2017 Q2 Form 10-Q Financial Statement

#000091259317000100 Filed on July 27, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2016 Q2
Revenue $237.9M $190.8M
YoY Change 24.69% 14.98%
Cost Of Revenue $100.6M $76.50M
YoY Change 31.5% 14.86%
Gross Profit $137.3M $114.3M
YoY Change 20.12% 15.11%
Gross Profit Margin 57.71% 59.91%
Selling, General & Admin $22.89M $19.00M
YoY Change 20.45% 31.57%
% of Gross Profit 16.67% 16.63%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $62.72M $49.67M
YoY Change 26.28% 19.94%
% of Gross Profit 45.68% 43.46%
Operating Expenses $22.89M $19.00M
YoY Change 20.45% 31.57%
Operating Profit $131.2M $108.5M
YoY Change 20.92% 14.56%
Interest Expense $32.36M $28.43M
YoY Change 13.82% 6.27%
% of Operating Profit 24.67% 26.21%
Other Income/Expense, Net $1.156M $0.00
YoY Change
Pretax Income $15.45M -$4.982M
YoY Change -410.06% -144.98%
Income Tax -$7.000K $56.00K
% Of Pretax Income -0.05%
Net Earnings $12.36M -$7.803M
YoY Change -258.45% -163.47%
Net Earnings / Revenue 5.2% -4.09%
Basic Earnings Per Share $0.16 -$0.12
Diluted Earnings Per Share $0.16 -$0.12
COMMON SHARES
Basic Shares Outstanding 74.68M shares 64.76M shares
Diluted Shares Outstanding 75.15M shares 64.76M shares

Balance Sheet

Concept 2017 Q2 2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments $242.0M $31.00M
YoY Change 680.65% 158.33%
Cash & Equivalents $241.6M $31.44M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory $26.00M $29.00M
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $434.0M $241.0M
YoY Change 80.08% 29.57%
LONG-TERM ASSETS
Property, Plant & Equipment $5.517B $5.433B
YoY Change 1.55% 46.21%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $5.745B $5.582B
YoY Change 2.91% 45.11%
TOTAL ASSETS
Total Short-Term Assets $434.0M $241.0M
Total Long-Term Assets $5.745B $5.582B
Total Assets $6.179B $5.823B
YoY Change 6.11% 44.39%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable
YoY Change
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 $56.00M $48.00M
YoY Change 16.67%
LONG-TERM LIABILITIES
Long-Term Debt $3.019B $3.340B
YoY Change -9.61% 40.22%
Other Long-Term Liabilities $299.0M $257.0M
YoY Change 16.34% 8.9%
Total Long-Term Liabilities $3.318B $3.597B
YoY Change -7.76% 37.39%
TOTAL LIABILITIES
Total Short-Term Liabilities $56.00M $48.00M
Total Long-Term Liabilities $3.318B $3.597B
Total Liabilities $3.374B $3.646B
YoY Change -7.46% 39.31%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $790.0K $686.0K
YoY Change 15.16% 27.51%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.691B $2.033B
YoY Change
Total Liabilities & Shareholders Equity $6.179B $5.823B
YoY Change 6.11% 44.39%

Cashflow Statement

Concept 2017 Q2 2016 Q2
OPERATING ACTIVITIES
Net Income $12.36M -$7.803M
YoY Change -258.45% -163.47%
Depreciation, Depletion And Amortization $62.72M $49.67M
YoY Change 26.28% 19.94%
Cash From Operating Activities $87.40M $78.10M
YoY Change 11.91% 51.65%
INVESTING ACTIVITIES
Capital Expenditures -$26.90M -$1.462B
YoY Change -98.16% 1546.06%
Acquisitions
YoY Change
Other Investing Activities -$68.50M $38.30M
YoY Change -278.85% -1082.05%
Cash From Investing Activities -$95.40M -$1.423B
YoY Change -93.3% 1435.38%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $408.9M $47.10M
YoY Change 768.15%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 243.4M 966.3M
YoY Change -74.81% -1447.7%
NET CHANGE
Cash From Operating Activities 87.40M 78.10M
Cash From Investing Activities -95.40M -1.423B
Cash From Financing Activities 243.4M 966.3M
Net Change In Cash 235.4M -378.9M
YoY Change -162.13% 235.61%
FREE CASH FLOW
Cash From Operating Activities $87.40M $78.10M
Capital Expenditures -$26.90M -$1.462B
Free Cash Flow $114.3M $1.540B
YoY Change -92.58% 997.51%

Facts In Submission

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us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-664000 USD
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-700000 USD
CY2017Q2 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
21700000 USD
CY2016Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
49670000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
98082000 USD
CY2017Q2 us-gaap Depreciation And Amortization
DepreciationAndAmortization
62721000 USD
us-gaap Depreciation And Amortization
DepreciationAndAmortization
125487000 USD
CY2016Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
49670000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
98082000 USD
CY2017Q2 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
62721000 USD
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
125487000 USD
CY2016Q4 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0 USD
CY2017Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
15728000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
40399000 USD
CY2017Q2 us-gaap Derivative Fair Value Of Derivative Net
DerivativeFairValueOfDerivativeNet
0 USD
CY2016Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
5411000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
11287000 USD
CY2017Q2 us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
4944000 USD
us-gaap Direct Costs Of Leased And Rented Property Or Equipment
DirectCostsOfLeasedAndRentedPropertyOrEquipment
10046000 USD
us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
1574000 USD
us-gaap Distributions On Mandatorily Redeemable Securities
DistributionsOnMandatorilyRedeemableSecurities
1571000 USD
us-gaap Dividends
Dividends
6659000 USD
us-gaap Dividends
Dividends
4320000 USD
us-gaap Dividends Cash
DividendsCash
111915000 USD
CY2016Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
51896000 USD
CY2017Q2 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
56283000 USD
CY2016Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2016 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.00
CY2017Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.16
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.45
CY2016Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
-0.12
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2016 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.00
CY2017Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.16
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.45
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
0 USD
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
111000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
33551000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
41190000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Remainder Of Fiscal Year
FiniteLivedIntangibleAssetsAmortizationExpenseRemainderOfFiscalYear
7650000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
11446000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
11838000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
13566000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
14482000 USD
CY2016Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
133385000 USD
CY2017Q2 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
134685000 USD
CY2016Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
130127000 USD
CY2017Q2 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
137546000 USD
CY2016Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2017Q1 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-500000 USD
CY2017Q2 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-293000 USD
us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
-759000 USD
CY2016Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
16543000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
30335000 USD
CY2017Q2 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
19989000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
37921000 USD
CY2016Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
-4982000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
7024000 USD
CY2016Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
56000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
284000 USD
CY2017Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-7000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
171000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
426000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
350000 USD
CY2016Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0 shares
CY2016 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
417000 shares
CY2017Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
474000 shares
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
593000 shares
CY2016Q2 us-gaap Interest Expense
InterestExpense
28428000 USD
us-gaap Interest Expense
InterestExpense
54722000 USD
CY2017Q2 us-gaap Interest Expense
InterestExpense
32358000 USD
us-gaap Interest Expense
InterestExpense
63680000 USD
CY2016Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
28428000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
54722000 USD
CY2017Q2 us-gaap Interest Expense Debt
InterestExpenseDebt
32358000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
63680000 USD
CY2016Q2 us-gaap Interest Expense Other
InterestExpenseOther
787000 USD
CY2017Q2 us-gaap Interest Expense Other
InterestExpenseOther
787000 USD
us-gaap Interest Expense Other
InterestExpenseOther
1574000 USD
us-gaap Interest Expense Other
InterestExpenseOther
1571000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3400000 USD
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
3300000 USD
CY2016Q2 us-gaap Interest Income Operating
InterestIncomeOperating
4672000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
8617000 USD
CY2017Q2 us-gaap Interest Income Operating
InterestIncomeOperating
5043000 USD
us-gaap Interest Income Operating
InterestIncomeOperating
9689000 USD
us-gaap Interest Paid Net
InterestPaidNet
56058000 USD
us-gaap Interest Paid Net
InterestPaidNet
61709000 USD
CY2016Q4 us-gaap Inventory Finished Homes
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21632000 USD
CY2017Q2 us-gaap Inventory Finished Homes
InventoryFinishedHomes
25582000 USD
CY2016Q4 us-gaap Land
Land
1051536000 USD
CY2017Q2 us-gaap Land
Land
1066792000 USD
CY2016Q4 us-gaap Liabilities
Liabilities
3441605000 USD
CY2017Q2 us-gaap Liabilities
Liabilities
3373695000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5870776000 USD
CY2017Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6178713000 USD
CY2016Q4 us-gaap Line Of Credit
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100095000 USD
CY2017Q2 us-gaap Long Term Debt
LongTermDebt
0 USD
CY2016Q4 us-gaap Minority Interest
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66616000 USD
CY2017Q2 us-gaap Minority Interest
MinorityInterest
70539000 USD
us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
100000 USD
CY2016Q4 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
69598000 USD
CY2017Q2 us-gaap Minority Interest In Operating Partnerships
MinorityInterestInOperatingPartnerships
67135000 USD
CY2017Q2 us-gaap Minority Interest Ownership Percentage By Parent
MinorityInterestOwnershipPercentageByParent
1
CY2016Q4 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
143870000 USD
CY2017Q2 us-gaap Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
138696000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
1325922000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
247334000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1468615000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-167126000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
129048000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
153163000 USD
CY2016Q2 us-gaap Net Income Loss
NetIncomeLoss
-5606000 USD
us-gaap Net Income Loss
NetIncomeLoss
4623000 USD
CY2017Q2 us-gaap Net Income Loss
NetIncomeLoss
14463000 USD
us-gaap Net Income Loss
NetIncomeLoss
37746000 USD
CY2016Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-695000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-419000 USD
CY2017Q2 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
1315000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
2403000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-7803000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
72000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
72000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12364000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
33468000 USD
CY2016Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
-7803000 USD
CY2016 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
72000 USD
CY2017Q2 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12364000 USD
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
33468000 USD
CY2016Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
-695000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
-419000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
1315000 USD
us-gaap Noncontrolling Interest In Net Income Loss Operating Partnerships Redeemable
NoncontrollingInterestInNetIncomeLossOperatingPartnershipsRedeemable
2403000 USD
CY2016Q4 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
-2982000 USD
CY2017Q2 us-gaap Noncontrolling Interest In Variable Interest Entity
NoncontrollingInterestInVariableInterestEntity
3404000 USD
CY2017Q2 us-gaap Number Of Real Estate Properties
NumberOfRealEstateProperties
191 properties
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
2 segment
CY2016Q4 us-gaap Number Of States In Which Entity Operates
NumberOfStatesInWhichEntityOperates
6 states
CY2016Q4 us-gaap Number Of Units In Real Estate Property
NumberOfUnitsInRealEstateProperty
1677 sites
CY2016Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
108466000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
210264000 USD
CY2017Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
131252000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
269165000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
146450000 USD
CY2017Q2 us-gaap Other Assets
OtherAssets
145151000 USD
CY2016Q4 us-gaap Other Borrowings
OtherBorrowings
144477000 USD
CY2016Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1000 USD
CY2017Q2 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
1745000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2329000 USD
CY2016Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
5599000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
9248000 USD
CY2017Q2 us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
7058000 USD
us-gaap Other Cost And Expense Operating
OtherCostAndExpenseOperating
11726000 USD
CY2016Q4 us-gaap Other Liabilities
OtherLiabilities
279667000 USD
CY2017Q2 us-gaap Other Liabilities
OtherLiabilities
298759000 USD
CY2016Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
0 USD
us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
24698000 USD
CY2017Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
875000 USD
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
1627000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
97435000 USD
us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
131137000 USD
CY2016 us-gaap Payments For Repurchase Of Preferred Stock And Preference Stock
PaymentsForRepurchaseOfPreferredStockAndPreferenceStock
0 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
22426000 USD
us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
3486000 USD
CY2017Q2 us-gaap Payments To Acquire Additional Interest In Subsidiaries
PaymentsToAcquireAdditionalInterestInSubsidiaries
100000 USD
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
35988000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1461663000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
39887000 USD
CY2016Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2197000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4551000 USD
CY2017Q2 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2099000 USD
us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
4278000 USD
CY2016Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2017Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2016Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
3400000 shares
CY2017Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
3400000 shares
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3400000 shares
CY2017Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
3400000 shares
CY2016Q4 us-gaap Preferred Stock Value
PreferredStockValue
34000 USD
CY2017Q2 us-gaap Preferred Stock Value
PreferredStockValue
34000 USD
CY2016Q4 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
2000000 USD
CY2017Q2 us-gaap Premiums And Other Receivables Net
PremiumsAndOtherReceivablesNet
1600000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
385400000 USD
CY2016Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
385400000 USD
CY2016Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
283600000 USD
CY2017Q2 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
408900000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
755913000 USD
us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
83848000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
418764000 USD
us-gaap Proceeds From Issuance Or Sale Of Equity
ProceedsFromIssuanceOrSaleOfEquity
459247000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
398913000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
572109000 USD
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
88696000 USD
us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4729000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
3458000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
149000 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
45000 USD
CY2016Q2 us-gaap Profit Loss
ProfitLoss
-5038000 USD
us-gaap Profit Loss
ProfitLoss
6740000 USD
CY2017Q2 us-gaap Profit Loss
ProfitLoss
16974000 USD
us-gaap Profit Loss
ProfitLoss
42519000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1026858000 USD
CY2017Q2 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
1128671000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6496339000 USD
CY2017Q2 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
6645810000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5469481000 USD
CY2017Q2 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
5517139000 USD
CY2016Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
140001000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
269236000 USD
CY2017Q2 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
179461000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
362515000 USD
CY2016Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
10153000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
19738000 USD
CY2017Q2 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
13126000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
26269000 USD
CY2016Q4 us-gaap Rental Properties
RentalProperties
489633000 USD
CY2017Q2 us-gaap Rental Properties
RentalProperties
507362000 USD
CY2016Q3 us-gaap Repayments Of Debt
RepaymentsOfDebt
62100000 USD
CY2017Q2 us-gaap Repayments Of Debt
RepaymentsOfDebt
229000000 USD
CY2016Q3 us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
300000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
65913000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
672019000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
68668000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
58860000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
9285000 USD
CY2016Q4 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
79100000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
11830000 USD
CY2016Q2 us-gaap Revenues
Revenues
190799000 USD
us-gaap Revenues
Revenues
365443000 USD
CY2017Q2 us-gaap Revenues
Revenues
237899000 USD
us-gaap Revenues
Revenues
472299000 USD
CY2016Q2 us-gaap Sales Revenue Net
SalesRevenueNet
185380000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
355673000 USD
CY2017Q2 us-gaap Sales Revenue Net
SalesRevenueNet
231848000 USD
us-gaap Sales Revenue Net
SalesRevenueNet
460723000 USD
CY2016Q2 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
7383000 USD
us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
11996000 USD
CY2017Q2 us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
8850000 USD
us-gaap Sales Revenue Services Gross
SalesRevenueServicesGross
15069000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
2819567000 USD
CY2017Q2 us-gaap Secured Debt
SecuredDebt
2832819000 USD
CY2016Q2 us-gaap Selling Expense
SellingExpense
2460000 USD
us-gaap Selling Expense
SellingExpense
4597000 USD
CY2017Q2 us-gaap Selling Expense
SellingExpense
2990000 USD
us-gaap Selling Expense
SellingExpense
6101000 USD
CY2016Q1 us-gaap Share Price
SharePrice
66.50
CY2016Q1 us-gaap Share Price
SharePrice
66.50
CY2016Q3 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
76.50
CY2017Q2 us-gaap Shares Issued Price Per Share
SharesIssuedPricePerShare
86.00
CY2016Q4 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
45903000 USD
CY2017Q2 us-gaap Shares Subject To Mandatory Redemption Settlement Terms Amount
SharesSubjectToMandatoryRedemptionSettlementTermsAmount
45903000 USD
CY2016Q2 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
56000 USD
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
284000 USD
CY2017Q2 us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
-7000 USD
us-gaap State And Local Income Tax Expense Benefit Continuing Operations
StateAndLocalIncomeTaxExpenseBenefitContinuingOperations
171000 USD
CY2016Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
6037500 shares
CY2016Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
6037500 shares
CY2016Q3 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
3737500 shares
CY2017Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
4830000 shares
CY2017Q1 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
280502000 shares
CY2017Q2 us-gaap Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
400000000 shares
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
225000000 USD
us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
2000000 USD
CY2017Q1 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
21200 USD
CY2017Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
0 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
461248000 USD
us-gaap Stock Issued During Period Value Stock Options Exercised
StockIssuedDuringPeriodValueStockOptionsExercised
45000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
2295611000 USD
CY2017Q2 us-gaap Stockholders Equity
StockholdersEquity
2691014000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2362227000 USD
CY2017Q2 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2761553000 USD
CY2017Q2 us-gaap Temporary Equity Redemption Price Per Share
TemporaryEquityRedemptionPricePerShare
25.00
CY2016Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
0 shares
CY2016 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
9000 shares
CY2017Q2 us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000 shares
us-gaap Weighted Average Number Diluted Shares Outstanding Adjustment
WeightedAverageNumberDilutedSharesOutstandingAdjustment
2000 shares
CY2016Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
64757000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61673000 shares
CY2016 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
61673000 shares
CY2017Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
75154000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
74272000 shares
CY2016Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
64757000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61247000 shares
CY2016 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
61247000 shares
CY2017Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
74678000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
73677000 shares

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