2018 Q2 Form 10-Q Financial Statement

#000149229818000027 Filed on August 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q2 2017 Q2
Revenue $166.3M $64.74M
YoY Change 156.91% -12.81%
Cost Of Revenue $12.30M $4.400M
YoY Change 179.55% 214.29%
Gross Profit $154.0M $60.30M
YoY Change 155.39% -17.17%
Gross Profit Margin 92.6% 93.15%
Selling, General & Admin $8.600M $5.700M
YoY Change 50.88% 39.02%
% of Gross Profit 5.58% 9.45%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $46.83M $17.22M
YoY Change 171.94% 4.97%
% of Gross Profit 30.41% 28.56%
Operating Expenses $55.40M $22.80M
YoY Change 142.98% 11.22%
Operating Profit $98.60M $37.50M
YoY Change 162.93% -28.3%
Interest Expense -$39.10M -$15.90M
YoY Change 145.91% -3.05%
% of Operating Profit -39.66% -42.4%
Other Income/Expense, Net $142.9M $4.973M
YoY Change 2773.58% 107.21%
Pretax Income $203.7M $20.67M
YoY Change 885.59% -45.74%
Income Tax $605.0K $136.0K
% Of Pretax Income 0.3% 0.66%
Net Earnings $200.8M $20.52M
YoY Change 878.49% -45.24%
Net Earnings / Revenue 120.73% 31.7%
Basic Earnings Per Share $1.09 $0.27
Diluted Earnings Per Share $1.08 $0.27
COMMON SHARES
Basic Shares Outstanding 178.3M shares 65.44M shares
Diluted Shares Outstanding 178.7M shares 65.67M shares

Balance Sheet

Concept 2018 Q2 2017 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $38.80M $13.20M
YoY Change 193.94% -87.3%
Cash & Equivalents $38.81M $13.24M
Short-Term Investments
Other Short-Term Assets $141.2M
YoY Change 26.64%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $197.3M $154.4M
YoY Change 27.78% -28.32%
LONG-TERM ASSETS
Property, Plant & Equipment $5.994B $1.996B
YoY Change 200.3% 4.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $349.0M
YoY Change
Other Assets $186.8M $9.400M
YoY Change 1887.23% 4.44%
Total Long-Term Assets $6.831B $2.100B
YoY Change 225.35% 3.02%
TOTAL ASSETS
Total Short-Term Assets $197.3M $154.4M
Total Long-Term Assets $6.831B $2.100B
Total Assets $7.028B $2.254B
YoY Change 211.81% 0.03%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $105.3M $37.10M
YoY Change 183.83% 1.37%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $105.3M $37.10M
YoY Change 183.83% 1.37%
LONG-TERM LIABILITIES
Long-Term Debt $3.424B $1.220B
YoY Change 180.62% 1.68%
Other Long-Term Liabilities $91.10M
YoY Change
Total Long-Term Liabilities $3.515B $1.220B
YoY Change 188.08% 1.68%
TOTAL LIABILITIES
Total Short-Term Liabilities $105.3M $37.10M
Total Long-Term Liabilities $3.515B $1.220B
Total Liabilities $3.620B $1.257B
YoY Change 187.95% 1.68%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $1.783M $654.0K
YoY Change 172.63% 0.15%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $3.404B $996.7M
YoY Change
Total Liabilities & Shareholders Equity $7.028B $2.254B
YoY Change 211.81% 0.03%

Cashflow Statement

Concept 2018 Q2 2017 Q2
OPERATING ACTIVITIES
Net Income $200.8M $20.52M
YoY Change 878.49% -45.24%
Depreciation, Depletion And Amortization $46.83M $17.22M
YoY Change 171.94% 4.97%
Cash From Operating Activities $110.0M $22.70M
YoY Change 384.58% -67.48%
INVESTING ACTIVITIES
Capital Expenditures -$42.00M -$14.50M
YoY Change 189.66%
Acquisitions
YoY Change
Other Investing Activities $261.5M $9.100M
YoY Change 2773.63% -96.42%
Cash From Investing Activities $219.5M -$5.300M
YoY Change -4241.51% -102.09%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -161.8M -16.80M
YoY Change 863.1% -92.67%
NET CHANGE
Cash From Operating Activities 110.0M 22.70M
Cash From Investing Activities 219.5M -5.300M
Cash From Financing Activities -161.8M -16.80M
Net Change In Cash 167.7M 600.0K
YoY Change 27850.0% -99.37%
FREE CASH FLOW
Cash From Operating Activities $110.0M $22.70M
Capital Expenditures -$42.00M -$14.50M
Free Cash Flow $152.0M $37.20M
YoY Change 308.6% -46.7%

Facts In Submission

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37865000 USD
CY2017Q4 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2018Q2 us-gaap Derivative Fair Value Of Derivative Liability
DerivativeFairValueOfDerivativeLiability
0 USD
CY2017Q4 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2018Q2 us-gaap Derivative Liabilities
DerivativeLiabilities
0 USD
CY2017Q4 us-gaap Derivative Liability Fair Value Gross Asset
DerivativeLiabilityFairValueGrossAsset
0 USD
CY2018Q2 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
CY2018Q2 us-gaap Derivative Liability Fair Value Offset Against Collateral Net Of Not Subject To Master Netting Arrangement Policy Election
DerivativeLiabilityFairValueOffsetAgainstCollateralNetOfNotSubjectToMasterNettingArrangementPolicyElection
0 USD
us-gaap Dividends Common Stock
DividendsCommonStock
56099000 USD
us-gaap Dividends Common Stock
DividendsCommonStock
161065000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
5121000 USD
us-gaap Dividends Preferred Stock Cash
DividendsPreferredStockCash
4267000 USD
CY2017Q4 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2018Q2 us-gaap Due From Affiliates
DueFromAffiliates
0 USD
CY2017Q4 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2018Q2 us-gaap Due To Affiliate Current And Noncurrent
DueToAffiliateCurrentAndNoncurrent
0 USD
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.27
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.52
CY2018Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.09
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.42
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.27
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.52
CY2018Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.08
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.42
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
130000 USD
us-gaap Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
-252000 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
0 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
3610000 USD
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
0 USD
CY2018Q2 us-gaap Equity Method Investments
EquityMethodInvestments
348950000 USD
CY2018Q2 us-gaap Financing Receivable Recorded Investment90 Days Past Due And Still Accruing
FinancingReceivableRecordedInvestment90DaysPastDueAndStillAccruing
10600000 USD
us-gaap Impairment Of Real Estate
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1413000 USD
CY2018Q2 us-gaap Fixtures And Equipment Gross
FixturesAndEquipmentGross
236838000 USD
CY2017Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4032000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
4032000 USD
CY2018Q2 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
142903000 USD
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
142431000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5126000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11215000 USD
CY2018Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
9271000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17138000 USD
CY2017Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
0 USD
CY2018Q2 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
881000 USD
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
1400000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
20672000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
39683000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
203741000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
266286000 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
20536000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
39327000 USD
CY2018Q2 us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
200789000 USD
us-gaap Income Loss From Continuing Operations Including Portion Attributable To Noncontrolling Interest
IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
263270000 USD
CY2017Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
0 USD
CY2018Q2 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-2347000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
-1901000 USD
CY2017Q2 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2018Q2 us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
us-gaap Income Loss From Subsidiaries Before Tax
IncomeLossFromSubsidiariesBeforeTax
0 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
136000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
356000 USD
CY2018Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
605000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1115000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-1314000 USD
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8006000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
15575000 USD
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
2130000 USD
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
232114 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
297873 shares
CY2018Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
369274 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
296056 shares
CY2017Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
2027000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
3972000 USD
CY2018Q2 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
4553000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
8891000 USD
CY2017Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
15862000 USD
CY2017Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
15900000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
31650000 USD
CY2018Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
36800000 USD
CY2018Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
36757000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
72600000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
72575000 USD
us-gaap Interest Paid
InterestPaid
28944000 USD
us-gaap Interest Paid
InterestPaid
67793000 USD
CY2017Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
24700000 USD
CY2018Q2 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
24500000 USD
CY2018Q2 us-gaap Investment Owned Balance Principal Amount
InvestmentOwnedBalancePrincipalAmount
131543000 USD
CY2017Q4 us-gaap Investments
Investments
114390000 USD
CY2018Q2 us-gaap Investments
Investments
107228000 USD
CY2017Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2018Q2 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2017Q4 us-gaap Land
Land
649095000 USD
CY2018Q2 us-gaap Land
Land
642945000 USD
CY2017Q4 us-gaap Land Improvements
LandImprovements
3456000 USD
CY2018Q2 us-gaap Land Improvements
LandImprovements
1971000 USD
CY2017Q4 us-gaap Liabilities
Liabilities
3595028000 USD
CY2018Q2 us-gaap Liabilities
Liabilities
3620219000 USD
CY2017Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7032277000 USD
CY2018Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7028144000 USD
CY2017Q4 us-gaap Line Of Credit
LineOfCredit
641000000 USD
CY2018Q2 us-gaap Line Of Credit
LineOfCredit
676000000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
97000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Allowance
LoansAndLeasesReceivableAllowance
356000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
91280000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Gross Carrying Amount
LoansAndLeasesReceivableGrossCarryingAmount
80687000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
66004000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Net Of Deferred Income
LoansAndLeasesReceivableNetOfDeferredIncome
56236000 USD
CY2017Q4 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
65907000 USD
CY2018Q2 us-gaap Loans And Leases Receivable Net Reported Amount
LoansAndLeasesReceivableNetReportedAmount
55880000 USD
CY2017Q4 us-gaap Loans Payable To Bank
LoansPayableToBank
1190774000 USD
CY2018Q2 us-gaap Loans Payable To Bank
LoansPayableToBank
1187398000 USD
CY2018Q2 us-gaap Long Term Debt
LongTermDebt
3423807000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
922595000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
999448000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
1195757000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
204568000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
102920000 USD
CY2018Q2 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
2156000 USD
CY2017Q4 us-gaap Minority Interest
MinorityInterest
4442000 USD
us-gaap Proceeds From Issuance Of Common Stock
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-499000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-16000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
2000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
12000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-51000 USD
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
6099000 USD
CY2018Q2 us-gaap Minority Interest
MinorityInterest
4382000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
72000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-60088000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-276197000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-6341000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-296899000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
54282000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
211553000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
20520000 USD
us-gaap Net Income Loss
NetIncomeLoss
39343000 USD
CY2018Q2 us-gaap Net Income Loss
NetIncomeLoss
200787000 USD
us-gaap Net Income Loss
NetIncomeLoss
263258000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
16000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-16000 USD
CY2018Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
12000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
17960000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
34222000 USD
CY2018Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
193580000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
253490000 USD
CY2017Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
4407000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
6827000 USD
CY2018Q2 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
12299000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
24423000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
5429464000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
260307000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
512680000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
520553000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
522304000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
529844000 USD
CY2018Q2 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
3083776000 USD
CY2017Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
55904000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
113128000 USD
CY2018Q2 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
144229000 USD
us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
288484000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
97000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
825000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
3338000 USD
us-gaap Other Comprehensive Income Loss Cash Flow Hedge Gain Loss After Reclassification And Tax
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
13236000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
698000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
140000 USD
CY2018Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
261000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-113000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
965000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
12328000 USD
CY2017Q2 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
16000 USD
CY2013Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
138300000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
35000000 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
6000000 USD
us-gaap Proceeds From Repayments Of Lines Of Credit
ProceedsFromRepaymentsOfLinesOfCredit
35000000 USD
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
1174000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
4973000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
7102000 USD
CY2018Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
142903000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
145251000 USD
CY2017Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
941000 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
3070000 USD
CY2018Q2 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
0 USD
us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
2820000 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
0 USD
us-gaap Payments For Repurchase Of Redeemable Preferred Stock
PaymentsForRepurchaseOfRedeemablePreferredStock
143750000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
60691000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
164736000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
124000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
12000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
-3224000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
2600000 USD
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
200000 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
0 USD
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
354461000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
1294000 USD
us-gaap Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
16817000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
76000 USD
us-gaap Payments To Acquire Investments
PaymentsToAcquireInvestments
945000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
927000 USD
us-gaap Payments To Acquire Notes Receivable
PaymentsToAcquireNotesReceivable
28157000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
14456000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
213982000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
72000 USD
CY2013Q1 us-gaap Preferred Stock Dividend Rate Percentage
PreferredStockDividendRatePercentage
0.07125
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2560000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
5121000 USD
CY2018Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
7207000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
9768000 USD
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2018Q2 us-gaap Preferred Stock Per Share Amounts Of Preferred Dividends In Arrears
PreferredStockPerShareAmountsOfPreferredDividendsInArrears
0.4453125
CY2018Q2 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2018Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
10000000 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000 shares
CY2013Q1 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
5750000.00 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
5750000 shares
CY2017Q4 us-gaap Preferred Stock Value
PreferredStockValue
58000 USD
CY2018Q2 us-gaap Preferred Stock Value
PreferredStockValue
0 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
1547000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
38887000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2049000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2128000 USD
CY2018Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
178314750 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
178304733 shares
us-gaap Proceeds From Sale Of Productive Assets
ProceedsFromSaleOfProductiveAssets
278201000 USD
CY2017Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
535000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2305000 USD
CY2018Q2 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
-674000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
539000 USD
CY2017Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
340423000 USD
CY2018Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
377159000 USD
CY2017Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6334855000 USD
CY2018Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6370841000 USD
CY2017Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5994432000 USD
CY2018Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5993682000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
68817000 USD
CY2018Q2 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
186845000 USD
CY2017Q2 us-gaap Revenues
Revenues
64736000 USD
us-gaap Revenues
Revenues
127386000 USD
CY2018Q2 us-gaap Revenues
Revenues
166312000 USD
us-gaap Revenues
Revenues
332398000 USD
CY2013Q1 us-gaap Sale Of Stock Price Per Share
SaleOfStockPricePerShare
25.00
CY2017Q4 us-gaap Secured Debt
SecuredDebt
256430000 USD
CY2018Q2 us-gaap Secured Debt
SecuredDebt
253567000 USD
CY2017Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
20300000 USD
CY2018Q2 us-gaap Security Deposit Liability
SecurityDepositLiability
17900000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
4319000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
3839000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-2814000 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-202000 USD
us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
143750000 USD
CY2017Q4 us-gaap Stockholders Equity
StockholdersEquity
3432807000 USD
CY2018Q2 us-gaap Stockholders Equity
StockholdersEquity
3403543000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1015609000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
996715000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3437249000 USD
CY2018Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
3407925000 USD
us-gaap Straight Line Rent
StraightLineRent
9578000 USD
us-gaap Straight Line Rent
StraightLineRent
23752000 USD
CY2017Q4 us-gaap Unsecured Debt
UnsecuredDebt
1306286000 USD
CY2018Q2 us-gaap Unsecured Debt
UnsecuredDebt
1306842000 USD
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65670853 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
65694019 shares
CY2018Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178684024 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
178600789 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65438739 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
65396146 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:30px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain amounts in the Company&#8217;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 statements of income and condensed consolidated statements of cash flows.</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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