2019 Q1 Form 10-Q Financial Statement
#000080364919000042 Filed on April 30, 2019
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 |
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Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
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Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
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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
|
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Assets
Assets
|
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CY2019Q1 | us-gaap |
Assets
Assets
|
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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
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|
249944000 | USD |
CY2018Q4 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
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CY2019Q1 | us-gaap |
Available For Sale Securities
AvailableForSaleSecurities
|
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CY2018Q4 | us-gaap |
Available For Sale Securities Debt Securities
AvailableForSaleSecuritiesDebtSecurities
|
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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
|
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CY2019Q1 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
3100000000 | USD |
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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 | |
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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
|
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CY2019Q1 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
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Common Stock Shares Outstanding
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|
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Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
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CY2018Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
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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
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|
Q1 | |
CY2019Q1 | dei |
Document Fiscal Year Focus
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|
2019 | |
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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 | |
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Entity Common Stock Shares Outstanding
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|
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 |