2018 Q4 Form 10-Q Financial Statement

#000157128318000051 Filed on November 01, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $57.01M $55.19M $43.34M
YoY Change 24.25% 27.35% 30.14%
Cost Of Revenue $13.64M $13.29M $11.23M
YoY Change 12.26% 18.34% 25.06%
Gross Profit $43.37M $41.90M $32.11M
YoY Change 28.58% 30.49% 31.98%
Gross Profit Margin 76.08% 75.91% 74.09%
Selling, General & Admin $6.300M $6.230M $5.840M
YoY Change 13.31% 6.68% 15.19%
% of Gross Profit 14.53% 14.87% 18.19%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $20.60M $20.20M $18.00M
YoY Change 9.57% 12.22% 34.33%
% of Gross Profit 47.5% 48.21% 56.06%
Operating Expenses $26.97M $39.67M $35.04M
YoY Change 10.9% 13.2% 27.96%
Operating Profit $16.40M $2.233M $32.00M
YoY Change -51.21% -93.02% 33.53%
Interest Expense -$6.660M $6.456M $6.271M
YoY Change 18.09% 2.95% 64.85%
% of Operating Profit -40.61% 289.12% 19.6%
Other Income/Expense, Net $6.562M $6.287M
YoY Change 4.37% 50.26%
Pretax Income $15.21M $8.970M $2.010M
YoY Change 7.72% 346.27% -34.31%
Income Tax $0.00
% Of Pretax Income 0.0%
Net Earnings $15.21M $8.824M $1.988M
YoY Change 7.74% 343.86% -33.69%
Net Earnings / Revenue 26.68% 15.99% 4.59%
Basic Earnings Per Share $0.13 $0.07 $0.01
Diluted Earnings Per Share $0.13 $0.07 $0.01
COMMON SHARES
Basic Shares Outstanding 92.79M shares 91.46M shares 72.62M shares
Diluted Shares Outstanding 91.95M shares 73.07M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $180.6M $183.9M $12.90M
YoY Change 2636.36% 1325.58% -76.67%
Cash & Equivalents $180.6M $183.9M $12.92M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $180.6M $183.9M $12.90M
YoY Change 2636.36% 1325.58% -76.67%
LONG-TERM ASSETS
Property, Plant & Equipment $2.487B $2.363B $1.892B
YoY Change 25.09% 24.89% 37.97%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $900.0K $1.300M $1.100M
YoY Change -64.0% 18.18%
Other Assets $1.300M $1.500M $2.100M
YoY Change -91.1% -28.57% 110.0%
Total Long-Term Assets $2.607B $2.485B $1.990B
YoY Change 23.87% 24.86% 37.35%
TOTAL ASSETS
Total Short-Term Assets $180.6M $183.9M $12.90M
Total Long-Term Assets $2.607B $2.485B $1.990B
Total Assets $2.788B $2.669B $2.003B
YoY Change 32.03% 33.24% 33.16%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $21.10M $30.40M $22.20M
YoY Change 0.0% 36.94% 20.65%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $60.30M $67.50M $52.90M
YoY Change 15.3% 27.6% 24.18%
LONG-TERM LIABILITIES
Long-Term Debt $757.4M $757.2M $664.2M
YoY Change 13.23% 14.0% 32.73%
Other Long-Term Liabilities $61.60M $58.70M $24.70M
YoY Change 148.39% 137.65% 58.33%
Total Long-Term Liabilities $819.0M $815.9M $688.9M
YoY Change 18.06% 18.44% 33.51%
TOTAL LIABILITIES
Total Short-Term Liabilities $60.30M $67.50M $52.90M
Total Long-Term Liabilities $819.0M $815.9M $688.9M
Total Liabilities $879.3M $883.4M $741.8M
YoY Change 17.84% 19.09% 32.79%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.799B $1.667B $1.214B
YoY Change 45.02% 37.35% 35.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.876B $1.755B $1.237B
YoY Change
Total Liabilities & Shareholders Equity $2.788B $2.669B $2.003B
YoY Change 32.03% 33.24% 33.16%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $15.21M $8.824M $1.988M
YoY Change 7.74% 343.86% -33.69%
Depreciation, Depletion And Amortization $20.60M $20.20M $18.00M
YoY Change 9.57% 12.22% 34.33%
Cash From Operating Activities $21.90M $35.80M $26.80M
YoY Change 17.74% 33.58% 36.73%
INVESTING ACTIVITIES
Capital Expenditures -$16.70M -$14.80M -$12.30M
YoY Change 27.48% 20.33% 46.43%
Acquisitions
YoY Change
Other Investing Activities -$122.1M -$33.50M -$290.5M
YoY Change 19.94% -88.47% 261.77%
Cash From Investing Activities -$138.7M -$48.30M -$302.7M
YoY Change 20.61% -84.04% 241.26%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 113.6M 33.70M 275.7M
YoY Change 25.66% -87.78% 257.12%
NET CHANGE
Cash From Operating Activities 21.90M 35.80M 26.80M
Cash From Investing Activities -138.7M -48.30M -302.7M
Cash From Financing Activities 113.6M 33.70M 275.7M
Net Change In Cash -3.200M 21.20M -200.0K
YoY Change -46.67% -10700.0% -102.47%
FREE CASH FLOW
Cash From Operating Activities $21.90M $35.80M $26.80M
Capital Expenditures -$16.70M -$14.80M -$12.30M
Free Cash Flow $38.60M $50.60M $39.10M
YoY Change 21.77% 29.41% 39.64%

Facts In Submission

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us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
798000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
573000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
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7270000 USD
CY2018Q3 us-gaap Derivative Collateral Right To Reclaim Cash
DerivativeCollateralRightToReclaimCash
0 USD
CY2017Q4 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
219000 USD
CY2018Q3 us-gaap Derivative Collateral Right To Reclaim Securities
DerivativeCollateralRightToReclaimSecurities
0 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Asset
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7193000 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Asset
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13851000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
219000 USD
CY2018Q3 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2017Q4 us-gaap Derivative Liabilities
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219000 USD
CY2018Q3 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset
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0 USD
CY2018Q3 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
CY2018Q3 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
CY2017Q4 us-gaap Development In Process
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34772000 USD
CY2018Q3 us-gaap Development In Process
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50367000 USD
CY2017Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
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11229000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
29987000 USD
CY2018Q3 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
13294000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
38029000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets Noncurrent
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71000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Other Liabilities
DisposalGroupIncludingDiscontinuedOperationOtherLiabilities
50000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Other Noncurrent Assets
DisposalGroupIncludingDiscontinuedOperationOtherNoncurrentAssets
678000 USD
CY2017Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
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11687000 USD
us-gaap Dividends
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31236000 USD
us-gaap Dividends
Dividends
42310000 USD
CY2017Q3 us-gaap Dividends Payable Current And Noncurrent
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11580000 USD
CY2017Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
11727000 USD
CY2018Q3 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
15214000 USD
us-gaap Dividends Preferred Stock
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3966000 USD
us-gaap Dividends Preferred Stock
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7857000 USD
CY2017Q3 us-gaap Earnings Per Share Basic
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0.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.33
CY2018Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.07
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.28
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.33
CY2018Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.07
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.28
CY2018Q3 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
19300000 USD
CY2018Q3 us-gaap Finite Lived Intangible Asset Off Market Lease Favorable Gross
FiniteLivedIntangibleAssetOffMarketLeaseFavorableGross
100000 USD
CY2017Q4 us-gaap Finite Lived Intangible Assets Net
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49239000 USD
CY2018Q3 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
53402000 USD
CY2017Q4 us-gaap Fixtures And Equipment Gross
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167000 USD
CY2018Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
151000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
CY2018Q3 us-gaap Gains Losses On Extinguishment Of Debt
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0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-22000 USD
CY2017Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
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0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
19237000 USD
CY2018Q3 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
0 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
11591000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5843000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16052000 USD
CY2018Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6229000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
18897000 USD
CY2017Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
11000 USD
CY2018Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6227000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8310000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
1154000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
2151000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
1659000 USD
us-gaap Increase Decrease In Construction Payables
IncreaseDecreaseInConstructionPayables
1598000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
2301000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
1880000 USD
us-gaap Increase Decrease In Prepaid Rent
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-1344000 USD
us-gaap Increase Decrease In Prepaid Rent
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654000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
2054000 USD
us-gaap Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
1844000 USD
CY2017Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
446862 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
380808 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
481612 shares
us-gaap Incremental Common Shares Attributable To Contingently Issuable Shares
IncrementalCommonSharesAttributableToContingentlyIssuableShares
518043 shares
CY2017Q3 us-gaap Interest Expense
InterestExpense
6271000 USD
us-gaap Interest Expense
InterestExpense
14571000 USD
CY2018Q3 us-gaap Interest Expense
InterestExpense
6456000 USD
us-gaap Interest Expense
InterestExpense
18760000 USD
CY2017Q3 us-gaap Interest Income Operating
InterestIncomeOperating
0 USD
us-gaap Interest Income Operating
InterestIncomeOperating
445000 USD
CY2018Q3 us-gaap Interest Income Operating
InterestIncomeOperating
609000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
609000 USD
CY2017Q3 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
400000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1300000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1311000 USD
CY2018Q3 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
700000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1585000 USD
us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1600000 USD
us-gaap Interest Paid Net
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14105000 USD
us-gaap Interest Paid Net
InterestPaidNet
18477000 USD
CY2018Q3 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
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-3700000 USD
CY2018Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
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141000 USD
CY2017Q4 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
7193000 USD
CY2018Q3 us-gaap Interest Rate Derivative Assets At Fair Value
InterestRateDerivativeAssetsAtFairValue
13851000 USD
CY2017Q4 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
219000 USD
CY2018Q3 us-gaap Interest Rate Derivative Liabilities At Fair Value
InterestRateDerivativeLiabilitiesAtFairValue
0 USD
CY2017Q4 us-gaap Investment Building And Building Improvements
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1079746000 USD
CY2018Q3 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
1253935000 USD
CY2017Q4 us-gaap Land
Land
997588000 USD
CY2018Q3 us-gaap Land
Land
1218386000 USD
us-gaap Lease Expiration Date1
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2062-06-01
CY2017Q4 us-gaap Liabilities
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746119000 USD
CY2018Q3 us-gaap Liabilities
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883444000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2111373000 USD
CY2018Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2668838000 USD
CY2017Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
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243000 USD
CY2018Q3 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
0 USD
CY2017Q4 us-gaap Long Term Debt
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668941000 USD
CY2018Q3 us-gaap Long Term Debt
LongTermDebt
757218000 USD
CY2017Q4 us-gaap Long Term Debt Fair Value
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673377000 USD
CY2018Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
752722000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
659259000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
100967000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
566000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
166000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
158000 USD
CY2018Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
38000 USD
CY2017Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
109000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
380000 USD
CY2018Q3 us-gaap Management Fees Revenue
ManagementFeesRevenue
116000 USD
us-gaap Management Fees Revenue
ManagementFeesRevenue
359000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
25208000 USD
CY2018Q3 us-gaap Minority Interest
MinorityInterest
30837000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
998000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
1151000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
431212000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
464582000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-491948000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-368493000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
58129000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
80945000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
1988000 USD
us-gaap Net Income Loss
NetIncomeLoss
26901000 USD
CY2018Q3 us-gaap Net Income Loss
NetIncomeLoss
8824000 USD
us-gaap Net Income Loss
NetIncomeLoss
31280000 USD
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
21000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
684000 USD
CY2018Q3 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
52289000 USD
CY2017Q3 us-gaap Operating Expenses
OperatingExpenses
35043000 USD
us-gaap Operating Expenses
OperatingExpenses
92124000 USD
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
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586000 USD
CY2018Q3 us-gaap Operating Expenses
OperatingExpenses
39667000 USD
us-gaap Operating Expenses
OperatingExpenses
116297000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
771532000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
168276000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
58081000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
77779000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
111805000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22608000 USD
CY2018Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
6307000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
23725000 USD
CY2018Q3 us-gaap Net Rentable Area
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2224201 sqft
CY2018Q3 us-gaap Number Of Real Estate Properties
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167 property
CY2017Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
18067000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
145541000 USD
CY2018Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
210050000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
36748000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
97494000 USD
CY2018Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
45661000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
130139000 USD
CY2017Q4 us-gaap Other Assets
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6146000 USD
CY2018Q3 us-gaap Other Assets
OtherAssets
7508000 USD
CY2018Q3 us-gaap Other Commitment
OtherCommitment
25500000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-672000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
7382000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
662000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
418000 USD
CY2018Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
815000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6877000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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-7000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
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118000 USD
CY2017Q3 us-gaap Other Cost And Expense Operating
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41330000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
107116000 USD
CY2018Q3 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
46229000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
135209000 USD
CY2017Q3 us-gaap Other Expenses
OtherExpenses
6287000 USD
us-gaap Other Expenses
OtherExpenses
14992000 USD
CY2018Q3 us-gaap Other Expenses
OtherExpenses
6562000 USD
us-gaap Other Expenses
OtherExpenses
18912000 USD
CY2017Q4 us-gaap Other Indefinite Lived Intangible Assets
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5156000 USD
CY2018Q3 us-gaap Other Indefinite Lived Intangible Assets
OtherIndefiniteLivedIntangibleAssets
5156000 USD
CY2017Q3 us-gaap Other Real Estate Revenue
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203000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
550000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
1322000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
3966000 USD
CY2018Q3 us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
300000 USD
us-gaap Other Real Estate Revenue
OtherRealEstateRevenue
646000 USD
us-gaap Payments For Proceeds From Deposits On Real Estate Acquisitions
PaymentsForProceedsFromDepositsOnRealEstateAcquisitions
-1150000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
193000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
29182000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
41278000 USD
us-gaap Payments Of Debt Extinguishment Costs
PaymentsOfDebtExtinguishmentCosts
0 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
28955000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
532108000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
363542000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
38859000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
981000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2018Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2423000 USD
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
us-gaap Proceeds From Collection Of Notes Receivable
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6000000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
11000 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
303868000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
425237000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
552000000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
401000000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
64406000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
35177000 USD
CY2017Q3 us-gaap Profit Loss
ProfitLoss
2009000 USD
us-gaap Profit Loss
ProfitLoss
27585000 USD
CY2018Q3 us-gaap Profit Loss
ProfitLoss
8965000 USD
us-gaap Profit Loss
ProfitLoss
31868000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
863000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
804000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
173541000 USD
CY2018Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
214680000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2161965000 USD
CY2018Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2577647000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1988424000 USD
CY2018Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2362967000 USD
CY2017Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
43230000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
114650000 USD
CY2018Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
54469000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
154518000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
1090000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
-505000 USD
CY2017Q4 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
1100000 USD
CY2018Q3 us-gaap Recorded Third Party Environmental Recoveries Receivable
RecordedThirdPartyEnvironmentalRecoveriesReceivable
1100000 USD
us-gaap Repayments Of Long Term Debt
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387497000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
311503000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
250000 USD
CY2018Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
0 USD
CY2017Q3 us-gaap Revenues
Revenues
43339000 USD
us-gaap Revenues
Revenues
115475000 USD
CY2018Q3 us-gaap Revenues
Revenues
55194000 USD
us-gaap Revenues
Revenues
155486000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
19521000 USD
CY2018Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
21888000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4070000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
7866000 USD
CY2018Q3 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Nonvested Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber
209214 shares
CY2018Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
30.70
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
600000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
309104000 USD
CY2018Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1785394000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
432263000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
4190000 USD
us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
8049000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
1340046000 USD
CY2018Q3 us-gaap Stockholders Equity
StockholdersEquity
1754557000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
962140000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1261203000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1365254000 USD
CY2017Q4 us-gaap Tenant Improvements
TenantImprovements
49692000 USD
CY2018Q3 us-gaap Tenant Improvements
TenantImprovements
54808000 USD
CY2017Q3 us-gaap Tenant Reimbursements
TenantReimbursements
6279000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
16606000 USD
CY2018Q3 us-gaap Tenant Reimbursements
TenantReimbursements
8508000 USD
us-gaap Tenant Reimbursements
TenantReimbursements
23733000 USD
CY2017Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
80000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
327000 USD
CY2018Q3 us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
94000 USD
us-gaap Undistributed Earnings Loss Allocated To Participating Securities Basic
UndistributedEarningsLossAllocatedToParticipatingSecuritiesBasic
285000 USD
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
73068081 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
69364855 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
91945206 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
84925472 shares
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
72621219 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
68984047 shares
CY2018Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
91463594 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
84407429 shares
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;padding-top:8px;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with GAAP requires management to make certain estimates and assumptions that affect the reported amounts in the consolidated financial statements and accompanying notes. Actual results could differ from those estimates.&#160;&#160;</font></div></div>

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