2014 Q2 Form 10-Q Financial Statement

#000092108214000043 Filed on July 29, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $140.0M $132.6M
YoY Change 5.53% 10.13%
Cost Of Revenue $55.30M $47.30M
YoY Change 16.91% 7.99%
Gross Profit $97.40M $85.30M
YoY Change 14.19% 12.38%
Gross Profit Margin 69.59% 64.32%
Selling, General & Admin $8.700M $8.400M
YoY Change 3.57% -5.62%
% of Gross Profit 8.93% 9.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $50.40M $42.50M
YoY Change 18.59% 4.68%
% of Gross Profit 51.75% 49.82%
Operating Expenses $115.0M $96.34M
YoY Change 19.41% 2.73%
Operating Profit $97.45M $85.30M
YoY Change 14.24% 5.51%
Interest Expense $21.21M $23.29M
YoY Change -8.9% -4.46%
% of Operating Profit 21.77% 27.3%
Other Income/Expense, Net $1.428M $1.617M
YoY Change -11.69% 111.65%
Pretax Income $17.90M $14.61M
YoY Change 22.5% 56.35%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $24.51M $29.58M
YoY Change -17.13% 104.02%
Net Earnings / Revenue 17.51% 22.3%
Basic Earnings Per Share $0.25 $0.33
Diluted Earnings Per Share $0.25 $0.33
COMMON SHARES
Basic Shares Outstanding 90.25M shares 82.81M shares
Diluted Shares Outstanding 93.31M shares 86.63M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.70M $10.10M
YoY Change 85.15% 55.38%
Cash & Equivalents $18.70M $10.12M
Short-Term Investments
Other Short-Term Assets $45.50M $42.00M
YoY Change 8.33% 0.24%
Inventory $68.20M
Prepaid Expenses
Receivables $160.0M $148.0M
Other Receivables $0.00 $0.00
Total Short-Term Assets $292.4M $200.1M
YoY Change 46.13% 8.75%
LONG-TERM ASSETS
Property, Plant & Equipment $3.315B $3.051B
YoY Change 8.67% 13.83%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $30.39M $65.27M
YoY Change -53.45% -15.33%
Other Assets $228.6M $197.8M
YoY Change 15.57% 34.19%
Total Long-Term Assets $3.584B $3.339B
YoY Change 7.33% 12.78%
TOTAL ASSETS
Total Short-Term Assets $292.4M $200.1M
Total Long-Term Assets $3.584B $3.339B
Total Assets $3.877B $3.540B
YoY Change 9.53% 12.55%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $172.7M $185.1M
YoY Change -6.7% 35.01%
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 $172.7M $185.1M
YoY Change -6.7% 35.01%
LONG-TERM LIABILITIES
Long-Term Debt $2.084B $1.932B
YoY Change 7.86% 5.96%
Other Long-Term Liabilities $46.60M $28.40M
YoY Change 64.08% -7.79%
Total Long-Term Liabilities $2.130B $1.960B
YoY Change 8.68% 5.73%
TOTAL LIABILITIES
Total Short-Term Liabilities $172.7M $185.1M
Total Long-Term Liabilities $2.130B $1.960B
Total Liabilities $2.303B $2.145B
YoY Change 7.36% 7.74%
SHAREHOLDERS EQUITY
Retained Earnings -$962.2M -$927.1M
YoY Change 3.79% 5.48%
Common Stock $904.0K $840.0K
YoY Change 7.62% 11.11%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.429B $1.259B
YoY Change
Total Liabilities & Shareholders Equity $3.877B $3.540B
YoY Change 9.53% 12.55%

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income $24.51M $29.58M
YoY Change -17.13% 104.02%
Depreciation, Depletion And Amortization $50.40M $42.50M
YoY Change 18.59% 4.68%
Cash From Operating Activities $83.10M $74.80M
YoY Change 11.1% 5.06%
INVESTING ACTIVITIES
Capital Expenditures -$88.60M -$44.20M
YoY Change 100.45% 30.38%
Acquisitions
YoY Change
Other Investing Activities -$300.0K -$97.20M
YoY Change -99.69% -1346.15%
Cash From Investing Activities -$88.80M -$141.4M
YoY Change -37.2% 441.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 11.10M 64.60M
YoY Change -82.82% -226.92%
NET CHANGE
Cash From Operating Activities 83.10M 74.80M
Cash From Investing Activities -88.80M -141.4M
Cash From Financing Activities 11.10M 64.60M
Net Change In Cash 5.400M -2.000M
YoY Change -370.0% -65.52%
FREE CASH FLOW
Cash From Operating Activities $83.10M $74.80M
Capital Expenditures -$88.60M -$44.20M
Free Cash Flow $171.7M $119.0M
YoY Change 44.29% 13.23%

Facts In Submission

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ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
588000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2013Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
1066000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
2194000 USD
us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
CY2014Q2 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
0 USD
us-gaap Income Loss From Continuing Operations
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24031000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
14033000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
22705000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
34461000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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25475000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
31119000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
14611000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
17898000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
37704000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
26787000 USD
CY2014Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
24512000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
15487000 USD
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.17
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.25
us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.38
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.30
CY2014Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.25
us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.38
CY2013Q2 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.17
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
16552000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
0 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
14092000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
IncomeLossFromDiscontinuedOperationsNetOfTax
384000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
12000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
603000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Noncontrolling Interest
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest
712000 USD
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
13489000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
372000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
15840000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.01
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.19
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.16
CY2014Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.00
CY2013Q2 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.16
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.19
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
0.01
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
638000 USD
CY2014Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
667000 USD
CY2013Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
913000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1349000 USD
us-gaap Increase Decrease In Accounts Receivable
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-2295000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1491000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
232000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
0 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
4962000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2284000 USD
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
120000 shares
CY2013Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
132000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
123000 shares
CY2014Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
121000 shares
us-gaap Interest Expense
InterestExpense
42575000 USD
CY2013Q2 us-gaap Interest Expense
InterestExpense
23286000 USD
us-gaap Interest Expense
InterestExpense
47154000 USD
CY2014Q2 us-gaap Interest Expense
InterestExpense
21213000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
45196000 USD
CY2013Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
22398000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1140000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1824000 USD
CY2014Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
20640000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
41390000 USD
us-gaap Interest Paid Net
InterestPaidNet
40480000 USD
us-gaap Interest Paid Net
InterestPaidNet
41468000 USD
CY2014Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
3400000 USD
CY2014Q2 us-gaap Land
Land
382575000 USD
CY2013Q4 us-gaap Land
Land
393602000 USD
CY2014Q2 us-gaap Land Available For Development
LandAvailableForDevelopment
104873000 USD
CY2013Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
110374000 USD
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2201925000 USD
CY2014Q2 us-gaap Liabilities
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2302940000 USD
CY2014Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3876800000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3807101000 USD
CY2014Q2 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2181584000 USD
CY2013Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2064369000 USD
CY2014Q2 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2152505000 USD
CY2013Q4 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2037385000 USD
CY2014Q2 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
10144000 USD
CY2013Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
26485000 USD
CY2014Q2 us-gaap Minority Interest
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21317000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
21396000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-18337000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-9649000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
940000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
408000 USD
CY2014Q2 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.5
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
120098000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
27093000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-240685000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-133112000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
116926000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
114534000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
27522000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39871000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34833000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22705000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
41695000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
35973000 USD
CY2014Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
23447000 USD
CY2013Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
28765000 USD
CY2014Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
438000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
390000 USD
CY2013Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
187000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
861000 USD
CY2014Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
742000 USD
CY2013Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1243000 USD
CY2014Q2 us-gaap Notes Receivable Net
NotesReceivableNet
10140000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
93911000 USD
CY2013Q2 us-gaap Operating Expenses
OperatingExpenses
96338000 USD
CY2014Q2 us-gaap Operating Expenses
OperatingExpenses
115039000 USD
us-gaap Operating Expenses
OperatingExpenses
193602000 USD
CY2013Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
85301000 USD
CY2013Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
1956299000 USD
CY2014Q2 us-gaap Notes And Loans Payable
NotesAndLoansPayable
2058972000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
111665000 USD
CY2014Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
55275000 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
26409000 USD
CY2013Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
47317000 USD
us-gaap Operating Expenses
OperatingExpenses
230308000 USD
CY2014Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
97447000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
189510000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
169084000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
8486000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
7028000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-1797000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2108000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-944000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-800000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1588000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1872000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-4250000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
6599000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2846000 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
6319000 USD
CY2013Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-91000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
270000 USD
CY2014Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
105000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
299000 USD
CY2013Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1617000 USD
CY2014Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1410000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
3400000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
2809000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2827000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3236000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1428000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1617000 USD
us-gaap Partners Capital Account Units Redeemed
PartnersCapitalAccountUnitsRedeemed
2500 shares
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
54794000 USD
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
42343000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
408000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
940000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
76605000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
69563000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3140000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
2497000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1254000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1254000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2467000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
242000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
42000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1711000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2650000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2537000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
429000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
6225000 USD
hiw Entitys Share Of Equity Method Investment Impairment Of Assets Held For Use
EntitysShareOfEquityMethodInvestmentImpairmentOfAssetsHeldForUse
0 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
432000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
234000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
228461000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
11499000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
69928000 USD
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08625
CY2013 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08625
CY2014Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
627000 USD
CY2013Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
627000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1254000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1254000 USD
CY2014Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2013Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
29077 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
29077 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
29077 shares
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
29077 shares
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
29077000 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
29077000 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
45453000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
39561000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
276000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
16817000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
468000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
435000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
11404000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
126738000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
296949000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
346300000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
302100000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
60381000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
8975000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
24512000 USD
us-gaap Profit Loss
ProfitLoss
38088000 USD
us-gaap Profit Loss
ProfitLoss
43339000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
29579000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
380000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1278000 USD
CY2014Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
68159000 USD
CY2013Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
985244000 USD
hiw Entitys Share Of Equity Method Investment Impairment Of Assets Held For Use
EntitysShareOfEquityMethodInvestmentImpairmentOfAssetsHeldForUse
1020000 USD
hiw Entitys Share Of Equity Method Investment Interest Expense
EntitysShareOfEquityMethodInvestmentInterestExpense
3484000 USD
hiw Entitys Share Of Equity Method Investment Net Income
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;text-align:left;font-size:9pt;"><font style="font-family:inherit;font-size:9pt;">&#160;</font></div><div style="line-height:120%;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in accordance with GAAP requires us to make estimates and assumptions that affect the amounts reported in the Consolidated Financial Statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>
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hiw Write Off Fully Amortized Deferred Financing And Leasing Costs
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hiw Write Off Fully Amortized Deferred Financing And Leasing Costs
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dei Amendment Flag
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dei Current Fiscal Year End Date
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dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
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2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
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CY2014Q3 dei Entity Common Stock Shares Outstanding
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dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
HIGHWOODS PROPERTIES INC.
dei Entity Voluntary Filers
EntityVoluntaryFilers
No
dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
Yes

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