2018 Q3 Form 10-Q Financial Statement
#000128604318000132 Filed on November 02, 2018
Income Statement
Concept | 2018 Q3 | 2017 Q3 |
---|---|---|
Revenue | $85.75M | $87.14M |
YoY Change | -1.6% | -2.23% |
Cost Of Revenue | $23.30M | $22.69M |
YoY Change | 2.69% | 0.35% |
Gross Profit | $62.45M | $64.45M |
YoY Change | -3.1% | -3.11% |
Gross Profit Margin | 72.83% | 73.96% |
Selling, General & Admin | $4.870M | $5.430M |
YoY Change | -10.31% | 6.89% |
% of Gross Profit | 7.8% | 8.43% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $36.86M | $42.79M |
YoY Change | -13.87% | -6.04% |
% of Gross Profit | 59.02% | 66.4% |
Operating Expenses | $65.02M | $70.91M |
YoY Change | -8.31% | -3.17% |
Operating Profit | $20.55M | $16.23M |
YoY Change | 26.62% | 2.12% |
Interest Expense | $16.06M | $16.37M |
YoY Change | -1.92% | -4.48% |
% of Operating Profit | 78.14% | 100.88% |
Other Income/Expense, Net | -$379.0K | -$94.00K |
YoY Change | 303.19% | |
Pretax Income | $4.290M | -$240.0K |
YoY Change | -1887.5% | -80.8% |
Income Tax | -$27.00K | -$33.00K |
% Of Pretax Income | -0.63% | |
Net Earnings | $3.938M | -$204.0K |
YoY Change | -2030.39% | -87.87% |
Net Earnings / Revenue | 4.59% | -0.23% |
Basic Earnings Per Share | ||
Diluted Earnings Per Share | $47.03K | -$0.01 |
COMMON SHARES | ||
Basic Shares Outstanding | 83.71M shares | 83.59M shares |
Diluted Shares Outstanding | 83.77M shares | 83.59M shares |
Balance Sheet
Concept | 2018 Q3 | 2017 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $30.70M | $32.50M |
YoY Change | -5.54% | 12.85% |
Cash & Equivalents | $30.71M | $32.47M |
Short-Term Investments | ||
Other Short-Term Assets | $17.40M | $12.80M |
YoY Change | 35.94% | 18.52% |
Inventory | ||
Prepaid Expenses | ||
Receivables | $57.10M | $53.30M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $105.2M | $98.60M |
YoY Change | 6.69% | 9.56% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $3.052B | $3.320B |
YoY Change | -8.09% | -3.99% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | $13.84M | |
YoY Change | ||
Other Assets | $115.1M | $124.5M |
YoY Change | -7.55% | 71.25% |
Total Long-Term Assets | $3.181B | $3.445B |
YoY Change | -7.67% | -4.34% |
TOTAL ASSETS | ||
Total Short-Term Assets | $105.2M | $98.60M |
Total Long-Term Assets | $3.181B | $3.445B |
Total Assets | $3.286B | $3.543B |
YoY Change | -7.27% | -4.0% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $98.50M | $101.6M |
YoY Change | -3.05% | 8.78% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $0.00 |
YoY Change | ||
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $98.50M | $101.6M |
YoY Change | -3.05% | 8.78% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $1.578B | $1.682B |
YoY Change | -6.15% | -2.92% |
Other Long-Term Liabilities | $82.70M | $101.1M |
YoY Change | -18.2% | -16.17% |
Total Long-Term Liabilities | $1.661B | $1.783B |
YoY Change | -6.83% | -3.78% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $98.50M | $101.6M |
Total Long-Term Liabilities | $1.661B | $1.783B |
Total Liabilities | $1.760B | $1.884B |
YoY Change | -6.62% | -3.19% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | -$604.9M | -$485.6M |
YoY Change | 24.57% | 22.2% |
Common Stock | $837.0K | $836.0K |
YoY Change | 0.12% | 0.12% |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.478B | $1.585B |
YoY Change | ||
Total Liabilities & Shareholders Equity | $3.286B | $3.543B |
YoY Change | -7.27% | -4.0% |
Cashflow Statement
Concept | 2018 Q3 | 2017 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $3.938M | -$204.0K |
YoY Change | -2030.39% | -87.87% |
Depreciation, Depletion And Amortization | $36.86M | $42.79M |
YoY Change | -13.87% | -6.04% |
Cash From Operating Activities | $37.00M | $42.70M |
YoY Change | -13.35% | 7.29% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$12.70M | -$26.70M |
YoY Change | -52.43% | 10.33% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | -$1.800M | $8.300M |
YoY Change | -121.69% | 336.84% |
Cash From Investing Activities | -$14.50M | -$18.40M |
YoY Change | -21.2% | -17.49% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | ||
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | -24.80M | -19.70M |
YoY Change | 25.89% | -25.94% |
NET CHANGE | ||
Cash From Operating Activities | 37.00M | 42.70M |
Cash From Investing Activities | -14.50M | -18.40M |
Cash From Financing Activities | -24.80M | -19.70M |
Net Change In Cash | -2.300M | 4.600M |
YoY Change | -150.0% | -150.55% |
FREE CASH FLOW | ||
Cash From Operating Activities | $37.00M | $42.70M |
Capital Expenditures | -$12.70M | -$26.70M |
Free Cash Flow | $49.70M | $69.40M |
YoY Change | -28.39% | 8.44% |
Facts In Submission
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---|---|---|---|---|
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Q3 | ||
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Document Fiscal Year Focus
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2018 | ||
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Document Period End Date
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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Depreciation Depletion And Amortization
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Derivative Average Cap Interest Rate
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|
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Earnings Per Share Basic And Diluted
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|
-0.01 | |
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0.11 | ||
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Earnings Per Share Basic And Diluted
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0.05 | |
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Earnings Per Share Basic And Diluted
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|
-0.18 | ||
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Equity Method Investments
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|
3900000 | USD |
CY2018Q3 | us-gaap |
Equity Method Investments
EquityMethodInvestments
|
13836000 | USD |
CY2017Q4 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
107668000 | USD |
CY2018Q3 | us-gaap |
Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
87133000 | USD |
CY2017Q4 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
8453000 | USD |
CY2018Q3 | us-gaap |
Fixtures And Equipment Gross
FixturesAndEquipmentGross
|
9151000 | USD |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
15160000 | USD | |
us-gaap |
Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
|
8329000 | USD | |
CY2017Q3 | us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
0 | USD |
us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
15160000 | USD | |
CY2018Q3 | us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
0 | USD |
us-gaap |
Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
|
8329000 | USD | |
CY2017Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
5431000 | USD |
CY2018Q3 | us-gaap |
Minority Interest
MinorityInterest
|
698000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16389000 | USD | |
CY2018Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
4865000 | USD |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
16364000 | USD | |
CY2017Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-204000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-4067000 | USD | |
CY2018Q3 | us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
4317000 | USD |
us-gaap |
Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
|
-23071000 | USD | |
CY2017Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-33000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-64000 | USD | |
CY2018Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-27000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-78000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
11035000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
12814000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
1391000 | USD | |
us-gaap |
Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
|
2894000 | USD | |
CY2017Q3 | us-gaap |
Interest Expense
InterestExpense
|
16372000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
49250000 | USD | |
CY2018Q3 | us-gaap |
Interest Expense
InterestExpense
|
16058000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
49141000 | USD | |
CY2017Q4 | us-gaap |
Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
|
2400000 | USD |
CY2018Q3 | us-gaap |
Interest Rate Fair Value Hedge Derivative At Fair Value Net
InterestRateFairValueHedgeDerivativeAtFairValueNet
|
5800000 | USD |
CY2017Q4 | us-gaap |
Land Available For Development
LandAvailableForDevelopment
|
31142000 | USD |
CY2018Q3 | us-gaap |
Land Available For Development
LandAvailableForDevelopment
|
31142000 | USD |
CY2018Q3 | us-gaap |
Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
|
4100000 | USD |
CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
1874285000 | USD |
CY2018Q3 | us-gaap |
Liabilities
Liabilities
|
1759588000 | USD |
CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3512498000 | USD |
CY2018Q3 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
3285884000 | USD |
CY2017Q4 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
1974830 | shares |
CY2018Q3 | us-gaap |
Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
|
2048849 | shares |
CY2017Q4 | us-gaap |
Long Term Debt
LongTermDebt
|
1699239000 | USD |
CY2018Q3 | us-gaap |
Long Term Debt
LongTermDebt
|
1578328000 | USD |
CY2018Q3 | us-gaap |
Longterm Debt Percentage Bearing Fixed Interest Amount
LongtermDebtPercentageBearingFixedInterestAmount
|
1100000000 | USD |
CY2018Q3 | us-gaap |
Longterm Debt Percentage Bearing Variable Interest Amount
LongtermDebtPercentageBearingVariableInterestAmount
|
496800000 | USD |
CY2016Q4 | us-gaap |
Minority Interest
MinorityInterest
|
692000 | USD |
CY2017Q3 | us-gaap |
Minority Interest
MinorityInterest
|
698000 | USD |
CY2017Q4 | us-gaap |
Minority Interest
MinorityInterest
|
698000 | USD |
CY2017Q4 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
72104000 | USD |
CY2018Q3 | us-gaap |
Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
|
47426000 | USD |
us-gaap |
Minority Interest Period Increase Decrease
MinorityInterestPeriodIncreaseDecrease
|
704000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-132556000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-213788000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
21142000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
103595000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
123845000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
119033000 | USD | |
us-gaap |
Net Income Loss
NetIncomeLoss
|
-15346000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
418000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
1528000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
379000 | USD |
us-gaap |
Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
|
604000 | USD | |
CY2017Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-622000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
9565000 | USD | |
CY2018Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
3938000 | USD |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
-15346000 | USD | |
CY2017Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-94000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-314000 | USD | |
CY2018Q3 | us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-379000 | USD |
us-gaap |
Nonoperating Income Expense
NonoperatingIncomeExpense
|
-643000 | USD | |
CY2018Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
2 | property |
CY2017Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
70909000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
224467000 | USD | |
CY2018Q3 | us-gaap |
Operating Expenses
OperatingExpenses
|
65020000 | USD |
us-gaap |
Operating Expenses
OperatingExpenses
|
240610000 | USD | |
CY2017Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
16229000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
45433000 | USD | |
CY2018Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
20727000 | USD |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
26635000 | USD | |
CY2017Q3 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
67585000 | USD |
us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
204926000 | USD | |
CY2018Q3 | us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
65328000 | USD |
us-gaap |
Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
202475000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
2710000 | USD | |
CY2017Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
322000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
1398000 | USD | |
CY2018Q3 | us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
53000 | USD |
us-gaap |
Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
2780000 | USD | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
133206000 | USD | |
us-gaap |
Other Depreciation And Amortization
OtherDepreciationAndAmortization
|
118085000 | USD | |
CY2017Q4 | us-gaap |
Other Liabilities
OtherLiabilities
|
96564000 | USD |
CY2018Q3 | us-gaap |
Other Liabilities
OtherLiabilities
|
82723000 | USD |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
3593000 | USD | |
us-gaap |
Other Operating Income
OtherOperatingIncome
|
2322000 | USD | |
us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
-6677000 | USD | |
us-gaap |
Payments For Construction In Process
PaymentsForConstructionInProcess
|
644000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
808000 | USD | |
us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
350000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
75841000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
79722000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
3086000 | USD | |
us-gaap |
Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
|
2919000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
0 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
9973000 | USD | |
us-gaap |
Payments Of Loan Costs
PaymentsOfLoanCosts
|
2865000 | USD | |
us-gaap |
Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
|
0 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
61611000 | USD | |
us-gaap |
Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
|
47287000 | USD | |
CY2017Q4 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
12465000 | USD |
CY2018Q3 | us-gaap |
Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
|
17371000 | USD |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
0 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
59000 | USD | |
us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
69700000 | USD | |
us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
127000000 | USD | |
us-gaap |
Proceeds From Loans
ProceedsFromLoans
|
127000000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
76076000 | USD | |
us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
161499000 | USD | |
CY2017Q3 | us-gaap |
Profit Loss
ProfitLoss
|
-204000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
11093000 | USD | |
CY2018Q3 | us-gaap |
Profit Loss
ProfitLoss
|
4317000 | USD |
us-gaap |
Profit Loss
ProfitLoss
|
-14742000 | USD | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
2409000 | USD | |
us-gaap |
Provision For Other Credit Losses
ProvisionForOtherCreditLosses
|
1714000 | USD | |
CY2017Q4 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
664614000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
|
700728000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
3957884000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
3752472000 | USD |
CY2017Q4 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
3293270000 | USD |
CY2018Q3 | us-gaap |
Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
|
3051744000 | USD |
CY2017Q3 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
10826000 | USD |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
32384000 | USD | |
CY2018Q3 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
11205000 | USD |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
32351000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
118771000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
245000000 | USD | |
us-gaap |
Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
|
244991000 | USD | |
CY2017Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
8878000 | USD |
CY2017Q4 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
8094000 | USD |
CY2018Q3 | us-gaap |
Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
|
10307000 | USD |
CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-509833000 | USD |
CY2018Q3 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
-604917000 | USD |
CY2017Q3 | us-gaap |
Revenues
Revenues
|
87138000 | USD |
us-gaap |
Revenues
Revenues
|
269900000 | USD | |
CY2018Q3 | us-gaap |
Revenues
Revenues
|
85747000 | USD |
us-gaap |
Revenues
Revenues
|
267245000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4869000 | USD | |
us-gaap |
Share Based Compensation
ShareBasedCompensation
|
4015000 | USD | |
us-gaap |
Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
|
4431000 | USD | |
CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1565411000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity
StockholdersEquity
|
1478172000 | USD |
CY2017Q4 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1566109000 | USD |
CY2018Q3 | us-gaap |
Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
1478870000 | USD |
us-gaap |
Straight Line Rent
StraightLineRent
|
2031000 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
744000 | USD | |
CY2018Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Assets
VariableInterestEntityConsolidatedCarryingAmountAssets
|
444200000 | USD |
CY2018Q3 | us-gaap |
Variable Interest Entity Consolidated Carrying Amount Liabilities
VariableInterestEntityConsolidatedCarryingAmountLiabilities
|
205700000 | USD |
us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
2000000 | shares | |
us-gaap |
Weighted Average Limited Partnership Units Outstanding
WeightedAverageLimitedPartnershipUnitsOutstanding
|
2000000 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83594163 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83689590 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83767655 | shares |
us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
83670038 | shares | |
CY2017Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83594163 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83581847 | shares | |
CY2018Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83706704 | shares |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
83670038 | shares | |
us-gaap |
Nature Of Operations
NatureOfOperations
|
<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;">Organization</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"> </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Kite Realty Group Trust (the "Parent Company"), through its majority-owned subsidiary, Kite Realty Group, L.P. (the “Operating Partnership”), owns interests in various operating subsidiaries and joint ventures engaged in the ownership and operation, acquisition, development and redevelopment of high-quality neighborhood and community shopping centers in select markets in the United States. The terms "Company," "we," "us," and "our" refer to the Parent Company and the Operating Partnership, collectively, and those entities owned or controlled by the Parent Company and/or the Operating Partnership.</font></div><div style="line-height:120%;text-align:left;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Operating Partnership was formed on August 16, 2004, when the Parent Company contributed properties and the net proceeds from an initial public offering of shares of its common stock to the Operating Partnership. The Parent Company was organized in Maryland in 2004 to succeed in the development, acquisition, construction and real estate businesses of its predecessor. We believe the Company qualifies as a real estate investment trust (a “REIT”) under provisions of the Internal Revenue Code of 1986, as amended. </font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Parent Company is the sole general partner of the Operating Partnership, and as of </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;"> owned approximately </font><font style="font-family:inherit;font-size:10pt;">97.6%</font><font style="font-family:inherit;font-size:10pt;"> of the common partnership interests in the Operating Partnership (“General Partner Units”). The remaining </font><font style="font-family:inherit;font-size:10pt;">2.4%</font><font style="font-family:inherit;font-size:10pt;"> of the common partnership interests (“Limited Partner Units” and, together with the General Partner Units, the “Common Units”) were owned by the limited partners. As the sole general partner of the Operating Partnership, the Parent Company has full, exclusive and complete responsibility and discretion in the day-to-day management and control of the Operating Partnership. The Parent Company and the Operating Partnership are operated as one enterprise. The management of the Parent Company consists of the same members as the management of the Operating Partnership. As the sole general partner with control of the Operating Partnership, the Parent Company consolidates the Operating Partnership for financial reporting purposes, and the Parent Company does not have any significant assets other than its investment in the Operating Partnership. </font></div><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:justify;text-indent:36px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">At </font><font style="font-family:inherit;font-size:10pt;">September 30, 2018</font><font style="font-family:inherit;font-size:10pt;">, we owned interests in </font><font style="font-family:inherit;font-size:10pt;">115</font><font style="font-family:inherit;font-size:10pt;"> operating and redevelopment properties totaling approximately </font><font style="font-family:inherit;font-size:10pt;">22.4 million</font><font style="font-family:inherit;font-size:10pt;"> square feet. We also owned </font><font style="font-family:inherit;font-size:10pt;">one</font><font style="font-family:inherit;font-size:10pt;"> development project under construction as of this date. Of the </font><font style="font-family:inherit;font-size:10pt;">115</font><font style="font-family:inherit;font-size:10pt;"> properties, </font><font style="font-family:inherit;font-size:10pt;">112</font><font style="font-family:inherit;font-size:10pt;"> are consolidated in these financial statements and the remaining </font><font style="font-family:inherit;font-size:10pt;">three</font><font style="font-family:inherit;font-size:10pt;"> are accounted for under the equity method.</font></div></div> |