2014 Q2 Form 10-Q Financial Statement

#000147620414000022 Filed on August 07, 2014

View on sec.gov

Income Statement

Concept 2014 Q2 2013 Q2
Revenue $43.91M $15.16M
YoY Change 189.59% 388.37%
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
YoY Change
% of Gross Profit
Operating Expenses $41.07M $14.52M
YoY Change 182.88% 279.06%
Operating Profit $2.845M $646.0K
YoY Change 340.4% -189.1%
Interest Expense $4.890M $2.287M
YoY Change 113.82% 378.45%
% of Operating Profit 171.88% 354.02%
Other Income/Expense, Net $166.0K -$13.00K
YoY Change -1376.92%
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$1.879M -$1.993M
YoY Change -5.72% 147.58%
Net Earnings / Revenue -4.28% -13.14%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 178.5M shares 31.50M shares
Diluted Shares Outstanding 178.5M shares

Balance Sheet

Concept 2014 Q2 2013 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $20.30M $61.93M
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 $1.865B
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 $426.9M
YoY Change
SHAREHOLDERS EQUITY
Retained Earnings -$132.5M
YoY Change
Common Stock $1.790M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.438B
YoY Change
Total Liabilities & Shareholders Equity $1.865B
YoY Change

Cashflow Statement

Concept 2014 Q2 2013 Q2
OPERATING ACTIVITIES
Net Income -$1.879M -$1.993M
YoY Change -5.72% 147.58%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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us-gaap Amortization Of Debt Discount Premium
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us-gaap Amortization Of Intangible Assets
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us-gaap Common Stock Voting Rights
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The holders of shares of common stock are entitled to one vote per share on all matters voted on by stockholders, including election of the board of directors. Our charter does not provide for cumulative voting in the election of directors.
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us-gaap Derivatives Methods Of Accounting Hedging Derivatives
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<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Derivative Instruments and Hedging Activities</font><font style="font-family:inherit;font-size:10pt;">&#8212;We may use derivative instruments to manage exposure to variable interest rate risk. We generally enter into interest rate swaps to manage such risk. We may enter into derivative instruments that qualify as cash flow hedges, and we do not enter into derivative instruments for speculative purposes. Interest rate swaps 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 designated as cash flow hedges is recorded in accumulated other comprehensive income 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, such as notional amounts, settlement dates, reset dates, the calculation period and the 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. </font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Changes in fair value as well as net payments or receipts under interest rate swap agreements that do not qualify for hedge accounting treatment are recorded as other income or other expense in the condensed consolidated statements of operations and comprehensive loss.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">In addition, we evaluate the default risk of the counterparty by monitoring the credit worthiness of the counterparty. &#160;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 condensed consolidated statements of operations and comprehensive loss as a component of net loss or as a component of comprehensive income and as a component of stockholders' equity on the consolidated balance sheets. Although 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></div></div>
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CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
125494000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
137577000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable Remainder Of Fiscal Year
OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
71302000 USD
CY2014Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
408385000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
60901000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
19941000 USD
CY2014Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
33677000 USD
CY2013Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
11076000 USD
CY2013Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
1054000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
971000 USD
CY2014Q2 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
-690000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
971000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-690000 USD
CY2014Q2 us-gaap Other Liabilities
OtherLiabilities
36550000 USD
CY2013Q4 us-gaap Other Liabilities
OtherLiabilities
27947000 USD
CY2014Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
166000 USD
CY2013Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
713000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
346000 USD
CY2013Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
52000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
83000 USD
CY2014Q2 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
199000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
374000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
852000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
27948000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3930000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
3139000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
16000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
2301000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
4194000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
52324000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1799000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
456795000 USD
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
287959000 USD
CY2013Q4 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
57000000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
1804000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
4550000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2014Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
9143000 USD
CY2013Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
13261000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
520000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2534000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
406257000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
198509000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
32000000 USD
us-gaap Profit Loss
ProfitLoss
-2302000 USD
CY2013Q2 us-gaap Profit Loss
ProfitLoss
-1654000 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
-1879000 USD
us-gaap Profit Loss
ProfitLoss
-4565000 USD
us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.045
CY2014Q2 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.04
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
29538000 USD
CY2014Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
53104000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1136074000 USD
CY2014Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
1689586000 USD
CY2014Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1636482000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1106536000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
3619000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
10732000 USD
CY2013Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
2107000 USD
CY2014Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
6450000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
203819000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
18692000 USD
CY2014Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
6992000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9859000 USD
CY2014Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-132547000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-71192000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1469439000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
406257000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
374000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
1381000 USD
us-gaap Revenues
Revenues
26401000 USD
CY2013Q2 us-gaap Revenues
Revenues
15164000 USD
us-gaap Revenues
Revenues
79591000 USD
CY2014Q2 us-gaap Revenues
Revenues
43914000 USD
CY2014Q2 us-gaap Secured Debt
SecuredDebt
354500000 USD
CY2013Q4 us-gaap Secured Debt
SecuredDebt
200900000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
31024000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
3213000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2534000 USD
us-gaap Straight Line Rent
StraightLineRent
548000 USD
CY2013Q2 us-gaap Tenant Reimbursements
TenantReimbursements
4036000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
6377000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
18344000 USD
CY2014Q2 us-gaap Tenant Reimbursements
TenantReimbursements
10038000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
10000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
443000 USD
CY2014Q2 cik0001476204 Acquisition Fee Percentage
AcquisitionFeePercentage
0.01
CY2014Q2 us-gaap Stockholders Equity
StockholdersEquity
1438101000 USD
CY2014Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1438186000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1469532000 USD
CY2013Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
494733000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
152271000 USD
us-gaap Straight Line Rent
StraightLineRent
1869000 USD
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
177686157 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
27626407 shares
CY2014Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
178508251 shares
CY2013Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
37692167 shares
CY2013Q4 cik0001476204 Acquired Below Market Lease Intangibles Accumulated Amortization
AcquiredBelowMarketLeaseIntangiblesAccumulatedAmortization
2708000 USD
CY2014Q2 cik0001476204 Acquired Below Market Lease Intangibles Accumulated Amortization
AcquiredBelowMarketLeaseIntangiblesAccumulatedAmortization
4714000 USD
CY2013Q2 cik0001476204 Acquired Below Market Lease Intangibles Amortization
AcquiredBelowMarketLeaseIntangiblesAmortization
400000 USD
cik0001476204 Acquired Below Market Lease Intangibles Amortization
AcquiredBelowMarketLeaseIntangiblesAmortization
700000 USD
cik0001476204 Acquired Below Market Lease Intangibles Amortization
AcquiredBelowMarketLeaseIntangiblesAmortization
2000000 USD
CY2014Q2 cik0001476204 Acquired Below Market Lease Intangibles Amortization
AcquiredBelowMarketLeaseIntangiblesAmortization
1100000 USD
cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
3490000 USD
CY2013Q2 cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
1842000 USD
cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
6003000 USD
CY2014Q2 cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
3161000 USD
CY2013Q4 cik0001476204 Acquisition Fees Payable
AcquisitionFeesPayable
0 USD
CY2014Q2 cik0001476204 Acquisition Fees Payable
AcquisitionFeesPayable
0 USD
CY2014Q2 cik0001476204 Advisor Interest In Special Limited Partner
AdvisorInterestInSpecialLimitedPartner
0.15
CY2014Q2 cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
0 USD
cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
0 USD
cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
498000 USD
CY2013Q2 cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
249000 USD
CY2013Q4 cik0001476204 Asset Management Fees Payable
AssetManagementFeesPayable
0 USD
CY2014Q2 cik0001476204 Asset Management Fees Payable
AssetManagementFeesPayable
0 USD
CY2013Q4 cik0001476204 Asset Management Property Management And Other Fees Payable
AssetManagementPropertyManagementAndOtherFeesPayable
668000 USD
CY2014Q2 cik0001476204 Asset Management Property Management And Other Fees Payable
AssetManagementPropertyManagementAndOtherFeesPayable
1347000 USD
cik0001476204 Assumed Debt
AssumedDebt
141472000 USD
cik0001476204 Assumed Debt
AssumedDebt
57198000 USD
cik0001476204 Assumedinterestrateswap
Assumedinterestrateswap
714000 USD
cik0001476204 Assumedinterestrateswap
Assumedinterestrateswap
0 USD
cik0001476204 Business Acquisition During Period Costof Acquired Entity Fair Valueof Debt Assumed
BusinessAcquisitionDuringPeriodCostofAcquiredEntityFairValueofDebtAssumed
57200000 USD
cik0001476204 Business Acquisition During Period Costof Acquired Entity Fair Valueof Debt Assumed
BusinessAcquisitionDuringPeriodCostofAcquiredEntityFairValueofDebtAssumed
141500000 USD
cik0001476204 Change In Accrued Offering Costs Payable To Sub Advisor
ChangeInAccruedOfferingCostsPayableToSubAdvisor
-1570000 USD
cik0001476204 Change In Accrued Offering Costs Payable To Sub Advisor
ChangeInAccruedOfferingCostsPayableToSubAdvisor
-329000 USD
cik0001476204 Change In Distributions Payable
ChangeInDistributionsPayable
81000 USD
cik0001476204 Change In Distributions Payable
ChangeInDistributionsPayable
2012000 USD
cik0001476204 Change In Distributions Payable Noncontrolling Interests
ChangeInDistributionsPayableNoncontrollingInterests
-8000 USD
cik0001476204 Change In Distributions Payable Noncontrolling Interests
ChangeInDistributionsPayableNoncontrollingInterests
-8000 USD
CY2014Q2 cik0001476204 Class B Distributions
ClassBDistributions
199000 USD
cik0001476204 Class B Distributions
ClassBDistributions
28000 USD
CY2013Q2 cik0001476204 Class B Distributions
ClassBDistributions
24000 USD
cik0001476204 Class B Distributions
ClassBDistributions
317000 USD
CY2014Q2 cik0001476204 Class B Distributions Payable
ClassBDistributionsPayable
72000 USD
CY2013Q4 cik0001476204 Class B Distributions Payable
ClassBDistributionsPayable
30000 USD
cik0001476204 Class B Units Issued
ClassBUnitsIssued
770481 shares
CY2014Q2 cik0001476204 Class B Units Outstanding
ClassBUnitsOutstanding
1302862 shares
CY2013Q2 cik0001476204 Class B Units Outstanding
ClassBUnitsOutstanding
163617 shares
CY2014Q2 cik0001476204 Common Stock Repurchased Since Inception
CommonStockRepurchasedSinceInception
182449 shares
CY2013Q2 cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
53000 USD
CY2014Q2 cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
210000 USD
cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
250000 USD
cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
76000 USD
CY2014Q2 cik0001476204 Construction Management Fees Payable
ConstructionManagementFeesPayable
112000 USD
CY2013Q4 cik0001476204 Construction Management Fees Payable
ConstructionManagementFeesPayable
50000 USD
CY2011Q3 cik0001476204 Contributed Properties
ContributedProperties
6 Properties
CY2014Q2 cik0001476204 Dealer Manager Fee Percentage
DealerManagerFeePercentage
0.030
CY2013Q2 cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
8672000 USD
cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
72000 USD
cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
11214000 USD
CY2014Q2 cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
0 USD
cik0001476204 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
29000 USD
CY2014Q2 cik0001476204 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
0 USD
CY2013Q2 cik0001476204 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
3218000 USD
cik0001476204 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
4204000 USD
CY2014Q2 cik0001476204 Dealer Manager Selling Commission Percentage
DealerManagerSellingCommissionPercentage
0.070
CY2013Q2 cik0001476204 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
20662000 USD
cik0001476204 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
26261000 USD
cik0001476204 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
157000 USD
CY2014Q2 cik0001476204 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
0 USD
CY2013Q2 cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
20662000 USD
cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
26261000 USD
cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
157000 USD
CY2014Q2 cik0001476204 General And Administrative Expenses Of Company Paid By Sponsor
GeneralAndAdministrativeExpensesOfCompanyPaidBySponsor
69000 USD
cik0001476204 Increase Decreasein Accrued Sharesfor Repurchase
IncreaseDecreaseinAccruedSharesforRepurchase
529000 USD
CY2014Q2 cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
0 USD
CY2014Q2 cik0001476204 Disposition Fee Percentage
DispositionFeePercentage
0.020
cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
0 USD
CY2013Q2 cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
0 USD
CY2014Q2 cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
0 USD
cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
0 USD
CY2013Q4 cik0001476204 Disposition Fees Payable
DispositionFeesPayable
0 USD
CY2014Q2 cik0001476204 Disposition Fees Payable
DispositionFeesPayable
0 USD
CY2013Q4 cik0001476204 Fair Value Inputs Discount Rate Fixed Rate Debt
FairValueInputsDiscountRateFixedRateDebt
0.045
CY2014Q2 cik0001476204 Fair Value Inputs Discount Rate Fixed Rate Debt
FairValueInputsDiscountRateFixedRateDebt
0.0415
CY2014Q2 cik0001476204 Fair Value Inputs Discount Rate Secured Variable Rate Debt
FairValueInputsDiscountRateSecuredVariableRateDebt
0.0265
CY2014Q2 cik0001476204 Fair Value Inputs Discount Rate Unsecured Variable Rate Debt
FairValueInputsDiscountRateUnsecuredVariableRateDebt
0.0145
CY2014Q2 cik0001476204 Financing Fee Percentage
FinancingFeePercentage
0.0075
CY2014Q2 cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
409000 USD
CY2013Q2 cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
137000 USD
cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
2095000 USD
cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
1042000 USD
CY2014Q2 cik0001476204 Financing Fees Payable
FinancingFeesPayable
0 USD
CY2013Q4 cik0001476204 Financing Fees Payable
FinancingFeesPayable
0 USD
CY2014Q2 cik0001476204 Fixed Rate Debt Not Assumed
FixedRateDebtNotAssumed
6400000 USD
CY2013Q4 cik0001476204 General And Administrative Expenses Of Company Paid By Sponsor
GeneralAndAdministrativeExpensesOfCompanyPaidBySponsor
85000 USD
cik0001476204 Increase Decreasein Accrued Sharesfor Repurchase
IncreaseDecreaseinAccruedSharesforRepurchase
0 USD
CY2014Q2 cik0001476204 Investor Return Before Subordinated Distribution Upon Termination Of Advisor Agreement
InvestorReturnBeforeSubordinatedDistributionUponTerminationOfAdvisorAgreement
0.070
CY2014Q2 cik0001476204 Investor Return Before Subordinated Listing Incentive Fee
InvestorReturnBeforeSubordinatedListingIncentiveFee
0.070
CY2014Q2 cik0001476204 Investor Return Before Subordinated Participation In Net Sales Proceeds
InvestorReturnBeforeSubordinatedParticipationInNetSalesProceeds
0.070
CY2013Q4 cik0001476204 Joint Venture Investment Ownership Percentage
JointVentureInvestmentOwnershipPercentage
1
CY2014Q2 cik0001476204 Leasing Commissions Incurred
LeasingCommissionsIncurred
1139000 USD
CY2013Q2 cik0001476204 Leasing Commissions Incurred
LeasingCommissionsIncurred
279000 USD
cik0001476204 Leasing Commissions Incurred
LeasingCommissionsIncurred
467000 USD
cik0001476204 Leasing Commissions Incurred
LeasingCommissionsIncurred
1708000 USD
CY2014Q2 cik0001476204 Leasing Commissions Payable
LeasingCommissionsPayable
327000 USD
CY2013Q4 cik0001476204 Leasing Commissions Payable
LeasingCommissionsPayable
80000 USD
CY2014Q2 cik0001476204 Maximum Loan Capacity
MaximumLoanCapacity
543444000 USD
CY2013Q4 cik0001476204 Maximum Loan Capacity
MaximumLoanCapacity
422797000 USD
cik0001476204 Maxof Offering Proceeds Payableto Advisorand Sub Advisorfor Oo
MaxofOfferingProceedsPayabletoAdvisorandSubAdvisorforOO
0.015
CY2014Q2 cik0001476204 Minimum Percentage Of Shares Owned By Sub Advisor
MinimumPercentageOfSharesOwnedBySubAdvisor
0.001
cik0001476204 Net Amortization Of Above And Below Market Leases
NetAmortizationOfAboveAndBelowMarketLeases
229000 USD
cik0001476204 Net Amortization Of Above And Below Market Leases
NetAmortizationOfAboveAndBelowMarketLeases
338000 USD
CY2014Q2 cik0001476204 Non Recourse Mortgage Loans Payable
NonRecourseMortgageLoansPayable
219500000 USD
CY2013Q4 cik0001476204 Non Recourse Mortgage Loans Payable
NonRecourseMortgageLoansPayable
157800000 USD
CY2011Q3 cik0001476204 Noncontrolling Interest Capital
NoncontrollingInterestCapital
50000000 USD
CY2014Q2 cik0001476204 Operating Partnership Return For Class B To Vest
OperatingPartnershipReturnForClassBToVest
0.06
CY2013Q4 cik0001476204 Organization And Offering Costs Charged By Advisor And Sub Advisor
OrganizationAndOfferingCostsChargedByAdvisorAndSubAdvisor
26300000 USD
CY2014Q2 cik0001476204 Organization And Offering Costs Charged By Advisor And Sub Advisor
OrganizationAndOfferingCostsChargedByAdvisorAndSubAdvisor
27420000 USD
CY2013Q4 cik0001476204 Organization And Offering Costs Payable To Advisor And Sub Advisor
OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor
379000 USD
CY2014Q2 cik0001476204 Organization And Offering Costs Payable To Advisor And Sub Advisor
OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor
50000 USD
CY2013Q4 cik0001476204 Organization And Offering Costs Reimbursed To Advisor And Sub Advisor
OrganizationAndOfferingCostsReimbursedToAdvisorAndSubAdvisor
25870000 USD
CY2014Q2 cik0001476204 Organization And Offering Costs Reimbursed To Advisor And Sub Advisor
OrganizationAndOfferingCostsReimbursedToAdvisorAndSubAdvisor
27370000 USD
CY2014Q2 cik0001476204 Other Fees And Reimbursements Payable To Property Manager
OtherFeesAndReimbursementsPayableToPropertyManager
223000 USD
CY2013Q4 cik0001476204 Other Fees And Reimbursements Payable To Property Manager
OtherFeesAndReimbursementsPayableToPropertyManager
89000 USD
cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
738000 USD
CY2013Q2 cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
144000 USD
cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
262000 USD
CY2014Q2 cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
445000 USD
cik0001476204 Percentage Of Dealer Manager Selling Commissions Typically Reallowed
PercentageOfDealerManagerSellingCommissionsTypicallyReallowed
1
CY2014Q2 cik0001476204 Percentage Of Shares Owned By Sub Advisor
PercentageOfSharesOwnedBySubAdvisor
0.0010
CY2013Q4 cik0001476204 Percentage Of Shares Owned By Sub Advisor
PercentageOfSharesOwnedBySubAdvisor
0.0010
cik0001476204 Properties Acquired During Period Assumed Debt
PropertiesAcquiredDuringPeriodAssumedDebt
10 Properties
cik0001476204 Properties Acquired During Period Assumed Debt
PropertiesAcquiredDuringPeriodAssumedDebt
4 Properties
cik0001476204 Property Management Fees Incurred
PropertyManagementFeesIncurred
1033000 USD
CY2014Q2 cik0001476204 Property Management Fees Incurred
PropertyManagementFeesIncurred
1725000 USD
cik0001476204 Property Management Fees Incurred
PropertyManagementFeesIncurred
3307000 USD
CY2013Q2 cik0001476204 Property Management Fees Incurred
PropertyManagementFeesIncurred
575000 USD
CY2013Q4 cik0001476204 Property Management Fees Payable
PropertyManagementFeesPayable
418000 USD
CY2014Q2 cik0001476204 Property Management Fees Payable
PropertyManagementFeesPayable
613000 USD
CY2014Q2 cik0001476204 Property Management Oversight Fee Percent
PropertyManagementOversightFeePercent
0.01
cik0001476204 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
1838000 USD
CY2013Q2 cik0001476204 Salesof Real Estate Assets
SalesofRealEstateAssets
0 USD
CY2014Q2 cik0001476204 Salesof Real Estate Assets
SalesofRealEstateAssets
0 USD
CY2014Q2 cik0001476204 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
3519000 USD
CY2013Q2 cik0001476204 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
1051000 USD
cik0001476204 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
6003000 USD
CY2013Q4 cik0001476204 Property Manager Fees And Reimbursements Payable
PropertyManagerFeesAndReimbursementsPayable
637000 USD
CY2014Q2 cik0001476204 Property Manager Fees And Reimbursements Payable
PropertyManagerFeesAndReimbursementsPayable
1275000 USD
cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
668000 USD
CY2014Q2 cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
403000 USD
cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
0 USD
CY2013Q2 cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
0 USD
CY2013Q4 cik0001476204 Related Party Transaction Acquisition Expense Payable
RelatedPartyTransactionAcquisitionExpensePayable
0 USD
CY2014Q2 cik0001476204 Related Party Transaction Acquisition Expense Payable
RelatedPartyTransactionAcquisitionExpensePayable
0 USD
cik0001476204 Salesof Real Estate Assets
SalesofRealEstateAssets
0 USD
cik0001476204 Salesof Real Estate Assets
SalesofRealEstateAssets
0 USD
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2014Q2 cik0001476204 Subordinated Incentive Listing Fee Percentage
SubordinatedIncentiveListingFeePercentage
0.15
CY2014Q2 cik0001476204 Subordinated Participation In Net Sales Proceeds Percentage
SubordinatedParticipationInNetSalesProceedsPercentage
0.15
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
cik0001476204 Writeoffof Deferred Debt Issuance Costand Capitalized Leasing Commissions
WriteoffofDeferredDebtIssuanceCostandCapitalizedLeasingCommissions
0 USD
dei Amendment Flag
AmendmentFlag
false
CY2014Q2 cik0001476204 Shares Owned By Sub Advisor
SharesOwnedBySubAdvisor
176509 shares
CY2013Q4 cik0001476204 Shares Owned By Sub Advisor
SharesOwnedBySubAdvisor
176509 shares
CY2014Q2 cik0001476204 Sub Advisor Interest In Special Limited Partner
SubAdvisorInterestInSpecialLimitedPartner
0.85
CY2014Q2 cik0001476204 Sub Advisor Share Purchase Price
SubAdvisorSharePurchasePrice
9.00
CY2014Q2 cik0001476204 Subordinated Distribution Upon Termination Of Advisor Agreement Percentage
SubordinatedDistributionUponTerminationOfAdvisorAgreementPercentage
0.15
cik0001476204 Subordinated Incentive Fee Earned
SubordinatedIncentiveFeeEarned
0 USD
CY2014Q2 cik0001476204 Subordinated Incentive Fee Earned
SubordinatedIncentiveFeeEarned
0 USD
CY2013Q2 cik0001476204 Subordinated Incentive Fee Earned
SubordinatedIncentiveFeeEarned
0 USD
cik0001476204 Subordinated Incentive Fee Earned
SubordinatedIncentiveFeeEarned
0 USD
CY2014Q2 cik0001476204 Weighted Average Interest Rate For Maturities After Year Five
WeightedAverageInterestRateForMaturitiesAfterYearFive
0.050
CY2014Q2 cik0001476204 Weighted Average Interest Rate For Maturities In Year Five
WeightedAverageInterestRateForMaturitiesInYearFive
0.063
CY2014Q2 cik0001476204 Weighted Average Interest Rate For Maturities In Year Four
WeightedAverageInterestRateForMaturitiesInYearFour
0.037
CY2014Q2 cik0001476204 Weighted Average Interest Rate For Maturities In Year Three
WeightedAverageInterestRateForMaturitiesInYearThree
0.057
CY2014Q2 cik0001476204 Weighted Average Interest Rate For Maturities In Year Two
WeightedAverageInterestRateForMaturitiesInYearTwo
0.052
CY2014Q2 cik0001476204 Weighted Average Interest Ratefor Maturities Remainderof Fiscal Year
WeightedAverageInterestRateforMaturitiesRemainderofFiscalYear
0.056
cik0001476204 Writeoffof Deferred Debt Issuance Costand Capitalized Leasing Commissions
WriteoffofDeferredDebtIssuanceCostandCapitalizedLeasingCommissions
51000 USD
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001476204
CY2014Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
180100822 shares
dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
dei Entity Registrant Name
EntityRegistrantName
Phillips Edison - ARC Shopping Center REIT Inc.

Files In Submission

Name View Source Status
0001476204-14-000022-index-headers.html Edgar Link pending
0001476204-14-000022-index.html Edgar Link pending
0001476204-14-000022.txt Edgar Link pending
0001476204-14-000022-xbrl.zip Edgar Link pending
cik0001476204-20140630.xml Edgar Link completed
cik0001476204-20140630.xsd Edgar Link pending
cik0001476204-20140630_cal.xml Edgar Link unprocessable
cik0001476204-20140630_def.xml Edgar Link unprocessable
cik0001476204-20140630_lab.xml Edgar Link unprocessable
cik0001476204-20140630_pre.xml Edgar Link unprocessable
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xls Edgar Link pending
Financial_Report.xlsx Edgar Link pending
pearc_2014-63014xex101.htm Edgar Link pending
pearc_20140630-10q.htm Edgar Link pending
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