2018 Q3 Form 10-Q Financial Statement

#000136425018000036 Filed on November 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $223.3M $208.7M
YoY Change 6.97% 8.65%
Cost Of Revenue $73.40M $68.50M
YoY Change 7.15% 8.9%
Gross Profit $149.9M $140.2M
YoY Change 6.92% 8.51%
Gross Profit Margin 67.13% 67.16%
Selling, General & Admin $9.400M $8.400M
YoY Change 11.9% 3.7%
% of Gross Profit 6.27% 5.99%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $74.00M $69.90M
YoY Change 5.87% 9.56%
% of Gross Profit 49.37% 49.86%
Operating Expenses $156.9M $146.9M
YoY Change 6.82% 8.99%
Operating Profit $66.40M $61.83M
YoY Change 7.4% 7.86%
Interest Expense $33.72M $35.45M
YoY Change -4.89% -2.81%
% of Operating Profit 50.79% 57.35%
Other Income/Expense, Net $1.561M $1.659M
YoY Change -5.91% -43.11%
Pretax Income $35.40M $28.50M
YoY Change 24.21% -20.39%
Income Tax
% Of Pretax Income
Net Earnings $30.56M $25.61M
YoY Change 19.31% -19.57%
Net Earnings / Revenue 13.69% 12.27%
Basic Earnings Per Share $0.18 $0.15
Diluted Earnings Per Share $0.18 $0.15
COMMON SHARES
Basic Shares Outstanding 169.9M shares 165.5M shares
Diluted Shares Outstanding 169.9M shares 165.5M shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $172.4M $167.7M
YoY Change 2.8% 5.87%
Cash & Equivalents $172.4M $167.7M
Short-Term Investments
Other Short-Term Assets $12.30M $11.50M
YoY Change 6.96% 1.77%
Inventory
Prepaid Expenses
Receivables $5.000M $2.900M
Other Receivables $118.8M $102.1M
Total Short-Term Assets $308.5M $284.2M
YoY Change 8.55% 8.35%
LONG-TERM ASSETS
Property, Plant & Equipment $777.0K $1.078M
YoY Change -27.92% -10.09%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $118.3M $105.0M
YoY Change 12.6% -27.54%
Other Assets $100.0K $100.0K
YoY Change 0.0% -50.0%
Total Long-Term Assets $8.039B $7.829B
YoY Change 2.69% 6.04%
TOTAL ASSETS
Total Short-Term Assets $308.5M $284.2M
Total Long-Term Assets $8.039B $7.829B
Total Assets $8.348B $8.113B
YoY Change 2.89% 6.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.4M $80.60M
YoY Change 27.05% 35.46%
Accrued Expenses $10.10M $9.800M
YoY Change 3.06% -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 $205.8M $178.2M
YoY Change 15.49% 19.52%
LONG-TERM LIABILITIES
Long-Term Debt $4.122B $4.049B
YoY Change 1.82% -8.02%
Other Long-Term Liabilities $96.20M $99.10M
YoY Change -2.93% -22.15%
Total Long-Term Liabilities $4.219B $4.148B
YoY Change 1.7% -8.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $205.8M $178.2M
Total Long-Term Liabilities $4.219B $4.148B
Total Liabilities $4.424B $4.326B
YoY Change 2.27% -7.53%
SHAREHOLDERS EQUITY
Retained Earnings -$917.0M -$867.0M
YoY Change 5.77% 7.63%
Common Stock $3.279B $3.280B
YoY Change -0.03% 20.54%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.457B $2.436B
YoY Change
Total Liabilities & Shareholders Equity $8.348B $8.113B
YoY Change 2.89% 6.12%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $30.56M $25.61M
YoY Change 19.31% -19.57%
Depreciation, Depletion And Amortization $74.00M $69.90M
YoY Change 5.87% 9.56%
Cash From Operating Activities $115.9M $110.1M
YoY Change 5.27% 11.32%
INVESTING ACTIVITIES
Capital Expenditures -$64.90M -$215.6M
YoY Change -69.9% -45.07%
Acquisitions
YoY Change
Other Investing Activities -$7.300M $2.000M
YoY Change -465.0% -98.19%
Cash From Investing Activities -$72.20M -$213.6M
YoY Change -66.2% -24.31%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -41.80M 98.00M
YoY Change -142.65% -62.96%
NET CHANGE
Cash From Operating Activities 115.9M 110.1M
Cash From Investing Activities -72.20M -213.6M
Cash From Financing Activities -41.80M 98.00M
Net Change In Cash 1.900M -5.500M
YoY Change -134.55% -106.77%
FREE CASH FLOW
Cash From Operating Activities $115.9M $110.1M
Capital Expenditures -$64.90M -$215.6M
Free Cash Flow $180.8M $325.7M
YoY Change -44.49% -33.72%

Facts In Submission

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0.41
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.53
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.15
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.41
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.18
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.53
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 Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
700000 USD
CY2018Q3 us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
512000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1500000 USD
us-gaap Employee Service Share Based Compensation Allocation Of Recognized Period Costs Capitalized Amount
EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsCapitalizedAmount
1460000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4427000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4522000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
704186000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
706707000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
180419000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
180936000 USD
us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
14918000 USD
us-gaap Equity Method Investment Summarized Financial Information Income Loss From Continuing Operations Before Extraordinary Items
EquityMethodInvestmentSummarizedFinancialInformationIncomeLossFromContinuingOperationsBeforeExtraordinaryItems
16870000 USD
CY2017Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
523767000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
525771000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
3974000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
4333000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
56550000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
58935000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
107735000 USD
CY2018Q3 us-gaap Equity Method Investments
EquityMethodInvestments
118252000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
4293000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3492000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8441000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
27189000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9440000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28444000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1137000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4427000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1348000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
4522000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
40110000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
22349000 USD
us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
5800000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
830000 USD
us-gaap Increase Decrease In Leasing Receivables
IncreaseDecreaseInLeasingReceivables
3625000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-1118000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
2809000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
359000 USD
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
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
5000 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
13000 shares
CY2017Q3 us-gaap Interest Expense
InterestExpense
35454000 USD
us-gaap Interest Expense
InterestExpense
110408000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
33721000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
30561000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
25614000 USD
us-gaap Net Income Loss
NetIncomeLoss
64907000 USD
us-gaap Interest Expense
InterestExpense
99889000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1906000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2408000 USD
us-gaap Interest Paid Net
InterestPaidNet
103305000 USD
us-gaap Interest Paid Net
InterestPaidNet
93455000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9829000 USD
CY2018Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
10132000 USD
CY2018Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
39104000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
7886201000 USD
CY2018Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
7995377000 USD
CY2017Q4 us-gaap Land
Land
1062345000 USD
CY2018Q3 us-gaap Land
Land
1065099000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
4390592000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
4424238000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8292641000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
8347779000 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
4117390000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
4122277000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1300260000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
710000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1675852000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
640814000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
115778000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
420743000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
1464525000 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
1466462000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
361308000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-168143000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-615175000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-167983000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
308682000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
331843000 USD
us-gaap Net Income Loss
NetIncomeLoss
90451000 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
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4855000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14629000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
284248000 USD
CY2018Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
81 property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2017Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
75635000 USD
CY2018Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
57591000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
146924000 USD
us-gaap Operating Expenses
OperatingExpenses
426436000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
156909000 USD
us-gaap Operating Expenses
OperatingExpenses
457570000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
61825000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
176426000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
66399000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
197454000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
50026000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
70806000 USD
CY2017Q3 us-gaap Other Expenses
OtherExpenses
1659000 USD
us-gaap Other Expenses
OtherExpenses
5156000 USD
us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
108000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
107045000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
127348000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
733000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
733000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
733000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
733000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
733000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
46361000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2916058000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
571867000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
282924000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
357971000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
447337000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
532197000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
723762000 USD
CY2017Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
183000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
550000 USD
CY2018Q3 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
183000 USD
us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
550000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
5943000 USD
CY2018Q3 us-gaap Other Assets
OtherAssets
2806000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-4027000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
70806000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
10042000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
73405000 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
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7129000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
73405000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-254000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
21861000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
7383000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
51544000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-4027000 USD
CY2018Q3 us-gaap Other Expenses
OtherExpenses
1561000 USD
us-gaap Other Expenses
OtherExpenses
5380000 USD
CY2017Q3 us-gaap Other Income
OtherIncome
2659000 USD
us-gaap Other Income
OtherIncome
7152000 USD
CY2018Q3 us-gaap Other Income
OtherIncome
2951000 USD
us-gaap Other Income
OtherIncome
8373000 USD
CY2017Q4 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
1988000 USD
CY2018Q3 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
1988000 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
CY2018Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
149000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
28682000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
39122000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
7173000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2964000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
52867000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
450000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
442000 USD
us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
108000 USD
us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
3000 shares
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
80102000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
115963000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
532324000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
2571000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
9379000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18442000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
18023000 USD
CY2017Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
9235000 USD
CY2018Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
12331000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
41965000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
5866000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
593272000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
1010500000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
597000000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
284248000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
28508000 USD
us-gaap Profit Loss
ProfitLoss
72441000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
35416000 USD
us-gaap Profit Loss
ProfitLoss
105080000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1155000 USD
CY2018Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
777000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
139000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1565000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2012752000 USD
CY2018Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2200403000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
9829208000 USD
CY2018Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
9987526000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7816456000 USD
CY2018Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7787123000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-10353000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
5316000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1330945000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
595151000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
121000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
121000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-879810000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-917009000 USD
CY2017Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
24600000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
71800000 USD
CY2018Q3 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
26000000 USD
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
76800000 USD
CY2017Q3 us-gaap Revenues
Revenues
208749000 USD
us-gaap Revenues
Revenues
602862000 USD
CY2018Q3 us-gaap Revenues
Revenues
223308000 USD
us-gaap Revenues
Revenues
655024000 USD
us-gaap Sale Of Stock Consideration Received On Transaction
SaleOfStockConsiderationReceivedOnTransaction
593300000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
50414000 USD
CY2018Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
8350000000 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
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8879000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8900000 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
CY2018Q3 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
1200000 USD
us-gaap Stock Issued1
StockIssued1
13261000 USD
us-gaap Stock Issued1
StockIssued1
5720000 USD
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
986000 shares
us-gaap Stock Issued During Period Shares Conversion Of Units
StockIssuedDuringPeriodSharesConversionOfUnits
352000 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
1300000 shares
us-gaap Stock Issued During Period Shares Share Based Compensation Gross
StockIssuedDuringPeriodSharesShareBasedCompensationGross
21000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
3900000 shares
us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
48000 shares
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
593272000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2437524000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
2457079000 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
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3902049000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3923541000 USD
us-gaap Straight Line Rent
StraightLineRent
9012000 USD
us-gaap Straight Line Rent
StraightLineRent
12715000 USD
CY2018Q3 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
4420000000 USD
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
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169931000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
169828000 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
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169926000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
169815000 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>

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