2017 Q1 Form 10-Q Financial Statement
#000168722917000014 Filed on May 12, 2017
Income Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
Revenue | $238.8M | $224.5M |
YoY Change | 6.35% | |
Cost Of Revenue | $99.60M | $92.40M |
YoY Change | 7.79% | |
Gross Profit | $139.1M | $132.1M |
YoY Change | 5.3% | |
Gross Profit Margin | 58.26% | 58.84% |
Selling, General & Admin | $58.30M | $15.40M |
YoY Change | 278.57% | |
% of Gross Profit | 41.91% | 11.66% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $67.58M | $65.70M |
YoY Change | 2.85% | |
% of Gross Profit | 48.58% | 49.74% |
Operating Expenses | $226.7M | $173.2M |
YoY Change | 30.84% | |
Operating Profit | $12.09M | $51.26M |
YoY Change | -76.42% | |
Interest Expense | $68.57M | $70.28M |
YoY Change | -2.43% | |
% of Operating Profit | 567.37% | 137.09% |
Other Income/Expense, Net | -$68.80M | -$70.43M |
YoY Change | -2.32% | |
Pretax Income | -$42.40M | -$10.00M |
YoY Change | 324.0% | |
Income Tax | ||
% Of Pretax Income | ||
Net Earnings | -$25.51M | -$9.975M |
YoY Change | 155.76% | |
Net Earnings / Revenue | -10.69% | -4.44% |
Basic Earnings Per Share | -$0.08 | |
Diluted Earnings Per Share | -$0.08 | -$33.10K |
COMMON SHARES | ||
Basic Shares Outstanding | 311.7M shares | |
Diluted Shares Outstanding | 311.7M shares |
Balance Sheet
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $192.0M | |
YoY Change | ||
Cash & Equivalents | $192.5M | $269.5M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $12.00M | |
Other Receivables | $0.00 | |
Total Short-Term Assets | $204.0M | |
YoY Change | ||
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $5.612M | |
YoY Change | ||
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $209.0M | |
YoY Change | ||
Other Assets | $232.0M | |
YoY Change | ||
Total Long-Term Assets | $9.384B | |
YoY Change | ||
TOTAL ASSETS | ||
Total Short-Term Assets | $204.0M | |
Total Long-Term Assets | $9.384B | |
Total Assets | $9.588B | |
YoY Change | ||
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $101.0M | |
YoY Change | ||
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $189.0M | |
YoY Change | ||
LONG-TERM LIABILITIES | ||
Long-Term Debt | $5.714B | |
YoY Change | ||
Other Long-Term Liabilities | $27.00M | |
YoY Change | ||
Total Long-Term Liabilities | $5.741B | |
YoY Change | ||
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $189.0M | |
Total Long-Term Liabilities | $5.741B | |
Total Liabilities | $5.930B | |
YoY Change | ||
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$25.51M | |
YoY Change | ||
Common Stock | ||
YoY Change | ||
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.951B | |
YoY Change | ||
Total Liabilities & Shareholders Equity | $9.588B | |
YoY Change |
Cashflow Statement
Concept | 2017 Q1 | 2016 Q1 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | -$25.51M | -$9.975M |
YoY Change | 155.76% | |
Depreciation, Depletion And Amortization | $67.58M | $65.70M |
YoY Change | 2.85% | |
Cash From Operating Activities | $76.07M | $77.33M |
YoY Change | -1.63% | |
INVESTING ACTIVITIES | ||
Capital Expenditures | $270.0K | $617.0K |
YoY Change | -56.24% | |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | $0.00 | -$69.50M |
YoY Change | -100.0% | |
Cash From Investing Activities | $28.40M | -$80.15M |
YoY Change | -135.43% | |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | $0.00 | $0.00 |
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -$188.1M | -$2.519M |
YoY Change | 7365.82% | |
NET CHANGE | ||
Cash From Operating Activities | $76.07M | $77.33M |
Cash From Investing Activities | $28.40M | -$80.15M |
Cash From Financing Activities | -$188.1M | -$2.519M |
Net Change In Cash | -$83.59M | -$5.338M |
YoY Change | 1465.98% | |
FREE CASH FLOW | ||
Cash From Operating Activities | $76.07M | $77.33M |
Capital Expenditures | $270.0K | $617.0K |
Free Cash Flow | $75.80M | $76.71M |
YoY Change | -1.19% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
CY2017Q1 | dei |
Amendment Flag
AmendmentFlag
|
false | |
CY2017Q1 | dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | |
CY2017Q1 | dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q1 | |
CY2017Q1 | dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2017 | |
CY2017Q1 | dei |
Document Period End Date
DocumentPeriodEndDate
|
2017-03-31 | |
CY2017Q1 | dei |
Document Type
DocumentType
|
10-Q | |
CY2017Q1 | dei |
Entity Central Index Key
EntityCentralIndexKey
|
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CY2017Q2 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
310376634 | shares |
CY2017Q1 | dei |
Entity Current Reporting Status
EntityCurrentReportingStatus
|
Yes | |
CY2017Q1 | dei |
Entity Filer Category
EntityFilerCategory
|
Non-accelerated Filer | |
CY2017Q1 | dei |
Entity Registrant Name
EntityRegistrantName
|
Invitation Homes Inc. | |
CY2016Q1 | invh |
Capital Expenditures Incurredbut Not Yet Paid Renovation Improvements
CapitalExpendituresIncurredbutNotYetPaidRenovationImprovements
|
9031000 | USD |
CY2017Q1 | invh |
Capital Expenditures Incurredbut Not Yet Paid Renovation Improvements
CapitalExpendituresIncurredbutNotYetPaidRenovationImprovements
|
3620000 | USD |
CY2016Q1 | invh |
Capital Expenditures Incurredbut Not Yet Paid Residential Property Capital Improvements
CapitalExpendituresIncurredbutNotYetPaidResidentialPropertyCapitalImprovements
|
3346000 | USD |
CY2017Q1 | invh |
Capital Expenditures Incurredbut Not Yet Paid Residential Property Capital Improvements
CapitalExpendituresIncurredbutNotYetPaidResidentialPropertyCapitalImprovements
|
2277000 | USD |
CY2016Q4 | invh |
Capitalized Acquisition Costs Net
CapitalizedAcquisitionCostsNet
|
122009000 | USD |
CY2017Q1 | invh |
Capitalized Acquisition Costs Net
CapitalizedAcquisitionCostsNet
|
121727000 | USD |
CY2016Q4 | invh |
Capitalized Homeowners Association Fees Net
CapitalizedHomeownersAssociationFeesNet
|
2890000 | USD |
CY2017Q1 | invh |
Capitalized Homeowners Association Fees Net
CapitalizedHomeownersAssociationFeesNet
|
2884000 | USD |
CY2016Q4 | invh |
Capitalized Insurance Net
CapitalizedInsuranceNet
|
4764000 | USD |
CY2017Q1 | invh |
Capitalized Insurance Net
CapitalizedInsuranceNet
|
4739000 | USD |
CY2016Q4 | invh |
Capitalized Property Taxes Net
CapitalizedPropertyTaxesNet
|
26050000 | USD |
CY2017Q1 | invh |
Capitalized Property Taxes Net
CapitalizedPropertyTaxesNet
|
25957000 | USD |
CY2016Q1 | invh |
Depreciation Property Components
DepreciationPropertyComponents
|
64409000 | USD |
CY2017Q1 | invh |
Depreciation Property Components
DepreciationPropertyComponents
|
66653000 | USD |
CY2017Q1 | invh |
Earnings Per Share Period Usedto Compute Earnings Per Share
EarningsPerSharePeriodUsedtoComputeEarningsPerShare
|
P59D | |
CY2016Q1 | invh |
Increase Decreasein Fair Valueof Cash Flow Hedges
IncreaseDecreaseinFairValueofCashFlowHedges
|
0 | USD |
CY2017Q1 | invh |
Increase Decreasein Fair Valueof Cash Flow Hedges
IncreaseDecreaseinFairValueofCashFlowHedges
|
13272000 | USD |
CY2017Q1 | invh |
Inventory Heldforsale Properties
InventoryHeldforsaleProperties
|
219 | property |
CY2017Q1 | invh |
Inventory Real Estate Heldfor Sales Sales Price
InventoryRealEstateHeldforSalesSalesPrice
|
21778000 | USD |
CY2016Q4 | invh |
Investment Buildings
InvestmentBuildings
|
6829579000 | USD |
CY2017Q1 | invh |
Investment Buildings
InvestmentBuildings
|
6818318000 | USD |
CY2017Q1 | invh |
Lineof Credit Facility Additional Borrowing Capacity
LineofCreditFacilityAdditionalBorrowingCapacity
|
1500000000 | USD |
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Numberof Real Estate Properties Classifiedas Heldforsale
NumberofRealEstatePropertiesClassifiedasHeldforsale
|
391 | property |
CY2017Q1 | invh |
Numberof Real Estate Properties Classifiedas Heldforsale
NumberofRealEstatePropertiesClassifiedasHeldforsale
|
358 | property |
CY2017Q1 | invh |
Numberof Securitizations
NumberofSecuritizations
|
7 | security |
CY2017Q1 | invh |
Profit Interests Accrued Interest
ProfitInterestsAccruedInterest
|
15000 | USD |
CY2017Q1 | invh |
Profit Interests Cancellations
ProfitInterestsCancellations
|
19686000 | USD |
CY2017Q1 | invh |
Profit Interests Distributions
ProfitInterestsDistributions
|
19686000 | USD |
CY2016Q1 | invh |
Reclassificationof Capitalized Initial Public Offering Costs Upon Offering
ReclassificationofCapitalizedInitialPublicOfferingCostsUponOffering
|
0 | USD |
CY2017Q1 | invh |
Reclassificationof Capitalized Initial Public Offering Costs Upon Offering
ReclassificationofCapitalizedInitialPublicOfferingCostsUponOffering
|
2969000 | USD |
CY2016Q1 | invh |
Reclassificationof Inventory Real Estate Heldforsale
ReclassificationofInventoryRealEstateHeldforsale
|
4971000 | USD |
CY2017Q1 | invh |
Reclassificationof Inventory Real Estate Heldforsale
ReclassificationofInventoryRealEstateHeldforsale
|
32862000 | USD |
CY2017Q1 | invh |
Sharebased Compensation Arrangementby Sharebased Payment Award Non Option Equity Instruments Numberof Employees That Elected Notto Convert Shares
SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsNumberofEmployeesThatElectedNottoConvertShares
|
1 | employee |
CY2017Q1 | invh |
Sharebased Compensation Arrangementby Sharebased Payment Award Non Option Equity Instruments Vestedand Excluded From Conversionor Cancellation
SharebasedCompensationArrangementbySharebasedPaymentAwardNonOptionEquityInstrumentsVestedandExcludedFromConversionorCancellation
|
3878 | shares |
CY2016Q4 | us-gaap |
Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
11604000 | USD |
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Accounts And Notes Receivable Net
AccountsAndNotesReceivableNet
|
11781000 | USD |
CY2016Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
88052000 | USD |
CY2017Q1 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
101347000 | USD |
CY2017Q1 | us-gaap |
Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
13272000 | USD |
CY2017Q1 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
3667178000 | USD |
CY2017Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
32243000 | USD |
CY2017Q1 | us-gaap |
Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
12001000 | USD |
CY2016Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
4206000 | USD |
CY2017Q1 | us-gaap |
Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
|
5426000 | USD |
CY2017Q1 | us-gaap |
Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
|
44244000 | USD |
CY2016Q4 | us-gaap |
Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1183000 | USD |
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Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
|
1198000 | USD |
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Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
1418000 | USD |
CY2017Q1 | us-gaap |
Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
|
55000 | USD |
CY2016Q1 | us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
3729000 | USD |
CY2017Q1 | us-gaap |
Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
|
3139000 | USD |
CY2016Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
12776000 | USD |
CY2017Q1 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
11327000 | USD |
CY2016Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
-183000 | USD |
CY2017Q1 | us-gaap |
Asset Impairment Charges
AssetImpairmentCharges
|
1204000 | USD |
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Assets
Assets
|
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Assets
Assets
|
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Cash And Cash Equivalents At Carrying Value
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|
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
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Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
198119000 | USD |
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Cash And Cash Equivalents At Carrying Value
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|
192450000 | USD |
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Cash And Cash Equivalents Period Increase Decrease
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|
-5338000 | USD |
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Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
|
-5669000 | USD |
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Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q1 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
9000000000 | shares |
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Common Stock Shares Issued
CommonStockSharesIssued
|
1000 | shares |
CY2017Q1 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
310376634 | shares |
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Common Stock Value Outstanding
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|
3104000 | USD |
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
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Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
-29119000 | USD |
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Debt Issuance Costs Line Of Credit Arrangements Gross
DebtIssuanceCostsLineOfCreditArrangementsGross
|
9634000 | USD |
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Deferred Costs Leasing Net
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|
7710000 | USD |
CY2017Q1 | us-gaap |
Deferred Costs Leasing Net
DeferredCostsLeasingNet
|
7415000 | USD |
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Deferred Finance Costs Net
DeferredFinanceCostsNet
|
0 | USD |
CY2017Q1 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
9242000 | USD |
CY2016Q1 | us-gaap |
Depreciation
Depreciation
|
65702000 | USD |
CY2017Q1 | us-gaap |
Depreciation
Depreciation
|
67577000 | USD |
CY2016Q4 | us-gaap |
Derivative Assets
DerivativeAssets
|
0 | USD |
CY2017Q1 | us-gaap |
Derivative Assets
DerivativeAssets
|
5907000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
29000 | USD |
CY2017Q1 | us-gaap |
Derivative Fair Value Of Derivative Asset
DerivativeFairValueOfDerivativeAsset
|
5918000 | USD |
CY2016Q4 | us-gaap |
Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
8683000 | USD |
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Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
|
4775000 | USD |
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Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
0 | USD |
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Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
|
2711000 | USD |
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Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
0 | USD |
CY2017Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Income Ineffective Portion And Amount Excluded From Effectiveness Testing Net
DerivativeInstrumentsGainLossRecognizedInIncomeIneffectivePortionAndAmountExcludedFromEffectivenessTestingNet
|
1000 | USD |
CY2016Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
0 | USD |
CY2016 | us-gaap |
Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
0 | USD |
CY2017Q1 | us-gaap |
Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
|
-0.08 | |
CY2017Q1 | us-gaap |
Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Share Based Awards Other Than Options
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedShareBasedAwardsOtherThanOptions
|
32322000 | USD |
CY2016Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
31988000 | USD |
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Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
31717000 | USD |
CY2017Q1 | us-gaap |
Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
|
10561000 | USD |
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Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
84967000 | USD |
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Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
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Dividends Preferred Stock Cash
DividendsPreferredStockCash
|
0 | USD |
CY2016Q1 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
0 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Interest Rate Derivative Instruments Not Designated As Hedging Instruments
GainLossOnInterestRateDerivativeInstrumentsNotDesignatedAsHedgingInstruments
|
-3752000 | USD |
CY2016Q1 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
9192000 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
|
14321000 | USD |
CY2017Q1 | us-gaap |
Gain Loss On Sale Of Properties Applicable Income Taxes
GainLossOnSaleOfPropertiesApplicableIncomeTaxes
|
1134000 | USD |
CY2016Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
15360000 | USD |
CY2017Q1 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
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Held To Maturity Securities
HeldToMaturitySecurities
|
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Held To Maturity Securities
HeldToMaturitySecurities
|
209386000 | USD |
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Held To Maturity Securities Unrecognized Holding Gains
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|
0 | USD |
CY2017Q1 | us-gaap |
Held To Maturity Securities Unrecognized Holding Gains
HeldToMaturitySecuritiesUnrecognizedHoldingGains
|
0 | USD |
CY2016Q1 | us-gaap |
Held To Maturity Securities Unrecognized Holding Losses
HeldToMaturitySecuritiesUnrecognizedHoldingLosses
|
0 | USD |
CY2017Q1 | us-gaap |
Held To Maturity Securities Unrecognized Holding Losses
HeldToMaturitySecuritiesUnrecognizedHoldingLosses
|
0 | USD |
CY2016Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
0 | USD |
CY2017Q1 | us-gaap |
Impairment Of Real Estate
ImpairmentOfRealEstate
|
1037000 | USD |
CY2016Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-19167000 | USD |
CY2017Q1 | us-gaap |
Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
|
-56712000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
13493000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
16207000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
2686000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Customer Deposits
IncreaseDecreaseInCustomerDeposits
|
1279000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
1342000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
|
412000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
5992000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
15906000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
10202000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
|
-83136000 | USD |
CY2016Q1 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
2883000 | USD |
CY2017Q1 | us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
5213000 | USD |
CY2016Q1 | us-gaap |
Interest Expense
InterestExpense
|
70277000 | USD |
CY2017Q1 | us-gaap |
Interest Expense
InterestExpense
|
68572000 | USD |
CY2016Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
57396000 | USD |
CY2017Q1 | us-gaap |
Interest Paid Net
InterestPaidNet
|
53645000 | USD |
CY2017Q1 | us-gaap |
Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
|
-16003000 | USD |
CY2017Q1 | us-gaap |
Inventory Real Estate Held For Sale
InventoryRealEstateHeldForSale
|
18520000 | USD |
CY2016Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7091457000 | USD |
CY2017Q1 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
7078678000 | USD |
CY2016Q4 | us-gaap |
Land
Land
|
2703388000 | USD |
CY2017Q1 | us-gaap |
Land
Land
|
2701437000 | USD |
CY2016Q4 | us-gaap |
Liabilities
Liabilities
|
7774928000 | USD |
CY2017Q1 | us-gaap |
Liabilities
Liabilities
|
5930119000 | USD |
CY2016Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9732351000 | USD |
CY2017Q1 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
9588161000 | USD |
CY2017Q1 | us-gaap |
Line Of Credit Facility Current Borrowing Capacity
LineOfCreditFacilityCurrentBorrowingCapacity
|
2500000000 | USD |
CY2016Q1 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
0 | USD |
CY2016Q4 | us-gaap |
Loans Payable
LoansPayable
|
2315541000 | USD |
CY2017Q1 | us-gaap |
Loans Payable
LoansPayable
|
0 | USD |
CY2017Q1 | us-gaap |
Loss Contingency Loss In Period
LossContingencyLossInPeriod
|
0 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-2519000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-188064000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-80150000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
111534000 | USD |
CY2016Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
77331000 | USD |
CY2017Q1 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
70861000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-25512000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-16879000 | USD |
CY2016Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-9975000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss
NetIncomeLoss
|
-42391000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-25512000 | USD |
CY2017Q1 | us-gaap |
Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
|
-25512000 | USD |
CY2016Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-70430000 | USD |
CY2017Q1 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-68798000 | USD |
CY2016Q1 | us-gaap |
Number Of Interest Rate Derivatives Held
NumberOfInterestRateDerivativesHeld
|
0 | agreement |
CY2016Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
173239000 | USD |
CY2017Q1 | us-gaap |
Operating Expenses
OperatingExpenses
|
226664000 | USD |
CY2016Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
51263000 | USD |
CY2017Q1 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
12086000 | USD |
CY2016Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
214323000 | USD |
CY2017Q1 | us-gaap |
Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
|
226096000 | USD |
CY2016Q4 | us-gaap |
Other Assets
OtherAssets
|
309625000 | USD |
CY2017Q1 | us-gaap |
Other Assets
OtherAssets
|
324826000 | USD |
CY2016Q4 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
7782000 | USD |
CY2017Q1 | us-gaap |
Other Assets Miscellaneous
OtherAssetsMiscellaneous
|
4530000 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
13272000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
0 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
13272000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
0 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
|
-2711000 | USD |
CY2016Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
0 | USD |
CY2017Q1 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
10561000 | USD |
CY2016Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
30084000 | USD |
CY2017Q1 | us-gaap |
Other Liabilities
OtherLiabilities
|
26589000 | USD |
CY2016Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
673000 | USD |
CY2017Q1 | us-gaap |
Other Noncash Income Expense
OtherNoncashIncomeExpense
|
337000 | USD |
CY2016Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
153000 | USD |
CY2017Q1 | us-gaap |
Other Nonoperating Expense
OtherNonoperatingExpense
|
226000 | USD |
CY2016Q1 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
10179000 | USD |
CY2017Q1 | us-gaap |
Other Real Estate Revenue
OtherRealEstateRevenue
|
12654000 | USD |
CY2016Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentHeldtomaturitySecurities
|
0 | USD |
CY2017Q1 | us-gaap |
Other Than Temporary Impairment Losses Investments Portion In Other Comprehensive Income Loss Before Tax Portion Attributable To Parent Heldtomaturity Securities
OtherThanTemporaryImpairmentLossesInvestmentsPortionInOtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParentHeldtomaturitySecurities
|
0 | USD |
CY2016Q1 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
7393000 | USD |
CY2017Q1 | us-gaap |
Owned Property Management Costs
OwnedPropertyManagementCosts
|
11449000 | USD |
CY2016Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
694000 | USD |
CY2017Q1 | us-gaap |
Paid In Kind Interest
PaidInKindInterest
|
0 | USD |
CY2016Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
19952000 | USD |
CY2017Q1 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
853399000 | USD |
CY2017Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
24456000 | USD |
CY2016Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD |
CY2017Q1 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
0 | USD |
CY2017Q1 | us-gaap |
Payments For Capital Improvements
PaymentsForCapitalImprovements
|
6855000 | USD |
CY2016Q1 | us-gaap |
Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
|
-709000 | USD |
CY2017Q1 | us-gaap |
Payments For Proceeds From Other Deposits
PaymentsForProceedsFromOtherDeposits
|
-484000 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
1153000 | USD |
CY2016Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
0 | USD |
CY2017Q1 | us-gaap |
Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
|
1153000 | USD |
CY2016Q1 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
164000 | USD |
CY2017Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
5426000 | USD |
CY2016Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
0 | USD |
CY2017Q1 | us-gaap |
Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
|
2457000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
10056000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Other Productive Assets
PaymentsToAcquireOtherProductiveAssets
|
10800000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
617000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
270000 | USD |
CY2016Q1 | us-gaap |
Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
|
112733000 | USD |
CY2017Q1 | us-gaap |
Payments To Acquire Residential Real Estate
PaymentsToAcquireResidentialRealEstate
|
27813000 | USD |
CY2016 | us-gaap |
Preferred Stock Amount Of Preferred Dividends In Arrears
PreferredStockAmountOfPreferredDividendsInArrears
|
0 | USD |
CY2016 | us-gaap |
Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
|
0.12 | |
CY2017Q1 | us-gaap |
Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
|
0.01 | |
CY2017Q1 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
900000000 | shares |
CY2016Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
113 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
|
0 | shares |
CY2017Q1 | us-gaap |
Preferred Stock Value Outstanding
PreferredStockValueOutstanding
|
0 | USD |
CY2016Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
21883000 | USD |
CY2017Q1 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
33811000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
128002000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Contributed Capital
ProceedsFromContributedCapital
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
1692058000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
1692058000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
11276000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Other Long Term Debt
ProceedsFromIssuanceOfOtherLongTermDebt
|
0 | USD |
CY2016Q1 | us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
0 | USD |
CY2017Q1 | us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
1500000000 | USD |
CY2016Q1 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
72701000 | USD |
CY2017Q1 | us-gaap |
Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
|
73652000 | USD |
CY2016Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
6247000 | USD |
CY2017Q1 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
5612000 | USD |
CY2016Q4 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
45062000 | USD |
CY2017Q1 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
37142000 | USD |
CY2016Q4 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
62169000 | USD |
CY2017Q1 | us-gaap |
Real Estate Inventory Capitalized Interest Costs
RealEstateInventoryCapitalizedInterestCosts
|
61989000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
43268000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Other Long Term Debt
RepaymentsOfOtherLongTermDebt
|
2321585000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
792330000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investments Other
RealEstateInvestmentsOther
|
229890000 | USD |
CY2017Q1 | us-gaap |
Real Estate Investments Other
RealEstateInvestmentsOther
|
228643000 | USD |
CY2016Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
224502000 | USD |
CY2017Q1 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
238750000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9794845000 | USD |
CY2017Q1 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
9780115000 | USD |
CY2016Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
9002515000 | USD |
CY2017Q1 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
8926716000 | USD |
CY2016 | us-gaap |
Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
|
1959000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
29598000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1030471000 | USD |
CY2016Q1 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
68767000 | USD |
CY2017Q1 | us-gaap |
Repayments Of Short Term Debt
RepaymentsOfShortTermDebt
|
0 | USD |
CY2016Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
222092000 | USD |
CY2017Q1 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
144169000 | USD |
CY2017Q1 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-25512000 | USD |
CY2017Q1 | us-gaap |
Sale Of Stock Number Of Shares Issued In Transaction
SaleOfStockNumberOfSharesIssuedInTransaction
|
310376634 | shares |
CY2016Q4 | us-gaap |
Secured Debt
SecuredDebt
|
5254738000 | USD |
CY2017Q1 | us-gaap |
Secured Debt
SecuredDebt
|
4228525000 | USD |
CY2016Q4 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
86513000 | USD |
CY2017Q1 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
87792000 | USD |
CY2016Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4206000 | USD |
CY2017Q1 | us-gaap |
Share Based Compensation
ShareBasedCompensation
|
44244000 | USD |
CY2017Q1 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
1692058000 | USD |
CY2017Q1 | us-gaap |
Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
|
1153000 | USD |
CY2016Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1957423000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
3658042000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1951407000 | USD |
CY2017Q1 | us-gaap |
Stockholders Equity Change In Reporting Entity
StockholdersEquityChangeInReportingEntity
|
-1951407000 | USD |
CY2016Q4 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
0 | USD |
CY2017Q1 | us-gaap |
Unsecured Debt
UnsecuredDebt
|
1485866000 | USD |
CY2017Q1 | us-gaap |
Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
|
311651082 | shares |
CY2017Q1 | us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:12px;padding-top:12px;text-align:left;text-indent:0px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:italic;font-weight:normal;text-decoration:none;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;padding-top:0px;text-align:left;text-indent:24px;font-size:10pt;"><font style="font-family:Times New Roman;font-size:10pt;color:#000000;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the condensed consolidated financial statements, as well as the reported amounts of revenues and expenses during the reporting periods. These estimates are inherently subjective in nature and actual results could differ from those estimates.</font></div></div> |