2014 Q4 Form 10-K Financial Statement

#000147620415000003 Filed on March 09, 2015

View on sec.gov

Income Statement

Concept 2014 Q4 2013 Q4 2013 Q3
Revenue $58.59M $26.62M $20.14M
YoY Change 120.11% 275.88% 291.3%
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 $19.23M
YoY Change 245.19%
Operating Profit -$2.764M $910.0K
YoY Change 5115.09% -314.62%
Interest Expense $2.207M
YoY Change 144.68%
% of Operating Profit 242.53%
Other Income/Expense, Net -$32.00K
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$22.48M -$6.155M -$1.408M
YoY Change 265.17% 393.58% 35.91%
Net Earnings / Revenue -38.36% -23.12% -6.99%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 181.7M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2014 Q4 2013 Q4 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $15.65M $460.3M $326.2M
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 $2.151B $1.722B
YoY Change 24.93% 429.03%
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 $59.60M
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 $742.6M $252.0M
YoY Change 194.7% 45.54%
SHAREHOLDERS EQUITY
Retained Earnings -$214.0M -$71.19M
YoY Change 200.56% 507.44%
Common Stock $1.820M $1.756M
YoY Change 3.64% 1172.46%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.355B $1.469B
YoY Change
Total Liabilities & Shareholders Equity $2.151B $1.722B
YoY Change 24.93% 429.03%

Cashflow Statement

Concept 2014 Q4 2013 Q4 2013 Q3
OPERATING ACTIVITIES
Net Income -$22.48M -$6.155M -$1.408M
YoY Change 265.17% 393.58% 35.91%
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
CY2014Q4 cik0001476204 Acquisition Fee Percentage
AcquisitionFeePercentage
0.01
CY2012 cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
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CY2013 cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
10095000 USD
CY2014 cik0001476204 Acquisition Fees Incurred
AcquisitionFeesIncurred
9011000 USD
CY2013Q4 cik0001476204 Acquisition Fees Payable
AcquisitionFeesPayable
0 USD
CY2014Q4 cik0001476204 Acquisition Fees Payable
AcquisitionFeesPayable
0 USD
CY2014Q4 cik0001476204 Advisor Interest In Special Limited Partner
AdvisorInterestInSpecialLimitedPartner
0.15
CY2012 cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
697000 USD
CY2013 cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
999000 USD
CY2014 cik0001476204 Asset Management Fees Incurred
AssetManagementFeesIncurred
27853000 USD
CY2013Q4 cik0001476204 Asset Management Fees Payable
AssetManagementFeesPayable
0 USD
CY2014Q4 cik0001476204 Asset Management Fees Payable
AssetManagementFeesPayable
0 USD
CY2012 cik0001476204 Assumedinterestrateswap
Assumedinterestrateswap
0 USD
CY2013 cik0001476204 Assumedinterestrateswap
Assumedinterestrateswap
0 USD
CY2014 cik0001476204 Assumedinterestrateswap
Assumedinterestrateswap
714000 USD
CY2014 cik0001476204 Cashandcashequivalentsmaximumoriginalmaturity
Cashandcashequivalentsmaximumoriginalmaturity
P3M
CY2012 cik0001476204 Change In Accrued Offering Costs Payable To Sub Advisor
ChangeInAccruedOfferingCostsPayableToSubAdvisor
-4241000 USD
CY2013 cik0001476204 Change In Accrued Offering Costs Payable To Sub Advisor
ChangeInAccruedOfferingCostsPayableToSubAdvisor
-2608000 USD
CY2014 cik0001476204 Change In Accrued Offering Costs Payable To Sub Advisor
ChangeInAccruedOfferingCostsPayableToSubAdvisor
-304000 USD
CY2012 cik0001476204 Change In Distributions Payable
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575000 USD
CY2013 cik0001476204 Change In Distributions Payable
ChangeInDistributionsPayable
9061000 USD
CY2014 cik0001476204 Change In Distributions Payable
ChangeInDistributionsPayable
586000 USD
CY2012 cik0001476204 Class B Distributions
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0 USD
CY2013 cik0001476204 Class B Distributions
ClassBDistributions
154000 USD
CY2014 cik0001476204 Class B Distributions
ClassBDistributions
965000 USD
CY2013Q4 cik0001476204 Class B Distributions Payable
ClassBDistributionsPayable
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CY2014Q4 cik0001476204 Class B Distributions Payable
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CY2014 cik0001476204 Class B Units Issuance Due Date
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CY2014 cik0001476204 Class B Units Issued
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CY2013Q4 cik0001476204 Class B Units Outstanding
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CY2012 cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
41000 USD
CY2013 cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
293000 USD
CY2014 cik0001476204 Construction Management Fees Incurred
ConstructionManagementFeesIncurred
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CY2013Q4 cik0001476204 Construction Management Fees Payable
ConstructionManagementFeesPayable
50000 USD
CY2014Q4 cik0001476204 Construction Management Fees Payable
ConstructionManagementFeesPayable
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CY2014Q4 cik0001476204 Dealer Manager Fee Percentage
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0.03
CY2012 cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
2552000 USD
CY2013 cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
46981000 USD
CY2014 cik0001476204 Dealer Manager Fees Incurred
DealerManagerFeesIncurred
72000 USD
CY2012 cik0001476204 Dealer Manager Fees Reallowed
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CY2013 cik0001476204 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
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CY2014 cik0001476204 Dealer Manager Fees Reallowed
DealerManagerFeesReallowed
29000 USD
CY2014Q4 cik0001476204 Dealer Manager Selling Commission Percentage
DealerManagerSellingCommissionPercentage
0.07
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DealerManagerSellingCommissionsIncurred
7880000 USD
CY2013 cik0001476204 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
100148000 USD
CY2014 cik0001476204 Dealer Manager Selling Commissions Incurred
DealerManagerSellingCommissionsIncurred
157000 USD
CY2012 cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
7880000 USD
CY2013 cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
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CY2014 cik0001476204 Dealer Manager Selling Commissions Reallowed
DealerManagerSellingCommissionsReallowed
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CY2014Q4 cik0001476204 Disposition Fee Percentage
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0.02
CY2012 cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
0 USD
CY2013 cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
0 USD
CY2014 cik0001476204 Disposition Fees Incurred
DispositionFeesIncurred
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CY2013Q4 cik0001476204 Disposition Fees Payable
DispositionFeesPayable
0 USD
CY2014Q4 cik0001476204 Disposition Fees Payable
DispositionFeesPayable
0 USD
CY2013Q4 cik0001476204 Fair Value Inputs Discount Rate Fixed Rate Debt
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CY2014Q4 cik0001476204 Fair Value Inputs Discount Rate Fixed Rate Debt
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0.034
CY2014Q4 cik0001476204 Fair Value Inputs Discount Rate Secured Variable Rate Debt
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0.0248
CY2014Q4 cik0001476204 Fair Value Inputs Discount Rate Unsecured Variable Rate Debt
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0.0193
CY2013 cik0001476204 Fairvalueofassumeddebt
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CY2014 cik0001476204 Fairvalueofassumeddebt
Fairvalueofassumeddebt
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CY2012 cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
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CY2013 cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
5581000 USD
CY2014 cik0001476204 Financing Fees Incurred
FinancingFeesIncurred
4001000 USD
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CY2014Q4 cik0001476204 Financing Fees Payable
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CY2014Q4 cik0001476204 Fixed Rate Debt Not Assumed
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CY2014Q4 cik0001476204 General And Administrative Expenses Payable To Related Parties
GeneralAndAdministrativeExpensesPayableToRelatedParties
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CY2012 cik0001476204 Increase Decreasein Accrued Sharesfor Repurchase
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CY2013 cik0001476204 Increase Decreasein Accrued Sharesfor Repurchase
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CY2014 cik0001476204 Increase Decreasein Accrued Sharesfor Repurchase
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CY2012 cik0001476204 Leasing Commissions Incurred
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CY2013 cik0001476204 Leasing Commissions Incurred
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CY2014 cik0001476204 Leasing Commissions Incurred
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CY2012 cik0001476204 Lineofcreditfacilitygrossborrowings
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CY2013 cik0001476204 Lineofcreditfacilitygrossborrowings
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CY2012 cik0001476204 Lineofcreditfacilitygrosspaydowns
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CY2013 cik0001476204 Lineofcreditfacilitygrosspaydowns
Lineofcreditfacilitygrosspaydowns
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CY2014 cik0001476204 Lineofcreditfacilitygrosspaydowns
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CY2014 cik0001476204 Maxof Offering Proceeds Payableto Advisorand Sub Advisorfor Oo
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0.015
CY2014Q4 cik0001476204 Minimum Percentage Of Shares Owned By Sub Advisor
MinimumPercentageOfSharesOwnedBySubAdvisor
0.001
CY2013 cik0001476204 Noncontrolling Interest Acquisitionof Joint Venture
NoncontrollingInterestAcquisitionofJointVenture
57000000 USD
CY2013Q4 cik0001476204 Numberofrealestatepropertiesownedthroughthe Joint Venture
NumberofrealestatepropertiesownedthroughtheJointVenture
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CY2014 cik0001476204 Offering Costs Paidby Sub Advisor Maximum Reimbursement Percentage
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0.015
CY2014Q4 cik0001476204 Operating Partnership Return For Class B To Vest
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0.06
CY2013 cik0001476204 Ordinary Income Percentageof Distributions
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CY2014 cik0001476204 Ordinary Income Percentageof Distributions
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CY2013Q4 cik0001476204 Organization And Offering Costs Charged By Advisor And Sub Advisor
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CY2014Q4 cik0001476204 Organization And Offering Costs Charged By Advisor And Sub Advisor
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CY2014Q4 cik0001476204 Organization And Offering Costs Payable To Advisor And Sub Advisor
OrganizationAndOfferingCostsPayableToAdvisorAndSubAdvisor
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CY2013Q4 cik0001476204 Organization And Offering Costs Reimbursed To Advisor And Sub Advisor
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CY2014Q4 cik0001476204 Organization And Offering Costs Reimbursed To Advisor And Sub Advisor
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CY2014Q4 cik0001476204 Organizationand Offering Costs Maximum Percentageof Gross Proceeds
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0.15
CY2013Q4 cik0001476204 Other Fees And Reimbursements Payable To Property Manager
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89000 USD
CY2014Q4 cik0001476204 Other Fees And Reimbursements Payable To Property Manager
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0 USD
CY2012 cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
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CY2013 cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
684000 USD
CY2014 cik0001476204 Other Property Manager Fees And Reimbursements Incurred
OtherPropertyManagerFeesAndReimbursementsIncurred
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CY2014Q4 cik0001476204 Partially Owned Entity General Ownership Interest For Consolidation
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0.5
CY2014 cik0001476204 Percentage Of Dealer Manager Selling Commissions Typically Reallowed
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1
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PercentageOfSharesOwnedBySubAdvisor
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CY2013 cik0001476204 Properties Acquiredwith Assumed Debt
PropertiesAcquiredwithAssumedDebt
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CY2014 cik0001476204 Properties Acquiredwith Assumed Debt
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PropertyManagementFeesIncurred
756000 USD
CY2013 cik0001476204 Property Management Fees Incurred
PropertyManagementFeesIncurred
3011000 USD
CY2014 cik0001476204 Property Management Fees Incurred
PropertyManagementFeesIncurred
7245000 USD
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CY2014Q4 cik0001476204 Property Management Fees Payable
PropertyManagementFeesPayable
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CY2014Q4 cik0001476204 Property Management Oversight Fee Percent
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PropertyManagerFeesAndReimbursementsIncurred
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CY2013 cik0001476204 Property Manager Fees And Reimbursements Incurred
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CY2014 cik0001476204 Property Manager Fees And Reimbursements Incurred
PropertyManagerFeesAndReimbursementsIncurred
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CY2013Q4 cik0001476204 Property Manager Fees And Reimbursements Payable
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637000 USD
CY2014Q4 cik0001476204 Property Manager Fees And Reimbursements Payable
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CY2012 cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
0 USD
CY2013 cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
0 USD
CY2014 cik0001476204 Related Party Transaction Acquisition Expense Incurred
RelatedPartyTransactionAcquisitionExpenseIncurred
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CY2013Q4 cik0001476204 Related Party Transaction Acquisition Expense Payable
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CY2014Q4 cik0001476204 Related Party Transaction Acquisition Expense Payable
RelatedPartyTransactionAcquisitionExpensePayable
0 USD
CY2013 cik0001476204 Returnof Capital Percentageof Distributions
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0.6905
CY2014 cik0001476204 Returnof Capital Percentageof Distributions
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0.8338
CY2014Q4 cik0001476204 Shares Owned By Sub Advisor
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CY2014Q4 cik0001476204 Stockrepurchaseprogramnumberofsharesauthorizedtoberepurchasedpercentageofweightedaverageshares
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CY2014Q4 cik0001476204 Sub Advisor Share Purchase Price
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0.15
CY2014Q4 cik0001476204 Subordinated Incentive Listing Fee Percentage
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0.15
CY2014Q4 cik0001476204 Subordinated Participation In Net Sales Proceeds Percentage
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0.15
CY2012 cik0001476204 Vestingof Class Bunitsforassetmanagementfees
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CY2014Q4 cik0001476204 Weighted Average Interest Rate For Maturities After Year Five
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CY2014Q4 cik0001476204 Weighted Average Interest Rate For Maturities In Year Five
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CY2014Q4 cik0001476204 Weighted Average Interest Rate For Maturities In Year Four
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CY2014Q4 cik0001476204 Weighted Average Interest Rate For Maturities In Year One
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CY2014Q4 cik0001476204 Weighted Average Interest Rate For Maturities In Year Three
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0.020
CY2014Q4 cik0001476204 Weighted Average Interest Rate For Maturities In Year Two
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CY2014 dei Amendment Flag
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false
CY2014 dei Current Fiscal Year End Date
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CY2014 dei Document Fiscal Period Focus
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FY
CY2014 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
CY2014 dei Document Period End Date
DocumentPeriodEndDate
2014-12-31
CY2014 dei Document Type
DocumentType
10-K
CY2014 dei Entity Central Index Key
EntityCentralIndexKey
0001476204
CY2015Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
182900000 shares
CY2014 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2014 dei Entity Filer Category
EntityFilerCategory
Smaller Reporting Company
CY2014Q2 dei Entity Public Float
EntityPublicFloat
1740000000 USD
CY2014 dei Entity Registrant Name
EntityRegistrantName
Phillips Edison Grocery Center REIT I, Inc.
CY2014 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2014 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2013Q4 us-gaap Accounts Payable And Other Accrued Liabilities
AccountsPayableAndOtherAccruedLiabilities
29604000 USD
CY2014Q4 us-gaap Accounts Payable And Other Accrued Liabilities
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CY2013Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
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CY2014Q4 us-gaap Accounts Payable Related Parties Current And Noncurrent
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CY2013Q4 us-gaap Accumulated Amortization Deferred Finance Costs
AccumulatedAmortizationDeferredFinanceCosts
1715000 USD
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5107000 USD
CY2013Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
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690000 USD
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AccumulatedOtherComprehensiveIncomeLossNetOfTax
0 USD
CY2013Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1538185000 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
1567653000 USD
CY2012 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
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10402000 USD
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AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
166150000 USD
CY2014 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1158000 USD
CY2013Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
200000 USD
CY2014Q4 us-gaap Allowance For Doubtful Accounts Premiums And Other Receivables
AllowanceForDoubtfulAccountsPremiumsAndOtherReceivables
1200000 USD
CY2012 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
395000 USD
CY2013 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
536000 USD
CY2014 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
85000 USD
CY2012 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
650000 USD
CY2013 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
1897000 USD
CY2014 us-gaap Amortization Of Below Market Lease
AmortizationOfBelowMarketLease
4911000 USD
CY2013 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
1200000 USD
CY2014 us-gaap Amortization Of Debt Discount Premium
AmortizationOfDebtDiscountPremium
2500000 USD
CY2012 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
648000 USD
CY2013 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1932000 USD
CY2014 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
3861000 USD
CY2012 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
3037000 USD
CY2013 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10487000 USD
CY2014 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
29693000 USD
CY2013Q4 us-gaap Assets
Assets
1721527000 USD
CY2014Q4 us-gaap Assets
Assets
2150769000 USD
CY2013Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
2708000 USD
CY2014Q4 us-gaap Below Market Lease Accumulated Amortization
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7619000 USD
CY2014Q4 us-gaap Below Market Lease Amortization Income After Year Five
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17947000 USD
CY2014Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
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6423000 USD
CY2014Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
3216000 USD
CY2014Q4 us-gaap Below Market Lease Amortization Income Year Four
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3950000 USD
CY2013Q4 us-gaap Cash And Cash Equivalents At Carrying Value
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460250000 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
15649000 USD
CY2012 us-gaap Cash And Cash Equivalents Period Increase Decrease
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685000 USD
CY2014Q4 us-gaap Below Market Lease Amortization Income Year Three
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4993000 USD
CY2014Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
5925000 USD
CY2014Q4 us-gaap Below Market Lease Net
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42454000 USD
CY2012 us-gaap Business Combination Acquisition Related Costs
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3981000 USD
CY2013 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
18772000 USD
CY2013 us-gaap Cash And Cash Equivalents Period Increase Decrease
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452596000 USD
CY2014 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-444601000 USD
CY2013Q4 us-gaap Commitments And Contingencies
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0 USD
CY2014Q4 us-gaap Commitments And Contingencies
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0 USD
CY2012 us-gaap Common Stock Dividends Per Share Declared
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0.65
CY2013 us-gaap Common Stock Dividends Per Share Declared
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0.67
CY2014 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
17430000 USD
CY2013 us-gaap Business Combination Consideration Transferred Liabilities Incurred
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153784000 USD
CY2014 us-gaap Business Combination Consideration Transferred Liabilities Incurred
BusinessCombinationConsiderationTransferredLiabilitiesIncurred
183506000 USD
CY2013Q4 us-gaap Business Combination Step Acquisition Equity Interest In Acquiree Percentage
BusinessCombinationStepAcquisitionEquityInterestInAcquireePercentage
0.46
CY2012 us-gaap Capital Expenditures Incurred But Not Yet Paid
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363000 USD
CY2013 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
2209000 USD
CY2014 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
3148000 USD
CY2011Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6969000 USD
CY2012Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
7654000 USD
CY2014 us-gaap Common Stock Dividends Per Share Declared
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0.67
CY2013Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Common Stock Shares Authorized
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1000000000 shares
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
1000000000 shares
CY2014Q4 us-gaap Common Stock Shares Issued
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182600000 shares
CY2013Q4 us-gaap Common Stock Shares Outstanding
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175595000 shares
CY2014Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
182131000 shares
CY2013Q4 us-gaap Common Stock Value
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1756000 USD
CY2014Q4 us-gaap Common Stock Value
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1820000 USD
CY2014Q4 us-gaap Common Stocks Including Additional Paid In Capital
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1800000000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax
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-3346000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax
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-11714000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax
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-23325000 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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-927000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
54000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
0 USD
CY2012 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-4273000 USD
CY2013 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-11660000 USD
CY2014 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-23325000 USD
CY2014Q4 us-gaap Debt Instrument Carrying Amount
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642622000 USD
CY2014 us-gaap Debt Instrument Interest Rate During Period
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0.0522
CY2013Q4 us-gaap Deferred Finance Costs Net
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10091000 USD
CY2014Q4 us-gaap Deferred Finance Costs Net
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13727000 USD
CY2012 us-gaap Depreciation And Amortization
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8094000 USD
CY2013 us-gaap Depreciation And Amortization
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30512000 USD
CY2014 us-gaap Depreciation And Amortization
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79160000 USD
CY2012 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
7850000 USD
CY2013 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
29242000 USD
CY2014 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
76554000 USD
CY2013Q4 us-gaap Derivative Amount Of Hedged Item
DerivativeAmountOfHedgedItem
50000000 USD
CY2013Q4 us-gaap Derivative Asset Notional Amount
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50000000 USD
CY2014Q4 us-gaap Derivative Asset Notional Amount
DerivativeAssetNotionalAmount
11600000 USD
CY2012 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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2957000 USD
CY2013 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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11896000 USD
CY2014 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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32919000 USD
CY2012 us-gaap Dividends Common Stock Cash
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4248000 USD
CY2013 us-gaap Dividends Common Stock Cash
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47068000 USD
CY2014 us-gaap Dividends Common Stock Cash
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120148000 USD
CY2012 us-gaap Earnings Per Share Basic And Diluted
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-0.51
CY2013Q1 us-gaap Earnings Per Share Basic And Diluted
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0.16
CY2013Q2 us-gaap Earnings Per Share Basic And Diluted
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0.05
CY2013Q3 us-gaap Earnings Per Share Basic And Diluted
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0.02
CY2013Q4 us-gaap Earnings Per Share Basic And Diluted
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0.05
CY2013 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.18
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
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0.00
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
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0.01
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
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-0.01
CY2014Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.13
CY2014 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2013Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
14330000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
43915000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
122060000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
220601000 USD
CY2013Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
107730000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
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176686000 USD
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12000 USD
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0 USD
CY2013 us-gaap Gain Loss On Sale Of Other Assets
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-1177000 USD
CY2014 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-112000 USD
CY2012 us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
CY2013 us-gaap Gain Loss On Sale Of Property Plant Equipment
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0 USD
CY2013 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4346000 USD
CY2014 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
8632000 USD
CY2012 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1717000 USD
CY2014 us-gaap Gain Loss On Sale Of Property Plant Equipment
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-23000 USD
CY2012 us-gaap Impairment Of Real Estate
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0 USD
CY2013 us-gaap Impairment Of Real Estate
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0 USD
CY2014 us-gaap Impairment Of Real Estate
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0 USD
CY2012 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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3131000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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13015000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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11409000 USD
CY2012 us-gaap Increase Decrease In Accounts Payable Related Parties
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-539000 USD
CY2013 us-gaap Increase Decrease In Accounts Payable Related Parties
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106000 USD
CY2014 us-gaap Increase Decrease In Accounts Payable Related Parties
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147000 USD
CY2012 us-gaap Increase Decrease In Other Operating Assets
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2739000 USD
CY2013 us-gaap Increase Decrease In Other Operating Assets
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12995000 USD
CY2014 us-gaap Increase Decrease In Other Operating Assets
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16889000 USD
CY2012 us-gaap Increase Decrease In Restricted Cash
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839000 USD
CY2013 us-gaap Increase Decrease In Restricted Cash
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8806000 USD
CY2014 us-gaap Increase Decrease In Restricted Cash
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CY2012 us-gaap Interest Expense
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3020000 USD
CY2013 us-gaap Interest Expense
InterestExpense
10511000 USD
CY2014 us-gaap Interest Expense
InterestExpense
20360000 USD
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2346000 USD
CY2013 us-gaap Interest Paid Net
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7915000 USD
CY2014 us-gaap Interest Paid Net
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17808000 USD
CY2013Q4 us-gaap Investment Building And Building Improvements
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738374000 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
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1305345000 USD
CY2013Q4 us-gaap Land And Land Improvements
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397700000 USD
CY2014Q4 us-gaap Land And Land Improvements
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675289000 USD
CY2013Q4 us-gaap Liabilities
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251995000 USD
CY2014Q4 us-gaap Liabilities
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742629000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
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1721527000 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
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2150769000 USD
CY2012 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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CY2013 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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36709000 USD
CY2014 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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CY2013 us-gaap Line Of Credit Facility Interest Rate During Period
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0.021
CY2012 us-gaap Loans Assumed1
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40101000 USD
CY2013 us-gaap Loans Assumed1
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157898000 USD
CY2014 us-gaap Loans Assumed1
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189006000 USD
CY2013Q4 us-gaap Loans Payable Fair Value Disclosure
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201450000 USD
CY2014Q4 us-gaap Loans Payable Fair Value Disclosure
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665982000 USD
CY2014Q4 us-gaap Long Term Debt Current
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59600000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
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107887000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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4206000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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20857000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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338990000 USD
CY2014Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
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104797000 USD
CY2013Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.056
CY2014Q4 us-gaap Longterm Debt Weighted Average Interest Rate
LongtermDebtWeightedAverageInterestRate
0.037
CY2013Q4 us-gaap Minority Interest
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93000 USD
CY2014Q4 us-gaap Minority Interest
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22764000 USD
CY2012 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2322000 USD
CY2013 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5231000 USD
CY2014 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1135000 USD
CY2011Q3 us-gaap Minority Interest Ownership Percentage By Parent
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0.54
CY2012 us-gaap Net Cash Provided By Used In Financing Activities
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195130000 USD
CY2013 us-gaap Net Cash Provided By Used In Financing Activities
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1210275000 USD
CY2014 us-gaap Net Cash Provided By Used In Financing Activities
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195500000 USD
CY2012 us-gaap Net Cash Provided By Used In Investing Activities
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CY2013 us-gaap Net Cash Provided By Used In Investing Activities
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CY2014 us-gaap Net Cash Provided By Used In Investing Activities
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CY2012 us-gaap Net Cash Provided By Used In Operating Activities
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4033000 USD
CY2013 us-gaap Net Cash Provided By Used In Operating Activities
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18540000 USD
CY2014 us-gaap Net Cash Provided By Used In Operating Activities
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75671000 USD
CY2012 us-gaap Net Income Loss
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-3346000 USD
CY2013Q1 us-gaap Net Income Loss
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CY2013Q2 us-gaap Net Income Loss
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CY2013Q4 us-gaap Net Income Loss
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CY2013 us-gaap Net Income Loss
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CY2014Q1 us-gaap Net Income Loss
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CY2014Q2 us-gaap Net Income Loss
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CY2014Q3 us-gaap Net Income Loss
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2143000 USD
CY2014Q4 us-gaap Net Income Loss
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CY2014 us-gaap Net Income Loss
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CY2012 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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CY2013 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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54000 USD
CY2014 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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0 USD
CY2012 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
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35560000 USD
CY2013Q4 us-gaap Notes Payable
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200872000 USD
CY2014Q4 us-gaap Notes Payable
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650462000 USD
CY2013Q4 us-gaap Number Of Interest Rate Derivatives Held
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1
CY2014Q4 us-gaap Number Of Interest Rate Derivatives Held
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1
CY2014Q4 us-gaap Number Of Real Estate Properties
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138 Properties
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20387000 USD
CY2014Q4 us-gaap Off Market Lease Unfavorable
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42454000 USD
CY2012 us-gaap Operating Expenses
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18804000 USD
CY2013 us-gaap Operating Expenses
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75184000 USD
CY2014 us-gaap Operating Expenses
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191256000 USD
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CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
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163969000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
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94625000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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116821000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
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134588000 USD
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
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150654000 USD
CY2014Q4 us-gaap Preferred Stock Shares Issued
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0 shares
CY2013Q4 us-gaap Preferred Stock Shares Outstanding
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0 shares
CY2014Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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419014000 USD
CY2012 us-gaap Operating Leases Income Statement Lease Revenue
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13828000 USD
CY2013 us-gaap Operating Leases Income Statement Lease Revenue
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56898000 USD
CY2014 us-gaap Operating Leases Income Statement Lease Revenue
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142216000 USD
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27061000 USD
CY2014Q4 us-gaap Other Assets Miscellaneous
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40320000 USD
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0 USD
CY2013 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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690000 USD
CY2014 us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
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-690000 USD
CY2013 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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690000 USD
CY2014 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
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-690000 USD
CY2012 us-gaap Other Nonoperating Income
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1000 USD
CY2013 us-gaap Other Nonoperating Income
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180000 USD
CY2014 us-gaap Other Nonoperating Income
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766000 USD
CY2012 us-gaap Other Real Estate Revenue
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87000 USD
CY2013 us-gaap Other Real Estate Revenue
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219000 USD
CY2014 us-gaap Other Real Estate Revenue
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1006000 USD
CY2012 us-gaap Payments For Repurchase Of Common Stock
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35000 USD
CY2013 us-gaap Payments For Repurchase Of Common Stock
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849000 USD
CY2014 us-gaap Payments For Repurchase Of Common Stock
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3323000 USD
CY2012 us-gaap Payments Of Dividends Common Stock
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2349000 USD
CY2013 us-gaap Payments Of Dividends Common Stock
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19301000 USD
CY2014 us-gaap Payments Of Dividends Common Stock
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56612000 USD
CY2012 us-gaap Payments Of Dividends Minority Interest
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2406000 USD
CY2013 us-gaap Payments Of Dividends Minority Interest
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5231000 USD
CY2014 us-gaap Payments Of Dividends Minority Interest
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1135000 USD
CY2012 us-gaap Payments Of Loan Costs
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2832000 USD
CY2013 us-gaap Payments Of Loan Costs
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10377000 USD
CY2014 us-gaap Payments Of Loan Costs
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7566000 USD
CY2012 us-gaap Payments Of Stock Issuance Costs
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14643000 USD
CY2013 us-gaap Payments Of Stock Issuance Costs
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168758000 USD
CY2014 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1462000 USD
CY2012 us-gaap Payments To Acquire Commercial Real Estate
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196934000 USD
CY2013 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
761000000 USD
CY2014 us-gaap Payments To Acquire Commercial Real Estate
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710799000 USD
CY2012 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
CY2013 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
57000000 USD
CY2014 us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
CY2012 us-gaap Payments To Develop Real Estate Assets
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705000 USD
CY2013 us-gaap Payments To Develop Real Estate Assets
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6413000 USD
CY2014 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
15805000 USD
CY2013Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q4 us-gaap Preferred Stock Shares Authorized
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10000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2013Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2012 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 USD
CY2013 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
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CY2014 us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
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ProceedsFromIssuanceOfCommonStock
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CY2014 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
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ProceedsFromIssuanceOfLongTermDebt
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CY2013 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2014 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2012 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
35560000 USD
CY2013 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2014 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2012 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2013 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2014 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
7256000 USD
CY2012 us-gaap Profit Loss
ProfitLoss
-4273000 USD
CY2013 us-gaap Profit Loss
ProfitLoss
-12350000 USD
CY2014 us-gaap Profit Loss
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-22635000 USD
us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.04
us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.045
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RealEstateAccumulatedDepreciation
7317000 USD
CY2013Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
29538000 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
83050000 USD
CY2013 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
0 USD
CY2014 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
145000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
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350922000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
1305345000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
675289000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
25216000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
1286670000 USD
CY2014Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
668748000 USD
CY2013 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
0 USD
CY2014 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
6589000 USD
CY2012Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
291175000 USD
CY2013Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1136074000 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
1980634000 USD
CY2013 us-gaap Real Estate Improvements
RealEstateImprovements
7018000 USD
CY2014 us-gaap Real Estate Improvements
RealEstateImprovements
17080000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
43868000 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
126965000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
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1258134000 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2201235000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1214266000 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2074270000 USD
CY2013 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
837881000 USD
CY2014 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
834069000 USD
CY2012 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
2055000 USD
CY2013 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
9658000 USD
CY2014 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
25262000 USD
CY2012 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
140150000 USD
CY2013 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
78089000 USD
CY2014 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
28636000 USD
CY2013Q4 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
9859000 USD
CY2014Q4 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
6803000 USD
CY2013Q4 us-gaap Retained Earnings Accumulated Deficit
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-71192000 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-213975000 USD
CY2012 us-gaap Revenues
Revenues
17550000 USD
CY2013 us-gaap Revenues
Revenues
73165000 USD
CY2014 us-gaap Revenues
Revenues
188215000 USD
CY2013 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
22221000 USD
CY2014 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
53657000 USD
CY2013Q1 us-gaap Sales Revenue Net
SalesRevenueNet
11237000 USD
CY2013Q2 us-gaap Sales Revenue Net
SalesRevenueNet
15164000 USD
CY2013Q3 us-gaap Sales Revenue Net
SalesRevenueNet
20144000 USD
CY2013Q4 us-gaap Sales Revenue Net
SalesRevenueNet
26620000 USD
CY2014Q1 us-gaap Sales Revenue Net
SalesRevenueNet
35677000 USD
CY2014Q2 us-gaap Sales Revenue Net
SalesRevenueNet
43914000 USD
CY2014Q3 us-gaap Sales Revenue Net
SalesRevenueNet
50031000 USD
CY2014Q4 us-gaap Sales Revenue Net
SalesRevenueNet
58593000 USD
CY2012 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
1324000 USD
CY2013 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
18706000 USD
CY2014 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
62950000 USD
CY2014 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
23806000 USD
CY2012 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
109482000 USD
CY2013 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1586589000 USD
CY2014 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
2534000 USD
CY2012 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
35000 USD
CY2013 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
925000 USD
CY2014 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
4916000 USD
CY2013Q4 us-gaap Stockholders Equity
StockholdersEquity
1469439000 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
1355498000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
27185000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
152271000 USD
CY2013Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1469532000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1378262000 USD
CY2012 us-gaap Straight Line Rent
StraightLineRent
440000 USD
CY2013 us-gaap Straight Line Rent
StraightLineRent
1995000 USD
CY2014 us-gaap Straight Line Rent
StraightLineRent
4303000 USD
CY2014 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
-29878000 USD
CY2013Q4 us-gaap Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
0 USD
CY2014Q4 us-gaap Temporary Equity Redemption Value
TemporaryEquityRedemptionValue
29878000 USD
CY2014Q4 us-gaap Temporary Equity Shares Issued
TemporaryEquitySharesIssued
3000000 shares
CY2012 us-gaap Tenant Reimbursements
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3635000 USD
CY2013 us-gaap Tenant Reimbursements
TenantReimbursements
16048000 USD
CY2014 us-gaap Tenant Reimbursements
TenantReimbursements
44993000 USD
CY2012 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
CY2013 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
128000 USD
CY2014 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
546000 USD
CY2012 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
6509000 shares
CY2013 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
70227000 shares
CY2014 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
179280000 shares
CY2014 us-gaap Common Stock Voting Rights
CommonStockVotingRights
<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;">The holders 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.</font></div></div>
CY2014 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font><font style="font-family:inherit;font-size:10pt;">&#8212;The following line items on our consolidated balance sheet as of December 31, 2013 were reclassified to conform to the current year presentation:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Land improvements were reclassified from building and improvements to the same balance sheet caption as land, changing the current year presentation of this balance sheet caption to land and improvements;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Acquired intangible lease assets and the related accumulated amortization were reclassified to be included in the subtotal for total investment in real estate assets, net;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts receivable, net of bad debt reserve, prepaid expenses and other, and the derivative asset were each reclassified from their own respective line items to other assets, net; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Accounts payable and accrued and other liabilities were each reclassified from their own respective line items to accounts payable and other liabilities.</font></div></td></tr></table><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The following line items on our consolidated statements of cash flows for the years ended December 31, 2013 and 2012 were reclassified to conform to the current year presentation:</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The change in accounts receivable and the change in prepaid expenses and other were reclassified to the change in other assets;</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The change in accounts payable and the change in accrued and other liabilities were reclassified to the change in accounts payable and other liabilities; and</font></div></td></tr></table><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman; font-size:10pt;"><tr><td style="width:48px;" rowspan="1" colspan="1"></td><td rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:top" rowspan="1" colspan="1"><div style="line-height:120%;font-size:10pt;padding-left:24px;"><font style="font-family:inherit;font-size:10pt;">&#8226;</font></div></td><td style="vertical-align:top;" rowspan="1" colspan="1"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Borrowings and repayments on our unsecured credit facility were reclassified from proceeds on mortgages and loans payable and payments on mortgages and loans payable, respectively, to the net change in credit facility borrowings.</font></div></td></tr></table></div>
CY2014 us-gaap Use Of Estimates
UseOfEstimates
<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;">Use of Estimates</font><font style="font-family:inherit;font-size:10pt;">&#8212;The preparation of the consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (&#8220;GAAP&#8221;) requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting periods. For example, significant estimates and assumptions have been made with respect to the useful lives of assets; recoverable amounts of receivables; initial valuations of tangible and intangible assets and liabilities and related amortization periods of deferred costs and intangibles, particularly with respect to property acquisitions, the valuation and nature of derivatives and their effectiveness as hedges; and other fair value measurement assessments required for the preparation of the consolidated financial statements. Actual results could differ from those estimates.</font></div></div>

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