2018 Q2 Form 10-Q Financial Statement

#000092108218000038 Filed on July 24, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $178.8M $177.3M
YoY Change 0.85% 6.25%
Cost Of Revenue $59.70M $58.90M
YoY Change 1.36% 2.43%
Gross Profit $119.1M $118.4M
YoY Change 0.59% 8.33%
Gross Profit Margin 66.61% 66.79%
Selling, General & Admin $9.500M $9.100M
YoY Change 4.4% 9.64%
% of Gross Profit 7.98% 7.69%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $56.70M $55.90M
YoY Change 1.43% 1.08%
% of Gross Profit 47.61% 47.21%
Operating Expenses $125.9M $123.7M
YoY Change 1.76% 2.11%
Operating Profit $119.1M $118.4M
YoY Change 0.59% 8.31%
Interest Expense $17.88M $16.15M
YoY Change 10.67% -17.1%
% of Operating Profit 15.01% 13.64%
Other Income/Expense, Net $462.0K $1.390M
YoY Change -66.76% 160.3%
Pretax Income $35.48M $38.80M
YoY Change -8.55% 45.04%
Income Tax
% Of Pretax Income
Net Earnings $53.00M $39.55M
YoY Change 33.99% 17.97%
Net Earnings / Revenue 29.64% 22.31%
Basic Earnings Per Share $0.49 $0.37
Diluted Earnings Per Share $0.49 $0.37
COMMON SHARES
Basic Shares Outstanding 103.4M shares 102.5M shares
Diluted Shares Outstanding 106.3M shares 105.4M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.200M $13.30M
YoY Change -68.42% 454.17%
Cash & Equivalents $4.232M $13.35M
Short-Term Investments
Other Short-Term Assets $34.90M $34.90M
YoY Change 0.0% -12.75%
Inventory $0.00 $54.50M
Prepaid Expenses
Receivables $232.5M $201.3M
Other Receivables $0.00 $0.00
Total Short-Term Assets $271.6M $304.0M
YoY Change -10.66% 29.91%
LONG-TERM ASSETS
Property, Plant & Equipment $4.149B $4.009B
YoY Change 3.5% 4.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $23.21M $15.24M
YoY Change 52.28% -22.96%
Other Assets $200.8M $225.9M
YoY Change -11.11% -53.15%
Total Long-Term Assets $4.381B $4.256B
YoY Change 2.93% -1.71%
TOTAL ASSETS
Total Short-Term Assets $271.6M $304.0M
Total Long-Term Assets $4.381B $4.256B
Total Assets $4.653B $4.560B
YoY Change 2.03% -0.08%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $186.7M $165.0M
YoY Change 13.15% -12.97%
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 $186.7M $165.0M
YoY Change 13.15% -12.97%
LONG-TERM LIABILITIES
Long-Term Debt $2.055B $2.005B
YoY Change 2.49% -3.71%
Other Long-Term Liabilities $28.70M $37.10M
YoY Change -22.64% -29.2%
Total Long-Term Liabilities $2.084B $2.042B
YoY Change 2.04% -4.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $186.7M $165.0M
Total Long-Term Liabilities $2.084B $2.042B
Total Liabilities $2.270B $2.207B
YoY Change 2.87% -5.04%
SHAREHOLDERS EQUITY
Retained Earnings -$759.8M -$770.1M
YoY Change -1.34% 20.15%
Common Stock $1.035M $1.032M
YoY Change 0.29% 4.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.223B $2.192B
YoY Change
Total Liabilities & Shareholders Equity $4.653B $4.560B
YoY Change 2.03% -0.08%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $53.00M $39.55M
YoY Change 33.99% 17.97%
Depreciation, Depletion And Amortization $56.70M $55.90M
YoY Change 1.43% 1.08%
Cash From Operating Activities $105.5M $103.2M
YoY Change 2.23% 15.18%
INVESTING ACTIVITIES
Capital Expenditures -$87.60M -$81.00M
YoY Change 8.15% 6.44%
Acquisitions
YoY Change
Other Investing Activities $31.30M -$500.0K
YoY Change -6360.0% -87.18%
Cash From Investing Activities -$56.20M -$81.60M
YoY Change -31.13% 2.0%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -107.1M -21.80M
YoY Change 391.28% 109.62%
NET CHANGE
Cash From Operating Activities 105.5M 103.2M
Cash From Investing Activities -56.20M -81.60M
Cash From Financing Activities -107.1M -21.80M
Net Change In Cash -57.80M -200.0K
YoY Change 28800.0% -75.0%
FREE CASH FLOW
Cash From Operating Activities $105.5M $103.2M
Capital Expenditures -$87.60M -$81.00M
Free Cash Flow $193.1M $184.2M
YoY Change 4.83% 11.16%

Facts In Submission

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us-gaap Dividends Common Stock Cash
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95579000 USD
us-gaap Dividends Preferred Stock Cash
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1246000 USD
us-gaap Dividends Preferred Stock Cash
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1246000 USD
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0.37
us-gaap Earnings Per Share Basic
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0.68
CY2018Q2 us-gaap Earnings Per Share Basic
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0.49
us-gaap Earnings Per Share Basic
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0.80
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0.37
us-gaap Earnings Per Share Diluted
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0.68
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.80
CY2018Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
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us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
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P2Y6M
us-gaap Equity Method Investment Dividends Or Distributions
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2907000 USD
us-gaap Equity Method Investment Dividends Or Distributions
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1706000 USD
CY2017Q4 us-gaap Equity Method Investments
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23897000 USD
CY2018Q2 us-gaap Equity Method Investments
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23212000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
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72000 USD
CY2018Q2 us-gaap Financing Receivable Allowance For Credit Losses
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61000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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143512000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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144555000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
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344191000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
339623000 USD
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200679000 USD
CY2018Q2 us-gaap Finite Lived Intangible Assets Net
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195068000 USD
CY2017Q2 us-gaap Gain Loss On Disposition Of Assets
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0 USD
us-gaap Gain Loss On Disposition Of Assets
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5332000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
16972000 USD
us-gaap Gain Loss On Disposition Of Assets
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16972000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
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826000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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826000 USD
CY2018Q2 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2017Q2 us-gaap General And Administrative Expense
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9050000 USD
us-gaap General And Administrative Expense
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20540000 USD
CY2018Q2 us-gaap General And Administrative Expense
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9540000 USD
us-gaap General And Administrative Expense
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21318000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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38799000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
65997000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
35480000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
69204000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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39554000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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73039000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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52998000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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87244000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
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755000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1710000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
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546000 USD
us-gaap Income Loss From Equity Method Investments
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1068000 USD
us-gaap Increase Decrease In Accounts Receivable
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-4358000 USD
us-gaap Increase Decrease In Accounts Receivable
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us-gaap Increase Decrease In Accrued Interest Receivable Net
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274000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
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225000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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1455000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
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5232000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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77000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
81000 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
32000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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29000 shares
CY2017Q2 us-gaap Interest Expense
InterestExpense
16154000 USD
us-gaap Interest Expense
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34017000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
17877000 USD
us-gaap Interest Expense
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36268000 USD
CY2017Q2 us-gaap Interest Expense Debt
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15345000 USD
us-gaap Interest Expense Debt
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32368000 USD
CY2018Q2 us-gaap Interest Expense Debt
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17155000 USD
us-gaap Interest Expense Debt
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34860000 USD
us-gaap Interest Paid Net
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34930000 USD
us-gaap Interest Paid Net
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33273000 USD
CY2017Q4 us-gaap Land
Land
485956000 USD
CY2018Q2 us-gaap Land
Land
485086000 USD
CY2017Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
74765000 USD
CY2018Q2 us-gaap Land Available For Development
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124558000 USD
CY2017Q4 us-gaap Liabilities
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2242548000 USD
CY2018Q2 us-gaap Liabilities
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2270455000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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4623791000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
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4652971000 USD
CY2017Q4 us-gaap Liabilities Fair Value Disclosure
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2018077000 USD
CY2018Q2 us-gaap Liabilities Fair Value Disclosure
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2026616000 USD
CY2017Q4 us-gaap Loans Payable Fair Value Disclosure
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2015689000 USD
CY2018Q2 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2024245000 USD
CY2017Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
6425000 USD
CY2018Q2 us-gaap Loans Receivable Fair Value Disclosure
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5927000 USD
CY2017Q4 us-gaap Minority Interest
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17416000 USD
CY2018Q2 us-gaap Minority Interest
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17467000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
287000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
272000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
858000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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543000 USD
CY2018Q2 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
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0.5
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Operating Activities
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172115000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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183958000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
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37589000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
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69263000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
50686000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
83135000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
38632000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
71194000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
52067000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
85404000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
299000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
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599000 USD
CY2018Q2 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
308000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
594000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1043000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1931000 USD
CY2018Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1381000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
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2269000 USD
CY2017Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
2014333000 USD
CY2018Q2 us-gaap Notes And Loans Payable
NotesAndLoansPayable
2055004000 USD
CY2017Q4 us-gaap Notes Receivable Net
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6425000 USD
CY2018Q2 us-gaap Notes Receivable Net
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5927000 USD
CY2017Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
58854000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
116250000 USD
CY2018Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
59663000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
119095000 USD
CY2017Q2 us-gaap Operating Expenses
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123720000 USD
us-gaap Operating Expenses
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248751000 USD
CY2018Q2 us-gaap Operating Expenses
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125897000 USD
us-gaap Operating Expenses
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254675000 USD
CY2017Q2 us-gaap Operating Income Loss
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118429000 USD
us-gaap Operating Income Loss
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230441000 USD
CY2018Q2 us-gaap Operating Income Loss
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119129000 USD
us-gaap Operating Income Loss
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240135000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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316000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
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161000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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1097000 USD
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347000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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-781000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
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515000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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-136000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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316000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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862000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
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8739000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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316000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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862000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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8739000 USD
CY2017Q2 us-gaap Other Nonoperating Income
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564000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1248000 USD
CY2018Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
462000 USD
us-gaap Other Nonoperating Income
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917000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1390000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2074000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
462000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
917000 USD
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
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54119000 USD
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
61990000 USD
us-gaap Payments For Proceeds From Other Investing Activities
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4033000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
3147000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
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15000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
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5000 USD
us-gaap Payments Of Debt Extinguishment Costs
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57000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Distributions To Affiliates
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858000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
543000 USD
us-gaap Payments Of Dividends Common Stock
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89952000 USD
us-gaap Payments Of Dividends Common Stock
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95579000 USD
us-gaap Payments Of Dividends Minority Interest
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2495000 USD
us-gaap Payments Of Dividends Minority Interest
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2599000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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1246000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
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1246000 USD
us-gaap Payments Of Financing Costs
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3688000 USD
us-gaap Payments Of Financing Costs
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2948000 USD
us-gaap Payments Of Stock Issuance Costs
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1199000 USD
us-gaap Payments Of Stock Issuance Costs
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28000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3955000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1609000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
172000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
50649000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
97096000 USD
us-gaap Payments To Develop Real Estate Assets
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85717000 USD
CY2017 us-gaap Preferred Stock Dividend Rate Percentage
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0.08625
us-gaap Preferred Stock Dividend Rate Percentage
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0.08625
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
623000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1246000 USD
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
623000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1246000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference
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1000
CY2018Q2 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.01
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
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50000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
28892 shares
CY2018Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
28887 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
28892 shares
CY2018Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
28887 shares
CY2017Q4 us-gaap Preferred Stock Value
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28892000 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
28887000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
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28572000 USD
CY2018Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
37729000 USD
us-gaap Proceeds From Collection Of Notes Receivable
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2357000 USD
us-gaap Proceeds From Collection Of Notes Receivable
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758000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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7445000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
105000 USD
us-gaap Proceeds From Issuance Of Common Stock
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74987000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2052000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
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456001000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
345863000 USD
us-gaap Proceeds From Lines Of Credit
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425300000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
257400000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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11532000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
33453000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
39554000 USD
us-gaap Profit Loss
ProfitLoss
73039000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
52998000 USD
us-gaap Profit Loss
ProfitLoss
87244000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
110000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
192000 USD
CY2017Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
14118000 USD
CY2018Q2 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1202424000 USD
CY2018Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1248643000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5239663000 USD
CY2018Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5397300000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
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4037239000 USD
CY2018Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4148657000 USD
CY2017Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-297000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
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-781000 USD
CY2018Q2 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
515000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
621000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
144009000 USD
CY2018Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
142323000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
314300000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
360400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
506679000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
200892000 USD
CY2017Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
20612000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
85061000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
5686000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-747344000 USD
CY2018Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-759788000 USD
CY2017Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1055000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4837000 USD
CY2018Q2 us-gaap Share Based Compensation
ShareBasedCompensation
1172000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5468000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
305000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1084000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
69833000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
415000 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
15000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
5000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2219818000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
2222726000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2154316000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2209712000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2237234000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2240193000 USD
us-gaap Straight Line Rent
StraightLineRent
15228000 USD
us-gaap Straight Line Rent
StraightLineRent
12707000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
316000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
8739000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105386000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105026000 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106267000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106216000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102475000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102109000 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103428000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103376000 shares
us-gaap Use Of Estimates
UseOfEstimates
<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:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></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 our Consolidated Financial Statements and accompanying notes. Actual results could differ from those estimates.</font></div></div>

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