$PECO
Phillips Edison & Co Inc

2013 Q2 Form 10-Q Financial Statement

#000147620413000059 Filed on May 09, 2013

View on sec.gov

Income Statement

Concept 2013 Q2 2013 Q1 2012 Q1
Revenue $15.16M $11.24M $2.215M
YoY Change 388.37% 407.31%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $5.069M $1.044M
YoY Change 385.54%
% of Gross Profit
Operating Expenses $14.52M $12.05M $2.267M
YoY Change 279.06% 431.45%
Operating Profit $646.0K -$811.0K -$52.00K
YoY Change -189.1% 1459.62%
Interest Expense $2.287M $2.100M $391.0K
YoY Change 378.45% 437.08%
% of Operating Profit 354.02%
Other Income/Expense, Net -$13.00K $0.00
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$1.993M -$2.848M -$258.0K
YoY Change 147.58% 1003.88%
Net Earnings / Revenue -13.14% -25.34% -11.65%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 31.50M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2013 Q2 2013 Q1 2012 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $61.93M $8.152M $6.339M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $489.6M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $270.7M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$17.43M
YoY Change
Common Stock $225.0K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $175.3M
YoY Change
Total Liabilities & Shareholders Equity $489.6M
YoY Change

Cashflow Statement

Concept 2013 Q2 2013 Q1 2012 Q1
OPERATING ACTIVITIES
Net Income -$1.993M -$2.848M -$258.0K
YoY Change 147.58% 1003.88%
Depreciation, Depletion And Amortization $5.069M $1.044M
YoY Change 385.54%
Cash From Operating Activities $3.915M -$664.0K
YoY Change -689.61%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$123.5M -$11.44M
YoY Change 979.81%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$85.63M $11.49M
YoY Change -845.08%
Debt Paid & Issued, Net $47.43M $21.18M
YoY Change 123.98%
Cash From Financing Activities $120.1M 11.47M
YoY Change 946.83%
NET CHANGE
Cash From Operating Activities $3.915M -664.0K
Cash From Investing Activities -$123.5M -11.44M
Cash From Financing Activities $120.1M 11.47M
Net Change In Cash $498.0K -630.0K
YoY Change -179.05%
FREE CASH FLOW
Cash From Operating Activities $3.915M -$664.0K
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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CY2012Q1 cik000147620 Disposition Fees Incurred
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CY2013Q1 us-gaap Derivatives Methods Of Accounting Hedging Derivatives
DerivativesMethodsOfAccountingHedgingDerivatives
<p style='margin-top:0pt; margin-bottom:0pt'><font style="font-family:Times New Roman;font-size:10pt;font-weight:bold;margin-left:0px;">Derivative Instruments and Hedging Activities</font><font style="font-family:Times New Roman;font-size:10pt;">&#8212;</font><font style="font-family:Times New Roman;font-size:10pt;">At times, we may use derivative instruments to manage exposure to variable interest rate risk. We generally enter into interest rate swaps to manage </font><font style="font-family:Times New Roman;font-size:10pt;">such</font><font style="font-family:Times New Roman;font-size:10pt;"> risk. We enter into derivative instruments that qualify as cash flow hedges</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> and </font><font style="font-family:Times New Roman;font-size:10pt;">we </font><font style="font-family:Times New Roman;font-size:10pt;">do not enter into derivative instruments for speculative purposes. The interest rate swaps associated with our cash flow hedges are recorded at fair value on a recurring basis. We assess effectiveness of our cash flow hedges both at inception and on an ongoing basis. The effective portion of changes in fair value of the interest rate swaps associated with our cash flow hedges is recorded in accumulated other comprehensive loss and is subsequently reclassified into interest expense as interest is incurred on the related variable rate debt. Our cash flow hedges become ineffective if critical terms of the hedging instrument and the debt instrument do not perfectly match</font><font style="font-family:Times New Roman;font-size:10pt;">,</font><font style="font-family:Times New Roman;font-size:10pt;"> such as notional amounts, settlement dates, reset dates, calculation period and LIBOR rate. When ineffectiveness exists, the ineffective portion of changes in fair value of the interest rate swaps associated with our cash flow hedges is recognized in earnings in the period affected. Hedge ineffectiveness has not impacted earnings in </font><font style="font-family:Times New Roman;font-size:10pt;">the three months ended March 31,</font><font style="font-family:Times New Roman;font-size:10pt;"> 2013</font><font style="font-family:Times New Roman;font-size:10pt;">, and we do not anticipate it will have a significant effect in the future. In addition, we evaluate the default risk of </font><font style="font-family:Times New Roman;font-size:10pt;">the counterparty by monitoring the credit worthiness of the counterparty. </font><font style="font-family:Times New Roman;font-size:10pt;"> </font><font style="font-family:Times New Roman;font-size:10pt;">Derivative instruments and hedging activities require management to make judgments on the nature of its derivatives and their effectiveness as hedges. These judgments determine if the changes in fair value of the derivative instruments are reported in the </font><font style="font-family:Times New Roman;font-size:10pt;">condensed </font><font style="font-family:Times New Roman;font-size:10pt;">consolidated statements of operations </font><font style="font-family:Times New Roman;font-size:10pt;">and comprehensive loss </font><font style="font-family:Times New Roman;font-size:10pt;">as a component of net loss or as a component of comprehensive loss and as a component of stockholders' equity on the consolidated balance sheets. While management believes its judgments are reasonable, a change in a derivative's effectiveness as a hedge could materially affect expenses, net income and equity.</font></p>
CY2013Q1 us-gaap Earnings Per Share Potentially Dilutive Securities
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CY2013Q1 cik000147620 Fair Value Inputs Discount Rate Minimum Variable Rate Debt
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50000000
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SecuredCreditFacilityFixedInterestRate
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UnrealizedGainLossOnInterestRateCashFlowHedgesPretaxAccumulatedOtherComprehensiveIncomeLoss
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CY2013Q1 us-gaap Derivative Financial Instruments Liabilities Fair Value Disclosure
DerivativeFinancialInstrumentsLiabilitiesFairValueDisclosure
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BusinessAcquisitionCostOfAcquiredEntityLiabilitiesIncurred
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BusinessAcquisitionCostOfAcquiredEntityFairValueOfDebtAssumed
39400000
CY2013Q1 cik000147620 Number Of Property Acquisitions
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CY2013Q1 cik000147620 Business Acquisition Purchase Price Allocation In Place Leases
BusinessAcquisitionPurchasePriceAllocationInPlaceLeases
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CY2013Q1 cik000147620 Business Acquisition Purchase Price Allocation Above Market Leases
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CY2013Q1 us-gaap Business Acquisition Purchase Price Allocation Land
BusinessAcquisitionPurchasePriceAllocationLand
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CY2013Q1 us-gaap Business Acquisition Cost Of Acquired Entity Purchase Price
BusinessAcquisitionCostOfAcquiredEntityPurchasePrice
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CY2013Q1 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
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CY2013Q1 us-gaap Business Acquisitions Pro Forma Net Income Loss
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BusinessAcquisitionProFormaEarningsPerShareDiluted
0.03
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AmortizationOfIntangibleAssets
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JointVentureDebt
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CY2012Q1 us-gaap Amortization Of Debt Discount Premium
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SecuredDebt
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CY2013Q1 us-gaap Unsecured Debt
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DebtInstrumentUnamortizedDiscountPremiumNet
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LongtermDebtWeightedAverageInterestRate
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CY2013Q1 cik000147620 Leverage Ratio
LeverageRatio
0.511 pure
CY2013Q1 cik000147620 Debt Held Directly
DebtHeldDirectly
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CY2013Q1 cik000147620 Unsecured Line Of Credit Facility Maximum Borrowing Capacity
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CY2013Q1 cik000147620 Unsecured Line Of Credit Facility Outstanding Balance
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CY2013Q1 cik000147620 Secured Line Of Credit Facility Maximum Borrowing Capacity
SecuredLineOfCreditFacilityMaximumBorrowingCapacity
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CY2013Q1 cik000147620 Secured Line Of Credit Facility Maximum Potential Borrowing Capacity
SecuredLineOfCreditFacilityMaximumPotentialBorrowingCapacity
300000000
CY2013Q1 cik000147620 Secured Line Of Credit Facility Outstanding Balance
SecuredLineOfCreditFacilityOutstandingBalance
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CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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CY2013Q1 cik000147620 Loans Maturing Current Year With One Year Extension Options
LoansMaturingCurrentYearWithOneYearExtensionOptions
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CY2013Q1 cik000147620 Loans Maturing Current Year Repaid
LoansMaturingCurrentYearRepaid
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CY2013Q1 cik000147620 Maximum Loan Capacity
MaximumLoanCapacity
444626000
CY2012Q4 cik000147620 Maximum Loan Capacity
MaximumLoanCapacity
183409000
CY2013Q1 cik000147620 Long Term Debt Maturities Repayments Of Principal In Year One
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearOne
24359000
CY2013Q1 cik000147620 Weighted Average Interest Rate For Maturities In Year One
WeightedAverageInterestRateForMaturitiesInYearOne
0.034 pure
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
18435000
CY2013Q1 cik000147620 Weighted Average Interest Rate For Maturities In Year Two
WeightedAverageInterestRateForMaturitiesInYearTwo
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CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
88025000
CY2013Q1 cik000147620 Weighted Average Interest Rate For Maturities In Year Three
WeightedAverageInterestRateForMaturitiesInYearThree
0.028 pure
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
26390000
CY2013Q1 cik000147620 Weighted Average Interest Rate For Maturities In Year Four
WeightedAverageInterestRateForMaturitiesInYearFour
0.040 pure
CY2013Q1 cik000147620 Weighted Average Interest Rate For Maturities After Year Five
WeightedAverageInterestRateForMaturitiesAfterYearFive
0.042 pure
CY2013Q1 us-gaap Borrowed Funds
BorrowedFunds
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CY2013Q1 cik000147620 Weighted Average Interest Rate For Maturities In Year Five
WeightedAverageInterestRateForMaturitiesInYearFive
0.038 pure
CY2013Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
13945000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
17000
CY2013Q1 cik000147620 Organization And Offering Costs Reimbursed To Advisor And Sub Advisor
OrganizationAndOfferingCostsReimbursedToAdvisorAndSubAdvisor
9100000
CY2013Q1 cik000147620 Acquisition Fees Incurred
AcquisitionFeesIncurred
1648000
CY2012Q1 cik000147620 Acquisition Fees Incurred
AcquisitionFeesIncurred
64000
CY2013Q1 cik000147620 Maximum Distribution Rate For Asset Management Fee Reimbursement Calculation
MaximumDistributionRateForAssetManagementFeeReimbursementCalculation
0.65
CY2013Q1 cik000147620 Asset Management Fees Incurred
AssetManagementFeesIncurred
249000
CY2012Q1 cik000147620 Asset Management Fees Incurred
AssetManagementFeesIncurred
217000
CY2013Q1 cik000147620 Asset Management Fees Waived
AssetManagementFeesWaived
0
CY2012Q1 cik000147620 Asset Management Fees Waived
AssetManagementFeesWaived
118000
CY2013Q1 cik000147620 Assumed Below Market Debt
AssumedBelowMarketDebt
4562000
CY2013Q1 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.0371 pure
CY2013Q1 cik000147620 Acquired Below Market Lease Intangibles Amortization
AcquiredBelowMarketLeaseIntangiblesAmortization
324000
CY2012Q1 cik000147620 Acquired Below Market Lease Intangibles Amortization
AcquiredBelowMarketLeaseIntangiblesAmortization
73000
CY2013Q1 cik000147620 Offering Costs Unbilled By Sub Advisor
OfferingCostsUnbilledBySubAdvisor
4200000
CY2013Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5000
CY2012Q1 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
5000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
15000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
20000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
20000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
20000
CY2013Q1 cik000147620 Asset Management Fees Paid By Non Controlling Interests
AssetManagementFeesPaidByNonControllingInterests
249000
CY2013Q1 cik000147620 Financing Fees Incurred
FinancingFeesIncurred
1958000
CY2012Q1 cik000147620 Financing Fees Incurred
FinancingFeesIncurred
0
CY2013Q1 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.045 pure
CY2013Q1 cik000147620 Property Management Oversight Fee Percent
PropertyManagementOversightFeePercent
0.01 pure
CY2013Q1 cik000147620 Acquisition Fee Percentage
AcquisitionFeePercentage
0.01 pure
CY2013Q1 cik000147620 Financing Fee Percentage
FinancingFeePercentage
0.0075 pure
CY2013Q1 cik000147620 Disposition Fee Percentage
DispositionFeePercentage
0.02 pure
CY2012Q4 cik000147620 Organization And Offering Costs Billed By Advisor And Sub Advisor
OrganizationAndOfferingCostsBilledByAdvisorAndSubAdvisor
7200000
CY2012Q4 cik000147620 Organization And Offering Costs Reimbursed To Advisor And Sub Advisor
OrganizationAndOfferingCostsReimbursedToAdvisorAndSubAdvisor
4200000
CY2013Q1 cik000147620 Acquisition Fees Payable
AcquisitionFeesPayable
0
CY2012Q4 cik000147620 Acquisition Fees Payable
AcquisitionFeesPayable
191000
CY2013Q1 cik000147620 Class B Distributions
ClassBDistributions
4000
CY2013Q1 cik000147620 Class B Units Issued
ClassBUnitsIssued
59245 shares
CY2013Q2 cik000147620 Class B Units Issued
ClassBUnitsIssued
104372 shares
CY2012Q1 cik000147620 Asset Management Fees Paid By Non Controlling Interests
AssetManagementFeesPaidByNonControllingInterests
99000
CY2013Q1 cik000147620 Leasing Commissions Payable
LeasingCommissionsPayable
69000
CY2013Q1 cik000147620 Investor Return Before Subordinated Participation In Net Sales Proceeds
InvestorReturnBeforeSubordinatedParticipationInNetSalesProceeds
0.07 pure
CY2013Q1 cik000147620 Asset Management Fees Payable
AssetManagementFeesPayable
249000
CY2012Q4 cik000147620 Asset Management Fees Payable
AssetManagementFeesPayable
248000
CY2013Q1 cik000147620 Subordinated Participation In Net Sales Proceeds Percentage
SubordinatedParticipationInNetSalesProceedsPercentage
0.15 pure
CY2013Q1 cik000147620 Advisor Interest In Special Limited Partner
AdvisorInterestInSpecialLimitedPartner
0.15 pure
CY2013Q1 cik000147620 Sub Advisor Interest In Special Limited Partner
SubAdvisorInterestInSpecialLimitedPartner
0.85 pure
CY2013Q1 cik000147620 Subordinated Incentive Listing Fee Percentage
SubordinatedIncentiveListingFeePercentage
0.15 pure
CY2013Q1 cik000147620 Investor Return Before Subordinated Listing Incentive Fee
InvestorReturnBeforeSubordinatedListingIncentiveFee
0.07 pure
CY2013Q1 cik000147620 Subordinated Distribution Upon Termination Of Advisor Agreement Percentage
SubordinatedDistributionUponTerminationOfAdvisorAgreementPercentage
0.15 pure
CY2013Q1 cik000147620 Investor Return Before Subordinated Distribution Upon Termination Of Advisor Agreement
InvestorReturnBeforeSubordinatedDistributionUponTerminationOfAdvisorAgreement
0.07 pure
CY2013Q1 cik000147620 Operating Partnership Return For Class B To Vest
OperatingPartnershipReturnForClassBToVest
0.06 pure
CY2013Q1 cik000147620 Organization And Offering Costs Billed By Advisor And Sub Advisor
OrganizationAndOfferingCostsBilledByAdvisorAndSubAdvisor
11300000
CY2013Q1 cik000147620 Offering Costs Paid By Sub Advisor Maximum Reimbursement Percentage
OfferingCostsPaidBySubAdvisorMaximumReimbursementPercentage
0.015 pure
CY2013Q1 cik000147620 Asset Management Fee Percentage
AssetManagementFeePercentage
0.0008333 pure
CY2013Q1 cik000147620 Construction Management Fees Payable
ConstructionManagementFeesPayable
4000
CY2013Q1 cik000147620 Other Fees And Reimbursements Payable To Property Manager
OtherFeesAndReimbursementsPayableToPropertyManager
49000
CY2013Q1 cik000147620 Property Manager Fees And Reimbursements Payable
PropertyManagerFeesAndReimbursementsPayable
306000
CY2012Q4 cik000147620 Property Management Fees Payable
PropertyManagementFeesPayable
112000
CY2012Q4 cik000147620 Leasing Commissions Payable
LeasingCommissionsPayable
96000
CY2013Q1 cik000147620 Property Management Fees Incurred
PropertyManagementFeesIncurred
458000
CY2013Q1 cik000147620 Leasing Commissions Incurred
LeasingCommissionsIncurred
188000
CY2013Q1 cik000147620 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
23000
CY2013Q1 cik000147620 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
118000
CY2013Q1 cik000147620 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
787000
CY2012Q1 cik000147620 Property Management Fees Incurred
PropertyManagementFeesIncurred
113000
CY2012Q1 cik000147620 Leasing Commissions Incurred
LeasingCommissionsIncurred
45000
CY2012Q1 cik000147620 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
7000
CY2012Q1 cik000147620 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
21000
CY2012Q1 cik000147620 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
186000
CY2013Q1 cik000147620 Property Management Fees Payable
PropertyManagementFeesPayable
184000
CY2012Q4 cik000147620 Construction Management Fees Payable
ConstructionManagementFeesPayable
18000
CY2012Q4 cik000147620 Other Fees And Reimbursements Payable To Property Manager
OtherFeesAndReimbursementsPayableToPropertyManager
-20000
CY2012Q4 cik000147620 Property Manager Fees And Reimbursements Payable
PropertyManagerFeesAndReimbursementsPayable
206000
CY2013Q1 cik000147620 Dealer Manager Fee Percentage
DealerManagerFeePercentage
0.03 pure
CY2013Q1 cik000147620 Dealer Manager Selling Commission Percentage
DealerManagerSellingCommissionPercentage
0.07 pure
CY2013Q1 cik000147620 Percentage Of Dealer Manager Selling Commissions Typically Reallowed
PercentageOfDealerManagerSellingCommissionsTypicallyReallowed
1 pure
CY2013Q1 cik000147620 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
5599000
CY2013Q1 cik000147620 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
5599000
CY2013Q1 cik000147620 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
2542000
CY2013Q1 cik000147620 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
986000
CY2012Q1 cik000147620 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
850000
CY2012Q1 cik000147620 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
850000
CY2012Q1 cik000147620 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
255000
CY2012Q1 cik000147620 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
89000
CY2013Q1 cik000147620 Minimum Percentage Of Shares Owned By Sub Advisor
MinimumPercentageOfSharesOwnedBySubAdvisor
0.001 pure
CY2013Q1 cik000147620 Sub Advisor Share Purchase Price
SubAdvisorSharePurchasePrice
9.00
CY2013Q1 cik000147620 Shares Owned By Sub Advisor
SharesOwnedBySubAdvisor
23195 shares
CY2013Q1 cik000147620 Percentage Of Shares Owned By Sub Advisor
PercentageOfSharesOwnedBySubAdvisor
0.001 pure
CY2012Q4 cik000147620 Shares Owned By Sub Advisor
SharesOwnedBySubAdvisor
23061 shares
CY2012Q4 cik000147620 Percentage Of Shares Owned By Sub Advisor
PercentageOfSharesOwnedBySubAdvisor
0.0017 pure
CY2013Q1 cik000147620 Organization And Offering Costs Payable To Advisor And Sub Advisor
OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor
2188000
CY2013Q1 cik000147620 General And Administrative Expenses Of Company Paid By Sponsor
GeneralAndAdministrativeExpensesOfCompanyPaidBySponsor
29000
CY2013Q1 cik000147620 Asset Management Property Management And Other Fees Payable
AssetManagementPropertyManagementAndOtherFeesPayable
559000
CY2012Q4 cik000147620 General And Administrative Expenses Of Company Paid By Sponsor
GeneralAndAdministrativeExpensesOfCompanyPaidBySponsor
2000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
33724000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
37558000
CY2012Q4 cik000147620 Asset Management Property Management And Other Fees Payable
AssetManagementPropertyManagementAndOtherFeesPayable
645000
CY2012Q4 cik000147620 Organization And Offering Costs Payable To Advisor And Sub Advisor
OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor
2987000
CY2013Q1 cik000147620 Contributions From Sponsors Since Inception
ContributionsFromSponsorsSinceInception
228000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
29826000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
30440000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
26224000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
120776000
CY2013Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
278548000

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