2018 Q2 Form 10-Q Financial Statement

#000087786018000060 Filed on August 07, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $72.96M $69.84M
YoY Change 4.47% 14.1%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin $3.250M $2.930M
YoY Change 10.92% 16.27%
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.79M $16.82M
YoY Change 5.8% 14.45%
% of Gross Profit
Operating Expenses $35.12M $31.49M
YoY Change 11.54% -26.1%
Operating Profit $37.84M $38.34M
YoY Change -1.31% 106.13%
Interest Expense $12.22M $11.73M
YoY Change 4.16% 9.99%
% of Operating Profit 32.29% 30.6%
Other Income/Expense, Net
YoY Change
Pretax Income $37.84M $38.24M
YoY Change -1.05% 105.59%
Income Tax
% Of Pretax Income
Net Earnings $37.84M $38.25M
YoY Change -1.06% -14.24%
Net Earnings / Revenue 51.87% 54.76%
Basic Earnings Per Share $0.91 $0.93
Diluted Earnings Per Share $0.91 $0.93
COMMON SHARES
Basic Shares Outstanding 41.70M shares 40.98M shares
Diluted Shares Outstanding 41.79M shares 41.25M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $3.000M $3.926M
YoY Change -23.59% -85.79%
Cash & Equivalents $2.638M $3.926M
Short-Term Investments $0.00
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $9.700M $3.800M
Other Receivables $108.8M $83.20M
Total Short-Term Assets $121.5M $90.50M
YoY Change 34.25% 29.66%
LONG-TERM ASSETS
Property, Plant & Equipment $2.389B $2.267B
YoY Change 5.37% 9.72%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $5.200M $4.400M
YoY Change 18.18% -48.84%
Total Long-Term Assets $2.552B $2.421B
YoY Change 5.42% 6.84%
TOTAL ASSETS
Total Short-Term Assets $121.5M $90.50M
Total Long-Term Assets $2.552B $2.421B
Total Assets $2.673B $2.511B
YoY Change 6.46% 7.52%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $16.80M $18.30M
YoY Change -8.2% -30.15%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $80.30M $79.60M
YoY Change 0.88% -3.75%
LONG-TERM LIABILITIES
Long-Term Debt $1.226B $1.145B
YoY Change 7.05% 6.73%
Other Long-Term Liabilities $5.800M
YoY Change
Total Long-Term Liabilities $1.232B $1.145B
YoY Change 7.55% 6.61%
TOTAL LIABILITIES
Total Short-Term Liabilities $80.30M $79.60M
Total Long-Term Liabilities $1.232B $1.145B
Total Liabilities $1.312B $1.225B
YoY Change 7.12% 5.86%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.334B $1.255B
YoY Change 6.32% 10.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.361B $1.286B
YoY Change
Total Liabilities & Shareholders Equity $2.673B $2.511B
YoY Change 6.46% 7.52%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $37.84M $38.25M
YoY Change -1.06% -14.24%
Depreciation, Depletion And Amortization $17.79M $16.82M
YoY Change 5.8% 14.45%
Cash From Operating Activities $53.30M $46.20M
YoY Change 15.37% 10.26%
INVESTING ACTIVITIES
Capital Expenditures -$115.2M -$10.40M
YoY Change 1007.69% -95.87%
Acquisitions
YoY Change
Other Investing Activities -$6.100M $2.900M
YoY Change -310.34% -91.92%
Cash From Investing Activities -$121.3M -$7.500M
YoY Change 1517.33% -96.53%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 67.90M -41.00M
YoY Change -265.61% -127.44%
NET CHANGE
Cash From Operating Activities 53.30M 46.20M
Cash From Investing Activities -121.3M -7.500M
Cash From Financing Activities 67.90M -41.00M
Net Change In Cash -100.0K -2.300M
YoY Change -95.65% -90.76%
FREE CASH FLOW
Cash From Operating Activities $53.30M $46.20M
Capital Expenditures -$115.2M -$10.40M
Free Cash Flow $168.5M $56.60M
YoY Change 197.7% -80.75%

Facts In Submission

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CY2018Q2 us-gaap Interest Expense
InterestExpense
12220000 USD
us-gaap Interest Expense
InterestExpense
23834000 USD
CY2017Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
10312000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
20345000 USD
CY2018Q2 us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
11414000 USD
us-gaap Interest Expense Debt Excluding Amortization
InterestExpenseDebtExcludingAmortization
21941000 USD
CY2017Q2 us-gaap Interest Income Operating
InterestIncomeOperating
4101000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
7352000 USD
CY2018Q2 us-gaap Interest Income Operating
InterestIncomeOperating
3087000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
6580000 USD
CY2017Q1 us-gaap Interest Paid
InterestPaid
21667000 USD
CY2018Q1 us-gaap Interest Paid
InterestPaid
22403000 USD
CY2018Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
787000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2471602000 USD
CY2018Q2 us-gaap Investment Building And Building Improvements
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CY2017Q4 us-gaap Land
Land
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CY2018Q2 us-gaap Land
Land
200197000 USD
CY2017Q2 us-gaap Legal Fees
LegalFees
146000 USD
us-gaap Legal Fees
LegalFees
202000 USD
CY2018Q2 us-gaap Legal Fees
LegalFees
223000 USD
us-gaap Legal Fees
LegalFees
334000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
1223704000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
1311864000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2545821000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2673236000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
1256000 USD
us-gaap Loss On Cash Flow Hedge Ineffectiveness
LossOnCashFlowHedgeIneffectiveness
353000 USD
CY2016Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
CY2017Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
10038000 USD
CY2017Q3 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
221000000 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
327000000 USD
CY2018Q2 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
800000000 USD
us-gaap Line Of Credit Facility Unused Capacity Commitment Fee Percentage
LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
20
us-gaap Loans And Leases Receivable Commitments Fixed Rates
LoansAndLeasesReceivableCommitmentsFixedRates
117000000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
141486000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
149676000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
1166000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingAfterYearFive
409561000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFive
703353000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearFour
121303000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Rolling Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInRollingYearTwo
1207000 USD
CY2018Q1 us-gaap Marketable Securities Realized Gain Loss
MarketableSecuritiesRealizedGainLoss
0 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
10038000 USD
us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
0 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
31601000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
39054000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-127911000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-140897000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
94948000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
101825000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
38245000 USD
us-gaap Net Income Loss
NetIncomeLoss
82475000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
37839000 USD
us-gaap Net Income Loss
NetIncomeLoss
76271000 USD
CY2018Q2 us-gaap New Accounting Pronouncement Or Change In Accounting Principle Cumulative Effect Of Change On Equity Or Net Assets1
NewAccountingPronouncementOrChangeInAccountingPrincipleCumulativeEffectOfChangeOnEquityOrNetAssets1
235000 USD
CY2017Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
598000 USD
CY2018Q1 us-gaap Noncash Or Part Noncash Acquisition Value Of Liabilities Assumed1
NoncashOrPartNoncashAcquisitionValueOfLiabilitiesAssumed1
273000 USD
CY2018Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
219 properties
CY2018Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
33
CY2017Q2 us-gaap Operating Expenses
OperatingExpenses
31485000 USD
us-gaap Operating Expenses
OperatingExpenses
63722000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
35117000 USD
us-gaap Operating Expenses
OperatingExpenses
68693000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
38341000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
72483000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37839000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
77009000 USD
CY2017Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
65725000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
128853000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2373000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
CY2018Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
69869000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
139122000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
18212000 USD
CY2018Q2 us-gaap Other Assets
OtherAssets
23126000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-45000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8855000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
803000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
2725000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
10038000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci For Sale Of Securities Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIForSaleOfSecuritiesNetOfTax
0 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-645000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1434000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-76000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-352000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-690000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-225000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
727000 USD
CY2018Q2 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
0 USD
us-gaap Other Noncash Income
OtherNoncashIncome
470000 USD
us-gaap Other Noncash Income
OtherNoncashIncome
943000 USD
CY2016Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2017Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
10088000 USD
CY2017Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
CY2018Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
0 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
2891000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
4269000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
4000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
74651000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
80988000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
360000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
325000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
30950000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
9845000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
128411000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
129558000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
8446000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
79772000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
44920000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
153000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
179000000 USD
us-gaap Proceeds From Real Estate And Real Estate Joint Ventures
ProceedsFromRealEstateAndRealEstateJointVentures
450000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
568000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
2762000 USD
us-gaap Repayments Of Convertible Debt
RepaymentsOfConvertibleDebt
29985000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
123000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
73000000 USD
CY2017Q4 us-gaap Replacement Reserve Escrow
ReplacementReserveEscrow
4817000 USD
CY2018Q2 us-gaap Replacement Reserve Escrow
ReplacementReserveEscrow
5209000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
24155000 USD
us-gaap Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
2775000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
18182000 USD
CY2017 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
18182000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
0 USD
CY2017Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2665903000 USD
CY2018Q2 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
2803950000 USD
CY2017Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2285701000 USD
CY2018Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2388618000 USD
us-gaap Repayments Of Bank Debt
RepaymentsOfBankDebt
394000 USD
CY2017Q2 us-gaap Revenues
Revenues
69826000 USD
us-gaap Revenues
Revenues
136205000 USD
CY2018Q2 us-gaap Revenues
Revenues
72956000 USD
us-gaap Revenues
Revenues
145702000 USD
us-gaap Sale Leaseback Transaction Transaction Costs Investing Activities
SaleLeasebackTransactionTransactionCostsInvestingActivities
100000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
21275000 USD
CY2018Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
21325000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1794000 USD
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.053
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Dividend Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedDividendRate
0.065
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.198
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Expected Volatility Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsExpectedVolatilityRate
0.194
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0149
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Fair Value Assumptions Risk Free Interest Rate
ShareBasedCompensationArrangementByShareBasedPaymentAwardFairValueAssumptionsRiskFreeInterestRate
0.0239
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
540830 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
854990 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
5.75
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
4.49
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
541679 shares
CY2017Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
934181 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
859182 shares
CY2018Q2 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1310012 shares
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y11M2D
us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P2Y11M9D
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
44920000 USD
CY2017Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
342000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1865000 USD
CY2018Q2 us-gaap Stock Option Plan Expense
StockOptionPlanExpense
368000 USD
us-gaap Stock Option Plan Expense
StockOptionPlanExpense
1794000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1322117000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
1361372000 USD
us-gaap Straight Line Rent
StraightLineRent
12005000 USD
us-gaap Straight Line Rent
StraightLineRent
11797000 USD
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
10453000 USD
CY2018Q2 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
8994000 USD
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
40982244 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
40468024 shares
CY2018Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
41704819 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
41618487 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41245173 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
40679345 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41786829 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
41681854 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40982244 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
40468024 shares
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41704819 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
41618487 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<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;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;"> - We have reclassified certain balances where necessary to conform the presentation of prior periods to the current period. These reclassifications had no effect on previously reported net income.</font></div></div>
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 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>

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