2016 Q3 Form 10-Q Financial Statement

#000160062616000217 Filed on August 12, 2016

View on sec.gov

Income Statement

Concept 2016 Q3 2016 Q2 2015 Q2
Revenue $16.33M $13.33M $3.570M
YoY Change 68.69% 273.34%
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 $700.0K
YoY Change
% of Gross Profit
Operating Expenses $16.91M $13.65M $12.78M
YoY Change 55.97% 6.86%
Operating Profit -$574.0K -$323.0K -$9.206M
YoY Change -50.4% -96.49%
Interest Expense $2.162M $2.502M $592.2K
YoY Change 45.99% 322.48%
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings -$2.735M -$2.824M -$9.801M
YoY Change -16.08% -71.19%
Net Earnings / Revenue -16.74% -21.19% -274.51%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding 56.16M shares 44.57M shares 10.57M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2016 Q3 2016 Q2 2015 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $28.99M $61.72M $5.214M
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 $819.5M $711.2M $388.0M
YoY Change 59.77% 83.28% 192955.67%
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 $316.7M $298.4M $240.1M
YoY Change -5.13% 24.27%
SHAREHOLDERS EQUITY
Retained Earnings -$24.38M -$21.65M -$11.26M
YoY Change 67.97% 92.3%
Common Stock $62.23K $51.95K
YoY Change -70.02%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $489.5M $403.6M $114.1M
YoY Change
Total Liabilities & Shareholders Equity $819.5M $711.2M $388.0M
YoY Change 59.77% 83.28% 192955.67%

Cashflow Statement

Concept 2016 Q3 2016 Q2 2015 Q2
OPERATING ACTIVITIES
Net Income -$2.735M -$2.824M -$9.801M
YoY Change -16.08% -71.19%
Depreciation, Depletion And Amortization $700.0K
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
dei Document Period End Date
DocumentPeriodEndDate
2016-06-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001600626
CY2016Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
56157447 shares
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Griffin Capital Essential Asset REIT II, Inc.
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gcearii Acquisition Fees Expenses To Affiliates
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gcearii Acquisition Fees Expenses To Affiliates
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CY2015Q2 gcearii Acquisition Fees Expenses To Non Affiliates
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gcearii Acquisition Fees Expenses To Non Affiliates
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gcearii Acquisition Fees Expenses To Non Affiliates
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gcearii Net Income Loss Including Portion Attributableto Noncontrolling Interest Distributionsto Redeemable Preferred Unitsand Preferred Unit Redemption Charges
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gcearii Organizational Costs As A Percentage Of Gross Offering Proceeds Excluding Sales Commissions And Dealer Fees
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700000000 shares
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500000 USD
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3050000 USD
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51157 USD
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42526 USD
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0 USD
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193241 USD
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519689 USD
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0.001
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us-gaap Preferred Stock Redemption Premium
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0 USD
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200000000 shares
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200000000 shares
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0 shares
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CY2015Q4 us-gaap Prepaid Expense And Other Assets
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ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAuthorized
10000000 shares
us-gaap Share Based Compensation Arrangement By Share Based Payment Award Percentage Of Outstanding Stock Maximum
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0.1
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P10Y
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us-gaap Straight Line Rent
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TenantReimbursements
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us-gaap Tenant Reimbursements
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CY2015 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2015Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
7020821 shares
CY2016Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
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us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
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39203190 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-bottom:16px;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%;padding-bottom:16px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the unaudited consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the unaudited consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates.</font></div></div>

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