$ELME
Elme Communities Stock $elme

$elme Overview Financials Valuation SEC Filings Company Website

2015 Q4 Form 10-Q Financial Statement

#000010489415000109 Filed on November 04, 2015

Income Statement

Concept	2015 Q4	2015 Q3	2014 Q3
Revenue	$79.10M	$78.24M	$73.41M
YoY Change	6.38%	6.58%	11.52%
Cost Of Revenue	$27.69M	$28.11M	$25.91M
YoY Change	6.87%	8.49%	11.49%
Gross Profit	$51.41M	$50.13M	$47.50M
YoY Change	6.11%	5.55%	11.53%
Gross Profit Margin	64.99%	64.07%	64.7%
Selling, General & Admin	$4.920M	$4.910M	$4.520M
YoY Change	-17.73%	8.63%	17.4%
% of Gross Profit	9.57%	9.79%	9.52%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$28.80M	$29.30M	$24.30M
YoY Change	17.55%	20.58%	-0.41%
% of Gross Profit	56.02%	58.44%	51.16%
Operating Expenses	$33.73M	$63.30M	$54.86M
YoY Change	10.63%	15.38%	13.33%
Operating Profit	$17.68M	$14.95M	$18.55M
YoY Change	-1.56%	-19.45%	6.51%
Interest Expense	-$15.01M	$14.49M	$15.09M
YoY Change	-1.12%	-3.98%	-5.29%
% of Operating Profit	-84.9%	96.93%	81.32%
Other Income/Expense, Net	$160.0K	-$14.37M	-$14.90M
YoY Change	-15.79%	-3.56%	-5.19%
Pretax Income	$62.10M	$620.0K	$3.660M
YoY Change	2588.31%	-83.06%	114.04%
Income Tax		$42.00K	$0.00
% Of Pretax Income		6.77%	0.0%
Net Earnings	$62.13M	$647.0K	$3.668M
YoY Change	2566.65%	-82.36%	-37.19%
Net Earnings / Revenue	78.55%	0.83%	5.0%
Basic Earnings Per Share	$0.91	$0.01	$0.05
Diluted Earnings Per Share	$0.91	$0.01	$0.05
COMMON SHARES
Basic Shares Outstanding	68.18M shares	68.19M shares	66.74M shares
Diluted Shares Outstanding		68.31M shares	66.79M shares

Balance Sheet

Concept	2015 Q4	2015 Q3	2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$23.80M	$21.00M	$8.600M
YoY Change	50.63%	144.19%	8.86%
Cash & Equivalents	$23.83M	$21.01M	$8.571M
Short-Term Investments
Other Short-Term Assets	$109.8M	$122.6M	$116.3M
YoY Change	-9.33%	5.42%	5.63%
Inventory
Prepaid Expenses
Receivables	$62.90M	$62.30M	$58.10M
Other Receivables	$0.00	$0.00	$0.00
Total Short-Term Assets	$196.5M	$205.9M	$183.0M
YoY Change	-0.05%	12.51%	9.84%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.981B	$2.005B	$1.867B
YoY Change	3.91%	7.41%	20.46%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$13.40M	$17.80M	$9.500M
YoY Change	30.1%	87.37%	-97.45%
Total Long-Term Assets	$1.995B	$2.017B	$1.876B
YoY Change	4.34%	7.52%	-2.36%
TOTAL ASSETS
Total Short-Term Assets	$196.5M	$205.9M	$183.0M
Total Long-Term Assets	$1.995B	$2.017B	$1.876B
Total Assets	$2.191B	$2.223B	$2.059B
YoY Change	3.93%	7.96%	-1.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$45.40M	$54.10M	$64.20M
YoY Change	-16.39%	-15.73%	12.43%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$75.20M	$63.30M	$72.80M
YoY Change	18.99%	-13.05%	12.52%
LONG-TERM LIABILITIES
Long-Term Debt	$1.266B	$1.362B	$1.165B
YoY Change	4.15%	16.85%	-4.66%
Other Long-Term Liabilities	$12.70M	$11.10M	$12.20M
YoY Change	1.6%	-9.02%	-71.63%
Total Long-Term Liabilities	$1.279B	$1.373B	$1.178B
YoY Change	4.13%	16.58%	-6.94%
TOTAL LIABILITIES
Total Short-Term Liabilities	$75.20M	$63.30M	$72.80M
Total Long-Term Liabilities	$1.279B	$1.373B	$1.178B
Total Liabilities	$1.354B	$1.436B	$1.250B
YoY Change	5.29%	14.87%	-6.0%
SHAREHOLDERS EQUITY
Retained Earnings	-$357.8M	-$399.4M	-$347.7M
YoY Change	-2.12%	14.87%	-12.15%
Common Stock	$682.0K	$682.0K	$667.0K
YoY Change	0.59%	2.25%	0.3%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$835.6M	$791.2M	$806.3M
YoY Change
Total Liabilities & Shareholders Equity	$2.191B	$2.229B	$2.059B
YoY Change	3.93%	8.23%	-1.39%

Cashflow Statement

Concept	2015 Q4	2015 Q3	2014 Q3
OPERATING ACTIVITIES
Net Income	$62.13M	$647.0K	$3.668M
YoY Change	2566.65%	-82.36%	-37.19%
Depreciation, Depletion And Amortization	$28.80M	$29.30M	$24.30M
YoY Change	17.55%	20.58%	-0.41%
Cash From Operating Activities	$33.10M	$21.90M	$23.80M
YoY Change	63.86%	-7.98%	-21.97%
INVESTING ACTIVITIES
Capital Expenditures	$18.70M	$159.7M	$14.20M
YoY Change	-66.31%	1024.65%	-17.44%
Acquisitions
YoY Change
Other Investing Activities	$84.20M	-$1.800M	-$15.20M
YoY Change	-632.91%	-88.16%	424.14%
Cash From Investing Activities	$65.60M	-$161.5M	-$29.50M
YoY Change	-192.13%	447.46%	46.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-92.70M	137.8M	-8.700M
YoY Change	-259.28%	-1683.91%	6.1%
NET CHANGE
Cash From Operating Activities	33.10M	21.90M	23.80M
Cash From Investing Activities	65.60M	-161.5M	-29.50M
Cash From Financing Activities	-92.70M	137.8M	-8.700M
Net Change In Cash	6.000M	-1.800M	-14.40M
YoY Change	-16.67%	-87.5%	-754.55%
FREE CASH FLOW
Cash From Operating Activities	$33.10M	$21.90M	$23.80M
Capital Expenditures	$18.70M	$159.7M	$14.20M
Free Cash Flow	$14.40M	-$137.8M	$9.600M
YoY Change	-140.79%	-1535.42%	-27.82%

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	2015
	dei	Document Period End Date DocumentPeriodEndDate	2015-09-30
	dei	Document Type DocumentType	10-Q
	dei	Entity Central Index Key EntityCentralIndexKey	0000104894
CY2015Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	68178215	shares
	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
	dei	Entity Registrant Name EntityRegistrantName	WASHINGTON REAL ESTATE INVESTMENT TRUST
CY2014Q4	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	59745000	USD
CY2015Q3	us-gaap	Accounts And Notes Receivable Net AccountsAndNotesReceivableNet	62306000	USD
CY2014Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	54318000	USD
CY2015Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	54131000	USD
CY2014Q4	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	0	USD
CY2015Q3	us-gaap	Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax	-2288000	USD
CY2014Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1184395000	USD
CY2015Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	1192202000	USD
CY2014Q4	us-gaap	Advance Rent AdvanceRent	12528000	USD
CY2015Q3	us-gaap	Advance Rent AdvanceRent	10766000	USD
CY2015Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
CY2014Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	67819000	shares
CY2015Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	68180000	shares
CY2015Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	1626000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	29811000	USD
CY2014Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	76853000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	224488000	USD
CY2015Q3	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	78243000	USD
CY2014Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	1300000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	3800000	USD
CY2015Q3	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	900000	USD
	us-gaap	Allocated Share Based Compensation Expense AllocatedShareBasedCompensationExpense	4000000	USD
CY2014Q4	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	3392000	USD
CY2015Q3	us-gaap	Allowance For Doubtful Accounts Premiums And Other Receivables AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables	2945000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2730000	USD
	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	2661000	USD
CY2014Q4	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	430000	sqft
CY2014Q3	us-gaap	Assets Assets	2059379000	USD
CY2014Q4	us-gaap	Assets Assets	2113707000	USD
CY2015Q3	us-gaap	Assets Assets	2228860000	USD
CY2014Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.03
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	1.59
CY2015Q3	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.02
	us-gaap	Business Acquisition Pro Forma Earnings Per Share Diluted BusinessAcquisitionProFormaEarningsPerShareDiluted	0.43
CY2014Q3	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	2205000	USD
	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	-323000	USD
CY2015Q3	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	1626000	USD
	us-gaap	Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax	29811000	USD
CY2014Q3	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	2205000	USD
	us-gaap	Business Acquisitions Pro Forma Net Income Loss BusinessAcquisitionsProFormaNetIncomeLoss	106208000	USD
	us-gaap	Business Acquisitions Pro Forma Revenue BusinessAcquisitionsProFormaRevenue	234095000	USD
CY2014Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	69000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	5047000	USD
CY2015Q3	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	929000	USD
	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	1937000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	130343000	USD
CY2014Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	8571000	USD
CY2014Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	15827000	USD
CY2015Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	21012000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-121772000	USD
	us-gaap	Cash And Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	5185000	USD
	us-gaap	Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths	1800000	USD
CY2014Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.30
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.90
CY2015Q3	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.30
	us-gaap	Common Stock Dividends Per Share Cash Paid CommonStockDividendsPerShareCashPaid	0.90
CY2014Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2015Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	100000000	shares
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	5909000	USD
CY2014Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	67819000	shares
CY2015Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	68180000	shares
CY2014Q4	us-gaap	Common Stock Value CommonStockValue	678000	USD
CY2015Q3	us-gaap	Common Stock Value CommonStockValue	682000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	3668000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	109309000	USD
CY2015Q3	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	-1641000	USD
	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	25319000	USD
CY2014Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	3658000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	109292000	USD
CY2015Q3	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	-1708000	USD
	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	24804000	USD
CY2014Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	25914000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	77784000	USD
CY2015Q3	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	28109000	USD
	us-gaap	Cost Of Real Estate Revenue CostOfRealEstateRevenue	84546000	USD
CY2014Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	24354000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	71508000	USD
CY2015Q3	us-gaap	Depreciation And Amortization DepreciationAndAmortization	29349000	USD
	us-gaap	Depreciation And Amortization DepreciationAndAmortization	80127000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	71508000	USD
	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	80127000	USD
CY2014Q4	us-gaap	Derivative Liabilities DerivativeLiabilities	0	USD
CY2015Q3	us-gaap	Derivative Liabilities DerivativeLiabilities	2288000	USD
CY2014Q4	us-gaap	Development In Process DevelopmentInProcess	76235000	USD
CY2015Q3	us-gaap	Development In Process DevelopmentInProcess	35256000	USD
CY2014Q3	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	0	USD
	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	105985000	USD
CY2015Q3	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	0	USD
	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	0	USD
CY2014Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	0	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	546000	USD
CY2015Q3	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	0	USD
	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	0	USD
CY2014Q3	us-gaap	Disposal Group Including Discontinued Operation Operating Expense DisposalGroupIncludingDiscontinuedOperationOperatingExpense	0	USD
	us-gaap	Disposal Group Including Discontinued Operation Operating Expense DisposalGroupIncludingDiscontinuedOperationOperatingExpense	346000	USD
CY2015Q3	us-gaap	Disposal Group Including Discontinued Operation Operating Expense DisposalGroupIncludingDiscontinuedOperationOperatingExpense	0	USD
	us-gaap	Disposal Group Including Discontinued Operation Operating Expense DisposalGroupIncludingDiscontinuedOperationOperatingExpense	0	USD
CY2014Q4	us-gaap	Disposal Group Including Discontinued Operation Other Current Assets DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets	0	USD
CY2015Q3	us-gaap	Disposal Group Including Discontinued Operation Other Current Assets DisposalGroupIncludingDiscontinuedOperationOtherCurrentAssets	278000	USD
CY2014Q3	us-gaap	Disposal Group Including Discontinued Operation Revenue DisposalGroupIncludingDiscontinuedOperationRevenue	0	USD
	us-gaap	Disposal Group Including Discontinued Operation Revenue DisposalGroupIncludingDiscontinuedOperationRevenue	892000	USD
CY2015Q3	us-gaap	Disposal Group Including Discontinued Operation Revenue DisposalGroupIncludingDiscontinuedOperationRevenue	0	USD
	us-gaap	Disposal Group Including Discontinued Operation Revenue DisposalGroupIncludingDiscontinuedOperationRevenue	0	USD
CY2014Q3	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	USD
	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	570000	USD
CY2015Q3	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	0	USD
	us-gaap	Disposal Group Not Discontinued Operation Gain Loss On Disposal DisposalGroupNotDiscontinuedOperationGainLossOnDisposal	31731000	USD
	us-gaap	Dividends Dividends	61510000	USD
CY2014Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.05
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	1.63
CY2015Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.01
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.40
CY2014Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.05
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	1.63
CY2015Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.01
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.40
CY2014Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
CY2015Q3	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	0	USD
	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-119000	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	106555000	USD
CY2014	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	106555000	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	31731000	USD
CY2014Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4523000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	13780000	USD
CY2015Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	4953000	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	15339000	USD
CY2014Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2015Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	3658000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	2761000	USD
CY2015Q3	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	580000	USD
	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	27092000	USD
CY2014Q3	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.05
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.04
CY2015Q3	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.01
	us-gaap	Income Loss From Continuing Operations Per Basic Share IncomeLossFromContinuingOperationsPerBasicShare	0.40
CY2014Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.05
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.04
CY2015Q3	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.01
	us-gaap	Income Loss From Continuing Operations Per Diluted Share IncomeLossFromContinuingOperationsPerDilutedShare	0.40
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	0	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	106531000	USD
CY2015Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	0	USD
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	0	USD
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.00
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	1.59
CY2015Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.00
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare	0.00
CY2014Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.00
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	1.59
CY2015Q3	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.00
	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare	0.00
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3013000	USD
	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-3531000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	16255000	USD
	us-gaap	Increase Decrease In Prepaid Deferred Expense And Other Assets IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets	9733000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	550000	USD
	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	2897000	USD
CY2014Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	52000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	35000	shares
CY2015Q3	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	119000	shares
	us-gaap	Incremental Common Shares Attributable To Share Based Payment Arrangements IncrementalCommonSharesAttributableToShareBasedPaymentArrangements	122000	shares
CY2014Q3	us-gaap	Interest Expense InterestExpense	15087000	USD
	us-gaap	Interest Expense InterestExpense	44602000	USD
CY2015Q3	us-gaap	Interest Expense InterestExpense	14486000	USD
	us-gaap	Interest Expense InterestExpense	44534000	USD
	us-gaap	Interest Paid Net InterestPaidNet	36770000	USD
	us-gaap	Interest Paid Net InterestPaidNet	38023000	USD
CY2014Q4	us-gaap	Land Land	543546000	USD
CY2015Q3	us-gaap	Land Land	572880000	USD
CY2014Q4	us-gaap	Liabilities Liabilities	1291478000	USD
CY2015Q3	us-gaap	Liabilities Liabilities	1436284000	USD
CY2014Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2113707000	USD
CY2015Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	2228860000	USD
CY2014Q4	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	0	USD
CY2015Q3	us-gaap	Liabilities Of Disposal Group Including Discontinued Operation LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation	329000	USD
CY2014Q4	us-gaap	Line Of Credit LineOfCredit	50000000	USD
CY2015Q3	us-gaap	Line Of Credit LineOfCredit	195000000	USD
CY2014Q4	us-gaap	Minority Interest MinorityInterest	2674000	USD
CY2015Q3	us-gaap	Minority Interest MinorityInterest	1401000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-147985000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	84323000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-36664000	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-155350000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	62877000	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	76212000	USD
CY2014Q3	us-gaap	Net Income Loss NetIncomeLoss	3668000	USD
	us-gaap	Net Income Loss NetIncomeLoss	109309000	USD
CY2015Q3	us-gaap	Net Income Loss NetIncomeLoss	647000	USD
	us-gaap	Net Income Loss NetIncomeLoss	27607000	USD
CY2014Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-10000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-17000	USD
CY2015Q3	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-67000	USD
	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	-515000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	100861000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	23085000	USD
	us-gaap	Noncash Or Part Noncash Acquisition Debt Assumed1 NoncashOrPartNoncashAcquisitionDebtAssumed1	0	USD
CY2014Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-14895000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-43968000	USD
CY2015Q3	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-14323000	USD
	us-gaap	Nonoperating Income Expense NonoperatingIncomeExpense	-44106000	USD
CY2014Q4	us-gaap	Notes Payable NotesPayable	747208000	USD
CY2015Q3	us-gaap	Notes Payable NotesPayable	747540000	USD
	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	3	segment
CY2014Q3	us-gaap	Operating Expenses OperatingExpenses	54860000	USD
	us-gaap	Operating Expenses OperatingExpenses	168119000	USD
CY2015Q3	us-gaap	Operating Expenses OperatingExpenses	63340000	USD
	us-gaap	Operating Expenses OperatingExpenses	187858000	USD
CY2014Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	18553000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	46729000	USD
CY2015Q3	us-gaap	Operating Income Loss OperatingIncomeLoss	14903000	USD
	us-gaap	Operating Income Loss OperatingIncomeLoss	71198000	USD
CY2014Q3	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent	0	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent	0	USD
CY2015Q3	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent	-2288000	USD
	us-gaap	Other Comprehensive Income Derivatives Qualifying As Hedges Before Tax Portion Attributable To Parent OtherComprehensiveIncomeDerivativesQualifyingAsHedgesBeforeTaxPortionAttributableToParent	-2288000	USD
	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-2288000	USD
CY2014Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	192000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	634000	USD
CY2015Q3	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	163000	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	547000	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	660000	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	4910000	USD
	us-gaap	Payments For Capital Improvements PaymentsForCapitalImprovements	41945000	USD
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	2500000	USD
	us-gaap	Payments For Deposits On Real Estate Acquisitions PaymentsForDepositsOnRealEstateAcquisitions	0	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	60153000	USD
	us-gaap	Payments Of Dividends PaymentsOfDividends	61510000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	44000	USD
	us-gaap	Payments To Acquire Productive Assets PaymentsToAcquireProductiveAssets	2116000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	154126000	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	151682000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	28363000	USD
	us-gaap	Payments To Develop Real Estate Assets PaymentsToDevelopRealEstateAssets	29136000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	3454000	USD
	us-gaap	Payments To Minority Shareholders PaymentsToMinorityShareholders	0	USD
CY2014Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2015Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.01
CY2014Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2015Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	10000000	shares
CY2014Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2014Q4	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2015Q3	us-gaap	Preferred Stock Shares Outstanding PreferredStockSharesOutstanding	0	shares
CY2014Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2015Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2014Q4	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	121082000	USD
CY2015Q3	us-gaap	Prepaid Expense And Other Assets PrepaidExpenseAndOtherAssets	122629000	USD
	us-gaap	Proceeds From Construction Loans Payable ProceedsFromConstructionLoansPayable	14137000	USD
	us-gaap	Proceeds From Construction Loans Payable ProceedsFromConstructionLoansPayable	4017000	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0	USD
	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	5079000	USD
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	5000	USD
	us-gaap	Proceeds From Payments To Minority Shareholders ProceedsFromPaymentsToMinorityShareholders	5000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	5000000	USD
	us-gaap	Proceeds From Repayments Of Lines Of Credit ProceedsFromRepaymentsOfLinesOfCredit	145000000	USD
	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	0	USD
	us-gaap	Proceeds From Repayments Of Other Long Term Debt ProceedsFromRepaymentsOfOtherLongTermDebt	150000000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	190864000	USD
	us-gaap	Proceeds From Sale Of Real Estate Heldforinvestment ProceedsFromSaleOfRealEstateHeldforinvestment	53566000	USD
CY2014Q3	us-gaap	Profit Loss ProfitLoss	3658000	USD
	us-gaap	Profit Loss ProfitLoss	109292000	USD
CY2015Q3	us-gaap	Profit Loss ProfitLoss	580000	USD
	us-gaap	Profit Loss ProfitLoss	27092000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1335000	USD
	us-gaap	Provision For Doubtful Accounts ProvisionForDoubtfulAccounts	1337000	USD
CY2014Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	USD
CY2015Q3	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	5010000	USD
CY2014Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	640434000	USD
CY2015Q3	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	677480000	USD
CY2014Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2470953000	USD
CY2015Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2647305000	USD
CY2014Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	1906754000	USD
CY2015Q3	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	2005081000	USD
CY2014Q4	us-gaap	Real Estate Investments RealEstateInvestments	1830519000	USD
CY2015Q3	us-gaap	Real Estate Investments RealEstateInvestments	1969825000	USD
CY2014Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	73413000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	214278000	USD
CY2015Q3	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	78243000	USD
	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	227325000	USD
CY2014Q4	us-gaap	Rental Properties RentalProperties	1927407000	USD
CY2015Q3	us-gaap	Rental Properties RentalProperties	2074425000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	2860000	USD
	us-gaap	Repayments Of Secured Debt RepaymentsOfSecuredDebt	3358000	USD
	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	100000000	USD
	us-gaap	Repayments Of Unsecured Debt RepaymentsOfUnsecuredDebt	150000000	USD
CY2014Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	10299000	USD
CY2015Q3	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	12544000	USD
CY2014Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-365518000	USD
CY2015Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-399421000	USD
CY2014Q4	us-gaap	Secured Debt SecuredDebt	418525000	USD
CY2015Q3	us-gaap	Secured Debt SecuredDebt	419293000	USD
CY2014Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	8899000	USD
CY2015Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	9225000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3835000	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	3962000	USD
	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	5079000	USD
	us-gaap	Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures	2732000	USD
CY2014Q4	us-gaap	Stockholders Equity StockholdersEquity	819555000	USD
CY2015Q3	us-gaap	Stockholders Equity StockholdersEquity	791175000	USD
CY2014Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	822229000	USD
CY2015Q3	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	792576000	USD
CY2014Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	44000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	-11000	USD
CY2015Q3	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	47000	USD
	us-gaap	Undistributed Earnings Loss Allocated To Participating Securities Basic UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic	184000	USD
CY2014Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66790000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	66760000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68305000	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	68290000	shares
CY2014Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	66738000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	66725000	shares
CY2015Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68186000	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	68168000	shares
CY2014Q3	wre	Adjusted Income From Discontinuing Operations Attributable To Controlling Interests AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests	0	USD
	wre	Adjusted Income From Discontinuing Operations Attributable To Controlling Interests AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests	106196000	USD
CY2015Q3	wre	Adjusted Income From Discontinuing Operations Attributable To Controlling Interests AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests	0	USD
	wre	Adjusted Income From Discontinuing Operations Attributable To Controlling Interests AdjustedIncomeFromDiscontinuingOperationsAttributableToControllingInterests	0	USD
CY2014Q3	wre	Adjusted Income Loss From Continuing Operations AdjustedIncomeLossFromContinuingOperations	3624000	USD
	wre	Adjusted Income Loss From Continuing Operations AdjustedIncomeLossFromContinuingOperations	2789000	USD
CY2015Q3	wre	Adjusted Income Loss From Continuing Operations AdjustedIncomeLossFromContinuingOperations	600000	USD
	wre	Adjusted Income Loss From Continuing Operations AdjustedIncomeLossFromContinuingOperations	27423000	USD
CY2014Q3	wre	Adjusted Net Income Attributable To Controlling Interests Income Numerator AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator	3624000	USD
	wre	Adjusted Net Income Attributable To Controlling Interests Income Numerator AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator	108985000	USD
CY2015Q3	wre	Adjusted Net Income Attributable To Controlling Interests Income Numerator AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator	600000	USD
	wre	Adjusted Net Income Attributable To Controlling Interests Income Numerator AdjustedNetIncomeAttributableToControllingInterestsIncomeNumerator	27423000	USD
CY2014Q3	wre	Capital Expenditures CapitalExpenditures	13001000	USD
	wre	Capital Expenditures CapitalExpenditures	41989000	USD
CY2015Q3	wre	Capital Expenditures CapitalExpenditures	10974000	USD
	wre	Capital Expenditures CapitalExpenditures	25201000	USD
	wre	Commercial Paper Maturity CommercialPaperMaturity	90
	wre	Contributions From Noncontrolling Interest ContributionsFromNoncontrollingInterest	5000	USD
CY2014Q4	wre	Disposal Group Including Discontinued Operation Sale Price DisposalGroupIncludingDiscontinuedOperationSalePrice	195161000	USD
CY2014Q4	wre	Fair Value Assets Measured On Recurring Basis Supplemental Executive Retirement Program FairValueAssetsMeasuredOnRecurringBasisSupplementalExecutiveRetirementProgram	2778000	USD
CY2015Q3	wre	Fair Value Assets Measured On Recurring Basis Supplemental Executive Retirement Program FairValueAssetsMeasuredOnRecurringBasisSupplementalExecutiveRetirementProgram	1296000	USD
	wre	Increase Decreasein Accrued Capital Improvements IncreaseDecreaseinAccruedCapitalImprovements	-10860000	USD
	wre	Increase Decreasein Accrued Capital Improvements IncreaseDecreaseinAccruedCapitalImprovements	-656000	USD
CY2014Q3	wre	Operating Income Loss Net OperatingIncomeLossNet	47499000	USD
	wre	Operating Income Loss Net OperatingIncomeLossNet	136494000	USD
CY2015Q3	wre	Operating Income Loss Net OperatingIncomeLossNet	50134000	USD
	wre	Operating Income Loss Net OperatingIncomeLossNet	142779000	USD
	wre	Percentage Of Distribution Of Ordinary Taxable Income PercentageOfDistributionOfOrdinaryTaxableIncome	0.9
CY2014Q3	wre	Undistributed Earnings Allocated To Participating Securites Discontinued Operations UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations	0	USD
	wre	Undistributed Earnings Allocated To Participating Securites Discontinued Operations UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations	335000	USD
CY2015Q3	wre	Undistributed Earnings Allocated To Participating Securites Discontinued Operations UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations	0	USD
	wre	Undistributed Earnings Allocated To Participating Securites Discontinued Operations UndistributedEarningsAllocatedToParticipatingSecuritesDiscontinuedOperations	0	USD
	us-gaap	Derivatives Methods Of Accounting Hedge Effectiveness DerivativesMethodsOfAccountingHedgeEffectiveness	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Derivatives</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;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">We borrow funds at a combination of fixed and variable rates. Borrowings under the our revolving credit facility and term loans bear interest at variable rates. Our interest rate risk management objectives are to minimize interest rate fluctuation on long-term indebtedness and limit the impact of interest rate changes on earnings and cash flows. To achieve these objectives, from time to time, we may enter into interest rate hedge contracts such as collars, swaps, caps and treasury lock agreements in order to mitigate our interest rate risk with respect to various debt instruments. We generally do not hold or issue these derivative contracts for trading or speculative purposes. The interest rate swaps we enter into are recorded at fair value on a recurring basis. We assess effectiveness of our cash flow hedges both at inception and on an ongoing basis. The effective portion of changes in fair value of the interest rate swaps associated with our cash flow hedges is recorded in accumulated other comprehensive loss. Our cash flow hedges become ineffective if critical terms of the hedging instrument and the debt instrument such as notional amounts, settlement dates, reset dates, calculation period and LIBOR do not perfectly match. In addition, we evaluate the default risk of the counterparty by monitoring the creditworthiness of the counterparty. When ineffectiveness of a cash flow hedge exists, the ineffective portion of changes in fair value of the interest rate swaps associated with our cash flow hedges is recognized in earnings in the period affected. Hedge ineffectiveness did not impact earnings in the 2015 and 2014 Periods.</font></div></div>
	us-gaap	Nature Of Operations NatureOfOperations	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;text-decoration:underline;">NATURE OF BUSINESS</font></font><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Washington Real Estate Investment Trust (“Washington REIT”), a Maryland real estate investment trust, is a self-administered real estate investment trust, successor to a trust organized in 1960. Our business consists of the ownership and operation of income-producing real estate properties in the greater Washington metro region. We own a diversified portfolio of office buildings, multifamily buildings and retail centers. </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;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Federal Income Taxes</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;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, among other things, required to distribute </font><font style="font-family:inherit;font-size:10pt;">90%</font><font style="font-family:inherit;font-size:10pt;"> of our REIT taxable income (which is, generally, our ordinary taxable income, with certain modifications), excluding any net taxable gains and any deductions for dividends to our shareholders on an annual basis. When selling a property, we generally have the option of (a) reinvesting the sales proceeds of the property sold, in a way that allows us to defer recognition of some or all capital gain realized on the sale, (b) distributing gains to the shareholders with no tax to us or (c) treating net long-term 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%;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;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 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, or as calculated under the alternative minimum tax, as appropriate. As of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2015</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">December 31, 2014</font><font style="font-family:inherit;font-size:10pt;">, our TRSs had no net deferred tax assets and a net deferred tax liability of </font><font style="font-family:inherit;font-size:10pt;">$0.7 million</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$0.6 million</font><font style="font-family:inherit;font-size:10pt;">, respectively. This deferred tax liability is primarily related to temporary differences in the timing of the recognition of revenue, amortization and depreciation.</font></div></div>
	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;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%;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;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>

Files In Submission

Name	View Source	Status
0000104894-15-000109-index-headers.html	Edgar Link	pending
0000104894-15-000109-index.html	Edgar Link	pending
0000104894-15-000109.txt	Edgar Link	pending
0000104894-15-000109-xbrl.zip	Edgar Link	pending
amendedtrusteedcp.htm	Edgar Link	pending
amendmenttoltiplan.htm	Edgar Link	pending
exhibit12-q3201510xq.htm	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending
wre-09302015x10xq.htm	Edgar Link	pending
wre-09302015xexhibit311.htm	Edgar Link	pending
wre-09302015xexhibit312.htm	Edgar Link	pending
wre-09302015xexhibit313.htm	Edgar Link	pending
wre-09302015xexhibit32.htm	Edgar Link	pending
wre-20150930.xml	Edgar Link	completed
wre-20150930.xsd	Edgar Link	pending
wre-20150930_cal.xml	Edgar Link	unprocessable
wre-20150930_def.xml	Edgar Link	unprocessable
wre-20150930_lab.xml	Edgar Link	unprocessable
wre-20150930_pre.xml	Edgar Link	unprocessable

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$ELME
Elme Communities Stock $elme

2015 Q4 Form 10-Q Financial Statement

#000010489415000109 Filed on November 04, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ELME Elme Communities Stock $elme

2015 Q4 Form 10-Q Financial Statement

#000010489415000109 Filed on November 04, 2015

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$ELME
Elme Communities Stock $elme