2012 Q4 Form 10-Q Financial Statement
#000110465912073023 Filed on November 01, 2012
Income Statement
Concept | 2012 Q4 | 2011 Q3 |
---|---|---|
Revenue | $54.63M | $45.24M |
YoY Change | 6.89% | 47.15% |
Cost Of Revenue | $16.40M | $12.70M |
YoY Change | 34.43% | 45.98% |
Gross Profit | $38.30M | $33.10M |
YoY Change | 33.45% | 48.43% |
Gross Profit Margin | 70.11% | 73.16% |
Selling, General & Admin | $6.600M | $7.100M |
YoY Change | 24.53% | 51.06% |
% of Gross Profit | 17.23% | 21.45% |
Research & Development | ||
YoY Change | ||
% of Gross Profit | ||
Depreciation & Amortization | $28.00M | $10.40M |
YoY Change | 35.27% | 65.08% |
% of Gross Profit | 73.11% | 31.42% |
Operating Expenses | $19.90M | $17.60M |
YoY Change | 30.92% | 60.0% |
Operating Profit | $18.40M | $14.64M |
YoY Change | 36.3% | 69.58% |
Interest Expense | -$4.200M | $3.162M |
YoY Change | 23.53% | 60.26% |
% of Operating Profit | -22.83% | 21.61% |
Other Income/Expense, Net | -$200.0K | |
YoY Change | ||
Pretax Income | $13.20M | $11.56M |
YoY Change | 40.43% | 72.46% |
Income Tax | $0.00 | -$8.000K |
% Of Pretax Income | 0.0% | -0.07% |
Net Earnings | $13.00M | $11.60M |
YoY Change | -1.52% | 73.13% |
Net Earnings / Revenue | 23.8% | 25.64% |
Basic Earnings Per Share | $0.25 | $0.26 |
Diluted Earnings Per Share | $977.4K | $1.027M |
COMMON SHARES | ||
Basic Shares Outstanding | 54.64M shares | 45.32M shares |
Diluted Shares Outstanding |
Balance Sheet
Concept | 2012 Q4 | 2011 Q3 |
---|---|---|
SHORT-TERM ASSETS | ||
Cash & Short-Term Investments | $5.300M | $5.700M |
YoY Change | 60.61% | 147.83% |
Cash & Equivalents | $5.255M | $5.724M |
Short-Term Investments | ||
Other Short-Term Assets | ||
YoY Change | ||
Inventory | ||
Prepaid Expenses | ||
Receivables | $28.90M | $22.10M |
Other Receivables | $0.00 | $0.00 |
Total Short-Term Assets | $34.20M | $27.80M |
YoY Change | 5.88% | 14.88% |
LONG-TERM ASSETS | ||
Property, Plant & Equipment | $1.456B | $1.209B |
YoY Change | 10.64% | 42.43% |
Goodwill | ||
YoY Change | ||
Intangibles | ||
YoY Change | ||
Long-Term Investments | ||
YoY Change | ||
Other Assets | $62.00M | $5.400M |
YoY Change | 496.15% | -14.29% |
Total Long-Term Assets | $1.528B | $1.239B |
YoY Change | 14.34% | 41.68% |
TOTAL ASSETS | ||
Total Short-Term Assets | $34.20M | $27.80M |
Total Long-Term Assets | $1.528B | $1.239B |
Total Assets | $1.562B | $1.267B |
YoY Change | 14.14% | 40.96% |
SHORT-TERM LIABILITIES | ||
YoY Change | ||
Accounts Payable | $18.90M | $21.90M |
YoY Change | -8.7% | 25.14% |
Accrued Expenses | ||
YoY Change | ||
Deferred Revenue | ||
YoY Change | ||
Short-Term Debt | $0.00 | $45.60M |
YoY Change | -100.0% | 27.37% |
Long-Term Debt Due | ||
YoY Change | ||
Total Short-Term Liabilities | $22.60M | $74.10M |
YoY Change | -81.2% | 30.46% |
LONG-TERM LIABILITIES | ||
Long-Term Debt | $492.6M | $282.5M |
YoY Change | 42.58% | 348.41% |
Other Long-Term Liabilities | $19.40M | $11.90M |
YoY Change | 71.68% | 4.39% |
Total Long-Term Liabilities | $512.0M | $294.4M |
YoY Change | 43.5% | 295.7% |
TOTAL LIABILITIES | ||
Total Short-Term Liabilities | $22.60M | $74.10M |
Total Long-Term Liabilities | $512.0M | $294.4M |
Total Liabilities | $534.7M | $368.5M |
YoY Change | 12.11% | 181.07% |
SHAREHOLDERS EQUITY | ||
Retained Earnings | $137.3M | $74.09M |
YoY Change | 57.21% | |
Common Stock | $1.105B | $935.9M |
YoY Change | 18.02% | |
Preferred Stock | ||
YoY Change | ||
Treasury Stock (at cost) | ||
YoY Change | ||
Treasury Stock Shares | ||
Shareholders Equity | $1.027B | $898.2M |
YoY Change | ||
Total Liabilities & Shareholders Equity | $1.562B | $1.267B |
YoY Change | 14.14% | 40.96% |
Cashflow Statement
Concept | 2012 Q4 | 2011 Q3 |
---|---|---|
OPERATING ACTIVITIES | ||
Net Income | $13.00M | $11.60M |
YoY Change | -1.52% | 73.13% |
Depreciation, Depletion And Amortization | $28.00M | $10.40M |
YoY Change | 35.27% | 65.08% |
Cash From Operating Activities | $17.80M | $24.20M |
YoY Change | 5.95% | 181.4% |
INVESTING ACTIVITIES | ||
Capital Expenditures | -$41.00M | -$104.6M |
YoY Change | -30.63% | -46.28% |
Acquisitions | ||
YoY Change | ||
Other Investing Activities | ||
YoY Change | ||
Cash From Investing Activities | -$41.00M | -$104.6M |
YoY Change | -30.63% | -46.28% |
FINANCING ACTIVITIES | ||
Cash Dividend Paid | ||
YoY Change | ||
Common Stock Issuance & Retirement, Net | $166.7M | |
YoY Change | ||
Debt Paid & Issued, Net | ||
YoY Change | ||
Cash From Financing Activities | 25.20M | 85.10M |
YoY Change | -36.68% | -54.59% |
NET CHANGE | ||
Cash From Operating Activities | 17.80M | 24.20M |
Cash From Investing Activities | -41.00M | -104.6M |
Cash From Financing Activities | 25.20M | 85.10M |
Net Change In Cash | 2.000M | 4.700M |
YoY Change | -180.0% | 261.54% |
FREE CASH FLOW | ||
Cash From Operating Activities | $17.80M | $24.20M |
Capital Expenditures | -$41.00M | -$104.6M |
Free Cash Flow | $58.80M | $128.8M |
YoY Change | -22.53% | -36.65% |
Facts In Submission
Frame | Concept Type | Concept / XBRL Key | Value | Unit |
---|---|---|---|---|
dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2012 | ||
dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q3 | ||
CY2012Q3 | us-gaap |
Land
Land
|
241294000 | USD |
CY2011Q4 | us-gaap |
Land
Land
|
224674000 | USD |
CY2012Q3 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
1268730000 | USD |
CY2011Q4 | us-gaap |
Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
|
1129994000 | USD |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
119000 | USD | |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
37281000 | USD | |
CY2011Q3 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
1008000 | USD |
us-gaap |
Acquisition Costs
AcquisitionCosts
|
1057000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
9395000 | USD | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
105531000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
49280000 | USD | |
CY2011Q4 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
1354668000 | USD |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
27743000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
21000 | USD | |
us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47086000 | shares | |
us-gaap |
Costs And Expenses
CostsAndExpenses
|
85806000 | USD | |
us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
41418000 | USD | |
us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
89000 | USD | |
CY2012Q3 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q3 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
70000000 | shares |
CY2012Q3 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
47143888 | shares |
CY2012Q3 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
47143888 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
47051650 | shares |
CY2011Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
47051650 | shares |
CY2011Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
45889000 | USD |
CY2012Q3 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
5728000 | USD |
CY2011Q3 | us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
4853000 | USD |
CY2012Q3 | us-gaap |
Utilities Costs
UtilitiesCosts
|
5140000 | USD |
CY2011Q3 | us-gaap |
Utilities Costs
UtilitiesCosts
|
4375000 | USD |
CY2011Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
7893000 | USD |
CY2011Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
10379000 | USD |
CY2011Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
2746000 | USD |
CY2011Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
31254000 | USD |
CY2011Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
14635000 | USD |
CY2011Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
54000 | USD |
CY2012Q3 | us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
9565000 | USD |
CY2011Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
11555000 | USD |
CY2011Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
-8000 | USD |
CY2011Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11563000 | USD |
CY2011Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
45322000 | shares |
CY2011Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.26 | |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.78 | ||
CY2012Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
115000 | USD |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
36888000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
36769000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
36800000 | USD | |
us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
127224000 | USD | |
us-gaap |
Real Estate Tax Expense
RealEstateTaxExpense
|
13947000 | USD | |
us-gaap |
Utilities Costs
UtilitiesCosts
|
11422000 | USD | |
us-gaap |
Other Cost And Expense Operating
OtherCostAndExpenseOperating
|
22074000 | USD | |
CY2012Q3 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
47108000 | shares |
us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
27862000 | USD | |
us-gaap |
Acquisition Costs
AcquisitionCosts
|
2846000 | USD | |
us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
7655000 | USD | |
CY2011Q3 | us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
28000 | USD |
gov |
Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
|
P6Y10M24D | ||
gov |
Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
|
10372000 | USD | |
CY2012Q3 | gov |
Operating Leases Committed Expenditures On Leases Executed In Period Committed But Unspent Tenant Related Obligations
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodCommittedButUnspentTenantRelatedObligations
|
7945000 | USD |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
23897000 | USD | |
gov |
Amortization Of Financing Costs And Discounts Continuing Operations
AmortizationOfFinancingCostsAndDiscountsContinuingOperations
|
998000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
14352000 | USD | |
us-gaap |
Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
|
636000 | USD | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
1477000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
236000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
453000 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
2123000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
-4863000 | USD | |
us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
32843000 | USD | |
us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
94000 | USD | |
us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
32749000 | USD | |
us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
32820000 | USD | |
CY2012Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
339000 | USD |
us-gaap |
Straight Line Rent
StraightLineRent
|
2669000 | USD | |
CY2011Q3 | us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
266000 | USD |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
998000 | USD | |
us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
787000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
1077000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
2690000 | USD | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
3336000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
82460000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
180976000 | USD | |
us-gaap |
Real Estate Improvements
RealEstateImprovements
|
-10474000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-191450000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
1327000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
173000000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
351500000 | USD | |
us-gaap |
Proceeds From Issuance Of Unsecured Debt
ProceedsFromIssuanceOfUnsecuredDebt
|
350000000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
1964000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
59322000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
108887000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
-103000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
11787000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
167000 | USD | |
gov |
Stock Granted Or Issued During Period Value Sharebased Compensation
StockGrantedOrIssuedDuringPeriodValueSharebasedCompensation
|
1847000 | USD | |
us-gaap |
Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
|
<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <p style="MARGIN: 0in 0in 0pt"><b><font style="FONT-WEIGHT: bold; FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">Note 2. </font></b><font style="FONT-SIZE: 10pt" size="2">  <b>Recent Accounting Pronouncements</b></font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">In January 2012, we adopted Financial Accounting Standards Board, or FASB, Accounting Standards Update No. 2011-04, <i>Amendments to Achieve Common Fair Value Measurements and Disclosure Requirements in U.S. GAAP and IFRS</i>.  This update clarified the application of existing fair value measurement requirements.  This update also required reporting entities to disclose additional information regarding fair value measurements categorized within Level 3 of the fair value hierarchy.  This update was effective for interim and annual reporting periods beginning after December 15, 2011.  The implementation of this update did not cause any material changes to the disclosures in, or presentation of, our condensed consolidated financial statements.</font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p> <p style="MARGIN: 0in 0in 0pt; TEXT-INDENT: 0.5in"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2">In January 2012, we adopted FASB Accounting Standards Update No. 2011-05, <i>Presentation of Comprehensive Income</i>.  This update eliminated the option to report other comprehensive income and its components in the statement of shareholders’ equity.  This update was intended to enhance comparability between entities that report under GAAP and to provide a more consistent method of presenting non-owner transactions that affect an entity’s equity.  This standard was effective for interim and annual reporting periods beginning after December 15, 2011.  The implementation of this update did not cause any changes to our condensed consolidated financial statements other than the presentation of the condensed consolidated statements of comprehensive income.</font></p> <p style="MARGIN: 0in 0in 0pt"><font style="FONT-SIZE: 10pt; FONT-FAMILY: Times New Roman" size="2"> </font></p></td></tr></table> | ||
us-gaap |
Number Of Reportable Segments
NumberOfReportableSegments
|
1 | segment | |
CY2012Q3 | us-gaap |
Number Of Real Estate Properties
NumberOfRealEstateProperties
|
82 | property |
CY2012Q3 | gov |
Real Estate Investment Property Aggregate
RealEstateInvestmentPropertyAggregate
|
1672117000 | USD |
gov |
Stock Granted Or Issued During Period Value Sharebased Compensation
StockGrantedOrIssuedDuringPeriodValueSharebasedCompensation
|
721000 | USD | |
CY2012Q3 | gov |
Operating Leases Weighted Average Lease Term
OperatingLeasesWeightedAverageLeaseTerm
|
P9Y3M18D | |
CY2012Q3 | gov |
Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
|
311557 | |
CY2012Q3 | gov |
Operating Leases Committed Expenditures On Leases Executed In Period
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriod
|
6721000 | USD |
gov |
Operating Leases Committed Expenditures On Leases Executed In Period Area Of Leased Property
OperatingLeasesCommittedExpendituresOnLeasesExecutedInPeriodAreaOfLeasedProperty
|
555182 | ||
CY2012Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.42 | |
CY2012Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
19782000 | USD |
CY2012Q4 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.43 | |
CY2012Q4 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
23497000 | USD |
CY2012Q3 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
43917 | shares |
CY2012Q3 | us-gaap |
Share Price
SharePrice
|
23.76 | |
gov |
Significant Acquisitions And Disposals Pro Forma Revenue
SignificantAcquisitionsAndDisposalsProFormaRevenue
|
166940000 | USD | |
gov |
Significant Acquisitions And Disposals Pro Forma Revenue
SignificantAcquisitionsAndDisposalsProFormaRevenue
|
170704000 | USD | |
gov |
Significant Acquisitions And Disposals Net Income Loss
SignificantAcquisitionsAndDisposalsNetIncomeLoss
|
39751000 | USD | |
gov |
Significant Acquisitions And Disposals Net Income Loss
SignificantAcquisitionsAndDisposalsNetIncomeLoss
|
41679000 | USD | |
gov |
Significant Acquisitions And Disposals Pro Forma Earnings Per Share Basic
SignificantAcquisitionsAndDisposalsProFormaEarningsPerShareBasic
|
0.84 | ||
gov |
Significant Acquisitions And Disposals Pro Forma Earnings Per Share Basic
SignificantAcquisitionsAndDisposalsProFormaEarningsPerShareBasic
|
0.89 | ||
CY2012Q3 | gov |
Number Of States In Which Real Estate Properties Held
NumberOfStatesInWhichRealEstatePropertiesHeld
|
31 | state |
CY2012Q3 | gov |
Number Of State Governments
NumberOfStateGovernments
|
10 | government |
CY2011Q4 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
440883000 | USD |
CY2012Q3 | us-gaap |
Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
|
610709000 | USD |
CY2012Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.42 | |
CY2012Q1 | us-gaap |
Stock Issued During Period Shares Issued For Services
StockIssuedDuringPeriodSharesIssuedForServices
|
39141 | shares |
CY2012Q1 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.42 | |
gov |
Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
|
31 | lease | |
CY2012Q3 | gov |
Number Of Operating Lease Executed
NumberOfOperatingLeaseExecuted
|
10 | lease |
us-gaap |
Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
|
19258000 | USD | |
gov |
Amortization Of Financing Costs And Discounts Continuing Operations
AmortizationOfFinancingCostsAndDiscountsContinuingOperations
|
787000 | USD | |
us-gaap |
Straight Line Rent
StraightLineRent
|
451000 | USD | |
us-gaap |
Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
|
8116000 | USD | |
CY2012Q4 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
54643888 | shares |
gov |
Mortgage Loans On Real Estate Assumed In Acquisitions Number Of Loans
MortgageLoansOnRealEstateAssumedInAcquisitionsNumberOfLoans
|
4 | loan | |
CY2012Q3 | gov |
Aggregate Net Book Value Of Real Estate Properties Collateralized
AggregateNetBookValueOfRealEstatePropertiesCollateralized
|
122575000 | USD |
CY2012Q3 | gov |
Number Of Real Estate Properties Collateralized
NumberOfRealEstatePropertiesCollateralized
|
5 | property |
CY2012Q1 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
19762000 | USD |
CY2012Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
19778000 | USD |
CY2012Q3 | gov |
Number Of Properties Acquired
NumberOfPropertiesAcquired
|
11 | property |
CY2011Q3 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
5724000 | USD |
CY2010Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
2437000 | USD |
us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.78 | ||
CY2012Q3 | us-gaap |
Line Of Credit
LineOfCredit
|
167000000 | USD |
CY2012Q2 | us-gaap |
Share Price
SharePrice
|
22.43 | |
CY2012Q2 | gov |
Number Of Trustees
NumberOfTrustees
|
5 | item |
gov |
Real Estate Aggregate Purchase Price
RealEstateAggregatePurchasePrice
|
181051000 | USD | |
CY2012Q3 | us-gaap |
Secured Long Term Debt
SecuredLongTermDebt
|
91443000 | USD |
CY2012Q1 | us-gaap |
Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
|
0.01 | |
CY2012Q1 | gov |
Incentive Fee Services
IncentiveFeeServices
|
833000 | USD |
us-gaap |
Other Amortization Of Deferred Charges
OtherAmortizationOfDeferredCharges
|
367000 | USD | |
us-gaap |
Other Noncash Expense
OtherNoncashExpense
|
721000 | USD | |
us-gaap |
Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
|
310000 | USD | |
us-gaap |
Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
|
424000 | USD | |
us-gaap |
Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
|
2445000 | USD | |
us-gaap |
Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
|
3111000 | USD | |
us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
3234000 | USD | |
us-gaap |
Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
|
5285000 | USD | |
us-gaap |
Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
63665000 | USD | |
us-gaap |
Payments To Acquire And Develop Real Estate
PaymentsToAcquireAndDevelopRealEstate
|
327402000 | USD | |
us-gaap |
Real Estate Improvements
RealEstateImprovements
|
-4113000 | USD | |
us-gaap |
Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
-331515000 | USD | |
us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
157894000 | USD | |
us-gaap |
Payments Of Financing Costs
PaymentsOfFinancingCosts
|
3000 | USD | |
us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
50630000 | USD | |
us-gaap |
Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
271137000 | USD | |
us-gaap |
Net Cash Provided By Used In Continuing Operations
NetCashProvidedByUsedInContinuingOperations
|
3287000 | USD | |
us-gaap |
Interest Paid
InterestPaid
|
7065000 | USD | |
us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
43000 | USD | |
us-gaap |
Repayments Of Secured Debt
RepaymentsOfSecuredDebt
|
624000 | USD | |
us-gaap |
Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
|
376500000 | USD | |
us-gaap |
Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
|
212000000 | USD | |
CY2011Q4 | gov |
Number Of Properties Acquired
NumberOfPropertiesAcquired
|
16 | property |
CY2012Q2 | us-gaap |
Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriod
|
2000 | shares |
CY2012Q3 | us-gaap |
Depreciation And Amortization
DepreciationAndAmortization
|
13056000 | USD |
CY2012Q3 | us-gaap |
Acquisition Costs
AcquisitionCosts
|
763000 | USD |
CY2012Q3 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
3637000 | USD |
CY2012Q3 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
37889000 | USD |
CY2012Q3 | us-gaap |
Operating Income Loss
OperatingIncomeLoss
|
16194000 | USD |
CY2012Q3 | us-gaap |
Investment Income Interest
InvestmentIncomeInterest
|
7000 | USD |
CY2012Q3 | us-gaap |
Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
|
11786000 | USD |
CY2012Q3 | us-gaap |
Income Tax Expense Benefit
IncomeTaxExpenseBenefit
|
30000 | USD |
CY2012Q3 | us-gaap |
Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
|
11756000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
35000 | USD |
CY2012Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
35000 | USD |
CY2012Q3 | us-gaap |
Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
|
11791000 | USD |
CY2012Q3 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.25 | |
CY2011Q3 | us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
15000 | USD |
CY2011Q3 | us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
15000 | USD |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
31000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
31000 | USD | |
us-gaap |
Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
|
71000 | USD | |
us-gaap |
Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
|
71000 | USD | |
CY2012Q3 | us-gaap |
Real Estate Revenue Net
RealEstateRevenueNet
|
54083000 | USD |
CY2012Q3 | us-gaap |
Interest Expense
InterestExpense
|
4530000 | USD |
CY2011Q3 | us-gaap |
Interest Expense
InterestExpense
|
3162000 | USD |
us-gaap |
Interest Expense
InterestExpense
|
12649000 | USD | |
us-gaap |
Interest Expense
InterestExpense
|
8775000 | USD | |
us-gaap |
Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
|
111000 | USD | |
CY2012Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
7500000 | shares |
CY2012Q4 | gov |
Common Stock Shares Issued Per Share Price
CommonStockSharesIssuedPerSharePrice
|
23.25 | |
CY2012Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
166564000 | USD |
CY2012Q4 | gov |
Option Granted To Underwriters Exercise Period
OptionGrantedToUnderwritersExercisePeriod
|
P30D | |
CY2012Q4 | gov |
Option Granted To Underwriters Number Of Shares Of Common Stock
OptionGrantedToUnderwritersNumberOfSharesOfCommonStock
|
1125000 | shares |
CY2011Q4 | us-gaap |
Business Acquisition Purchase Price Allocation Notes Payable And Long Term Debt
BusinessAcquisitionPurchasePriceAllocationNotesPayableAndLongTermDebt
|
49395000 | USD |