2017 Q3 Form 10-Q Financial Statement

#000149524017000013 Filed on August 08, 2017

View on sec.gov

Income Statement

Concept 2017 Q3 2017 Q2 2016 Q2
Revenue $6.564M $5.996M $4.244M
YoY Change 46.88% 41.28% 52.45%
Cost Of Revenue $780.0K $770.0K $540.0K
YoY Change 41.82% 42.59% 12.5%
Gross Profit $5.780M $5.220M $3.700M
YoY Change 47.45% 41.08% 60.87%
Gross Profit Margin 88.06% 87.06% 87.18%
Selling, General & Admin $850.0K $680.0K $750.0K
YoY Change 51.79% -9.33% 47.06%
% of Gross Profit 14.71% 13.03% 20.27%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.051M $1.599M $1.335M
YoY Change 43.23% 19.78% 87.55%
% of Gross Profit 35.48% 30.63% 36.08%
Operating Expenses $3.645M $3.090M $2.650M
YoY Change 36.86% 16.59% 40.29%
Operating Profit $2.919M $2.906M $1.594M
YoY Change 61.63% 82.31% 78.17%
Interest Expense $2.634M $2.193M $1.487M
YoY Change 69.5% 47.48% 56.96%
% of Operating Profit 90.24% 75.46% 93.29%
Other Income/Expense, Net -$3.166M -$2.651M -$1.478M
YoY Change 78.77% 79.36% 59.79%
Pretax Income -$250.0K $260.0K $115.9K
YoY Change -822.52% 124.41% -482.52%
Income Tax
% Of Pretax Income
Net Earnings -$221.0K $227.0K $108.0K
YoY Change -790.63% 110.19% -456.57%
Net Earnings / Revenue -3.37% 3.79% 2.54%
Basic Earnings Per Share
Diluted Earnings Per Share -$17.93K $19.41K $11.01K
COMMON SHARES
Basic Shares Outstanding 12.01M shares 11.85M shares 9.993M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q3 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.800M $2.800M $2.100M
YoY Change 58.33% 33.33% -34.38%
Cash & Equivalents $3.758M $2.766M $2.077M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $3.800M $2.800M $2.100M
YoY Change 58.33% 33.33% -34.38%
LONG-TERM ASSETS
Property, Plant & Equipment $444.4M $405.2M $268.6M
YoY Change 43.73% 50.86% 48.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $200.0K $200.0K $100.0K
YoY Change 100.0% 100.0% -92.31%
Total Long-Term Assets $452.8M $414.2M $273.1M
YoY Change 44.23% 51.68% 46.81%
TOTAL ASSETS
Total Short-Term Assets $3.800M $2.800M $2.100M
Total Long-Term Assets $452.8M $414.2M $273.1M
Total Assets $456.6M $417.0M $275.2M
YoY Change 44.34% 51.54% 45.43%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.400M $4.700M $3.900M
YoY Change 100.0% 20.51% 34.48%
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 $5.400M $5.500M $4.600M
YoY Change 92.86% 19.57% 31.43%
LONG-TERM LIABILITIES
Long-Term Debt $323.2M $299.8M $180.5M
YoY Change 48.26% 66.09% 63.35%
Other Long-Term Liabilities $9.000M $7.300M $7.800M
YoY Change 1.12% -6.41% 136.36%
Total Long-Term Liabilities $332.2M $307.1M $188.3M
YoY Change 46.41% 63.09% 65.47%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.400M $5.500M $4.600M
Total Long-Term Liabilities $332.2M $307.1M $188.3M
Total Liabilities $337.6M $312.5M $193.0M
YoY Change 46.92% 61.98% 64.48%
SHAREHOLDERS EQUITY
Retained Earnings -$17.80M -$15.94M -$10.99M
YoY Change 45.94% 45.06% 51.42%
Common Stock $126.9M $109.0M $87.50M
YoY Change 41.93% 24.6% 10.55%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $109.1M $93.09M $76.52M
YoY Change
Total Liabilities & Shareholders Equity $456.6M $417.0M $275.2M
YoY Change 44.34% 51.54% 45.43%

Cashflow Statement

Concept 2017 Q3 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income -$221.0K $227.0K $108.0K
YoY Change -790.63% 110.19% -456.57%
Depreciation, Depletion And Amortization $2.051M $1.599M $1.335M
YoY Change 43.23% 19.78% 87.55%
Cash From Operating Activities $2.990M $1.930M $2.740M
YoY Change 218.09% -29.56% 104.48%
INVESTING ACTIVITIES
Capital Expenditures -$39.85M -$30.57M -$21.33M
YoY Change 7.59% 43.32% 28.49%
Acquisitions
YoY Change
Other Investing Activities -$300.0K -$350.0K -$150.0K
YoY Change 233.33% 133.33% -71.7%
Cash From Investing Activities -$40.15M -$30.92M -$21.48M
YoY Change 8.13% 43.95% 25.39%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 38.15M 29.29M 18.63M
YoY Change 4.52% 57.22% 11.09%
NET CHANGE
Cash From Operating Activities 2.990M 1.930M 2.740M
Cash From Investing Activities -40.15M -30.92M -21.48M
Cash From Financing Activities 38.15M 29.29M 18.63M
Net Change In Cash 990.0K 300.0K -110.0K
YoY Change 219.35% -372.73% -111.22%
FREE CASH FLOW
Cash From Operating Activities $2.990M $1.930M $2.740M
Capital Expenditures -$39.85M -$30.57M -$21.33M
Free Cash Flow $42.84M $32.50M $24.07M
YoY Change 12.8% 35.02% 34.17%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
land Debt Instrument Weighted Average Interest Rate
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land Percentage Of Area Of Land
PercentageOfAreaOfLand
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land Percentage Of Area Of Land
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dei Document Period End Date
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2017-06-30
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DocumentType
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12000 USD
CY2016Q4 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
239000 USD
CY2017Q2 us-gaap Debt Issuance Costs Line Of Credit Arrangements Net
DebtIssuanceCostsLineOfCreditArrangementsNet
217000 USD
CY2016Q2 us-gaap Depreciation
Depreciation
1100000 USD
us-gaap Depreciation
Depreciation
1900000 USD
CY2017Q2 us-gaap Depreciation
Depreciation
1400000 USD
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1335000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
2312000 USD
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
1599000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
3071000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
122000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
376000 USD
CY2016Q2 us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
0 USD
us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
0 USD
CY2017Q2 us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
-458000 USD
us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
-917000 USD
CY2016Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
751000 USD
CY2017Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
836000 USD
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2017Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.03
CY2016Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
2000000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
5905000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
395000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
794000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
387000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
834000 USD
CY2016Q2 us-gaap Incentive Fee Expense
IncentiveFeeExpense
159000 USD
us-gaap Incentive Fee Expense
IncentiveFeeExpense
159000 USD
CY2017Q2 us-gaap Incentive Fee Expense
IncentiveFeeExpense
76000 USD
us-gaap Incentive Fee Expense
IncentiveFeeExpense
427000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
522000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1318000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-10000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-48000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
3729000 USD
us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
-307000 USD
CY2016Q2 us-gaap Interest Expense
InterestExpense
1487000 USD
us-gaap Interest Expense
InterestExpense
2741000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
2193000 USD
us-gaap Interest Expense
InterestExpense
4349000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
14671000 USD
CY2017Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
16805000 USD
CY2016Q4 us-gaap Land And Land Improvements
LandAndLandImprovements
265985000 USD
CY2017Q2 us-gaap Land And Land Improvements
LandAndLandImprovements
332035000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
246208000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
312544000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
333985000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
417020000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
16550000 USD
CY2017Q2 us-gaap Line Of Credit
LineOfCredit
35050000 USD
CY2016Q4 us-gaap Long Term Debt
LongTermDebt
207347000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
271991000 USD
CY2016Q2 us-gaap Management Fee Expense
ManagementFeeExpense
385000 USD
us-gaap Management Fee Expense
ManagementFeeExpense
773000 USD
CY2017Q2 us-gaap Management Fee Expense
ManagementFeeExpense
530000 USD
us-gaap Management Fee Expense
ManagementFeeExpense
924000 USD
CY2017Q2 us-gaap Mandatorily Redeemable Preferred Stock Fair Value Disclosure
MandatorilyRedeemablePreferredStockFairValueDisclosure
29900000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
CY2016Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
11087000 USD
CY2017Q2 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
11385000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
35205000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
80788000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42626000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-85139000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6965000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
4679000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
108000 USD
us-gaap Net Income Loss
NetIncomeLoss
342000 USD
CY2016 us-gaap Net Income Loss
NetIncomeLoss
342000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
227000 USD
us-gaap Net Income Loss
NetIncomeLoss
379000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
8000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
14000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
28000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
49000 USD
CY2016Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-1478000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2638000 USD
CY2017Q2 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-2651000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-5081000 USD
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
1594000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
2994000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
2906000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
5509000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
7921000 USD
CY2016Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
4241000 USD
CY2017Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
5994000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
11742000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
2997000 USD
CY2017Q2 us-gaap Other Assets
OtherAssets
2910000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
7654000 USD
CY2017Q2 us-gaap Other Liabilities
OtherLiabilities
7260000 USD
CY2016Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
9000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
103000 USD
CY2017Q2 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
185000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
700000 USD
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
0 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
367000 USD
us-gaap Payments For Deposits On Real Estate Acquisitions
PaymentsForDepositsOnRealEstateAcquisitions
565000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2436000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2918000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
78000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
348000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
252000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1225000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
34376000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
82950000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
7883000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
1624000 USD
CY2017Q2 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.98
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
28800000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
24813000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
49001000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
0 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
20722000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
17300000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
38000000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
116000 USD
us-gaap Profit Loss
ProfitLoss
356000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
255000 USD
us-gaap Profit Loss
ProfitLoss
428000 USD
CY2017Q2 us-gaap Property Subject To Or Available For Operating Lease Number Of Units
PropertySubjectToOrAvailableForOperatingLeaseNumberOfUnits
2 lease
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
51000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
0 USD
CY2017Q2 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
273692000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
11066000 USD
CY2017Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
13789000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
337377000 USD
CY2017Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
419011000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
326311000 USD
CY2017Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
5996000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
11746000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
2900000 USD
CY2017Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
405222000 USD
CY2016Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
4244000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
7927000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-13402000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
19500000 USD
CY2017Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-15941000 USD
CY2016Q4 us-gaap Secured Long Term Debt
SecuredLongTermDebt
190797000 USD
CY2017Q2 us-gaap Secured Long Term Debt
SecuredLongTermDebt
236941000 USD
CY2016Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
27655000 USD
CY2017Q2 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
27773000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
6452000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-30000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
19565000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
76690000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
93091000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
78007000 USD
CY2016Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
82227000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
87777000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
104476000 USD
CY2016Q4 us-gaap Tenant Improvements
TenantImprovements
1800000 USD
CY2017Q2 us-gaap Tenant Improvements
TenantImprovements
1800000 USD
CY2016Q2 us-gaap Tenant Reimbursements
TenantReimbursements
3000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
6000 USD
CY2017Q2 us-gaap Tenant Reimbursements
TenantReimbursements
2000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
4000 USD
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9992941 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9992941 shares
CY2016 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
9992941 shares
CY2017Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
11850624 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
11127199 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:16px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain line items on the accompanying Condensed Consolidated Statement of Operations and Condensed Consolidated Statement of Cash Flows for the </font><font style="font-family:inherit;font-size:10pt;">three and six</font><font style="font-family:inherit;font-size:10pt;"> months ended </font><font style="font-family:inherit;font-size:10pt;">June&#160;30, 2016</font><font style="font-family:inherit;font-size:10pt;">, have been reclassified to conform to the current period&#8217;s presentation. These reclassifications had no impact on previously-reported stockholders&#8217; equity, net income or net change in cash and cash equivalents.</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:16px;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:8px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in accordance 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 as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting periods. Actual results could materially differ from those estimates.</font></div></div>

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