |
nysedei |
Total Dividends Declared To Shareholders And Distributions Paid To Noncontrolling Interests
TotalDividendsDeclaredToShareholdersAndDistributionsPaidToNoncontrollingInterests
|
124686000 | USD | |
nysedei |
Total Dividends Declared To Shareholders And Distributions Paid To Noncontrolling Interests
TotalDividendsDeclaredToShareholdersAndDistributionsPaidToNoncontrollingInterests
|
139859000 | USD | |
CY2016Q3 | nysedei |
Total Multifamily Revenues
TotalMultifamilyRevenues
|
24513000 | USD |
nysedei |
Total Multifamily Revenues
TotalMultifamilyRevenues
|
72825000 | USD | |
CY2017Q3 | nysedei |
Total Multifamily Revenues
TotalMultifamilyRevenues
|
24131000 | USD |
nysedei |
Total Multifamily Revenues
TotalMultifamilyRevenues
|
72354000 | USD | |
CY2016Q3 | nysedei |
Total Office Revenues
TotalOfficeRevenues
|
167608000 | USD |
nysedei |
Total Office Revenues
TotalOfficeRevenues
|
475083000 | USD | |
CY2017Q3 | nysedei |
Total Office Revenues
TotalOfficeRevenues
|
184618000 | USD |
nysedei |
Total Office Revenues
TotalOfficeRevenues
|
530508000 | USD | |
nysedei |
Total Stock Holders Equity Stock Based Compensation
TotalStockHoldersEquityStockBasedCompensation
|
7759000 | USD | |
nysedei |
Total Stock Holders Equity Stock Based Compensation
TotalStockHoldersEquityStockBasedCompensation
|
8642000 | USD | |
nysedei |
Totalequitymethoddistributionsreceived
Totalequitymethoddistributionsreceived
|
23329000 | USD | |
nysedei |
Totalequitymethoddistributionsreceived
Totalequitymethoddistributionsreceived
|
46392000 | USD | |
CY2017Q3 | nysedei |
Variable Interest Entity Consolidated Carrying Amount Assets Real Estate Heldfor Investment
VariableInterestEntityConsolidatedCarryingAmountAssetsRealEstateHeldforInvestment
|
7680000000 | USD |
CY2017Q3 | nysedei |
Variable Interest Entity Consolidated Carrying Amount Equity
VariableInterestEntityConsolidatedCarryingAmountEquity
|
3790000000 | USD |
CY2017Q3 | nysedei |
Variable Interest Entity Consolidated Carrying Amount Equity Portion Attributableto Noncontrolling Interest
VariableInterestEntityConsolidatedCarryingAmountEquityPortionAttributabletoNoncontrollingInterest
|
1350000000 | USD |
nysedei |
Weightedaveragelifeoffixedeffectivelyfixedratedebt
Weightedaveragelifeoffixedeffectivelyfixedratedebt
|
P5Y10M | ||
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|
P3Y4M | ||
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Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
75229000 | USD |
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Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
118363000 | USD |
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Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
36880000 | USD |
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Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
|
80572000 | USD |
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Accounts Receivable Net
AccountsReceivableNet
|
2165000 | USD |
CY2017Q3 | us-gaap |
Accounts Receivable Net
AccountsReceivableNet
|
2856000 | USD |
CY2016Q4 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
15400000 | USD |
CY2017Q3 | us-gaap |
Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
|
15900000 | USD |
CY2016Q4 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
15156000 | USD |
CY2017Q3 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
22539000 | USD |
CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2725157000 | USD |
CY2017Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
3278642000 | USD |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
53467000 | USD | |
us-gaap |
Adjustments Related To Tax Withholding For Share Based Compensation
AdjustmentsRelatedToTaxWithholdingForShareBasedCompensation
|
52867000 | USD | |
CY2016Q3 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-5102000 | USD |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-13415000 | USD | |
CY2017Q3 | us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-4814000 | USD |
us-gaap |
Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
|
-13290000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
5470000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
6865000 | USD | |
CY2016Q4 | us-gaap |
Assets
Assets
|
7613705000 | USD |
CY2017Q3 | us-gaap |
Assets
Assets
|
8113172000 | USD |
us-gaap |
Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
|
2900000 | USD | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
101798000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
158415000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
112927000 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
167742000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
56617000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
54815000 | USD | |
CY2017Q3 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.22 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.66 | ||
CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.23 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.69 | ||
CY2016Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
750000000 | shares |
CY2016Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
151530210 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
169500000 | shares |
CY2017Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
169487292 | shares |
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1515000 | USD |
CY2017Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
1695000 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
45179000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
51320000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
27282000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
72290000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
9048000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
5235000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
2719000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
7280000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
54227000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
56555000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
30001000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
79570000 | USD | |
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.154 | |
CY2016Q4 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
34857000 | USD |
CY2017Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
38989000 | USD |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.210 | |
us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
|
82931000 | USD | |
us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Change Due To Net Income Attributable To Parent And Effects Of Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangeDueToNetIncomeAttributableToParentAndEffectsOfChangesNet
|
78168000 | USD | |
us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
|
17235000 | USD | |
us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Net
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesNet
|
13261000 | USD | |
us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
|
498000 | USD | |
us-gaap |
Consolidation Less Than Wholly Owned Subsidiary Parent Ownership Interest Changes Purchase Of Interest By Parent
ConsolidationLessThanWhollyOwnedSubsidiaryParentOwnershipInterestChangesPurchaseOfInterestByParent
|
0 | USD | |
CY2017Q3 | us-gaap |
Contractual Obligation
ContractualObligation
|
4800000 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4408083000 | USD |
CY2017Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
4087638000 | USD |
CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
38546000 | USD |
CY2017Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
38810000 | USD |
CY2016Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
93165000 | USD |
CY2017Q3 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
102178000 | USD |
CY2016Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
28788000 | USD |
CY2017Q3 | us-gaap |
Deferred Revenue
DeferredRevenue
|
28031000 | USD |
CY2016Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
63827000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
181947000 | USD | |
CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
69974000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
206141000 | USD | |
CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
35656000 | USD |
CY2017Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
37115000 | USD |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
0 | USD | |
us-gaap |
Derivative Gain Loss On Derivative Net
DerivativeGainLossOnDerivativeNet
|
-38000 | USD | |
CY2016Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
6830000 | USD |
CY2017Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
2002000 | USD |
CY2016Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
58459000 | USD |
CY2017Q3 | us-gaap |
Development In Process
DevelopmentInProcess
|
106891000 | USD |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
98501000 | USD | |
us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
111177000 | USD | |
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.206 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.428 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.154 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.408 | ||
CY2016Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
235000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
683000 | USD | |
CY2017Q3 | us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
257000 | USD |
us-gaap |
Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
|
732000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
1356000 | USD | |
us-gaap |
Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
|
4427000 | USD | |
CY2016Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
690028000 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
|
703776000 | USD |
CY2016Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
|
241484000 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
|
178808000 | USD |
us-gaap |
Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
|
14235000 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
|
14918000 | USD | |
CY2016Q4 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
|
448544000 | USD |
CY2017Q3 | us-gaap |
Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
|
524968000 | USD |
us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
6539000 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
|
3974000 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
54104000 | USD | |
us-gaap |
Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
|
56550000 | USD | |
CY2016Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
144289000 | USD |
CY2017Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
105016000 | 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 |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
4616000 | USD |
us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
14327000 | USD | |
us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
0 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
13245000 | USD |
us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
14327000 | USD | |
CY2017Q3 | 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 | |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8099000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
25573000 | USD | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8441000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
27189000 | USD | |
CY2016Q3 | us-gaap |
Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
|
22553000 | USD |
us-gaap |
Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
|
59297000 | USD | |
CY2017Q3 | us-gaap |
Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
|
28508000 | USD |
us-gaap |
Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes
IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges
|
72441000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
2334000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
5564000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
1137000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
4427000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
37389000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
40110000 | USD | |
us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
1451000 | USD | |
us-gaap |
Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
|
830000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4179000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
4639000 | USD | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
7461000 | USD | |
us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
2809000 | USD | |
CY2016Q3 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
2666000 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
4241000 | shares | |
CY2017Q3 | us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
49000 | shares |
us-gaap |
Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
|
419000 | shares | |
CY2016Q3 | us-gaap |
Interest Expense
InterestExpense
|
36479000 | USD |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
7600000 | shares | |
us-gaap |
Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
|
3900000 | shares | |
us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | USD | |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
2212400000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
8294000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
640000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
115000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
325000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
786944000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
109842000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
35454000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
110408000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
793000 | USD | |
us-gaap |
Interest Paid Capitalized
InterestPaidCapitalized
|
1906000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
104205000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
103305000 | USD | |
CY2016Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
9561000 | USD |
CY2017Q3 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
9760000 | USD |
CY2017Q3 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
-702000 | USD |
CY2016Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7221124000 | USD |
CY2017Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7735718000 | USD |
CY2016Q4 | us-gaap |
Land
Land
|
1022340000 | USD |
CY2017Q3 | us-gaap |
Land
Land
|
1055604000 | USD |
us-gaap |
Lessor Leasing Arrangements Operating Leases Term Of Contract
LessorLeasingArrangementsOperatingLeasesTermOfContract
|
P1Y | ||
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
4599634000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
4326095000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
7613705000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
8113172000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
4369537000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
4048828000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
1092928000 | USD |
CY2017Q3 | us-gaap |
Minority Interest
MinorityInterest
|
1351155000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
1116181000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
361308000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-1325227000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-615175000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
265663000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
308682000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
31848000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
65696000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
25614000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
64907000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
3950000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7928000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
2894000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
7534000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
|
291029000 | USD | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
459750000 | USD | |
us-gaap |
Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
|
0 | USD | |
us-gaap |
Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
|
284248000 | USD | |
CY2017Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
80 | office_property |
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
2 | segment | |
CY2016Q4 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
67191000 | USD |
CY2017Q3 | us-gaap |
Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
|
69114000 | USD |
CY2016Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
134802000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
383032000 | USD | |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
146924000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
426436000 | USD | |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57319000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
164876000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
61825000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
176426000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
|
50759000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
|
733000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
|
733000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
|
733000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
|
733000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
|
733000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
|
47094000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
|
2666251000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
|
528867000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
|
251975000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
|
333742000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
|
416289000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
|
477732000 | USD |
CY2017Q3 | us-gaap |
Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
|
657646000 | USD |
CY2016Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
183000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
550000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
183000 | USD |
us-gaap |
Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
|
550000 | USD | |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
1933000 | USD |
CY2017Q3 | us-gaap |
Other Assets
OtherAssets
|
2610000 | USD |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
18429000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
-17069000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
1493000 | USD |
us-gaap |
Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
7129000 | USD | |
CY2016Q3 | us-gaap |
Other Expenses
OtherExpenses
|
2916000 | USD |
us-gaap |
Other Expenses
OtherExpenses
|
7828000 | USD | |
CY2017Q3 | us-gaap |
Other Expenses
OtherExpenses
|
1659000 | USD |
us-gaap |
Other Expenses
OtherExpenses
|
5156000 | USD | |
CY2016Q3 | us-gaap |
Other Income
OtherIncome
|
2295000 | USD |
us-gaap |
Other Income
OtherIncome
|
6527000 | USD | |
CY2017Q3 | us-gaap |
Other Income
OtherIncome
|
2659000 | USD |
us-gaap |
Other Income
OtherIncome
|
7152000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
53467000 | USD | |
us-gaap |
Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
|
52867000 | USD | |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
41965000 | USD | |
CY2016Q4 | us-gaap |
Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
|
1988000 | USD |
CY2017Q3 | us-gaap |
Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
|
1988000 | USD |
CY2016Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
180000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
365000 | USD | |
CY2017Q3 | us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
158000 | USD |
us-gaap |
Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
|
345000 | 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
|
57771000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
80102000 | 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
|
97575000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
107045000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
26185000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
28682000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
18239000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
1619760000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
532324000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
2571000 | USD | |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
11914000 | USD |
CY2017Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
17278000 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
6779000 | USD |
CY2017Q3 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
11481000 | USD |
us-gaap |
Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
|
21973000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
49379000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
593272000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
1589500000 | USD | |
us-gaap |
Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
|
1010500000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
459750000 | USD | |
us-gaap |
Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
|
284248000 | 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
|
348203000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
0 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
35798000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
73624000 | USD | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
28508000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
72441000 | USD | |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1093000 | USD |
CY2017Q3 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
1078000 | USD |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
1190000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
139000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
49379000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
593272000 | USD | |
CY2016Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1789678000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
1959448000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
8998120000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9635819000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7208442000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
7676371000 | USD |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
786156000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1330945000 | USD | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
121000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
121000 | USD |
CY2016Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-820685000 | USD |
CY2017Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-866954000 | USD |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
192121000 | USD |
us-gaap |
Revenues
Revenues
|
547908000 | USD | |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
208749000 | USD |
us-gaap |
Revenues
Revenues
|
602862000 | USD | |
us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
49400000 | USD | |
us-gaap |
Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
|
593300000 | USD | |
CY2016Q4 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
45990000 | USD |
CY2017Q3 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
48799000 | USD |
CY2016Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2300000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7077000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7100000 | USD | |
CY2017Q3 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
2600000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7900000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
7910000 | USD | |
CY2016Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
2100000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
104000000 | USD | |
CY2017Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
400000 | USD |
us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
|
102500000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
17733000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
13261000 | USD | |
us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
1300000 | shares | |
us-gaap |
Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
|
986000 | shares | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
1400000 | shares | |
us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
15700000 | shares | |
us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
1500000 | shares | |
us-gaap |
Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
|
1300000 | shares | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1921143000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
2435922000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2281548000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
2967041000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3014071000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3787077000 | USD |
us-gaap |
Straight Line Rent
StraightLineRent
|
10915000 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
9012000 | USD | |
CY2016Q3 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
12914000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
34111000 | USD | |
CY2017Q3 | us-gaap |
Tenant Reimbursements
TenantReimbursements
|
15854000 | USD |
us-gaap |
Tenant Reimbursements
TenantReimbursements
|
39705000 | USD | |
CY2017Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
8110000000 | USD |
CY2017Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
4330000000 | USD |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
153419000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
152819000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
165520000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
158419000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
150753000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
148578000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
165471000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
158000000 | 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:24px;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> |