2016 Q4 Form 10-K Financial Statement

#000091224218000004 Filed on February 23, 2018

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $272.0M $253.4M $259.9M
YoY Change -15.2% -22.34% -19.48%
Cost Of Revenue $100.9M $99.60M $98.20M
YoY Change -11.41% -14.29% -21.75%
Gross Profit $171.1M $153.8M $161.7M
YoY Change -17.26% -26.8% -18.04%
Gross Profit Margin 62.9% 60.7% 62.22%
Selling, General & Admin $5.000M $6.900M $7.700M
YoY Change -30.56% 2.99% 1.32%
% of Gross Profit 2.92% 4.49% 4.76%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $91.90M $88.40M $86.90M
YoY Change -15.38% -25.84% -28.24%
% of Gross Profit 53.71% 57.48% 53.74%
Operating Expenses $94.40M $93.90M $92.90M
YoY Change -17.41% -24.34% -26.79%
Operating Profit $76.70M $59.90M $68.80M
YoY Change -17.08% -30.35% -2.27%
Interest Expense -$23.30M $39.98M $41.20M
YoY Change -26.73% -27.25% -24.96%
% of Operating Profit -30.38% 66.75% 59.88%
Other Income/Expense, Net -$3.900M -$3.000M -$3.200M
YoY Change 0.0% 0.0% 14.29%
Pretax Income $38.80M $14.10M $49.90M
YoY Change -91.24% -60.28% 221.94%
Income Tax -$2.000M $905.0K $514.0K
% Of Pretax Income -5.15% 6.42% 1.03%
Net Earnings $37.10M $13.20M $49.43M
YoY Change -91.06% -63.66% 213.95%
Net Earnings / Revenue 13.64% 5.21% 19.02%
Basic Earnings Per Share $0.26 $0.09 $0.31
Diluted Earnings Per Share $0.26 $0.09 $0.31
COMMON SHARES
Basic Shares Outstanding 143.7M shares 143.9M shares 146.6M shares
Diluted Shares Outstanding 144.0M shares 146.8M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $94.00M $84.00M $73.00M
YoY Change 8.05% -9.68% -33.64%
Cash & Equivalents $94.05M $84.18M $73.14M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $205.0M $196.0M $181.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $299.0M $280.0M $254.0M
YoY Change -0.66% -5.08% -16.99%
LONG-TERM ASSETS
Property, Plant & Equipment $7.357B $7.377B $7.443B
YoY Change -16.37% -33.12% -32.62%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.774B $1.754B $1.766B
YoY Change 15.73% 37.19% 39.81%
Other Assets $88.00M $89.00M $82.00M
YoY Change 10.0% -9.18% -16.33%
Total Long-Term Assets $9.659B $9.662B $9.744B
YoY Change -11.66% -25.99% -25.36%
TOTAL ASSETS
Total Short-Term Assets $299.0M $280.0M $254.0M
Total Long-Term Assets $9.659B $9.662B $9.744B
Total Assets $9.958B $9.942B $9.998B
YoY Change -11.37% -25.53% -25.17%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $61.00M $62.00M $53.00M
YoY Change -17.57% -32.61% -51.38%
Accrued Expenses $366.0M $358.0M $373.0M
YoY Change -9.18% -31.68% -29.36%
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 $427.0M $420.0M $426.0M
YoY Change -47.61% -31.82% -33.12%
LONG-TERM LIABILITIES
Long-Term Debt $4.966B $4.894B $4.913B
YoY Change -5.61% -28.3% -27.1%
Other Long-Term Liabilities $138.0M $137.0M $82.00M
YoY Change 56.82% 45.74% -17.17%
Total Long-Term Liabilities $5.104B $5.031B $4.995B
YoY Change -4.58% -27.3% -26.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $427.0M $420.0M $426.0M
Total Long-Term Liabilities $5.104B $5.031B $4.995B
Total Liabilities $5.531B $5.451B $5.421B
YoY Change -10.27% -27.66% -27.49%
SHAREHOLDERS EQUITY
Retained Earnings -$488.8M -$419.8M -$378.4M
YoY Change 129.73% -223.94% -191.17%
Common Stock $4.595B $4.583B $4.615B
YoY Change -6.77% -9.95% -9.13%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $4.106B $4.163B $4.236B
YoY Change
Total Liabilities & Shareholders Equity $9.958B $9.942B $9.998B
YoY Change -11.37% -25.53% -25.17%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $37.10M $13.20M $49.43M
YoY Change -91.06% -63.66% 213.95%
Depreciation, Depletion And Amortization $91.90M $88.40M $86.90M
YoY Change -15.38% -25.84% -28.24%
Cash From Operating Activities $98.40M $111.4M $99.80M
YoY Change -22.34% -20.88% -9.93%
INVESTING ACTIVITIES
Capital Expenditures -$23.30M -$10.30M -$9.000M
YoY Change 23.94% -41.81% -30.77%
Acquisitions
YoY Change
Other Investing Activities -$16.90M $19.70M $135.4M
YoY Change -103.6% -125.92% -145.88%
Cash From Investing Activities -$40.00M $9.300M $126.4M
YoY Change -108.87% -109.93% -141.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -40.00M -109.6M -259.6M
YoY Change -93.15% 69.92% -236.92%
NET CHANGE
Cash From Operating Activities 98.40M 111.4M 99.80M
Cash From Investing Activities -40.00M 9.300M 126.4M
Cash From Financing Activities -40.00M -109.6M -259.6M
Net Change In Cash 18.40M 11.10M -33.40M
YoY Change -383.08% -163.79% 333.77%
FREE CASH FLOW
Cash From Operating Activities $98.40M $111.4M $99.80M
Capital Expenditures -$23.30M -$10.30M -$9.000M
Free Cash Flow $121.7M $121.7M $108.8M
YoY Change -16.36% -23.22% -12.12%

Facts In Submission

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CY2015 mac Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interests
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests
23000 USD
CY2016 mac Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interests
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests
90000 USD
CY2017 mac Noncontrolling Interest Increasefrom Contributionsfrom Noncontrolling Interests
NoncontrollingInterestIncreasefromContributionsfromNoncontrollingInterests
30000 USD
CY2015Q4 mac Number Of Dividends Declared
NumberOfDividendsDeclared
2 dividend
CY2017 mac Number Of Forms Of In Place Operating Leases
NumberOfFormsOfInPlaceOperatingLeases
3 form
CY2017 mac Number Of Real Estate Management Companies
NumberOfRealEstateManagementCompanies
7 entity
CY2015 mac Paymentof Finance Deposits
PaymentofFinanceDeposits
11138000 USD
CY2016 mac Paymentof Finance Deposits
PaymentofFinanceDeposits
0 USD
CY2017 mac Paymentof Finance Deposits
PaymentofFinanceDeposits
0 USD
CY2015 mac Paymentsof Contingent Consideration
PaymentsofContingentConsideration
0 USD
CY2016 mac Paymentsof Contingent Consideration
PaymentsofContingentConsideration
10012000 USD
CY2017 mac Paymentsof Contingent Consideration
PaymentsofContingentConsideration
0 USD
CY2015 mac Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
646898000 USD
CY2016 mac Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
724275000 USD
CY2017 mac Proceeds From Sale Of Partnership Interests Other Assets And Discontinued Operations Net
ProceedsFromSaleOfPartnershipInterestsOtherAssetsAndDiscontinuedOperationsNet
255294000 USD
CY2015 mac Real Estate Accumulated Depreciation Depreciation Expense And Other Additions
RealEstateAccumulatedDepreciationDepreciationExpenseAndOtherAdditions
354977000 USD
CY2016 mac Real Estate Accumulated Depreciation Depreciation Expense And Other Additions
RealEstateAccumulatedDepreciationDepreciationExpenseAndOtherAdditions
277270000 USD
CY2017 mac Real Estate Accumulated Depreciation Depreciation Expense And Other Additions
RealEstateAccumulatedDepreciationDepreciationExpenseAndOtherAdditions
277917000 USD
CY2015 mac Real Estate Accumulated Depreciation Real Estate Sold Or Retired
RealEstateAccumulatedDepreciationRealEstateSoldOrRetired
172225000 USD
CY2016 mac Real Estate Accumulated Depreciation Real Estate Sold Or Retired
RealEstateAccumulatedDepreciationRealEstateSoldOrRetired
318113000 USD
CY2017 mac Real Estate Accumulated Depreciation Real Estate Sold Or Retired
RealEstateAccumulatedDepreciationRealEstateSoldOrRetired
111515000 USD
CY2015 mac Real Estate Acquisitions Improvements And Other Additions
RealEstateAcquisitionsImprovementsAndOtherAdditions
392575000 USD
CY2016 mac Real Estate Acquisitions Improvements And Other Additions
RealEstateAcquisitionsImprovementsAndOtherAdditions
254604000 USD
CY2017 mac Real Estate Acquisitions Improvements And Other Additions
RealEstateAcquisitionsImprovementsAndOtherAdditions
202280000 USD
CY2017Q4 mac Real Estate And Accumulated Depreciation Initial Cost Of Equipment Furnishing
RealEstateAndAccumulatedDepreciationInitialCostOfEquipmentFurnishing
46574000 USD
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RealEstateCostOfRealEstateSoldOrRetired
2480801000 USD
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RealEstateCostOfRealEstateSoldOrRetired
1735049000 USD
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RealEstateCostOfRealEstateSoldOrRetired
283958000 USD
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SecuredDebtNonrelatedParty
3908976000 USD
CY2017Q4 mac Secured Debt Nonrelated Party
SecuredDebtNonrelatedParty
4066511000 USD
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TaxCutsandJobsActof2017ChangeinTaxRateDeferredTaxAssetIncomeTaxExpenseBenefit
14189000 USD
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ThresholdOwnershipPercentageForEquityMethodAccountingOnlyIfNoControllingFinancialInterest
0.5
CY2015 mac Undistributed Earnings Loss Allocatedto Participating Securities Basicand Diluted
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasicandDiluted
1493000 USD
CY2016 mac Undistributed Earnings Loss Allocatedto Participating Securities Basicand Diluted
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasicandDiluted
779000 USD
CY2017 mac Undistributed Earnings Loss Allocatedto Participating Securities Basicand Diluted
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasicandDiluted
757000 USD
CY2016 mac Write Off Of Development Cost
WriteOffOfDevelopmentCost
1538000 USD
CY2017 mac Write Off Of Development Cost
WriteOffOfDevelopmentCost
1046000 USD
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AcceleratedShareRepurchasesFinalPricePaidPerShare
78.26
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78.69
CY2016Q3 us-gaap Accelerated Share Repurchases Final Price Paid Per Share
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78.91
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-400000000 USD
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AcceleratedShareRepurchasesSettlementPaymentOrReceipt
-400000000 USD
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-400000000 USD
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AccountsAndNotesReceivableNet
136998000 USD
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AccountsAndNotesReceivableNet
112653000 USD
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61316000 USD
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AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
58412000 USD
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0 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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AdditionalPaidInCapitalCommonStock
4593229000 USD
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AdditionalPaidInCapitalCommonStock
4510489000 USD
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AllocatedShareBasedCompensationExpense
34375000 USD
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AllocatedShareBasedCompensationExpense
40529000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
37005000 USD
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AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1991000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
2786000 USD
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AmortizationOfAboveAndBelowMarketLeases
-16510000 USD
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AmortizationOfAboveAndBelowMarketLeases
-12815000 USD
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AmortizationOfAboveAndBelowMarketLeases
-964000 USD
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AmortizationOfDebtDiscountPremium
-20232000 USD
CY2016 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
-4048000 USD
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AmortizationOfDebtDiscountPremium
-3277000 USD
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-12180000 USD
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22089000 USD
CY2016 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0 USD
CY2017 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Remeasurement Gain Or Loss
BusinessCombinationStepAcquisitionEquityInterestInAcquireeRemeasurementGainOrLoss
0 USD
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CashAndCashEquivalentsAtCarryingValue
84907000 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
86510000 USD
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94046000 USD
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CashAndCashEquivalentsAtCarryingValue
91038000 USD
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1603000 USD
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7536000 USD
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-3008000 USD
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CY2017Q4 us-gaap Commitments And Contingencies
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USD
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4.63
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
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2.00
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.00
CY2015 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
6.63
CY2016 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.75
CY2017 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
2.87
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0.01
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CommonStockParOrStatedValuePerShare
0.01
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CommonStockParOrStatedValuePerShare
0.01
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CommonStockSharesAuthorized
250000000 shares
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CommonStockSharesAuthorized
250000000 shares
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CommonStockSharesIssued
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CommonStockSharesIssued
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143958036 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
140993985 shares
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1440000 USD
CY2017Q4 us-gaap Common Stock Value
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1410000 USD
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487562000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
516995000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
146088000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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522912000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
554839000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
161631000 USD
CY2015 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
52983000 USD
CY2016 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
49484000 USD
CY2017 us-gaap Construction In Progress Expenditures Incurred But Not Yet Paid
ConstructionInProgressExpendituresIncurredButNotYetPaid
43726000 USD
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40121000 USD
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1559000 USD
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12448000 USD
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16797000 USD
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379815000 USD
CY2016 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
176000 USD
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307623000 USD
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295190000 USD
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CostsAndExpenses
1202157000 USD
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CostsAndExpenses
944617000 USD
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CostsAndExpenses
930758000 USD
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CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
6484000 USD
CY2015 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
0 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-185000 USD
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DebtInstrumentUnamortizedDiscountPremiumNet
-5907000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
-2630000 USD
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42711000 USD
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DeferredCompensationPlanAssets
52221000 USD
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DeferredCostsAndOtherAssets
478058000 USD
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DeferredCostsAndOtherAssets
449190000 USD
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DeferredCostsLeasingGross
239983000 USD
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DeferredCostsLeasingGross
232819000 USD
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12716000 USD
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17838000 USD
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DeferredGainOnSaleOfProperty
58973000 USD
CY2017Q4 us-gaap Deferred Gain On Sale Of Property
DeferredGainOnSaleOfProperty
0 USD
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DeferredIncomeTaxExpenseBenefit
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DeferredIncomeTaxExpenseBenefit
546000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
15779000 USD
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56761000 USD
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DeferredRentReceivablesNet
61859000 USD
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38301000 USD
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29006000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
22335000 USD
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DeferredTaxAssetsOperatingLossCarryforwards
21398000 USD
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DeferredTaxAssetsPropertyPlantAndEquipment
12720000 USD
CY2017Q4 us-gaap Deferred Tax Assets Property Plant And Equipment
DeferredTaxAssetsPropertyPlantAndEquipment
5077000 USD
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464472000 USD
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DepreciationAndAmortization
348488000 USD
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335431000 USD
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DepreciationDepletionAndAmortization
471320000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
355358000 USD
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DepreciationDepletionAndAmortization
341275000 USD
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354977000 USD
CY2016 us-gaap Depreciation Nonproduction
DepreciationNonproduction
277270000 USD
CY2017 us-gaap Depreciation Nonproduction
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277917000 USD
CY2016Q4 us-gaap Development In Process
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289966000 USD
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366996000 USD
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1050562000 USD
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0 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
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0 USD
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68227000 USD
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405501000 USD
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407895000 USD
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337703000 USD
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82162000 USD
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3.08
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2.77
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0.31
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0.09
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0.26
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3.52
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0.48
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0.19
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0.12
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EarningsPerShareBasic
0.23
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1.02
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3.08
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2.76
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EarningsPerShareDiluted
0.31
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EarningsPerShareDiluted
0.09
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EarningsPerShareDiluted
0.26
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EarningsPerShareDiluted
3.52
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EarningsPerShareDiluted
0.48
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EarningsPerShareDiluted
0.19
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EarningsPerShareDiluted
0.12
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0.23
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EarningsPerShareDiluted
1.02
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6008000 USD
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7241000 USD
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6206000 USD
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-584887000 USD
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4541000 USD
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7248000 USD
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EquityMethodInvestmentDividendsOrDistributions
463000 USD
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9791249000 USD
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9687943000 USD
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9791249000 USD
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9687943000 USD
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101277000 USD
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89655000 USD
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146359000 USD
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503430000 USD
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912585000 USD
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EquityMethodInvestmentSummarizedFinancialInformationRevenue
948458000 USD
CY2016Q4 us-gaap Equity Method Investment Underlying Equity In Net Assets
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2279819000 USD
CY2017Q4 us-gaap Equity Method Investment Underlying Equity In Net Assets
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2188057000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1773558000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
1709522000 USD
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140437000 USD
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6866000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
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8418000 USD
CY2017Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
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108432000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
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15183000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
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13165000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
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5136000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
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11115000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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59883000 USD
CY2016Q4 us-gaap Fixtures And Equipment Gross
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177036000 USD
CY2017Q4 us-gaap Fixtures And Equipment Gross
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187998000 USD
CY2015 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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378248000 USD
CY2016 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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415348000 USD
CY2017 us-gaap Gain Loss On Sales Of Assets And Asset Impairment Charges
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42446000 USD
CY2015Q4 us-gaap Gains Losses On Extinguishment Of Debt
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-578000 USD
CY2015 us-gaap Gains Losses On Extinguishment Of Debt
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1487000 USD
CY2016 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
1709000 USD
CY2017 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
29870000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28217000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28240000 USD
CY2015 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
9963000 USD
CY2016 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
39671000 USD
CY2017 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
22108000 USD
CY2015 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
522912000 USD
CY2016 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
554839000 USD
CY2017 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
161673000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
45164000 USD
CY2016 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
56941000 USD
CY2017 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
85546000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-3223000 USD
CY2016 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
722000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15594000 USD
CY2015 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2016 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
0 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
14189000 USD
CY2015 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-3632000 USD
CY2016 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-1786000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-712000 USD
CY2015 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
829000 USD
CY2016 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2668000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
2226000 USD
CY2015 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-420000 USD
CY2016 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-160000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-109000 USD
CY2015 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
7025000 USD
CY2016 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
-15983000 USD
CY2017 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
13982000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-4014000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-8929000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-5822000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-1908000 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
7585000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
6508000 USD
CY2015 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
33902000 USD
CY2016 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
28074000 USD
CY2017 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
31655000 USD
CY2015 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
698000 USD
CY2016 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-22227000 USD
CY2017 us-gaap Increase Decrease In Other Accrued Liabilities
IncreaseDecreaseInOtherAccruedLiabilities
-9802000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-13892000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
20033000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
4414000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
30888000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
10953000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
2116000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
144000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
112000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
36000 shares
CY2015 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
13052000 USD
CY2016 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
10316000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
13160000 USD
CY2015 us-gaap Interest Expense
InterestExpense
211943000 USD
CY2016 us-gaap Interest Expense
InterestExpense
163675000 USD
CY2017 us-gaap Interest Expense
InterestExpense
171776000 USD
CY2015 us-gaap Interest Expense Other
InterestExpenseOther
201428000 USD
CY2016 us-gaap Interest Expense Other
InterestExpenseOther
154702000 USD
CY2017 us-gaap Interest Expense Other
InterestExpenseOther
163045000 USD
CY2015 us-gaap Interest Paid Net
InterestPaidNet
231106000 USD
CY2016 us-gaap Interest Paid Net
InterestPaidNet
153838000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
168493000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
6511741000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
6385035000 USD
CY2016Q4 us-gaap Land
Land
1607590000 USD
CY2017Q4 us-gaap Land
Land
1567152000 USD
CY2017Q4 us-gaap Letters Of Credit Outstanding Amount
LettersOfCreditOutstandingAmount
60588000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
5530980000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
5637863000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9958148000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
9605862000 USD
CY2015 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
50000000 USD
CY2016 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
CY2017 us-gaap Liabilities Assumed1
LiabilitiesAssumed1
0 USD
CY2015 us-gaap Liquidation Basis Of Accounting Remeasurement Gain Loss On Asset
LiquidationBasisOfAccountingRemeasurementGainLossOnAsset
22089000 USD
CY2016 us-gaap Liquidation Basis Of Accounting Remeasurement Gain Loss On Asset
LiquidationBasisOfAccountingRemeasurementGainLossOnAsset
0 USD
CY2017 us-gaap Liquidation Basis Of Accounting Remeasurement Gain Loss On Asset
LiquidationBasisOfAccountingRemeasurementGainLossOnAsset
0 USD
CY2017 us-gaap Loss On Sale Of Investments
LossOnSaleOfInvestments
10138000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
321281000 USD
CY2016 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
30000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
920000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
286421000 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
74677000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35677000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
35944000 USD
CY2015 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
456000 USD
CY2016Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.07
CY2017Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
0.07
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-452329000 USD
CY2016 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-865111000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-566269000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-101024000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
443113000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
176872000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
554956000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
429534000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
386389000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
35350000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
37844000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
15543000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
487562000 USD
CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
420915000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
45222000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
13730000 USD
CY2016Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
37128000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
516995000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
69243000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
26638000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17498000 USD
CY2017Q4 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
32751000 USD
CY2017 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
146130000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2016 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2017 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2015 us-gaap Notes Assumed1
NotesAssumed1
1782455000 USD
CY2016 us-gaap Notes Assumed1
NotesAssumed1
997695000 USD
CY2017 us-gaap Notes Assumed1
NotesAssumed1
0 USD
CY2016Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
4126819000 USD
CY2017Q4 us-gaap Notes Payable Fair Value Disclosure
NotesPayableFairValueDisclosure
4250816000 USD
CY2016Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
176442000 USD
CY2017Q4 us-gaap Notes Payable Related Parties Current And Noncurrent
NotesPayableRelatedPartiesCurrentAndNoncurrent
171569000 USD
CY2015 us-gaap Notes Reduction
NotesReduction
34149000 USD
CY2016 us-gaap Notes Reduction
NotesReduction
37000000 USD
CY2017 us-gaap Notes Reduction
NotesReduction
0 USD
CY2017Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
1 area
CY2017 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
255350000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
10461000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
9021000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
8999000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
9351000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
9334000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
208184000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2794216000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
508750000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
283600000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
332080000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
386803000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
432248000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
850735000 USD
CY2015 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
759603000 USD
CY2016 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
616295000 USD
CY2017 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
594030000 USD
CY2015 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
0 USD
CY2016 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
0 USD
CY2017 us-gaap Operating Leases Rent Expense Contingent Rentals
OperatingLeasesRentExpenseContingentRentals
0 USD
CY2015 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
17938000 USD
CY2016 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
16495000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
18499000 USD
CY2016Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
366165000 USD
CY2017Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
325701000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
72206000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
66990000 USD
CY2015 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2016 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
0 USD
CY2017 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-42000 USD
CY2015 us-gaap Other Income
OtherIncome
61470000 USD
CY2016 us-gaap Other Income
OtherIncome
59328000 USD
CY2017 us-gaap Other Income
OtherIncome
55819000 USD
CY2015 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
92340000 USD
CY2016 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
98323000 USD
CY2017 us-gaap Owned Property Management Costs
OwnedPropertyManagementCosts
100121000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
400144000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
800018000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
221428000 USD
CY2015 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
14579000 USD
CY2016 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
12028000 USD
CY2017 us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
787109000 USD
CY2017 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8500000 USD
CY2015 us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
272334000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
779308000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
443839000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
11805000 USD
CY2016 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
10584000 USD
CY2016 us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
211616000 USD
CY2017 us-gaap Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
160343000 USD
CY2015 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
426186000 USD
CY2016 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
430428000 USD
CY2017 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
117538000 USD
CY2015 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
26250000 USD
CY2016 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2017 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
0 USD
CY2015 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
53335000 USD
CY2016 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
47863000 USD
CY2017 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
41807000 USD
CY2015 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
456000 USD
CY2016 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
30000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
920000 USD
CY2015 us-gaap Percentage Rent
PercentageRent
25693000 USD
CY2016 us-gaap Percentage Rent
PercentageRent
20902000 USD
CY2017 us-gaap Percentage Rent
PercentageRent
17124000 USD
CY2015 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1833000 USD
CY2016 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
3677000 USD
CY2017 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
7073000 USD
CY2015 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
4080671000 USD
CY2016 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
3201138000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt And Capital Securities Net
ProceedsFromIssuanceOfLongTermDebtAndCapitalSecuritiesNet
1430000000 USD
CY2015 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
23000 USD
CY2016 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
90000 USD
CY2017 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
30000 USD
CY2015 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
-1593000 USD
CY2016 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2017 us-gaap Proceeds From Payments To Minority Shareholders
ProceedsFromPaymentsToMinorityShareholders
0 USD
CY2015 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1512000 USD
CY2016 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1697000 USD
CY2017 us-gaap Proceeds From Stock Plans
ProceedsFromStockPlans
1868000 USD
CY2015 us-gaap Profit Loss
ProfitLoss
522912000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
554839000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
161673000 USD
CY2015 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4698000 USD
CY2016 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3586000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
4314000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1709992000 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1892744000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
4853839000 USD
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
1851901000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
2018303000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
7005387000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
1567152000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
2771351000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1455769000 USD
CY2017Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
8551235000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
12777882000 USD
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
10689656000 USD
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9209211000 USD
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
9127533000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1851901000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
2018303000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
9209211000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
9127533000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7357310000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
7109230000 USD
CY2015 us-gaap Related Party Transaction Expenses From Transactions With Related Party
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CY2017 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;"></font><font style="font-family:inherit;font-size:10pt;color:#000000;font-weight:bold;text-decoration:none;">Organization</font><font style="font-family:inherit;font-size:10pt;font-weight:bold;">:</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Macerich Company (the "Company") is involved in the acquisition, ownership, development, redevelopment, management and leasing of regional and community/power shopping centers (the "Centers") located throughout the United States.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company commenced operations effective with the completion of its initial public offering on March&#160;16, 1994. As of </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">December&#160;31, 2017</font><font style="font-family:inherit;font-size:10pt;">, the Company was the sole general partner of and held a </font><font style="font-family:Times New Roman;font-size:10pt;color:#000000;font-style:normal;font-weight:normal;text-decoration:none;">93%</font><font style="font-family:inherit;font-size:10pt;"> ownership interest in The Macerich Partnership,&#160;L.P. (the "Operating Partnership"). The Company was organized to qualify as a real estate investment trust ("REIT") under the Internal Revenue Code of 1986, as amended (the "Code").</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The property management, leasing and redevelopment of the Company's portfolio is provided by the Company's management companies, Macerich Property Management Company,&#160;LLC, a single member Delaware limited liability company, Macerich Management Company, a California corporation, Macerich Arizona Partners&#160;LLC, a single member Arizona limited liability company, Macerich Arizona Management&#160;LLC, a single member Delaware limited liability company, Macerich Partners of Colorado LLC, a single member Colorado limited liability company, MACW Mall Management,&#160;Inc., a New York corporation, and MACW Property Management,&#160;LLC, a single member New York limited liability company. All </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">seven</font><font style="font-family:inherit;font-size:10pt;"> of the management companies are owned by the Company and are collectively referred to herein as the "Management Companies."</font></div></div>
CY2017 us-gaap Concentration Risk Credit Risk
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Concentration of Risk:</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company maintains its cash accounts in a number of commercial banks. Accounts at these banks are guaranteed by the Federal Deposit Insurance Corporation ("FDIC") up to </font><font style="font-family:inherit;font-size:10pt;color:#000000;text-decoration:none;">$250</font><font style="font-family:inherit;font-size:10pt;">. </font></div></div>
CY2017 us-gaap Use Of Estimates
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Management Estimates:</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of 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 revenues and expenses during the reporting period. Actual results could differ from those estimates.</font></div></div>

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