2016 Q1 Form 10-K Financial Statement

#000160062616000145 Filed on March 10, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2014 Q4 2014 Q3
Revenue $12.50M $0.00 $0.00
YoY Change 41326.16%
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 $2.338M
YoY Change 32121.61%
% of Gross Profit
Operating Expenses $11.15M $175.9K
YoY Change 1284.65%
Operating Profit $1.351M -$175.9K
YoY Change -274.29%
Interest Expense $2.493M $0.00
YoY Change 892.27%
% of Operating Profit 184.53%
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$1.140M -$306.6K -$89.37K
YoY Change 11.79%
Net Earnings / Revenue -9.12%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 34.95M shares 393.0K shares 100.0 shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q1 2014 Q4 2014 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $42.02M $6.171M $337.0K
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 $597.4M $10.59M $2.646M
YoY Change 866.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities
YoY Change
LONG-TERM LIABILITIES
Long-Term Debt
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities
Total Long-Term Liabilities
Total Liabilities $276.5M $1.057M $543.4K
YoY Change 8964.04%
SHAREHOLDERS EQUITY
Retained Earnings -$18.82M -$436.6K -$51.37K
YoY Change 1192.49%
Common Stock $38.97K $11.34K $2.000M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $313.9M $9.341M $2.025M
YoY Change
Total Liabilities & Shareholders Equity $597.4M $10.59M $2.646M
YoY Change 866.13%

Cashflow Statement

Concept 2016 Q1 2014 Q4 2014 Q3
OPERATING ACTIVITIES
Net Income -$1.140M -$306.6K -$89.37K
YoY Change 11.79%
Depreciation, Depletion And Amortization $2.338M
YoY Change 32121.61%
Cash From Operating Activities $2.457M
YoY Change -546.89%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities -$33.75M
YoY Change 403.73%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$94.62M
YoY Change 88.46%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities $55.70M
YoY Change 11.16%
NET CHANGE
Cash From Operating Activities $2.457M
Cash From Investing Activities -$33.75M
Cash From Financing Activities $55.70M
Net Change In Cash $24.41M
YoY Change -43.05%
FREE CASH FLOW
Cash From Operating Activities $2.457M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2015 dei Amendment Flag
AmendmentFlag
false
CY2015 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2015 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
FY
CY2015 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2015
CY2015 dei Document Period End Date
DocumentPeriodEndDate
2015-12-31
CY2015 dei Document Type
DocumentType
10-K
CY2015 dei Entity Central Index Key
EntityCentralIndexKey
0001600626
CY2016Q1 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
34948853 shares
CY2015 dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
CY2015 dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2015Q2 dei Entity Public Float
EntityPublicFloat
142557719 USD
CY2015 dei Entity Registrant Name
EntityRegistrantName
Griffin Capital Essential Asset REIT II, Inc.
CY2015 dei Entity Voluntary Filers
EntityVoluntaryFilers
No
CY2015 dei Entity Well Known Seasoned Issuer
EntityWellKnownSeasonedIssuer
No
CY2015Q4 gcearii Acquisition Fee Amount Retained Subjectto Conditions
AcquisitionFeeAmountRetainedSubjecttoConditions
5000000.0 USD
gcearii Acquisition Fees Expenses To Affiliates
AcquisitionFeesExpensesToAffiliates
0 USD
CY2015 gcearii Acquisition Fees Expenses To Affiliates
AcquisitionFeesExpensesToAffiliates
10876098 USD
gcearii Acquisition Fees Expenses To Non Affiliates
AcquisitionFeesExpensesToNonAffiliates
0 USD
CY2015 gcearii Acquisition Fees Expenses To Non Affiliates
AcquisitionFeesExpensesToNonAffiliates
3058497 USD
CY2015 gcearii Acquisitions During Period
AcquisitionsDuringPeriod
516964849 USD
gcearii Additions To Redeemable Common Stock
AdditionsToRedeemableCommonStock
50666 USD
CY2015 gcearii Additions To Redeemable Common Stock
AdditionsToRedeemableCommonStock
4537562 USD
CY2014Q4 gcearii Adjustment To Organizational And Offering Costs Pursuant To Limitations Of Advisor
AdjustmentToOrganizationalAndOfferingCostsPursuantToLimitationsOfAdvisor
1142237 USD
CY2015Q4 gcearii Adjustment To Organizational And Offering Costs Pursuant To Limitations Of Advisor
AdjustmentToOrganizationalAndOfferingCostsPursuantToLimitationsOfAdvisor
0 USD
CY2015Q4 gcearii Advisory Agreement Termsof Distributionsto Advisor Percentage Addedto Companys Returnon Capital
AdvisoryAgreementTermsofDistributionstoAdvisorPercentageAddedtoCompanysReturnonCapital
0.06
CY2015 gcearii Asset Management Fee Percentage Of Average Invested Assets
AssetManagementFeePercentageOfAverageInvestedAssets
0.06
gcearii Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic And Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasicAndDiluted
22.53
CY2015 gcearii Business Acquisition Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax Per Share Basic And Diluted
BusinessAcquisitionProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTaxPerShareBasicAndDiluted
-0.08
CY2015 gcearii Business Acquisition Related Costs To Affiliates
BusinessAcquisitionRelatedCostsToAffiliates
11438072 USD
gcearii Business Acquisitions Pro Forma Net Income Loss Attributableto Noncontrolling Interests
BusinessAcquisitionsProFormaNetIncomeLossAttributabletoNoncontrollingInterests
450624 USD
CY2015 gcearii Business Acquisitions Pro Forma Net Income Loss Attributableto Noncontrolling Interests
BusinessAcquisitionsProFormaNetIncomeLossAttributabletoNoncontrollingInterests
-1517 USD
CY2015Q4 gcearii Business Combination Capitalized Affiliate Acquisition Related Costs
BusinessCombinationCapitalizedAffiliateAcquisitionRelatedCosts
600000 USD
CY2014Q1 gcearii Common Stock Purchased By Advisor
CommonStockPurchasedByAdvisor
1000 USD
CY2014Q4 gcearii Cumulative Distributions
CumulativeDistributions
71809 USD
CY2015Q4 gcearii Cumulative Distributions
CumulativeDistributions
8257717 USD
CY2014Q4 gcearii Cumulative Offering Costs Private And Public Offerings
CumulativeOfferingCostsPrivateAndPublicOfferings
2063907 USD
CY2015Q4 gcearii Cumulative Offering Costs Private And Public Offerings
CumulativeOfferingCostsPrivateAndPublicOfferings
28668982 USD
CY2014Q4 gcearii Cumulative Organizational Costs Private And Public Offerings
CumulativeOrganizationalCostsPrivateAndPublicOfferings
311864 USD
CY2015Q4 gcearii Cumulative Organizational Costs Private And Public Offerings
CumulativeOrganizationalCostsPrivateAndPublicOfferings
517841 USD
CY2015Q4 gcearii Days Required For Reimburse Excess Amounts
DaysRequiredForReimburseExcessAmounts
P60D
gcearii Discount On Issuance Of Common Stock
DiscountOnIssuanceOfCommonStock
279960 USD
CY2015 gcearii Discount On Issuance Of Common Stock
DiscountOnIssuanceOfCommonStock
997020 USD
CY2015 gcearii Distribution Rate
DistributionRate
0.15
gcearii Distributions To Nci
DistributionsToNci
2049 USD
CY2014Q3 gcearii Common Stock Offering Shares Authorized Value
CommonStockOfferingSharesAuthorizedValue
2200000000 USD
CY2015 gcearii Construction Management Fee Percentage
ConstructionManagementFeePercentage
0.05
CY2015 gcearii Debt Instrument Termto Determine Contractual Interest Rate
DebtInstrumentTermtoDetermineContractualInterestRate
P360D
CY2015 gcearii Debt Instrument Termto Determine Weighted Average Interest Rate
DebtInstrumentTermtoDetermineWeightedAverageInterestRate
P365D
CY2014Q1 gcearii General Partner Interest Obtained
GeneralPartnerInterestObtained
0.01
gcearii Property Management Expenses Related Party
PropertyManagementExpensesRelatedParty
0 USD
CY2015 gcearii Distributions To Nci
DistributionsToNci
11000 USD
CY2014Q1 gcearii Limited Liability Partnership Interest Held
LimitedLiabilityPartnershipInterestHeld
0.99
CY2014Q1 gcearii Limited Partnership Purchase Price
LimitedPartnershipPurchasePrice
200000 USD
CY2015 gcearii Property Management Fees Percentage
PropertyManagementFeesPercentage
0.03
CY2015Q2 gcearii Preferred Units Maximum Outstanding Value
PreferredUnitsMaximumOutstandingValue
50000000.0 USD
CY2015Q4 gcearii Escrow Subjectto Forfeiture
EscrowSubjecttoForfeiture
9000000 USD
CY2015Q4 gcearii Expected Shareholder Servicing Fee
ExpectedShareholderServicingFee
1500000 USD
CY2015 gcearii Expected Shareholder Servicing Fee Periodof Recognition
ExpectedShareholderServicingFeePeriodofRecognition
P4Y
CY2015 gcearii Gross Revenue Percentage
GrossRevenuePercentage
0.01
gcearii Increase Decrease In Distributions Payable To Common Stockholders
IncreaseDecreaseInDistributionsPayableToCommonStockholders
14345 USD
CY2015 gcearii Increase Decrease In Distributions Payable To Common Stockholders
IncreaseDecreaseInDistributionsPayableToCommonStockholders
540967 USD
gcearii Increase Decrease In Distributions Payable To Non Controlling Interests
IncreaseDecreaseInDistributionsPayableToNonControllingInterests
934 USD
CY2015 gcearii Increase Decrease In Distributions Payable To Non Controlling Interests
IncreaseDecreaseInDistributionsPayableToNonControllingInterests
0 USD
CY2015Q4 gcearii Investment Opportunity Aggregate Assets Required
InvestmentOpportunityAggregateAssetsRequired
500000000 USD
CY2015Q4 gcearii Investment Opportunity Amount
InvestmentOpportunityAmount
35000000 USD
CY2015 gcearii Investment Terms Minimum Loan To Value Ratio
InvestmentTermsMinimumLoanToValueRatio
0.4
CY2015Q4 gcearii Lease Valuation Above Or Below Market
LeaseValuationAboveOrBelowMarket
-37120561 USD
CY2015Q4 gcearii Liabilityfor Over Collected Rent
LiabilityforOverCollectedRent
300000 USD
CY2015Q4 gcearii Line Of Credit Draw
LineOfCreditDraw
286050000 USD
CY2014Q4 gcearii Line Of Credit Facility Extension Term
LineOfCreditFacilityExtensionTerm
P1Y
gcearii Net Income Loss Including Portion Attributableto Noncontrolling Interest Distributionsto Redeemable Preferred Unitsand Preferred Unit Redemption Charges
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestDistributionstoRedeemablePreferredUnitsandPreferredUnitRedemptionCharges
-494592 USD
CY2015 gcearii Net Income Loss Including Portion Attributableto Noncontrolling Interest Distributionsto Redeemable Preferred Unitsand Preferred Unit Redemption Charges
NetIncomeLossIncludingPortionAttributabletoNoncontrollingInterestDistributionstoRedeemablePreferredUnitsandPreferredUnitRedemptionCharges
-17278456 USD
CY2015Q4 gcearii Number Of Wholly Owned Special Purpose Entities
NumberOfWhollyOwnedSpecialPurposeEntities
6 entity
CY2015Q4 gcearii Numberof Buildings
NumberofBuildings
19 building
CY2015Q4 gcearii Numberof Contractsto Purchase Real Estate
NumberofContractstoPurchaseRealEstate
4 contract
CY2015 gcearii Numberof Real Estate Programs
NumberofRealEstatePrograms
11 program
CY2015Q4 gcearii Numberof Wholly Owned Subsidiaries
NumberofWhollyOwnedSubsidiaries
4 subsidiary
gcearii Offering Costs As A Percentage Of Gross Offering Proceeds
OfferingCostsAsAPercentageOfGrossOfferingProceeds
0.216
gcearii Offering Costs As A Percentage Of Gross Offering Proceeds Excluding Sales Commissions And Dealer Fees
OfferingCostsAsAPercentageOfGrossOfferingProceedsExcludingSalesCommissionsAndDealerFees
0.139
CY2014Q4 gcearii Organizational And Offering Costs Previously Advanced By Advisor
OrganizationalAndOfferingCostsPreviouslyAdvancedByAdvisor
1527392 USD
CY2015Q4 gcearii Organizational And Offering Costs Previously Advanced By Advisor
OrganizationalAndOfferingCostsPreviouslyAdvancedByAdvisor
3534806 USD
CY2015 gcearii Organizational Costs As A Percentage Of Gross Offering Proceeds
OrganizationalCostsAsAPercentageOfGrossOfferingProceeds
0.105
CY2015 gcearii Organizational Costs As A Percentage Of Gross Offering Proceeds Excluding Sales Commissions And Dealer Fees
OrganizationalCostsAsAPercentageOfGrossOfferingProceedsExcludingSalesCommissionsAndDealerFees
0.014
CY2014Q4 gcearii Organizationaland Offering Costs Incurred Netof Advisor Advances
OrganizationalandOfferingCostsIncurredNetofAdvisorAdvances
385155 USD
CY2015Q4 gcearii Organizationaland Offering Costs Incurred Netof Advisor Advances
OrganizationalandOfferingCostsIncurredNetofAdvisorAdvances
461600 USD
CY2014Q4 gcearii Paymentof Offeringand Organizational Cost
PaymentofOfferingandOrganizationalCost
0 USD
CY2015Q4 gcearii Paymentof Offeringand Organizational Cost
PaymentofOfferingandOrganizationalCost
3073206 USD
CY2015 gcearii Percentage Of Acquisition Fees
PercentageOfAcquisitionFees
0.02
CY2015 gcearii Percentage Of Acquisition Fees For Expense Reimbursements
PercentageOfAcquisitionFeesForExpenseReimbursements
0.01
CY2015Q4 gcearii Percentage Of Organizational And Offering Costs Limit
PercentageOfOrganizationalAndOfferingCostsLimit
0.15
CY2015Q4 gcearii Percentageof Gross Proceeds Reimbursedfrom Organizationaland Offering Costs Limit
PercentageofGrossProceedsReimbursedfromOrganizationalandOfferingCostsLimit
0.035
CY2015Q4 gcearii Percentof Costsfor Which Are Not Reimbursedbythe Offering
PercentofCostsforWhichAreNotReimbursedbytheOffering
0.01
gcearii Preferred Equity Offering Costs
PreferredEquityOfferingCosts
0 USD
CY2015 gcearii Preferred Equity Offering Costs
PreferredEquityOfferingCosts
-375000 USD
CY2015 gcearii Property Management Expenses Related Party
PropertyManagementExpensesRelatedParty
333016 USD
CY2015 gcearii Redemption Price Within One Year Percent
RedemptionPriceWithinOneYearPercent
0
CY2015 gcearii Redemption Price Year Fourand Greater Percent
RedemptionPriceYearFourandGreaterPercent
1
CY2015 gcearii Redemption Price Year One Percent
RedemptionPriceYearOnePercent
0.900
CY2015 gcearii Redemption Price Year Three Percent
RedemptionPriceYearThreePercent
0.975
CY2015 gcearii Redemption Price Year Two Percent
RedemptionPriceYearTwoPercent
0.950
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
5970317 USD
CY2015Q4 gcearii Related Party Acquisition Feefor Purchaseof Property
RelatedPartyAcquisitionFeeforPurchaseofProperty
0.0385
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7145094 USD
CY2015Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
479211200 USD
CY2015Q4 gcearii Related Party Acquisition Feefor Purchaseof Property Base Rate
RelatedPartyAcquisitionFeeforPurchaseofPropertyBaseRate
0.02
CY2015Q4 gcearii Related Party Acquisition Feefor Purchaseof Property Contingent Rate
RelatedPartyAcquisitionFeeforPurchaseofPropertyContingentRate
0.0185
CY2015Q4 gcearii Related Party Stockholder Servicing Feefor Issuanceof Shares Percent
RelatedPartyStockholderServicingFeeforIssuanceofSharesPercent
0.01
CY2015 gcearii Sec Schedule Iii Real Estate Constructionin Progress
SECScheduleIIIRealEstateConstructioninProgress
0 USD
CY2015Q4 gcearii Shares Tendered For Redemption Value
SharesTenderedForRedemptionValue
20000 USD
CY2015Q4 gcearii Stock Dividends Declared Shares
StockDividendsDeclaredShares
0.0000136612 shares
CY2015 gcearii Stock Servicing Fee
StockServicingFee
20000 USD
CY2014Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
150000000.0 USD
CY2014Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
175985 USD
CY2015Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
7116194 USD
CY2014Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
9838210 USD
CY2015Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
250757479 USD
us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
1154894 USD
CY2015 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
27514088 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
0 USD
CY2015 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1858029 USD
CY2015 us-gaap Amortization Of Deferred Leasing Fees
AmortizationOfDeferredLeasingFees
7145094 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
21064 USD
CY2015 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
514024 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
0 USD
CY2015 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
7100000 USD
CY2015Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
3200000 sqft
CY2015Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
3246400 sqft
CY2015 us-gaap Asset Impairment Charges
AssetImpairmentCharges
0 USD
us-gaap Asset Management Costs
AssetManagementCosts
0 USD
CY2015 us-gaap Asset Management Costs
AssetManagementCosts
2623770 USD
CY2015 us-gaap Asset Management Fees1
AssetManagementFees1
2600000 USD
CY2014Q4 us-gaap Assets
Assets
10588267 USD
CY2015Q4 us-gaap Assets
Assets
540293719 USD
CY2015Q4 us-gaap Below Market Lease Accumulated Amortization
BelowMarketLeaseAccumulatedAmortization
1858029 USD
CY2015Q4 us-gaap Below Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseAmortizationIncomeNextTwelveMonths
3039971 USD
CY2015Q4 us-gaap Below Market Lease Amortization Income Year Five
BelowMarketLeaseAmortizationIncomeYearFive
3039971 USD
CY2015Q4 us-gaap Below Market Lease Amortization Income Year Four
BelowMarketLeaseAmortizationIncomeYearFour
3039971 USD
CY2015Q4 us-gaap Below Market Lease Amortization Income Year Three
BelowMarketLeaseAmortizationIncomeYearThree
3039971 USD
CY2015Q4 us-gaap Below Market Lease Amortization Income Year Two
BelowMarketLeaseAmortizationIncomeYearTwo
3039971 USD
CY2015Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
37120561 USD
CY2015Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
35262532 USD
us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
3393719 USD
CY2015 us-gaap Business Acquisitions Pro Forma Income Loss From Continuing Operations Before Changes In Accounting And Extraordinary Items Net Of Tax
BusinessAcquisitionsProFormaIncomeLossFromContinuingOperationsBeforeChangesInAccountingAndExtraordinaryItemsNetOfTax
-1071459 USD
us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
3844343 USD
CY2015 us-gaap Business Acquisitions Pro Forma Net Income Loss
BusinessAcquisitionsProFormaNetIncomeLoss
-300173 USD
us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
46981515 USD
CY2015 us-gaap Business Acquisitions Pro Forma Revenue
BusinessAcquisitionsProFormaRevenue
46822883 USD
CY2015Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
479200000 USD
CY2015Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
479844288 USD
CY2014Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
6171317 USD
CY2015Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
17609981 USD
CY2014Q1 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
201000 USD
CY2015 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
11438664 USD
CY2014Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 USD
CY2014Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
0 USD
CY2015Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
110652188 USD
CY2015Q4 us-gaap Cash Equivalents At Carrying Value
CashEquivalentsAtCarryingValue
0 USD
CY2014Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
1902082 USD
CY2015Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
3573746 USD
CY2015Q4 us-gaap Deferred Rent Credit
DeferredRentCredit
1500000 USD
CY2015 us-gaap Deferred Revenue Revenue Recognized
DeferredRevenueRevenueRecognized
1500000 USD
us-gaap Depreciation
Depreciation
0 USD
CY2015Q4 us-gaap Deferred Compensation Arrangement With Individual Common Stock Reserved For Future Issuance
DeferredCompensationArrangementWithIndividualCommonStockReservedForFutureIssuance
2855617 shares
CY2015Q4 us-gaap Cash Fdic Insured Amount
CashFDICInsuredAmount
250000 USD
CY2014Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
USD
CY2015Q4 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.00150684932
CY2015Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.000013699
CY2015Q4 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.00150273224
CY2014Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q3 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2014Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2015Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2013Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
30000 shares
CY2014Q3 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2014Q1 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
100 shares
CY2014Q4 us-gaap Common Stock Value
CommonStockValue
11335 USD
CY2015Q4 us-gaap Common Stock Value
CommonStockValue
28556 USD
us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
0 USD
CY2015 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
1316891 USD
CY2014Q4 us-gaap Debt Instrument Term
DebtInstrumentTerm
P4Y
CY2015Q4 us-gaap Debt Weighted Average Interest Rate
DebtWeightedAverageInterestRate
0.033
CY2015 us-gaap Depreciation
Depreciation
4900000 USD
CY2015 us-gaap Depreciation
Depreciation
4915541 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
0 USD
CY2015 us-gaap Depreciation And Amortization
DepreciationAndAmortization
12060635 USD
CY2014Q4 us-gaap Derivative Number Of Instruments Held
DerivativeNumberOfInstrumentsHeld
2 contract
us-gaap Dividends
Dividends
21143 USD
CY2015 us-gaap Dividends
Dividends
3172832 USD
CY2014Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15279 USD
CY2015Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
556246 USD
CY2014Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
866176 USD
CY2015Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
2323696 USD
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-2.90
CY2014Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.00
CY2014Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.00
CY2014Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-4.32
CY2014Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.60
CY2015Q1 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.33
CY2015Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.90
CY2015Q3 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.19
CY2015Q4 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-0.13
CY2015 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
-1.22
CY2014Q4 us-gaap Escrow Deposit
EscrowDeposit
2000000 USD
CY2015Q4 us-gaap Escrow Deposit
EscrowDeposit
8950000 USD
CY2014Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
0 USD
CY2015 us-gaap Finite Lived Intangible Assets Remaining Amortization Period1
FiniteLivedIntangibleAssetsRemainingAmortizationPeriod1
P8Y10M24D
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
438806 USD
CY2015 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
3821609 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
175985 USD
CY2015 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6271274 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
866176 USD
CY2015 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
146429 USD
CY2015 us-gaap Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
45749679 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
514868 USD
CY2015 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2064302 USD
us-gaap Interest Expense
InterestExpense
55786 USD
CY2015 us-gaap Interest Expense
InterestExpense
4851048 USD
us-gaap Interest Paid
InterestPaid
0 USD
CY2015 us-gaap Interest Paid
InterestPaid
2616311 USD
CY2014Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
0 USD
CY2015Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
353083087 USD
us-gaap Investment Income Interest
InvestmentIncomeInterest
0 USD
CY2015 us-gaap Investment Income Interest
InvestmentIncomeInterest
261 USD
CY2014Q4 us-gaap Land
Land
0 USD
CY2015Q4 us-gaap Land
Land
53229574 USD
CY2014Q4 us-gaap Liabilities
Liabilities
1057440 USD
CY2015Q4 us-gaap Liabilities
Liabilities
310786388 USD
CY2014Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
10588267 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
540293719 USD
CY2014Q4 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
138557720 USD
CY2014Q4 us-gaap Long Term Debt
LongTermDebt
0 USD
CY2015Q4 us-gaap Long Term Debt
LongTermDebt
265527720 USD
CY2014Q4 us-gaap Minority Interest
MinorityInterest
139041 USD
CY2015Q4 us-gaap Minority Interest
MinorityInterest
97189 USD
CY2014Q1 us-gaap Minority Interest
MinorityInterest
200000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
2983 USD
CY2015 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
11000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
0 USD
CY2015 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
397803 USD
CY2015Q4 us-gaap Minority Interest Ownership Percentage By Noncontrolling Owners
MinorityInterestOwnershipPercentageByNoncontrollingOwners
1
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
7916552 USD
CY2015 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
500521908 USD
us-gaap Net Income Loss
NetIncomeLoss
-436616 USD
CY2014Q1 us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2015Q2 us-gaap Net Income Loss
NetIncomeLoss
-9801118 USD
CY2014Q2 us-gaap Net Income Loss
NetIncomeLoss
0 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-89366 USD
CY2014Q4 us-gaap Net Income Loss
NetIncomeLoss
-306640 USD
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
-1019804 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2000000 USD
CY2015 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-486147536 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
53765 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
-3259242 USD
CY2015 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-2935708 USD
CY2015Q4 us-gaap Net Income Loss
NetIncomeLoss
-3167440 USD
CY2015 us-gaap Net Income Loss
NetIncomeLoss
-17247604 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-57976 USD
CY2015 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-30852 USD
CY2014Q4 us-gaap Notes Payable
NotesPayable
0 USD
CY2015Q4 us-gaap Notes Payable
NotesPayable
126970000 USD
CY2015Q4 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
15 property
CY2015 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2015Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
11 state
CY2014Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
0 USD
CY2015Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
35262532 USD
us-gaap Operating Expenses
OperatingExpenses
438806 USD
CY2015 us-gaap Operating Expenses
OperatingExpenses
36803889 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
-438806 USD
CY2015 us-gaap Operating Income Loss
OperatingIncomeLoss
-11654866 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
321850567 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
33363530 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
35853836 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
35168781 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
34434893 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
33914671 USD
CY2015Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
149114856 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
0 USD
CY2015 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
21215843 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
2000000 USD
CY2015 us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
6950000 USD
us-gaap Payments For Proceeds From Mortgage Deposits
PaymentsForProceedsFromMortgageDeposits
1923146 USD
CY2015 us-gaap Payments For Proceeds From Mortgage Deposits
PaymentsForProceedsFromMortgageDeposits
2185692 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
CY2015 us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
73260000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6798 USD
CY2015 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
2631865 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
CY2015 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
397803 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
0 USD
CY2015 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
479197536 USD
CY2014Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2014Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
0 USD
CY2015 us-gaap Preferred Stock Redemption Premium
PreferredStockRedemptionPremium
375000 USD
CY2014Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2014Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000000 shares
CY2014Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2014Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
CY2015Q2 us-gaap Preferred Units Authorized
PreferredUnitsAuthorized
15000000.0 shares
CY2015Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
516964849 USD
CY2014Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
0 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
504904214 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
0 USD
CY2015 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
2713373 USD
CY2015 us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
47207199 USD
CY2015 us-gaap Rental Income Nonoperating
RentalIncomeNonoperating
17900000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
0 USD
CY2015 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
147492280 USD
CY2014Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
514868 USD
CY2015Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
5255778 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
9848545 USD
CY2015 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
240595548 USD
CY2015Q2 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
150000000.0 USD
CY2015 us-gaap Proceeds From Issuance Of Preferred Limited Partners Units
ProceedsFromIssuanceOfPreferredLimitedPartnersUnits
73260000 USD
us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
0 USD
CY2015 us-gaap Proceeds From Issuance Of Redeemable Preferred Stock
ProceedsFromIssuanceOfRedeemablePreferredStock
73260000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
CY2015 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
286050000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
CY2015 us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
126970000 USD
us-gaap Profit Loss
ProfitLoss
-494592 USD
CY2014Q1 us-gaap Profit Loss
ProfitLoss
0 USD
CY2014Q2 us-gaap Profit Loss
ProfitLoss
0 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-175918 USD
CY2014Q4 us-gaap Profit Loss
ProfitLoss
-318674 USD
CY2015Q1 us-gaap Profit Loss
ProfitLoss
-1026391 USD
CY2015Q2 us-gaap Profit Loss
ProfitLoss
-9797905 USD
CY2015Q3 us-gaap Profit Loss
ProfitLoss
-2638219 USD
CY2015Q4 us-gaap Profit Loss
ProfitLoss
-3043138 USD
CY2015 us-gaap Profit Loss
ProfitLoss
-16505653 USD
CY2014Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
0 USD
CY2015Q4 us-gaap Real Estate Accumulated Depreciation
RealEstateAccumulatedDepreciation
12060635 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Amount Of Encumbrances
RealEstateAndAccumulatedDepreciationAmountOfEncumbrances
126970000 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationCarryingAmountOfBuildingsAndImprovements
463735275 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Carrying Amount Of Land
RealEstateAndAccumulatedDepreciationCarryingAmountOfLand
53229574 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Costs Capitalized Subsequent To Acquisition Carrying Costs
RealEstateAndAccumulatedDepreciationCostsCapitalizedSubsequentToAcquisitionCarryingCosts
0 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Buildings And Improvements
RealEstateAndAccumulatedDepreciationInitialCostOfBuildingsAndImprovements
463735275 USD
CY2015Q4 us-gaap Real Estate And Accumulated Depreciation Initial Cost Of Land
RealEstateAndAccumulatedDepreciationInitialCostOfLand
53229574 USD
CY2014Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
0 USD
CY2015Q4 us-gaap Real Estate Gross At Carrying Value
RealEstateGrossAtCarryingValue
516964849 USD
CY2015 us-gaap Real Estate Improvements
RealEstateImprovements
0 USD
CY2014Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
0 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
12060635 USD
CY2014Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
0 USD
CY2014Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-436616 USD
CY2015Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-17684220 USD
us-gaap Revenues
Revenues
0 USD
CY2014Q1 us-gaap Revenues
Revenues
0 USD
CY2014Q2 us-gaap Revenues
Revenues
0 USD
CY2014Q3 us-gaap Revenues
Revenues
0 USD
CY2014Q4 us-gaap Revenues
Revenues
0 USD
CY2015Q1 us-gaap Revenues
Revenues
30179 USD
CY2015Q2 us-gaap Revenues
Revenues
3570455 USD
CY2015Q3 us-gaap Revenues
Revenues
9682928 USD
CY2015Q4 us-gaap Revenues
Revenues
11865461 USD
CY2015 us-gaap Revenues
Revenues
25149023 USD
CY2015 us-gaap Sec Schedule Iii Real Estate Accumulated Depreciation Depreciation Expense
SECScheduleIIIRealEstateAccumulatedDepreciationDepreciationExpense
12060635 USD
CY2015Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Authorized
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
10000000 shares
CY2015 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
ShareBasedCompensationArrangementByShareBasedPaymentAwardPercentageOfOutstandingStockMaximum
0.1
CY2015 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Fair Value Assumptions Expected Term1
SharebasedCompensationArrangementBySharebasedPaymentAwardFairValueAssumptionsExpectedTerm1
P10Y
CY2015Q4 us-gaap Stock Dividends Shares
StockDividendsShares
0.000013699 shares
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
50666 USD
CY2015 us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
4515378 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
11283399 USD
CY2015 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
268972084 USD
CY2014Q4 us-gaap Stockholders Equity
StockholdersEquity
9341120 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
224844098 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
9480161 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
224941287 USD
CY2014Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
201000 USD
us-gaap Straight Line Rent
StraightLineRent
0 USD
CY2015 us-gaap Straight Line Rent
StraightLineRent
1500086 USD
CY2014Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
50666 USD
CY2015Q4 us-gaap Temporary Equity Carrying Amount Including Portion Attributable To Noncontrolling Interests
TemporaryEquityCarryingAmountIncludingPortionAttributableToNoncontrollingInterests
4566044 USD
us-gaap Tenant Reimbursements
TenantReimbursements
0 USD
CY2015 us-gaap Tenant Reimbursements
TenantReimbursements
3933180 USD
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
150623 shares
CY2015 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
14129326 shares
CY2015 us-gaap Use Of Estimates
UseOfEstimates
<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-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates.</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></div>

Files In Submission

Name View Source Status
0001600626-16-000145-index-headers.html Edgar Link pending
0001600626-16-000145-index.html Edgar Link pending
0001600626-16-000145.txt Edgar Link pending
0001600626-16-000145-xbrl.zip Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
gcearii-20151231.xml Edgar Link completed
gcearii-20151231.xsd Edgar Link pending
gcearii-20151231_cal.xml Edgar Link unprocessable
gcearii-20151231_def.xml Edgar Link unprocessable
gcearii-20151231_lab.xml Edgar Link unprocessable
gcearii-20151231_pre.xml Edgar Link unprocessable
gcearii1231201510-k.htm Edgar Link pending
gcearii12312015exhibit311.htm Edgar Link pending
gcearii12312015exhibit312.htm Edgar Link pending
gcearii12312015exhibit321.htm Edgar Link pending
gcearii12312015exhibit322.htm Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R6.htm Edgar Link pending
R7.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending