2017 Q4 Form 10-Q Financial Statement

#000161856317000117 Filed on November 07, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $73.37M $68.86M $52.95M
YoY Change 24.01% 30.05% 48.41%
Cost Of Revenue $21.62M
YoY Change
Gross Profit $47.24M
YoY Change
Gross Profit Margin 68.6%
Selling, General & Admin $31.30M $29.10M $22.60M
YoY Change 21.32% 28.76% 40.37%
% of Gross Profit 61.6%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.20M $18.40M $14.30M
YoY Change 20.24% 28.67% 38.83%
% of Gross Profit 38.95%
Operating Expenses $51.45M $47.56M $36.91M
YoY Change 20.78% 28.86% 39.82%
Operating Profit $21.92M $21.30M $16.04M
YoY Change 32.3% 32.77% 72.84%
Interest Expense -$9.400M $9.157M $6.265M
YoY Change 10.59% 46.16% 47.55%
% of Operating Profit -42.88% 43.0% 39.06%
Other Income/Expense, Net $0.00 -$9.909M -$8.017M
YoY Change -100.0% 23.6% 11.78%
Pretax Income $12.40M $11.39M $8.024M
YoY Change 103.28% 41.92% 282.1%
Income Tax $400.0K $162.0K $80.00K
% Of Pretax Income 3.23% 1.42% 1.0%
Net Earnings $12.02M $1.271M -$11.00K
YoY Change 43.1% -11654.55% -100.25%
Net Earnings / Revenue 16.38% 1.85% -0.02%
Basic Earnings Per Share -$0.08 $0.03 $0.00
Diluted Earnings Per Share -$0.08 $0.03 $0.00
COMMON SHARES
Basic Shares Outstanding 44.47M shares 44.27M shares 35.08M shares
Diluted Shares Outstanding 44.27M shares 35.08M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $13.40M $13.70M $11.50M
YoY Change 6.35% 19.13% 69.12%
Cash & Equivalents $13.37M $13.67M $11.47M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $2.300M $2.000M $1.600M
Other Receivables $2.200M $1.600M $400.0K
Total Short-Term Assets $17.90M $17.30M $13.50M
YoY Change 10.49% 28.15% 68.75%
LONG-TERM ASSETS
Property, Plant & Equipment $1.444M $1.245M $822.0K
YoY Change 16.17% 51.46% 92.51%
Goodwill $5.750M $5.750M
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $89.09M $88.22M
YoY Change 9.32%
Other Assets $10.70M $10.80M $28.30M
YoY Change -50.69% -61.84% 169.52%
Total Long-Term Assets $2.249B $2.056B $1.569B
YoY Change 19.88% 31.05% 51.31%
TOTAL ASSETS
Total Short-Term Assets $17.90M $17.30M $13.50M
Total Long-Term Assets $2.249B $2.056B $1.569B
Total Assets $2.267B $2.073B $1.582B
YoY Change 19.8% 31.03% 51.44%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $24.50M $27.90M $29.60M
YoY Change 13.43% -5.74% 78.31%
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 $24.50M $27.90M $29.60M
YoY Change 13.43% -5.74% 0.0%
LONG-TERM LIABILITIES
Long-Term Debt $958.1M $1.072B $722.6M
YoY Change 9.0% 48.34% 45.69%
Other Long-Term Liabilities $12.70M $12.70M $7.800M
YoY Change 1.6% 62.82% 47.17%
Total Long-Term Liabilities $970.8M $1.085B $730.4M
YoY Change 8.9% 48.49% 45.7%
TOTAL LIABILITIES
Total Short-Term Liabilities $24.50M $27.90M $29.60M
Total Long-Term Liabilities $970.8M $1.085B $730.4M
Total Liabilities $995.2M $1.112B $760.1M
YoY Change 9.01% 46.36% 43.17%
SHAREHOLDERS EQUITY
Retained Earnings -$55.73M -$38.12M -$8.013M
YoY Change 539.17% 375.69% -80230.0%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $841.0M $566.4M $443.1M
YoY Change
Total Liabilities & Shareholders Equity $2.267B $2.073B $1.582B
YoY Change 19.8% 31.03% 51.44%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $12.02M $1.271M -$11.00K
YoY Change 43.1% -11654.55% -100.25%
Depreciation, Depletion And Amortization $20.20M $18.40M $14.30M
YoY Change 20.24% 28.67% 38.83%
Cash From Operating Activities $29.40M $39.40M $27.90M
YoY Change 11.79% 41.22% 68.07%
INVESTING ACTIVITIES
Capital Expenditures -$186.9M -$125.8M -$204.4M
YoY Change -11.71% -38.45% 137.95%
Acquisitions
YoY Change
Other Investing Activities -$5.300M $500.0K -$8.400M
YoY Change -93.98% -105.95% 180.0%
Cash From Investing Activities -$192.2M -$125.3M -$212.8M
YoY Change -35.89% -41.12% 139.1%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $140.3M $237.5M
YoY Change 32.99%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 160.8M 76.80M 187.1M
YoY Change -41.03% -58.95% 155.95%
NET CHANGE
Cash From Operating Activities 29.40M 39.40M 27.90M
Cash From Investing Activities -192.2M -125.3M -212.8M
Cash From Financing Activities 160.8M 76.80M 187.1M
Net Change In Cash -2.000M -9.100M 2.200M
YoY Change 150.0% -513.64% 214.29%
FREE CASH FLOW
Cash From Operating Activities $29.40M $39.40M $27.90M
Capital Expenditures -$186.9M -$125.8M -$204.4M
Free Cash Flow $216.3M $165.2M $232.3M
YoY Change -9.12% -28.89% 126.63%

Facts In Submission

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DeferredFinanceCostsNet
3069000 USD
CY2017Q3 us-gaap Deferred Finance Costs Net
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2427000 USD
CY2016Q4 us-gaap Deferred Revenue
DeferredRevenue
12454000 USD
CY2017Q3 us-gaap Deferred Revenue
DeferredRevenue
12711000 USD
CY2016Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
14319000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
38299000 USD
CY2017Q3 us-gaap Depreciation And Amortization
DepreciationAndAmortization
18463000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
54946000 USD
CY2016Q3 us-gaap Depreciation Nonproduction
DepreciationNonproduction
11100000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
29900000 USD
CY2017Q3 us-gaap Depreciation Nonproduction
DepreciationNonproduction
15200000 USD
us-gaap Depreciation Nonproduction
DepreciationNonproduction
43600000 USD
CY2016Q4 us-gaap Derivative Assets
DerivativeAssets
8742000 USD
CY2017Q3 us-gaap Derivative Assets
DerivativeAssets
7462000 USD
CY2016Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
9135000 USD
CY2017Q3 us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
us-gaap Dilutive Securities Effect On Basic Earnings Per Share Other
DilutiveSecuritiesEffectOnBasicEarningsPerShareOther
0 USD
CY2017Q3 us-gaap Disposal Group Including Discontinued Operation Consideration
DisposalGroupIncludingDiscontinuedOperationConsideration
17800000 USD
us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
5700000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
33392000 USD
us-gaap Distribution Made To Limited Partner Cash Distributions Paid
DistributionMadeToLimitedPartnerCashDistributionsPaid
41825000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
33591000 USD
CY2016Q4 us-gaap Due From Joint Ventures
DueFromJointVentures
1093000 USD
CY2017Q3 us-gaap Due From Joint Ventures
DueFromJointVentures
802000 USD
CY2016Q4 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
477000 USD
CY2017Q3 us-gaap Earnest Money Deposits
EarnestMoneyDeposits
2400000 USD
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2017Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.03
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.25
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.03
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.09
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
634690000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Assets
EquityMethodInvestmentSummarizedFinancialInformationAssets
661338000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
313145000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Equity
EquityMethodInvestmentSummarizedFinancialInformationEquity
338181000 USD
CY2016Q4 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
634690000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Liabilities And Equity
EquityMethodInvestmentSummarizedFinancialInformationLiabilitiesAndEquity
661338000 USD
CY2017Q3 us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
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-2846000 USD
us-gaap Equity Method Investment Summarized Financial Information Net Income Loss
EquityMethodInvestmentSummarizedFinancialInformationNetIncomeLoss
-9045000 USD
CY2016Q4 us-gaap Equity Method Investments
EquityMethodInvestments
81486000 USD
CY2017Q3 us-gaap Equity Method Investments
EquityMethodInvestments
88224000 USD
CY2016Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
4598000 USD
CY2017Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
5034000 USD
CY2016Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
CY2017Q3 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
106000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
5743000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
5743000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-136000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5259000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
14431000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
7480000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
22066000 USD
CY2016Q4 us-gaap Goodwill
Goodwill
5750000 USD
CY2017Q3 us-gaap Goodwill
Goodwill
5750000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
8024000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
19092000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
11388000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
34750000 USD
CY2016Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-710000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2260000 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
80000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
301000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2037000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
162000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
767000 USD
us-gaap Interest Expense
InterestExpense
17050000 USD
CY2017Q3 us-gaap Interest Expense
InterestExpense
9157000 USD
CY2016Q3 us-gaap Interest Expense
InterestExpense
6265000 USD
CY2017Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
-600000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1383603000 USD
CY2017Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1568308000 USD
us-gaap Interest Expense
InterestExpense
24788000 USD
us-gaap Interest Paid Net
InterestPaidNet
16501000 USD
us-gaap Interest Paid Net
InterestPaidNet
23775000 USD
CY2016Q4 us-gaap Land
Land
456135000 USD
CY2017Q3 us-gaap Land
Land
502503000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
913024000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
1112459000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1892092000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2072997000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
242202000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
240025000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
5114000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
10804000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1258000 USD
CY2016Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
0 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
0 USD
CY2017Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
1998000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
5978000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
401966000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
394134000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
42539000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
280976000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
125273000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-342562000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-217126000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
68310000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
94872000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
-11000 USD
us-gaap Net Income Loss
NetIncomeLoss
9569000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1271000 USD
us-gaap Net Income Loss
NetIncomeLoss
4193000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
7955000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9222000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9955000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
29790000 USD
CY2017Q3 us-gaap Net Rentable Area
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25200000 sqft
CY2016Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-8017000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21996000 USD
CY2017Q3 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-9909000 USD
us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
-21830000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
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2273000 USD
CY2017Q1 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
5 property
CY2016Q4 us-gaap Other Assets
OtherAssets
44730000 USD
CY2017Q2 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
10 property
CY2017Q3 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
19 property
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
34 property
CY2017Q3 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
413 property
CY2017Q3 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
25 state
CY2016Q3 us-gaap Operating Expenses
OperatingExpenses
36908000 USD
us-gaap Operating Expenses
OperatingExpenses
98794000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
47561000 USD
us-gaap Operating Expenses
OperatingExpenses
138182000 USD
CY2016Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
16041000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
41088000 USD
CY2017Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
21297000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
56580000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
51263000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
135548000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
64715000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
182713000 USD
CY2017Q3 us-gaap Other Assets
OtherAssets
41928000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
1163000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-6365000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-48000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-757000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-920000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1829000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-428000 USD
us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci On Derivatives Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesNetOfTax
-1958000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
243000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-8194000 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-476000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-2715000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-15000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-77000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-9000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-75000 USD
CY2016Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1686000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
4334000 USD
CY2017Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
2145000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
6071000 USD
CY2016Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
4000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
13000 USD
CY2017Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
7000 USD
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
20000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
7980000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
10011000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
5415000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
17593000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
33591000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
512000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
607000 USD
CY2017Q1 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
26780000 USD
CY2017Q2 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
60672000 USD
CY2017Q3 us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
122742000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
210194000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
4873000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
12647000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
472000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
294000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
323822000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
209680000 USD
CY2016Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
1879000 USD
CY2017Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
3693000 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
570000 USD
us-gaap Proceeds From Contributed Capital
ProceedsFromContributedCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
250000 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
0 USD
us-gaap Proceeds From Issuance Of Common Limited Partners Units
ProceedsFromIssuanceOfCommonLimitedPartnersUnits
7000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
238712000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
498500000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
540400000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
799000 USD
us-gaap Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
848000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
17529000 USD
CY2016Q3 us-gaap Profit Loss
ProfitLoss
7944000 USD
us-gaap Profit Loss
ProfitLoss
18791000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
11226000 USD
us-gaap Profit Loss
ProfitLoss
33983000 USD
CY2016Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1243000 USD
CY2017Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
1245000 USD
CY2016Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
13937000 USD
CY2017Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
0 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
110803000 USD
CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
153783000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1844336000 USD
CY2017Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2075845000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1733533000 USD
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1922062000 USD
CY2016Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
52949000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
139882000 USD
CY2017Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
68858000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44269000 shares
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
194762000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
401204000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
344915000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
2767000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
4683000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-8719000 USD
CY2017Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-38117000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1913000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
2844000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
0 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
577102000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
566404000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
979068000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
960538000 USD
CY2016Q3 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
-15000 USD
us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
18691000 USD
CY2017Q3 us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
1264000 USD
us-gaap Undistributed Earnings Diluted
UndistributedEarningsDiluted
4173000 USD
CY2016Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
-15000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
9556000 USD
CY2017Q3 us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
1264000 USD
us-gaap Undistributed Earnings Loss Available To Common Shareholders Basic
UndistributedEarningsLossAvailableToCommonShareholdersBasic
4173000 USD
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
35080000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75492000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
43967000 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
35080000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
27084000 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44269000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43967000 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the consolidated financial statements and related notes have been reclassified to conform to the current year presentation. Such reclassifications do not impact the Company's previously reported financial position or net income (loss).</font></div></div>
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;text-align:justify;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. </font></div></div>

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0001618563-17-000117-index-headers.html Edgar Link pending
0001618563-17-000117-index.html Edgar Link pending
0001618563-17-000117.txt Edgar Link pending
0001618563-17-000117-xbrl.zip Edgar Link pending
ex101partnershipunitdesign.htm Edgar Link pending
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ex311ceocertificationq317.htm Edgar Link pending
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