2012 Q4 Form 10-Q Financial Statement
#000010489412000118 Filed on November 07, 2012
Income Statement
Concept | 2012 Q4 | 2012 Q3 | 2011 Q3 |
---|---|---|---|
Revenue | $64.66M | $64.47M | $70.55M |
YoY Change | -14.26% | -8.62% | 8.49% |
Cost Of Revenue | $21.73M | $22.53M | $23.56M |
YoY Change | -15.35% | -4.37% | 7.53% |
Gross Profit | $42.94M | $41.94M | $46.99M |
YoY Change | -13.69% | -10.75% | 8.97% |
Gross Profit Margin | 66.41% | 65.05% | 66.61% |
Selling, General & Admin | $4.550M | $3.170M | $3.840M |
YoY Change | 9.9% | -17.45% | 22.29% |
% of Gross Profit | 10.6% | 7.56% | 8.17% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $26.10M | $26.20M | $24.40M |
YoY Change | 2.76% | 7.38% | 0.41% |
% of Gross Profit | 60.78% | 62.47% | 51.93% |
Operating Expenses | $26.05M | $24.85M | $26.94M |
YoY Change | -10.67% | -7.76% | 15.28% |
Operating Profit | $16.89M | $17.25M | $18.45M |
YoY Change | -17.97% | -6.48% | -6.59% |
Interest Expense | -$16.64M | $14.89M | $16.44M |
YoY Change | 3.1% | -9.47% | -198.34% |
% of Operating Profit | -98.52% | 86.28% | 89.13% |
Other Income/Expense, Net | $240.0K | -$14.65M | -$16.17M |
YoY Change | -7.69% | -9.42% | -5676.9% |
Pretax Income | $380.0K | $2.600M | $2.280M |
YoY Change | -103.51% | 14.04% | -26.21% |
Income Tax | $0.00 | $0.00 | $0.00 |
% Of Pretax Income | 0.0% | 0.0% | 0.0% |
Net Earnings | $2.958M | $9.561M | $63.01M |
YoY Change | -90.36% | -84.83% | 851.06% |
Net Earnings / Revenue | 4.57% | 14.83% | 89.31% |
Basic Earnings Per Share | $0.04 | $0.14 | $0.95 |
Diluted Earnings Per Share | $0.04 | $0.14 | $0.95 |
COMMON SHARES | |||
Basic Shares Outstanding | 66.32M shares | 66.25M shares | 66.02M shares |
Diluted Shares Outstanding | 66.38M shares | 66.06M shares |
Balance Sheet
Concept | 2012 Q4 | 2012 Q3 | 2011 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $19.10M | $68.40M | $40.80M |
YoY Change | 49.22% | 67.65% | -84.45% |
Cash & Equivalents | $19.11M | $68.40M | $40.75M |
Short-Term Investments | |||
Other Short-Term Assets | $107.3M | $120.5M | $125.7M |
YoY Change | -10.66% | -4.14% | 35.31% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $46.90M | $57.70M | $52.40M |
Other Receivables | $0.00 | $0.00 | $0.00 |
Total Short-Term Assets | $173.3M | $246.6M | $218.9M |
YoY Change | -6.88% | 12.65% | -45.88% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $1.554B | $1.914B | $1.921B |
YoY Change | -17.65% | -0.37% | 7.28% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | |||
YoY Change | |||
Other Assets | $397.5M | $38.60M | $96.80M |
YoY Change | 724.69% | -60.12% | -16.55% |
Total Long-Term Assets | $1.951B | $1.952B | $2.017B |
YoY Change | 0.85% | -3.23% | 5.82% |
TOTAL ASSETS | |||
Total Short-Term Assets | $173.3M | $246.6M | $218.9M |
Total Long-Term Assets | $1.951B | $1.952B | $2.017B |
Total Assets | $2.124B | $2.199B | $2.236B |
YoY Change | 0.17% | -1.68% | -3.23% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $50.10M | $54.90M | $55.90M |
YoY Change | -1.96% | -1.79% | 3.71% |
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $193.0M |
YoY Change | -100.0% | -100.0% | 93.0% |
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $57.70M | $64.70M | $257.7M |
YoY Change | -63.66% | -74.89% | 57.81% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.225B | $1.305B | $1.086B |
YoY Change | 13.36% | 20.1% | -17.16% |
Other Long-Term Liabilities | $45.30M | $18.50M | $32.60M |
YoY Change | 146.2% | -43.25% | 183.48% |
Total Long-Term Liabilities | $1.271B | $1.323B | $1.119B |
YoY Change | 15.58% | 18.25% | -15.41% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $57.70M | $64.70M | $257.7M |
Total Long-Term Liabilities | $1.271B | $1.323B | $1.119B |
Total Liabilities | $1.328B | $1.388B | $1.382B |
YoY Change | 5.59% | 0.45% | -7.28% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | -$354.1M | -$337.2M | |
YoY Change | 26.43% | ||
Common Stock | $664.0K | $662.0K | |
YoY Change | 0.3% | ||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $792.1M | $807.1M | $854.8M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $2.124B | $2.199B | $2.236B |
YoY Change | 0.17% | -1.68% | -3.23% |
Cashflow Statement
Concept | 2012 Q4 | 2012 Q3 | 2011 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.958M | $9.561M | $63.01M |
YoY Change | -90.36% | -84.83% | 851.06% |
Depreciation, Depletion And Amortization | $26.10M | $26.20M | $24.40M |
YoY Change | 2.76% | 7.38% | 0.41% |
Cash From Operating Activities | $38.60M | $25.70M | $26.40M |
YoY Change | 22.54% | -2.65% | 22.22% |
INVESTING ACTIVITIES | |||
Capital Expenditures | $15.10M | $14.90M | $162.8M |
YoY Change | 2.03% | -90.85% | 2807.14% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | $6.400M | $11.10M | $230.8M |
YoY Change | -93.54% | -95.19% | -115500.0% |
Cash From Investing Activities | -$8.700M | -$3.800M | $68.00M |
YoY Change | -110.32% | -105.59% | -1272.41% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | -79.00M | 32.20M | -96.50M |
YoY Change | -45.06% | -133.37% | -141.36% |
NET CHANGE | |||
Cash From Operating Activities | 38.60M | 25.70M | 26.40M |
Cash From Investing Activities | -8.700M | -3.800M | 68.00M |
Cash From Financing Activities | -79.00M | 32.20M | -96.50M |
Net Change In Cash | -49.10M | 54.10M | -2.100M |
YoY Change | 75.36% | -2676.19% | -100.84% |
FREE CASH FLOW | |||
Cash From Operating Activities | $38.60M | $25.70M | $26.40M |
Capital Expenditures | $15.10M | $14.90M | $162.8M |
Free Cash Flow | $23.50M | $10.80M | -$136.4M |
YoY Change | 40.72% | -107.92% | -952.5% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2011Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
53227000 | USD |
CY2012Q3 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
57704000 | USD |
CY2012Q3 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
54916000 | USD |
CY2011Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
51079000 | USD |
CY2011Q3 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
1600000 | USD |
us-gaap |
Acquisition Costs
AcquisitionCosts
|
144000 | USD | |
us-gaap |
Acquisition Costs
AcquisitionCosts
|
3571000 | USD | |
CY2012Q3 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
-164000 | USD |
CY2011Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1138478000 | USD |
CY2012Q3 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
1143554000 | USD |
CY2011Q3 | us-gaap |
Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
|
7929000 | USD |
CY2012Q3 | us-gaap |
Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
|
14880000 | USD |
CY2011Q4 | us-gaap |
Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
|
409700000 | USD |
CY2012Q3 | us-gaap |
Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
|
14300000 | USD |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
68403000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
12765000 | USD |
CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
40751000 | USD |
us-gaap |
Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
|
18559000 | USD | |
us-gaap |
Additions To Noncurrent Assets
AdditionsToNoncurrentAssets
|
36820000 | USD | |
CY2012Q3 | us-gaap |
Advance Rent
AdvanceRent
|
13829000 | USD |
CY2011Q4 | us-gaap |
Advance Rent
AdvanceRent
|
13584000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4100000 | USD | |
CY2011Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1400000 | USD |
us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4000000 | USD | |
CY2012Q3 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
1300000 | USD |
CY2012Q3 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
10556000 | USD |
CY2011Q4 | us-gaap |
Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
|
8683000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
-3909000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
-4647000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2644000 | USD | |
us-gaap |
Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
|
2836000 | USD | |
CY2012Q3 | us-gaap |
Assets
Assets
|
2198795000 | USD |
CY2011Q4 | us-gaap |
Assets
Assets
|
2120758000 | USD |
CY2011Q3 | us-gaap |
Assets
Assets
|
2236352000 | USD |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
78767000 | USD |
CY2011Q4 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
12765000 | USD |
CY2012Q3 | us-gaap |
Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
|
68403000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-38016000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
55638000 | USD | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.3014 | ||
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.3000 | |
us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
1.1676 | ||
CY2011Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.4338 | |
CY2011Q4 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2012Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
100000000 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
66265000 | shares |
CY2012Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
66326000 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
66265000 | shares |
CY2012Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
66325000 | shares |
CY2011Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
662000 | USD |
CY2012Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
662000 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
|
0 | USD | |
us-gaap |
Comparability Of Prior Year Financial Data
ComparabilityOfPriorYearFinancialData
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:18px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:6px;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">During the second quarter of 2012, we identified certain immaterial classification errors in our consolidated statements of income and have determined that in this Quarterly Report on Form 10-Q and future periodic reports we will correct these reclassification errors by including within the subtotal “real estate operating income” impairment charges and acquisition costs, which had previously been included in “other income (expense).” These reclassifications totaled </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$1.6 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$3.6 million</font><font style="font-family:inherit;font-size:10pt;"> for the 2011 Quarter and Period, respectively. These reclassifications decrease “real estate operating income” and increase “other income (expense)” by an equal and offsetting amount. As a result, these reclassifications did not change income from continuing operations, net income, cash flows or any other operating measure for the periods affected.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, certain prior year amounts have also been reclassified to conform to the current year presentation due to the reclassification of certain properties as discontinued operations (see note 3 to the consolidated financial statements).</font></div></div> | ||
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
9561000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
20750000 | USD | |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
63484000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
75504000 | USD | |
CY2011Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
63512000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
75589000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
20750000 | USD | |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
9561000 | USD |
us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
77485000 | USD | |
CY2011Q3 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
23557000 | USD |
us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
69676000 | USD | |
CY2012Q3 | us-gaap |
Cost Of Real Estate Revenue
CostOfRealEstateRevenue
|
26901000 | USD |
CY2011Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
52102000 | USD |
CY2012Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
56037000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
165508000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
151612000 | USD | |
CY2011Q4 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
463238000 | USD |
CY2012Q3 | us-gaap |
Debt Instrument Fair Value
DebtInstrumentFairValue
|
434029000 | USD |
CY2012Q3 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.03875 | |
CY2011Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
23108000 | USD |
CY2012Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
26127000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
66777000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
76936000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
77803000 | USD | |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
75130000 | USD | |
CY2012Q3 | us-gaap |
Development In Process
DevelopmentInProcess
|
48106000 | USD |
CY2011Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
43089000 | USD |
us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
56639000 | USD | |
CY2012Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
3724000 | USD |
CY2011Q3 | us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
56639000 | USD |
us-gaap |
Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax
DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax
|
3724000 | USD | |
CY2011Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
4087000 | USD |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
10833000 | USD | |
us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
1175000 | USD | |
CY2012Q3 | us-gaap |
Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax
DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax
|
514000 | USD |
CY2012Q3 | us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
|
0 | USD |
us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
|
1138000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
CY2011Q3 | us-gaap |
Discontinued Operation Tax Effect Of Income Loss From Disposal Of Discontinued Operation
DiscontinuedOperationTaxEffectOfIncomeLossFromDisposalOfDiscontinuedOperation
|
-35000 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
891000 | USD | |
CY2012Q3 | us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
64000 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
191000 | USD | |
CY2011Q3 | us-gaap |
Disposal Group Including Discontinued Operation Interest Expense
DisposalGroupIncludingDiscontinuedOperationInterestExpense
|
296000 | USD |
CY2011Q3 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
2281000 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
9012000 | USD | |
CY2012Q3 | us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
419000 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Operating Expense
DisposalGroupIncludingDiscontinuedOperationOperatingExpense
|
1327000 | USD | |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
3560000 | USD | |
CY2011Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
7978000 | USD |
us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
29688000 | USD | |
CY2012Q3 | us-gaap |
Disposal Group Including Discontinued Operation Revenue
DisposalGroupIncludingDiscontinuedOperationRevenue
|
1088000 | USD |
us-gaap |
Dividends
Dividends
|
77805000 | USD | |
CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.95 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.31 | ||
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
1.12 | ||
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
CY2012Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
1.12 | ||
CY2011Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.95 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.31 | ||
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
3724000 | USD | |
us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
56639000 | USD | |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3173000 | USD |
CY2011Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3837000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
11588000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
10943000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
599000 | USD | |
CY2011Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
CY2012Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
2275000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
7946000 | USD | |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
15851000 | USD | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
5323000 | USD |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.03 | |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.08 | |
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.24 | ||
us-gaap |
Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
|
0.12 | ||
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.08 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.12 | ||
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.03 | |
us-gaap |
Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
|
0.24 | ||
CY2012Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
4238000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
66334000 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
4899000 | USD | |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
|
60761000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
1175000 | USD | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
10748000 | USD | |
CY2012Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
514000 | USD |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
|
4059000 | USD |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
1.00 | ||
CY2012Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.06 | |
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.92 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
|
0.07 | ||
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.07 | ||
CY2011Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.92 | |
CY2012Q3 | us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
0.06 | |
us-gaap |
Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
|
1.00 | ||
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2296000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2574000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
19070000 | USD | |
us-gaap |
Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
|
14317000 | USD | |
CY2011Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
47000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
34000 | shares | |
CY2012Q3 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
16000 | shares |
us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
19000 | shares | |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
15985000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
50071000 | USD | |
CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
16443000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
47286000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
42415000 | USD | |
us-gaap |
Interest Paid Net
InterestPaidNet
|
45525000 | USD | |
CY2011Q4 | us-gaap |
Land
Land
|
465445000 | USD |
CY2012Q3 | us-gaap |
Land
Land
|
483198000 | USD |
CY2011Q4 | us-gaap |
Liabilities
Liabilities
|
1257926000 | USD |
CY2012Q3 | us-gaap |
Liabilities
Liabilities
|
1387731000 | USD |
CY2011Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2120758000 | USD |
CY2012Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
2198795000 | USD |
CY2012Q3 | us-gaap |
Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
|
4646000 | USD |
CY2011Q4 | us-gaap |
Liabilities Of Assets Held For Sale
LiabilitiesOfAssetsHeldForSale
|
4774000 | USD |
CY2011Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
99000000 | USD |
CY2012Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
0 | USD |
CY2011Q4 | us-gaap |
Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
|
99000000 | USD |
CY2012Q3 | us-gaap |
Lines Of Credit Fair Value Disclosure
LinesOfCreditFairValueDisclosure
|
0 | USD |
CY2012Q3 | us-gaap |
Minority Interest
MinorityInterest
|
3999000 | USD |
CY2011Q4 | us-gaap |
Minority Interest
MinorityInterest
|
3788000 | USD |
us-gaap |
Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
|
14000 | USD | |
us-gaap |
Minority Interest Increase From Stock Issuance
MinorityInterestIncreaseFromStockIssuance
|
225000 | USD | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">NATURE OF BUSINESS</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Washington Real Estate Investment Trust (“We” or “WRIT”), a Maryland real estate investment trust, is a self-administered, self-managed equity real estate investment trust, successor to a trust organized in 1960. Our business consists of the ownership and development of income-producing real estate properties in the greater Washington metro region. We own a diversified portfolio of office buildings, medical office buildings, multifamily buildings and retail centers.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Federal Income Taxes</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We believe that we qualify as a real estate investment trust (“REIT”) under Sections 856-860 of the Internal Revenue Code and intend to continue to qualify as such. To maintain our status as a REIT, we are required to distribute </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">90%</font><font style="font-family:inherit;font-size:10pt;"> of our ordinary taxable income to our shareholders. When selling properties, we have the option of (a) reinvesting the sales proceeds of properties sold, allowing for a deferral of income taxes on the sale, (b) paying out capital gains to the shareholders with no tax to WRIT or (c) treating the capital gains as having been distributed to the shareholders, paying the tax on the gain deemed distributed and allocating the tax paid as a credit to the shareholders.</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Generally, and subject to our ongoing qualification as a REIT, no provisions for income taxes are necessary except for taxes on undistributed REIT taxable income and taxes on the income generated by our taxable REIT subsidiaries (“TRSs”). Our TRSs are subject to corporate federal and state income tax on their taxable income at regular statutory rates.</font></div></div> | ||
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-101236000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
42961000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-80088000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-23167000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
92765000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
86387000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
74195000 | USD | |
CY2011Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
63008000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
20750000 | USD | |
CY2012Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
9561000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
85000 | USD | |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD | |
CY2011Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
28000 | USD |
CY2012Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
0 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-46553000 | USD | |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-49185000 | USD | |
CY2012Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-15748000 | USD |
CY2011Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-16173000 | USD |
CY2011Q4 | us-gaap |
Notes Payable
NotesPayable
|
657470000 | USD |
CY2012Q3 | us-gaap |
Notes Payable
NotesPayable
|
906058000 | USD |
CY2011Q4 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
713797000 | USD |
CY2012Q3 | us-gaap |
Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
|
978498000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
62404000 | USD | |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
21071000 | USD |
CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
18448000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
57131000 | USD | |
CY2012Q3 | us-gaap |
Other Assets Held For Sale Current
OtherAssetsHeldForSaleCurrent
|
693000 | USD |
CY2011Q4 | us-gaap |
Other Assets Held For Sale Current
OtherAssetsHeldForSaleCurrent
|
1322000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
476000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
0 | USD |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
1309000 | USD | |
us-gaap |
Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Period Increase Decrease
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPeriodIncreaseDecrease
|
0 | USD | |
CY2012Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
237000 | USD |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
886000 | USD | |
us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
733000 | USD | |
CY2011Q3 | us-gaap |
Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
|
270000 | USD |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
18117000 | USD | |
us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
36310000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
86190000 | USD | |
us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
77805000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
-211000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
151000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
442000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
510000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
52142000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
281701000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
12128000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
4525000 | USD | |
CY2012Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2011Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2012Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
10000000 | shares |
CY2012Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2012Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2011Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2012Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2012Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
120486000 | USD |
CY2011Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
120075000 | USD |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
298314000 | USD | |
us-gaap |
Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
|
0 | USD | |
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
3850000 | USD | |
us-gaap |
Proceeds From Other Equity
ProceedsFromOtherEquity
|
1315000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
93000000 | USD | |
us-gaap |
Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
|
-99000000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
289221000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
13399000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
1088000 | USD | |
us-gaap |
Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
|
100000 | USD | |
CY2012Q3 | us-gaap |
Profit Loss
ProfitLoss
|
9561000 | USD |
CY2011Q3 | us-gaap |
Profit Loss
ProfitLoss
|
63036000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
74280000 | USD | |
us-gaap |
Profit Loss
ProfitLoss
|
20750000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
2847000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
3009000 | USD | |
CY2012Q3 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
18264000 | USD |
CY2011Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
27669000 | USD |
CY2011Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
521503000 | USD |
CY2012Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
583706000 | USD |
CY2012Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2449230000 | USD |
CY2011Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2364885000 | USD |
CY2011Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1886471000 | USD |
CY2012Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
1913630000 | USD |
CY2011Q4 | us-gaap |
Real Estate Investments
RealEstateInvestments
|
1843382000 | USD |
CY2012Q3 | us-gaap |
Real Estate Investments
RealEstateInvestments
|
1865524000 | USD |
CY2012Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
77108000 | USD |
CY2011Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
70550000 | USD |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
227912000 | USD | |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
208743000 | USD | |
CY2012Q3 | us-gaap |
Rental Properties
RentalProperties
|
1966032000 | USD |
CY2011Q4 | us-gaap |
Rental Properties
RentalProperties
|
1899440000 | USD |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
25527000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
12403000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
50000000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
96521000 | USD | |
CY2011Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
19229000 | USD |
CY2012Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
19615000 | USD |
CY2012Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-337151000 | USD |
CY2011Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-280096000 | USD |
CY2012Q3 | us-gaap |
Secured Debt
SecuredDebt
|
398511000 | USD |
CY2011Q4 | us-gaap |
Secured Debt
SecuredDebt
|
423291000 | USD |
CY2011Q4 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
8728000 | USD |
CY2012Q3 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
9771000 | USD |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
3996000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4138000 | USD | |
CY2011 | us-gaap |
Square Footage Of Real Estate Property
SquareFootageOfRealEstateProperty
|
3272000 | sqft |
CY2012Q3 | us-gaap |
Square Footage Of Real Estate Property
SquareFootageOfRealEstateProperty
|
214000 | sqft |
us-gaap |
Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
|
1315000 | USD | |
us-gaap |
Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
|
3661000 | USD | |
us-gaap |
Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
|
100000 | USD | |
CY2012Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
807065000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
859044000 | USD |
CY2012Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
811064000 | USD |
CY2011Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
862832000 | USD |
us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
371000 | USD | |
CY2012Q3 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
70000 | USD |
CY2011Q3 | us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
14000 | USD |
us-gaap |
Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
|
48000 | USD | |
us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates in the Financial Statements</font></div><div style="line-height:120%;padding-top:6px;text-align:justify;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 and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div> | ||
CY2011Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66064000 | shares |
CY2012Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66379000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
65987000 | shares | |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
66363000 | shares | |
CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66017000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66227000 | shares | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
65953000 | shares | |
wre |
Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
|
117000 | shares | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
66246000 | shares |
wre |
Adjusted Income From Discontinuing Operations Attributable To Controlling Interests
AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests
|
4785000 | USD | |
CY2012Q3 | wre |
Adjusted Income From Discontinuing Operations Attributable To Controlling Interests
AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests
|
4183000 | USD |
wre |
Adjusted Income From Discontinuing Operations Attributable To Controlling Interests
AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests
|
65845000 | USD | |
CY2011Q3 | wre |
Adjusted Income From Discontinuing Operations Attributable To Controlling Interests
AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests
|
60362000 | USD |
wre |
Adjusted Income Loss From Continuing Operations
AdjustedIncomeLossFromContinuingOperations
|
15480000 | USD | |
CY2012Q3 | wre |
Adjusted Income Loss From Continuing Operations
AdjustedIncomeLossFromContinuingOperations
|
5253000 | USD |
wre |
Adjusted Income Loss From Continuing Operations
AdjustedIncomeLossFromContinuingOperations
|
7898000 | USD | |
CY2011Q3 | wre |
Adjusted Income Loss From Continuing Operations
AdjustedIncomeLossFromContinuingOperations
|
2261000 | USD |
CY2011Q3 | wre |
Adjusted Net Income Attributable To Controlling Interests Income Numerator
AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator
|
62623000 | USD |
wre |
Adjusted Net Income Attributable To Controlling Interests Income Numerator
AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator
|
73743000 | USD | |
wre |
Adjusted Net Income Attributable To Controlling Interests Income Numerator
AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator
|
20265000 | USD | |
CY2012Q3 | wre |
Adjusted Net Income Attributable To Controlling Interests Income Numerator
AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator
|
9436000 | USD |
wre |
Credits Received At Settlement
CreditsReceivedAtSettlement
|
100000 | USD | |
CY2011Q3 | wre |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
1314000 | USD |
CY2012Q3 | wre |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
91000 | USD |
wre |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
8353000 | USD | |
wre |
Disposal Group Including Discontinued Operation Depreciation And Amortization
DisposalGroupIncludingDiscontinuedOperationDepreciationAndAmortization
|
867000 | USD | |
CY2011Q4 | wre |
Fair Value Assets Measured On Recurring Basis Supplemental Executive Retirement Program
FairValueAssetsMeasuredOnRecurringBasisSupplementalExecutiveRetirementProgram
|
1700000 | USD |
CY2012Q3 | wre |
Fair Value Assets Measured On Recurring Basis Supplemental Executive Retirement Program
FairValueAssetsMeasuredOnRecurringBasisSupplementalExecutiveRetirementProgram
|
2300000 | USD |
CY2012Q3 | wre |
Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
|
117000 | shares |
CY2011Q3 | wre |
Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
|
0 | shares |
wre |
Incremental Common Shares Attributable To Operating Partnership Units
IncrementalCommonSharesAttributableToOperatingPartnershipUnits
|
0 | shares | |
CY2012Q3 | wre |
Number Of Reportable Segments
NumberOfReportableSegments
|
4 | segment |
CY2011Q3 | wre |
Operating Income Loss Net
OperatingIncomeLossNet
|
46993000 | USD |
CY2012Q3 | wre |
Operating Income Loss Net
OperatingIncomeLossNet
|
50207000 | USD |
wre |
Operating Income Loss Net
OperatingIncomeLossNet
|
139067000 | USD | |
wre |
Operating Income Loss Net
OperatingIncomeLossNet
|
150427000 | USD | |
CY2011Q2 | wre |
Percentage Of Capital Contribution Through Debt
PercentageOfCapitalContributionThroughDebt
|
0.70 | |
wre |
Percentage Of Distribution Of Ordinary Taxable Income
PercentageOfDistributionOfOrdinaryTaxableIncome
|
0.9 | ||
CY2012Q3 | wre |
Restricted Cash Fair Value
RestrictedCashFairValue
|
19615000 | USD |
CY2011Q4 | wre |
Restricted Cash Fair Value
RestrictedCashFairValue
|
19229000 | USD |
wre |
Undistributed Earnings Allocated To Participating Securites Discontinued Operations
UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations
|
404000 | USD | |
CY2012Q3 | wre |
Undistributed Earnings Allocated To Participating Securites Discontinued Operations
UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations
|
55000 | USD |
CY2011Q3 | wre |
Undistributed Earnings Allocated To Participating Securites Discontinued Operations
UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations
|
371000 | USD |
wre |
Undistributed Earnings Allocated To Participating Securites Discontinued Operations
UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations
|
114000 | USD | |
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
|
2012 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2012-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
dei |
Entity Central Index Key
EntityCentralIndexKey
|
0000104894 | ||
CY2012Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
66324676 | shares |
dei |
Entity Filer Category
EntityFilerCategory
|
Large Accelerated Filer | ||
dei |
Entity Registrant Name
EntityRegistrantName
|
WASHINGTON REAL ESTATE INVESTMENT TRUST |