$EQC
Equity Commonwealth Stock $eqc

$eqc Overview Financials Valuation SEC Filings Company Website

2014 Q1 Form 10-Q Financial Statement

#000110465914036450 Filed on May 08, 2014

Income Statement

Concept	2014 Q1	2013 Q1
Revenue	$217.3M	$262.6M
YoY Change	-17.27%	25.07%
Cost Of Revenue	$101.7M	$104.1M
YoY Change	-2.31%	7.1%
Gross Profit	$115.5M	$158.5M
YoY Change	-27.1%	8.44%
Gross Profit Margin	53.18%	60.35%
Selling, General & Admin	$24.80M	$16.70M
YoY Change	48.5%	45.22%
% of Gross Profit	21.47%	10.54%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$51.65M	$62.57M
YoY Change	-17.45%	7.84%
% of Gross Profit	44.71%	39.48%
Operating Expenses	$76.60M	$79.20M
YoY Change	-3.28%	13.79%
Operating Profit	$43.79M	$78.62M
YoY Change	-44.3%	6.12%
Interest Expense	$37.94M	$51.90M
YoY Change	-26.9%	5.68%
% of Operating Profit	86.63%	66.01%
Other Income/Expense, Net
YoY Change
Pretax Income	$6.346M	$39.61M
YoY Change	-83.98%	40.7%
Income Tax	$555.0K	$988.0K
% Of Pretax Income	8.75%	2.49%
Net Earnings	$20.45M	$25.67M
YoY Change	-20.33%	8.39%
Net Earnings / Revenue	9.41%	9.77%
Basic Earnings Per Share	$0.08
Diluted Earnings Per Share	$0.08	$228.9K
COMMON SHARES
Basic Shares Outstanding	118.4M shares	83.80M shares
Diluted Shares Outstanding	118.4M shares

Balance Sheet

Concept	2014 Q1	2013 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$177.6M	$48.70M
YoY Change	264.68%	-74.85%
Cash & Equivalents	$172.7M	$48.69M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$239.8M	$267.7M
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$417.4M	$316.4M
YoY Change	31.92%	-24.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.981B	$6.942B
YoY Change	-28.25%	6.55%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$518.9M	$11.39M
YoY Change	4454.45%	-93.54%
Other Assets	$232.1M	$174.2M
YoY Change	33.24%	912.79%
Total Long-Term Assets	$6.183B	$7.766B
YoY Change	-20.38%	6.49%
TOTAL ASSETS
Total Short-Term Assets	$417.4M	$316.4M
Total Long-Term Assets	$6.183B	$7.766B
Total Assets	$6.601B	$8.083B
YoY Change	-18.33%	4.79%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$136.5M	$156.0M
YoY Change	-12.5%	11.27%
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	$150.2M	$179.8M
YoY Change	-16.46%	9.5%
LONG-TERM LIABILITIES
Long-Term Debt	$2.990B	$3.658B
YoY Change	-18.27%	-1.3%
Other Long-Term Liabilities	$101.5M	$117.9M
YoY Change	-13.91%	-1.67%
Total Long-Term Liabilities	$3.091B	$3.776B
YoY Change	-18.13%	-1.31%
TOTAL LIABILITIES
Total Short-Term Liabilities	$150.2M	$179.8M
Total Long-Term Liabilities	$3.091B	$3.776B
Total Liabilities	$3.242B	$3.956B
YoY Change	-18.06%	-5.72%
SHAREHOLDERS EQUITY
Retained Earnings	$2.230B
YoY Change
Common Stock	$4.219B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$3.359B	$3.728B
YoY Change
Total Liabilities & Shareholders Equity	$6.601B	$8.083B
YoY Change	-18.33%	4.79%

Cashflow Statement

Concept	2014 Q1	2013 Q1
OPERATING ACTIVITIES
Net Income	$20.45M	$25.67M
YoY Change	-20.33%	8.39%
Depreciation, Depletion And Amortization	$51.65M	$62.57M
YoY Change	-17.45%	7.84%
Cash From Operating Activities	$46.63M	$42.83M
YoY Change	8.86%	21.85%
INVESTING ACTIVITIES
Capital Expenditures		-$149.3M
YoY Change		63.17%
Acquisitions
YoY Change
Other Investing Activities	-$36.80M	$215.5M
YoY Change	-117.08%	-771.34%
Cash From Investing Activities	-$36.80M	$66.14M
YoY Change	-155.64%	-153.51%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net	$14.07M	$942.1M
YoY Change	-98.51%	155.26%
Cash From Financing Activities	-$54.81M	-$162.7M
YoY Change	-66.31%	-282.62%
NET CHANGE
Cash From Operating Activities	$46.63M	$42.83M
Cash From Investing Activities	-$36.80M	$66.14M
Cash From Financing Activities	-$54.81M	-$162.7M
Net Change In Cash	-$44.99M	-$53.75M
YoY Change	-16.29%	-8485.02%
FREE CASH FLOW
Cash From Operating Activities	$46.63M	$42.83M
Capital Expenditures		-$149.3M
Free Cash Flow		$192.1M
YoY Change		51.7%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2014Q1	cwh	Minimum Percentage Of Common Stock Shareholders Consented For The Proposal Contributing Required Threshold MinimumPercentageOfCommonStockShareholdersConsentedForTheProposalContributingRequiredThreshold	0.6667	pure
CY2013Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	94154000	shares
CY2014Q1	us-gaap	Real Estate Improvements RealEstateImprovements	27830000	USD
CY2014Q1	cwh	Percentage Of Term Exceeding Useful Life Of One Office Tower PercentageOfTermExceedingUsefulLifeOfOneOfficeTower	0.75	pure
CY2014Q1	us-gaap	Capital Leases Net Investment In Direct Financing Leases Allowance For Uncollectible Minimum Lease Payments CapitalLeasesNetInvestmentInDirectFinancingLeasesAllowanceForUncollectibleMinimumLeasePayments	0	USD
CY2013Q4	us-gaap	Capital Leases Net Investment In Direct Financing Leases Allowance For Uncollectible Minimum Lease Payments CapitalLeasesNetInvestmentInDirectFinancingLeasesAllowanceForUncollectibleMinimumLeasePayments	0	USD
CY2014Q1	us-gaap	Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived	20962000	USD
CY2013Q4	us-gaap	Capital Leases Net Investment In Direct Financing Leases Minimum Payments To Be Received CapitalLeasesNetInvestmentInDirectFinancingLeasesMinimumPaymentsToBeReceived	22986000	USD
CY2014Q1	us-gaap	Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty	4951000	USD
CY2013Q4	us-gaap	Capital Leases Net Investment In Direct Financing Leases Unguaranteed Residual Values Of Leased Property CapitalLeasesNetInvestmentInDirectFinancingLeasesUnguaranteedResidualValuesOfLeasedProperty	4951000	USD
CY2014Q1	us-gaap	Capital Leases Net Investment In Direct Financing Leases Deferred Income CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome	7945000	USD
CY2013Q4	us-gaap	Capital Leases Net Investment In Direct Financing Leases Deferred Income CapitalLeasesNetInvestmentInDirectFinancingLeasesDeferredIncome	8174000	USD
CY2014Q1	us-gaap	Capital Leases Net Investment In Direct Financing Leases CapitalLeasesNetInvestmentInDirectFinancingLeases	17968000	USD
CY2013Q4	us-gaap	Capital Leases Net Investment In Direct Financing Leases CapitalLeasesNetInvestmentInDirectFinancingLeases	19763000	USD
CY2014Q1	us-gaap	Weighted Average Number Of Share Outstanding Basic And Diluted WeightedAverageNumberOfShareOutstandingBasicAndDiluted	118400000	shares
CY2014Q1	us-gaap	Equity Method Investments EquityMethodInvestments	518934000	USD
CY2013Q4	us-gaap	Equity Method Investments EquityMethodInvestments	517991000	USD
CY2014Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	10934000	USD
CY2013Q1	cwh	Number Of Properties Sold NumberOfPropertiesSold	3	property
CY2013Q1	cwh	Number Of Buildings Sold NumberOfBuildingsSold	18	property
CY2012Q2	us-gaap	Mortgage Loans On Real Estate Interest Rate MortgageLoansOnRealEstateInterestRate	0.060	pure
CY2013Q1	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	7688000	USD
CY2012Q2	us-gaap	Mortgage Loans On Real Estate New Mortgage Loans MortgageLoansOnRealEstateNewMortgageLoans	419000	USD
CY2013Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	8107000	USD
CY2014Q1	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	8107000	USD
CY2013Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-38331000	USD
CY2014Q1	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-26724000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Before Reclassifications Net Of Tax OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax	10385000	USD
CY2014Q1	us-gaap	Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax	-1222000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	11607000	USD
CY2014Q1	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	34000	USD
CY2014Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	555000	USD
CY2013Q1	us-gaap	State And Local Income Tax Expense Benefit Continuing Operations StateAndLocalIncomeTaxExpenseBenefitContinuingOperations	163000	USD
CY2014Q1	us-gaap	Foreign Income Tax Expense Benefit Continuing Operations ForeignIncomeTaxExpenseBenefitContinuingOperations	521000	USD
CY2013Q1	us-gaap	Foreign Income Tax Expense Benefit Continuing Operations ForeignIncomeTaxExpenseBenefitContinuingOperations	825000	USD
CY2013Q1	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit	988000	USD
CY2014Q1	us-gaap	Number Of Reportable Segments NumberOfReportableSegments	2	item
CY2014Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	42913000
CY2013Q1	us-gaap	Area Of Real Estate Property AreaOfRealEstateProperty	68237000
CY2014Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	172040000	USD
CY2013Q1	us-gaap	Operating Leases Income Statement Lease Revenue OperatingLeasesIncomeStatementLeaseRevenue	211300000	USD
CY2014Q1	cwh	Tenant Reimbursements And Other Real Estate Revenue TenantReimbursementsAndOtherRealEstateRevenue	45220000	USD
CY2013Q1	cwh	Tenant Reimbursements And Other Real Estate Revenue TenantReimbursementsAndOtherRealEstateRevenue	51312000	USD
CY2014Q1	us-gaap	Gross Profit GrossProfit	115529000	USD
CY2013Q1	us-gaap	Gross Profit GrossProfit	158482000	USD
CY2014Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	101731000	USD
CY2013Q1	us-gaap	Direct Costs Of Leased And Rented Property Or Equipment DirectCostsOfLeasedAndRentedPropertyOrEquipment	104130000	USD
CY2014Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	51649000	USD
CY2013Q1	us-gaap	Depreciation Depletion And Amortization DepreciationDepletionAndAmortization	62570000	USD
CY2014Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	24848000	USD
CY2013Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	16663000	USD
CY2014Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	5000	USD
CY2013Q1	us-gaap	Business Combination Acquisition Related Costs BusinessCombinationAcquisitionRelatedCosts	628000	USD
CY2014Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	43788000	USD
CY2013Q1	us-gaap	Operating Income Loss OperatingIncomeLoss	78621000	USD
CY2014Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	384000	USD
CY2013Q1	us-gaap	Interest And Other Income InterestAndOtherIncome	455000	USD
CY2014Q1	us-gaap	Interest Expense InterestExpense	37935000	USD
CY2013Q1	us-gaap	Interest Expense InterestExpense	51896000	USD
CY2013Q1	us-gaap	Gains Losses On Extinguishment Of Debt GainsLossesOnExtinguishmentOfDebt	-60027000	USD
CY2013Q1	us-gaap	Equity Method Investment Realized Gain Loss On Disposal EquityMethodInvestmentRealizedGainLossOnDisposal	66293000	USD
CY2014Q1	us-gaap	Gain Loss On Sale Of Stock In Subsidiary Or Equity Method Investee GainLossOnSaleOfStockInSubsidiaryOrEquityMethodInvestee	109000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	6346000	USD
CY2013Q1	us-gaap	Income Loss From Equity Method Investments IncomeLossFromEquityMethodInvestments	4262000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	16725000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest	36720000	USD
CY2014Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	4011000	USD
CY2013Q1	us-gaap	Discontinued Operation Income Loss From Discontinued Operation During Phase Out Period Net Of Tax DiscontinuedOperationIncomeLossFromDiscontinuedOperationDuringPhaseOutPeriodNetOfTax	-6000	USD
CY2014Q1	us-gaap	Discontinued Operation Provision For Loss Gain On Disposal Net Of Tax DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax	288000	USD
CY2013Q1	us-gaap	Discontinued Operation Provision For Loss Gain On Disposal Net Of Tax DiscontinuedOperationProvisionForLossGainOnDisposalNetOfTax	3946000	USD
CY2013Q1	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	1596000	USD
CY2014Q1	us-gaap	Land Land	747181000	USD
CY2014Q1	us-gaap	Profit Loss ProfitLoss	20448000	USD
CY2013Q1	us-gaap	Profit Loss ProfitLoss	35624000	USD
CY2014Q1	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	20448000	USD
CY2013Q1	us-gaap	Income Loss Before Gain Or Loss On Sale Of Properties Extraordinary Items And Cumulative Effects Of Accounting Changes IncomeLossBeforeGainOrLossOnSaleOfPropertiesExtraordinaryItemsAndCumulativeEffectsOfAccountingChanges	34028000	USD
CY2013Q1	us-gaap	Discontinued Operation Gain Loss On Disposal Of Discontinued Operation Net Of Tax DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax	1260000	USD
CY2013Q4	us-gaap	Land Land	699135000	USD
CY2013Q4	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	4838030000	USD
CY2013Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	5537165000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	895059000	USD
CY2013Q4	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4642106000	USD
CY2014Q1	us-gaap	Liabilities Liabilities	3241644000	USD
CY2014Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3359070000	USD
CY2013Q4	cwh	Cumulative Preferred Stock Distributions CumulativePreferredStockDistributions	573971000	USD
CY2013Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	3363586000	USD
CY2013Q4	us-gaap	Inventory Real Estate Held For Sale InventoryRealEstateHeldForSale	573531000	USD
CY2013Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	255812000	USD
CY2013Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6646434000	USD
CY2013Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	222449000	USD
CY2013Q4	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	22101000	USD
CY2013Q4	us-gaap	Other Assets OtherAssets	188675000	USD
CY2013Q4	us-gaap	Assets Assets	6646434000	USD
CY2013Q4	us-gaap	Line Of Credit LineOfCredit	235000000	USD
CY2014Q1	us-gaap	Assets Assets	6600714000	USD
CY2014Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	5915516000	USD
CY2014Q1	us-gaap	Real Estate Investment Property Net RealEstateInvestmentPropertyNet	4980740000	USD
CY2013Q4	us-gaap	Accounts Receivable Net AccountsReceivableNet	223769000	USD
CY2013Q4	us-gaap	Senior Notes SeniorNotes	1855900000	USD
CY2013Q4	us-gaap	Secured Debt SecuredDebt	914510000	USD
CY2013Q4	us-gaap	Liabilities Of Assets Held For Sale LiabilitiesOfAssetsHeldForSale	28734000	USD
CY2013Q4	us-gaap	Other Liabilities OtherLiabilities	165855000	USD
CY2013Q4	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	33935000	USD
CY2013Q4	us-gaap	Deferred Revenue DeferredRevenue	27553000	USD
CY2013Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	11976000	USD
CY2013Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	9385000	USD
CY2013Q4	us-gaap	Liabilities Liabilities	3282848000	USD
CY2013Q4	us-gaap	Common Stock Value CommonStockValue	1184000	USD
CY2013Q4	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4213474000	USD
CY2013Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2209840000	USD
CY2013Q4	cwh	Cumulative Common Stock Distributions CumulativeCommonStockDistributions	3082271000	USD
CY2014Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	6600714000	USD
CY2014Q1	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7462000	USD
CY2013Q4	us-gaap	Allowance For Doubtful Accounts Receivable AllowanceForDoubtfulAccountsReceivable	7885000	USD
CY2013Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2014Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2013Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2014Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	350000000	shares
CY2013Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	118386918	shares
CY2014Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	118413730	shares
CY2013Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	118386918	shares
CY2014Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	118413730	shares
CY2013Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	262612000	USD
CY2014Q1	us-gaap	Real Estate Revenue Net RealEstateRevenueNet	217260000	USD
CY2013Q1	us-gaap	Costs And Expenses CostsAndExpenses	183991000	USD
CY2014Q1	us-gaap	Costs And Expenses CostsAndExpenses	173472000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments	33446000	USD
CY2013Q1	us-gaap	Net Income Loss Attributable To Noncontrolling Interest NetIncomeLossAttributableToNoncontrollingInterest	9957000	USD
CY2013Q1	us-gaap	Net Income Loss NetIncomeLoss	25667000	USD
CY2013Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	11151000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	17208000	USD
CY2013Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	14516000	USD
CY2013Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.18
CY2013Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	-0.03
CY2013Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.15
CY2013Q1	cwh	Proceeds From Principal Repayments From Direct Financing Lease ProceedsFromPrincipalRepaymentsFromDirectFinancingLease	1711000	USD
CY2013Q1	cwh	Cash Paid For Real Estate Improvements CashPaidForRealEstateImprovements	26964000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-37364000	USD
CY2014Q1	us-gaap	Net Income Loss NetIncomeLoss	20448000	USD
CY2014Q1	us-gaap	Net Income Loss Available To Common Stockholders Basic NetIncomeLossAvailableToCommonStockholdersBasic	9297000	USD
CY2014Q1	us-gaap	Earnings Per Share Basic And Diluted EarningsPerShareBasicAndDiluted	0.08
CY2014Q1	cwh	Amortization Of Financing Costs And Discounts Continuing Operations AmortizationOfFinancingCostsAndDiscountsContinuingOperations	-309000	USD
CY2013Q1	cwh	Amortization Of Financing Costs And Discounts Continuing Operations AmortizationOfFinancingCostsAndDiscountsContinuingOperations	608000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	1051000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	973000	USD
CY2013Q1	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	-16000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	37632000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest	9953000	USD
CY2013Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	27679000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest	32055000	USD
CY2014Q1	us-gaap	Comprehensive Income Net Of Tax ComprehensiveIncomeNetOfTax	32055000	USD
CY2013Q1	us-gaap	Depreciation Depreciation	47349000	USD
CY2013Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	629000	USD
CY2013Q1	us-gaap	Straight Line Rent StraightLineRent	10962000	USD
CY2013Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	16903000	USD
CY2013Q1	us-gaap	Amortization Of Deferred Leasing Fees AmortizationOfDeferredLeasingFees	4800000	USD
CY2013Q1	cwh	Loss On Asset Impairment LossOnAssetImpairment	-3946000	USD
CY2013Q1	cwh	Gains Losses On Early Extinguishment Of Debt GainsLossesOnEarlyExtinguishmentOfDebt	-60027000	USD
CY2013Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	4111000	USD
CY2013Q1	cwh	Gain Loss On Sale Of Properties And Gain Loss On Disposal Of Discontinued Operation Net Of Tax GainLossOnSaleOfPropertiesAndGainLossOnDisposalOfDiscontinuedOperationNetOfTax	2856000	USD
CY2013Q1	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-3100000	USD
CY2013Q1	cwh	Increase Decrease In Rents Receivable And Other Assets IncreaseDecreaseInRentsReceivableAndOtherAssets	21203000	USD
CY2013Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-27769000	USD
CY2013Q1	us-gaap	Increase Decrease In Deferred Liabilities IncreaseDecreaseInDeferredLiabilities	-1948000	USD
CY2013Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-42000	USD
CY2013Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	1678000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	42832000	USD
CY2013Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	149318000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Productive Assets ProceedsFromSaleOfProductiveAssets	2163000	USD
CY2013Q1	us-gaap	Proceeds From Sale Of Equity Method Investments ProceedsFromSaleOfEquityMethodInvestments	239576000	USD
CY2013Q1	cwh	Distributions In Excess Of Earnings From Equity Investments DistributionsInExcessOfEarningsFromEquityInvestments	168000	USD
CY2013Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	1197000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	66139000	USD
CY2013Q1	us-gaap	Repayments Of Senior Debt RepaymentsOfSeniorDebt	728021000	USD
CY2013Q1	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	921000000	USD
CY2013Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	942135000	USD
CY2013Q1	us-gaap	Payments Of Financing Costs PaymentsOfFinancingCosts	1193000	USD
CY2013Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	20951000	USD
CY2013Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	11151000	USD
CY2013Q1	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	7259000	USD
CY2013Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-162719000	USD
CY2013Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	221000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-53527000	USD
CY2013Q1	us-gaap	Interest Paid InterestPaid	71368000	USD
CY2013Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	507000	USD
CY2013Q1	cwh	Investment Real Estate Mortgage Receivable InvestmentRealEstateMortgageReceivable	-7688000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents Period Increase Decrease CashAndCashEquivalentsPeriodIncreaseDecrease	-44894000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-54814000	USD
CY2014Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	46627000	USD
CY2014Q1	dei	Entity Registrant Name EntityRegistrantName	CommonWealth REIT
CY2014Q1	dei	Entity Central Index Key EntityCentralIndexKey	0000803649
CY2014Q1	dei	Document Type DocumentType	10-Q
CY2014Q1	dei	Document Period End Date DocumentPeriodEndDate	2014-03-31
CY2014Q1	us-gaap	Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare	0.03
CY2014Q1	us-gaap	Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax	10587000	USD
CY2014Q1	dei	Amendment Flag AmendmentFlag	false
CY2014Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2014Q1	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2014Q1	dei	Entity Filer Category EntityFilerCategory	Large Accelerated Filer
CY2014Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	118436415	shares
CY2014Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2014
CY2014Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2014Q1	us-gaap	Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax	1000000	USD
CY2014Q1	dei	Entity Number Of Employees EntityNumberOfEmployees	0	item
CY2014Q1	us-gaap	Investment Building And Building Improvements InvestmentBuildingAndBuildingImprovements	5168335000	USD
CY2012Q4	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	102219000	USD
CY2013Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	48692000	USD
CY2014Q1	us-gaap	Other Noncash Expense OtherNoncashExpense	10496000	USD
CY2014Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	13682000	USD
CY2014Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	15793000	USD
CY2014Q1	us-gaap	Common Stock Value CommonStockValue	1184000	USD
CY2014Q1	us-gaap	Additional Paid In Capital Common Stock AdditionalPaidInCapitalCommonStock	4217651000	USD
CY2014Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2230288000	USD
CY2014Q1	cwh	Cumulative Common Stock Distributions CumulativeCommonStockDistributions	3111868000	USD
CY2014Q1	cwh	Cumulative Preferred Stock Distributions CumulativePreferredStockDistributions	585122000	USD
CY2014Q1	us-gaap	Preferred Stock Dividends Income Statement Impact PreferredStockDividendsIncomeStatementImpact	11151000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations IncomeLossFromContinuingOperations	5574000	USD
CY2014Q1	us-gaap	Income Loss From Continuing Operations Per Basic And Diluted Share IncomeLossFromContinuingOperationsPerBasicAndDilutedShare	0.05
CY2014Q1	us-gaap	Real Estate Investment Property Accumulated Depreciation RealEstateInvestmentPropertyAccumulatedDepreciation	934776000	USD
CY2014Q1	us-gaap	Inventory Real Estate Held For Sale InventoryRealEstateHeldForSale	214677000	USD
CY2014Q1	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	244634000	USD
CY2014Q1	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	177555000	USD
CY2014Q1	us-gaap	Restricted Cash And Cash Equivalents RestrictedCashAndCashEquivalents	17441000	USD
CY2014Q1	us-gaap	Accounts Receivable Net AccountsReceivableNet	239766000	USD
CY2014Q1	us-gaap	Other Assets OtherAssets	206967000	USD
CY2014Q1	us-gaap	Line Of Credit LineOfCredit	235000000	USD
CY2014Q1	us-gaap	Senior Notes SeniorNotes	1856135000	USD
CY2014Q1	us-gaap	Secured Debt SecuredDebt	898804000	USD
CY2014Q1	us-gaap	Liabilities Of Assets Held For Sale LiabilitiesOfAssetsHeldForSale	23066000	USD
CY2014Q1	us-gaap	Other Liabilities OtherLiabilities	136482000	USD
CY2014Q1	us-gaap	Off Market Lease Unfavorable OffMarketLeaseUnfavorable	33064000	USD
CY2014Q1	us-gaap	Deferred Revenue DeferredRevenue	29618000	USD
CY2014Q1	us-gaap	Other Comprehensive Income Other Net Of Tax OtherComprehensiveIncomeOtherNetOfTax	20000	USD
CY2014Q1	us-gaap	Depreciation Depreciation	37682000	USD
CY2014Q1	us-gaap	Amortization Of Financing Costs And Discounts AmortizationOfFinancingCostsAndDiscounts	-309000	USD
CY2014Q1	us-gaap	Straight Line Rent StraightLineRent	5977000	USD
CY2014Q1	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	11979000	USD
CY2014Q1	us-gaap	Amortization Of Deferred Leasing Fees AmortizationOfDeferredLeasingFees	4231000	USD
CY2014Q1	cwh	Loss On Asset Impairment LossOnAssetImpairment	4473000	USD
CY2014Q1	us-gaap	Equity Method Investment Dividends Or Distributions EquityMethodInvestmentDividendsOrDistributions	10120000	USD
CY2014Q1	us-gaap	Increase Decrease In Restricted Cash For Operating Activities IncreaseDecreaseInRestrictedCashForOperatingActivities	-5362000	USD
CY2014Q1	cwh	Increase Decrease In Rents Receivable And Other Assets IncreaseDecreaseInRentsReceivableAndOtherAssets	18250000	USD
CY2014Q1	us-gaap	Increase Decrease In Accounts Payable And Accrued Liabilities IncreaseDecreaseInAccountsPayableAndAccruedLiabilities	-12545000	USD
CY2014Q1	us-gaap	Increase Decrease In Deferred Liabilities IncreaseDecreaseInDeferredLiabilities	-1125000	USD
CY2014Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	204000	USD
CY2014Q1	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-173000	USD
CY2014Q1	cwh	Cash Paid For Real Estate Improvements CashPaidForRealEstateImprovements	38457000	USD
CY2014Q1	cwh	Proceeds From Principal Repayments From Direct Financing Lease ProceedsFromPrincipalRepaymentsFromDirectFinancingLease	1795000	USD
CY2014Q1	us-gaap	Increase Decrease In Restricted Cash IncreaseDecreaseInRestrictedCash	702000	USD
CY2014Q1	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	14066000	USD
CY2014Q1	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	29597000	USD
CY2014Q1	us-gaap	Payments Of Dividends Preferred Stock And Preference Stock PaymentsOfDividendsPreferredStockAndPreferenceStock	11151000	USD
CY2014Q1	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents	657000	USD
CY2014Q1	us-gaap	Interest Paid InterestPaid	43228000	USD
CY2014Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	2321000	USD
CY2014Q1	cwh	Reversal Of Loss On Asset Impairment ReversalOfLossOnAssetImpairment	4761000	USD
CY2014Q1	cwh	Debt Instrument Covenant Term Of Forbearance Agreement Following The Replacement Of Board Of Trustees DebtInstrumentCovenantTermOfForbearanceAgreementFollowingTheReplacementOfBoardOfTrustees	P21D
CY2014Q1	cwh	Debt Instrument Covenant Minimum Percentage To Be Maintained Of Net Cash Proceeds Received From Asset Dispositions DebtInstrumentCovenantMinimumPercentageToBeMaintainedOfNetCashProceedsReceivedFromAssetDispositions	0.80	pure
CY2014Q1	cwh	Number Of Trustees In Board Of Trustees NumberOfTrusteesInBoardOfTrustees	0	item
CY2014Q1	cwh	Number Of Trustees Serving On Audit Committee Compensation Committee Or Nominating And Governance Committee Of Board Of Trustees NumberOfTrusteesServingOnAuditCommitteeCompensationCommitteeOrNominatingAndGovernanceCommitteeOfBoardOfTrustees	0	item
CY2014Q1	us-gaap	Dividends Preferred Stock Cash DividendsPreferredStockCash	0	USD

Files In Submission

Name	View Source	Status
0001104659-14-036450-index-headers.html	Edgar Link	pending
0001104659-14-036450-index.html	Edgar Link	pending
0001104659-14-036450.txt	Edgar Link	pending
0001104659-14-036450-xbrl.zip	Edgar Link	pending
a14-9669_110q.htm	Edgar Link	pending
a14-9669_1ex31d1.htm	Edgar Link	pending
a14-9669_1ex31d2.htm	Edgar Link	pending
a14-9669_1ex32d1.htm	Edgar Link	pending
cwh-20140331.xml	Edgar Link	completed
cwh-20140331.xsd	Edgar Link	pending
cwh-20140331_cal.xml	Edgar Link	unprocessable
cwh-20140331_def.xml	Edgar Link	unprocessable
cwh-20140331_lab.xml	Edgar Link	unprocessable
cwh-20140331_pre.xml	Edgar Link	unprocessable
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xls	Edgar Link	pending
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
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$EQC
Equity Commonwealth Stock $eqc

2014 Q1 Form 10-Q Financial Statement

#000110465914036450 Filed on May 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EQC Equity Commonwealth Stock $eqc

2014 Q1 Form 10-Q Financial Statement

#000110465914036450 Filed on May 08, 2014

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$EQC
Equity Commonwealth Stock $eqc