2018 Q3 Form 10-Q Financial Statement

#000162828018013709 Filed on November 06, 2018

View on sec.gov

Income Statement

Concept 2018 Q3 2017 Q3
Revenue $186.4M $186.5M
YoY Change -0.08% 6.17%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $13.15M $12.90M
YoY Change 1.93% 9.33%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $137.9M $130.5M
YoY Change 5.61% 6.77%
Operating Profit $48.54M $56.01M
YoY Change -13.34% 4.8%
Interest Expense $20.66M $16.89M
YoY Change 22.31% -5.85%
% of Operating Profit 42.56% 30.16%
Other Income/Expense, Net
YoY Change
Pretax Income $31.37M $37.73M
YoY Change -16.88% 5.85%
Income Tax $2.135M $2.245M
% Of Pretax Income 6.81% 5.95%
Net Earnings $29.00M $35.26M
YoY Change -17.75% 7.94%
Net Earnings / Revenue 15.56% 18.9%
Basic Earnings Per Share $0.10 $0.12
Diluted Earnings Per Share $0.10 $0.12
COMMON SHARES
Basic Shares Outstanding 297.5M shares 296.4M shares
Diluted Shares Outstanding 297.5M shares 297.9M shares

Balance Sheet

Concept 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $229.7M $432.1M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $491.5M $491.5M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.167B $3.849B
YoY Change 8.26% -0.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $2.177B $1.879B
YoY Change 15.9% -2.64%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity
YoY Change
Total Liabilities & Shareholders Equity $4.167B $3.849B
YoY Change 8.26% -0.87%

Cashflow Statement

Concept 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $29.00M $35.26M
YoY Change -17.75% 7.94%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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491500000 USD
CY2017Q4 us-gaap Ground Leases Accumulated Amortization
GroundLeasesAccumulatedAmortization
28687000 USD
CY2018Q3 us-gaap Ground Leases Accumulated Amortization
GroundLeasesAccumulatedAmortization
34561000 USD
CY2017Q4 us-gaap Ground Leases Gross
GroundLeasesGross
396916000 USD
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GroundLeasesGross
396916000 USD
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GroundLeasesNet
368229000 USD
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GroundLeasesNet
362355000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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37734000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
90326000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
31365000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
80802000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2245000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
4333000 USD
CY2018Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2135000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3330000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
5004000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
3690000 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accounts Receivable
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3176000 USD
us-gaap Increase Decrease In Deferred Leasing Fees
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21660000 USD
us-gaap Increase Decrease In Deferred Leasing Fees
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18578000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-13672000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-20308000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
213000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
-4566000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
720000 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
852000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
762000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000 shares
CY2017Q3 us-gaap Interest Expense
InterestExpense
16890000 USD
us-gaap Interest Expense
InterestExpense
52109000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
20658000 USD
us-gaap Interest Expense
InterestExpense
58774000 USD
us-gaap Interest Paid Net
InterestPaidNet
53918000 USD
us-gaap Interest Paid Net
InterestPaidNet
56597000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
5687000 USD
CY2018Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
3447000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2458473000 USD
CY2018Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2616772000 USD
CY2017Q3 us-gaap Investment Income Net
InvestmentIncomeNet
774000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
2169000 USD
CY2018Q3 us-gaap Investment Income Net
InvestmentIncomeNet
3485000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
7209000 USD
CY2017Q4 us-gaap Land
Land
201196000 USD
CY2018Q3 us-gaap Land
Land
201196000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1953610000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
2177381000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3931347000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4166832000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.558
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Members Or Limited Partners Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPMembersOrLimitedPartnersOwnershipInterest
0.442
CY2018Q3 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
134112696 shares
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2018Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2017Q4 us-gaap Long Term Debt
LongTermDebt
717164000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
609299000 USD
CY2017Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
31500000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
94500000 USD
CY2018Q3 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
31900000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
95300000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-136990000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
136124000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-157606000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-569623000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
174836000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
187403000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
35255000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
85291000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
28996000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
76770000 USD
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2017Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
41270000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
122009000 USD
CY2018Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
42772000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
126375000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
130539000 USD
us-gaap Operating Expenses
OperatingExpenses
384517000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
137864000 USD
us-gaap Operating Expenses
OperatingExpenses
399835000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
56007000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
142712000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
48538000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
132367000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
122391000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
360348000 USD
CY2018Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
123621000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
369970000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-1638000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-14654000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
3884000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
9827000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-359000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-402000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-427000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-1562000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1279000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-14252000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
4311000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
11389000 USD
CY2017Q3 us-gaap Other Operating Income
OtherOperatingIncome
2993000 USD
us-gaap Other Operating Income
OtherOperatingIncome
7338000 USD
CY2018Q3 us-gaap Other Operating Income
OtherOperatingIncome
2416000 USD
us-gaap Other Operating Income
OtherOperatingIncome
9600000 USD
CY2017Q4 us-gaap Partners Capital
PartnersCapital
1977737000 USD
CY2018Q3 us-gaap Partners Capital
PartnersCapital
1989451000 USD
us-gaap Partners Capital Account Distributions
PartnersCapitalAccountDistributions
95960000 USD
us-gaap Partners Capital Account Unit Based Compensation
PartnersCapitalAccountUnitBasedCompensation
14064000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
157579000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
169622000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
95186000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
95960000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
12186000 USD
CY2017Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
53731000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
163115000 USD
CY2018Q3 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
67120000 USD
us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
190359000 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
0 USD
us-gaap Payments To Acquire Short Term Investments
PaymentsToAcquireShortTermInvestments
400000000 USD
CY2017Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
234000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
702000 USD
CY2018Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
234000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
702000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
61028000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
50663000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4749000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
315000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
160000000 USD
us-gaap Proceeds From Unsecured Notes Payable
ProceedsFromUnsecuredNotesPayable
335000000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
35489000 USD
us-gaap Profit Loss
ProfitLoss
85993000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
29230000 USD
us-gaap Profit Loss
ProfitLoss
77472000 USD
CY2017Q3 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
345000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
1088000 USD
CY2018Q3 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
312000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
1151000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
656900000 USD
CY2018Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
718959000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2667655000 USD
CY2018Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2825955000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2010755000 USD
CY2018Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2106996000 USD
CY2017Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
26901000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
76001000 USD
CY2018Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
28284000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
81771000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
344618000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
265688000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
265000000 USD
us-gaap Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
0 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
61514000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
64020000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
65853000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
54356000 USD
CY2017Q3 us-gaap Revenues
Revenues
186546000 USD
us-gaap Revenues
Revenues
527229000 USD
CY2018Q3 us-gaap Revenues
Revenues
186402000 USD
us-gaap Revenues
Revenues
532202000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
47086000 USD
CY2018Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
42520000 USD
CY2017Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
12899000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
36566000 USD
CY2018Q3 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
13148000 USD
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
39001000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
10808000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
14064000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Requisite Service Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardRequisiteServicePeriod1
P10Y
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
8.52
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
8.54
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
11.20
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
9.68
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
14.58
CY2017Q4 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2018Q3 us-gaap Short Term Investments
ShortTermInvestments
400000000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
4749000 USD
us-gaap Straight Line Rent
StraightLineRent
20590000 USD
us-gaap Straight Line Rent
StraightLineRent
16662000 USD
CY2017Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
228000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
582000 USD
CY2018Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
212000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
586000 USD
CY2018Q3 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
303333599 shares
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2157000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
263662000 USD
CY2018Q3 us-gaap Unsecured Debt
UnsecuredDebt
264023000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
297871000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
298089000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
297478000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
297181000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
296389000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
296389000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
297478000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
297180000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The prior year balance of other revenues and fees has been reclassified to separately present lease termination fees and interest income and conform to our current year presentation.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in accordance with GAAP requires management to use estimates and assumptions that in certain circumstances affect the reported amounts of assets and liabilities, the disclosure of contingent assets and liabilities, and the reported revenues and expenses. Significant items subject to such estimates and assumptions include allocation of the purchase price of acquired real estate properties among tangible and intangible assets, determination of the useful life of real estate properties and other long-lived assets, valuation and impairment analysis of commercial real estate properties and other long-lived assets, estimate of tenant expense reimbursements, valuation of the allowance for doubtful accounts, and valuation of derivative instruments, senior unsecured notes, mortgage notes payable, unsecured term loan and revolving credit facilities, and equity based compensation. These estimates are prepared using management&#8217;s best judgment, after considering past, current, and expected events and economic conditions. Actual results could differ from those estimates.</font></div></div>

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