2016 Q4 Form 10-Q Financial Statement

#000144483816000092 Filed on November 04, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2015 Q3
Revenue $95.33M $106.0M $105.4M
YoY Change -10.6% 0.51% -1.06%
Cost Of Revenue $12.50M $11.50M $13.50M
YoY Change -11.35% -14.81% -12.9%
Gross Profit $89.50M $94.50M $92.00M
YoY Change -3.35% 2.72% 0.99%
Gross Profit Margin 93.89% 89.17% 87.26%
Selling, General & Admin $8.100M $7.500M $6.700M
YoY Change 19.12% 11.94% 4.69%
% of Gross Profit 9.05% 7.94% 7.28%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $41.40M $40.30M $39.70M
YoY Change 0.0% 1.51% 1.79%
% of Gross Profit 46.26% 42.65% 43.15%
Operating Expenses $49.40M $47.70M $46.40M
YoY Change 2.7% 2.8% 1.98%
Operating Profit $40.10M $46.80M $45.60M
YoY Change -9.89% 2.63% 0.0%
Interest Expense -$19.50M $23.00M $21.93M
YoY Change -9.3% 4.88% -9.83%
% of Operating Profit -48.63% 49.15% 48.09%
Other Income/Expense, Net $3.500M $3.080M $2.515M
YoY Change 9.38% 22.47% -40.36%
Pretax Income $22.70M -$27.49M -$5.391M
YoY Change -34.77% 409.92% -123.86%
Income Tax $300.0K $462.0K $75.00K
% Of Pretax Income 1.32%
Net Earnings $14.39M -$26.98M -$7.629M
YoY Change -56.69% 253.59% -119.7%
Net Earnings / Revenue 15.1% -25.45% -7.24%
Basic Earnings Per Share $0.06 -$0.12 -$0.03
Diluted Earnings Per Share $0.06 -$0.12 -$0.03
COMMON SHARES
Basic Shares Outstanding 237.1M shares 234.2M shares 234.0M shares
Diluted Shares Outstanding 234.2M shares 234.0M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2015 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $86.60M $117.8M $86.30M
YoY Change -7.08% 36.5% -21.04%
Cash & Equivalents $86.64M $117.8M $86.27M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $7.516M $8.875M $88.90M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $125.6M $149.5M $175.2M
YoY Change -33.16% -14.67% 6.96%
LONG-TERM ASSETS
Property, Plant & Equipment $3.028B $2.995B $3.258B
YoY Change -10.88% -8.07% -2.98%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $67.10M $64.00M $28.10M
YoY Change 115.76% 127.76% 69.28%
Other Assets $88.30M $106.9M $74.60M
YoY Change 14.53% 43.3% -42.44%
Total Long-Term Assets $3.316B $3.300B $3.477B
YoY Change -8.41% -5.09% -5.4%
TOTAL ASSETS
Total Short-Term Assets $125.6M $149.5M $175.2M
Total Long-Term Assets $3.316B $3.300B $3.477B
Total Assets $3.441B $3.450B $3.653B
YoY Change -9.63% -5.55% -4.87%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $58.50M $15.20M $36.50M
YoY Change 48.1% -58.36% 6.73%
Accrued Expenses $6.700M $11.60M $14.70M
YoY Change -24.72% -21.09% 2.08%
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 $112.5M $74.70M $96.50M
YoY Change 19.94% -22.59% 6.16%
LONG-TERM LIABILITIES
Long-Term Debt $1.861B $1.880B $2.021B
YoY Change -14.75% -7.01% -6.45%
Other Long-Term Liabilities $55.90M $79.20M $66.70M
YoY Change -19.8% 18.74% -24.12%
Total Long-Term Liabilities $1.917B $1.959B $2.088B
YoY Change -14.9% -6.18% -7.14%
TOTAL LIABILITIES
Total Short-Term Liabilities $112.5M $74.70M $96.50M
Total Long-Term Liabilities $1.917B $1.959B $2.088B
Total Liabilities $2.029B $2.034B $2.185B
YoY Change -13.51% -6.91% -6.63%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $24.00K $24.00K $24.00K
YoY Change 4.35% 0.0% 4.35%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.393B $1.397B $1.445B
YoY Change
Total Liabilities & Shareholders Equity $3.441B $3.450B $3.653B
YoY Change -9.63% -5.55% -4.87%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2015 Q3
OPERATING ACTIVITIES
Net Income $14.39M -$26.98M -$7.629M
YoY Change -56.69% 253.59% -119.7%
Depreciation, Depletion And Amortization $41.40M $40.30M $39.70M
YoY Change 0.0% 1.51% 1.79%
Cash From Operating Activities $54.70M $63.70M $69.00M
YoY Change -13.72% -7.68% 11.65%
INVESTING ACTIVITIES
Capital Expenditures -$125.3M -$85.50M -$45.40M
YoY Change -38.94% 88.33% 9.4%
Acquisitions
YoY Change
Other Investing Activities $85.80M $101.1M $84.70M
YoY Change -941.18% 19.36% 3429.17%
Cash From Investing Activities -$39.50M $15.60M $39.40M
YoY Change -81.67% -60.41% -200.77%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -46.40M -21.20M -86.30M
YoY Change -129.2% -75.43% 102.58%
NET CHANGE
Cash From Operating Activities 54.70M 63.70M 69.00M
Cash From Investing Activities -39.50M 15.60M 39.40M
Cash From Financing Activities -46.40M -21.20M -86.30M
Net Change In Cash -31.20M 58.10M 22.10M
YoY Change -558.82% 162.9% -211.06%
FREE CASH FLOW
Cash From Operating Activities $54.70M $63.70M $69.00M
Capital Expenditures -$125.3M -$85.50M -$45.40M
Free Cash Flow $180.0M $149.2M $114.4M
YoY Change -32.99% 30.42% 10.75%

Facts In Submission

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CY2016Q3 us-gaap Disposal Group Including Discontinued Operation Assets Noncurrent
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29819000 USD
CY2015Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
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10786000 USD
CY2016Q3 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
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7638000 USD
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CY2016Q3 us-gaap Disposal Group Including Discontinued Operation Other Assets
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CY2015Q4 us-gaap Disposal Group Including Discontinued Operation Other Liabilities
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32000 USD
CY2016Q3 us-gaap Disposal Group Including Discontinued Operation Other Liabilities
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2220000 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
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45440000 USD
CY2016Q3 us-gaap Dividends Payable Current And Noncurrent
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47944000 USD
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us-gaap Earnings Per Share Basic
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0.31
CY2016Q3 us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Basic
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us-gaap Earnings Per Share Diluted
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0.31
CY2016Q3 us-gaap Earnings Per Share Diluted
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us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2015Q4 us-gaap Finite Lived Intangible Assets Gross
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CY2016Q3 us-gaap Finite Lived Intangible Assets Gross
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598359000 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Properties Before Applicable Income Taxes
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1733000 USD
us-gaap Gain Loss On Sale Of Properties Before Applicable Income Taxes
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23307000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Properties Before Applicable Income Taxes
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16072000 USD
us-gaap Gain Loss On Sale Of Properties Before Applicable Income Taxes
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58413000 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
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-398000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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13753000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
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2538000 USD
us-gaap Gains Losses On Extinguishment Of Debt
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CY2015Q3 us-gaap General And Administrative Expense
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6734000 USD
us-gaap Impairment Of Real Estate
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69353000 USD
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-5391000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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77222000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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-27140000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
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67580000 USD
us-gaap General And Administrative Expense
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22526000 USD
CY2016Q3 us-gaap General And Administrative Expense
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7510000 USD
us-gaap General And Administrative Expense
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23032000 USD
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34070000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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72875000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-5200000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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-27262000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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77696000 USD
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us-gaap Income Loss From Continuing Operations Per Basic Share
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0.30
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us-gaap Income Loss From Continuing Operations Per Basic Share
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0.29
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-0.03
us-gaap Income Loss From Continuing Operations Per Diluted Share
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0.30
CY2016Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
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-0.11
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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1682000 USD
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0 USD
us-gaap Income Loss From Discontinued Operations Net Of Tax
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0 USD
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.01
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Basic Share
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0.00
CY2015Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.01
CY2016Q3 us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
us-gaap Income Loss From Discontinued Operations Net Of Tax Per Diluted Share
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0.00
CY2015Q3 us-gaap Income Loss From Equity Method Investments
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266000 USD
us-gaap Income Loss From Equity Method Investments
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938000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
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340000 USD
us-gaap Income Loss From Equity Method Investments
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6394000 USD
CY2015Q3 us-gaap Income Tax Expense Benefit
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75000 USD
us-gaap Income Tax Expense Benefit
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464000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
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462000 USD
us-gaap Income Tax Expense Benefit
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1099000 USD
us-gaap Income Taxes Paid Net
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788000 USD
us-gaap Income Taxes Paid Net
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1163000 USD
us-gaap Increase Decrease In Restricted Cash
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-3596000 USD
us-gaap Increase Decrease In Restricted Cash
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32450000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
319438 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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246166 shares
CY2015Q3 us-gaap Interest Expense
InterestExpense
21931000 USD
us-gaap Interest Expense
InterestExpense
68273000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
23001000 USD
us-gaap Interest Expense
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68573000 USD
us-gaap Interest Paid
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62914000 USD
us-gaap Interest Paid
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8851000 USD
CY2016Q3 us-gaap Interest Payable Current And Noncurrent
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11632000 USD
CY2016Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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2943000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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31054000 USD
CY2016Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
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63963000 USD
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2345872000 USD
CY2016Q3 us-gaap Liabilities
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2033709000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
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CY2016Q3 us-gaap Liabilities And Stockholders Equity
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3449951000 USD
CY2015Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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8405000 USD
CY2016Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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2220000 USD
CY2015Q4 us-gaap Line Of Credit
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177000000 USD
CY2016Q3 us-gaap Line Of Credit
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0 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
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-73000000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
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177000000 USD
CY2016Q3 us-gaap Line Of Credit Facility Remaining Borrowing Capacity
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400000000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Reported Amount
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95871000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Net Reported Amount
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95808000 USD
CY2015Q4 us-gaap Loans Payable To Bank
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500076000 USD
CY2016Q3 us-gaap Loans Payable To Bank
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500839000 USD
CY2015Q4 us-gaap Minority Interest
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22502000 USD
CY2016Q3 us-gaap Minority Interest
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19603000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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128837000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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128319000 USD
us-gaap Mortgage Loan Related To Property Sales1
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55000000 USD
us-gaap Mortgage Loan Related To Property Sales1
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242269000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Financing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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us-gaap Net Cash Provided By Used In Investing Activities
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29300000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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181475000 USD
us-gaap Net Cash Provided By Used In Operating Activities
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180583000 USD
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us-gaap Net Income Loss
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76853000 USD
CY2016Q3 us-gaap Net Income Loss
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us-gaap Net Income Loss
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CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
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2525000 USD
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NetIncomeLossAttributableToNoncontrollingInterest
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us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-340000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
71871000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-26653000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
68310000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
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us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
71871000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-26653000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
67227000 USD
CY2016Q3 us-gaap Non Recourse Debt
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2515000 USD
us-gaap Nonoperating Income Expense
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8213000 USD
CY2016Q3 us-gaap Nonoperating Income Expense
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3080000 USD
us-gaap Nonoperating Income Expense
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9500000 USD
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CY2016Q3 us-gaap Notes Payable
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98952000 USD
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6551000 USD
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CY2016Q3 us-gaap Other Assets
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39092000 USD
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95871000 USD
CY2016Q3 us-gaap Notes Receivable Net
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95808000 USD
CY2016Q3 us-gaap Number Of Real Estate Properties
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200 Property
CY2016Q3 us-gaap Number Of States In Which Entity Operates
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40 state
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98095000 USD
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us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2637000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
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CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-3990000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-6620000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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2637000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-2944000 USD
CY2015Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
72000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
264000 USD
CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
50000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
187000 USD
CY2016Q3 us-gaap Partners Capital Account Units
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3387000 shares
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us-gaap Payments For Capital Improvements
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us-gaap Payments For Construction In Process
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us-gaap Payments For Construction In Process
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105548000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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2634000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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20566000 USD
us-gaap Payments For Repurchase Of Common Stock
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11019000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
8973000 USD
us-gaap Payments Of Dividends
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123529000 USD
us-gaap Payments Of Dividends
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us-gaap Payments Of Financing Costs
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7339000 USD
us-gaap Payments Of Financing Costs
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1841000 USD
us-gaap Payments To Acquire Equity Method Investments
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10322000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
33554000 USD
us-gaap Payments To Acquire Interest In Joint Venture
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4022000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
us-gaap Payments To Acquire Lease Receivables
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4242000 USD
us-gaap Payments To Acquire Lease Receivables
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6165000 USD
us-gaap Payments To Acquire Loans Receivable
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10267000 USD
us-gaap Payments To Acquire Loans Receivable
PaymentsToAcquireLoansReceivable
0 USD
us-gaap Payments To Acquire Real Estate
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197926000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
70297000 USD
us-gaap Payments To Minority Shareholders
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2865000 USD
us-gaap Payments To Minority Shareholders
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2528000 USD
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PreferredStockParOrStatedValuePerShare
0.0001
CY2015Q4 us-gaap Preferred Stock Shares Authorized
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100000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
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94016000 USD
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4334000 USD
us-gaap Proceeds From Collection Of Notes Receivable
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214000 USD
CY2015Q4 us-gaap Preferred Stock Liquidation Preference Value
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96770000 USD
CY2016Q3 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
96770000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
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0.0001
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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1171000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
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7299000 USD
us-gaap Proceeds From Issuance Of Common Stock
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17312000 USD
us-gaap Proceeds From Issuance Of Common Stock
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2686000 USD
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80843000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
254650000 USD
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-1573000 USD
us-gaap Proceeds From Repayments Of Restricted Cash Financing Activities
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0 USD
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
1935400 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
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1935400 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
1935400 shares
CY2015Q4 us-gaap Preferred Stock Value
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94016000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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156475000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
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293634000 USD
CY2015Q3 us-gaap Profit Loss
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-5200000 USD
us-gaap Profit Loss
ProfitLoss
79378000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
-27262000 USD
us-gaap Profit Loss
ProfitLoss
72875000 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3789711000 USD
CY2016Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3459784000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3397922000 USD
CY2016Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2994676000 USD
CY2015Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
105438000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
324213000 USD
CY2016Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
106331000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
327524000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
529000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
672000 USD
us-gaap Repayments Of Debt
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106956000 USD
us-gaap Repayments Of Debt
RepaymentsOfDebt
103473000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
26760000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
20887000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10637000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
42387000 USD
CY2015Q4 us-gaap Senior Notes
SeniorNotes
493526000 USD
CY2016Q3 us-gaap Senior Notes
SeniorNotes
494153000 USD
CY2015Q3 us-gaap Stock Repurchase Program Number Of Shares Authorized To Be Repurchased
StockRepurchaseProgramNumberOfSharesAuthorizedToBeRepurchased
10000000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
11019000 USD
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
8973000 USD
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1306300 shares
us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
1184113 shares
CY2015Q4 us-gaap Unsecured Debt
UnsecuredDebt
126996000 USD
CY2016Q3 us-gaap Unsecured Debt
UnsecuredDebt
127071000 USD
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234018062 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
233776838 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
234207396 shares
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1440029000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
1396639000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1508920000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1468070000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1462531000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1416242000 USD
CY2015Q3 us-gaap Tenant Reimbursements
TenantReimbursements
7343000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
23662000 USD
CY2016Q3 us-gaap Tenant Reimbursements
TenantReimbursements
7379000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
23366000 USD
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
8.42
us-gaap Treasury Stock Acquired Average Cost Per Share
TreasuryStockAcquiredAverageCostPerShare
7.56
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
237215883 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234018062 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
233457400 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
234207396 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
233151600 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-bottom:16px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Reclassifications. </font><font style="font-family:inherit;font-size:10pt;">Certain amounts included in the </font><font style="font-family:inherit;font-size:10pt;">2015</font><font style="font-family:inherit;font-size:10pt;"> unaudited condensed consolidated financial statements have been reclassified to conform to the </font><font style="font-family:inherit;font-size:10pt;">2016</font><font style="font-family:inherit;font-size:10pt;"> presentation.</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-bottom:16px;text-align:justify;padding-left:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates.</font><font style="font-family:inherit;font-size:10pt;"> Management has made a number of significant estimates and assumptions to prepare these unaudited condensed consolidated financial statements in conformity with GAAP, including, among others, those relating to the reporting of assets and liabilities, the disclosure of contingent assets and liabilities and the reported amounts of revenues and expenses. These estimates and assumptions are based on management's best estimates and judgment. Management evaluates its estimates and assumptions on an ongoing basis using historical experience and other factors. Management adjusts such estimates when facts and circumstances dictate. The most significant estimates made include the recoverability of accounts receivable, the allocation of property purchase price to tangible and intangible assets acquired and liabilities assumed, the determination of VIEs and which entities should be consolidated, the determination of impairment of long-lived assets, loans receivable and equity method investments, the valuation of derivative financial instruments, the valuation of compensation plans and the useful lives of long-lived assets. Actual results could differ materially from those estimates.</font></div></div>

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