2016 Q4 Form 10-Q Financial Statement

#000149229816000088 Filed on November 02, 2016

View on sec.gov

Income Statement

Concept 2016 Q4 2016 Q3 2016 Q2
Revenue $61.80M $61.93M $74.25M
YoY Change -7.49% 3.33% 31.21%
Cost Of Revenue $1.400M $1.400M $1.400M
YoY Change -46.15%
Gross Profit $60.30M $60.50M $72.80M
YoY Change -6.07%
Gross Profit Margin 97.57% 97.7% 98.05%
Selling, General & Admin $6.400M $5.500M $4.100M
YoY Change 300.0% -15.38% -67.97%
% of Gross Profit 10.61% 9.09% 5.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $17.20M $17.10M $16.41M
YoY Change -4.97% 4.88% 13.16%
% of Gross Profit 28.52% 28.27% 22.53%
Operating Expenses $23.70M $22.60M $20.50M
YoY Change 19.7% -0.88% -24.91%
Operating Profit $36.60M $37.90M $52.30M
YoY Change -17.57%
Interest Expense -$15.70M -$15.80M -$16.40M
YoY Change -2.48% 3.95% 16.31%
% of Operating Profit -42.9% -41.69% -31.36%
Other Income/Expense, Net $5.300M $4.396M $2.400M
YoY Change 103.85% -4496.0% -2500.0%
Pretax Income $23.40M $25.47M $38.10M
YoY Change -9.3% 41.48% 126.79%
Income Tax $300.0K $154.0K
% Of Pretax Income 1.28% 0.6%
Net Earnings $23.20M $25.34M $37.48M
YoY Change -7.57% 40.29% 122.6%
Net Earnings / Revenue 37.54% 40.91% 50.47%
Basic Earnings Per Share $0.35 $0.53
Diluted Earnings Per Share $353.1K $0.35 $0.53
COMMON SHARES
Basic Shares Outstanding 65.26M shares 65.31M shares 65.30M shares
Diluted Shares Outstanding 65.59M shares 65.50M shares

Balance Sheet

Concept 2016 Q4 2016 Q3 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $25.70M $19.70M $103.9M
YoY Change 247.3% -37.46% 1631.67%
Cash & Equivalents $25.66M $19.67M $103.9M
Short-Term Investments
Other Short-Term Assets $125.3M $116.4M $111.5M
YoY Change 12.08% -5.83% -0.71%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $151.0M $136.1M $215.4M
YoY Change 26.68% -12.25% 82.08%
LONG-TERM ASSETS
Property, Plant & Equipment $2.010B $2.000B $1.909B
YoY Change -1.46% 1.27% -1.3%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $9.000M $9.200M $9.000M
YoY Change -8.16% 12.2% 26.76%
Total Long-Term Assets $2.115B $2.103B $2.038B
YoY Change -9.99% -7.36% -8.18%
TOTAL ASSETS
Total Short-Term Assets $151.0M $136.1M $215.4M
Total Long-Term Assets $2.115B $2.103B $2.038B
Total Assets $2.266B $2.239B $2.253B
YoY Change -8.22% -7.67% -3.61%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $39.60M $38.20M $36.60M
YoY Change 12.5% 40.96% 19.61%
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 $39.60M $38.20M $36.60M
YoY Change 12.5% 40.96% 19.61%
LONG-TERM LIABILITIES
Long-Term Debt $1.211B $1.187B $1.200B
YoY Change -12.26% -11.33% -2.95%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $1.211B $1.187B $1.200B
YoY Change -12.26% -11.33% -2.95%
TOTAL LIABILITIES
Total Short-Term Liabilities $39.60M $38.20M $36.60M
Total Long-Term Liabilities $1.211B $1.187B $1.200B
Total Liabilities $1.250B $1.226B $1.236B
YoY Change -11.64% -10.3% -2.41%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $653.0K $653.0K $653.0K
YoY Change 0.15% 0.31% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.016B $1.014B $1.017B
YoY Change
Total Liabilities & Shareholders Equity $2.266B $2.239B $2.253B
YoY Change -8.22% -7.67% -3.61%

Cashflow Statement

Concept 2016 Q4 2016 Q3 2016 Q2
OPERATING ACTIVITIES
Net Income $23.20M $25.34M $37.48M
YoY Change -7.57% 40.29% 122.6%
Depreciation, Depletion And Amortization $17.20M $17.10M $16.41M
YoY Change -4.97% 4.88% 13.16%
Cash From Operating Activities $42.10M $39.30M $69.80M
YoY Change 0.24% 41.37% 162.41%
INVESTING ACTIVITIES
Capital Expenditures -$44.00M -$109.6M $0.00
YoY Change -41.1% 29.4% -100.0%
Acquisitions
YoY Change
Other Investing Activities $12.70M $27.20M $254.0M
YoY Change -207.63% 907.41% -2115.87%
Cash From Investing Activities -$31.20M -$82.40M $254.0M
YoY Change -63.93% 0.49% -180.76%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.000M -41.70M -229.1M
YoY Change -124.27% -152.32% -179.03%
NET CHANGE
Cash From Operating Activities 42.10M 39.30M 69.80M
Cash From Investing Activities -31.20M -82.40M 254.0M
Cash From Financing Activities -5.000M -41.70M -229.1M
Net Change In Cash 5.900M -84.80M 94.70M
YoY Change -124.69% -432.55% 4635.0%
FREE CASH FLOW
Cash From Operating Activities $42.10M $39.30M $69.80M
Capital Expenditures -$44.00M -$109.6M $0.00
Free Cash Flow $86.10M $148.9M $69.80M
YoY Change -26.22% 32.36% -78.75%

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CY2016Q3 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2015Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.24
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.76
CY2016Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.60
CY2015Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.24
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.76
CY2016Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-231000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
772000 USD
CY2015Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
97840000 USD
CY2016Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
85423000 USD
CY2015Q3 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
-3838000 USD
us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
-2115000 USD
CY2016Q3 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
1451000 USD
us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
-3203000 USD
CY2015Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-556000 USD
CY2015Q3 us-gaap General And Administrative Expense
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3547000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19270000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
6171000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
15521000 USD
CY2015Q3 us-gaap Impairment Of Real Estate
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0 USD
us-gaap Impairment Of Real Estate
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0 USD
CY2016Q3 us-gaap Impairment Of Real Estate
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0 USD
us-gaap Impairment Of Real Estate
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29811000 USD
CY2015Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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18034000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
54299000 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
25312000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
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47035000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-2410000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15035000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1381000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
3078000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
2820000 USD
CY2015Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
237885 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
223612 shares
CY2016Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
279140 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
184998 shares
CY2015Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
15176000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
43108000 USD
CY2016Q3 us-gaap Interest Expense Debt
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15794000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
49139000 USD
us-gaap Interest Paid
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43405000 USD
us-gaap Interest Paid
InterestPaid
49009000 USD
CY2015Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
13300000 USD
CY2016Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9600000 USD
CY2016Q3 us-gaap Investment Owned Balance Principal Amount
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97065000 USD
CY2015Q4 us-gaap Investments
Investments
300177000 USD
CY2016Q3 us-gaap Investments
Investments
94466000 USD
CY2015Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2016Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
us-gaap Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
0 USD
us-gaap Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
0 USD
CY2015Q4 us-gaap Land
Land
221894000 USD
CY2016Q3 us-gaap Land
Land
220900000 USD
CY2015Q4 us-gaap Land Improvements
LandImprovements
3594000 USD
CY2016Q3 us-gaap Land Improvements
LandImprovements
3888000 USD
CY2015Q4 us-gaap Liabilities
Liabilities
1414961000 USD
CY2016Q3 us-gaap Liabilities
Liabilities
1225534000 USD
CY2015Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2468837000 USD
CY2016Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2239421000 USD
CY2015Q4 us-gaap Line Of Credit
LineOfCredit
255000000 USD
CY2016Q3 us-gaap Line Of Credit
LineOfCredit
0 USD
CY2015Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
4300000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
3120000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
54471000 USD
CY2015Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
270184000 USD
CY2016Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
51493000 USD
CY2015Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
264229000 USD
CY2016Q3 us-gaap Loans Payable To Bank
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337641000 USD
CY2015Q4 us-gaap Loans Receivable Net
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274484000 USD
CY2016Q3 us-gaap Loans Receivable Net
LoansReceivableNet
54613000 USD
CY2016Q3 us-gaap Long Term Debt
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1187378000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1186740000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
4568000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
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4420000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
4277000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4139000 USD
CY2016Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1013000 USD
CY2015Q4 us-gaap Minority Interest
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106000 USD
CY2016Q3 us-gaap Minority Interest
MinorityInterest
40000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
293477000 USD
us-gaap Net Cash Provided By Used In Financing Activities
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-295901000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-402681000 USD
us-gaap Net Cash Provided By Used In Investing Activities
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173553000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
79115000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
133816000 USD
CY2015Q3 us-gaap Net Income Loss
NetIncomeLoss
18061000 USD
us-gaap Net Income Loss
NetIncomeLoss
54346000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
25337000 USD
us-gaap Net Income Loss
NetIncomeLoss
47101000 USD
CY2015Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-27000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-47000 USD
CY2016Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-25000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-66000 USD
CY2015Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
15500000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46664000 USD
CY2016Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
22776000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
39419000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
19677000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 acquisition
CY2015Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
444000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1442000 USD
CY2016Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1404000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
4256000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
2243614000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
52272000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
230351000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
224207000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
217914000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
212373000 USD
CY2016Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
1306497000 USD
CY2015Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
53173000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
152574000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
56833000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
167442000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
970000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
375000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-500000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-749000 USD
CY2015Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-811000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-4095000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-102000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
1596000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
901000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
9281000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
6845000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2049000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-343000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-549000 USD
CY2015Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-100000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-300000 USD
CY2016Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2945000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
5345000 USD
us-gaap Payments For Proceeds From Loans Receivable
PaymentsForProceedsFromLoansReceivable
-196100000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
80619000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
89283000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
1314000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5933000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
26207000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
9478000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
386572000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
109619000 USD
us-gaap Preferred Stock Amount Of Preferred Dividends In Arrears
PreferredStockAmountOfPreferredDividendsInArrears
0 USD
CY2013Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.07125
CY2015Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7682000 USD
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7682000 USD
CY2015Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2013Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2015Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2015Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2016Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5800000 shares
CY2015Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2016Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2015Q4 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2016Q3 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
170800000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
3285000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
214947000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
us-gaap Proceeds From Interest Received
ProceedsFromInterestReceived
25300000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
139617000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-1289000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
138300000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
28735000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Payments For Other Financing Activities
ProceedsFromPaymentsForOtherFinancingActivities
0 USD
us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
5240000 USD
us-gaap Proceeds From Previous Acquisition
ProceedsFromPreviousAcquisition
0 USD
CY2015Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2277457000 USD
CY2016Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2272731000 USD
CY2015Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2039616000 USD
CY2016Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
1999778000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
136000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-255000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
15752000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
85449000 USD
CY2015Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2489000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
6605000 USD
CY2016Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
540000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3286000 USD
CY2015Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
237841000 USD
CY2016Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
272953000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2184000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
13756000 USD
CY2015Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9813000 USD
CY2016Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9150000 USD
CY2015Q3 us-gaap Revenues
Revenues
59934000 USD
us-gaap Revenues
Revenues
172092000 USD
CY2016Q3 us-gaap Revenues
Revenues
61927000 USD
us-gaap Revenues
Revenues
198735000 USD
CY2013Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
25.00
CY2015Q4 us-gaap Secured Debt
SecuredDebt
174846000 USD
CY2016Q3 us-gaap Secured Debt
SecuredDebt
162130000 USD
CY2015Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
1300000 USD
CY2016Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
2100000 USD
CY2015Q4 us-gaap Senior Notes
SeniorNotes
700000000 USD
CY2016Q3 us-gaap Senior Notes
SeniorNotes
700000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
5389000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6137000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
1100000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
725000 USD
CY2015Q4 us-gaap Stockholders Equity
StockholdersEquity
1053770000 USD
CY2016Q3 us-gaap Stockholders Equity
StockholdersEquity
1013847000 USD
CY2014Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
941823000 USD
CY2015Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1059244000 USD
CY2015Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1053876000 USD
CY2016Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1013887000 USD
us-gaap Straight Line Rent
StraightLineRent
18272000 USD
us-gaap Straight Line Rent
StraightLineRent
16710000 USD
CY2015Q3 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-1781000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-4470000 USD
CY2016Q3 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
398000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-1300000 USD
CY2015Q4 us-gaap Unsecured Debt
UnsecuredDebt
685704000 USD
CY2016Q3 us-gaap Unsecured Debt
UnsecuredDebt
687607000 USD
CY2015Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65398175 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61468603 shares
CY2016Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65591428 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65470589 shares
CY2015Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65160290 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61244991 shares
CY2016Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65312288 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65285591 shares
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-indent:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the Company&#8217;s condensed consolidated financial statements for prior periods have been reclassified to conform to the current period presentation. These reclassifications have not changed the results of operations of prior periods. As a result, certain reclassifications were made to the condensed consolidated balance sheets and condensed consolidated statements of income.</font></div></div>
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:32px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The preparation of the condensed consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported in the condensed consolidated financial statements and accompanying notes. Actual results could materially differ from those estimates.</font></div></div>

Files In Submission

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