2024 Q3 Form 10-Q Financial Statement

#000136060424000093 Filed on August 02, 2024

View on sec.gov

Income Statement

Concept 2024 Q3 2024 Q2
Revenue $315.4M $316.3M
YoY Change -7.84% -6.45%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net -$105.7M -$156.6M
YoY Change 41.59% 38.84%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$93.02M -$143.8M
YoY Change 37.11% 72.51%
Net Earnings / Revenue -29.49% -45.45%
Basic Earnings Per Share -$0.26 -$0.39
Diluted Earnings Per Share -$0.26 -$0.39
COMMON SHARES
Basic Shares Outstanding 363.0M shares 378.5M shares
Diluted Shares Outstanding 359.0M shares 372.5M shares

Balance Sheet

Concept 2024 Q3 2024 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $22.80M $41.77M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $0.00 $0.00
YoY Change -100.0% -100.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $11.24B $11.80B
YoY Change -14.19% -11.88%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $5.645B $5.829B
YoY Change -5.83% -6.21%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $9.202B $9.344B
YoY Change -4.16% -2.66%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $5.515B $5.887B
YoY Change
Total Liabilities & Shareholders Equity $11.24B $11.80B
YoY Change -14.19% -11.88%

Cashflow Statement

Concept 2024 Q3 2024 Q2
OPERATING ACTIVITIES
Net Income -$93.02M -$143.8M
YoY Change 37.11% 72.51%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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475000 usd
us-gaap Payments To Acquire Finance Receivables
PaymentsToAcquireFinanceReceivables
780000 usd
hr Proceeds From Contributions From Redeemable Noncontrolling Interests
ProceedsFromContributionsFromRedeemableNoncontrollingInterests
13000 usd
hr Proceeds From Contributions From Redeemable Noncontrolling Interests
ProceedsFromContributionsFromRedeemableNoncontrollingInterests
0 usd
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
303475000 usd
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
160870000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
567000 usd
us-gaap Proceeds From Sale And Collection Of Notes Receivable
ProceedsFromSaleAndCollectionOfNotesReceivable
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
151388000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6145000 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
250000000 usd
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-31000000 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
100000000 usd
us-gaap Repayments Of Medium Term Notes
RepaymentsOfMediumTermNotes
0 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
17746000 usd
us-gaap Repayments Of Debt
RepaymentsOfDebt
1340000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
235618000 usd
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
236105000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
104000 usd
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
77000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
321000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1842000 usd
hr Payments For Repurchases Of Common Stock
PaymentsForRepurchasesOfCommonStock
273053000 usd
hr Payments For Repurchases Of Common Stock
PaymentsForRepurchasesOfCommonStock
0 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2399000 usd
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2546000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
563000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
438000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
30000 usd
us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
40000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-379626000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-273234000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
16066000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-25057000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25699000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60961000 usd
CY2024Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41765000 usd
CY2023Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
35904000 usd
us-gaap Interest Paid Net
InterestPaidNet
103708000 usd
us-gaap Interest Paid Net
InterestPaidNet
106985000 usd
us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
0 usd
us-gaap Mortgage Loan Related To Property Sales1
MortgageLoanRelatedToPropertySales1
45000000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
39016000 usd
us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
30956000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1916000 usd
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1282000 usd
hr Proceeds From Dispositions Held In Escrow
ProceedsFromDispositionsHeldInEscrow
96008000 usd
hr Proceeds From Dispositions Held In Escrow
ProceedsFromDispositionsHeldInEscrow
0 usd
hr Contribution Of Real Estate Properties Into Unconsolidated Joint Venture
ContributionOfRealEstatePropertiesIntoUnconsolidatedJointVenture
66547000 usd
hr Contribution Of Real Estate Properties Into Unconsolidated Joint Venture
ContributionOfRealEstatePropertiesIntoUnconsolidatedJointVenture
0 usd
CY2024Q2 hr Investment In Real Estate Properties And Mortgage Notes
InvestmentInRealEstatePropertiesAndMortgageNotes
12900000000 usd
CY2024Q2 hr Number Of Real Estate Investments
NumberOfRealEstateInvestments
629 property
CY2024Q2 hr Number Of Properties Held In Unconsolidated Joint Ventures
NumberOfPropertiesHeldInUnconsolidatedJointVentures
44 property
CY2024Q2 hr Real Estate Investments Property Owned In Number Of States
RealEstateInvestmentsPropertyOwnedInNumberOfStates
35 state
CY2024Q2 hr Approximate Square Feet Invested In By Company
ApproximateSquareFeetInvestedInByCompany
37200000 sqft
CY2024Q2 hr Leasing And Property Management Services Provided As Percentage Of Nationwide Portfolio
LeasingAndPropertyManagementServicesProvidedAsPercentageOfNationwidePortfolio
0.92
CY2024Q2 hr Equity Ownership For Consolidation Percent
EquityOwnershipForConsolidationPercent
1
CY2024Q2 hr Number Of Variable Interest Entities
NumberOfVariableInterestEntities
4 variable_interest_entity
us-gaap Use Of Estimates
UseOfEstimates
<div><span style="color:#000000;font-family:'Gotham Medium',sans-serif;font-size:7.75pt;font-style:italic;font-weight:700;line-height:130%">Use of Estimates in the Condensed Consolidated Financial Statements</span></div><span style="color:#000000;font-family:'Century',serif;font-size:9pt;font-weight:400;line-height:140%">Preparation of the Condensed Consolidated Financial Statements in accordance with GAAP requires management to make estimates and assumptions that affect amounts reported in the Condensed Consolidated Financial Statements and accompanying notes. Actual results may differ from those estimates.</span>
CY2024Q2 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
3900000 usd
CY2024Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
120900000 usd
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
136900000 usd
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
250500000 usd
CY2024Q2 us-gaap Sale Leaseback Transaction Net Book Value
SaleLeasebackTransactionNetBookValue
122413000 usd
CY2024Q2 hr Real Estate Notes Receivable Net
RealEstateNotesReceivableNet
168800000 usd
CY2024Q2 hr Notes Receivable Maximum Loan Commitment
NotesReceivableMaximumLoanCommitment
214969000 usd
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
185025000 usd
CY2024Q2 us-gaap Interest Receivable And Other Assets
InterestReceivableAndOtherAssets
3414000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
16397000 usd
CY2024Q2 us-gaap Financing Receivable Covered And Not Covered After Allowance For Credit Loss Fee Premium And Discount
FinancingReceivableCoveredAndNotCoveredAfterAllowanceForCreditLossFeePremiumAndDiscount
3201000 usd
CY2024Q2 us-gaap Notes Receivable Fair Value Disclosure
NotesReceivableFairValueDisclosure
168841000 usd
CY2023Q1 hr Number Of Mezzanine Loans
NumberOfMezzanineLoans
2 loan
CY2023Q1 hr Financing Receivable Allowance For Credit Loss Reserves
FinancingReceivableAllowanceForCreditLossReserves
5200000 usd
hr Number Of Mortgage Loans
NumberOfMortgageLoans
1 loan
CY2024Q2 hr Number Of Mortgage Loans
NumberOfMortgageLoans
1 loan
hr Financing Receivable Allowance For Credit Loss Reserves
FinancingReceivableAllowanceForCreditLossReserves
11200000 usd
CY2024Q2 hr Financing Receivable Allowance For Credit Loss Reserves
FinancingReceivableAllowanceForCreditLossReserves
11200000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
5196000 usd
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
0 usd
hr Financing Receivable Allowance For Credit Loss Reserves
FinancingReceivableAllowanceForCreditLossReserves
11201000 usd
CY2023 hr Financing Receivable Allowance For Credit Loss Reserves
FinancingReceivableAllowanceForCreditLossReserves
5196000 usd
CY2024Q2 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
16397000 usd
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
5196000 usd
CY2024Q2 hr Number Of Recognized Lease Financial Receivables
NumberOfRecognizedLeaseFinancialReceivables
2 financing_receivable
CY2024Q2 us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
2100000 usd
us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
4200000 usd
CY2023Q2 us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
2100000 usd
us-gaap Sales Type Lease Interest Income Lease Receivable
SalesTypeLeaseInterestIncomeLeaseReceivable
4200000 usd
CY2023Q4 hr Number Of Real Estate Notes Receivable
NumberOfRealEstateNotesReceivable
2 financing_receivable
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
48900000 usd
CY2024Q2 hr Number Of Real Estate Notes Receivable
NumberOfRealEstateNotesReceivable
1 financing_receivable
CY2024Q2 us-gaap Financing Receivable Excluding Accrued Interest Nonaccrual
FinancingReceivableExcludingAccruedInterestNonaccrual
20500000 usd
CY2024Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4322000 usd
CY2023Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
4230000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8513000 usd
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
8847000 usd
CY2024Q2 hr Number Of Properties Classified As Held For Sale
NumberOfPropertiesClassifiedAsHeldForSale
3 property
CY2023Q4 hr Number Of Properties Classified As Held For Sale
NumberOfPropertiesClassifiedAsHeldForSale
1 property
CY2024Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
308100000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
626200000 usd
CY2023Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
329700000 usd
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
653800000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
441170000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
827950000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
734851000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
614428000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
500591000 usd
CY2024Q2 hr Lessor Operating Lease Paymenttobe Receivedafter Year Four
LessorOperatingLeasePaymenttobeReceivedafterYearFour
1629794000 usd
CY2024Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
4748784000 usd
CY2024Q2 us-gaap Number Of Properties Subject To Ground Leases
NumberOfPropertiesSubjectToGroundLeases
221 property
hr Square Feet Subjectto Ground Leases
SquareFeetSubjecttoGroundLeases
16500000 sqft
hr Numberof Ground Leases Prepaid
NumberofGroundLeasesPrepaid
73 lease
CY2024Q2 hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
500000 usd
CY2023Q2 hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
300000 usd
hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
900000 usd
hr Amortizationof Prepaid Rent
AmortizationofPrepaidRent
700000 usd
CY2024Q2 hr Numberof Ground Leases Excluding Prepaid Leases
NumberofGroundLeasesExcludingPrepaidLeases
148 lease
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
5912000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
1013000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
12644000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
2218000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
12739000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
2255000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
12934000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
2294000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
13061000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
2326000 usd
CY2024Q2 hr Lessee Operating Lease Liability To Be Paid After Year Four
LesseeOperatingLeaseLiabilityToBePaidAfterYearFour
693556000 usd
CY2024Q2 hr Finance Lease Liability To Be Paid After Year Four
FinanceLeaseLiabilityToBePaidAfterYearFour
394072000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
750846000 usd
CY2024Q2 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
404178000 usd
CY2024Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
520245000 usd
CY2024Q2 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
328979000 usd
CY2024Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
230601000 usd
CY2024Q2 us-gaap Finance Lease Liability
FinanceLeaseLiability
75199000 usd
CY2024Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
4599000 usd
CY2023Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
5329000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
9065000 usd
us-gaap Operating Lease Cost
OperatingLeaseCost
10436000 usd
CY2024Q2 us-gaap Variable Lease Cost
VariableLeaseCost
1315000 usd
CY2023Q2 us-gaap Variable Lease Cost
VariableLeaseCost
2235000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
2542000 usd
us-gaap Variable Lease Cost
VariableLeaseCost
4371000 usd
CY2024Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
392000 usd
CY2023Q2 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
387000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
779000 usd
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
774000 usd
CY2024Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
942000 usd
CY2023Q2 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
923000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1880000 usd
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
1841000 usd
CY2024Q2 us-gaap Lease Cost
LeaseCost
7248000 usd
CY2023Q2 us-gaap Lease Cost
LeaseCost
8874000 usd
us-gaap Lease Cost
LeaseCost
14266000 usd
us-gaap Lease Cost
LeaseCost
17422000 usd
CY2024Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
4889000 usd
CY2023Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
5230000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
8929000 usd
us-gaap Operating Lease Payments
OperatingLeasePayments
11190000 usd
CY2024Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
591000 usd
CY2023Q2 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
541000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1154000 usd
us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
1094000 usd
CY2024Q2 hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
4000 usd
CY2023Q2 hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
6000 usd
hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
30000 usd
hr Finance Lease Principal Only Payments
FinanceLeasePrincipalOnlyPayments
17000 usd
CY2024Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2561000 usd
CY2023Q2 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
2561000 usd
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0 usd
CY2024Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P45Y10M24D
CY2023Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P47Y3M18D
CY2024Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P57Y4M24D
CY2023Q2 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P58Y4M24D
CY2024Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.057
CY2023Q2 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.058
CY2024Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.050
CY2023Q2 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.050
CY2024Q2 us-gaap Long Term Debt
LongTermDebt
5148153000 usd
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
4994859000 usd
CY2024Q2 hr Debt Instrument Extension Period For Maturity Date
DebtInstrumentExtensionPeriodForMaturityDate
P1Y
CY2024Q2 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
300000 usd
CY2024Q2 hr Debt Instrument Extension Period For Maturity Date
DebtInstrumentExtensionPeriodForMaturityDate
P1Y
CY2024Q2 us-gaap Debt Instrument Fee Amount
DebtInstrumentFeeAmount
300000 usd
CY2024Q2 us-gaap Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
15 derivative
CY2024Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
5891000 usd
CY2023Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
21523000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
25501000 usd
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAndTax
12981000 usd
CY2024Q2 us-gaap Derivative Net Liability Position Aggregate Fair Value
DerivativeNetLiabilityPositionAggregateFairValue
300000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
17242237 shares
CY2023 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.62
CY2023Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 usd
CY2024Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
2966764 shares
CY2024Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
14.07
CY2024Q2 hr Treasury Stock Value Acquired Cost Method Excluding Commissions
TreasuryStockValueAcquiredCostMethodExcludingCommissions
41700000 usd
CY2024Q2 srt Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
500000000.0 usd
CY2024Q2 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
14275473 shares
CY2024Q2 us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
16.18
CY2024Q2 hr Treasury Stock Value Acquired Cost Method Excluding Commissions
TreasuryStockValueAcquiredCostMethodExcludingCommissions
231000000 usd
CY2024Q2 hr Stock Repurchase Program Authorized Additional Amount
StockRepurchaseProgramAuthorizedAdditionalAmount
269000000 usd
CY2024Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
374498770 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
380829011 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
377916989 shares
us-gaap Weighted Average Number Of Shares Issued Basic
WeightedAverageNumberOfSharesIssuedBasic
380812981 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1932334 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1954956 shares
us-gaap Weighted Average Number Of Shares Restricted Stock
WeightedAverageNumberOfSharesRestrictedStock
1952350 shares
CY2023Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
378896677 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
375962033 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
378860631 shares
CY2024Q2 hr Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
CY2023Q2 hr Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
hr Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
hr Incremental Common Shares Attributable To Dilutive Effect Of Op Units
IncrementalCommonSharesAttributableToDilutiveEffectOfOPUnits
0 shares
CY2024Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
372477299 shares
CY2023Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
378896677 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
375962033 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
378860631 shares
CY2024Q2 us-gaap Profit Loss
ProfitLoss
-145938000 usd
CY2023Q2 us-gaap Profit Loss
ProfitLoss
-83726000 usd
us-gaap Profit Loss
ProfitLoss
-461157000 usd
us-gaap Profit Loss
ProfitLoss
-171804000 usd
CY2024Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
917000 usd
CY2023Q2 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
606000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1819000 usd
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
1830000 usd
CY2024Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2158000 usd
CY2023Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-967000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-6541000 usd
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-1920000 usd
CY2024Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-717000 usd
CY2023Q2 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-77000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
-2047000 usd
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
1154000 usd
CY2024Q2 hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
-145414000 usd
CY2023Q2 hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
-83442000 usd
hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
-458482000 usd
hr Net Income Lossfrom Continuing Operations Availableto Common Stockholders Basic
NetIncomeLossfromContinuingOperationsAvailabletoCommonStockholdersBasic
-170560000 usd
CY2024Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.39
CY2023Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-1.22
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.45
CY2024Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.39
CY2023Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.22
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-1.22
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.45
CY2024Q2 hr Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized Remainder Of Fiscal Year
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedRemainderOfFiscalYear
8000000.0 usd
CY2024Q2 hr Employee Service Share Based Compensation Nonvested Awards Compensation Cost Not Yet Recognized Next Twelve Months
EmployeeServiceShareBasedCompensationNonvestedAwardsCompensationCostNotYetRecognizedNextTwelveMonths
13400000 usd
CY2024Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Year Two
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedYearTwo
10100000 usd
CY2024Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized Year Three
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedYearThree
5500000 usd
CY2024Q2 hr Employee Service Share Based Compensation Non Vested Awards Compensation Cost Not Yet Recognized After Year Four
EmployeeServiceShareBasedCompensationNonVestedAwardsCompensationCostNotYetRecognizedAfterYearFour
2900000 usd
CY2024Q2 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
39900000 usd
CY2024Q2 ecd Non Rule10b51 Arr Adopted Flag
NonRule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Rule10b51 Arr Adopted Flag
Rule10b51ArrAdoptedFlag
false
CY2024Q2 ecd Non Rule10b51 Arr Trmntd Flag
NonRule10b51ArrTrmntdFlag
false
CY2024Q2 ecd Rule10b51 Arr Trmntd Flag
Rule10b51ArrTrmntdFlag
false

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