2017 Q4 Form 10-Q Financial Statement
#000136060417000093 Filed on October 25, 2017
Income Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
Revenue | $107.8M | $176.0M | $118.3M |
YoY Change | 2.37% | 48.72% | 13.85% |
Cost Of Revenue | $40.60M | $40.60M | $37.50M |
YoY Change | 8.85% | 8.27% | 6.53% |
Gross Profit | $67.20M | $66.40M | $66.20M |
YoY Change | -1.18% | 0.3% | 7.64% |
Gross Profit Margin | 62.34% | 37.73% | 55.94% |
Selling, General & Admin | $8.300M | $8.000M | $8.700M |
YoY Change | -4.6% | -8.05% | 40.32% |
% of Gross Profit | 12.35% | 12.05% | 13.14% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | $37.40M | $33.60M | $32.80M |
YoY Change | 18.35% | 2.44% | 10.44% |
% of Gross Profit | 55.65% | 50.6% | 49.55% |
Operating Expenses | $45.60M | $43.90M | $40.70M |
YoY Change | 6.79% | 7.86% | 15.3% |
Operating Profit | $21.60M | $40.63M | $25.18M |
YoY Change | -14.62% | 61.38% | 8.68% |
Interest Expense | -$13.40M | -$13.80M | -$13.60M |
YoY Change | -2.9% | 1.47% | -9.33% |
% of Operating Profit | -62.04% | -33.97% | -54.02% |
Other Income/Expense, Net | $0.00 | -$27.00K | $95.00K |
YoY Change | -100.0% | -128.42% | 31.94% |
Pretax Income | -$37.20M | $3.200M | $11.90M |
YoY Change | -170.72% | -73.11% | -29.17% |
Income Tax | |||
% Of Pretax Income | |||
Net Earnings | -$37.20M | $13.76M | $6.427M |
YoY Change | -170.99% | 114.14% | -0.56% |
Net Earnings / Revenue | -34.51% | 7.82% | 5.43% |
Basic Earnings Per Share | $0.07 | $0.05 | |
Diluted Earnings Per Share | -$301.9K | $0.07 | $0.04 |
COMMON SHARES | |||
Basic Shares Outstanding | 204.9M shares | 200.7M shares | 138.8M shares |
Diluted Shares Outstanding | 204.8M shares | 143.1M shares |
Balance Sheet
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $6.200M | $197.0M | $12.60M |
YoY Change | 14.81% | 1463.49% | 48.24% |
Cash & Equivalents | $100.4M | $9.410M | $17.94M |
Short-Term Investments | |||
Other Short-Term Assets | $58.00M | $65.00M | $44.00M |
YoY Change | -10.49% | 47.73% | 18.92% |
Inventory | |||
Prepaid Expenses | |||
Receivables | $20.00M | $14.00M | $9.000M |
Other Receivables | $95.00M | $94.00M | $84.00M |
Total Short-Term Assets | $6.200M | $197.0M | $12.60M |
YoY Change | -95.66% | 1463.49% | 48.24% |
LONG-TERM ASSETS | |||
Property, Plant & Equipment | $2.941B | $2.739B | $2.767B |
YoY Change | 5.52% | -1.01% | 9.2% |
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $68.58M | $68.30M | |
YoY Change | |||
Other Assets | $33.10M | $8.800M | $14.70M |
YoY Change | -36.59% | -40.14% | 129.69% |
Total Long-Term Assets | $6.443B | $6.217B | $3.703B |
YoY Change | 78.73% | 67.86% | 16.78% |
TOTAL ASSETS | |||
Total Short-Term Assets | $6.200M | $197.0M | $12.60M |
Total Long-Term Assets | $6.443B | $6.217B | $3.703B |
Total Assets | $6.450B | $6.414B | $3.716B |
YoY Change | 72.09% | 72.6% | 16.87% |
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $71.00M | $69.90M | $71.10M |
YoY Change | -9.32% | -1.69% | 8.05% |
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 | $71.00M | $69.90M | $71.10M |
YoY Change | -9.32% | -1.69% | 8.05% |
LONG-TERM LIABILITIES | |||
Long-Term Debt | $1.284B | $1.166B | $1.239B |
YoY Change | 1.54% | -5.89% | -10.29% |
Other Long-Term Liabilities | $48.80M | $45.50M | $47.00M |
YoY Change | 9.42% | -3.19% | -28.68% |
Total Long-Term Liabilities | $1.333B | $1.212B | $1.286B |
YoY Change | 1.81% | -5.79% | -11.13% |
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $71.00M | $69.90M | $71.10M |
Total Long-Term Liabilities | $1.333B | $1.212B | $1.286B |
Total Liabilities | $3.079B | $3.149B | $1.903B |
YoY Change | 56.89% | 65.41% | 9.3% |
SHAREHOLDERS EQUITY | |||
Retained Earnings | |||
YoY Change | |||
Common Stock | $4.511B | $4.388B | $2.755B |
YoY Change | 63.65% | 59.28% | 18.24% |
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $3.279B | $3.176B | $1.712B |
YoY Change | |||
Total Liabilities & Shareholders Equity | $6.450B | $6.414B | $3.716B |
YoY Change | 72.09% | 72.6% | 16.87% |
Cashflow Statement
Concept | 2017 Q4 | 2017 Q3 | 2016 Q3 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | -$37.20M | $13.76M | $6.427M |
YoY Change | -170.99% | 114.14% | -0.56% |
Depreciation, Depletion And Amortization | $37.40M | $33.60M | $32.80M |
YoY Change | 18.35% | 2.44% | 10.44% |
Cash From Operating Activities | $50.40M | $45.40M | $42.90M |
YoY Change | 3.07% | 5.83% | -5.71% |
INVESTING ACTIVITIES | |||
Capital Expenditures | -$230.1M | -$35.30M | -$120.0M |
YoY Change | 174.26% | -70.58% | 222.58% |
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$11.90M | $800.0K | -$9.500M |
YoY Change | -113.66% | -108.42% | -125.13% |
Cash From Investing Activities | -$241.8M | -$34.70M | -$129.6M |
YoY Change | -7656.25% | -73.23% | -21700.0% |
FINANCING ACTIVITIES | |||
Cash Dividend Paid | |||
YoY Change | |||
Common Stock Issuance & Retirement, Net | |||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 700.0K | 175.1M | 90.20M |
YoY Change | -106.93% | 94.12% | -295.66% |
NET CHANGE | |||
Cash From Operating Activities | 50.40M | 45.40M | 42.90M |
Cash From Investing Activities | -241.8M | -34.70M | -129.6M |
Cash From Financing Activities | 700.0K | 175.1M | 90.20M |
Net Change In Cash | -190.7M | 185.8M | 3.500M |
YoY Change | -554.05% | 5208.57% | -36664354965853680.0% |
FREE CASH FLOW | |||
Cash From Operating Activities | $50.40M | $45.40M | $42.90M |
Capital Expenditures | -$230.1M | -$35.30M | -$120.0M |
Free Cash Flow | $280.5M | $80.70M | $162.9M |
YoY Change | 111.22% | -50.46% | 96.98% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Amendment Flag
AmendmentFlag
|
false | ||
dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | ||
dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-09-30 | ||
dei |
Document Type
DocumentType
|
10-Q | ||
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Entity Central Index Key
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Earnings Per Share Diluted
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0.12 | ||
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|
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|
0.19 | ||
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Noncash Or Part Noncash Acquisition Notes Receivable Retired
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|
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Number Of Properties Sold
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|
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Percentage Of Gross Leasable Area Located In Top75 Metropolitan Statistical Areas
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|
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Percentage Of Gross Leasable Area Oncampus Aligned
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|
0.96 | ||
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|
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Receivables And Other Assets Net
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|
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Receivables And Other Assets Net
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|
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Security Deposit Liability Advance Rentand Other Liabilities
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Security Deposit Liability Advance Rentand Other Liabilities
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Stock Issued During Period Value New Issues Including Partners Capital
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Accounts Payable And Accrued Liabilities Current And Noncurrent
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|
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Accounts Receivable Net
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Accumulated Distributions In Excess Of Net Income
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|
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Accumulated Other Comprehensive Income Loss Net Of Tax
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|
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|
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|
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us-gaap |
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P9Y1M6D | ||
us-gaap |
Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
|
P20Y7M20D | ||
CY2016Q4 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
2754818000 | USD |
CY2017Q3 | us-gaap |
Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
|
4386224000 | USD |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5136000 | USD | |
us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
5493000 | USD | |
CY2016Q3 | us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
1224000 | USD |
us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
3368000 | USD | |
CY2017Q3 | us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
1445000 | USD |
us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
4179000 | USD | |
CY2016Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
331000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
994000 | USD | |
CY2017Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
398000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
1061000 | USD | |
CY2016Q4 | us-gaap |
Assets
Assets
|
3747844000 | USD |
CY2017Q3 | us-gaap |
Assets
Assets
|
6413522000 | USD |
CY2016Q4 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
8191000 | USD |
CY2017Q3 | us-gaap |
Assets Fair Value Disclosure Nonrecurring
AssetsFairValueDisclosureNonrecurring
|
1423000 | USD |
CY2017Q3 | us-gaap |
Assets Needed For Immediate Settlement Aggregate Fair Value
AssetsNeededForImmediateSettlementAggregateFairValue
|
1500000 | USD |
CY2016Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Buildings
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildings
|
505138000 | USD |
CY2016Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Financial Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedFinancialLiabilities
|
779000 | USD |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.12 | ||
CY2016Q3 | us-gaap |
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
|
629426000 | USD |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
2868000 | USD | |
us-gaap |
Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
|
4185000 | USD | |
CY2015Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
13070000 | USD |
CY2016Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
17938000 | USD |
CY2016Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
11231000 | USD |
CY2017Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
9410000 | USD |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
4868000 | USD | |
us-gaap |
Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-1821000 | USD | |
us-gaap |
Cash Flow Hedge Gain Loss To Be Reclassified Within Twelve Months
CashFlowHedgeGainLossToBeReclassifiedWithinTwelveMonths
|
400000 | USD | |
CY2016Q4 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2017Q3 | us-gaap |
Commitments And Contingencies
CommitmentsAndContingencies
|
USD | |
CY2016Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.300 | |
CY2017Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.305 | |
us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.905 | ||
CY2016Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
1417000 | USD |
CY2017Q3 | us-gaap |
Common Stock Value
CommonStockValue
|
2007000 | USD |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
6428000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
29389000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
13992000 | USD |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
20855000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
211000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
802000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
170000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
619000 | USD | |
CY2016Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
6639000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
30191000 | USD | |
CY2017Q3 | us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
14162000 | USD |
us-gaap |
Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
21474000 | USD | |
CY2016Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
93164000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
261605000 | USD | |
CY2017Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
135366000 | USD |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
347663000 | USD | |
CY2016Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
1781466000 | USD |
CY2017Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
2879022000 | USD |
CY2016Q4 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
3034000 | USD |
CY2017Q3 | us-gaap |
Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
|
5712000 | USD |
CY2016Q4 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
20811000 | USD |
CY2017Q3 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
23794000 | USD |
CY2016Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
9527000 | USD |
CY2017Q3 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
16552000 | USD |
CY2016Q4 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
74052000 | USD |
CY2017Q3 | us-gaap |
Deferred Rent Receivables Net
DeferredRentReceivablesNet
|
83133000 | USD |
CY2016Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
47864000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
130430000 | USD | |
CY2017Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
70491000 | USD |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
172900000 | USD | |
CY2016Q4 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Asset Fair Value Gross Liability
DerivativeAssetFairValueGrossLiability
|
0 | USD |
CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
541000 | USD |
CY2017Q3 | us-gaap |
Derivative Assets
DerivativeAssets
|
952000 | USD |
CY2016Q4 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Collateral Obligation To Return Cash
DerivativeCollateralObligationToReturnCash
|
0 | USD |
CY2016Q4 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Collateral Obligation To Return Securities
DerivativeCollateralObligationToReturnSecurities
|
0 | USD |
CY2016Q4 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
|
0 | USD |
CY2016Q4 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
|
0 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
541000 | USD |
CY2017Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
952000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
541000 | USD |
CY2017Q3 | us-gaap |
Derivative Fair Value Of Derivative Asset Amount Offset Against Collateral
DerivativeFairValueOfDerivativeAssetAmountOffsetAgainstCollateral
|
952000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1920000 | USD |
CY2017Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
1441000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
1920000 | USD |
CY2017Q3 | us-gaap |
Derivative Fair Value Of Derivative Liability Amount Not Offset Against Collateral
DerivativeFairValueOfDerivativeLiabilityAmountNotOffsetAgainstCollateral
|
1441000 | USD |
CY2016Q4 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1920000 | USD |
CY2017Q3 | us-gaap |
Derivative Liabilities
DerivativeLiabilities
|
1441000 | USD |
CY2016Q4 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
|
0 | USD |
CY2017Q3 | us-gaap |
Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
|
1500000 | USD |
CY2016Q4 | us-gaap |
Development In Process
DevelopmentInProcess
|
0 | USD |
CY2017Q3 | us-gaap |
Development In Process
DevelopmentInProcess
|
59573000 | USD |
CY2016Q3 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
36885000 | USD |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
105299000 | USD | |
CY2017Q3 | us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
56331000 | USD |
us-gaap |
Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
138874000 | USD | |
us-gaap |
Dividends
Dividends
|
124820000 | USD | |
us-gaap |
Dividends
Dividends
|
168416000 | USD | |
CY2016Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
43530000 | USD |
CY2017Q3 | us-gaap |
Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
|
62494000 | USD |
CY2016Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.05 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.22 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.07 | |
CY2016Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.04 | |
us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.21 | ||
CY2017Q3 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.07 | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
934000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
997000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3598000 | USD | |
CY2017Q3 | us-gaap |
Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
|
0.50 | |
CY2016Q4 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
0 | USD |
CY2017Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
68303000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
256305000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
299398000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
534108000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
|
780677000 | USD |
CY2016Q4 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
277803000 | USD |
CY2017Q3 | us-gaap |
Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
|
481279000 | USD |
CY2016 | us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P16Y1M6D | |
us-gaap |
Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
|
P19Y2M12D | ||
CY2017Q3 | us-gaap |
Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
|
4000 | USD |
us-gaap |
Gain Loss On Cash Flow Hedge Ineffectiveness Net
GainLossOnCashFlowHedgeIneffectivenessNet
|
31000 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
1306000 | USD |
us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
-2144000 | USD | |
CY2017Q3 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
0 | USD |
CY2017Q3 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
0 | USD |
us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
884000 | USD | |
CY2016Q3 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
0 | USD |
us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
4212000 | USD | |
CY2017Q3 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
0 | USD |
us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
3000 | USD | |
CY2016Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3000000 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-3022000 | USD | |
CY2017Q3 | us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-774000 | USD |
us-gaap |
Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
|
-11192000 | USD | |
CY2016Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7293000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
20879000 | USD | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
8283000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
25178000 | USD | |
us-gaap |
Impairment Of Long Lived Assets Held For Use
ImpairmentOfLongLivedAssetsHeldForUse
|
5100000 | USD | |
CY2016Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD | |
CY2017Q3 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
5100000 | USD | |
us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
5093000 | USD | |
CY2016Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
0 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
318000 | USD |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
381000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
29566000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
14051000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable And Other Operating Assets
IncreaseDecreaseInAccountsReceivableAndOtherOperatingAssets
|
20489000 | USD | |
CY2016Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
16386000 | USD |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
44503000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
25924000 | USD |
us-gaap |
Interest Expense Debt
InterestExpenseDebt
|
59688000 | USD | |
CY2016Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
88000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
243000 | USD | |
CY2017Q3 | us-gaap |
Interest Income Operating
InterestIncomeOperating
|
563000 | USD |
us-gaap |
Interest Income Operating
InterestIncomeOperating
|
1271000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
39321000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
51066000 | USD | |
CY2016Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
3466516000 | USD |
CY2017Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
5788837000 | USD |
CY2016Q4 | us-gaap |
Land
Land
|
386526000 | USD |
CY2017Q3 | us-gaap |
Land
Land
|
480850000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
1962774000 | USD |
CY2017Q3 | us-gaap |
Liabilities
Liabilities
|
3148523000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3747844000 | USD |
CY2017Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
6413522000 | USD |
us-gaap |
Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
|
0.980 | ||
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1768900000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1768905000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2856758000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
2856800000 | USD |
CY2016Q4 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
1784000000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Fair Value
LongTermDebtFairValue
|
2913300000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
|
2222264000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
303933000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
144892000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
105940000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
100827000 | USD |
CY2017Q3 | us-gaap |
Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
|
1166000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
93143000 | USD |
CY2017Q3 | us-gaap |
Minority Interest
MinorityInterest
|
84742000 | USD |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
397691000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
2257108000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-541080000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-2487471000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
148257000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
228542000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
6427000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
29361000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss
NetIncomeLoss
|
13763000 | USD |
us-gaap |
Net Income Loss
NetIncomeLoss
|
21390000 | USD | |
CY2016Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
212000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
830000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
194000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
715000 | USD | |
us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
0 | USD | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
0 | USD | |
us-gaap |
Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
|
10391000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
116655000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
145877000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
-631000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD |
us-gaap |
Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
|
22025000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
21156000 | USD | |
us-gaap |
Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
|
286000000 | USD | |
CY2016Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
95000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
220000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-27000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-13000 | USD | |
CY2017Q3 | us-gaap |
Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
|
33 | States |
CY2016Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
25176000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
77284000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
40628000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
92557000 | USD | |
CY2016Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
118252000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
338646000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
175431000 | USD |
us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
438949000 | USD | |
CY2016Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
0 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
|
205000 | USD |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
205000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
-631000 | USD | |
CY2016Q4 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
467571000 | USD |
CY2017Q3 | us-gaap |
Other Finite Lived Intangible Assets Gross
OtherFiniteLivedIntangibleAssetsGross
|
648591000 | USD |
CY2016Q4 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
46318000 | USD |
CY2017Q3 | us-gaap |
Other Intangible Assets Net
OtherIntangibleAssetsNet
|
108025000 | USD |
CY2016Q4 | us-gaap |
Other Receivables
OtherReceivables
|
9233000 | USD |
CY2017Q3 | us-gaap |
Other Receivables
OtherReceivables
|
10161000 | USD |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
2425000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
3413000 | USD | |
us-gaap |
Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
|
491000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
2724000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
4019000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
3039000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
16902000 | USD | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
0 | USD | |
us-gaap |
Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
|
68839000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
34064000 | USD | |
us-gaap |
Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
|
42990000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
532527000 | USD | |
us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
2357570000 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
0 | USD | |
us-gaap |
Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
|
19163000 | USD | |
CY2016Q4 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q3 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2016Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
200000000 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
200000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q3 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2017Q3 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
55904000 | USD |
CY2017Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
65383000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
418891000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
1624222000 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
347725000 | USD | |
us-gaap |
Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
|
900000000 | USD | |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
200000000 | USD | |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
0 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
513000000 | USD | |
us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
515000000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
23368000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
4746000 | USD | |
CY2016Q3 | us-gaap |
Profit Loss
ProfitLoss
|
6639000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
30191000 | USD | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
13957000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
22105000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
508000 | USD | |
us-gaap |
Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
|
635000 | USD | |
CY2016Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
817593000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
973566000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
4320613000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
6977851000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
3503020000 | USD |
CY2017Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
6004285000 | USD |
CY2016Q4 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
4653000 | USD |
CY2017Q3 | us-gaap |
Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
|
4692000 | USD |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
704000000 | USD | |
us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
528000000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
98453000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
75444000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
155000000 | USD | |
us-gaap |
Repayments Of Unsecured Debt
RepaymentsOfUnsecuredDebt
|
0 | USD | |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
13814000 | USD |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
17469000 | USD |
CY2016Q3 | us-gaap |
Revenues
Revenues
|
118340000 | USD |
us-gaap |
Revenues
Revenues
|
338889000 | USD | |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
175994000 | USD |
us-gaap |
Revenues
Revenues
|
440220000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5136000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
5493000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
71754000 | USD | |
us-gaap |
Stock Issued1
StockIssued1
|
610000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
417163000 | USD | |
us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1624222000 | USD | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
2425000 | USD | |
us-gaap |
Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
|
3413000 | USD | |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1687274000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3175565000 | USD |
CY2015Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1406958000 | USD |
CY2016Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1803253000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1780417000 | USD |
CY2017Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
3260307000 | USD |
CY2016Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
143138000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
138314000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
204795000 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
177410000 | shares | |
CY2016Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
138807000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
134905000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
200674000 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
173189000 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:13px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Organization and Description of Business </font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">HTA, a Maryland corporation, and </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">, a Delaware limited partnership, were incorporated or formed, as applicable, on </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">April 20, 2006</font><font style="font-family:inherit;font-size:10pt;">. HTA operates as a REIT and is the general partner of </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">, which is the operating partnership. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;text-decoration:none;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, HTA owned a </font><font style="font-family:inherit;font-size:10pt;">98.0%</font><font style="font-family:inherit;font-size:10pt;"> partnership interest and other limited partners, including some of our directors, executive officers and their affiliates, owned the remaining partnership interest (including the LTIP Units) in </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">. As the sole general partner of </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">, HTA has the full, exclusive and complete responsibility for </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">’s day-to-day management and control. HTA operates in an umbrella partnership REIT structure in which </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;"> and its subsidiaries hold substantially all of the assets. HTA’s only material asset is its ownership of partnership interests of </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">. As a result, HTA does not conduct business itself, other than acting as the sole general partner of </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">, issuing public equity from time to time and guaranteeing certain debts of </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;">. </font><font style="font-family:inherit;font-size:10pt;">HTALP</font><font style="font-family:inherit;font-size:10pt;"> conducts the operations of the business and issues publicly-traded debt, but has no publicly-traded equity. </font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:29px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">HTA is the largest publicly-traded REIT focused on medical office buildings (“MOBs”) in the U.S. as measured by the gross leasable area (“GLA”) of our MOBs. HTA conducts substantially all of its operations through HTALP. We invest in MOBs that we believe will serve the future of healthcare delivery, and MOBs that are primarily located on health system campuses, near university medical centers, or in core community outpatient locations. We also focus on our key markets that have certain demographic and macro-economic trends and where we can utilize our institutional property management and leasing platform to generate strong tenant relationships and operating cost efficiencies. Our primary objective is to maximize stockholder value with disciplined growth through strategic investments that provide an attractive risk-adjusted return for our stockholders by consistently increasing our cash flow. In pursuing this objective, we: (i) seek internal growth through proactive asset management, leasing and property management oversight; (ii) target accretive acquisitions and developments of MOBs in markets with attractive demographics that complement our existing portfolio; and (iii) actively manage our balance sheet to maintain flexibility with conservative leverage.  Additionally, from time to time we consider, on an opportunistic basis, significant portfolio acquisitions that we believe fit our core business and could enhance our existing portfolio. HTA has qualified to be taxed as a REIT for federal income tax purposes and intends to continue to be taxed as a REIT.</font></div><div style="line-height:120%;padding-top:6px;text-align:left;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Since 2006, we have invested </font><font style="font-family:inherit;font-size:10pt;">$7.0 billion</font><font style="font-family:inherit;font-size:10pt;"> to create a portfolio of MOBs and other healthcare assets consisting of approximately </font><font style="font-family:inherit;font-size:10pt;">24.2 million</font><font style="font-family:inherit;font-size:10pt;"> square feet of GLA throughout the U.S. As of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, our portfolio included </font><font style="font-family:inherit;font-size:10pt;">$2.24 billion</font><font style="font-family:inherit;font-size:10pt;"> of investments, net of development credits received at closing, in connection with our acquisition of the Duke MOB business (the “Duke Acquisition”), which includes a </font><font style="font-family:inherit;font-size:10pt;">50%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in an unconsolidated joint venture for </font><font style="font-family:inherit;font-size:10pt;">$68.8 million</font><font style="font-family:inherit;font-size:10pt;"> as of the date of acquisition. Our only remaining obligations related to the Duke Acquisition are the potential acquisition of a land parcel in Miami, FL and a single property in Texas that are each currently excluded from our purchase obligations due to current outstanding physical condition issues.</font></div><div style="line-height:120%;padding-top:6px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">As of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">, approximately </font><font style="font-family:inherit;font-size:10pt;">96%</font><font style="font-family:inherit;font-size:10pt;"> of our portfolio, based on GLA, was located on the campuses of, or aligned with, nationally or regionally recognized healthcare systems. Our portfolio is diversified geographically across </font><font style="font-family:inherit;font-size:10pt;">33</font><font style="font-family:inherit;font-size:10pt;"> states, with no state having more than </font><font style="font-family:inherit;font-size:10pt;">19%</font><font style="font-family:inherit;font-size:10pt;"> of our total GLA as of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2017</font><font style="font-family:inherit;font-size:10pt;">. We are concentrated in 20 to 25 key markets that are experiencing higher economic and demographic trends than other markets, on average, that we expect will drive demand for MOBs. Approximately </font><font style="font-family:inherit;font-size:10pt;">92%</font><font style="font-family:inherit;font-size:10pt;"> of our portfolio, based on GLA, is located in the top </font><font style="font-family:inherit;font-size:10pt;">75</font><font style="font-family:inherit;font-size:10pt;"> metropolitan statistical areas (“MSAs”) with Atlanta, Boston, Dallas, Houston and Tampa being our largest markets by investment. </font></div><div style="line-height:120%;padding-top:6px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Our principal executive office is located at 16435 North Scottsdale Road, Suite 320, Scottsdale, Arizona, 85254.</font></div></div> |