2015 Q3 Form 10-Q Financial Statement

#000089541715000061 Filed on October 29, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q3
Revenue $210.1M $200.8M
YoY Change 4.66% 6.71%
Cost Of Revenue $103.3M $99.40M
YoY Change 3.92% 9.83%
Gross Profit $72.51M $67.55M
YoY Change 7.35% 4.27%
Gross Profit Margin 34.51% 33.64%
Selling, General & Admin $10.33M $10.87M
YoY Change -4.92% -5.09%
% of Gross Profit 14.25% 16.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $29.40M $29.10M
YoY Change 1.03% 6.99%
% of Gross Profit 40.55% 43.08%
Operating Expenses $10.33M $10.87M
YoY Change -4.92% -5.09%
Operating Profit $72.51M $67.55M
YoY Change 7.35% 4.27%
Interest Expense -$24.40M -$26.00M
YoY Change -6.15% -4.76%
% of Operating Profit -33.65% -38.49%
Other Income/Expense, Net
YoY Change
Pretax Income $40.22M $28.11M
YoY Change 43.09% -497.54%
Income Tax
% Of Pretax Income
Net Earnings $36.67M $25.75M
YoY Change 42.44% -13.81%
Net Earnings / Revenue 17.45% 12.82%
Basic Earnings Per Share $0.44 $0.31
Diluted Earnings Per Share $0.43 $0.31
COMMON SHARES
Basic Shares Outstanding 84.06M shares 83.53M shares
Diluted Shares Outstanding 91.94M shares 91.53M shares

Balance Sheet

Concept 2015 Q3 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $84.40M $104.1M
YoY Change -18.92% 124.84%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $84.40M $104.1M
YoY Change -18.92% 124.84%
LONG-TERM ASSETS
Property, Plant & Equipment $3.205B $3.183B
YoY Change 0.7% 0.17%
Goodwill $7.800M $7.800M
YoY Change 0.0% 0.0%
Intangibles $4.300M $4.300M
YoY Change 0.0% 0.0%
Long-Term Investments $17.60M $15.40M
YoY Change 14.29% 57.14%
Other Assets $88.00M $98.70M
YoY Change -10.84% -8.86%
Total Long-Term Assets $3.359B $3.347B
YoY Change 0.36% -0.11%
TOTAL ASSETS
Total Short-Term Assets $84.40M $104.1M
Total Long-Term Assets $3.359B $3.347B
Total Assets $3.443B $3.451B
YoY Change -0.22% 1.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses $103.9M $94.70M
YoY Change 9.71% 8.6%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $138.2M $124.3M
YoY Change 11.18% 13.0%
LONG-TERM LIABILITIES
Long-Term Debt $2.156B $2.206B
YoY Change -2.25% 0.53%
Other Long-Term Liabilities $159.8M $144.3M
YoY Change 10.74% 8.25%
Total Long-Term Liabilities $2.316B $2.350B
YoY Change -1.46% 0.97%
TOTAL LIABILITIES
Total Short-Term Liabilities $138.2M $124.3M
Total Long-Term Liabilities $2.316B $2.350B
Total Liabilities $2.454B $2.475B
YoY Change -0.82% 1.52%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.041B $1.030B
YoY Change 1.06% 0.71%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $921.8M $909.7M
YoY Change
Total Liabilities & Shareholders Equity $3.443B $3.451B
YoY Change -0.22% 1.59%

Cashflow Statement

Concept 2015 Q3 2014 Q3
OPERATING ACTIVITIES
Net Income $36.67M $25.75M
YoY Change 42.44% -13.81%
Depreciation, Depletion And Amortization $29.40M $29.10M
YoY Change 1.03% 6.99%
Cash From Operating Activities $77.30M $66.90M
YoY Change 15.55% 12.25%
INVESTING ACTIVITIES
Capital Expenditures -$25.60M -$25.50M
YoY Change 0.39% -80.23%
Acquisitions
YoY Change
Other Investing Activities -$1.000M $1.400M
YoY Change -171.43% -99.03%
Cash From Investing Activities -$26.70M -$24.10M
YoY Change 10.79% -266.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.20M -18.40M
YoY Change 151.09% -90.83%
NET CHANGE
Cash From Operating Activities 77.30M 66.90M
Cash From Investing Activities -26.70M -24.10M
Cash From Financing Activities -46.20M -18.40M
Net Change In Cash 4.400M 24.40M
YoY Change -81.97% -119.29%
FREE CASH FLOW
Cash From Operating Activities $77.30M $66.90M
Capital Expenditures -$25.60M -$25.50M
Free Cash Flow $102.9M $92.40M
YoY Change 11.36% -51.01%

Facts In Submission

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CY2014Q3 us-gaap Cost Of Real Estate Sales
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8156000 USD
us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
19679000 USD
CY2015Q3 us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
7868000 USD
us-gaap Cost Of Real Estate Sales
CostOfRealEstateSales
23685000 USD
CY2014Q3 us-gaap Costs And Expenses
CostsAndExpenses
172668000 USD
us-gaap Costs And Expenses
CostsAndExpenses
487039000 USD
CY2015Q3 us-gaap Costs And Expenses
CostsAndExpenses
169920000 USD
us-gaap Costs And Expenses
CostsAndExpenses
512899000 USD
CY2014Q4 us-gaap Customer Advances And Deposits
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67463000 USD
CY2015Q3 us-gaap Customer Advances And Deposits
CustomerAdvancesAndDeposits
69212000 USD
us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Maximum
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0.0887 Rate
CY2015Q3 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.050 Rate
CY2013Q4 us-gaap Deferred Costs Current And Noncurrent
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25251000 USD
us-gaap Debt Instrument Interest Rate Stated Percentage Rate Range Minimum
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0.0345 Rate
CY2014Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
27885000 USD
CY2014Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
28589000 USD
CY2015Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
30781000 USD
CY2014Q4 us-gaap Deferred Finance Costs Net
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21833000 USD
CY2015Q3 us-gaap Deferred Finance Costs Net
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24263000 USD
CY2013Q4 us-gaap Deferred Revenue
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68673000 USD
CY2014Q3 us-gaap Deferred Revenue
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72976000 USD
CY2014Q4 us-gaap Deferred Revenue
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74174000 USD
CY2015Q3 us-gaap Deferred Revenue
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78103000 USD
us-gaap Deferred Revenue Period Increase Decrease
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4303000 USD
us-gaap Deferred Revenue Period Increase Decrease
DeferredRevenuePeriodIncreaseDecrease
3929000 USD
us-gaap Depreciation
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83821000 USD
us-gaap Depreciation
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85674000 USD
CY2014Q3 us-gaap Derivative Instruments Loss Recognized In Other Comprehensive Income Effective Portion
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233000 USD
us-gaap Derivative Instruments Loss Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsLossRecognizedInOtherComprehensiveIncomeEffectivePortion
256000 USD
CY2015Q3 us-gaap Derivative Instruments Loss Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsLossRecognizedInOtherComprehensiveIncomeEffectivePortion
1012000 USD
us-gaap Derivative Instruments Loss Recognized In Other Comprehensive Income Effective Portion
DerivativeInstrumentsLossRecognizedInOtherComprehensiveIncomeEffectivePortion
2535000 USD
us-gaap Dividends
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109834000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
29623000 USD
CY2015Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
34314000 USD
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.31
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.07
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.14
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.31
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.06
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.13
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2869000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3331000 USD
us-gaap Equity Method Investment Net Sales Proceeds
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100000 USD
CY2014Q3 us-gaap Extinguishment Of Debt Amount
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5087000 USD
us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
5087000 USD
CY2015Q3 us-gaap Extinguishment Of Debt Amount
ExtinguishmentOfDebtAmount
0 USD
us-gaap Extinguishment Of Debt Amount
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16922000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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2200000 USD
CY2015Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
2500000 USD
CY2014Q3 us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
929000 USD
us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
929000 USD
CY2015Q3 us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
0 USD
us-gaap Gain Loss On Condemnation
GainLossOnCondemnation
0 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7623000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20178000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7225000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22172000 USD
CY2014Q4 us-gaap Goodwill
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7800000 USD
CY2015Q3 us-gaap Goodwill
Goodwill
7800000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
28110000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
99509000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
40224000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
107139000 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1237000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3768000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1882000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
3606000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
1345000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
-21000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
15436000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
26308000 USD
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
-1386000 USD
us-gaap Increase Decrease In Customer Advances
IncreaseDecreaseInCustomerAdvances
1543000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
4734000 USD
us-gaap Increase Decrease In Deferred Charges
IncreaseDecreaseInDeferredCharges
4821000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10512000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10264000 USD
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
-374000 USD
us-gaap Increase Decrease In Other Deferred Liability
IncreaseDecreaseInOtherDeferredLiability
1070000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-13362000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-34494000 USD
CY2014Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
7254000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
7471000 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
7212000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
7220000 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
743000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
705000 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
671000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
641000 shares
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
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4300000 USD
CY2015Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
4300000 USD
CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
12100000 USD
CY2015Q3 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
12100000 USD
CY2014Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
27864000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
84177000 USD
CY2015Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
26227000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
79648000 USD
CY2014Q3 us-gaap Interest Income Operating
InterestIncomeOperating
1902000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
6477000 USD
CY2015Q3 us-gaap Interest Income Operating
InterestIncomeOperating
1758000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
5314000 USD
us-gaap Interest Paid
InterestPaid
90376000 USD
us-gaap Interest Paid
InterestPaid
80575000 USD
CY2014Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9496000 USD
CY2015Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
8579000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
13512000 USD
CY2015Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
17554000 USD
CY2014Q4 us-gaap Land
Land
1091550000 USD
CY2015Q3 us-gaap Land
Land
1101685000 USD
CY2014Q4 us-gaap Land Improvements
LandImprovements
2734304000 USD
CY2015Q3 us-gaap Land Improvements
LandImprovements
2773269000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
2467312000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
2454214000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3446339000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3443390000 USD
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2015Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
us-gaap Line Of Credit Facility Commitment Fee Amount
LineOfCreditFacilityCommitmentFeeAmount
3500000 USD
us-gaap Line Of Credit Facility Expiration Date1
LineOfCreditFacilityExpirationDate1
2018-07-17
CY2015Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
400000000 USD
CY2014Q4 us-gaap Loans Receivable Net
LoansReceivableNet
18900000 USD
CY2015Q3 us-gaap Loans Receivable Net
LoansReceivableNet
18300000 USD
CY2014Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
67034000 USD
CY2015Q3 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
67355000 USD
us-gaap Mortgage Loans On Real Estate Number Of Loans
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2 integer
us-gaap Net Cash Provided By Used In Financing Activities
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-96193000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-176278000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-81432000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-95260000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
228342000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
287219000 USD
us-gaap Net Income Loss
NetIncomeLoss
110745000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
25746000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
89328000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
36673000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
95644000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
27965000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
97257000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
39809000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
103835000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
-14564000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
-73597000 USD
us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
-23900000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
371000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Assets Acquired1
NoncashOrPartNoncashAcquisitionOtherAssetsAcquired1
-53000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
-2349000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
-204000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
-1848000 USD
us-gaap Noncash Or Part Noncash Acquisition Payables Assumed1
NoncashOrPartNoncashAcquisitionPayablesAssumed1
-62000 USD
CY2014Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
102437000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
288509000 USD
CY2015Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
106755000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
305412000 USD
CY2014Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
2219000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
7929000 USD
CY2015Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
3136000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
8191000 USD
CY2014Q4 us-gaap Notes Receivable Net
NotesReceivableNet
37137000 USD
CY2015Q3 us-gaap Notes Receivable Net
NotesReceivableNet
36334000 USD
us-gaap Notes Reduction
NotesReduction
1026000 USD
us-gaap Notes Reduction
NotesReduction
597000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 integer
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
67545000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
204044000 USD
CY2015Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
72512000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
222622000 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
53133000 USD
CY2015Q3 us-gaap Other Assets
OtherAssets
40062000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
141000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1068000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-578000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-1231000 USD
CY2014Q3 us-gaap Other Income
OtherIncome
1869000 USD
us-gaap Other Income
OtherIncome
6098000 USD
CY2015Q3 us-gaap Other Income
OtherIncome
1822000 USD
us-gaap Other Income
OtherIncome
5119000 USD
CY2014Q3 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
11086000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
32169000 USD
CY2015Q3 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
11361000 USD
us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
33750000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
41645000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
67838000 USD
us-gaap Payments For Proceeds From Delayed Tax Exempt Exchange
PaymentsForProceedsFromDelayedTaxExemptExchange
-10576000 USD
us-gaap Payments For Proceeds From Delayed Tax Exempt Exchange
PaymentsForProceedsFromDelayedTaxExemptExchange
0 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
17000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
11559000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
23998000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
75077000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
90466000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
6772000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
7767000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
6949000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
6910000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
154000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
424000 USD
us-gaap Payments To Acquire Real Estate
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54645000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
3489000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
4000000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
23687000 USD
CY2014Q4 us-gaap Pledged Assets Not Separately Reported Real Estate
PledgedAssetsNotSeparatelyReportedRealEstate
2400000000 USD
CY2015Q3 us-gaap Pledged Assets Not Separately Reported Real Estate
PledgedAssetsNotSeparatelyReportedRealEstate
2200000000 USD
CY2015Q1 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.421875
CY2015Q2 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.421875
CY2015Q3 us-gaap Preferred Stock Dividends Per Share Cash Paid
PreferredStockDividendsPerShareCashPaid
0.421875
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
9765900 shares
CY2015Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
9945539 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
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
12524000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
7896000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
169000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
395323000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
896000 USD
us-gaap Proceeds From Issuance Of Shares Under Incentive And Share Based Compensation Plans Including Stock Options
ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions
4625000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
2102000 USD
us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
0 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
30276000 USD
us-gaap Profit Loss
ProfitLoss
104206000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
42106000 USD
us-gaap Profit Loss
ProfitLoss
110745000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-219000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-374000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1169492000 USD
CY2015Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1254085000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4387913000 USD
CY2015Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4459086000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3218421000 USD
CY2015Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3205001000 USD
CY2014Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
12263000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
36905000 USD
CY2015Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
12923000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
38169000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
6209000 USD
us-gaap Recognition Of Deferred Revenue
RecognitionOfDeferredRevenue
6335000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
165578000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
446661000 USD
CY2014Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5000000 USD
CY2015Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5000000 USD
CY2014Q3 us-gaap Revenues
Revenues
200778000 USD
us-gaap Revenues
Revenues
586548000 USD
CY2015Q3 us-gaap Revenues
Revenues
210144000 USD
us-gaap Revenues
Revenues
620038000 USD
CY2014Q3 us-gaap Sales Of Real Estate
SalesOfRealEstate
8717000 USD
us-gaap Sales Of Real Estate
SalesOfRealEstate
20455000 USD
CY2015Q3 us-gaap Sales Of Real Estate
SalesOfRealEstate
7878000 USD
us-gaap Sales Of Real Estate
SalesOfRealEstate
24341000 USD
CY2014Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1124000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
3491000 USD
CY2015Q3 us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
1051000 USD
us-gaap Sales Revenue Services Net
SalesRevenueServicesNet
4045000 USD
CY2014Q4 us-gaap Secured Debt
SecuredDebt
2012246000 USD
CY2015Q3 us-gaap Secured Debt
SecuredDebt
1956246000 USD
CY2014Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3242000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
8674000 USD
CY2015Q3 us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
3105000 USD
us-gaap Selling And Marketing Expense
SellingAndMarketingExpense
9139000 USD
CY2014Q3 us-gaap Selling Expense
SellingExpense
513000 USD
us-gaap Selling Expense
SellingExpense
1710000 USD
CY2015Q3 us-gaap Selling Expense
SellingExpense
861000 USD
us-gaap Selling Expense
SellingExpense
2386000 USD
CY2014Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2600000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4998000 USD
CY2015Q3 us-gaap Share Based Compensation
ShareBasedCompensation
2300000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6268000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
3405794 shares
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value Employee Stock Purchase Plan
StockIssuedDuringPeriodValueEmployeeStockPurchasePlan
882000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
3816000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
73000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
911993000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
921821000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
979027000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
989176000 USD
CY2014Q4 us-gaap Unsecured Debt
UnsecuredDebt
200000000 USD
CY2015Q3 us-gaap Unsecured Debt
UnsecuredDebt
200000000 USD
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91528000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91471000 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91940000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91877000 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83531000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
83295000 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84057000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84016000 shares

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