2017 Form 10-K Financial Statement

#000147620418000010 Filed on March 30, 2018

View on sec.gov

Income Statement

Concept 2017 2016 Q4 2016 Q3
Revenue $311.5M $66.33M $65.27M
YoY Change 20.88% 6.74% 5.58%
Cost Of Revenue $97.28M $20.80M $19.10M
YoY Change 23.9% 8.9% -2.05%
Gross Profit $214.3M $45.50M $46.10M
YoY Change 19.56% 5.57% 8.98%
Gross Profit Margin 68.77% 68.6% 70.63%
Selling, General & Admin $60.39M $8.100M $7.700M
YoY Change 89.87% 0.0% 165.52%
% of Gross Profit 28.18% 17.8% 16.7%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $127.2M $27.00M $26.00M
YoY Change 23.12% 8.43% 4.0%
% of Gross Profit 59.35% 59.34% 56.4%
Operating Expenses $294.3M $35.90M $54.31M
YoY Change 32.45% 6.21% 10.83%
Operating Profit -$80.06M $9.600M -$8.209M
YoY Change 86.15% 3.23% 22.52%
Interest Expense $45.66M -$8.600M $8.504M
YoY Change 40.68% -15.69% 8.77%
% of Operating Profit -89.58%
Other Income/Expense, Net $673.0K $6.100M $33.00K
YoY Change -46.5% 6000.0% -86.36%
Pretax Income -$41.72M $3.700M $2.500M
YoY Change -561.33% -268.18% -51.92%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0% 0.0%
Net Earnings -$38.39M $3.689M $2.464M
YoY Change -529.81% -270.47% -52.46%
Net Earnings / Revenue -12.32% 5.56% 3.78%
Basic Earnings Per Share
Diluted Earnings Per Share -$626.7K $0.06 $0.04
COMMON SHARES
Basic Shares Outstanding 183.8M shares 184.3M shares 184.6M shares
Diluted Shares Outstanding 196.5M shares 187.4M shares

Balance Sheet

Concept 2017 2016 Q4 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.716M $8.200M $21.40M
YoY Change -30.5% -79.85% 8.08%
Cash & Equivalents $5.716M $8.224M $21.36M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses $2.986M
Receivables $6.102M
Other Receivables $0.00
Total Short-Term Assets $11.82M $8.200M $21.40M
YoY Change 43.7% -79.85% 8.08%
LONG-TERM ASSETS
Property, Plant & Equipment $3.290B $2.250B $2.191B
YoY Change 46.24% 6.22% 2.74%
Goodwill $0.00
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $21.73M $41.70M $6.400M
YoY Change -47.92% 107.46% -73.88%
Total Long-Term Assets $3.514B $2.372B $2.263B
YoY Change 48.16% 8.53% 2.67%
TOTAL ASSETS
Total Short-Term Assets $11.82M $8.200M $21.40M
Total Long-Term Assets $3.514B $2.372B $2.263B
Total Assets $3.526B $2.380B $2.285B
YoY Change 48.14% 6.91% 2.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $149.7M $56.00M $62.70M
YoY Change 167.59% 14.99% 16.54%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $61.57M $0.00 $0.00
YoY Change -65.21%
Long-Term Debt Due $8.142M
YoY Change -80.24%
Total Short-Term Liabilities $219.4M $56.00M $62.70M
YoY Change -19.95% 14.99% 16.54%
LONG-TERM LIABILITIES
Long-Term Debt $1.737B $1.056B $946.0M
YoY Change 107.32% 23.66% 21.1%
Other Long-Term Liabilities $90.69M $43.30M $41.60M
YoY Change 109.46% 7.71% -0.72%
Total Long-Term Liabilities $1.828B $1.100B $987.6M
YoY Change 107.42% 22.95% 19.99%
TOTAL LIABILITIES
Total Short-Term Liabilities $219.4M $56.00M $62.70M
Total Long-Term Liabilities $1.828B $1.100B $987.6M
Total Liabilities $2.480B $1.155B $1.050B
YoY Change 110.37% 23.64% 19.78%
SHAREHOLDERS EQUITY
Retained Earnings -$438.2M -$410.6M
YoY Change 35.33% 41.22%
Common Stock $1.851M $1.850M
YoY Change 2.1% -0.27%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.046B $1.201B $1.210B
YoY Change
Total Liabilities & Shareholders Equity $3.526B $2.380B $2.285B
YoY Change 48.14% 6.91% 2.72%

Cashflow Statement

Concept 2017 2016 Q4 2016 Q3
OPERATING ACTIVITIES
Net Income -$38.39M $3.689M $2.464M
YoY Change -529.81% -270.47% -52.46%
Depreciation, Depletion And Amortization $127.2M $27.00M $26.00M
YoY Change 23.12% 8.43% 4.0%
Cash From Operating Activities $108.9M $17.90M $28.20M
YoY Change 5.61% 16.99% 2.92%
INVESTING ACTIVITIES
Capital Expenditures -$488.4M $9.200M $6.600M
YoY Change 1770.03% 31.43% 17.86%
Acquisitions $446.2M
YoY Change
Other Investing Activities $0.00 -$33.30M -$37.20M
YoY Change 3600.0% -2580.0%
Cash From Investing Activities -$640.7M -$42.50M -$43.80M
YoY Change 234.89% 437.97% 968.29%
FINANCING ACTIVITIES
Cash Dividend Paid $38.68M
YoY Change 14.77%
Common Stock Issuance & Retirement, Net $46.54M
YoY Change 129.24%
Debt Paid & Issued, Net $83.39M
YoY Change -24.79%
Cash From Financing Activities $509.4M 46.40M 30.50M
YoY Change 461.7% 243.7% -183.79%
NET CHANGE
Cash From Operating Activities $108.9M 17.90M 28.20M
Cash From Investing Activities -$640.7M -42.50M -43.80M
Cash From Financing Activities $509.4M 46.40M 30.50M
Net Change In Cash -$22.50M 21.80M 14.90M
YoY Change -1024.83% 4.31% -213.74%
FREE CASH FLOW
Cash From Operating Activities $108.9M $17.90M $28.20M
Capital Expenditures -$488.4M $9.200M $6.600M
Free Cash Flow $597.3M $8.700M $21.60M
YoY Change 362.3% 4.82% -0.92%

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5716000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
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25031000 USD
CY2016 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
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CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
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CY2016Q4 us-gaap Commitments And Contingencies
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0 USD
CY2017Q4 us-gaap Commitments And Contingencies
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0 USD
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0.67
CY2016 us-gaap Common Stock Dividends Per Share Declared
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0.67
CY2017 us-gaap Common Stock Dividends Per Share Declared
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0.67
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0.01
CY2017Q4 us-gaap Common Stock Par Or Stated Value Per Share
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0.01
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1000000000 shares
CY2017Q4 us-gaap Common Stock Shares Authorized
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1000000000 shares
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185062000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
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185233000 shares
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1851000 USD
CY2017Q4 us-gaap Common Stock Value
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1852000 USD
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The holders of common stock are entitled to one vote per share on all matters voted on by stockholders, including election of the Board. Our charter does not provide for cumulative voting in the election of directors.
CY2015 us-gaap Comprehensive Income Net Of Tax
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13382000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
19497000 USD
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ComprehensiveIncomeNetOfTax
-33811000 USD
CY2015 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
201000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
111000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
-3327000 USD
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13583000 USD
CY2016 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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19608000 USD
CY2017 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
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-37138000 USD
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1060690000 USD
CY2017Q4 us-gaap Debt Instrument Carrying Amount
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1817786000 USD
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4490000 USD
CY2017Q4 us-gaap Debt Instrument Unamortized Discount Premium Net
DebtInstrumentUnamortizedDiscountPremiumNet
5254000 USD
CY2016Q4 us-gaap Deferred Costs Leasing Gross
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21092000 USD
CY2017Q4 us-gaap Deferred Costs Leasing Gross
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29055000 USD
CY2016Q4 us-gaap Deferred Finance Costs Gross
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8940000 USD
CY2017Q4 us-gaap Deferred Finance Costs Gross
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13971000 USD
CY2016Q4 us-gaap Deferred Rent Receivables Net
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14483000 USD
CY2017Q4 us-gaap Deferred Rent Receivables Net
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18201000 USD
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5049000 USD
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0 USD
CY2017Q4 us-gaap Deferred Tax Assets Net
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1772000 USD
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106000 USD
CY2017Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Accrued Liabilities
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4276000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Gross Current
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1772000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Prepaid Expenses
DeferredTaxLiabilitiesPrepaidExpenses
134000 USD
CY2017Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
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1638000 USD
CY2017 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
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154000 USD
CY2015 us-gaap Depreciation And Amortization
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101479000 USD
CY2016 us-gaap Depreciation And Amortization
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106095000 USD
CY2017 us-gaap Depreciation And Amortization
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130671000 USD
CY2015 us-gaap Depreciation Depletion And Amortization
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98367000 USD
CY2016 us-gaap Depreciation Depletion And Amortization
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103282000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
126043000 USD
CY2016Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
11916000 USD
CY2017Q4 us-gaap Derivative Instruments And Hedges
DerivativeInstrumentsAndHedges
16496000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-3150000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-3586000 USD
CY2017 us-gaap Derivative Instruments Gain Loss Reclassified From Accumulated Oci Into Income Effective Portion Net
DerivativeInstrumentsGainLossReclassifiedFromAccumulatedOCIIntoIncomeEffectivePortionNet
-1810000 USD
CY2015 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
-3128000 USD
CY2016 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
6979000 USD
CY2017 us-gaap Derivative Instruments Gain Loss Recognized In Other Comprehensive Income Effective Portion Net
DerivativeInstrumentsGainLossRecognizedInOtherComprehensiveIncomeEffectivePortionNet
2770000 USD
CY2015 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
38399000 USD
CY2016 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
41890000 USD
CY2017 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
53824000 USD
CY2015 us-gaap Distributed Earnings
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123119000 USD
CY2016 us-gaap Distributed Earnings
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123004000 USD
CY2017 us-gaap Distributed Earnings
DistributedEarnings
123100000 USD
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123146000 USD
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123326000 USD
CY2017 us-gaap Dividends Common Stock Cash
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123363000 USD
CY2016Q4 us-gaap Due To Affiliate Current And Noncurrent
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4571000 USD
CY2017Q4 us-gaap Due To Affiliate Current And Noncurrent
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1359000 USD
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EarningsPerShareBasicAndDiluted
0.07
CY2016Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2016Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.00
CY2016Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
CY2016Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.02
CY2016 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.05
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EarningsPerShareBasicAndDiluted
-0.04
CY2017Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.01
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-0.01
CY2017Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.17
CY2017 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.21
CY2017Q4 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognized
8900000 USD
CY2017 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P2Y
CY2016Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
212916000 USD
CY2017Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
313432000 USD
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FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
42009000 USD
CY2017Q4 us-gaap Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
53524000 USD
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FiniteLivedIntangibleAssetsNet
0 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
55100000 USD
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331000 USD
CY2017Q4 us-gaap Furniture And Fixtures Gross
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10308000 USD
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-2260000 USD
CY2016 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
-317000 USD
CY2017 us-gaap Gain Loss On Sale Of Other Assets
GainLossOnSaleOfOtherAssets
237000 USD
CY2016 us-gaap Gain Loss On Sale Of Properties
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4700000 USD
CY2017 us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1800000 USD
CY2015 us-gaap Gain Loss On Sale Of Property Plant Equipment
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190000 USD
CY2016 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
4356000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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2502000 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15829000 USD
CY2016 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
31804000 USD
CY2017 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
36348000 USD
CY2016Q4 us-gaap Goodwill
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0 USD
CY2017Q4 us-gaap Goodwill
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29085000 USD
CY2015 us-gaap Impairment Of Real Estate
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0 USD
CY2015 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2016 us-gaap Impairment Of Real Estate
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0 USD
CY2016 us-gaap Impairment Of Real Estate
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0 USD
CY2017 us-gaap Impairment Of Real Estate
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0 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
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1829000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6840000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
9776000 USD
CY2015 us-gaap Increase Decrease In Accounts Payable Related Parties
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4145000 USD
CY2016 us-gaap Increase Decrease In Accounts Payable Related Parties
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-865000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable Related Parties
IncreaseDecreaseInAccountsPayableRelatedParties
-4350000 USD
CY2015 us-gaap Increase Decrease In Accounts Receivable Related Parties
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0 USD
CY2016 us-gaap Increase Decrease In Accounts Receivable Related Parties
IncreaseDecreaseInAccountsReceivableRelatedParties
0 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable Related Parties
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-3592000 USD
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IncreaseDecreaseInOtherOperatingAssets
13473000 USD
CY2016 us-gaap Increase Decrease In Other Operating Assets
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9916000 USD
CY2017 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
7992000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash
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30000 USD
CY2016 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-1011000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-887000 USD
CY2015 us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
0 USD
CY2016 us-gaap Increase Decrease In Restricted Cash And Investments
IncreaseDecreaseInRestrictedCashAndInvestments
35900000 USD
CY2017 us-gaap Increase Decrease In Restricted Cash And Investments
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-29561000 USD
CY2015 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
2716000 shares
CY2016 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
2785000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
12713000 shares
CY2015 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
4000 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2015 us-gaap Interest Expense
InterestExpense
32390000 USD
CY2016 us-gaap Interest Expense
InterestExpense
32458000 USD
CY2017 us-gaap Interest Expense
InterestExpense
45661000 USD
CY2015 us-gaap Interest Paid Net
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27583000 USD
CY2016 us-gaap Interest Paid Net
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29709000 USD
CY2017 us-gaap Interest Paid Net
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39487000 USD
CY2017Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
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100000 USD
CY2017 us-gaap Investment Advisory Fees
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4042000 USD
CY2016Q4 us-gaap Investment Building And Building Improvements
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1532888000 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
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2263381000 USD
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0 USD
CY2017Q4 us-gaap Investments In And Advances To Affiliates At Fair Value
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902000 USD
CY2016Q4 us-gaap Land And Land Improvements
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796192000 USD
CY2017Q4 us-gaap Land And Land Improvements
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1121590000 USD
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5700000 USD
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1155401000 USD
CY2017Q4 us-gaap Liabilities
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2047400000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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2380188000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
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3526082000 USD
CY2017Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Claims Paid Current Year1
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81000 USD
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725000 USD
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1350000 USD
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4883000 USD
CY2017Q4 us-gaap Liability For Unpaid Claims And Claims Adjustment Expense Net
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4339000 USD
CY2016Q4 us-gaap Limited Partners Capital Account Units Outstanding
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2785000 shares
CY2017Q4 us-gaap Limited Partners Capital Account Units Outstanding
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44454000 shares
CY2015 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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150700000 USD
CY2016 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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CY2017 us-gaap Line Of Credit Facility Increase Decrease For Period Net
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115400000 USD
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34341000 USD
CY2016 us-gaap Loans Assumed1
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33326000 USD
CY2017 us-gaap Loans Assumed1
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30831000 USD
CY2016Q4 us-gaap Loans Payable
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1065180000 USD
CY2017Q4 us-gaap Loans Payable
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1823040000 USD
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1056156000 USD
CY2017Q4 us-gaap Long Term Debt
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1806998000 USD
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922390000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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8142000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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341169000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
254570000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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182323000 USD
CY2017Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
109192000 USD
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615721000 USD
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1608217000 USD
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444969000 USD
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209569000 USD
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0.030
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0.034
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0 USD
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0 USD
CY2017 us-gaap Management Fees Revenue
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8156000 USD
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23406000 USD
CY2017Q4 us-gaap Minority Interest
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432442000 USD
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1835000 USD
CY2016 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
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1882000 USD
CY2017 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
9125000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
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4179000 USD
CY2017 us-gaap Minority Interest Decrease From Redemptions
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4200000 USD
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29732000 USD
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90685000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
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509380000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
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-110774000 USD
CY2016 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-226217000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
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-620749000 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
106073000 USD
CY2016 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
103076000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
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108861000 USD
CY2015 us-gaap Net Income Loss
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13360000 USD
CY2016Q1 us-gaap Net Income Loss
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2219000 USD
CY2016Q2 us-gaap Net Income Loss
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560000 USD
CY2016Q3 us-gaap Net Income Loss
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2464000 USD
CY2016Q4 us-gaap Net Income Loss
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3689000 USD
CY2016 us-gaap Net Income Loss
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8932000 USD
CY2017Q1 us-gaap Net Income Loss
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1106000 USD
CY2017Q2 us-gaap Net Income Loss
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-1193000 USD
CY2017Q3 us-gaap Net Income Loss
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-8232000 USD
CY2017Q4 us-gaap Net Income Loss
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-30072000 USD
CY2017 us-gaap Net Income Loss
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-38391000 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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201000 USD
CY2016 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
111000 USD
CY2017 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-3327000 USD
CY2015 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
201000 USD
CY2016 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
111000 USD
CY2017 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
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-3470000 USD
CY2017Q4 us-gaap Number Of Real Estate Properties
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236
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
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188000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
310000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
773000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
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388000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable
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1479587000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
270880000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
145745000 USD
CY2016Q4 us-gaap Other Deferred Costs Gross
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30363000 USD
CY2016Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
43032000 USD
CY2017Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
90624000 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
196396000 USD
CY2016 us-gaap Operating Expenses
OperatingExpenses
222219000 USD
CY2017 us-gaap Operating Expenses
OperatingExpenses
294320000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due
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2945000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1101000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
185000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
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178096000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
212708000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
242613000 USD
CY2017Q4 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
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429545000 USD
CY2015 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
182064000 USD
CY2016 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
193561000 USD
CY2017 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
228201000 USD
CY2017 us-gaap Operating Leases Rent Expense Net
OperatingLeasesRentExpenseNet
370000 USD
CY2017Q4 us-gaap Operating Loss Carryforwards
OperatingLossCarryforwards
667000 USD
CY2017Q4 us-gaap Operating Loss Carryforwards Valuation Allowance
OperatingLossCarryforwardsValuationAllowance
3277000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
80585000 USD
CY2017Q4 us-gaap Other Assets
OtherAssets
118448000 USD
CY2016Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1094000 USD
CY2017Q4 us-gaap Other Assets Miscellaneous
OtherAssetsMiscellaneous
1193000 USD
CY2015 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
22000 USD
CY2016 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
10565000 USD
CY2017 us-gaap Other Comprehensive Income Derivatives Qualifying As Hedges Net Of Tax Portion Attributable To Parent
OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent
4580000 USD
CY2017Q4 us-gaap Other Deferred Costs Gross
OtherDeferredCostsGross
53334000 USD
CY2016Q4 us-gaap Other Deferred Costs Net
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19077000 USD
CY2017Q4 us-gaap Other Deferred Costs Net
OtherDeferredCostsNet
36213000 USD
CY2015 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
0 USD
CY2016 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
0 USD
CY2017 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
2900000 USD
CY2017 us-gaap Other General And Administrative Expense
OtherGeneralAndAdministrativeExpense
30070000 USD
CY2015 us-gaap Other Noncash Expense
OtherNoncashExpense
0 USD
CY2016 us-gaap Other Noncash Expense
OtherNoncashExpense
0 USD
CY2017 us-gaap Other Noncash Expense
OtherNoncashExpense
24037000 USD
CY2015 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
118000 USD
CY2016 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1485000 USD
CY2016 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
5990000 USD
CY2017 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
137000 USD
CY2015 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
248000 USD
CY2015 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
91142000 USD
CY2016 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
456704000 USD
CY2017 us-gaap Other Nonoperating Income
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2433000 USD
CY2015 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1360000 USD
CY2016 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1038000 USD
CY2017 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
1486000 USD
CY2017Q4 us-gaap Payments For Losses And Loss Adjustment Expense
PaymentsForLossesAndLossAdjustmentExpense
806000 USD
CY2015 us-gaap Payments For Proceeds From Delayed Tax Exempt Exchange
PaymentsForProceedsFromDelayedTaxExemptExchange
0 USD
CY2016 us-gaap Payments For Proceeds From Delayed Tax Exempt Exchange
PaymentsForProceedsFromDelayedTaxExemptExchange
35900000 USD
CY2017 us-gaap Payments For Proceeds From Delayed Tax Exempt Exchange
PaymentsForProceedsFromDelayedTaxExemptExchange
-35900000 USD
CY2015 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
74469000 USD
CY2016 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
20301000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
46539000 USD
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PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2016 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
0 USD
CY2017 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
4179000 USD
CY2015 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
88204000 USD
CY2016 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
89301000 USD
CY2017 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
84419000 USD
CY2015 us-gaap Payments Of Dividends
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34915000 USD
CY2016 us-gaap Payments Of Dividends
PaymentsOfDividends
33703000 USD
CY2017 us-gaap Payments Of Dividends
PaymentsOfDividends
38681000 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
59387000 USD
CY2016 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
64269000 USD
CY2017 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
74198000 USD
CY2015 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1677000 USD
CY2016 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1724000 USD
CY2017 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
7025000 USD
CY2015 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
6711000 USD
CY2016 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
3115000 USD
CY2017 us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
14892000 USD
CY2015 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
0 USD
CY2016 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
201111000 USD
CY2017 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
159698000 USD
CY2015 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
21870000 USD
CY2016 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
26117000 USD
CY2017 us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
42146000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
9600000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2016Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
2986000 USD
CY2017Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
4232000 USD
CY2015 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
400000000 USD
CY2016 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
255000000 USD
CY2017 us-gaap Proceeds From Repayments Of Other Long Term Debt
ProceedsFromRepaymentsOfOtherLongTermDebt
855000000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
6500000 USD
CY2015 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
2268000 USD
CY2016 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2017 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
36912000 USD
CY2015 us-gaap Profit Loss
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13561000 USD
CY2016 us-gaap Profit Loss
ProfitLoss
9043000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
-41718000 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
152433000 USD
CY2016Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
222557000 USD
CY2017Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
314080000 USD
CY2016 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
3579000 USD
CY2017 us-gaap Real Estate Accumulated Depreciation Real Estate Sold
RealEstateAccumulatedDepreciationRealEstateSold
633000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
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245310000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
2263381000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
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1121590000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
113792000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
2176711000 USD
CY2017Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
1094468000 USD
CY2016 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
32822000 USD
CY2017 us-gaap Real Estate Cost Of Real Estate Sold
RealEstateCostOfRealEstateSold
5505000 USD
CY2017Q4 us-gaap Real Estate Federal Income Tax Basis
RealEstateFederalIncomeTaxBasis
3400000000 USD
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
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2116480000 USD
CY2016Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
2329080000 USD
CY2017Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
3384971000 USD
CY2016 us-gaap Real Estate Improvements
RealEstateImprovements
26369000 USD
CY2017 us-gaap Real Estate Improvements
RealEstateImprovements
40192000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
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334348000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
462025000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2584005000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3751927000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
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2249657000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3289902000 USD
CY2016 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
219053000 USD
CY2017 us-gaap Real Estate Other Acquisitions
RealEstateOtherAcquisitions
1021204000 USD
CY2015 us-gaap Real Estate Partnership Investment Subsidiaries Net Income Loss Before Tax
RealEstatePartnershipInvestmentSubsidiariesNetIncomeLossBeforeTax
-23725000 USD
CY2016 us-gaap Real Estate Partnership Investment Subsidiaries Net Income Loss Before Tax
RealEstatePartnershipInvestmentSubsidiariesNetIncomeLossBeforeTax
-17785000 USD
CY2017 us-gaap Real Estate Partnership Investment Subsidiaries Net Income Loss Before Tax
RealEstatePartnershipInvestmentSubsidiariesNetIncomeLossBeforeTax
31395000 USD
CY2015 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
35285000 USD
CY2016 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
36627000 USD
CY2017 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
43456000 USD
CY2015 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
0 USD
CY2016 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
0 USD
CY2017 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5454000 USD
CY2015 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
77324000 USD
CY2016 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
110875000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
83387000 USD
CY2017Q4 us-gaap Restricted Cash
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21729000 USD
CY2016Q4 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
41722000 USD
CY2017Q4 us-gaap Restricted Cash And Investments
RestrictedCashAndInvestments
21729000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-438155000 USD
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-601238000 USD
CY2015 us-gaap Revenues
Revenues
242099000 USD
CY2016 us-gaap Revenues
Revenues
257730000 USD
CY2017 us-gaap Revenues
Revenues
311543000 USD
CY2016 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
73703000 USD
CY2017 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
92156000 USD
CY2016Q1 us-gaap Sales Revenue Net
SalesRevenueNet
63082000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
63053000 USD
CY2016Q3 us-gaap Sales Revenue Net
SalesRevenueNet
65270000 USD
CY2016Q4 us-gaap Sales Revenue Net
SalesRevenueNet
66325000 USD
CY2017Q1 us-gaap Sales Revenue Net
SalesRevenueNet
68303000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
69851000 USD
CY2017Q3 us-gaap Sales Revenue Net
SalesRevenueNet
70624000 USD
CY2017Q4 us-gaap Sales Revenue Net
SalesRevenueNet
102765000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
228721000 USD
CY2017Q4 us-gaap Secured Debt
SecuredDebt
615310000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Forfeitures Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeituresWeightedAverageGrantDateFairValue
10.20
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Grants In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsGrantsInPeriodWeightedAverageGrantDateFairValue
10.20
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
10.20
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue
10.20
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Weighted Average Grant Date Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodWeightedAverageGrantDateFairValue
10.20
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Plan Modification Incremental Compensation Cost
ShareBasedCompensationArrangementByShareBasedPaymentAwardPlanModificationIncrementalCompensationCost
1300000 USD
CY2017Q4 us-gaap Share Price
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10.20
CY2017Q4 us-gaap Share Price
SharePrice
10.20
CY2017Q4 us-gaap Share Price
SharePrice
10.20
CY2017Q4 us-gaap Share Price
SharePrice
11.00
CY2017 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Compensation Cost1
SharebasedCompensationArrangementBySharebasedPaymentAwardCompensationCost1
3400000 USD
CY2016 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
24000 USD
CY2017 us-gaap Stock Granted During Period Value Sharebased Compensation
StockGrantedDuringPeriodValueSharebasedCompensation
64000 USD
CY2015 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
63803000 USD
CY2016 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
58872000 USD
CY2017 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
49126000 USD
CY2015 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
4047000 USD
CY2017 us-gaap Stock Issued During Period Value Issued For Services
StockIssuedDuringPeriodValueIssuedForServices
27647000 USD
CY2015 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
72800000 USD
CY2016 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
20301000 USD
CY2017 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
47157000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1201381000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1046240000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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1378262000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1291792000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1224787000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1478682000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest Adjusted Balance1
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1
1224787000 USD
CY2015 us-gaap Straight Line Rent
StraightLineRent
4571000 USD
CY2016 us-gaap Straight Line Rent
StraightLineRent
3512000 USD
CY2017 us-gaap Straight Line Rent
StraightLineRent
3729000 USD
CY2017Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Current Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersCurrentYearClaimsAndClaimsAdjustmentExpense
452000 USD
CY2017Q4 us-gaap Supplemental Information For Property Casualty Insurance Underwriters Prior Year Claims And Claims Adjustment Expense
SupplementalInformationForPropertyCasualtyInsuranceUnderwritersPriorYearClaimsAndClaimsAdjustmentExpense
898000 USD
CY2017 us-gaap Supplementary Insurance Information Premium Revenue
SupplementaryInsuranceInformationPremiumRevenue
206000 USD
CY2015 us-gaap Temporary Equity Issue Period Increase Or Decrease
TemporaryEquityIssuePeriodIncreaseOrDecrease
29878000 USD
CY2015 us-gaap Tenant Reimbursements
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58675000 USD
CY2016 us-gaap Tenant Reimbursements
TenantReimbursements
63131000 USD
CY2017 us-gaap Tenant Reimbursements
TenantReimbursements
73700000 USD
CY2016Q4 us-gaap Unamortized Debt Issuance Expense
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9024000 USD
CY2017Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
16042000 USD
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
831969000 USD
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
1202476000 USD
CY2015 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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186394000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
186665000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
196497000 shares
CY2015 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
183678000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
183876000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
183784000 shares
CY2017 us-gaap Schedule Of Liability For Unpaid Claims And Claims Adjustment Expense
ScheduleOfLiabilityForUnpaidClaimsAndClaimsAdjustmentExpense
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;font-size:10pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">The following is a summary of the activity in the liability for unpaid losses, which is recorded in Accounts Payable and Other Liabilities on our consolidated balance sheet, for the year ended December 31, </font><font style="font-family:Verdana,sans-serif;font-size:8pt;">2017</font><font style="font-family:Verdana,sans-serif;font-size:8pt;"> (in thousands):</font><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="4" rowspan="1"></td></tr><tr><td style="width:84%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td><td style="width:14%;" rowspan="1" colspan="1"></td><td style="width:1%;" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:#0075cf;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;background-color:#0075cf;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:7pt;"><font style="font-family:Verdana,sans-serif;font-size:7pt;color:#ffffff;font-weight:bold;">2017</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Balance upon acquisition on October 4, 2017</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#d3d3d3;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#d3d3d3;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">4,339</font></div></td><td style="vertical-align:bottom;background-color:#d3d3d3;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Incurred related to:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#d3d3d3;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Current year</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">452</font></div></td><td style="vertical-align:bottom;background-color:#d3d3d3;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Prior years</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">898</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Total incurred</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">1,350</font></div></td><td style="vertical-align:bottom;background-color:#d3d3d3;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Paid related to:</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#d3d3d3;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Current year</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">81</font></div></td><td style="vertical-align:bottom;background-color:#d3d3d3;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Prior years</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">725</font></div></td><td style="vertical-align:bottom;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Total paid</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#d3d3d3;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">806</font></div></td><td style="vertical-align:bottom;background-color:#d3d3d3;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">Unpaid loss liability as of December 31, 2017</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;">4,883</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2017 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:8px;font-size:8pt;"><font style="font-family:Verdana,sans-serif;font-size:8pt;font-weight:bold;">Use of Estimates</font><font style="font-family:Verdana,sans-serif;font-size:8pt;">&#8212;The preparation of the consolidated financial statements in conformity with U.S. generally accepted accounting principles (&#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, including goodwill, 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; valuations of contingent consideration; and other fair value measurement assessments required for the preparation of the consolidated financial statements. Actual results could differ from those estimates. &#160;</font></div></div>

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