2013 Q4 Form 10-K Financial Statement

#000157596515000004 Filed on February 27, 2015

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2013 Q2
Revenue $113.8M $39.63M $46.07M
YoY Change 202.12% -13.51% -23.53%
Cost Of Revenue $30.70M $24.80M $27.50M
YoY Change 22.8% -9.16% -22.54%
Gross Profit $76.40M $14.80M $18.50M
YoY Change 506.35% -20.0% -25.1%
Gross Profit Margin 67.15% 37.34% 40.15%
Selling, General & Admin $25.90M $5.600M $5.800M
YoY Change 463.04% -17.65% -13.43%
% of Gross Profit 33.9% 37.84% 31.35%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $18.10M $3.611M $3.627M
YoY Change 417.14% 3.17% -48.92%
% of Gross Profit 23.69% 24.4% 19.61%
Operating Expenses $44.10M $33.97M $36.98M
YoY Change 444.44% 226.62% 259.05%
Operating Profit $39.02M $5.665M $9.090M
YoY Change 760.52% -30.53% -37.19%
Interest Expense -$19.30M $0.00 $0.00
YoY Change
% of Operating Profit -49.47% 0.0% 0.0%
Other Income/Expense, Net -$400.0K -$1.189M -$1.380M
YoY Change -63.64% -15.07% -23.33%
Pretax Income $12.70M $4.476M $7.710M
YoY Change 273.53% -34.18% -39.29%
Income Tax $8.500M $1.795M $3.011M
% Of Pretax Income 66.93% 40.1% 39.05%
Net Earnings $9.234M $2.681M $4.699M
YoY Change 338.46% -40.82% -38.32%
Net Earnings / Revenue 8.12% 6.76% 10.2%
Basic Earnings Per Share $0.08 $0.02 $0.04
Diluted Earnings Per Share $0.08 $0.02 $0.04
COMMON SHARES
Basic Shares Outstanding 89.02M shares 110.6M shares 110.6M shares
Diluted Shares Outstanding 115.6M shares 115.6M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $285.2M $18.60M $18.40M
YoY Change
Cash & Equivalents $285.2M $18.55M $18.40M
Short-Term Investments
Other Short-Term Assets $17.37M $2.900M $1.900M
YoY Change 1621.21%
Inventory
Prepaid Expenses $5.983M
Receivables $400.0K $500.0K
Other Receivables $0.00 $0.00
Total Short-Term Assets $285.2M $21.90M $20.80M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment $139.1M $111.2M $114.0M
YoY Change 16.95%
Goodwill $75.52M
YoY Change 0.0%
Intangibles $9.577M
YoY Change 0.0%
Long-Term Investments
YoY Change
Other Assets $55.10M $2.000M $1.800M
YoY Change
Total Long-Term Assets $2.324B -$21.90M $244.7M
YoY Change
TOTAL ASSETS
Total Short-Term Assets $285.2M $21.90M $20.80M
Total Long-Term Assets $2.324B -$21.90M $244.7M
Total Assets $2.609B $0.00 $265.5M
YoY Change 876.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.40M $6.000M $6.400M
YoY Change
Accrued Expenses $42.20M $2.900M $2.500M
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $0.00
YoY Change
Total Short-Term Liabilities $80.90M $15.90M $12.60M
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt $2.350B $0.00 $0.00
YoY Change
Other Long-Term Liabilities $31.70M $2.000M $1.600M
YoY Change
Total Long-Term Liabilities $2.350B $2.000M $1.600M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities $80.90M $15.90M $12.60M
Total Long-Term Liabilities $2.350B $2.000M $1.600M
Total Liabilities $2.467B $22.80M $21.20M
YoY Change 7923.45%
SHAREHOLDERS EQUITY
Retained Earnings $137.9M
YoY Change -16.42%
Common Stock $4.538M $0.00
YoY Change -93.64%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $137.5M $0.00 $244.2M
YoY Change
Total Liabilities & Shareholders Equity $2.609B $267.2M $265.5M
YoY Change 876.97%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2013 Q2
OPERATING ACTIVITIES
Net Income $9.234M $2.681M $4.699M
YoY Change 338.46% -40.82% -38.32%
Depreciation, Depletion And Amortization $18.10M $3.611M $3.627M
YoY Change 417.14% 3.17% -48.92%
Cash From Operating Activities $67.40M $6.800M $10.20M
YoY Change 1082.46% -29.17% -10.53%
INVESTING ACTIVITIES
Capital Expenditures -$13.20M $103.0K -$1.300M
YoY Change 676.47% -108.58% -43.48%
Acquisitions
YoY Change
Other Investing Activities $100.0K $0.00 $0.00
YoY Change -66.67% -100.0%
Cash From Investing Activities -$13.30M -$800.0K -$1.300M
YoY Change 850.0% -33.33% -40.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 212.5M -5.800M -7.700M
YoY Change -4621.28% -37.63% -26.67%
NET CHANGE
Cash From Operating Activities 67.40M 6.800M 10.20M
Cash From Investing Activities -13.30M -800.0K -1.300M
Cash From Financing Activities 212.5M -5.800M -7.700M
Net Change In Cash 266.6M 200.0K 1.200M
YoY Change -66750.0% -122.22% -192.31%
FREE CASH FLOW
Cash From Operating Activities $67.40M $6.800M $10.20M
Capital Expenditures -$13.20M $103.0K -$1.300M
Free Cash Flow $80.60M $6.697M $11.50M
YoY Change 989.19% -37.99% -16.06%

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DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
823000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
1107000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
4282000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1443000 USD
CY2013Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
3459000 USD
CY2014Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
336000 USD
CY2012 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
200000 USD
CY2013 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
200000 USD
CY2014 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
300000 USD
CY2014 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.50
CY2012 us-gaap Depreciation
Depreciation
14090000 USD
CY2013 us-gaap Depreciation
Depreciation
28923000 USD
CY2014 us-gaap Depreciation
Depreciation
106843000 USD
CY2014Q1 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-03-28
CY2014Q2 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-06-27
CY2014Q3 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-09-26
CY2014Q4 us-gaap Dividend Payable Date To Be Paid Day Month And Year
DividendPayableDateToBePaidDayMonthAndYear
2014-12-19
CY2014Q1 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-02-18
CY2013Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2014Q2 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-05-30
CY2014Q3 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-09-03
CY2014Q4 us-gaap Dividends Payable Date Declared Day Month And Year
DividendsPayableDateDeclaredDayMonthAndYear
2014-11-18
CY2014Q1 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2014-03-07
CY2014Q2 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2014-06-12
CY2014Q3 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2014-09-15
CY2014Q4 us-gaap Dividends Payable Date Of Record Day Month And Year
DividendsPayableDateOfRecordDayMonthAndYear
2014-12-02
CY2014Q1 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
CY2014Q2 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
CY2014Q3 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
CY2014Q4 us-gaap Dividends Share Based Compensation
DividendsShareBasedCompensation
1000000 USD
CY2014 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
CY2013Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.04
CY2013Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.02
CY2013Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2013 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.18
CY2014Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.40
CY2014Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.42
CY2014Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.44
CY2014Q4 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.39
CY2014 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.65
CY2012 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.20
CY2013Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
CY2013Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.04
CY2013Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.02
CY2013Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.08
CY2013 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.17
CY2014Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2014Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.40
CY2014Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.42
CY2014Q4 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.38
CY2014 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.58
CY2012 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.386
CY2013 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.466
CY2014 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.018
CY2012 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2013 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2014 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350
CY2012 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.000
CY2013 us-gaap Effective Income Tax Rate Reconciliation Nondeductible Expense
EffectiveIncomeTaxRateReconciliationNondeductibleExpense
0.075
CY2012 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
0.005
CY2013 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.002
CY2014 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.011
CY2012 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.030
CY2013 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.104
CY2014 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.005
CY2013Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
10337000 USD
CY2014Q4 us-gaap Employee Related Liabilities Current And Noncurrent
EmployeeRelatedLiabilitiesCurrentAndNoncurrent
12581000 USD
CY2012 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
13114000 USD
CY2013 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
10775000 USD
CY2014 us-gaap Food And Beverage Cost Of Sales
FoodAndBeverageCostOfSales
9734000 USD
CY2012 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
15635000 USD
CY2013 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
12357000 USD
CY2014 us-gaap Food And Beverage Revenue
FoodAndBeverageRevenue
11621000 USD
CY2012 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
142000 USD
CY2013 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
39000 USD
CY2014 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
-10000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
25068000 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
43262000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
80836000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
75521000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
75521000 USD
CY2012 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37350000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
37126000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
188797000 USD
CY2012 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
14431000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
17296000 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3413000 USD
CY2012 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
13073000 USD
CY2013 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12994000 USD
CY2014 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
66079000 USD
CY2012 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2013 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
2793000 USD
CY2014 us-gaap Income Tax Reconciliation Nondeductible Expense
IncomeTaxReconciliationNondeductibleExpense
0 USD
CY2012 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
202000 USD
CY2013 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-104000 USD
CY2014 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-2198000 USD
CY2012 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
1126000 USD
CY2013 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
3840000 USD
CY2014 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
964000 USD
CY2014 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
20100000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-260000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2638000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
-1650000 USD
CY2012 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-10162000 USD
CY2013 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
5718000 USD
CY2014 us-gaap Increase Decrease In Accrued Income Taxes Payable
IncreaseDecreaseInAccruedIncomeTaxesPayable
-18754000 USD
CY2012 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
-394000 USD
CY2014 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
527000 USD
CY2014Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9577000 USD
CY2012 us-gaap Interest Expense
InterestExpense
0 USD
CY2013 us-gaap Interest Expense
InterestExpense
19254000 USD
CY2014 us-gaap Interest Expense
InterestExpense
117030000 USD
CY2013 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2131000 USD
CY2014 us-gaap Increase Decrease In Employee Related Liabilities
IncreaseDecreaseInEmployeeRelatedLiabilities
2244000 USD
CY2012 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
0 USD
CY2013 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
17216000 USD
CY2014 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
-527000 USD
CY2012 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-456000 USD
CY2013 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
7996000 USD
CY2014 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-8444000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
0 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
662000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1660000 USD
CY2012 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-26000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
583000 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
2877000 USD
CY2012 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1513000 USD
CY2013 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
885000 USD
CY2014 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
10601000 USD
CY2012 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-250000 USD
CY2013 us-gaap Increase Decrease In Property And Other Taxes Payable
IncreaseDecreaseInPropertyAndOtherTaxesPayable
-7000 USD
CY2013Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
9577000 USD
CY2013Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2350000000 USD
CY2012 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-2000 USD
CY2013 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
19253000 USD
CY2014 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
114586000 USD
CY2012 us-gaap Interest Paid Net
InterestPaidNet
0 USD
CY2013 us-gaap Interest Paid Net
InterestPaidNet
800000 USD
CY2014 us-gaap Interest Paid Net
InterestPaidNet
109400000 USD
CY2013Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
18055000 USD
CY2014Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
17528000 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2014Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
700000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
2466810000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
2689316000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2609239000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2564580000 USD
CY2014Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
1000000000 USD
CY2014Q4 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
LineOfCreditFacilityRemainingBorrowingCapacity
441300000 USD
CY2013Q4 us-gaap Loans Receivable Net
LoansReceivableNet
0 USD
CY2014Q4 us-gaap Loans Receivable Net
LoansReceivableNet
34000000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
2350000000 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
2609487000 USD
CY2013Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
0 USD
CY2014Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
81000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1500949000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
81000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
118000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1108113000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
107000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
119000 USD
CY2014Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2609406000 USD
CY2014Q4 us-gaap Loss Contingency Damages Sought Value
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10000000 USD
CY2012 us-gaap Management Fee Expense
ManagementFeeExpense
6320000 USD
CY2013 us-gaap Management Fee Expense
ManagementFeeExpense
4203000 USD
CY2014 us-gaap Management Fee Expense
ManagementFeeExpense
0 USD
CY2012 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-2584000 USD
CY2013 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
270659000 USD
CY2014 us-gaap Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
-249248000 USD
CY2012 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-24518000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
206302000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-205188000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-4810000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-16275000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-317319000 USD
CY2012 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
26744000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
80632000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
273259000 USD
CY2012 us-gaap Net Income Loss
NetIncomeLoss
22919000 USD
CY2013Q1 us-gaap Net Income Loss
NetIncomeLoss
3216000 USD
CY2013Q2 us-gaap Net Income Loss
NetIncomeLoss
4699000 USD
CY2013Q3 us-gaap Net Income Loss
NetIncomeLoss
2681000 USD
CY2013Q4 us-gaap Net Income Loss
NetIncomeLoss
9234000 USD
CY2013 us-gaap Net Income Loss
NetIncomeLoss
19830000 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
44312000 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
47012000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
49902000 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
44158000 USD
CY2014 us-gaap Net Income Loss
NetIncomeLoss
185384000 USD
CY2012 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22833000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19755000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
184612000 USD
CY2014Q4 us-gaap Net Rentable Area
NetRentableArea
7000000 sqft
CY2012 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-6318000 USD
CY2013 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-23456000 USD
CY2014 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-114586000 USD
CY2014Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
19 property
CY2014 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2014Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
12 item
CY2012 us-gaap Operating Expenses
OperatingExpenses
166975000 USD
CY2013 us-gaap Operating Expenses
OperatingExpenses
181547000 USD
CY2014 us-gaap Operating Expenses
OperatingExpenses
332562000 USD
CY2012 us-gaap Operating Income Loss
OperatingIncomeLoss
43668000 USD
CY2013Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
6811000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
9090000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
5665000 USD
CY2013Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
39016000 USD
CY2013 us-gaap Operating Income Loss
OperatingIncomeLoss
60582000 USD
CY2014Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
74334000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
77374000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
77622000 USD
CY2014Q4 us-gaap Operating Income Loss
OperatingIncomeLoss
74053000 USD
CY2014 us-gaap Operating Income Loss
OperatingIncomeLoss
303383000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
51521000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1528000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1089000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1531000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1533000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1520000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
405743000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
360517000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
398622000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
406243000 USD
CY2014Q2 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
58200000 USD
CY2014Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
58000000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
44320000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
5165292000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
405743000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
3188424000 USD
CY2012 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
0 USD
CY2013 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
76557000 USD
CY2014 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
481814000 USD
CY2013Q4 us-gaap Other Assets Current
OtherAssetsCurrent
17367000 USD
CY2014Q4 us-gaap Other Assets Current
OtherAssetsCurrent
45254000 USD
CY2013Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
17041000 USD
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CY2014Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
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CY2012 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
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CY2013 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
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CY2014 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
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CY2012 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2013 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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CY2014 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
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PaymentsForAdvanceToAffiliate
0 USD
CY2012 us-gaap Payments For Capital Improvements
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PaymentsForCapitalImprovements
4230000 USD
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0 USD
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0 USD
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PaymentsOfDividends
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CY2014Q3 us-gaap Payments Of Dividends Common Stock
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PaymentsOfFinancingCosts
0 USD
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PaymentsOfFinancingCosts
48147000 USD
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PaymentsOfFinancingCosts
306000 USD
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0 USD
CY2013 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
CY2014 us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
43000000 USD
CY2012 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
1930000 USD
CY2013 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
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PaymentsToAcquirePropertyPlantAndEquipment
139231000 USD
CY2012 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2013Q4 us-gaap Prepaid Expense Current
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5983000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
180252000 USD
CY2014Q4 us-gaap Prepaid Expense Current
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7900000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2108591000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
2288664000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
454181000 USD
CY2013 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2014 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
140730000 USD
CY2012 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
0 USD
CY2013 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
0 USD
CY2014 us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
9000000 USD
CY2012 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2350000000 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
291950000 USD
CY2012 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
380000 USD
CY2013 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
153000 USD
CY2014 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
180000 USD
CY2012 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2013 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1431000 USD
CY2014 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
29931000 USD
CY2012 us-gaap Promotional Allowances
PromotionalAllowances
7573000 USD
CY2013 us-gaap Promotional Allowances
PromotionalAllowances
6137000 USD
CY2014 us-gaap Promotional Allowances
PromotionalAllowances
5773000 USD
CY2013Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
244965000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
252798000 USD
CY2013Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
139121000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
134028000 USD
CY2014Q4 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
19 property
CY2014Q4 us-gaap Purchase Obligation
PurchaseObligation
1800000 USD
CY2012Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
0 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
484488000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
565297000 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
11941000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
0 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
454004000 USD
CY2013 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 USD
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
12403000 USD
CY2014Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
2750000000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
0 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2433114000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2742845000 USD
CY2013 us-gaap Real Estate Improvements
RealEstateImprovements
62000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
181404000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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484488000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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565297000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
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2494791000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2745421000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2010303000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2180124000 USD
CY2013 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
0 USD
CY2014 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
140730000 USD
CY2013Q1 us-gaap Revenues
Revenues
42648000 USD
CY2012 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
1592000 USD
CY2013 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
9220000 USD
CY2014 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
52154000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2013Q2 us-gaap Revenues
Revenues
46072000 USD
CY2013Q3 us-gaap Revenues
Revenues
39633000 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
0 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
137891000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1014726000 USD
CY2012 us-gaap Revenues
Revenues
210643000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
32024000 USD
CY2013Q4 us-gaap Revenues
Revenues
113776000 USD
CY2013 us-gaap Revenues
Revenues
242129000 USD
CY2014Q1 us-gaap Revenues
Revenues
158328000 USD
CY2014Q2 us-gaap Revenues
Revenues
160786000 USD
CY2014Q3 us-gaap Revenues
Revenues
157795000 USD
CY2014Q4 us-gaap Revenues
Revenues
159036000 USD
CY2014 us-gaap Revenues
Revenues
635945000 USD
CY2013 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
14822000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
92750000 USD
CY2012 us-gaap Share Based Compensation
ShareBasedCompensation
0 USD
CY2013 us-gaap Share Based Compensation
ShareBasedCompensation
1566000 USD
CY2014 us-gaap Share Based Compensation
ShareBasedCompensation
12258000 USD
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
4380854 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
9770939 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
18.44
CY2014 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
43100000 USD
CY2014Q4 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Exercisable Intrinsic Value1
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsExercisableIntrinsicValue1
108200000 USD
CY2013 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
374000 USD
CY2014 us-gaap Stock Issued During Period Value Restricted Stock Award Net Of Forfeitures
StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures
3521000 USD
CY2013 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
2622000 USD
CY2014 us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
38669000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
219911000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
236330000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
142429000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
-124736000 USD
CY2012 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2013 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
0 USD
CY2014 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
18000 USD
CY2012 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115603000 shares
CY2013 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
115865000 shares
CY2014 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
117586000 shares
CY2012 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110582000 shares
CY2013 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110617000 shares
CY2014 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112037000 shares
CY2014 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Concentration of Credit Risk</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:42px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Concentrations of credit risk arise when a number of operators, tenants, or obligors related to the Company's investments are engaged in similar business activities, or activities in the same geographic region, or have similar economic features that would cause their ability to meet contractual obligations, including those to the Company, to be similarly affected by changes in economic conditions. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, substantially all of the Company's real estate properties were leased to Penn and approximately </font><font style="font-family:inherit;font-size:10pt;">97%</font><font style="font-family:inherit;font-size:10pt;"> of the Company's rental revenues were derived from the Master Lease. Revenues from Penn are reported in the Company's GLP Capital,&#160;L.P. reportable segment. Penn is a publicly traded company that is subject to the informational filing requirements of the Securities Exchange Act of 1934, as amended, and is required to file periodic reports on Form&#160;10-K and Form&#160;10-Q with the Securities and Exchange Commission. Penn's net revenues were </font><font style="font-family:inherit;font-size:10pt;">$2.6 billion</font><font style="font-family:inherit;font-size:10pt;"> for the year ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">$2.9 billion</font><font style="font-family:inherit;font-size:10pt;"> for each of the years ended </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;"> and </font><font style="font-family:inherit;font-size:10pt;">2012</font><font style="font-family:inherit;font-size:10pt;">. Other than the Company's tenant concentration, management believes the Company's portfolio was reasonably diversified by geographical location and did not contain any other significant concentrations of credit risk. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2014</font><font style="font-family:inherit;font-size:10pt;">, the Company's portfolio of </font><font style="font-family:inherit;font-size:10pt;">19</font><font style="font-family:inherit;font-size:10pt;"> leased properties and the TRS properties was diversified by location across </font><font style="font-family:inherit;font-size:10pt;">12</font><font style="font-family:inherit;font-size:10pt;"> states.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Financial instruments that subject the Company to credit risk consist of cash and cash equivalents, accounts receivable and loans receivable.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company's policy is to limit the amount of credit exposure to any one financial institution and place investments with financial institutions evaluated as being creditworthy, or in short-term money market and tax-free bond funds which are exposed to minimal interest rate and credit risk. At times, the Company has bank deposits and overnight repurchase agreements that exceed federally-insured limits.</font></div></div>

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