2019 Q3 Form 10-Q Financial Statement

#000130774819000091 Filed on November 07, 2019

View on sec.gov

Income Statement

Concept 2019 Q3 2018 Q3 2018 Q2
Revenue $58.17M $60.09M $61.49M
YoY Change -3.2% -4.38% -1.07%
Cost Of Revenue $17.30M $16.90M $18.10M
YoY Change 2.37% -6.63% 4.02%
Gross Profit $40.70M $43.20M $43.40M
YoY Change -5.79% -3.57% -3.13%
Gross Profit Margin 69.97% 71.89% 70.58%
Selling, General & Admin $8.400M $9.600M $8.700M
YoY Change -12.5% -20.66% -20.91%
% of Gross Profit 20.64% 22.22% 20.05%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $24.20M $0.00 $0.00
YoY Change -100.0% -100.0%
% of Gross Profit 59.46% 0.0% 0.0%
Operating Expenses $49.92M $56.24M $50.11M
YoY Change -11.24% 4.02% -2.24%
Operating Profit $16.85M $5.136M $11.93M
YoY Change 228.06% -41.54% 9.51%
Interest Expense $6.077M $5.954M $6.451M
YoY Change 2.07% -21.53% -17.15%
% of Operating Profit 36.07% 115.93% 54.06%
Other Income/Expense, Net $21.00K $231.0K
YoY Change -99.2% -392.41%
Pretax Income $25.03M $8.990M $23.31M
YoY Change 178.38% -29.08% -33.45%
Income Tax $100.0K $43.00K $151.0K
% Of Pretax Income 0.4% 0.48% 0.65%
Net Earnings $24.93M $8.947M $23.16M
YoY Change 178.6% -59.27% -31.71%
Net Earnings / Revenue 42.85% 14.89% 37.67%
Basic Earnings Per Share
Diluted Earnings Per Share $0.34 $0.12 $0.30
COMMON SHARES
Basic Shares Outstanding 728.7M shares 768.4M shares 774.4M shares
Diluted Shares Outstanding 729.5M shares 769.3M shares 774.9M shares

Balance Sheet

Concept 2019 Q3 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $114.0M $158.7M $187.1M
YoY Change -28.18% 14.73% -52.97%
Cash & Equivalents $113.8M $157.4M $185.7M
Short-Term Investments $1.385M $1.371M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $28.00M $28.00M $26.00M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $142.0M $185.0M $212.0M
YoY Change -23.24% 42.31% -45.92%
LONG-TERM ASSETS
Property, Plant & Equipment $2.108B $2.033B $2.093B
YoY Change 3.69% -8.63% 4.39%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $120.0M $190.0M $190.0M
YoY Change -36.84% -14.03% -11.21%
Other Assets $5.000M $49.00M $48.00M
YoY Change -89.8% 68.97% -52.48%
Total Long-Term Assets $2.378B $2.379B $2.446B
YoY Change -0.03% -8.4% 1.66%
TOTAL ASSETS
Total Short-Term Assets $142.0M $185.0M $212.0M
Total Long-Term Assets $2.378B $2.379B $2.446B
Total Assets $2.520B $2.564B $2.658B
YoY Change -1.71% -5.99% -5.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $38.00M $46.00M $31.00M
YoY Change -17.39% 12.2% -3.13%
Accrued Expenses $2.000M
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 $53.00M $59.00M $45.00M
YoY Change -10.17% 9.26% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $574.0M $590.0M $590.0M
YoY Change -2.71% -11.54% -23.38%
Other Long-Term Liabilities $71.00M $68.00M $72.00M
YoY Change 4.41% -12.82% 4.35%
Total Long-Term Liabilities $645.0M $658.0M $662.0M
YoY Change -1.98% -11.68% -21.1%
TOTAL LIABILITIES
Total Short-Term Liabilities $53.00M $59.00M $45.00M
Total Long-Term Liabilities $645.0M $658.0M $662.0M
Total Liabilities $699.2M $716.6M $707.5M
YoY Change -2.43% -10.34% -19.94%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $729.0K $728.0K $773.0K
YoY Change 0.14% -5.82% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.821B $1.847B $1.950B
YoY Change
Total Liabilities & Shareholders Equity $2.520B $2.564B $2.658B
YoY Change -1.71% -5.99% -5.01%

Cashflow Statement

Concept 2019 Q3 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $24.93M $8.947M $23.16M
YoY Change 178.6% -59.27% -31.71%
Depreciation, Depletion And Amortization $24.20M $0.00 $0.00
YoY Change -100.0% -100.0%
Cash From Operating Activities $33.20M $36.40M $38.00M
YoY Change -8.79% 5.2% 12.43%
INVESTING ACTIVITIES
Capital Expenditures $209.6M $15.10M $150.1M
YoY Change 1288.08% -95.09% -4156.76%
Acquisitions
YoY Change
Other Investing Activities $134.0M $63.70M $58.60M
YoY Change 110.36% -8.74% -59.89%
Cash From Investing Activities -$75.70M $48.60M -$91.50M
YoY Change -255.76% -120.44% -161.12%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 8.500M -113.2M -32.50M
YoY Change -107.51% -3.99% 138.97%
NET CHANGE
Cash From Operating Activities 33.20M 36.40M 38.00M
Cash From Investing Activities -75.70M 48.60M -91.50M
Cash From Financing Activities 8.500M -113.2M -32.50M
Net Change In Cash -34.00M -28.20M -86.00M
YoY Change 20.57% -91.22% -150.62%
FREE CASH FLOW
Cash From Operating Activities $33.20M $36.40M $38.00M
Capital Expenditures $209.6M $15.10M $150.1M
Free Cash Flow -$176.4M $21.30M -$112.1M
YoY Change -928.17% -107.8% -398.93%

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ivtp Cashor Part Noncash Distributions Payable
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ivtp Cashor Part Noncash Distributions Payable
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CY2019Q3 ivtp Recognitionof Partially Deferred Gainson Property Sales
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ivtp Noncashor Part Noncash Accrued Investmentin Development Projects
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ivtp Cash Outflowfor Purchaseof Investment Properties
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ivtp Asset Acquisition Transaction Costs Capitalized Duringthe Period
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ivtp Construction Escrow Accounts
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ivtp Creditsand Other Changesin Cash Outflow Net
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us-gaap Business Combination Consideration Transferred1
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ivtp Dispositions Accounts Receivable Acquired Lease Intangiblesand Deferred Costsand Other Assets
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CY2019Q3 ivtp Disposition Accounts Payable Acquired Lease Intangiblesand Other Liabilities
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CY2018Q3 ivtp Disposition Accounts Payable Acquired Lease Intangiblesand Other Liabilities
DispositionAccountsPayableAcquiredLeaseIntangiblesandOtherLiabilities
-10289000 USD
ivtp Extinguishmentof Debt Through Transferred Property
ExtinguishmentofDebtThroughTransferredProperty
0 USD
ivtp Extinguishmentof Debt Through Transferred Property
ExtinguishmentofDebtThroughTransferredProperty
-44331000 USD
ivtp Disposal Group Including Discontinued Operation Debt Extinguished
DisposalGroupIncludingDiscontinuedOperationDebtExtinguished
0 USD
ivtp Disposal Group Including Discontinued Operation Debt Extinguished
DisposalGroupIncludingDiscontinuedOperationDebtExtinguished
-14854000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
32443000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
51741000 USD
ivtp Gain Losson Extinguishmentof Debt Included In Discontinued Operations
GainLossonExtinguishmentofDebtIncludedInDiscontinuedOperations
-2092000 USD
ivtp Gain Losson Extinguishmentof Debt Included In Discontinued Operations
GainLossonExtinguishmentofDebtIncludedInDiscontinuedOperations
10697000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
183588000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
254424000 USD
us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 USD
us-gaap Transfer Mortgage Payable
TransferMortgagePayable
16600000 USD
ivtp Surrender Mortgage Escrow Transferred Property
SurrenderMortgageEscrowTransferredProperty
0 USD
ivtp Surrender Mortgage Escrow Transferred Property
SurrenderMortgageEscrowTransferredProperty
2160000 USD
ivtp Creditand Other Changesin Cash Inflow Net
CreditandOtherChangesinCashInflowNet
6612000 USD
ivtp Creditand Other Changesin Cash Inflow Net
CreditandOtherChangesinCashInflowNet
9766000 USD
ivtp Discontinued Operation Gross Disposition Price
DiscontinuedOperationGrossDispositionPrice
190200000 USD
ivtp Discontinued Operation Gross Disposition Price
DiscontinuedOperationGrossDispositionPrice
282950000 USD
CY2019Q3 ivtp Number Of Joint Ventures
NumberOfJointVentures
1 joint_venture
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
40463000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
154921000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
142373000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
121061000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
104764000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
377833000 USD
CY2019Q3 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
941415000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
151874000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
139290000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
124366000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
103204000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
83744000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
282629000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
885107000 USD
CY2019Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
40664000 USD
CY2018Q3 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
42990000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
119130000 USD
us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
131173000 USD
CY2019Q3 us-gaap Provision For Lease Losses
ProvisionForLeaseLosses
176000 USD
CY2018Q3 us-gaap Provision For Lease Losses
ProvisionForLeaseLosses
399000 USD
us-gaap Provision For Lease Losses
ProvisionForLeaseLosses
1265000 USD
us-gaap Provision For Lease Losses
ProvisionForLeaseLosses
765000 USD
CY2019Q3 us-gaap Lease Income
LeaseIncome
56768000 USD
CY2018Q3 us-gaap Lease Income
LeaseIncome
58766000 USD
us-gaap Lease Income
LeaseIncome
167312000 USD
us-gaap Lease Income
LeaseIncome
181139000 USD
CY2019Q3 us-gaap Receivables From Customers
ReceivablesFromCustomers
473000 USD
CY2018Q4 us-gaap Receivables From Customers
ReceivablesFromCustomers
778000 USD
CY2019Q3 ivtp Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
1416000 USD
ivtp Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
2334000 USD
CY2018Q3 ivtp Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
60000 USD
ivtp Asset Acquisition Transaction Costs Capitalized Duringthe Period
AssetAcquisitionTransactionCostsCapitalizedDuringthePeriod
260000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
183588000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
254424000 USD
CY2019Q3 ivtp Variable Interest Entity Numberof Entities
VariableInterestEntityNumberofEntities
0 VIE
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
44091000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
385000 USD
CY2018Q4 us-gaap Variable Interest Entity Consolidated Carrying Amount Assets And Liabilities Net
VariableInterestEntityConsolidatedCarryingAmountAssetsAndLiabilitiesNet
43706000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
120050000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
156132000 USD
CY2019Q3 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
427652000 USD
CY2018Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
494583000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Assets Otherthan Real Estate
EquityMethodInvestmentSummarizedFinancialInformationAssetsOtherthanRealEstate
64705000 USD
CY2018Q4 ivtp Equity Method Investment Summarized Financial Information Assets Otherthan Real Estate
EquityMethodInvestmentSummarizedFinancialInformationAssetsOtherthanRealEstate
103565000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
492357000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
598148000 USD
CY2019Q3 ivtp Equity Method Investments Long Term Debt
EquityMethodInvestmentsLongTermDebt
256593000 USD
CY2018Q4 ivtp Equity Method Investments Long Term Debt
EquityMethodInvestmentsLongTermDebt
272629000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
19068000 USD
CY2018Q4 ivtp Equity Method Investment Summarized Financial Information Other Liabilities
EquityMethodInvestmentSummarizedFinancialInformationOtherLiabilities
42569000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
216696000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
282950000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
492357000 USD
CY2018Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
598148000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Of Company Share Of Equity
EquityMethodInvestmentSummarizedFinancialInformationOfCompanyShareOfEquity
120050000 USD
CY2018Q4 ivtp Equity Method Investment Summarized Financial Information Of Company Share Of Equity
EquityMethodInvestmentSummarizedFinancialInformationOfCompanyShareOfEquity
185814000 USD
CY2019Q3 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
0 USD
CY2018Q4 us-gaap Equity Method Investment Difference Between Carrying Amount And Underlying Equity
EquityMethodInvestmentDifferenceBetweenCarryingAmountAndUnderlyingEquity
-29682000 USD
CY2019Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
120050000 USD
CY2018Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
156132000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
13277000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
44951000 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
15087000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
40024000 USD
CY2019Q3 ivtp Equity Method Investments Interest Expenseand Loan Cost Amortization
EquityMethodInvestmentsInterestExpenseandLoanCostAmortization
2630000 USD
CY2018Q3 ivtp Equity Method Investments Interest Expenseand Loan Cost Amortization
EquityMethodInvestmentsInterestExpenseandLoanCostAmortization
3434000 USD
ivtp Equity Method Investments Interest Expenseand Loan Cost Amortization
EquityMethodInvestmentsInterestExpenseandLoanCostAmortization
8418000 USD
ivtp Equity Method Investments Interest Expenseand Loan Cost Amortization
EquityMethodInvestmentsInterestExpenseandLoanCostAmortization
10240000 USD
CY2019Q3 ivtp Equity Method Investments Total Deprecationand Amortization Expense During Period
EquityMethodInvestmentsTotalDeprecationandAmortizationExpenseDuringPeriod
4687000 USD
CY2018Q3 ivtp Equity Method Investments Total Deprecationand Amortization Expense During Period
EquityMethodInvestmentsTotalDeprecationandAmortizationExpenseDuringPeriod
5124000 USD
ivtp Equity Method Investments Total Deprecationand Amortization Expense During Period
EquityMethodInvestmentsTotalDeprecationandAmortizationExpenseDuringPeriod
15626000 USD
ivtp Equity Method Investments Total Deprecationand Amortization Expense During Period
EquityMethodInvestmentsTotalDeprecationandAmortizationExpenseDuringPeriod
16401000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Operating Expenses Ground Rent And General And Administrative Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpensesGroundRentAndGeneralAndAdministrativeExpenses
4919000 USD
CY2018Q3 ivtp Equity Method Investment Summarized Financial Information Operating Expenses Ground Rent And General And Administrative Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpensesGroundRentAndGeneralAndAdministrativeExpenses
4766000 USD
ivtp Equity Method Investment Summarized Financial Information Operating Expenses Ground Rent And General And Administrative Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpensesGroundRentAndGeneralAndAdministrativeExpenses
14030000 USD
ivtp Equity Method Investment Summarized Financial Information Operating Expenses Ground Rent And General And Administrative Expenses
EquityMethodInvestmentSummarizedFinancialInformationOperatingExpensesGroundRentAndGeneralAndAdministrativeExpenses
15774000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Impairments
EquityMethodInvestmentSummarizedFinancialInformationImpairments
0 USD
CY2018Q3 ivtp Equity Method Investment Summarized Financial Information Impairments
EquityMethodInvestmentSummarizedFinancialInformationImpairments
1405000 USD
ivtp Equity Method Investment Summarized Financial Information Impairments
EquityMethodInvestmentSummarizedFinancialInformationImpairments
1443000 USD
ivtp Equity Method Investment Summarized Financial Information Impairments
EquityMethodInvestmentSummarizedFinancialInformationImpairments
3673000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
12236000 USD
CY2018Q3 ivtp Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
14729000 USD
ivtp Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
39517000 USD
ivtp Equity Method Investment Summarized Financial Information Expenses
EquityMethodInvestmentSummarizedFinancialInformationExpenses
46088000 USD
CY2019Q3 ivtp Net Income Loss Before Loss On Sale Of Real Estate
NetIncomeLossBeforeLossOnSaleOfRealEstate
1041000 USD
CY2018Q3 ivtp Net Income Loss Before Loss On Sale Of Real Estate
NetIncomeLossBeforeLossOnSaleOfRealEstate
358000 USD
ivtp Net Income Loss Before Loss On Sale Of Real Estate
NetIncomeLossBeforeLossOnSaleOfRealEstate
507000 USD
ivtp Net Income Loss Before Loss On Sale Of Real Estate
NetIncomeLossBeforeLossOnSaleOfRealEstate
-1137000 USD
CY2019Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
0 USD
CY2018Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
13000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-5540000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-3892000 USD
CY2019Q3 ivtp Equity Method Investment Summarized Financial Information Net Income Loss Net
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLossNet
1041000 USD
CY2018Q3 ivtp Equity Method Investment Summarized Financial Information Net Income Loss Net
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLossNet
371000 USD
ivtp Equity Method Investment Summarized Financial Information Net Income Loss Net
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLossNet
-5033000 USD
ivtp Equity Method Investment Summarized Financial Information Net Income Loss Net
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLossNet
-5029000 USD
CY2019Q3 ivtp Income Lossfrom Equity Method Investments Net Of Depreciation
IncomeLossfromEquityMethodInvestmentsNetOfDepreciation
572000 USD
CY2018Q3 ivtp Income Lossfrom Equity Method Investments Net Of Depreciation
IncomeLossfromEquityMethodInvestmentsNetOfDepreciation
-93000 USD
ivtp Income Lossfrom Equity Method Investments Net Of Depreciation
IncomeLossfromEquityMethodInvestmentsNetOfDepreciation
-4451000 USD
ivtp Income Lossfrom Equity Method Investments Net Of Depreciation
IncomeLossfromEquityMethodInvestmentsNetOfDepreciation
-3069000 USD
CY2019Q3 ivtp Distributionsin Excessofthe Carrying Valueofthe Investment
DistributionsinExcessoftheCarryingValueoftheInvestment
0 USD
CY2018Q3 ivtp Distributionsin Excessofthe Carrying Valueofthe Investment
DistributionsinExcessoftheCarryingValueoftheInvestment
50000 USD
ivtp Distributionsin Excessofthe Carrying Valueofthe Investment
DistributionsinExcessoftheCarryingValueoftheInvestment
0 USD
ivtp Distributionsin Excessofthe Carrying Valueofthe Investment
DistributionsinExcessoftheCarryingValueoftheInvestment
274000 USD
CY2019Q3 ivtp Equity Method Investment Outside Basis Adjustmentof Real Estate
EquityMethodInvestmentOutsideBasisAdjustmentofRealEstate
0 USD
CY2018Q3 ivtp Equity Method Investment Outside Basis Adjustmentof Real Estate
EquityMethodInvestmentOutsideBasisAdjustmentofRealEstate
0 USD
ivtp Equity Method Investment Outside Basis Adjustmentof Real Estate
EquityMethodInvestmentOutsideBasisAdjustmentofRealEstate
4403000 USD
ivtp Equity Method Investment Outside Basis Adjustmentof Real Estate
EquityMethodInvestmentOutsideBasisAdjustmentofRealEstate
0 USD
CY2019Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
572000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-43000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-48000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2795000 USD
CY2019Q3 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
573097000 USD
CY2019Q3 ivtp Number Of Interest Rate Swaps
NumberOfInterestRateSwaps
4 swap
CY2019Q3 ivtp Numberof Interest Rate Swapstobe Terminated
NumberofInterestRateSwapstobeTerminated
2 swap
CY2019Q3 ivtp Number Of Interest Rate Swaps
NumberOfInterestRateSwaps
4 swap
ivtp Numberof Retail Properties Impaired
NumberofRetailPropertiesImpaired
1 property
us-gaap Asset Impairment Charges
AssetImpairmentCharges
2359000 USD
CY2018Q3 ivtp Numberof Retail Properties Impaired
NumberofRetailPropertiesImpaired
2 property
CY2018Q3 us-gaap Asset Impairment Charges
AssetImpairmentCharges
2713000 USD
ivtp Numberof Retail Properties Impaired
NumberofRetailPropertiesImpaired
3 property
us-gaap Asset Impairment Charges
AssetImpairmentCharges
3510000 USD
CY2019Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
24926000 USD
CY2018Q3 us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
8947000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
35205000 USD
us-gaap Income Loss From Continuing Operations
IncomeLossFromContinuingOperations
66342000 USD
CY2019Q3 ivtp Undistributed Income Loss From Continuing Operations Allocatedto Unvested Shares
UndistributedIncomeLossFromContinuingOperationsAllocatedtoUnvestedShares
-50000 USD
CY2018Q3 ivtp Undistributed Income Loss From Continuing Operations Allocatedto Unvested Shares
UndistributedIncomeLossFromContinuingOperationsAllocatedtoUnvestedShares
0 USD
ivtp Undistributed Income Loss From Continuing Operations Allocatedto Unvested Shares
UndistributedIncomeLossFromContinuingOperationsAllocatedtoUnvestedShares
0 USD
ivtp Undistributed Income Loss From Continuing Operations Allocatedto Unvested Shares
UndistributedIncomeLossFromContinuingOperationsAllocatedtoUnvestedShares
-77000 USD
CY2019Q3 ivtp Undistributed Income Loss From Continuing Operations Allocatedto Common Stockholders
UndistributedIncomeLossFromContinuingOperationsAllocatedtoCommonStockholders
24876000 USD
CY2018Q3 ivtp Undistributed Income Loss From Continuing Operations Allocatedto Common Stockholders
UndistributedIncomeLossFromContinuingOperationsAllocatedtoCommonStockholders
8947000 USD
ivtp Undistributed Income Loss From Continuing Operations Allocatedto Common Stockholders
UndistributedIncomeLossFromContinuingOperationsAllocatedtoCommonStockholders
35205000 USD
ivtp Undistributed Income Loss From Continuing Operations Allocatedto Common Stockholders
UndistributedIncomeLossFromContinuingOperationsAllocatedtoCommonStockholders
66265000 USD
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
-25500000 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax Attributable To Reporting Entity
IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
0 USD
CY2019Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
728722763 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
768385770 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
728645975 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
772341263 shares
CY2019Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
733959 shares
CY2018Q3 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
921089 shares
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
575251 shares
CY2019Q3 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
2493000 USD
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
630524 shares
CY2019Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
729456722 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
769306859 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
729221226 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
772971787 shares
CY2019Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.03
CY2018Q3 us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.01
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.05
us-gaap Income Loss From Continuing Operations Per Basic And Diluted Share
IncomeLossFromContinuingOperationsPerBasicAndDilutedShare
0.09
CY2019Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
CY2018Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
-0.03
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic And Diluted Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicAndDilutedShare
0
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2018Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.09
CY2019Q3 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
7161000 USD
CY2019Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1289000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3454000 USD
CY2018Q3 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1103000 USD
us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
3187000 USD
us-gaap Gain Loss On Disposition Of Real Estate Discontinued Operations
GainLossOnDispositionOfRealEstateDiscontinuedOperations
-25500000 USD
CY2019Q3 ivtp Operating Lease Rightof Use Asset Accumulated Amortization
OperatingLeaseRightofUseAssetAccumulatedAmortization
407000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2290000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
1925000 USD
CY2019Q3 ivtp Finance Lease Rightof Use Asset Accumulated Amortization
FinanceLeaseRightofUseAssetAccumulatedAmortization
195000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
1310000 USD
CY2018Q4 us-gaap Capital Leased Assets Gross
CapitalLeasedAssetsGross
2097000 USD
CY2018Q4 us-gaap Capital Leases Lessee Balance Sheet Assets By Major Class Accumulated Deprecation
CapitalLeasesLesseeBalanceSheetAssetsByMajorClassAccumulatedDeprecation
104000 USD
CY2018Q4 us-gaap Capital Lease Obligations
CapitalLeaseObligations
1789000 USD
CY2019Q3 ivtp Minimum Operating Lease Payments
MinimumOperatingLeasePayments
166000 USD
ivtp Minimum Operating Lease Payments
MinimumOperatingLeasePayments
506000 USD
CY2019Q3 us-gaap Variable Lease Payment
VariableLeasePayment
30000 USD
us-gaap Variable Lease Payment
VariableLeasePayment
92000 USD
CY2019Q3 us-gaap Short Term Lease Payments
ShortTermLeasePayments
84000 USD
us-gaap Short Term Lease Payments
ShortTermLeasePayments
228000 USD
CY2019Q3 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
34000 USD
us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
104000 USD
CY2019Q3 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
15000 USD
us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
46000 USD
CY2019Q3 us-gaap Lease Cost
LeaseCost
329000 USD
us-gaap Lease Cost
LeaseCost
976000 USD
CY2019Q3 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P4Y10M24D
CY2019Q3 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y10M24D
CY2019Q3 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0444
CY2019Q3 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0350
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
125000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Remainder Of Fiscal Year
FinanceLeaseLiabilityPaymentsRemainderOfFiscalYear
150000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
587000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
493000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
471000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
480000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
443000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
279000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
455000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
21000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
470000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due After Year Five
FinanceLeaseLiabilityPaymentsDueAfterYearFive
0 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
2551000 USD
CY2019Q3 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
1423000 USD
CY2019Q3 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
261000 USD
CY2019Q3 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
113000 USD
CY2019Q3 us-gaap Operating Lease Liability
OperatingLeaseLiability
2290000 USD
CY2019Q3 us-gaap Finance Lease Liability
FinanceLeaseLiability
1310000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
717000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Current
CapitalLeasesFutureMinimumPaymentsDueCurrent
532000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
611000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Two Years
CapitalLeasesFutureMinimumPaymentsDueInTwoYears
532000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
494000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Three Years
CapitalLeasesFutureMinimumPaymentsDueInThreeYears
519000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
466000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Four Years
CapitalLeasesFutureMinimumPaymentsDueInFourYears
317000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
479000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due In Five Years
CapitalLeasesFutureMinimumPaymentsDueInFiveYears
40000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
1041000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due Thereafter
CapitalLeasesFutureMinimumPaymentsDueThereafter
0 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
3808000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Due
CapitalLeasesFutureMinimumPaymentsDue
1940000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Interest Included In Payments
CapitalLeasesFutureMinimumPaymentsInterestIncludedInPayments
151000 USD
CY2018Q4 us-gaap Capital Leases Future Minimum Payments Present Value Of Net Minimum Payments
CapitalLeasesFutureMinimumPaymentsPresentValueOfNetMinimumPayments
1789000 USD

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