2018 Q4 Form 10-K Financial Statement

#000104277620000045 Filed on February 19, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2018 Q2
Revenue $137.2M $129.7M $129.2M
YoY Change -1.62% -5.73% -13.12%
Cost Of Revenue $55.20M $49.70M $52.60M
YoY Change -0.36% -8.13% -5.73%
Gross Profit $82.00M $80.00M $76.50M
YoY Change -2.5% -4.19% -17.65%
Gross Profit Margin 59.77% 61.68% 59.22%
Selling, General & Admin $8.200M $6.700M $8.300M
YoY Change 3.8% 1.52% 3.75%
% of Gross Profit 10.0% 8.38% 10.85%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $42.30M $26.85M $27.12M
YoY Change -6.62% -10.49% -9.79%
% of Gross Profit 51.59% 33.57% 35.44%
Operating Expenses $51.50M $98.05M $103.3M
YoY Change -4.28% -9.91% -8.78%
Operating Profit $30.50M $31.66M $25.92M
YoY Change -287.69% 10.1% -26.97%
Interest Expense -$15.70M $15.85M $15.69M
YoY Change 1.29% -2.06% -14.84%
% of Operating Profit -51.48% 50.06% 60.52%
Other Income/Expense, Net $200.0K -$15.55M -$14.98M
YoY Change -50.0% 28.07% -18.04%
Pretax Income $45.40M $16.10M $10.90M
YoY Change -245.05% -3.01% -36.63%
Income Tax
% Of Pretax Income
Net Earnings $45.41M $16.11M $10.94M
YoY Change -244.7% -87.22% -53.85%
Net Earnings / Revenue 33.1% 12.42% 8.47%
Basic Earnings Per Share $0.35 $0.13 $0.09
Diluted Earnings Per Share $0.35 $0.13 $0.09
COMMON SHARES
Basic Shares Outstanding 128.4M shares 128.4M shares 128.3M shares
Diluted Shares Outstanding 128.8M shares 128.7M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $4.600M $6.800M $8.900M
YoY Change -37.84% -81.16% -7.29%
Cash & Equivalents $4.571M $6.807M $8.944M
Short-Term Investments
Other Short-Term Assets $25.40M $31.50M $29.20M
YoY Change 22.12% 11.7% -1.02%
Inventory $110.6M $113.9M
Prepaid Expenses
Receivables $173.4M $182.5M $184.7M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $314.0M $334.7M $222.8M
YoY Change -57.92% 28.88% -52.18%
LONG-TERM ASSETS
Property, Plant & Equipment $2.828B $2.857B $2.975B
YoY Change 3.02% -14.65% -11.79%
Goodwill $98.92M $98.92M $98.92M
YoY Change 0.0% 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $0.00 $0.00 $0.00
YoY Change -100.0%
Other Assets $272.4M $264.2M $254.1M
YoY Change -17.65% -4.31% -12.35%
Total Long-Term Assets $3.278B $3.289B $3.401B
YoY Change 0.76% -13.46% -11.76%
TOTAL ASSETS
Total Short-Term Assets $314.0M $334.7M $222.8M
Total Long-Term Assets $3.278B $3.289B $3.401B
Total Assets $3.592B $3.624B $3.624B
YoY Change -10.19% -10.76% -16.12%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.5M $109.1M $94.20M
YoY Change -10.79% 0.93% -15.14%
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 $129.5M $109.1M $94.20M
YoY Change -40.24% 0.93% -15.14%
LONG-TERM LIABILITIES
Long-Term Debt $1.686B $1.715B $1.721B
YoY Change -2.4% 0.69% -16.19%
Other Long-Term Liabilities $65.30M $65.40M $65.90M
YoY Change -6.58% -12.68% -13.06%
Total Long-Term Liabilities $1.751B $1.781B $1.787B
YoY Change -2.56% 0.13% -16.08%
TOTAL LIABILITIES
Total Short-Term Liabilities $129.5M $109.1M $94.20M
Total Long-Term Liabilities $1.751B $1.781B $1.787B
Total Liabilities $1.880B $1.890B $1.881B
YoY Change -6.61% 0.17% -16.03%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $3.684B $3.683B $3.682B
YoY Change 0.15% 0.15% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.710B $1.732B $1.741B
YoY Change
Total Liabilities & Shareholders Equity $3.592B $3.624B $3.624B
YoY Change -10.19% -10.76% -16.12%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2018 Q2
OPERATING ACTIVITIES
Net Income $45.41M $16.11M $10.94M
YoY Change -244.7% -87.22% -53.85%
Depreciation, Depletion And Amortization $42.30M $26.85M $27.12M
YoY Change -6.62% -10.49% -9.79%
Cash From Operating Activities $64.60M $55.10M $49.90M
YoY Change -2.71% -14.84% -18.73%
INVESTING ACTIVITIES
Capital Expenditures -$150.8M -$18.50M -$13.80M
YoY Change 203.42% 160.56% -54.0%
Acquisitions
YoY Change
Other Investing Activities $147.3M -$5.600M -$3.200M
YoY Change -1403.54% -101.58% -117.98%
Cash From Investing Activities -$3.500M -$24.20M -$16.90M
YoY Change -94.25% -106.98% 37.4%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -63.20M -33.10M -30.90M
YoY Change 85.34% -91.4% -33.26%
NET CHANGE
Cash From Operating Activities 64.60M 55.10M 49.90M
Cash From Investing Activities -3.500M -24.20M -16.90M
Cash From Financing Activities -63.20M -33.10M -30.90M
Net Change In Cash -2.100M -2.200M 2.100M
YoY Change -92.66% -108.33% -25.0%
FREE CASH FLOW
Cash From Operating Activities $64.60M $55.10M $49.90M
Capital Expenditures -$150.8M -$18.50M -$13.80M
Free Cash Flow $215.4M $73.60M $63.70M
YoY Change 85.53% 2.51% -30.31%

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CY2018 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
75691000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
115874000 USD
CY2019 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
136987000 USD
CY2018 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
14626000 USD
CY2017 us-gaap Nonoperating Income Expense
NonoperatingIncomeExpense
52252000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
229256000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
130291000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
133549000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-15000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
229261000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
130296000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
133564000 USD
CY2019 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.82
CY2018 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
1.00
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.92
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
125709207 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130161202 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
145043503 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126182137 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130635650 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
145379994 shares
CY2019 us-gaap Net Income Loss
NetIncomeLoss
229261000 USD
CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
300000 USD
CY2017 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
-3502000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
130296000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
133564000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
-5659000 USD
CY2018 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
692000 USD
CY2017 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Before Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossBeforeReclassificationAfterTax
2479000 USD
CY2019 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss Reclassification After Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossReclassificationAfterTax
1836000 USD
CY2019 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2018 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2017 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
79000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7495000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
392000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6060000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
221766000 USD
CY2018 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
130688000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
139624000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2097703000 USD
CY2017 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
61750000 USD
CY2017 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
182000 USD
CY2017 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.34
CY2017 pdm Dividends Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Stock Issued During Period Value Dividend Reinvestment Plan
DividendsMinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAndStockIssuedDuringPeriodValueDividendReinvestmentPlan
193541000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4650000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-15000 USD
CY2017 us-gaap Net Income Loss
NetIncomeLoss
133564000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
6060000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1986489000 USD
CY2018Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
0 USD
CY2018 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
301678000 USD
CY2018 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
85000 USD
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.84
CY2018 pdm Dividends Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Stock Issued During Period Value Dividend Reinvestment Plan
DividendsMinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAndStockIssuedDuringPeriodValueDividendReinvestmentPlan
109265000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
5996000 USD
CY2018 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
CY2018 us-gaap Net Income Loss
NetIncomeLoss
130296000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
392000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1712140000 USD
CY2019 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
12482000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
710000 USD
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.84
CY2019 pdm Dividends Minority Interest Decrease From Distributions To Noncontrolling Interest Holders And Stock Issued During Period Value Dividend Reinvestment Plan
DividendsMinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHoldersAndStockIssuedDuringPeriodValueDividendReinvestmentPlan
105888000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4153000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-5000 USD
CY2019 us-gaap Net Income Loss
NetIncomeLoss
229261000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent
-7495000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1818974000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
229256000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
130291000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
133549000 USD
CY2019 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
CY2018 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
10000 USD
CY2017 us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
11000 USD
CY2019 us-gaap Depreciation
Depreciation
106015000 USD
CY2018 us-gaap Depreciation
Depreciation
107956000 USD
CY2017 us-gaap Depreciation
Depreciation
119288000 USD
CY2019 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
87000 USD
CY2018 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
-250000 USD
CY2017 us-gaap Amortization Of Financing Costs And Discounts
AmortizationOfFinancingCostsAndDiscounts
1588000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
71609000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
58330000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
73944000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
8953000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
46461000 USD
CY2019 pdm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 USD
CY2018 pdm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
-1665000 USD
CY2017 pdm Noncash Gain Loss On Extinguishment Of Debt
NoncashGainLossOnExtinguishmentOfDebt
0 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
15446000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
9737000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
9196000 USD
CY2019 pdm Income Loss From Equity Method Investments Actual Cash Impact
IncomeLossFromEquityMethodInvestmentsActualCashImpact
0 USD
CY2018 pdm Income Loss From Equity Method Investments Actual Cash Impact
IncomeLossFromEquityMethodInvestmentsActualCashImpact
0 USD
CY2017 pdm Income Loss From Equity Method Investments Actual Cash Impact
IncomeLossFromEquityMethodInvestmentsActualCashImpact
3845000 USD
CY2019 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
197010000 USD
CY2018 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
75691000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
115874000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
15706000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
16094000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21392000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-309000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3095000 USD
CY2017 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-384000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-11251000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9092000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1521000 USD
CY2019 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
776000 USD
CY2018 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
-898000 USD
CY2017 us-gaap Increase Decrease In Contract With Customer Liability
IncreaseDecreaseInContractWithCustomerLiability
1016000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
208484000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
202869000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
242805000 USD
CY2019 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
326200000 USD
CY2018 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
151914000 USD
CY2017 us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
35262000 USD
CY2019 pdm Paymentsfor Tenant Improvements Capital Improvementsandto Develop Real Estate Assets
PaymentsforTenantImprovementsCapitalImprovementsandtoDevelopRealEstateAssets
103553000 USD
CY2018 pdm Paymentsfor Tenant Improvements Capital Improvementsandto Develop Real Estate Assets
PaymentsforTenantImprovementsCapitalImprovementsandtoDevelopRealEstateAssets
72105000 USD
CY2017 pdm Paymentsfor Tenant Improvements Capital Improvementsandto Develop Real Estate Assets
PaymentsforTenantImprovementsCapitalImprovementsandtoDevelopRealEstateAssets
79831000 USD
CY2019 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
589767000 USD
CY2018 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
575227000 USD
CY2017 us-gaap Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
375518000 USD
CY2019 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2018 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
0 USD
CY2017 us-gaap Proceeds From Sale Of Equity Method Investments
ProceedsFromSaleOfEquityMethodInvestments
12334000 USD
CY2019 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
CY2018 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
CY2017 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
1162000 USD
CY2019 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
CY2018 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
3200000 USD
CY2017 us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
0 USD
CY2019 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
CY2018 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
3200000 USD
CY2017 us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
CY2019 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
25639000 USD
CY2018 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
27430000 USD
CY2017 us-gaap Increase Decrease In Lease Acquisition Costs
IncreaseDecreaseInLeaseAcquisitionCosts
30985000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
134375000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
323778000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
240612000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
151000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1040000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
132000 USD
CY2019 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
592000000 USD
CY2018 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
977062000 USD
CY2017 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
180000000 USD
CY2019 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
798019000 USD
CY2018 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
1020455000 USD
CY2017 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
476401000 USD
CY2019 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
710000 USD
CY2018 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
85000 USD
CY2017 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
182000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3295000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2219000 USD
CY2017 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3403000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
16899000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
298538000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
60474000 USD
CY2019 pdm Payments Of Dividends Common Stock Distributions To Noncontrolling Interest And Discount On Dividend Reinvestment
PaymentsOfDividendsCommonStockDistributionsToNoncontrollingInterestAndDiscountOnDividendReinvestment
106433000 USD
CY2018 pdm Payments Of Dividends Common Stock Distributions To Noncontrolling Interest And Discount On Dividend Reinvestment
PaymentsOfDividendsCommonStockDistributionsToNoncontrollingInterestAndDiscountOnDividendReinvestment
184093000 USD
CY2017 pdm Payments Of Dividends Common Stock Distributions To Noncontrolling Interest And Discount On Dividend Reinvestment
PaymentsOfDividendsCommonStockDistributionsToNoncontrollingInterestAndDiscountOnDividendReinvestment
122274000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-333507000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-529368000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-482866000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
9352000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-2721000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
551000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6034000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8755000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8204000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
15386000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
6034000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
8755000 USD
CY2019 pdm Number Of Wholly Owned Management Subsidiaries
NumberOfWhollyOwnedManagementSubsidiaries
2 subsidiary
CY2019Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
16000000.0 sqft
CY2019 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1 segment
CY2019Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
4 property
CY2019 pdm Number Of Joint Ventures
NumberOfJointVentures
3 Joint_Venture
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%;">Use of Estimates</span></div><div style="text-align:justify;"><span><br/></span></div><div style="text-align:justify;"><span style="background-color:rgb(255,255,255, 0.0);color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%;">The preparation of the accompanying consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the accompanying consolidated financial statements and notes. Actual results could differ from those estimates.</span></div>
CY2019Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
84292000 USD
CY2018Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
94852000 USD
CY2019 pdm Amortization Of Intangible Lease Origination Costs And Absorption Period Costs
AmortizationOfIntangibleLeaseOriginationCostsAndAbsorptionPeriodCosts
62413000 USD
CY2018 pdm Amortization Of Intangible Lease Origination Costs And Absorption Period Costs
AmortizationOfIntangibleLeaseOriginationCostsAndAbsorptionPeriodCosts
48940000 USD
CY2017 pdm Amortization Of Intangible Lease Origination Costs And Absorption Period Costs
AmortizationOfIntangibleLeaseOriginationCostsAndAbsorptionPeriodCosts
58467000 USD
CY2019 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
8322000 USD
CY2018 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
7615000 USD
CY2017 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
6575000 USD
CY2019Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
8304000 USD
CY2019Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
7901000 USD
CY2019Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
6421000 USD
CY2019Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
4616000 USD
CY2019Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
1706000 USD
CY2019Q4 us-gaap Below Market Lease Amortization Income After Year Five
BelowMarketLeaseAmortizationIncomeAfterYearFive
3778000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
32726000 USD
CY2019 pdm Finite Lived Intangible Liabilities Weighted Average Useful Life
FiniteLivedIntangibleLiabilitiesWeightedAverageUsefulLife
P5Y
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
91000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
350000 USD
CY2018 pdm Capitalized Deferred Costs Internal Leasing
CapitalizedDeferredCostsInternalLeasing
300000 USD
CY2017 pdm Capitalized Deferred Costs Internal Leasing
CapitalizedDeferredCostsInternalLeasing
300000 USD
CY2019 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
50300000 USD
CY2018 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
43600000 USD
CY2017 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
50800000 USD
CY2019 us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
3200000 USD
CY2017 pdm Amortizationfor Estimated Fair Value Adjustmentfor Debt Assumed
AmortizationforEstimatedFairValueAdjustmentforDebtAssumed
500000 USD
CY2019 pdm Amortizationfor Estimated Fair Value Adjustmentfor Debt Assumed
AmortizationforEstimatedFairValueAdjustmentforDebtAssumed
500000 USD
CY2018 pdm Amortizationfor Estimated Fair Value Adjustmentfor Debt Assumed
AmortizationforEstimatedFairValueAdjustmentforDebtAssumed
500000 USD
CY2019 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2400000 USD
CY2018 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2400000 USD
CY2018 us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
2600000 USD
CY2017 us-gaap Amortization Of Lease Incentives
AmortizationOfLeaseIncentives
4800000 USD
CY2018 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 USD
CY2017 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 USD
CY2019 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
200000 USD
CY2017 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2800000 USD
CY2018Q4 pdm Shares In Trust Authorized
SharesInTrustAuthorized
150000000 shares
CY2019Q4 pdm Shares In Trust Authorized
SharesInTrustAuthorized
150000000 shares
CY2019Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2018Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000 shares
CY2019Q4 us-gaap Common Stock Shares Authorized
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750000000 shares
CY2018Q4 us-gaap Common Stock Shares Authorized
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750000000 shares
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2019Q4 pdm Common Stock Voting Rights Numberof Votesfor Each Share
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1 vote
CY2018Q4 us-gaap Stock Repurchase Program Remaining Authorized Repurchase Amount1
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74100000 USD
CY2019Q4 pdm At The Market Offerings Maximum Amount
AtTheMarketOfferingsMaximumAmount
250000000 USD
CY2019 pdm Dividend Reinvestment Plan Shareholders Discount
DividendReinvestmentPlanShareholdersDiscount
0.02
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
160000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-97000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
13000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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370495000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
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352541000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
337951000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
324960000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
291603000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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1247649000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
2925199000 USD
CY2018 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
504400000 USD
CY2017 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
553300000 USD
CY2019Q4 us-gaap Area Of Land
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11.7 acre
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
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0.0376
CY2019Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
1481404000 USD
CY2018Q4 us-gaap Notes And Loans Payable
NotesAndLoansPayable
1685472000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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985000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
327702000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
160000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
350000000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
400000000 USD
CY2017 us-gaap Interest Paid
InterestPaid
67600000 USD
CY2019 us-gaap Interest Costs Capitalized
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2100000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
250000000 USD
CY2019Q4 us-gaap Debt Instrument Carrying Amount
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1488687000 USD
CY2019Q4 us-gaap Debt Weighted Average Interest Rate
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0.0376
CY2018Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.0376
CY2019 us-gaap Interest Paid
InterestPaid
64000000.0 USD
CY2018 us-gaap Interest Paid
InterestPaid
63100000 USD
CY2018 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
1400000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
200000 USD
CY2019 us-gaap Maximum Length Of Time Hedged In Cash Flow Hedge1
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P63M
CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
0 USD
CY2018Q4 us-gaap Interest Rate Cash Flow Hedge Asset At Fair Value
InterestRateCashFlowHedgeAssetAtFairValue
1199000 USD
CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
5121000 USD
CY2018Q4 us-gaap Interest Rate Cash Flow Hedge Liability At Fair Value
InterestRateCashFlowHedgeLiabilityAtFairValue
839000 USD
CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
-5121000 USD
CY2018Q4 us-gaap Interest Rate Cash Flow Hedge Derivative At Fair Value Net
InterestRateCashFlowHedgeDerivativeAtFairValueNet
360000 USD
CY2019 pdm Deferred Gain Loss On Settlement Of Interest Rate Derivative And Debt Issuance Costs
DeferredGainLossOnSettlementOfInterestRateDerivativeAndDebtIssuanceCosts
0 USD
CY2018 pdm Deferred Gain Loss On Settlement Of Interest Rate Derivative And Debt Issuance Costs
DeferredGainLossOnSettlementOfInterestRateDerivativeAndDebtIssuanceCosts
-1680000 USD
CY2017 pdm Deferred Gain Loss On Settlement Of Interest Rate Derivative And Debt Issuance Costs
DeferredGainLossOnSettlementOfInterestRateDerivativeAndDebtIssuanceCosts
0 USD
CY2019 us-gaap Write Off Of Deferred Debt Issuance Cost
WriteOffOfDeferredDebtIssuanceCost
400000 USD
CY2019Q4 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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300000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
8953000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
46461000 USD
CY2019Q4 pdm Number Of Unrecorded Tenant Allowance Commitments
NumberOfUnrecordedTenantAllowanceCommitments
1 Joint_Venture
CY2019Q4 pdm Unrecorded Tenant Allowance Commitment
UnrecordedTenantAllowanceCommitment
57400000 USD
CY2019 pdm Unrecorded Tenant Allowance Renewal Term
UnrecordedTenantAllowanceRenewalTerm
P20Y
CY2019Q4 pdm Unrecorded Tenant Allowance Expansion Area
UnrecordedTenantAllowanceExpansionArea
520000 sqft
CY2019 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
200000 USD
CY2018 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
300000 USD
CY2017 us-gaap Related Party Transaction Amounts Of Transaction
RelatedPartyTransactionAmountsOfTransaction
100000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15100000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9700000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
9500000 USD
CY2019 pdm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amortization Of Nonvested Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmortizationOfNonvestedShares
13600000 USD
CY2018 pdm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amortization Of Nonvested Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmortizationOfNonvestedShares
8600000 USD
CY2017 pdm Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Amortization Of Nonvested Shares
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsAmortizationOfNonvestedShares
7700000 USD
CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
292675 shares
CY2019Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
3500000 USD
CY2018 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
100000 shares
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
511905000 USD
CY2018 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
504410000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
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125709000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
130161000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
145044000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
473000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
475000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
336000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
126182000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
130636000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
145380000 shares
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
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287755000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
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1520051000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received
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3263476000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
384891000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
378312000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
362977000 USD
CY2019Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
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329490000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
418246000 USD
CY2018 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
411667000 USD
CY2017 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
455125000 USD
CY2019 us-gaap Variable Lease Income
VariableLeaseIncome
93659000 USD
CY2018 us-gaap Variable Lease Income
VariableLeaseIncome
92743000 USD
CY2017 us-gaap Variable Lease Income
VariableLeaseIncome
98139000 USD
CY2018 pdm Increase Decrease In Accrued Capital Expenditures And Deferred Lease Costs
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10854000 USD
CY2017 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
553264000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
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0.0335
CY2019 pdm Increase Decrease In Accrued Capital Expenditures And Deferred Lease Costs
IncreaseDecreaseInAccruedCapitalExpendituresAndDeferredLeaseCosts
38366000 USD
CY2017 pdm Increase Decrease In Accrued Capital Expenditures And Deferred Lease Costs
IncreaseDecreaseInAccruedCapitalExpendituresAndDeferredLeaseCosts
11276000 USD
CY2019 pdm Increase Decrease In Dividends Payable And Discounts On Dividend Reinvestments
IncreaseDecreaseInDividendsPayableAndDiscountsOnDividendReinvestments
-545000 USD
CY2018 pdm Increase Decrease In Dividends Payable And Discounts On Dividend Reinvestments
IncreaseDecreaseInDividendsPayableAndDiscountsOnDividendReinvestments
-74828000 USD
CY2017 pdm Increase Decrease In Dividends Payable And Discounts On Dividend Reinvestments
IncreaseDecreaseInDividendsPayableAndDiscountsOnDividendReinvestments
71267000 USD
CY2019 pdm Increase Decreasein Accrued Share Repurchases
IncreaseDecreaseinAccruedShareRepurchases
-4417000 USD
CY2018 pdm Increase Decreasein Accrued Share Repurchases
IncreaseDecreaseinAccruedShareRepurchases
3140000 USD
CY2017 pdm Increase Decreasein Accrued Share Repurchases
IncreaseDecreaseinAccruedShareRepurchases
1276000 USD
CY2019 pdm Investment In Consolidated Joint Venture Noncash Or Partial Noncash Transaction
InvestmentInConsolidatedJointVentureNoncashOrPartialNoncashTransaction
0 USD
CY2017Q4 pdm Restricted Cash And Escrow
RestrictedCashAndEscrow
1373000 USD
CY2018 pdm Investment In Consolidated Joint Venture Noncash Or Partial Noncash Transaction
InvestmentInConsolidatedJointVentureNoncashOrPartialNoncashTransaction
0 USD
CY2017 pdm Investment In Consolidated Joint Venture Noncash Or Partial Noncash Transaction
InvestmentInConsolidatedJointVentureNoncashOrPartialNoncashTransaction
63026000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4571000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7382000 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6992000 USD
CY2018Q4 pdm Restricted Cash And Escrow
RestrictedCashAndEscrow
1463000 USD
CY2016Q4 pdm Restricted Cash And Escrow
RestrictedCashAndEscrow
1212000 USD
CY2018Q4 pdm Cash Cash Equivalents And Restricted Cashand Investments
CashCashEquivalentsAndRestrictedCashandInvestments
6034000 USD
CY2017Q4 pdm Cash Cash Equivalents And Restricted Cashand Investments
CashCashEquivalentsAndRestrictedCashandInvestments
8755000 USD
CY2016Q4 pdm Cash Cash Equivalents And Restricted Cashand Investments
CashCashEquivalentsAndRestrictedCashandInvestments
8204000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
13545000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
4571000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7382000 USD
CY2019Q4 pdm Restricted Cash And Escrow
RestrictedCashAndEscrow
1841000 USD
CY2018Q4 pdm Restricted Cash And Escrow
RestrictedCashAndEscrow
1463000 USD
CY2017Q4 pdm Restricted Cash And Escrow
RestrictedCashAndEscrow
1373000 USD
CY2019Q4 pdm Cash Cash Equivalents And Restricted Cashand Investments
CashCashEquivalentsAndRestrictedCashandInvestments
15386000 USD
CY2018Q4 pdm Cash Cash Equivalents And Restricted Cashand Investments
CashCashEquivalentsAndRestrictedCashandInvestments
6034000 USD
CY2017Q4 pdm Cash Cash Equivalents And Restricted Cashand Investments
CashCashEquivalentsAndRestrictedCashandInvestments
8755000 USD
CY2019 us-gaap Net Income Loss
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229261000 USD
CY2018 us-gaap Net Income Loss
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130296000 USD
CY2017 us-gaap Net Income Loss
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133564000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-10381000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-54420000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Depreciation And Amortization
IncomeTaxReconciliationNondeductibleExpenseDepreciationAndAmortization
-62916000 USD
CY2019 pdm Effective Income Tax Rate Reconciliation Deductions Rental Income Accrued
EffectiveIncomeTaxRateReconciliationDeductionsRentalIncomeAccrued
-34804000 USD
CY2018 pdm Effective Income Tax Rate Reconciliation Deductions Rental Income Accrued
EffectiveIncomeTaxRateReconciliationDeductionsRentalIncomeAccrued
-9681000 USD
CY2017 pdm Effective Income Tax Rate Reconciliation Deductions Rental Income Accrued
EffectiveIncomeTaxRateReconciliationDeductionsRentalIncomeAccrued
-25432000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Leases
IncomeTaxReconciliationNondeductibleExpenseLeases
7698000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Leases
IncomeTaxReconciliationNondeductibleExpenseLeases
7453000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Leases
IncomeTaxReconciliationNondeductibleExpenseLeases
6041000 USD
CY2019 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
85463000 USD
CY2018 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
36241000 USD
CY2017 us-gaap Income Tax Reconciliation Disposition Of Assets
IncomeTaxReconciliationDispositionOfAssets
-10068000 USD
CY2019 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-23127000 USD
CY2018 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
37394000 USD
CY2017 us-gaap Income Tax Reconciliation Other Reconciling Items
IncomeTaxReconciliationOtherReconcilingItems
-49859000 USD
CY2019 pdm Income Tax Basis Net Income Prior To Dividends Paid Deduction
IncomeTaxBasisNetIncomePriorToDividendsPaidDeduction
135390000 USD
CY2018 pdm Income Tax Basis Net Income Prior To Dividends Paid Deduction
IncomeTaxBasisNetIncomePriorToDividendsPaidDeduction
91794000 USD
CY2017 pdm Income Tax Basis Net Income Prior To Dividends Paid Deduction
IncomeTaxBasisNetIncomePriorToDividendsPaidDeduction
225082000 USD
CY2019 pdm Common Stock Dividends Ordinary Income Percent
CommonStockDividendsOrdinaryIncomePercent
0.2982
CY2018 pdm Common Stock Dividends Ordinary Income Percent
CommonStockDividendsOrdinaryIncomePercent
1.0000
CY2017 pdm Common Stock Dividends Ordinary Income Percent
CommonStockDividendsOrdinaryIncomePercent
0.5361
CY2019Q1 us-gaap Earnings Per Share Basic And Diluted
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0.40
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
CY2019 pdm Common Stock Dividends Return Of Capital Percent
CommonStockDividendsReturnOfCapitalPercent
0
CY2018 pdm Common Stock Dividends Return Of Capital Percent
CommonStockDividendsReturnOfCapitalPercent
0
CY2017 pdm Common Stock Dividends Return Of Capital Percent
CommonStockDividendsReturnOfCapitalPercent
0
CY2019 pdm Common Stock Dividends Capital Gains Percent
CommonStockDividendsCapitalGainsPercent
0.7018
CY2018 pdm Common Stock Dividends Capital Gains Percent
CommonStockDividendsCapitalGainsPercent
0
CY2017 pdm Common Stock Dividends Capital Gains Percent
CommonStockDividendsCapitalGainsPercent
0.4639
CY2019 pdm Common Stock Dividends Percent
CommonStockDividendsPercent
1
CY2018 pdm Common Stock Dividends Percent
CommonStockDividendsPercent
1
CY2017 pdm Common Stock Dividends Percent
CommonStockDividendsPercent
1
CY2019Q4 pdm Tax Basis Of Total Assets
TaxBasisOfTotalAssets
3300000000 USD
CY2018Q4 pdm Tax Basis Of Total Assets
TaxBasisOfTotalAssets
3600000000 USD
CY2019Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
1000000.0 USD
CY2018Q4 us-gaap Liability For Uncertain Tax Positions Noncurrent
LiabilityForUncertainTaxPositionsNoncurrent
2400000 USD
CY2018 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1400000 USD
CY2019 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
1400000 USD
CY2017 us-gaap Unrecognized Tax Benefits Income Tax Penalties And Interest Expense
UnrecognizedTaxBenefitsIncomeTaxPenaltiesAndInterestExpense
100000 USD
CY2019Q1 us-gaap Revenues
Revenues
132936000 USD
CY2019Q2 us-gaap Revenues
Revenues
130668000 USD
CY2019Q3 us-gaap Revenues
Revenues
135421000 USD
CY2019Q4 us-gaap Revenues
Revenues
134153000 USD
CY2019Q1 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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37887000 USD
CY2019Q2 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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1451000 USD
CY2019Q3 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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32000 USD
CY2019Q4 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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157640000 USD
CY2019Q1 us-gaap Profit Loss
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50209000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
8152000 USD
CY2019Q3 us-gaap Profit Loss
ProfitLoss
8419000 USD
CY2019Q4 us-gaap Profit Loss
ProfitLoss
162476000 USD
CY2019Q1 us-gaap Net Income Loss
NetIncomeLoss
50208000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
8153000 USD
CY2019Q3 us-gaap Net Income Loss
NetIncomeLoss
8422000 USD
CY2019Q4 us-gaap Net Income Loss
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162478000 USD
CY2019Q3 us-gaap Common Stock Dividends Per Share Declared
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0.21
CY2019Q4 us-gaap Common Stock Dividends Per Share Declared
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0.21
CY2019Q3 us-gaap Earnings Per Share Basic And Diluted
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0.07
CY2019Q4 us-gaap Earnings Per Share Basic And Diluted
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1.29
CY2019Q1 us-gaap Common Stock Dividends Per Share Declared
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0.21
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
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0.21
CY2018Q1 us-gaap Revenues
Revenues
129900000 USD
CY2018Q2 us-gaap Revenues
Revenues
129174000 USD
CY2018Q3 us-gaap Revenues
Revenues
129708000 USD
CY2018Q4 us-gaap Revenues
Revenues
137185000 USD
CY2018Q1 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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45209000 USD
CY2018Q2 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
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-23000 USD
CY2018Q3 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
0 USD
CY2018Q4 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
30505000 USD
CY2018Q1 us-gaap Profit Loss
ProfitLoss
57828000 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
10940000 USD
CY2018Q3 us-gaap Common Stock Dividends Per Share Declared
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0.21
CY2018Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.21
CY2018Q3 us-gaap Profit Loss
ProfitLoss
16114000 USD
CY2018Q4 us-gaap Profit Loss
ProfitLoss
45409000 USD
CY2018Q1 us-gaap Net Income Loss
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57830000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
10942000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
16114000 USD
CY2018Q4 us-gaap Net Income Loss
NetIncomeLoss
45410000 USD
CY2018Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.43
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.09
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