2015 Q3 Form 10-Q Financial Statement

#000087786015000087 Filed on November 05, 2015

View on sec.gov

Income Statement

Concept 2015 Q3 2014 Q4 2014 Q3
Revenue $58.28M $45.74M $44.48M
YoY Change 31.04% 39.48% 44.2%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $2.020M $2.050M $2.310M
YoY Change -12.55% -19.61% 22.22%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $13.49M $9.700M $9.600M
YoY Change 40.47% 61.67% 68.42%
% of Gross Profit
Operating Expenses $25.28M $11.76M $18.91M
YoY Change 33.69% 39.34% 117.7%
Operating Profit $25.52M
YoY Change 14.21%
Interest Expense $9.772M -$5.880M $7.005M
YoY Change 39.5% -6633.33% 112.92%
% of Operating Profit 27.45%
Other Income/Expense, Net $100.0K
YoY Change
Pretax Income $32.94M $28.10M $25.57M
YoY Change 28.84% 14.93% 15.37%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings $33.60M $27.53M $25.25M
YoY Change 33.07% -0.87% -40.93%
Net Earnings / Revenue 57.65% 60.2% 56.77%
Basic Earnings Per Share $0.89 $0.80 $0.76
Diluted Earnings Per Share $0.89 $0.80 $0.76
COMMON SHARES
Basic Shares Outstanding 37.57M shares 34.34M shares 33.06M shares
Diluted Shares Outstanding 37.58M shares 34.40M shares 33.09M shares

Balance Sheet

Concept 2015 Q3 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $49.35M $18.59M $16.83M
YoY Change 193.13% -22.4% -19.94%
Cash & Equivalents $14.20M $3.091M $3.559M
Short-Term Investments $35.15M $15.50M $13.28M
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $4.633M $3.818M $2.222M
Other Receivables $53.70M $35.20M $31.40M
Total Short-Term Assets $72.50M $42.30M $37.20M
YoY Change 94.89% 30.15% 44.75%
LONG-TERM ASSETS
Property, Plant & Equipment $1.843B $1.777B $1.291B
YoY Change 42.83% 42.38% 68.17%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $8.659M $9.424M $9.651M
YoY Change -10.28% -0.74% 2.25%
Other Assets $5.500M $26.00M $26.50M
YoY Change -79.25% -45.03% 4316.67%
Total Long-Term Assets $2.061B $1.941B $1.451B
YoY Change 42.02% 36.35% 62.77%
TOTAL ASSETS
Total Short-Term Assets $72.50M $42.30M $37.20M
Total Long-Term Assets $2.061B $1.941B $1.451B
Total Assets $2.133B $1.983B $1.488B
YoY Change 43.34% 36.21% 62.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $19.90M $15.70M $12.60M
YoY Change 57.94% 96.25% 61.54%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $73.10M $66.20M $60.80M
YoY Change 20.23% 20.15% 114.84%
LONG-TERM LIABILITIES
Long-Term Debt $1.009B $862.7M $641.0M
YoY Change 57.43% 39.8% 63.77%
Other Long-Term Liabilities $6.200M $4.100M $5.400M
YoY Change 14.81% -36.92% -22.86%
Total Long-Term Liabilities $1.015B $866.8M $646.4M
YoY Change 57.07% 39.0% 62.25%
TOTAL LIABILITIES
Total Short-Term Liabilities $73.10M $66.20M $60.80M
Total Long-Term Liabilities $1.015B $866.8M $646.4M
Total Liabilities $1.088B $933.0M $707.1M
YoY Change 53.92% 37.48% 65.72%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.036B $1.034B $763.2M
YoY Change 35.73% 37.18% 61.99%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.035B $1.040B $771.1M
YoY Change
Total Liabilities & Shareholders Equity $2.133B $1.983B $1.488B
YoY Change 43.34% 36.21% 62.27%

Cashflow Statement

Concept 2015 Q3 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income $33.60M $27.53M $25.25M
YoY Change 33.07% -0.87% -40.93%
Depreciation, Depletion And Amortization $13.49M $9.700M $9.600M
YoY Change 40.47% 61.67% 68.42%
Cash From Operating Activities $40.80M $32.90M $31.60M
YoY Change 29.11% 10.4% 19.25%
INVESTING ACTIVITIES
Capital Expenditures -$100.8M -$484.8M -$3.000M
YoY Change 3260.0% -3.41% -94.11%
Acquisitions
YoY Change
Other Investing Activities -$12.50M -$9.000M -$6.900M
YoY Change 81.16% 32.35% -158.97%
Cash From Investing Activities -$113.2M -$493.8M -$9.900M
YoY Change 1043.43% -2.93% -74.74%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 83.40M 460.6M -25.40M
YoY Change -428.35% -4.6% 55.83%
NET CHANGE
Cash From Operating Activities 40.80M 32.90M 31.60M
Cash From Investing Activities -113.2M -493.8M -9.900M
Cash From Financing Activities 83.40M 460.6M -25.40M
Net Change In Cash 11.00M -300.0K -3.700M
YoY Change -397.3% -107.69% -87.24%
FREE CASH FLOW
Cash From Operating Activities $40.80M $32.90M $31.60M
Capital Expenditures -$100.8M -$484.8M -$3.000M
Free Cash Flow $141.6M $517.7M $34.60M
YoY Change 309.25% -2.63% -55.3%

Facts In Submission

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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityGainLossIncludedInEarnings
0 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
-1400000 USD
us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Liability Purchases Sales Issuances Settlements
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisLiabilityPurchasesSalesIssuancesSettlements
750000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1126000 USD
CY2014Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
CY2015Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1126000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
1126000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2164000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6948000 USD
CY2015Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1691000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8050000 USD
CY2014Q4 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Amortized Cost Before Other Than Temporary Impairment
HeldToMaturitySecuritiesAmortizedCostBeforeOtherThanTemporaryImpairment
20083000 USD
CY2014Q4 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
0 USD
CY2015Q3 us-gaap Held To Maturity Securities Fair Value
HeldToMaturitySecuritiesFairValue
20192000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25569000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
74795000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
33103000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
95167000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.76
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Basic Share
IncomeLossFromContinuingOperationsPerBasicShare
0.89
CY2014Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.76
CY2015Q3 us-gaap Income Loss From Continuing Operations Per Diluted Share
IncomeLossFromContinuingOperationsPerDilutedShare
0.89
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-53000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
157000 USD
CY2015Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-252000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-765000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-493000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-56000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-2529000 USD
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
1401000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-4000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
693000 USD
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
0 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Debt Securities
IncrementalCommonSharesAttributableToConversionOfDebtSecurities
6314 shares
CY2014Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
32578 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
33643 shares
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
16920 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
42024 shares
CY2014Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-156000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-367000 USD
CY2015Q3 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-92000 USD
us-gaap Interest Costs Capitalized
InterestCostsCapitalized
-296000 USD
CY2014Q3 us-gaap Interest Expense
InterestExpense
7005000 USD
us-gaap Interest Expense
InterestExpense
20720000 USD
CY2015Q3 us-gaap Interest Expense
InterestExpense
9772000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
61000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
157000000 USD
CY2015Q3 us-gaap Line Of Credit
LineOfCredit
217000000 USD
us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
86000000 USD
us-gaap Interest Expense
InterestExpense
27471000 USD
CY2014Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
6426000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
17126000 USD
CY2015Q3 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
9000000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
25223000 USD
CY2014Q3 us-gaap Interest Income Operating
InterestIncomeOperating
1754000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
5258000 USD
CY2015Q3 us-gaap Interest Income Operating
InterestIncomeOperating
2507000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
7149000 USD
us-gaap Interest Paid
InterestPaid
13460000 USD
us-gaap Interest Paid
InterestPaid
21029000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1854855000 USD
CY2015Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1939943000 USD
CY2014Q3 us-gaap Investment Income Net
InvestmentIncomeNet
1055000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
3182000 USD
CY2015Q3 us-gaap Investment Income Net
InvestmentIncomeNet
1316000 USD
us-gaap Investment Income Net
InvestmentIncomeNet
3573000 USD
CY2014Q4 us-gaap Land
Land
127566000 USD
CY2015Q3 us-gaap Land
Land
136336000 USD
CY2014Q3 us-gaap Legal Fees
LegalFees
66000 USD
us-gaap Legal Fees
LegalFees
149000 USD
CY2015Q3 us-gaap Legal Fees
LegalFees
117000 USD
us-gaap Legal Fees
LegalFees
295000 USD
us-gaap Lessor Leasing Arrangements Operating Leases Renewal Term
LessorLeasingArrangementsOperatingLeasesRenewalTerm
P5Y0M0D
CY2014Q4 us-gaap Liabilities
Liabilities
933027000 USD
CY2015Q3 us-gaap Liabilities
Liabilities
1088459000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1982960000 USD
CY2015Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2133125000 USD
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
374000000 USD
CY2015Q3 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
800000000 USD
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
40
CY2014Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
63630000 USD
CY2015Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
117828000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
762000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
545805000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
467871000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
842000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearThree
814000 USD
CY2015Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
787000 USD
CY2014Q4 us-gaap Marketable Securities
MarketableSecurities
15503000 USD
CY2015Q3 us-gaap Marketable Securities
MarketableSecurities
35148000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
0 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
10008000 USD
CY2015Q3 us-gaap Minority Interest
MinorityInterest
9762000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1308000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-54491000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
48860000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-46477000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-158746000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
93215000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
120796000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
25250000 USD
us-gaap Net Income Loss
NetIncomeLoss
74080000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
33600000 USD
us-gaap Net Income Loss
NetIncomeLoss
94466000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
266000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
872000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
377000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1062000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
2623000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
686000 USD
CY2015Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
179 properties
CY2015Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
31
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
18909000 USD
us-gaap Operating Expenses
OperatingExpenses
56980000 USD
CY2015Q3 us-gaap Operating Expenses
OperatingExpenses
25179000 USD
us-gaap Operating Expenses
OperatingExpenses
75179000 USD
CY2014Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
41669000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
123335000 USD
CY2015Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
54459000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
159624000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1085000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2429000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-3680000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-5348000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1209000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
2927000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
1185000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
3318000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
3010000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-126000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2896000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-1592000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-716000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
624000 USD
CY2015Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
401000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-438000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
3000000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2362000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
2495000 USD
us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
750000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
3078000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
2757000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
8899000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
75195000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
92726000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
1439000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
73092000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
35688000 USD
us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.085
CY2014Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
21648000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
104066000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
6022000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
8807000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1589000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
1308000 USD
CY2015Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
21275000 USD
us-gaap Profit Loss
ProfitLoss
95528000 USD
CY2014Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1988849000 USD
CY2015Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2088622000 USD
CY2014Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1776549000 USD
CY2015Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1843213000 USD
CY2014Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2015Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
1346000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
250815000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
554000 USD
CY2014Q3 us-gaap Revenues
Revenues
44478000 USD
us-gaap Revenues
Revenues
131775000 USD
CY2015Q3 us-gaap Revenues
Revenues
58282000 USD
us-gaap Revenues
Revenues
170346000 USD
CY2014Q4 us-gaap Security Deposit
SecurityDeposit
21648000 USD
CY2015Q3 us-gaap Security Deposit
SecurityDeposit
0 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1930000 USD
CY2015Q3 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
19.25
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
130000000 USD
us-gaap Proceeds From Bank Debt
ProceedsFromBankDebt
225000000 USD
CY2014Q1 us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
200000000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
200000000 USD
us-gaap Proceeds From Convertible Debt
ProceedsFromConvertibleDebt
0 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
38007000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
78084000 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
0 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
9593000 USD
us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
0 USD
us-gaap Proceeds From Recoveries Of Loan Previously Charged Off
ProceedsFromRecoveriesOfLoanPreviouslyChargedOff
-491000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
1350000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
19128000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
3750000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
25516000 USD
us-gaap Profit Loss
ProfitLoss
74952000 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
33977000 USD
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
648323 shares
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
496664 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
-15000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Expirations In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExpirationsInPeriod
-100000 shares
CY2013Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
516674 shares
CY2014Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
875004 shares
CY2014Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
871671 shares
CY2015Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
233000 USD
CY2015Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
770012 shares
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
1000 USD
CY2014Q3 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
223000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1796000 USD
CY2015Q3 us-gaap Stockholders Equity
StockholdersEquity
1034904000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1049933000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1044666000 USD
us-gaap Straight Line Rent
StraightLineRent
12692000 USD
us-gaap Straight Line Rent
StraightLineRent
18492000 USD
CY2014Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
11491000 USD
CY2015Q3 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
12153000 USD
CY2014Q4 us-gaap Unsecured Debt
UnsecuredDebt
250000000 USD
CY2015Q3 us-gaap Unsecured Debt
UnsecuredDebt
250000000 USD
CY2014Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
33055992 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
33053386 shares
CY2015Q3 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
37566221 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
37563503 shares
CY2014Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33088570 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
33087029 shares
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37583141 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37611841 shares
CY2014Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33055992 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
33053386 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37566221 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37563503 shares
CY2014Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
2145000 USD
CY2015Q3 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
0 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:justify;text-indent:17px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;">Use of Estimates -</font><font style="font-family:inherit;font-size:10pt;"> The preparation of consolidated financial statements in conformity with accounting principles generally accepted in the U.S. requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, 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>

Files In Submission

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0000877860-15-000087-index-headers.html Edgar Link pending
0000877860-15-000087-index.html Edgar Link pending
0000877860-15-000087.txt Edgar Link pending
0000877860-15-000087-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
nhi-20150930.xml Edgar Link completed
nhi-20150930.xsd Edgar Link pending
nhi-20150930_cal.xml Edgar Link unprocessable
nhi-20150930_def.xml Edgar Link unprocessable
nhi-20150930_lab.xml Edgar Link unprocessable
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nhi-9302015x10q.htm Edgar Link pending
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