2017 Q4 Form 10-Q Financial Statement

#000149229817000043 Filed on November 01, 2017

View on sec.gov

Income Statement

Concept 2017 Q4 2017 Q3 2016 Q3
Revenue $169.1M $111.8M $61.93M
YoY Change 173.62% 80.52% 3.33%
Cost Of Revenue $5.900M $5.100M $1.400M
YoY Change 321.43% 264.29%
Gross Profit $163.2M $106.7M $60.50M
YoY Change 170.65% 76.36%
Gross Profit Margin 96.51% 95.45% 97.7%
Selling, General & Admin $17.90M $18.10M $5.500M
YoY Change 179.69% 229.09% -15.38%
% of Gross Profit 10.97% 16.96% 9.09%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $51.60M $25.93M $17.10M
YoY Change 200.0% 51.64% 4.88%
% of Gross Profit 31.62% 24.3% 28.27%
Operating Expenses $69.60M $43.90M $22.60M
YoY Change 193.67% 94.25% -0.88%
Operating Profit $93.60M $62.80M $37.90M
YoY Change 155.74% 65.7%
Interest Expense -$32.20M -$24.60M -$15.80M
YoY Change 105.1% 55.7% 3.95%
% of Operating Profit -34.4% -39.17% -41.69%
Other Income/Expense, Net -$2.600M $80.00K $4.396M
YoY Change -149.06% -98.18% -4496.0%
Pretax Income $104.5M $14.87M $25.47M
YoY Change 346.58% -41.59% 41.48%
Income Tax $500.0K -$195.0K $154.0K
% Of Pretax Income 0.48% -1.31% 0.6%
Net Earnings $103.9M $15.10M $25.34M
YoY Change 347.84% -40.42% 40.29%
Net Earnings / Revenue 61.44% 13.5% 40.91%
Basic Earnings Per Share $0.11 $0.35
Diluted Earnings Per Share $580.1K $0.11 $0.35
COMMON SHARES
Basic Shares Outstanding 178.2M shares 112.1M shares 65.31M shares
Diluted Shares Outstanding 112.4M shares 65.59M shares

Balance Sheet

Concept 2017 Q4 2017 Q3 2016 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $518.6M $30.90M $19.70M
YoY Change 1917.9% 56.85% -37.46%
Cash & Equivalents $518.6M $30.87M $19.67M
Short-Term Investments
Other Short-Term Assets $116.4M
YoY Change -5.83%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $661.6M $190.5M $136.1M
YoY Change 338.15% 39.97% -12.25%
LONG-TERM ASSETS
Property, Plant & Equipment $5.994B $5.973B $2.000B
YoY Change 198.24% 198.67% 1.27%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $0.00
YoY Change
Other Assets $68.80M $12.50M $9.200M
YoY Change 664.44% 35.87% 12.2%
Total Long-Term Assets $6.371B $6.398B $2.103B
YoY Change 201.23% 204.18% -7.36%
TOTAL ASSETS
Total Short-Term Assets $661.6M $190.5M $136.1M
Total Long-Term Assets $6.371B $6.398B $2.103B
Total Assets $7.032B $6.588B $2.239B
YoY Change 210.35% 194.2% -7.67%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $102.5M $116.1M $38.20M
YoY Change 158.84% 203.93% 40.96%
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 $102.5M $116.1M $38.20M
YoY Change 158.84% 203.93% 40.96%
LONG-TERM LIABILITIES
Long-Term Debt $3.395B $3.006B $1.187B
YoY Change 180.37% 153.12% -11.33%
Other Long-Term Liabilities $98.00M $94.90M
YoY Change
Total Long-Term Liabilities $3.493B $3.100B $1.187B
YoY Change 188.47% 161.11% -11.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $102.5M $116.1M $38.20M
Total Long-Term Liabilities $3.493B $3.100B $1.187B
Total Liabilities $3.595B $3.216B $1.226B
YoY Change 187.53% 162.46% -10.3%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.783M $1.758M $653.0K
YoY Change 173.05% 169.22% 0.31%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.433B $3.369B $1.014B
YoY Change
Total Liabilities & Shareholders Equity $7.032B $6.588B $2.239B
YoY Change 210.35% 194.2% -7.67%

Cashflow Statement

Concept 2017 Q4 2017 Q3 2016 Q3
OPERATING ACTIVITIES
Net Income $103.9M $15.10M $25.34M
YoY Change 347.84% -40.42% 40.29%
Depreciation, Depletion And Amortization $51.60M $25.93M $17.10M
YoY Change 200.0% 51.64% 4.88%
Cash From Operating Activities $82.50M -$1.000M $39.30M
YoY Change 95.96% -102.54% 41.37%
INVESTING ACTIVITIES
Capital Expenditures -$26.80M -$378.6M -$109.6M
YoY Change -39.09% 245.44% 29.4%
Acquisitions
YoY Change
Other Investing Activities $147.4M $81.80M $27.20M
YoY Change 1060.63% 200.74% 907.41%
Cash From Investing Activities $120.5M -$296.8M -$82.40M
YoY Change -486.22% 260.19% 0.49%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 341.0M 317.9M -41.70M
YoY Change -6920.0% -862.35% -152.32%
NET CHANGE
Cash From Operating Activities 82.50M -1.000M 39.30M
Cash From Investing Activities 120.5M -296.8M -82.40M
Cash From Financing Activities 341.0M 317.9M -41.70M
Net Change In Cash 544.0M 20.10M -84.80M
YoY Change 9120.34% -123.7% -432.55%
FREE CASH FLOW
Cash From Operating Activities $82.50M -$1.000M $39.30M
Capital Expenditures -$26.80M -$378.6M -$109.6M
Free Cash Flow $109.3M $377.6M $148.9M
YoY Change 26.95% 153.59% 32.36%

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0.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.60
CY2017Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.11
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.57
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
772000 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
758000 USD
CY2016Q4 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
85196000 USD
CY2017Q3 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
234901000 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
CY2017Q3 us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
582000 USD
us-gaap Gain Loss On Sale Of Properties Net Of Applicable Income Taxes
GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes
4614000 USD
CY2016Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-556000 USD
CY2017Q3 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-553000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-553000 USD
CY2016Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
4966000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
13513000 USD
CY2017Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
12944000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
24159000 USD
CY2016Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
29811000 USD
CY2017Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2016Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
25466000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
47821000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
14874000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
54557000 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
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
47035000 USD
CY2017Q3 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
15069000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
54396000 USD
CY2016Q3 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2017Q3 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2016Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
154000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
786000 USD
CY2017Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-195000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
161000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
6217000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-53570000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1381000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
5752000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
2820000 USD
us-gaap Increase Decrease In Restricted Cash For Operating Activities
IncreaseDecreaseInRestrictedCashForOperatingActivities
5036000 USD
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
CY2017Q3 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
268462 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
278198 shares
CY2016Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3157000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
25482000 USD
CY2017Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4090000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
8062000 USD
CY2016Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
15794000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
49139000 USD
CY2017Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
24568000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
56218000 USD
us-gaap Interest Paid
InterestPaid
49009000 USD
us-gaap Interest Paid
InterestPaid
48836000 USD
CY2016Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
13800000 USD
CY2017Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
15400000 USD
CY2017Q3 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
181174000 USD
CY2016Q4 us-gaap Investments
Investments
96036000 USD
CY2017Q3 us-gaap Investments
Investments
149766000 USD
CY2016Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2017Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2016Q4 us-gaap Land
Land
220042000 USD
CY2017Q3 us-gaap Land
Land
660438000 USD
us-gaap Investments In And Advances To Affiliates At Fair Value Period Increase Decrease
InvestmentsInAndAdvancesToAffiliatesAtFairValuePeriodIncreaseDecrease
0 USD
CY2016Q4 us-gaap Land Improvements
LandImprovements
3744000 USD
CY2017Q3 us-gaap Land Improvements
LandImprovements
3563000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
1250310000 USD
CY2017Q3 us-gaap Liabilities
Liabilities
3216478000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
2265919000 USD
CY2017Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6588307000 USD
CY2016Q4 us-gaap Line Of Credit
LineOfCredit
26000000 USD
CY2017Q3 us-gaap Line Of Credit
LineOfCredit
251000000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
2750000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
6211000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
129341000 USD
CY2016Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
50846000 USD
CY2017Q3 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
97478000 USD
CY2016Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
335673000 USD
CY2017Q3 us-gaap Loans Payable To Bank
LoansPayableToBank
1190887000 USD
CY2016Q4 us-gaap Loans Receivable Net
LoansReceivableNet
53596000 USD
CY2017Q3 us-gaap Loans Receivable Net
LoansReceivableNet
103689000 USD
CY2017Q3 us-gaap Long Term Debt
LongTermDebt
3005454000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1927105000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
771587000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
204598000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
102948000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
4304000 USD
CY2017Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
1054000 USD
CY2016Q4 us-gaap Minority Interest
MinorityInterest
35000 USD
CY2017Q3 us-gaap Minority Interest
MinorityInterest
2726000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-295901000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
257803000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
173553000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-303122000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
133816000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
49771000 USD
CY2016Q3 us-gaap Net Income Loss
NetIncomeLoss
25337000 USD
us-gaap Net Income Loss
NetIncomeLoss
47101000 USD
CY2017Q3 us-gaap Net Income Loss
NetIncomeLoss
15095000 USD
us-gaap Net Income Loss
NetIncomeLoss
54438000 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
CY2017Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-26000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-42000 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
CY2017Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12534000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
46756000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
3233000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
1751373000 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
0 USD
us-gaap Noncash Or Part Noncash Acquisition Net Nonmonetary Assets Acquired Liabilities Assumed1
NoncashOrPartNoncashAcquisitionNetNonmonetaryAssetsAcquiredLiabilitiesAssumed1
3726093000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
2733000 USD
CY2016Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
1404000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
4256000 USD
CY2017Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
5102000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
11929000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
6019188000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
146223000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
582633000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
592748000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
599100000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
590222000 USD
CY2017Q3 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
3508262000 USD
CY2016Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
56833000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
167442000 USD
CY2017Q3 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
100145000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
213273000 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
CY2017Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
412000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
552000 USD
CY2016Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-102000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-2049000 USD
CY2017Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5069000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
6034000 USD
CY2016Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
0 USD
CY2017Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
400000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodTax
600000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-549000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
137000 USD
CY2016Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4396000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1586000 USD
CY2017Q3 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
80000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7182000 USD
CY2016Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2945000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
5345000 USD
CY2017Q3 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
51000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
3121000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
89283000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
86813000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
5933000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
15316000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
901000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
6845000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
2713000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
9478000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
5642000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
109619000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
393064000 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
CY2016Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7682000 USD
CY2017Q3 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2561000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7682000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q3 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
CY2016Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2017Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5800000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2017Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2017Q3 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2016Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
99029000 USD
CY2017Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
159577000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
214947000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
8710000 USD
us-gaap Proceeds From Contributions From Parent
ProceedsFromContributionsFromParent
0 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-1289000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
319026000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
138300000 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 Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-255000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
-137000000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
85449000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
11723000 USD
CY2016Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
540000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3286000 USD
CY2017Q3 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
5149000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
7454000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
282812000 USD
CY2017Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
336689000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
2292751000 USD
CY2017Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6309474000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
2009939000 USD
CY2017Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5972785000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
13756000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
3094000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9002000 USD
CY2017Q3 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
12489000 USD
CY2016Q3 us-gaap Revenues
Revenues
61927000 USD
us-gaap Revenues
Revenues
198735000 USD
CY2017Q3 us-gaap Revenues
Revenues
111789000 USD
us-gaap Revenues
Revenues
239175000 USD
CY2013Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
25.00
CY2016Q4 us-gaap Secured Debt
SecuredDebt
160752000 USD
CY2017Q3 us-gaap Secured Debt
SecuredDebt
257571000 USD
CY2016Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
2700000 USD
CY2017Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
35600000 USD
CY2016Q4 us-gaap Senior Notes
SeniorNotes
700000000 USD
CY2017Q3 us-gaap Senior Notes
SeniorNotes
1300000000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
6137000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
8329000 USD
us-gaap Shares Paid For Tax Withholding For Share Based Compensation
SharesPaidForTaxWithholdingForShareBasedCompensation
2800000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
725000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
1015574000 USD
CY2017Q3 us-gaap Stockholders Equity
StockholdersEquity
3369103000 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
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1015609000 USD
CY2017Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3371829000 USD
us-gaap Straight Line Rent
StraightLineRent
16710000 USD
us-gaap Straight Line Rent
StraightLineRent
18260000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
10100000 USD
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 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
CY2017Q3 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
4657000 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
5482000 USD
CY2016Q4 us-gaap Unsecured Debt
UnsecuredDebt
688246000 USD
CY2017Q3 us-gaap Unsecured Debt
UnsecuredDebt
1305996000 USD
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
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
112418100 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
81429044 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
CY2017Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
112149638 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
81150846 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;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;padding-top:12px;text-indent:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the Company's 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>

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