2019 Q1 Form 10-Q Financial Statement

#000080364919000042 Filed on April 30, 2019

View on sec.gov

Income Statement

Concept 2019 Q1 2018 Q1
Revenue $41.75M $58.59M
YoY Change -28.74% -41.15%
Cost Of Revenue $15.80M $24.60M
YoY Change -35.77% -40.15%
Gross Profit $26.00M $34.00M
YoY Change -23.53% -41.88%
Gross Profit Margin 62.27% 58.03%
Selling, General & Admin $12.10M $13.30M
YoY Change -9.02% 9.92%
% of Gross Profit 46.54% 39.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $8.585M $13.90M
YoY Change -38.25% -48.34%
% of Gross Profit 33.02% 40.89%
Operating Expenses $15.78M $24.60M
YoY Change -35.85% -36.93%
Operating Profit $10.22M -$5.340M
YoY Change -291.39% -129.36%
Interest Expense $4.206M $10.12M
YoY Change -58.42% -32.63%
% of Operating Profit 41.15%
Other Income/Expense, Net
YoY Change
Pretax Income $211.9M $190.7M
YoY Change 11.13% 694.55%
Income Tax $1.300M $3.007M
% Of Pretax Income 0.61% 1.58%
Net Earnings $210.5M $187.6M
YoY Change 12.22% 687.77%
Net Earnings / Revenue 504.21% 320.2%
Basic Earnings Per Share $1.71 $1.50
Diluted Earnings Per Share $1.67 $1.48
COMMON SHARES
Basic Shares Outstanding 122.0M shares 123.9M shares
Diluted Shares Outstanding 125.8M shares 127.1M shares

Balance Sheet

Concept 2019 Q1 2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.070B $2.838B
YoY Change 8.17% 50.26%
Cash & Equivalents $3.070B $2.838B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $31.20M $55.90M
Other Receivables $0.00 $0.00
Total Short-Term Assets $3.101B $2.894B
YoY Change 7.16% 41.8%
LONG-TERM ASSETS
Property, Plant & Equipment $569.0M $867.4M
YoY Change -34.4% -55.74%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00 $247.9M
YoY Change -100.0% -10.05%
Other Assets $1.800M $45.90M
YoY Change -96.08% -34.99%
Total Long-Term Assets $613.2M $1.244B
YoY Change -50.69% -49.81%
TOTAL ASSETS
Total Short-Term Assets $3.101B $2.894B
Total Long-Term Assets $613.2M $1.244B
Total Assets $3.714B $4.137B
YoY Change -10.23% -8.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $42.30M $42.00M
YoY Change 0.71% -32.8%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $42.30M $46.40M
YoY Change -8.84% -33.24%
LONG-TERM LIABILITIES
Long-Term Debt $275.0M $678.5M
YoY Change -59.47% -40.57%
Other Long-Term Liabilities $5.100M $10.90M
YoY Change -53.21% -48.34%
Total Long-Term Liabilities $280.1M $689.4M
YoY Change -59.37% -40.71%
TOTAL LIABILITIES
Total Short-Term Liabilities $42.30M $46.40M
Total Long-Term Liabilities $280.1M $689.4M
Total Liabilities $322.4M $735.8M
YoY Change -56.19% -40.28%
SHAREHOLDERS EQUITY
Retained Earnings $3.081B $2.786B
YoY Change 10.62% 7.54%
Common Stock $4.306B $4.297B
YoY Change 0.2% -1.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.390B $3.400B
YoY Change
Total Liabilities & Shareholders Equity $3.714B $4.137B
YoY Change -10.23% -8.44%

Cashflow Statement

Concept 2019 Q1 2018 Q1
OPERATING ACTIVITIES
Net Income $210.5M $187.6M
YoY Change 12.22% 687.77%
Depreciation, Depletion And Amortization $8.585M $13.90M
YoY Change -38.25% -48.34%
Cash From Operating Activities $12.77M -$371.0K
YoY Change -3542.05% -90.73%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $663.0M $751.6M
YoY Change -11.79% -474.12%
Cash From Investing Activities $663.0M $751.6M
YoY Change -11.79% -475.83%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $5.342M $89.91M
YoY Change -94.06% 42919.14%
Debt Paid & Issued, Net $143.0K $175.3M
YoY Change -99.92% 50263.51%
Cash From Financing Activities -$8.642M -$267.2M
YoY Change -96.77% 10485.26%
NET CHANGE
Cash From Operating Activities $12.77M -$371.0K
Cash From Investing Activities $663.0M $751.6M
Cash From Financing Activities -$8.642M -$267.2M
Net Change In Cash $667.2M $484.1M
YoY Change 37.82% -334.4%
FREE CASH FLOW
Cash From Operating Activities $12.77M -$371.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2018Q1 eqc Cash Paid For Real Estate Improvements
CashPaidForRealEstateImprovements
12761000 USD
CY2019Q1 eqc Cash Paid For Real Estate Improvements
CashPaidForRealEstateImprovements
14340000 USD
CY2018Q1 eqc Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
103000 USD
CY2019Q1 eqc Change In Capital Expenditures Incurred But Not Yet Paid
ChangeInCapitalExpendituresIncurredButNotYetPaid
-10633000 USD
CY2019Q1 eqc Common Stock Conversion Basis Shares
CommonStockConversionBasisShares
1 shares
CY2019Q1 eqc Common Stock Conversion Term
CommonStockConversionTerm
P6M
CY2018Q4 eqc Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
3420548000 USD
CY2019Q1 eqc Cumulative Common Stock Distributions
CumulativeCommonStockDistributions
3420512000 USD
CY2018Q4 eqc Cumulative Preferred Stock Distributions
CumulativePreferredStockDistributions
693736000 USD
CY2019Q1 eqc Cumulative Preferred Stock Distributions
CumulativePreferredStockDistributions
695733000 USD
CY2018Q1 eqc Gain Loss On Sale Of Properties And Gain Loss On Disposal Of Discontinued Operation Net Of Tax
GainLossOnSaleOfPropertiesAndGainLossOnDisposalOfDiscontinuedOperationNetOfTax
205211000 USD
CY2019Q1 eqc Gain Loss On Sale Of Properties And Gain Loss On Disposal Of Discontinued Operation Net Of Tax
GainLossOnSaleOfPropertiesAndGainLossOnDisposalOfDiscontinuedOperationNetOfTax
193037000 USD
CY2018Q1 eqc Gains Losses On Early Extinguishment Of Debt
GainsLossesOnEarlyExtinguishmentOfDebt
-4867000 USD
CY2019Q1 dei Amendment Flag
AmendmentFlag
false
CY2019Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2019Q1 eqc Gains Losses On Early Extinguishment Of Debt
GainsLossesOnEarlyExtinguishmentOfDebt
0 USD
CY2018Q1 eqc Increase Decrease In Rents Receivable And Other Assets
IncreaseDecreaseInRentsReceivableAndOtherAssets
11410000 USD
CY2019Q1 eqc Increase Decrease In Rents Receivable And Other Assets
IncreaseDecreaseInRentsReceivableAndOtherAssets
8116000 USD
CY2018Q1 eqc Losson Asset Impairment
LossonAssetImpairment
12087000 USD
CY2019Q1 eqc Losson Asset Impairment
LossonAssetImpairment
0 USD
CY2018Q1 eqc Net Income Loss Attributable To Noncontrolling Interest Diluted
NetIncomeLossAttributableToNoncontrollingInterestDiluted
0 USD
CY2019Q1 eqc Net Income Loss Attributable To Noncontrolling Interest Diluted
NetIncomeLossAttributableToNoncontrollingInterestDiluted
79000 USD
CY2018Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13339000 USD
CY2019Q1 eqc Percentage Of Real Estate Properties Considered As Office Properties
PercentageOfRealEstatePropertiesConsideredAsOfficeProperties
0.90
CY2018Q1 eqc Proceeds From Maturity Of Marketable Securities
ProceedsFromMaturityOfMarketableSecurities
0 USD
CY2019Q1 eqc Proceeds From Maturity Of Marketable Securities
ProceedsFromMaturityOfMarketableSecurities
250000000 USD
CY2018Q1 eqc Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
18613000 USD
CY2019Q1 eqc Proceeds From Sale Of Marketable Securities
ProceedsFromSaleOfMarketableSecurities
0 USD
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
62368000 USD
CY2019Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
42280000 USD
CY2018Q4 us-gaap Accounts Receivable Net
AccountsReceivableNet
51089000 USD
CY2019Q1 us-gaap Accounts Receivable Net
AccountsReceivableNet
31151000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-342000 USD
CY2019Q1 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4305974000 USD
CY2019Q1 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
4304560000 USD
CY2018Q4 us-gaap Advance Rent
AdvanceRent
9451000 USD
CY2019Q1 us-gaap Advance Rent
AdvanceRent
5119000 USD
CY2018Q1 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
1628000 USD
CY2019Q1 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
1034000 USD
CY2018Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
801000 USD
CY2019Q1 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
165000 USD
CY2019Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12096000 USD
CY2018Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
997000 USD
CY2019Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
53000 USD
CY2018Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
12087000 USD
CY2019Q1 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2018Q4 us-gaap Assets
Assets
3530772000 USD
CY2019Q1 us-gaap Assets
Assets
3713937000 USD
CY2019Q1 us-gaap Assets Fair Value Disclosure
AssetsFairValueDisclosure
0 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Accumulated Gross Unrealized Loss Before Tax
AvailableForSaleDebtSecuritiesAccumulatedGrossUnrealizedLossBeforeTax
342000 USD
CY2018Q4 us-gaap Available For Sale Debt Securities Amortized Cost Basis
AvailableForSaleDebtSecuritiesAmortizedCostBasis
249944000 USD
CY2018Q4 us-gaap Available For Sale Securities
AvailableForSaleSecurities
249602000 USD
CY2019Q1 us-gaap Available For Sale Securities
AvailableForSaleSecurities
0 USD
CY2018Q4 us-gaap Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
249602000 USD
CY2018Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2837671000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
2400803000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3069501000 USD
CY2019Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
3100000000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2360590000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2844666000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
2404101000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
3071268000 USD
CY2018Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
484076000 USD
CY2019Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
667167000 USD
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.5
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.5
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q1 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
350000000 shares
CY2019Q1 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
350000000 shares
CY2018Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
121572155 shares
CY2019Q1 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
121899625 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
121572155 shares
CY2019Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
121899625 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
1216000 USD
CY2019Q1 us-gaap Common Stock Value
CommonStockValue
1219000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.50
CY2018Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
187490000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
1.71
CY2018Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.48
CY2019Q1 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
1.67
CY2019Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
210860000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
63000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
79000 USD
CY2018Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3007000 USD
CY2019Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1300000 USD
CY2018Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
187553000 USD
CY2018Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-10082000 USD
CY2019Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
210939000 USD
CY2019Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-6548000 USD
CY2018Q1 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-1786000 USD
CY2018Q1 us-gaap Costs And Expenses
CostsAndExpenses
63928000 USD
CY2019Q1 us-gaap Increase Decrease In Deferred Liabilities
IncreaseDecreaseInDeferredLiabilities
-1871000 USD
CY2019Q1 us-gaap Costs And Expenses
CostsAndExpenses
36461000 USD
CY2018Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
5780000 USD
CY2019Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2019Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
CY2019Q1 us-gaap Interest And Other Income
InterestAndOtherIncome
17775000 USD
CY2019Q1 dei Document Period End Date
DocumentPeriodEndDate
2019-03-31
CY2019Q1 dei Document Type
DocumentType
10-Q
CY2019Q1 dei Entity Central Index Key
EntityCentralIndexKey
0000803649
CY2019Q2 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
121898969 shares
CY2018Q1 us-gaap Interest Expense
InterestExpense
10115000 USD
CY2019Q1 us-gaap Interest Expense
InterestExpense
4206000 USD
CY2019Q1 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2019Q1 dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
CY2019Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2019Q1 dei Entity Registrant Name
EntityRegistrantName
Equity Commonwealth
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
0 USD
CY2018Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
USD
CY2019Q1 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
USD
CY2018Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3007000 USD
CY2019Q1 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
300000 USD
CY2018Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
USD
CY2019Q1 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
USD
CY2018Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2019Q1 dei Entity Small Business
EntitySmallBusiness
false
CY2018Q1 eqc Amortization Of Financing Costs And Discounts Continuing Operations
AmortizationOfFinancingCostsAndDiscountsContinuingOperations
801000 USD
CY2019Q1 eqc Amortization Of Financing Costs And Discounts Continuing Operations
AmortizationOfFinancingCostsAndDiscountsContinuingOperations
165000 USD
CY2019Q1 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1000000 USD
CY2018Q1 us-gaap Depreciation
Depreciation
11279000 USD
CY2018Q1 eqc Weighted Average Number Of Shares Restricted Stock Units Unvested
WeightedAverageNumberOfSharesRestrictedStockUnitsUnvested
307000 shares
CY2019Q1 eqc Weighted Average Number Of Shares Restricted Stock Units Unvested
WeightedAverageNumberOfSharesRestrictedStockUnitsUnvested
187000 shares
CY2019Q1 us-gaap Depreciation
Depreciation
7403000 USD
CY2018Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
13903000 USD
CY2019Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
8585000 USD
CY2018Q1 us-gaap Dividends
Dividends
1997000 USD
CY2019Q1 us-gaap Dividends
Dividends
1961000 USD
CY2018Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
304700000 USD
CY2019Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1200000 USD
CY2018Q1 us-gaap Interest Paid Net
InterestPaidNet
14631000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
275000 USD
CY2019Q1 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
183000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-4987000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
205211000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
193037000 USD
CY2019Q1 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2018Q1 us-gaap Operating Expenses
OperatingExpenses
24599000 USD
CY2018Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-4867000 USD
CY2019Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-371000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
12770000 USD
CY2018Q1 us-gaap Net Income Loss
NetIncomeLoss
187599000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
210518000 USD
CY2019Q1 us-gaap Operating Expenses
OperatingExpenses
15780000 USD
CY2018Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
63000 USD
CY2019Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
79000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
185602000 USD
CY2018Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
190669000 USD
CY2019Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
211897000 USD
CY2018Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
55273000 USD
CY2019Q1 us-gaap Interest Paid Net
InterestPaidNet
7714000 USD
CY2018Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1004500000 USD
CY2019Q1 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
704142000 USD
CY2018Q4 us-gaap Land
Land
135142000 USD
CY2019Q1 us-gaap Land
Land
110395000 USD
CY2018Q1 us-gaap Lease Income
LeaseIncome
55273000 USD
CY2019Q1 us-gaap Lease Income
LeaseIncome
38890000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
761149000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
61616000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
68176000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
62740000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
419981000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
77133000 USD
CY2019Q1 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
71503000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
346774000 USD
CY2019Q1 us-gaap Liabilities
Liabilities
322376000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3530772000 USD
CY2019Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3713937000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
1197000 USD
CY2019Q1 us-gaap Minority Interest
MinorityInterest
1272000 USD
CY2019Q1 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.0004
CY2018Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-267172000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-8642000 USD
CY2018Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
751619000 USD
CY2019Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
663039000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-226000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
208521000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
187662000 USD
CY2018Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
187662000 USD
CY2019Q1 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
210518000 USD
CY2019Q1 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
38890000 USD
CY2018Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
39536000 USD
CY2019Q1 us-gaap Profit Loss
ProfitLoss
210597000 USD
CY2019Q1 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
27905000 USD
CY2018Q4 us-gaap Other Assets
OtherAssets
62031000 USD
CY2019Q1 us-gaap Other Assets
OtherAssets
42326000 USD
CY2018Q1 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
117000 USD
CY2019Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
342000 USD
CY2018Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
89910000 USD
CY2019Q1 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
5342000 USD
CY2018Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
0 USD
CY2019Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
1160000 USD
CY2018Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1997000 USD
CY2019Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1997000 USD
CY2018Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1997000 USD
CY2019Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1997000 USD
CY2018Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2000 USD
CY2019Q1 us-gaap Proceeds From Income Tax Refunds
ProceedsFromIncomeTaxRefunds
2000 USD
CY2018Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
1443000 USD
CY2019Q1 us-gaap Proceeds From Insurance Settlement Investing Activities
ProceedsFromInsuranceSettlementInvestingActivities
0 USD
CY2018Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
744324000 USD
CY2019Q1 us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
427379000 USD
CY2018Q1 us-gaap Real Estate Improvements
RealEstateImprovements
12900000 USD
CY2019Q1 us-gaap Real Estate Improvements
RealEstateImprovements
3700000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
375968000 USD
CY2019Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
245528000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1139642000 USD
CY2019Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
814537000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
763674000 USD
CY2019Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
569009000 USD
CY2018Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
175265000 USD
CY2019Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
143000 USD
CY2018Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6995000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
3298000 USD
CY2019Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1767000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
2870974000 USD
CY2019Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
3081492000 USD
CY2018Q1 us-gaap Revenues
Revenues
58588000 USD
CY2019Q1 us-gaap Revenues
Revenues
41752000 USD
CY2018Q4 us-gaap Secured Debt
SecuredDebt
26482000 USD
CY2019Q1 us-gaap Secured Debt
SecuredDebt
26288000 USD
CY2019Q1 us-gaap Senior Notes
SeniorNotes
250000000 USD
CY2018Q1 us-gaap Share Based Compensation
ShareBasedCompensation
5338000 USD
CY2019Q1 us-gaap Share Based Compensation
ShareBasedCompensation
3927000 USD
CY2018Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
400000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Accelerated Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardAcceleratedCompensationCost
500000 USD
CY2019Q1 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
384156 shares
CY2018Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5338000 USD
CY2018Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
127097000 shares
CY2019Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
3927000 USD
CY2018Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
89910000 USD
CY2019Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
5342000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
3182801000 USD
CY2019Q1 us-gaap Stockholders Equity
StockholdersEquity
3390289000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3300495000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3401479000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3183998000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3391561000 USD
CY2018Q1 us-gaap Straight Line Rent
StraightLineRent
1528000 USD
CY2019Q1 us-gaap Straight Line Rent
StraightLineRent
837000 USD
CY2019Q1 us-gaap Unrecognized Tax Benefits Period Increase Decrease
UnrecognizedTaxBenefitsPeriodIncreaseDecrease
-1000000 USD
CY2018Q4 us-gaap Unsecured Debt
UnsecuredDebt
248473000 USD
CY2019Q1 us-gaap Unsecured Debt
UnsecuredDebt
248689000 USD
CY2018Q1 us-gaap Variable Lease Income
VariableLeaseIncome
15737000 USD
CY2019Q1 us-gaap Variable Lease Income
VariableLeaseIncome
10985000 USD
CY2019Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
125822000 shares
CY2018Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
123867000 shares
CY2019Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
121960000 shares

Files In Submission

Name View Source Status
0000803649-19-000042-index-headers.html Edgar Link pending
0000803649-19-000042-index.html Edgar Link pending
0000803649-19-000042.txt Edgar Link pending
0000803649-19-000042-xbrl.zip Edgar Link pending
eqc-20190331.xml Edgar Link completed
eqc-20190331.xsd Edgar Link pending
eqc-20190331_cal.xml Edgar Link unprocessable
eqc-20190331_def.xml Edgar Link unprocessable
eqc-20190331_lab.xml Edgar Link unprocessable
eqc-20190331_pre.xml Edgar Link unprocessable
eqc3311910-q.htm Edgar Link pending
eqc33119exhibit311.htm Edgar Link pending
eqc33119exhibit312.htm Edgar Link pending
eqc33119exhibit321.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
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
R9999.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending