2017 Q4 Form 10-Q Financial Statement

#000168979617000014 Filed on November 13, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q4
Revenue $156.4M $152.4M $122.0M
YoY Change 28.13% 23.5% 2.38%
Cost Of Revenue $81.50M $68.00M $43.70M
YoY Change 86.5% 46.24% -3.74%
Gross Profit $74.90M $84.30M $78.40M
YoY Change -4.46% 9.77% 6.23%
Gross Profit Margin 47.9% 55.33% 64.24%
Selling, General & Admin $18.60M $25.00M $2.000M
YoY Change 830.0% 129.36% -83.87%
% of Gross Profit 24.83% 29.66% 2.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $52.90M $45.10M $35.50M
YoY Change 49.01% 41.82% 0.85%
% of Gross Profit 70.63% 53.5% 45.28%
Operating Expenses $70.50M $241.1M $46.70M
YoY Change 50.96% 166.85% -1.06%
Operating Profit $4.400M -$88.74M $31.70M
YoY Change -86.12% -368.82% 19.17%
Interest Expense -$13.90M $15.31M -$12.40M
YoY Change 12.1% 17.51% 2.48%
% of Operating Profit -315.91% -39.12%
Other Income/Expense, Net
YoY Change
Pretax Income -$28.30M -$79.03M $15.60M
YoY Change -281.41% -470.73% -3.7%
Income Tax -$5.700M -$1.034M $200.0K
% Of Pretax Income 1.28%
Net Earnings -$18.75M -$69.83M $12.63M
YoY Change -248.47% -432.31% -21.06%
Net Earnings / Revenue -11.99% -45.84% 10.35%
Basic Earnings Per Share -$0.15 -$0.61 $0.13
Diluted Earnings Per Share -$0.15 -$0.61 $0.13
COMMON SHARES
Basic Shares Outstanding 118.0M shares 118.2M shares
Diluted Shares Outstanding 114.7M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $316.7M $367.9M $29.00M
YoY Change 992.07% 942.21% -61.33%
Cash & Equivalents $316.7M $367.9M $29.00M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $193.0M $196.2M $245.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $509.7M $564.1M $274.0M
YoY Change 86.02% 101.11% -10.37%
LONG-TERM ASSETS
Property, Plant & Equipment $5.006B $4.860B $3.225B
YoY Change 55.25% 51.36% 3.02%
Goodwill
YoY Change
Intangibles $126.5M $143.0M $3.063M
YoY Change 4028.86%
Long-Term Investments $261.8M $285.0M $49.80M
YoY Change 425.7% 205.14% 81.09%
Other Assets $140.8M $119.5M $102.6M
YoY Change 37.23% 23.45% 0.69%
Total Long-Term Assets $5.562B $5.451B $3.387B
YoY Change 64.24% 59.25% 3.56%
TOTAL ASSETS
Total Short-Term Assets $509.7M $564.1M $274.0M
Total Long-Term Assets $5.562B $5.451B $3.387B
Total Assets $6.072B $6.015B $3.661B
YoY Change 65.87% 62.42% 2.37%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $138.6M $131.6M $40.90M
YoY Change 238.88% 267.6% -24.4%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $183.3M $145.4M $40.90M
YoY Change 348.17% 306.15% -24.4%
LONG-TERM LIABILITIES
Long-Term Debt $2.204B $2.140B $1.448B
YoY Change 52.18% 50.54% 4.5%
Other Long-Term Liabilities $92.50M $87.00M $49.50M
YoY Change 86.87% 59.05% -35.21%
Total Long-Term Liabilities $2.296B $2.227B $1.498B
YoY Change 53.32% 50.86% 2.42%
TOTAL LIABILITIES
Total Short-Term Liabilities $183.3M $145.4M $40.90M
Total Long-Term Liabilities $2.296B $2.227B $1.498B
Total Liabilities $2.488B $2.372B $1.539B
YoY Change 61.69% 56.85% 1.43%
SHAREHOLDERS EQUITY
Retained Earnings -$95.81M -$28.83M $0.00
YoY Change
Common Stock $1.180M $1.180M $0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.971B $3.071B $2.122B
YoY Change
Total Liabilities & Shareholders Equity $6.072B $6.015B $3.661B
YoY Change 65.87% 62.42% 2.37%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q4
OPERATING ACTIVITIES
Net Income -$18.75M -$69.83M $12.63M
YoY Change -248.47% -432.31% -21.06%
Depreciation, Depletion And Amortization $52.90M $45.10M $35.50M
YoY Change 49.01% 41.82% 0.85%
Cash From Operating Activities $50.80M -$49.30M $58.10M
YoY Change -12.56% -569.52% 7.2%
INVESTING ACTIVITIES
Capital Expenditures -$94.70M -$61.20M -$52.40M
YoY Change 80.73% -1.13% -32.39%
Acquisitions
YoY Change
Other Investing Activities -$15.50M $219.8M -$2.300M
YoY Change 573.91% 8692.0% -866.67%
Cash From Investing Activities -$110.1M $158.6M -$54.70M
YoY Change 101.28% -367.0% -29.05%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 12.50M -8.300M -11.90M
YoY Change -205.04% -121.9% -116.78%
NET CHANGE
Cash From Operating Activities 50.80M -49.30M 58.10M
Cash From Investing Activities -110.1M 158.6M -54.70M
Cash From Financing Activities 12.50M -8.300M -11.90M
Net Change In Cash -46.80M 101.0M -8.500M
YoY Change 450.59% -1018.18% -117.71%
FREE CASH FLOW
Cash From Operating Activities $50.80M -$49.30M $58.10M
Capital Expenditures -$94.70M -$61.20M -$52.40M
Free Cash Flow $145.5M $11.90M $110.5M
YoY Change 31.67% -83.56% -16.1%

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DepreciationAndAmortization
43951000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
109726000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
99612000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
111684000 USD
CY2016Q4 us-gaap Development In Process
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151333000 USD
CY2017Q3 us-gaap Development In Process
DevelopmentInProcess
906680000 USD
CY2016Q4 us-gaap Due From Related Parties
DueFromRelatedParties
75062000 USD
CY2017Q3 us-gaap Due From Related Parties
DueFromRelatedParties
0 USD
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
283232000 USD
CY2017Q3 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
0 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.21
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.49
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.61
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.55
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.21
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.49
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.61
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.55
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
1253664000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
343000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Minority Interest
EquityMethodInvestmentSummarizedFinancialInformationMinorityInterest
343000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
2607000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
5083000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1020000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
1149000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
598239000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
3446348000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
270034000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Equity Or Capital
EquityMethodInvestmentSummarizedFinancialInformationEquityOrCapital
2192341000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities
EquityMethodInvestmentSummarizedFinancialInformationLiabilities
327862000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-5191000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-414000 USD
CY2016Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
16364000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
51066000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
46830000 USD
us-gaap Equity Method Investment Summarized Financial Information Revenue
EquityMethodInvestmentSummarizedFinancialInformationRevenue
83387000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
12908000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
19524000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
15119000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
5312000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
6664000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
10105000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
12032000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
15971000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
162524000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
3063000 USD
CY2017Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
143000000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-689000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-689000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
71747000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
209126000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
79223000 USD
us-gaap Income Loss From Continuing Operations Attributable To Noncontrolling Entity
IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity
218741000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
21316000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
50228000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-79025000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-60649000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
584000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-952000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1679000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1365000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
302000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
884000 USD
us-gaap Increase Decrease In Restricted Cash
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798000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1034000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-317000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
1087000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
3681000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
2177000 USD
us-gaap Increase Decrease In Accounts And Notes Receivable
IncreaseDecreaseInAccountsAndNotesReceivable
3617000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4091000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
19077000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
19762000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
32884000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-19427000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-817000 USD
us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-3234000 USD
CY2016Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
3063000 USD
CY2017Q3 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
143000000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
13028000 USD
us-gaap Interest Expense
InterestExpense
38662000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
15309000 USD
us-gaap Interest Expense
InterestExpense
43813000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3690000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
2285000 USD
us-gaap Interest Paid Net
InterestPaidNet
37540000 USD
us-gaap Interest Paid Net
InterestPaidNet
45354000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3064466000 USD
CY2017Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3662853000 USD
CY2016Q3 us-gaap Investment Income Net
InvestmentIncomeNet
749000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
2292000 USD
CY2017Q3 us-gaap Investment Income Net
InvestmentIncomeNet
-379000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
1366000 USD
CY2016Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
939592000 USD
CY2017Q3 us-gaap Land And Land Improvements
LandAndLandImprovements
1272997000 USD
CY2016Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
41749000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
118799000 USD
CY2017Q3 us-gaap Lease And Rental Expense
LeaseAndRentalExpense
46828000 USD
us-gaap Lease And Rental Expense
LeaseAndRentalExpense
125319000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1538656000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
2372215000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3660640000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6015027000 USD
CY2017Q3 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
5800000 shares
CY2017Q3 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
19800000 shares
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2017Q3 us-gaap Line Of Credit
LineOfCredit
115751000 USD
CY2016Q3 us-gaap Management Fee Expense
ManagementFeeExpense
4779000 USD
us-gaap Management Fee Expense
ManagementFeeExpense
14272000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
116458000 USD
CY2017Q3 us-gaap Management Fee Expense
ManagementFeeExpense
21178000 USD
us-gaap Management Fee Expense
ManagementFeeExpense
30362000 USD
CY2016Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
8297000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
24617000 USD
CY2017Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
25141000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
38881000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
295000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
4402000 USD
us-gaap Minority Interest Change In Redemption Value
MinorityInterestChangeInRedemptionValue
-97084000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
14000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
63040000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
227319000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-204105000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
88184000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101383000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
23393000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
21014000 USD
us-gaap Net Income Loss
NetIncomeLoss
49344000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
-69831000 USD
us-gaap Net Income Loss
NetIncomeLoss
-57851000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
0 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-8160000 USD
us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
-2481000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
3987000 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
3 segment
CY2017Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
69 property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 segment
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
90346000 USD
us-gaap Operating Expenses
OperatingExpenses
268930000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
241090000 USD
us-gaap Operating Expenses
OperatingExpenses
430561000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
33011000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
87550000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
-88740000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
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CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
868284000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
387636000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
195750000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
234005000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
277278000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
310230000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
133025000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
103265000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
299497000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
316899000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
112955000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
288391000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
8345000 USD
CY2017Q3 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
21508000 USD
CY2017Q3 us-gaap Other Commitment
OtherCommitment
50600000 USD
CY2016Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
10913000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
36040000 USD
CY2017Q3 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
10593000 USD
us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
35536000 USD
CY2016Q3 us-gaap Other Income
OtherIncome
1564000 USD
us-gaap Other Income
OtherIncome
3938000 USD
CY2017Q3 us-gaap Other Income
OtherIncome
1158000 USD
us-gaap Other Income
OtherIncome
3701000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
49487000 USD
CY2017Q3 us-gaap Other Liabilities
OtherLiabilities
100774000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-3592000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-6466000 USD
CY2016Q4 us-gaap Other Receivables
OtherReceivables
11314000 USD
CY2017Q3 us-gaap Other Receivables
OtherReceivables
23835000 USD
CY2016Q4 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
192000 USD
CY2017Q3 us-gaap Other Sundry Liabilities
OtherSundryLiabilities
2224000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
37000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
18686000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
185439000 USD
us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
115922000 USD
CY2017Q3 us-gaap Payments To Acquire Land
PaymentsToAcquireLand
19500000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
1935000 USD
us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
3531000 USD
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
19965000 USD
us-gaap Payments To Acquire Real Estate And Real Estate Joint Ventures
PaymentsToAcquireRealEstateAndRealEstateJointVentures
1441000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
7000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
14000 USD
CY2017Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
2199000 USD
CY2017Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
21942000 USD
CY2016Q3 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
2000000 USD
CY2016 us-gaap Prior Period Reclassification Adjustment
PriorPeriodReclassificationAdjustment
6000000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
50934000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
32955000 USD
us-gaap Proceeds From Contributions From Affiliates
ProceedsFromContributionsFromAffiliates
160203000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
134000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
407769000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
39000000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
4000000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
21014000 USD
us-gaap Profit Loss
ProfitLoss
49344000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
-77991000 USD
us-gaap Profit Loss
ProfitLoss
-60332000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
618000 USD
CY2017Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1100000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1808000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1800000 USD
CY2017Q3 us-gaap Purchase Obligation
PurchaseObligation
707800000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
930769000 USD
CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
982454000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4155391000 USD
CY2017Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
5842530000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3224622000 USD
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
4860076000 USD
CY2016Q4 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
45776000 USD
CY2017Q3 us-gaap Real Estate Investments Unconsolidated Real Estate And Other Joint Ventures
RealEstateInvestmentsUnconsolidatedRealEstateAndOtherJointVentures
284986000 USD
CY2016Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
14462000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
43712000 USD
CY2017Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
17194000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
47978000 USD
CY2016Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
0 USD
CY2017Q3 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
567001000 USD
us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
0 USD
us-gaap Repayment Of Notes Receivable From Related Parties
RepaymentOfNotesReceivableFromRelatedParties
75000000 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
0 USD
us-gaap Repayments Of Long Term Capital Lease Obligations
RepaymentsOfLongTermCapitalLeaseObligations
17776000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
8871000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
192681000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
115630000 USD
CY2016Q4 us-gaap Restricted Cash
RestrictedCash
3263000 USD
CY2017Q3 us-gaap Restricted Cash
RestrictedCash
17521000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
0 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-28827000 USD
CY2016Q3 us-gaap Revenues
Revenues
123357000 USD
us-gaap Revenues
Revenues
356480000 USD
CY2017Q3 us-gaap Revenues
Revenues
152350000 USD
us-gaap Revenues
Revenues
386642000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
113496000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
327925000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
126051000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
344060000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
1165014000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
1977674000 USD
CY2016Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
10324000 USD
CY2017Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
13795000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3486000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
17164000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P5Y
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
864918000 USD
us-gaap Stock Issued During Period Value Employee Benefit Plan
StockIssuedDuringPeriodValueEmployeeBenefitPlan
1526000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2332402000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
96632000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2121689000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
3071409000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2121984000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3075811000 USD
us-gaap Stockholders Equity Note Spinoff Transaction
StockholdersEquityNoteSpinoffTransaction
334843000 USD
us-gaap Straight Line Rent
StraightLineRent
10772000 USD
us-gaap Straight Line Rent
StraightLineRent
9249000 USD
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
0 USD
us-gaap Temporary Equity Accretion To Redemption Value
TemporaryEquityAccretionToRedemptionValue
97084000 USD
us-gaap Temporary Equity Net Income
TemporaryEquityNetIncome
-2481000 USD
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
0 USD
us-gaap Temporary Equity Stock Issued During Period Value New Issues
TemporaryEquityStockIssuedDuringPeriodValueNewIssues
96632000 USD
CY2016Q3 us-gaap Tenant Reimbursements
TenantReimbursements
10231000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
28428000 USD
CY2017Q3 us-gaap Tenant Reimbursements
TenantReimbursements
9593000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
27161000 USD
us-gaap Transfer Mortgage Payable
TransferMortgagePayable
115022000 USD
us-gaap Transfer Mortgage Payable
TransferMortgagePayable
0 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
467000 USD
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
0 USD
CY2017Q3 us-gaap Unsecured Debt
UnsecuredDebt
46389000 USD
CY2016Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
100571000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
100571000 shares
CY2017Q3 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
114744000 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
105347000 shares
us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivative Financial Instruments and Hedge Accounting</font></div><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Derivative financial instruments are used at times to manage exposure to variable interest rate risk. Derivative financial instruments, consisting of interest rate swaps and caps, are considered economic hedges, but not designated as accounting hedges, and are carried at their estimated fair value on a recurring basis. Realized and unrealized gains are recorded in "Interest and other (loss) income, net" in the statements of operations in the period in which the change occurs.</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:16px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the financial statements in conformity with GAAP requires management 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 financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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