2016 Q1 Form 10-K Financial Statement

#000150370716000113 Filed on March 28, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 2014 Q4
Revenue $48.79M $111.2M
YoY Change 331.17% 270.24%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $11.82M $27.04M
YoY Change 601.66% 530.11%
% of Gross Profit
Operating Expenses
YoY Change
Operating Profit
YoY Change
Interest Expense $8.483M $17.62M
YoY Change 415.06% 490.98%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income -$17.25M -$39.30M
YoY Change 874.8% 826.36%
Income Tax $7.100M -$5.600M
% Of Pretax Income
Net Earnings -$38.30M -$82.74M
YoY Change 663.8% 452.4%
Net Earnings / Revenue -78.5% -74.4%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 180.7M shares 66.81M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2015 2014 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $179.2M $267.7M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill $22.11M $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $2.607B $917.1M
YoY Change 131.85% 691.71%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $1.256B $85.12M
YoY Change 557.83% 280.95%
SHAREHOLDERS EQUITY
Retained Earnings -$284.6M -$45.46M
YoY Change 314.69% 1074.02%
Common Stock $1.631B $876.2M
YoY Change 62.91% 801.75%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.346B $830.7M
YoY Change
Total Liabilities & Shareholders Equity $2.607B $917.1M
YoY Change 131.85% 691.71%

Cashflow Statement

Concept 2016 Q1 2015 2014 Q4
OPERATING ACTIVITIES
Net Income -$38.30M -$82.74M
YoY Change 663.8% 452.4%
Depreciation, Depletion And Amortization $11.82M $27.04M
YoY Change 601.66% 530.11%
Cash From Operating Activities -$8.563M
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $0.00 $5.246M
YoY Change -100.0% -3.6%
Cash From Investing Activities -$1.069B
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $2.265M -$698.8M
YoY Change -101.84% -7.97%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $1.164B
YoY Change
NET CHANGE
Cash From Operating Activities -$8.563M
Cash From Investing Activities -$1.069B
Cash From Financing Activities $1.164B
Net Change In Cash $86.56M
YoY Change
FREE CASH FLOW
Cash From Operating Activities -$8.563M
Capital Expenditures
Free Cash Flow
YoY Change

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6629000 USD
CY2013 us-gaap Depreciation
Depreciation
100000 USD
CY2014 us-gaap Depreciation
Depreciation
4300000 USD
CY2015 us-gaap Depreciation
Depreciation
15000000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
132000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
4291000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
27038000 USD
CY2013Q2 us-gaap Dividends Common Stock
DividendsCommonStock
47000 USD
CY2013Q3 us-gaap Dividends Common Stock
DividendsCommonStock
140000 USD
CY2013Q4 us-gaap Dividends Common Stock
DividendsCommonStock
1125000 USD
CY2013 us-gaap Dividends Common Stock
DividendsCommonStock
1312000 USD
CY2014Q1 us-gaap Dividends Common Stock
DividendsCommonStock
2562000 USD
CY2014Q2 us-gaap Dividends Common Stock
DividendsCommonStock
4574000 USD
CY2014Q3 us-gaap Dividends Common Stock
DividendsCommonStock
7561000 USD
CY2014Q4 us-gaap Dividends Common Stock
DividendsCommonStock
11944000 USD
CY2014 us-gaap Dividends Common Stock
DividendsCommonStock
26641000 USD
CY2015Q1 us-gaap Dividends Common Stock
DividendsCommonStock
18166000 USD
CY2015Q2 us-gaap Dividends Common Stock
DividendsCommonStock
19840000 USD
CY2015Q3 us-gaap Dividends Common Stock
DividendsCommonStock
22933000 USD
CY2015Q4 us-gaap Dividends Common Stock
DividendsCommonStock
27332000 USD
CY2015 us-gaap Dividends Common Stock
DividendsCommonStock
88271000 USD
CY2013Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
45000 USD
CY2013Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
91000 USD
CY2013Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
535000 USD
CY2013 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
671000 USD
CY2014Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
1169000 USD
CY2014Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
2070000 USD
CY2014Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
3360000 USD
CY2014Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5298000 USD
CY2014 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
11897000 USD
CY2015Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8023000 USD
CY2015Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
8772000 USD
CY2015Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
10142000 USD
CY2015Q4 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
12035000 USD
CY2015 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
38972000 USD
CY2013Q2 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
2000 USD
CY2013Q3 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
49000 USD
CY2013Q4 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
590000 USD
CY2013 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
641000 USD
CY2014Q1 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
1393000 USD
CY2014Q2 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
2504000 USD
CY2014Q3 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
4201000 USD
CY2014Q4 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
6646000 USD
CY2014 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
14744000 USD
CY2015Q1 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
10143000 USD
CY2015Q2 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
11068000 USD
CY2015Q3 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
12791000 USD
CY2015Q4 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
15297000 USD
CY2015 us-gaap Dividends Common Stock Stock
DividendsCommonStockStock
49299000 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
4794000 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
10002000 USD
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.38
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
755000 USD
CY2015Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
443000 USD
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.26
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.63
CY2013 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2014 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
199000 USD
CY2015 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
249000 USD
CY2014Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
0 USD
CY2015Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
21307000 USD
CY2014Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
6927000 USD
CY2015Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
27325000 USD
CY2013 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
0 USD
CY2014 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-156000 USD
CY2015 us-gaap Gain Loss On Sale Of Investments
GainLossOnSaleOfInvestments
-721000 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
313000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4418000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
20213000 USD
CY2014Q4 us-gaap Goodwill
Goodwill
0 USD
CY2015Q4 us-gaap Goodwill
Goodwill
22112000 USD
CY2013 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-2570000 USD
CY2014 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4242000 USD
CY2015 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-39296000 USD
CY2013 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2014 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-12127000 USD
CY2015 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-49046000 USD
CY2013 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
CY2014 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1390000 USD
CY2015 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-5598000 USD
CY2013 us-gaap Income Taxes Paid
IncomeTaxesPaid
0 USD
CY2014 us-gaap Income Taxes Paid
IncomeTaxesPaid
21000 USD
CY2015 us-gaap Income Taxes Paid
IncomeTaxesPaid
916000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
568000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1592000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7403000 USD
CY2013 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
729000 USD
CY2014 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
46000 USD
CY2015 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
139000 USD
CY2013 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
785000 USD
CY2014 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-876000 USD
CY2015 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
-730000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
67000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
154000 USD
CY2015 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-612000 USD
CY2013 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
0 USD
CY2014 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
0 USD
CY2015 us-gaap Increase Decrease In Other Operating Liabilities
IncreaseDecreaseInOtherOperatingLiabilities
486000 USD
CY2013 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
64000 USD
CY2014 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
980000 USD
CY2015 us-gaap Increase Decrease In Receivables
IncreaseDecreaseInReceivables
2250000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
428000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
4472000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
5930000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
180000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
2108000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
969000 USD
CY2013 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
53000 USD
CY2014 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
1149000 USD
CY2015 us-gaap Increase Decrease In Unbilled Receivables
IncreaseDecreaseInUnbilledReceivables
3413000 USD
CY2014Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
0 USD
CY2015Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
43799000 USD
CY2013 us-gaap Interest Expense
InterestExpense
98000 USD
CY2014 us-gaap Interest Expense
InterestExpense
2981000 USD
CY2015 us-gaap Interest Expense
InterestExpense
17617000 USD
CY2013 us-gaap Interest Income Operating
InterestIncomeOperating
375000 USD
CY2014 us-gaap Interest Income Operating
InterestIncomeOperating
7490000 USD
CY2015 us-gaap Interest Income Operating
InterestIncomeOperating
17763000 USD
CY2013 us-gaap Interest Paid
InterestPaid
24000 USD
CY2014 us-gaap Interest Paid
InterestPaid
1750000 USD
CY2015 us-gaap Interest Paid
InterestPaid
13930000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
235544000 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
664555000 USD
CY2014Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
215175000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
534541000 USD
CY2014Q4 us-gaap Land
Land
20035000 USD
CY2015Q4 us-gaap Land
Land
140734000 USD
CY2014Q4 us-gaap Land Improvements
LandImprovements
0 USD
CY2015Q4 us-gaap Land Improvements
LandImprovements
8384000 USD
CY2014Q4 us-gaap Liabilities
Liabilities
85119000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
596728000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
917104000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2002228000 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
579750000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
516923000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
232000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
10582000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
33032000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
15465000 USD
CY2015Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
3516000 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
1258000 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
5356000 USD
CY2015Q4 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
0.9999
CY2012Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
0 USD
CY2013Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
11250000 USD
CY2014Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
146267000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
192934000 USD
CY2013 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
0 USD
CY2014 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
141000 USD
CY2015 us-gaap Mortgage Loans On Real Estate Amortization Of Premium
MortgageLoansOnRealEstateAmortizationOfPremium
107000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate Carrying Amount Of Mortgages
MortgageLoansOnRealEstateCarryingAmountOfMortgages
192934000 USD
CY2013 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
0 USD
CY2014 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
0 USD
CY2015 us-gaap Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
27476000 USD
CY2014Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
146267000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
192934000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
193411000 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate Federal Income Tax Basis1
MortgageLoansOnRealEstateFederalIncomeTaxBasis1
192900000 USD
CY2013 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
11250000 USD
CY2014 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
134637000 USD
CY2015 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
75000000 USD
CY2015 us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
4 loan
CY2015Q4 us-gaap Mortgage Loans On Real Estate Principal Amount Of Delinquent Loans
MortgageLoansOnRealEstatePrincipalAmountOfDelinquentLoans
0 USD
CY2015Q4 us-gaap Mortgage Loans On Real Estate Prior Liens1
MortgageLoansOnRealEstatePriorLiens1
1538244000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
104746000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
805934000 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
1164453000 USD
CY2013 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-59069000 USD
CY2014 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-581879000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
-1069333000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-342000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-1920000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
-8563000 USD
CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-10000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-34000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-374000 USD
CY2013 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2560000 USD
CY2014 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-14945000 USD
CY2015 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-82370000 USD
CY2013 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
7813000 USD
CY2014 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2015 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2013 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
210000 USD
CY2014 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
1090000 USD
CY2015 us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
4472000 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
74355000 USD
CY2015Q4 us-gaap Notes Payable
NotesPayable
570985000 USD
CY2015 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 segment
CY2015Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
3635 unit
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
329341000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
34527000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
38234000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
37302000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
36392000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
35784000 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
147102000 USD
CY2013 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
526000 USD
CY2014 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
22549000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
91512000 USD
CY2014Q4 us-gaap Other Assets
OtherAssets
8385000 USD
CY2015Q4 us-gaap Other Assets
OtherAssets
20382000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
55000 USD
CY2015Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
536000 USD
CY2014Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
0 USD
CY2015Q4 us-gaap Other Intangible Assets Net
OtherIntangibleAssetsNet
380000 USD
CY2014Q4 us-gaap Other Liabilities
OtherLiabilities
0 USD
CY2015Q4 us-gaap Other Liabilities
OtherLiabilities
3018000 USD
CY2013 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2014 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
0 USD
CY2015 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1941000 USD
CY2013 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
1104000 USD
CY2014 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5442000 USD
CY2015 us-gaap Payments For Proceeds From Other Investing Activities
PaymentsForProceedsFromOtherInvestingActivities
5246000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
142000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3928000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
755000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22404000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
83063000 USD
CY2013 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1114000 USD
CY2014 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
2612000 USD
CY2015 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
8328000 USD
CY2013 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
CY2014 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
225380000 USD
CY2015 us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
394015000 USD
CY2013 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
46287000 USD
CY2014 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
207974000 USD
CY2015 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
579973000 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
194000 USD
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
790000 USD
CY2013 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
94052000 USD
CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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CY2015 us-gaap Nature Of Operations
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Business and Organization</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">NorthStar Healthcare Income, Inc. (the &#8220;Company&#8221;) was formed to acquire, originate and asset manage a diversified portfolio of equity, debt and securities investments in healthcare real estate, directly or through joint ventures, with a focus on the mid-acuity senior housing sector, which the Company defines as assisted living (&#8220;ALF&#8221;), memory care (&#8220;MCF&#8221;), skilled nursing (&#8220;SNF&#8221;), independent living (&#8220;ILF&#8221;) facilities and continuing care retirement communities which may have independent living, assisted living, skilled nursing and memory care available on one campus (&#8220;CCRC&#8221;). The Company also invests in other healthcare property types, including medical office buildings (&#8220;MOB&#8221;), hospitals, rehabilitation facilities and ancillary services businesses. The Company&#8217;s investments are predominantly in the United States, but it also selectively makes international investments. The Company was formed in October 2010 as a Maryland corporation and commenced operations in February 2013. The Company elected to be taxed as a real estate investment trust (&#8220;REIT&#8221;) under the Internal Revenue Code of 1986, as amended (the &#8220;Internal Revenue Code&#8221;), commencing with the taxable </font><font style="font-family:inherit;font-size:10pt;">year ended</font><font style="font-family:inherit;font-size:10pt;"> </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2013</font><font style="font-family:inherit;font-size:10pt;">. The Company conducts its operations so as to continue to qualify as a REIT for U.S. federal income tax purposes.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s equity investments are generally healthcare properties, which are either structured as net leases to healthcare operators or operated through management agreements with independent third-party operators, predominantly through the REIT Investment Diversification and Empowerment Act of 2007 (&#8220;RIDEA&#8221;) structures that permit the Company, through taxable REIT subsidiaries (&#8220;TRS&#8221;), to have direct exposure to resident fee income and incur related operating expenses. The Company&#8217;s debt investments consist of first mortgage loans and mezzanine loans. The Company currently owns no securities investments.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company is externally managed and has </font><font style="font-family:inherit;font-size:10pt;">no</font><font style="font-family:inherit;font-size:10pt;"> employees. Prior to June 30, 2014, the Company was managed by an affiliate of NorthStar Realty Finance Corp. (NYSE: NRF) (&#8220;NorthStar Realty&#8221;). Effective June 30, 2014, NorthStar Realty spun-off its asset management business into a separate publicly traded company, NorthStar Asset Management Group Inc. (NYSE: NSAM) (the &#8220;Sponsor&#8221;). The Sponsor and its affiliates provide asset management and other services to the Company, NorthStar Realty, NorthStar Realty Europe Corp. (NYSE: NRE), other sponsored public retail-focused companies and any other companies the Sponsor and its affiliates may manage in the future (collectively, the &#8220;NSAM Managed Companies&#8221;), both in the United States and internationally. Concurrent with the spin-off, affiliates of the Sponsor entered into a new advisory agreement with the Company and each of the other NSAM Managed Companies. Pursuant to the Company&#8217;s advisory agreement, NSAM J-NSHC Ltd, an affiliate of the Sponsor (the &#8220;Advisor&#8221;), agreed to manage the day-to-day operations of the Company on terms substantially similar to those set forth in the Company&#8217;s prior advisory agreement with NorthStar Healthcare Income Advisor, LLC (the &#8220;Prior Advisor&#8221;). References to the &#8220;Prior Advisor&#8221; herein refer to the services performed by and fees paid and accrued to the Prior Advisor during the period prior to June 30, 2014. The spin-off of NorthStar Realty&#8217;s asset management business had no impact on the Company&#8217;s operations.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Substantially all the Company&#8217;s business is conducted through NorthStar Healthcare Income Operating Partnership, LP (the &#8220;Operating Partnership&#8221;). The Company is the sole general partner of the Operating Partnership. The limited partners of the Operating Partnership are the Prior Advisor and NorthStar Healthcare Income OP Holdings, LLC (the &#8220;Special Unit Holder&#8221;), each an affiliate of the Sponsor. The Prior Advisor invested </font><font style="font-family:inherit;font-size:10pt;">$1,000</font><font style="font-family:inherit;font-size:10pt;"> in the Operating Partnership in exchange for common units and the Special Unit Holder invested </font><font style="font-family:inherit;font-size:10pt;">$1,000</font><font style="font-family:inherit;font-size:10pt;"> in the Operating Partnership and was issued a separate class of limited partnership units (the &#8220;Special Units&#8221;), which are collectively recorded as non-controlling interests on the consolidated balance sheets as of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;"> and 2014. As the Company accepts subscriptions for shares, it contributes substantially all of the net proceeds from its continuous, public offering to the Operating Partnership as a capital contribution. As of </font><font style="font-family:inherit;font-size:10pt;">December&#160;31, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s limited partnership interest in the Operating Partnership was </font><font style="font-family:inherit;font-size:10pt;">99.99%</font><font style="font-family:inherit;font-size:10pt;">.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company&#8217;s charter authorizes the issuance of up to </font><font style="font-family:inherit;font-size:10pt;">400.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock with a par value of </font><font style="font-family:inherit;font-size:10pt;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> per share and up to </font><font style="font-family:inherit;font-size:10pt;">50.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares of preferred stock with a par value of </font><font style="font-family:inherit;font-size:10pt;">$0.01</font><font style="font-family:inherit;font-size:10pt;"> per share. The board of directors of the Company is authorized to amend its charter, without the approval of the stockholders, to increase the aggregate number of authorized shares of capital stock or the number of shares of any class or series that the Company has authority to issue.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company initially registered to offer up to </font><font style="font-family:inherit;font-size:10pt;">100.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares pursuant to its primary offering to the public (the &#8220;Initial Primary Offering&#8221;) and up to </font><font style="font-family:inherit;font-size:10pt;">10.5 million</font><font style="font-family:inherit;font-size:10pt;"> shares pursuant to its distribution reinvestment plan (the &#8220;Initial DRP&#8221;), which are herein collectively referred to as the Initial Offering. The Initial Offering (including </font><font style="font-family:inherit;font-size:10pt;">8.6 million</font><font style="font-family:inherit;font-size:10pt;"> shares reallocated from the Initial DRP) was completed on </font><font style="font-family:inherit;font-size:10pt;">February 2, 2015</font><font style="font-family:inherit;font-size:10pt;"> by raising </font><font style="font-family:inherit;font-size:10pt;">$1.1 billion</font><font style="font-family:inherit;font-size:10pt;">. All of the shares initially registered for the Initial Offering were issued.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On </font><font style="font-family:inherit;font-size:10pt;">February&#160;6, 2015</font><font style="font-family:inherit;font-size:10pt;">, the Company&#8217;s registration statement on Form S-11 was declared effective by the U.S. Securities and Exchange Commission (the &#8220;SEC&#8221;) for a follow-on public offering (the &#8220;Follow-on Offering&#8221;) of up to </font><font style="font-family:inherit;font-size:10pt;">$700.0 million</font><font style="font-family:inherit;font-size:10pt;"> which includes up to </font><font style="font-family:inherit;font-size:10pt;">$500.0 million</font><font style="font-family:inherit;font-size:10pt;"> in shares pursuant to its follow-on primary offering (the &#8220;Follow-on Primary Offering&#8221;) and up to </font><font style="font-family:inherit;font-size:10pt;">$200.0 million</font><font style="font-family:inherit;font-size:10pt;"> in shares pursuant to its follow-on distribution reinvestment plan (the &#8220;Follow-on DRP&#8221;). The Company stopped accepting subscriptions for the Follow-on Offering on December 17, 2015 and all of the shares initially registered (including </font><font style="font-family:inherit;font-size:10pt;">$159.5 million</font><font style="font-family:inherit;font-size:10pt;"> of shares reallocated from the Follow-on DRP) for the Offering were issued on or before January 19, 2016. The Company registered an additional </font><font style="font-family:inherit;font-size:10pt;">30.0 million</font><font style="font-family:inherit;font-size:10pt;"> shares to be offered pursuant to DRP beyond the completion of the Offering and continue to offer such shares.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Initial Primary Offering and the Follow-on Primary Offering are collectively referred to as the Primary Offering and the distribution reinvestment plan, including but not limited to, the Initial DRP and Follow-on DRP are collectively referred to as the DRP. Additionally, the Primary Offering and the Initial DRP and Follow-on DRP are collectively referred to as the Offering.</font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company retained NorthStar Securities, LLC (the &#8220;Dealer Manager&#8221;), formerly a subsidiary of NorthStar Realty that became a subsidiary of the Sponsor upon completion of the spin-off, to serve as the dealer manager for the Primary Offering. </font></div><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">On February 11, 2013, the Company commenced operations by satisfying the minimum offering requirement in its Initial Primary Offering as a result of NorthStar Realty purchasing </font><font style="font-family:inherit;font-size:10pt;">222,223</font><font style="font-family:inherit;font-size:10pt;"> shares of common stock for </font><font style="font-family:inherit;font-size:10pt;">$2.0 million</font><font style="font-family:inherit;font-size:10pt;">. From inception through </font><font style="font-family:inherit;font-size:10pt;">March&#160;23, 2016</font><font style="font-family:inherit;font-size:10pt;">, the Company raised total gross proceeds of </font><font style="font-family:inherit;font-size:10pt;">$1.8 billion</font><font style="font-family:inherit;font-size:10pt;">.</font></div></div>
CY2015 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:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain prior period amounts have been reclassified in the consolidated financial statements to conform to current period presentation.</font></div></div>
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:10px;padding-top:10px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of consolidated financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that could affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates and assumptions.</font></div></div>

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