2018 Q4 Form 10-Q Financial Statement

#000092108218000043 Filed on October 23, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $181.4M $179.4M $180.2M
YoY Change 3.14% -0.43% 8.37%
Cost Of Revenue $62.20M $61.20M $61.20M
YoY Change 4.71% 0.0% 4.44%
Gross Profit $119.2M $118.3M $119.0M
YoY Change 2.32% -0.59% 10.59%
Gross Profit Margin 65.72% 65.94% 66.04%
Selling, General & Admin $9.100M $9.600M $9.200M
YoY Change -8.08% 4.35% -7.07%
% of Gross Profit 7.63% 8.11% 7.73%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $58.10M $57.60M $56.90M
YoY Change -1.36% 1.23% 7.56%
% of Gross Profit 48.74% 48.69% 47.82%
Operating Expenses $67.20M $128.4M $128.9M
YoY Change -2.18% -0.41% 6.17%
Operating Profit $52.00M $118.3M $119.0M
YoY Change 8.79% -0.58% 10.5%
Interest Expense -$16.90M $17.44M $17.19M
YoY Change 1.2% 1.43% -7.41%
% of Operating Profit -32.5% 14.74% 14.45%
Other Income/Expense, Net $818.0K $558.0K
YoY Change 46.59% -33.01%
Pretax Income $55.40M $34.43M $34.65M
YoY Change -6.26% -0.63% 27.73%
Income Tax
% Of Pretax Income
Net Earnings $55.38M $35.01M $59.55M
YoY Change -6.26% -41.21% 75.97%
Net Earnings / Revenue 30.53% 19.51% 33.05%
Basic Earnings Per Share $0.51 $0.32 $0.55
Diluted Earnings Per Share $0.51 $0.32 $0.55
COMMON SHARES
Basic Shares Outstanding 103.5M shares 103.5M shares 103.2M shares
Diluted Shares Outstanding 106.3M shares 106.1M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.800M $5.300M $4.900M
YoY Change 15.15% 8.16% -23.44%
Cash & Equivalents $3.769M $5.324M $4.864M
Short-Term Investments
Other Short-Term Assets $27.70M $34.50M $30.10M
YoY Change -3.15% 14.62% 5.24%
Inventory $0.00 $0.00
Prepaid Expenses
Receivables $246.0M $242.3M $212.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $277.5M $282.1M $247.7M
YoY Change 2.59% 13.89% 7.88%
LONG-TERM ASSETS
Property, Plant & Equipment $4.166B $4.177B $4.032B
YoY Change 3.18% 3.58% 1.78%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $23.59M $23.37M $23.52M
YoY Change -1.31% -0.65% 25.81%
Other Assets $201.6M $200.8M $250.6M
YoY Change -29.44% -19.87% -2.38%
Total Long-Term Assets $4.398B $4.406B $4.313B
YoY Change 1.02% 2.17% 1.57%
TOTAL ASSETS
Total Short-Term Assets $277.5M $282.1M $247.7M
Total Long-Term Assets $4.398B $4.406B $4.313B
Total Assets $4.675B $4.688B $4.560B
YoY Change 1.11% 2.81% 1.89%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $189.7M $202.7M $193.1M
YoY Change -3.46% 4.97% -8.0%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $189.7M $202.7M $193.1M
YoY Change -3.46% 4.97% -8.0%
LONG-TERM LIABILITIES
Long-Term Debt $2.086B $2.087B $1.966B
YoY Change 3.55% 6.15% 3.43%
Other Long-Term Liabilities $29.20M $27.20M $34.50M
YoY Change -7.89% -21.16% -29.16%
Total Long-Term Liabilities $2.115B $2.115B $2.001B
YoY Change 3.37% 5.68% 2.62%
TOTAL LIABILITIES
Total Short-Term Liabilities $189.7M $202.7M $193.1M
Total Long-Term Liabilities $2.115B $2.115B $2.001B
Total Liabilities $2.305B $2.317B $2.194B
YoY Change 2.77% 5.62% 1.59%
SHAREHOLDERS EQUITY
Retained Earnings -$769.3M -$774.5M -$758.5M
YoY Change 2.94% 2.11% 16.52%
Common Stock $1.036M $1.035M $1.032M
YoY Change 0.29% 0.29% 2.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.247B $2.221B $2.201B
YoY Change
Total Liabilities & Shareholders Equity $4.675B $4.688B $4.560B
YoY Change 1.11% 2.81% 1.89%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $55.38M $35.01M $59.55M
YoY Change -6.26% -41.21% 75.97%
Depreciation, Depletion And Amortization $58.10M $57.60M $56.90M
YoY Change -1.36% 1.23% 7.56%
Cash From Operating Activities $65.60M $109.0M $98.10M
YoY Change -20.29% 11.11% 3.7%
INVESTING ACTIVITIES
Capital Expenditures -$67.80M -$89.90M -$59.60M
YoY Change -17.92% 50.84% -33.03%
Acquisitions
YoY Change
Other Investing Activities $52.00M $900.0K $66.90M
YoY Change 29.35% -98.65% -52.32%
Cash From Investing Activities -$15.80M -$89.10M $7.300M
YoY Change -62.74% -1320.55% -85.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -52.00M -17.60M -86.70M
YoY Change 1138.1% -79.7% -38.9%
NET CHANGE
Cash From Operating Activities 65.60M 109.0M 98.10M
Cash From Investing Activities -15.80M -89.10M 7.300M
Cash From Financing Activities -52.00M -17.60M -86.70M
Net Change In Cash -2.200M 2.300M 18.70M
YoY Change -106.16% -87.7% 367.5%
FREE CASH FLOW
Cash From Operating Activities $65.60M $109.0M $98.10M
Capital Expenditures -$67.80M -$89.90M -$59.60M
Free Cash Flow $133.4M $198.9M $157.7M
YoY Change -19.1% 26.13% -14.11%

Facts In Submission

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4773000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
1286000 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountNotOffsetAgainstCollateral
4773000 USD
CY2017Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-211000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-992000 USD
CY2018Q3 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
654000 USD
us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
1275000 USD
CY2017Q4 us-gaap Development In Process
DevelopmentInProcess
88452000 USD
CY2018Q3 us-gaap Development In Process
DevelopmentInProcess
166849000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
253000 USD
CY2018Q3 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
0 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
35000 USD
CY2018Q3 us-gaap Disposal Group Including Discontinued Operation Other Assets
DisposalGroupIncludingDiscontinuedOperationOtherAssets
0 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
135375000 USD
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
143435000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1869000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
1869000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.55
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.23
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.12
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.55
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.23
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.32
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.12
CY2018Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
5800000 USD
us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y4M25D
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
4815000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1943000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
23897000 USD
CY2018Q3 us-gaap Equity Method Investments
EquityMethodInvestments
23371000 USD
CY2017Q4 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
72000 USD
CY2018Q3 us-gaap Financing Receivable Allowance For Credit Losses
FinancingReceivableAllowanceForCreditLosses
52000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
143512000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
147588000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
344191000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
341384000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
200679000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
193796000 USD
CY2017Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
19849000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
25181000 USD
CY2018Q3 us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
3000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
16975000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
826000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
1231000 USD
us-gaap Payments Of Distributions To Affiliates
PaymentsOfDistributionsToAffiliates
950000 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9247000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29787000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9551000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30869000 USD
CY2017Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1445000 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
1445000 USD
CY2018Q3 us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
us-gaap Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
0 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
34653000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
100650000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
34433000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
103637000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
59549000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
132588000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
35009000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
122253000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
5047000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
6757000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
573000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
1641000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-916000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-4778000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
391000 USD
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
336000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-2735000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
1487000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
76000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
79000 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
58000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
39000 shares
CY2017Q3 us-gaap Interest Expense
InterestExpense
17191000 USD
us-gaap Interest Expense
InterestExpense
51208000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
17437000 USD
us-gaap Interest Expense
InterestExpense
53705000 USD
CY2017Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
16395000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
48763000 USD
CY2018Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
16719000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
51579000 USD
us-gaap Interest Paid Net
InterestPaidNet
50025000 USD
us-gaap Interest Paid Net
InterestPaidNet
56771000 USD
CY2018Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
2500000 USD
CY2017Q4 us-gaap Land
Land
485956000 USD
CY2018Q3 us-gaap Land
Land
493426000 USD
CY2017Q4 us-gaap Land Available For Development
LandAvailableForDevelopment
74765000 USD
CY2018Q3 us-gaap Land Available For Development
LandAvailableForDevelopment
125488000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
2242548000 USD
CY2018Q3 us-gaap Liabilities
Liabilities
2317333000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4623791000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4688411000 USD
CY2017Q4 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2018077000 USD
CY2018Q3 us-gaap Liabilities Fair Value Disclosure
LiabilitiesFairValueDisclosure
2051427000 USD
CY2017Q4 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2015689000 USD
CY2018Q3 us-gaap Loans Payable Fair Value Disclosure
LoansPayableFairValueDisclosure
2049292000 USD
CY2017Q4 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
6425000 USD
CY2018Q3 us-gaap Loans Receivable Fair Value Disclosure
LoansReceivableFairValueDisclosure
5659000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
17416000 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
17384000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-3297000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
9607000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1231000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
950000 USD
CY2018Q3 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.5
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-138272000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-78108000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-157945000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-290904000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
270211000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
292958000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
57040000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
126303000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33160000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
116295000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
58611000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
129805000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
34062000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
119466000 USD
CY2017Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
315000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
914000 USD
CY2018Q3 us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
324000 USD
us-gaap Noncontrolling Interest In Net Income Loss Limited Partnerships Nonredeemable
NoncontrollingInterestInNetIncomeLossLimitedPartnershipsNonredeemable
918000 USD
CY2017Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1571000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
3502000 USD
CY2018Q3 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
902000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
3171000 USD
CY2017Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
2014333000 USD
CY2018Q3 us-gaap Notes And Loans Payable
NotesAndLoansPayable
2087421000 USD
CY2017Q4 us-gaap Notes Receivable Net
NotesReceivableNet
6425000 USD
CY2018Q3 us-gaap Notes Receivable Net
NotesReceivableNet
5659000 USD
CY2017Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
61234000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
177484000 USD
CY2018Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
61153000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
180248000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
128899000 USD
us-gaap Operating Expenses
OperatingExpenses
377650000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
128365000 USD
us-gaap Operating Expenses
OperatingExpenses
383040000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
118951000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
349392000 USD
CY2018Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
118264000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
358399000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-347000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-31000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
2187000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
10926000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-136000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
961000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1533000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
9651000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-211000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-992000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
654000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1275000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-347000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
-31000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
2187000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax
10926000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-347000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-31000 USD
CY2018Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2187000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
10926000 USD
CY2017Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
558000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1806000 USD
CY2018Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
818000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1735000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
558000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
2632000 USD
CY2018Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
818000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1735000 USD
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
78691000 USD
us-gaap Payments For Leasing Costs Commissions And Tenant Improvements
PaymentsForLeasingCostsCommissionsAndTenantImprovements
89875000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5605000 USD
us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
4671000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
28000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
5000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
57000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
135375000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
143435000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3742000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3895000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1869000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1869000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3688000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2948000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1244000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
95000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3966000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1671000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
10063000 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
121367000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
130241000 USD
CY2017 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08625
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.08625
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
623000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1869000 USD
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
623000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1869000 USD
CY2017Q4 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2018Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
28892 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
28887 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
28892 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
28887 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
28892000 USD
CY2018Q3 us-gaap Preferred Stock Value
PreferredStockValue
28887000 USD
CY2017Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
28572000 USD
CY2018Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
34466000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
2435000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1137000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
11670000 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
ProceedsFromIssuanceOfCommonStock
75517000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
3242000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
456001000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
345863000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
492300000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
85538000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
35441000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
59549000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
336400000 USD
us-gaap Profit Loss
ProfitLoss
132588000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
35009000 USD
us-gaap Profit Loss
ProfitLoss
122253000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
435000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
791000 USD
CY2017Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
14118000 USD
CY2018Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1202424000 USD
CY2018Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1280910000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5239663000 USD
CY2018Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5457452000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4037239000 USD
CY2018Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4176542000 USD
CY2017Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-211000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-992000 USD
CY2018Q3 us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
654000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1275000 USD
CY2017Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
144009000 USD
CY2018Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
132447000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
420300000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
397400000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
507114000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
211345000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
47761000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
85061000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6955000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-747344000 USD
CY2018Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-774484000 USD
CY2017Q3 us-gaap Share Based Compensation
ShareBasedCompensation
900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5764000 USD
CY2018Q3 us-gaap Share Based Compensation
ShareBasedCompensation
1100000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6609000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
408000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
1231000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
70307000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1476000 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
28000 USD
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
5000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
2219818000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
2221247000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2154316000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2219042000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2237234000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2238631000 USD
us-gaap Straight Line Rent
StraightLineRent
24473000 USD
us-gaap Straight Line Rent
StraightLineRent
17945000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
-31000 USD
us-gaap Unrealized Gain Loss On Interest Rate Cash Flow Hedges Pretax Accumulated Other Comprehensive Income Loss
UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
10926000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106145000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
105402000 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106333000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
106256000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103237000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
102489000 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103471000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
103408000 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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