2019 Q2 Form 10-Q Financial Statement

#000160062619000233 Filed on August 14, 2019

View on sec.gov

Income Statement

Concept 2019 Q2 2018 Q2
Revenue $103.4M $85.99M
YoY Change 20.19% 223.93%
Cost Of Revenue
YoY Change
Gross Profit
YoY Change
Gross Profit Margin
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $65.72M $65.18M
YoY Change 0.83% 235.1%
Operating Profit $37.63M $20.81M
YoY Change 80.86% 193.32%
Interest Expense $20.28M $13.75M
YoY Change 47.42% 255.47%
% of Operating Profit 53.87% 66.09%
Other Income/Expense, Net
YoY Change
Pretax Income
YoY Change
Income Tax
% Of Pretax Income
Net Earnings $14.21M $7.431M
YoY Change 91.2% 120.9%
Net Earnings / Revenue 13.75% 8.64%
Basic Earnings Per Share
Diluted Earnings Per Share
COMMON SHARES
Basic Shares Outstanding
Diluted Shares Outstanding

Balance Sheet

Concept 2019 Q2 2018 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments
YoY Change
Cash & Equivalents $37.54M $30.61M
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 $229.9M
YoY Change
Intangibles
YoY Change
Long-Term Investments $26.03M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets
YoY Change
TOTAL ASSETS
Total Short-Term Assets
Total Long-Term Assets
Total Assets $4.264B $1.160B
YoY Change 267.52% -3.81%
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 $2.158B $582.4M
YoY Change 270.54% -3.52%
SHAREHOLDERS EQUITY
Retained Earnings $148.1M -$12.35M
YoY Change -1299.3% -28.64%
Common Stock $244.0K $76.00K
YoY Change 221.05% 0.0%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.685B $543.2M
YoY Change
Total Liabilities & Shareholders Equity $4.264B $1.160B
YoY Change 267.52% -3.81%

Cashflow Statement

Concept 2019 Q2 2018 Q2
OPERATING ACTIVITIES
Net Income $14.21M $7.431M
YoY Change 91.2% 120.9%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities
YoY Change
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities
YoY Change
Cash From Investing Activities
YoY Change
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities
YoY Change
NET CHANGE
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change In Cash
YoY Change
FREE CASH FLOW
Cash From Operating Activities
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
true
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
dei Entity Ex Transition Period
EntityExTransitionPeriod
true
dei Entity Shell Company
EntityShellCompany
false
gcnl Distributions To Nci
DistributionsToNci
8111000 USD
dei Entity Small Business
EntitySmallBusiness
false
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2019
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2019-06-30
dei Document Type
DocumentType
10-Q
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Central Index Key
EntityCentralIndexKey
0001600626
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Registrant Name
EntityRegistrantName
Griffin Capital Essential Asset REIT, Inc.
dei Entity Filer Category
EntityFilerCategory
Non-accelerated Filer
CY2018Q4 gcnl Accrued Lease Commissions
AccruedLeaseCommissions
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CY2019Q2 gcnl Accrued Lease Commissions
AccruedLeaseCommissions
12049000 USD
CY2018Q4 gcnl Accrued Property Operating Expenses
AccruedPropertyOperatingExpenses
9159000 USD
CY2019Q2 gcnl Accrued Property Operating Expenses
AccruedPropertyOperatingExpenses
6115000 USD
CY2018Q2 gcnl Adjustmentsto Additional Paidin Capital Distributionsinexcessof Distribution Reinvestment Plan
AdjustmentstoAdditionalPaidinCapitalDistributionsinexcessofDistributionReinvestmentPlan
17001000 USD
CY2019Q2 gcnl Amortizationof Above Below Market Leases Remainderof Fiscal Year
AmortizationofAboveBelowMarketLeasesRemainderofFiscalYear
-1872000 USD
CY2019Q2 gcnl Amortizationof Deferred Leasing Fee Remainderof Fiscal Year
AmortizationofDeferredLeasingFeeRemainderofFiscalYear
35936000 USD
CY2019Q2 gcnl Amortizationof Deferred Leasing Fees Year Five
AmortizationofDeferredLeasingFeesYearFive
51692000 USD
CY2019Q2 gcnl Amortizationof Deferred Leasing Fees Year Four
AmortizationofDeferredLeasingFeesYearFour
57000000 USD
CY2019Q2 gcnl Amortizationof Deferred Leasing Fees Year Three
AmortizationofDeferredLeasingFeesYearThree
60341000 USD
CY2019Q2 gcnl Amortizationof Deferred Leasing Fees Year Two
AmortizationofDeferredLeasingFeesYearTwo
68322000 USD
CY2019Q2 gcnl Amortizationof Ground Leasehold Interest Year Five
AmortizationofGroundLeaseholdInterestYearFive
27000 USD
CY2019Q2 gcnl Amortizationof Ground Leasehold Interest Year Four
AmortizationofGroundLeaseholdInterestYearFour
27000 USD
CY2019Q2 gcnl Amortizationof Ground Leasehold Interest Year Three
AmortizationofGroundLeaseholdInterestYearThree
27000 USD
CY2019Q2 gcnl Amortizationof Ground Leasehold Interest Year Two
AmortizationofGroundLeaseholdInterestYearTwo
27000 USD
CY2019Q2 gcnl Amortizationof Ground Leasehold Interests Remainderof Fiscal Year
AmortizationofGroundLeaseholdInterestsRemainderofFiscalYear
27000 USD
CY2019Q2 gcnl Amortizationof Other Leasing Cost Remainderof Fiscal Year
AmortizationofOtherLeasingCostRemainderofFiscalYear
4496000 USD
CY2019Q2 gcnl Amortizationof Other Leasing Costs Year Five
AmortizationofOtherLeasingCostsYearFive
6351000 USD
CY2019Q2 gcnl Amortizationof Other Leasing Costs Year Four
AmortizationofOtherLeasingCostsYearFour
6414000 USD
CY2019Q2 gcnl Amortizationof Other Leasing Costs Year Three
AmortizationofOtherLeasingCostsYearThree
6446000 USD
CY2019Q2 gcnl Amortizationof Other Leasing Costs Year Two
AmortizationofOtherLeasingCostsYearTwo
5837000 USD
gcnl Amortizationof Swap Interest
AmortizationofSwapInterest
63000 USD
gcnl Amortizationof Swap Interest
AmortizationofSwapInterest
63000 USD
CY2019Q2 gcnl Amortizationofaboveandbelow Market Leases Year Five
AmortizationofaboveandbelowMarketLeasesYearFive
-2441000 USD
CY2019Q2 gcnl Amortizationofaboveandbelow Market Leases Year Four
AmortizationofaboveandbelowMarketLeasesYearFour
-2434000 USD
CY2019Q2 gcnl Amortizationofaboveandbelow Market Leases Year Three
AmortizationofaboveandbelowMarketLeasesYearThree
-1952000 USD
CY2019Q2 gcnl Amortizationofaboveandbelow Market Leases Year Two
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ContributionAgreementEarnoutConsiderationLimitPercentageofCommonEquityInvested
0.025
CY2018Q4 gcnl Contribution Agreement Earnout Considerationas Percentageof Advisory Fees
ContributionAgreementEarnoutConsiderationasPercentageofAdvisoryFees
0.3725
CY2018Q4 gcnl Contribution Agreement Earnout Contribution Payout Threshold
ContributionAgreementEarnoutContributionPayoutThreshold
25000000 USD
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CumulativeDistributions
570977000 USD
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CumulativeDistributions
636622000 USD
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DeferredCostsLeasingGrossIncludingRelatedtoRealEstateHeldforSale
530181000 USD
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DeferredCostsLeasingGrossIncludingRelatedtoRealEstateHeldforSale
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gcnl Deferred Rent
DeferredRent
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gcnl Deferred Rent Revenue Recognized During Period
DeferredRentRevenueRecognizedDuringPeriod
5448000 USD
gcnl Deferred Rent Revenue Recognized During Period
DeferredRentRevenueRecognizedDuringPeriod
4588000 USD
CY2018Q1 gcnl Distributions For Redeemable Nci
DistributionsForRedeemableNci
3000 USD
CY2018Q2 gcnl Distributions For Redeemable Nci
DistributionsForRedeemableNci
4000 USD
CY2019Q1 gcnl Distributions For Redeemable Nci
DistributionsForRedeemableNci
13000 USD
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DistributionsForRedeemableNci
11000 USD
gcnl Distributions To Nci
DistributionsToNci
2362000 USD
CY2018Q4 gcnl Finite Lived Intangible Asset Offmarket Lease Including Relatedto Real Estate Heldfor Sale
FiniteLivedIntangibleAssetOffmarketLeaseIncludingRelatedtoRealEstateHeldforSale
17099000 USD
CY2019Q2 gcnl Finite Lived Intangible Asset Offmarket Lease Including Relatedto Real Estate Heldfor Sale
FiniteLivedIntangibleAssetOffmarketLeaseIncludingRelatedtoRealEstateHeldforSale
14828000 USD
CY2018Q4 gcnl Finite Lived Intangible Asset Offmarket Lease Other
FiniteLivedIntangibleAssetOffmarketLeaseOther
4240000 USD
CY2019Q2 gcnl Finite Lived Intangible Asset Offmarket Lease Other
FiniteLivedIntangibleAssetOffmarketLeaseOther
0 USD
CY2018Q4 gcnl In Place Lease Valuation Above Market
InPlaceLeaseValuationAboveMarket
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CY2019Q2 gcnl In Place Lease Valuation Above Market
InPlaceLeaseValuationAboveMarket
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CY2018Q4 gcnl In Place Lease Valuation Above Market Accumulated Amortization
InPlaceLeaseValuationAboveMarketAccumulatedAmortization
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CY2019Q2 gcnl In Place Lease Valuation Above Market Accumulated Amortization
InPlaceLeaseValuationAboveMarketAccumulatedAmortization
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CY2018Q4 gcnl In Place Lease Valuation Above Market Net
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InPlaceLeaseValuationBelowMarket
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CY2018Q4 gcnl In Place Lease Valuation Below Market Accumulated Amortization
InPlaceLeaseValuationBelowMarketAccumulatedAmortization
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InPlaceLeaseValuationBelowMarketAccumulatedAmortization
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InPlaceLeaseValuationBelowMarketNet
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InPlaceLeaseValuationBelowMarketNet
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gcnl Income From Interest In Unconsolidated Entity
IncomeFromInterestInUnconsolidatedEntity
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gcnl Income From Interest In Unconsolidated Entity
IncomeFromInterestInUnconsolidatedEntity
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gcnl Increase Decrease In Distributions Payable To Common Stockholders
IncreaseDecreaseInDistributionsPayableToCommonStockholders
-191000 USD
gcnl Increase Decrease In Distributions Payable To Common Stockholders
IncreaseDecreaseInDistributionsPayableToCommonStockholders
3532000 USD
gcnl Increase Decreasein Distributions Payable Noncontrolling Interest
IncreaseDecreaseinDistributionsPayableNoncontrollingInterest
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gcnl Increase Decreasein Distributions Payable Noncontrolling Interest
IncreaseDecreaseinDistributionsPayableNoncontrollingInterest
1290000 USD
gcnl Increase Decreasein Termination Fee Revenue Receivables
IncreaseDecreaseinTerminationFeeRevenueReceivables
6304000 USD
gcnl Increase Decreasein Termination Fee Revenue Receivables
IncreaseDecreaseinTerminationFeeRevenueReceivables
9001000 USD
CY2018Q1 gcnl Increase Decreaseto Redeemable Common Stock
IncreaseDecreasetoRedeemableCommonStock
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CY2018Q2 gcnl Increase Decreaseto Redeemable Common Stock
IncreaseDecreasetoRedeemableCommonStock
53045000 USD
CY2019Q1 gcnl Increase Decreaseto Redeemable Common Stock
IncreaseDecreasetoRedeemableCommonStock
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IncreaseDecreasetoRedeemableCommonStock
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gcnl Limited Partners Capital Account Units Issuedin Exchangefor Property
LimitedPartnersCapitalAccountUnitsIssuedinExchangeforProperty
31500000 shares
gcnl Limited Partnership Units Issued During Period Value Related To Business Acquisitions
LimitedPartnershipUnitsIssuedDuringPeriodValueRelatedToBusinessAcquisitions
0 USD
gcnl Limited Partnership Units Issued During Period Value Related To Business Acquisitions
LimitedPartnershipUnitsIssuedDuringPeriodValueRelatedToBusinessAcquisitions
25000000 USD
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NetLossAttributableToControllingInterest
7519000 USD
gcnl Net Loss Attributable To Controlling Interest
NetLossAttributableToControllingInterest
13926000 USD
CY2019Q2 gcnl Net Loss Attributable To Controlling Interest
NetLossAttributableToControllingInterest
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gcnl Net Loss Attributable To Controlling Interest
NetLossAttributableToControllingInterest
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gcnl Noncash Performance Distribution Allocation
NoncashPerformanceDistributionAllocation
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NoncontrollingInterests
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CY2019Q2 gcnl Noncontrolling Interests
NoncontrollingInterests
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CY2018Q4 gcnl Noncontrolling Interests Subject To Redemption
NoncontrollingInterestsSubjectToRedemption
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CY2019Q2 gcnl Noncontrolling Interests Subject To Redemption
NoncontrollingInterestsSubjectToRedemption
557189 shares
CY2019Q2 gcnl Numberof Land Parcels Heldfor Future Development
NumberofLandParcelsHeldforFutureDevelopment
2 parcel
CY2018Q2 gcnl Other Comprehensive Income Loss Cash Flow Hedge Gain Lossafter Reclassificationand Tax Total
OtherComprehensiveIncomeLossCashFlowHedgeGainLossafterReclassificationandTaxTotal
740000 USD
gcnl Other Comprehensive Income Loss Cash Flow Hedge Gain Lossafter Reclassificationand Tax Total
OtherComprehensiveIncomeLossCashFlowHedgeGainLossafterReclassificationandTaxTotal
3979000 USD
CY2019Q2 gcnl Other Comprehensive Income Loss Cash Flow Hedge Gain Lossafter Reclassificationand Tax Total
OtherComprehensiveIncomeLossCashFlowHedgeGainLossafterReclassificationandTaxTotal
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gcnl Other Comprehensive Income Loss Cash Flow Hedge Gain Lossafter Reclassificationand Tax Total
OtherComprehensiveIncomeLossCashFlowHedgeGainLossafterReclassificationandTaxTotal
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OtherComprehensiveIncomeLossUnrealizedGainLossforEquityInvesteesGainLossonDerivativesArisingDuringPeriodNetofTax
9000 USD
gcnl Property Management Expenses Related Party
PropertyManagementExpensesRelatedParty
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CY2019Q2 gcnl Property Management Expenses Related Party
PropertyManagementExpensesRelatedParty
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gcnl Property Management Expenses Related Party
PropertyManagementExpensesRelatedParty
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gcnl Other Comprehensive Income Loss Unrealized Gain Lossfor Equity Investees Gain Losson Derivatives Arising During Period Netof Tax
OtherComprehensiveIncomeLossUnrealizedGainLossforEquityInvesteesGainLossonDerivativesArisingDuringPeriodNetofTax
236000 USD
CY2019Q2 gcnl Other Comprehensive Income Loss Unrealized Gain Lossfor Equity Investees Gain Losson Derivatives Arising During Period Netof Tax
OtherComprehensiveIncomeLossUnrealizedGainLossforEquityInvesteesGainLossonDerivativesArisingDuringPeriodNetofTax
-89000 USD
gcnl Other Comprehensive Income Loss Unrealized Gain Lossfor Equity Investees Gain Losson Derivatives Arising During Period Netof Tax
OtherComprehensiveIncomeLossUnrealizedGainLossforEquityInvesteesGainLossonDerivativesArisingDuringPeriodNetofTax
-178000 USD
CY2018Q2 gcnl Other Income Expense From Affiliates
OtherIncomeExpenseFromAffiliates
0 USD
gcnl Other Income Expense From Affiliates
OtherIncomeExpenseFromAffiliates
0 USD
CY2019Q2 gcnl Other Income Expense From Affiliates
OtherIncomeExpenseFromAffiliates
1627000 USD
gcnl Other Income Expense From Affiliates
OtherIncomeExpenseFromAffiliates
6368000 USD
gcnl Partnership Unit Exchange In Share
PartnershipUnitExchangeInShare
1 shares
CY2019Q2 gcnl Partnership Units Conversion Numberof New Partnership Units Issued Upon Conversion
PartnershipUnitsConversionNumberofNewPartnershipUnitsIssuedUponConversion
1.04807
gcnl Paymentsfor Proceedsfrom Real Estate Funds Heldfor Exchange
PaymentsforProceedsfromRealEstateFundsHeldforExchange
3350000 USD
gcnl Paymentsfor Proceedsfrom Real Estate Funds Heldfor Exchange
PaymentsforProceedsfromRealEstateFundsHeldforExchange
1000000 USD
CY2019Q2 gcnl Percentage Of Noncontrolling Interests Based On Weighted Average Shares
PercentageOfNoncontrollingInterestsBasedOnWeightedAverageShares
0.1259
gcnl Principle Amortization Paymentson Secured Debt
PrincipleAmortizationPaymentsonSecuredDebt
3319000 USD
gcnl Principle Amortization Paymentson Secured Debt
PrincipleAmortizationPaymentsonSecuredDebt
3252000 USD
CY2018Q2 gcnl Property Management Expense Nonaffiliates
PropertyManagementExpenseNonaffiliates
0 USD
gcnl Property Management Expense Nonaffiliates
PropertyManagementExpenseNonaffiliates
0 USD
CY2019Q2 gcnl Property Management Expense Nonaffiliates
PropertyManagementExpenseNonaffiliates
882000 USD
gcnl Property Management Expense Nonaffiliates
PropertyManagementExpenseNonaffiliates
1798000 USD
CY2018Q2 gcnl Property Management Expenses Related Party
PropertyManagementExpensesRelatedParty
2234000 USD
CY2019Q2 gcnl Purchase Price
PurchasePrice
4200000000 USD
gcnl Redeemable Common Stock Payable
RedeemableCommonStockPayable
0 USD
gcnl Redeemable Common Stock Payable
RedeemableCommonStockPayable
0 USD
CY2018 gcnl Repurchase Of Redeemable Noncontrolling Interest
RepurchaseOfRedeemableNoncontrollingInterest
0 shares
gcnl Repurchase Of Redeemable Noncontrolling Interest
RepurchaseOfRedeemableNoncontrollingInterest
0 shares
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RestrictedReserves
8201000 USD
CY2019Q2 gcnl Restricted Reserves
RestrictedReserves
21653000 USD
CY2019Q2 gcnl Saleof Stock Tender Offer Amount
SaleofStockTenderOfferAmount
100000000 USD
CY2019Q2 gcnl Saleof Stock Tender Offer Stock Issuedas Percentageof Numberof Shares Issuedand Outstanding
SaleofStockTenderOfferStockIssuedasPercentageofNumberofSharesIssuedandOutstanding
0.041
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StockDistributionDeclaredperDay
0.000273973 shares
CY2019Q2 gcnl Stock Distribution Declaredper Day
StockDistributionDeclaredperDay
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CY2018Q4 invest Derivative Notional Amount
DerivativeNotionalAmount
850000000 USD
CY2019Q2 invest Derivative Notional Amount
DerivativeNotionalAmount
850000000 USD
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
6 loan
CY2018Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
80616000 USD
CY2019Q2 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
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CY2018Q4 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
AccrualForTaxesOtherThanIncomeTaxesCurrentAndNoncurrent
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CY2019Q2 us-gaap Accrual For Taxes Other Than Income Taxes Current And Noncurrent
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CY2019Q2 us-gaap Accrued Rent Current And Noncurrent
AccruedRentCurrentAndNoncurrent
16960000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
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AccumulatedOtherComprehensiveIncomeLossNetOfTax
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CY2018Q4 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
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CY2019Q2 us-gaap Additional Paid In Capital
AdditionalPaidInCapital
2194174000 USD
CY2019Q1 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
9000 USD
CY2019Q2 us-gaap Adjustments To Additional Paid In Capital Stock Issued Issuance Costs
AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts
181000 USD
CY2018Q2 us-gaap Affiliate Costs
AffiliateCosts
848000 USD
us-gaap Affiliate Costs
AffiliateCosts
1682000 USD
CY2019Q2 us-gaap Affiliate Costs
AffiliateCosts
450000 USD
us-gaap Affiliate Costs
AffiliateCosts
724000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
528000 USD
us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-1768000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
1538000 USD
us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
4287000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
30763000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36200000 USD
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
36241000 USD
CY2018Q4 us-gaap Assets
Assets
3012775000 USD
CY2019Q2 us-gaap Assets
Assets
4263975000 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
0 USD
us-gaap Cash Acquired From Acquisition
CashAcquiredFromAcquisition
25321000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
48478000 USD
CY2019Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
37537000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
214867000 USD
CY2018Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
54447000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
64285000 USD
CY2019Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
70988000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-160420000 USD
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
6703000 USD
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-3917000 USD
us-gaap Change In Unrealized Gain Loss On Fair Value Hedging Instruments1
ChangeInUnrealizedGainLossOnFairValueHedgingInstruments1
-20762000 USD
CY2018Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2019Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
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CY2019Q2 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.001780822
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.001506849
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.001506849
CY2018Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.17
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.34
CY2019Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.16
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.33
CY2018Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2019Q2 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
0.001
CY2018Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2019Q2 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
700000000 shares
CY2019Q2 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
78100000 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
174470284 shares
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
243610554 shares
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
78054934 shares
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
78100000 shares
CY2019Q2 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
252863421 shares
CY2018Q4 us-gaap Common Stock Value
CommonStockValue
174000 USD
CY2019Q2 us-gaap Common Stock Value
CommonStockValue
244000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
8153000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
17816000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
2895000 USD
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
1498000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
307000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
663000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
391000 USD
us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
180000 USD
CY2018Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
8548000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
18655000 USD
CY2019Q2 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5413000 USD
us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
5931000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
27697000 USD
CY2019Q2 us-gaap Construction In Progress Gross
ConstructionInProgressGross
25502000 USD
CY2018Q2 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
11682000 USD
us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
23005000 USD
CY2019Q2 us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
12858000 USD
us-gaap Cost Of Other Property Operating Expense
CostOfOtherPropertyOperatingExpense
24374000 USD
CY2018Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
5947000 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
11655000 USD
CY2019Q2 us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
0 USD
us-gaap Costs And Expenses Related Party
CostsAndExpensesRelatedParty
0 USD
CY2018Q4 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1362179000 USD
CY2019Q2 us-gaap Debt Instrument Carrying Amount
DebtInstrumentCarryingAmount
1946836000 USD
CY2018Q4 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
8648000 USD
CY2019Q2 us-gaap Debt Instrument Unamortized Discount Premium And Debt Issuance Costs Net
DebtInstrumentUnamortizedDiscountPremiumAndDebtIssuanceCostsNet
11247000 USD
CY2019Q2 us-gaap Deferred Compensation Liability Current And Noncurrent
DeferredCompensationLiabilityCurrentAndNoncurrent
8600000 USD
CY2018Q4 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
296201000 USD
CY2019Q2 us-gaap Deferred Costs Leasing Accumulated Amortization
DeferredCostsLeasingAccumulatedAmortization
326520000 USD
CY2018Q4 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
530181000 USD
CY2019Q2 us-gaap Deferred Costs Leasing Gross
DeferredCostsLeasingGross
744610000 USD
CY2018Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
233980000 USD
CY2019Q2 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
418090000 USD
CY2018Q4 us-gaap Deferred Costs Leasing Net Noncurrent
DeferredCostsLeasingNetNoncurrent
29958000 USD
CY2019Q2 us-gaap Deferred Costs Leasing Net Noncurrent
DeferredCostsLeasingNetNoncurrent
45909000 USD
CY2018Q4 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
55163000 USD
CY2019Q2 us-gaap Deferred Rent Receivables Net
DeferredRentReceivablesNet
59751000 USD
us-gaap Depreciation
Depreciation
28399000 USD
us-gaap Depreciation
Depreciation
34600000 USD
us-gaap Depreciation
Depreciation
34630000 USD
CY2018Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
31843000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
59162000 USD
CY2019Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
36094000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
70871000 USD
CY2018Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
-1717000 USD
CY2018Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
6962000 USD
CY2019Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
23245000 USD
CY2018Q1 us-gaap Dividends
Dividends
17875000 USD
CY2018Q2 us-gaap Dividends
Dividends
17831000 USD
CY2019Q1 us-gaap Dividends
Dividends
21803000 USD
CY2019Q2 us-gaap Dividends
Dividends
28363000 USD
CY2018Q4 us-gaap Due From Affiliates
DueFromAffiliates
19685000 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
12248000 USD
CY2019Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
17123000 USD
CY2019Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5656000 USD
CY2019Q2 us-gaap Due From Affiliates
DueFromAffiliates
1638000 USD
CY2018Q4 us-gaap Due From Related Parties
DueFromRelatedParties
19685000 USD
CY2019Q2 us-gaap Due From Related Parties
DueFromRelatedParties
1638000 USD
CY2018Q4 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
42406000 USD
CY2019Q2 us-gaap Due To Related Parties Current And Noncurrent
DueToRelatedPartiesCurrentAndNoncurrent
12657000 USD
CY2018Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.04
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.08
CY2019Q2 us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.06
us-gaap Earnings Per Share Basic And Diluted
EarningsPerShareBasicAndDiluted
0.10
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3704000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3245000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
30565000 USD
CY2019Q2 us-gaap Equity Method Investments
EquityMethodInvestments
26034000 USD
CY2018Q4 us-gaap Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
17099000 USD
CY2019Q2 us-gaap Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
14828000 USD
CY2018Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1158000 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
1158000 USD
CY2019Q2 us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Disposition Of Assets1
GainLossOnDispositionOfAssets1
0 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
1158000 USD
us-gaap Gain Loss On Sale Of Properties
GainLossOnSaleOfProperties
0 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
1489000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
2931000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
10189000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
229948000 USD
CY2019Q2 us-gaap Goodwill
Goodwill
229948000 USD
CY2018Q4 us-gaap Ground Leases Accumulated Amortization
GroundLeasesAccumulatedAmortization
137000 USD
CY2019Q2 us-gaap Ground Leases Accumulated Amortization
GroundLeasesAccumulatedAmortization
150000 USD
CY2018Q4 us-gaap Ground Leases Gross
GroundLeasesGross
2255000 USD
CY2019Q2 us-gaap Ground Leases Gross
GroundLeasesGross
2254000 USD
CY2018Q4 us-gaap Ground Leases Net
GroundLeasesNet
2118000 USD
CY2019Q2 us-gaap Ground Leases Net
GroundLeasesNet
2104000 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-519000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1038000 USD
CY2019Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-460000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1108000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-3040000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-18536000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
1187000 USD
us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
8587000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-682000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-10788000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-242000 USD
CY2018Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1077000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1089000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
2600270000 USD
CY2019Q1 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4585000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
4903000 USD
CY2018Q2 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
88000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
176000 USD
CY2019Q2 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
80000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
174767000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
159000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
-268000 USD
CY2018Q2 us-gaap Interest Expense
InterestExpense
13753000 USD
us-gaap Interest Expense
InterestExpense
27090000 USD
CY2019Q2 us-gaap Interest Expense
InterestExpense
20275000 USD
us-gaap Interest Expense
InterestExpense
34082000 USD
CY2018Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9310000 USD
CY2019Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9876000 USD
CY2019Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
700000 USD
CY2018Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
2165016000 USD
CY2019Q2 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
3097966000 USD
CY2018Q4 us-gaap Land
Land
350470000 USD
CY2019Q2 us-gaap Land
Land
486345000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
202622000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due After Year Five
LesseeOperatingLeaseLiabilityPaymentsDueAfterYearFive
197290000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
1263000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1197000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
1153000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
1150000 USD
CY2019Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
569000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
281587000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
289797000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Remainder Of Fiscal Year
LessorOperatingLeasePaymentsToBeReceivedRemainderOfFiscalYear
147009000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
1301633000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
290512000 USD
CY2019Q2 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
289732000 USD
CY2018Q4 us-gaap Liabilities
Liabilities
1527079000 USD
CY2019Q2 us-gaap Liabilities
Liabilities
2158128000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
3012775000 USD
CY2019Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4263975000 USD
us-gaap Limited Liability Company Llc Or Limited Partnership Lp Managing Member Or General Partner Ownership Interest
LimitedLiabilityCompanyLLCOrLimitedPartnershipLPManagingMemberOrGeneralPartnerOwnershipInterest
0.885
CY2019Q2 us-gaap Limited Partners Capital Account Units Issued
LimitedPartnersCapitalAccountUnitsIssued
200000 shares
CY2019Q2 us-gaap Limited Partners Capital Account Units Outstanding
LimitedPartnersCapitalAccountUnitsOutstanding
527045 shares
CY2018Q4 us-gaap Long Term Debt
LongTermDebt
1353531000 USD
CY2019Q2 us-gaap Long Term Debt
LongTermDebt
1935589000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-28752000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-82381000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-194636000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
801000 USD
CY2019Q2 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
32178000 USD
CY2018Q2 us-gaap Operating Expenses
OperatingExpenses
65183000 USD
CY2018Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
23115000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
1422000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
1072000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
62968000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
88283000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
7431000 USD
us-gaap Net Income Loss
NetIncomeLoss
13750000 USD
CY2019Q2 us-gaap Net Income Loss
NetIncomeLoss
14208000 USD
us-gaap Net Income Loss
NetIncomeLoss
19541000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
280000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
514000 USD
CY2019Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1880000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
3077000 USD
CY2018Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
6553000 USD
CY2018Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
7711000 USD
CY2019Q1 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
6530000 USD
CY2019Q2 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
16088000 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Value Of Assets Acquired1
NoncashOrPartNoncashAcquisitionValueOfAssetsAcquired1
751278000 USD
CY2019Q2 us-gaap Noncontrolling Interest Increase From Sale Of Parent Equity Interest
NoncontrollingInterestIncreaseFromSaleOfParentEquityInterest
269000 USD
CY2019Q1 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
0 USD
CY2019Q2 us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
25000000 USD
CY2019Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
101 property
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2019Q2 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
25 state
us-gaap Operating Expenses
OperatingExpenses
125140000 USD
CY2019Q2 us-gaap Operating Expenses
OperatingExpenses
65722000 USD
us-gaap Operating Expenses
OperatingExpenses
125628000 USD
CY2018Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
20808000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
41250000 USD
CY2019Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
37634000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
54213000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 USD
CY2019Q2 us-gaap Operating Lease Cost
OperatingLeaseCost
600000 USD
us-gaap Operating Lease Cost
OperatingLeaseCost
1300000 USD
CY2019Q2 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
71600000 USD
us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
132500000 USD
CY2019Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
27855000 USD
CY2019Q2 us-gaap Operating Lease Payments
OperatingLeasePayments
300000 USD
us-gaap Operating Lease Payments
OperatingLeasePayments
500000 USD
CY2019Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
27106000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
204614000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
1032000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
4094000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
45000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
5737000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
1679000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
3264000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
0 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
96100000 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
1383000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
0 USD
CY2018Q2 us-gaap Profit Loss
ProfitLoss
7799000 USD
us-gaap Profit Loss
ProfitLoss
14440000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
1032000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
1032000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
199024000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
23591000 USD
CY2019Q2 us-gaap Other Accrued Liabilities Current And Noncurrent
OtherAccruedLiabilitiesCurrentAndNoncurrent
28733000 USD
CY2018Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
3466000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
749000 USD
CY2019Q1 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-8137000 USD
CY2019Q2 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-12803000 USD
CY2018Q2 us-gaap Other Income
OtherIncome
105000 USD
us-gaap Other Income
OtherIncome
160000 USD
CY2019Q2 us-gaap Other Income
OtherIncome
-311000 USD
us-gaap Other Income
OtherIncome
1480000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
10928000 USD
us-gaap Payments For Construction In Process
PaymentsForConstructionInProcess
20612000 USD
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-69000 USD
us-gaap Payments For Proceeds From Tenant Allowance
PaymentsForProceedsFromTenantAllowance
-2134000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
64275000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
98928000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
35897000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
48434000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
0 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
8287000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
182250000 USD
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
0 USD
CY2018Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
31120000 USD
CY2019Q2 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
36712000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
3245000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
627000000 USD
CY2017Q3 us-gaap Proceeds From Issuance Of Private Placement
ProceedsFromIssuanceOfPrivatePlacement
2200000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
175854000 USD
CY2019Q2 us-gaap Profit Loss
ProfitLoss
18215000 USD
us-gaap Profit Loss
ProfitLoss
26871000 USD
CY2018Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
538412000 USD
CY2019Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3751061000 USD
CY2019Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
603362000 USD
CY2018Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3073364000 USD
CY2019Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
4354423000 USD
CY2018Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2534952000 USD
CY2018Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
11140000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
22159000 USD
CY2019Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
9782000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
17672000 USD
CY2018Q4 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
4887000 USD
CY2019Q2 us-gaap Redeemable Noncontrolling Interest Equity Carrying Amount
RedeemableNoncontrollingInterestEquityCarryingAmount
4887000 USD
CY2018Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
0 USD
CY2019Q2 us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
2047000 USD
us-gaap Redeemable Preferred Stock Dividends
RedeemablePreferredStockDividends
4094000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
23765000 USD
us-gaap Related Party Transaction Expenses From Transactions With Related Party
RelatedPartyTransactionExpensesFromTransactionsWithRelatedParty
5829000 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
0 USD
us-gaap Repayments Of Related Party Debt
RepaymentsOfRelatedPartyDebt
715000000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
18954000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
0 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
15807000 USD
CY2019Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
33451000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
128525000 USD
CY2019Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
148066000 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
0 USD
us-gaap Revenue From Related Parties
RevenueFromRelatedParties
8658000 USD
CY2018Q2 us-gaap Revenues
Revenues
85991000 USD
us-gaap Revenues
Revenues
166390000 USD
CY2019Q2 us-gaap Revenues
Revenues
103356000 USD
us-gaap Revenues
Revenues
179841000 USD
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
28366000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
36000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
723000 USD
CY2019Q2 us-gaap Share Price
SharePrice
9.56
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
751278000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
751278000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
751277000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
22653000 USD
us-gaap Stock Issued During Period Value Dividend Reinvestment Plan
StockIssuedDuringPeriodValueDividendReinvestmentPlan
15479000 USD
CY2019Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
98900000 USD
CY2018Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
20000 USD
CY2018Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
16000 USD
CY2019Q1 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
75000 USD
CY2019Q2 us-gaap Stock Issued During Period Value Restricted Stock Award Gross
StockIssuedDuringPeriodValueRestrictedStockAwardGross
648000 USD
CY2018Q1 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
11000 USD
CY2018Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
64264000 USD
CY2019Q2 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
98928000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1112083000 USD
CY2019Q2 us-gaap Stockholders Equity
StockholdersEquity
1685410000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1251811000 USD
CY2018Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1231461000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1192793000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1344286000 USD
CY2019Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1309671000 USD
CY2019Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1938589000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-2000 USD
us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
0 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
0 USD
us-gaap Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
-465000 USD
CY2018Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
167866188 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
169573603 shares
CY2019Q2 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
226122872 shares
us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
200404679 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-indent:30px;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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