2019 Q4 Form 10-K Financial Statement

#000161154721000006 Filed on February 17, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 2017 Q4
Revenue $95.93M $414.2M $97.38M
YoY Change -4.95% 1.75% 16.65%
Cost Of Revenue $36.90M $149.3M $33.60M
YoY Change 8.53% 22.88% 20.43%
Gross Profit $59.00M $264.8M $63.70M
YoY Change -11.94% -7.28% 14.77%
Gross Profit Margin 61.51% 63.94% 65.42%
Selling, General & Admin $9.300M $39.10M $9.500M
YoY Change -15.45% 15.34% 39.71%
% of Gross Profit 15.76% 14.77% 14.91%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $28.20M $102.9M $21.90M
YoY Change 8.05% 24.76% 51.03%
% of Gross Profit 47.8% 38.88% 34.38%
Operating Expenses $78.10M $292.3M $31.30M
YoY Change 2.12% 19.17% 48.34%
Operating Profit -$19.10M $121.9M $30.74M
YoY Change -178.13% -24.66% -8.04%
Interest Expense -$14.70M -$56.50M -$13.80M
YoY Change 2.08% 4.63% 8.66%
% of Operating Profit -46.36% -44.89%
Other Income/Expense, Net
YoY Change
Pretax Income $3.600M $120.5M -$17.10M
YoY Change -64.0% 65.82% -182.61%
Income Tax $0.00 $3.519M -$1.200M
% Of Pretax Income 0.0% 2.92%
Net Earnings $3.375M $105.2M -$14.28M
YoY Change -48.18% 56.78% -174.97%
Net Earnings / Revenue 3.52% 25.39% -14.66%
Basic Earnings Per Share $0.03 $0.92 -$0.13
Diluted Earnings Per Share $0.03 $0.92 -$0.13
COMMON SHARES
Basic Shares Outstanding 121.2M shares 113.9M shares 113.8M shares
Diluted Shares Outstanding 114.1M shares

Balance Sheet

Concept 2019 Q4 2018 2017 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $433.0M $440.4M $490.3M
YoY Change -1.68% -10.18% 272.29%
Cash & Equivalents $433.0M $440.4M $490.3M
Short-Term Investments
Other Short-Term Assets $9.700M $10.20M $14.80M
YoY Change -4.9% -31.08% -3.27%
Inventory $6.600M $0.00
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $523.2M $535.5M $590.9M
YoY Change -2.3% -9.38% 151.77%
LONG-TERM ASSETS
Property, Plant & Equipment $2.159B $2.123B $2.085B
YoY Change 1.67% 1.84% 30.51%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $77.50M $40.60M $34.10M
YoY Change 90.89% 19.06% 14.81%
Total Long-Term Assets $2.323B $2.264B $2.230B
YoY Change 2.64% 1.51% 33.57%
TOTAL ASSETS
Total Short-Term Assets $523.2M $535.5M $590.9M
Total Long-Term Assets $2.323B $2.264B $2.230B
Total Assets $2.846B $2.799B $2.821B
YoY Change 1.69% -0.77% 48.14%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $69.60M
YoY Change 42.62%
Accrued Expenses $103.4M $44.50M
YoY Change 132.36%
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 $109.2M $57.00M $69.60M
YoY Change 91.58% -18.1% 42.62%
LONG-TERM LIABILITIES
Long-Term Debt $1.546B $1.550B $1.565B
YoY Change -0.26% -0.91% 30.65%
Other Long-Term Liabilities $171.1M $180.3M $193.3M
YoY Change -5.1% -6.73% 22.42%
Total Long-Term Liabilities $1.717B $1.731B $1.758B
YoY Change -0.76% -1.55% 29.69%
TOTAL LIABILITIES
Total Short-Term Liabilities $109.2M $57.00M $69.60M
Total Long-Term Liabilities $1.717B $1.731B $1.758B
Total Liabilities $1.832B $1.894B $1.830B
YoY Change 2.15% -1.9% 29.99%
SHAREHOLDERS EQUITY
Retained Earnings -$52.55M -$57.62M
YoY Change -0.59% 98.24%
Common Stock $1.213M $1.138M
YoY Change 6.12% 14.14%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $967.8M $904.7M $889.9M
YoY Change
Total Liabilities & Shareholders Equity $2.846B $2.799B $2.821B
YoY Change 1.69% -0.77% 48.14%

Cashflow Statement

Concept 2019 Q4 2018 2017 Q4
OPERATING ACTIVITIES
Net Income $3.375M $105.2M -$14.28M
YoY Change -48.18% 56.78% -174.97%
Depreciation, Depletion And Amortization $28.20M $102.9M $21.90M
YoY Change 8.05% 24.76% 51.03%
Cash From Operating Activities $40.80M $137.0M $43.40M
YoY Change -16.56% -13.21% 14.21%
INVESTING ACTIVITIES
Capital Expenditures -$67.70M -$123.7M -$33.40M
YoY Change 140.93% -58.86% 6.03%
Acquisitions
YoY Change
Other Investing Activities $5.000M $58.90M $0.00
YoY Change 1078.0%
Cash From Investing Activities -$62.60M -$64.80M -$33.40M
YoY Change 122.78% -78.09% 6.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net -$477.0K
YoY Change -100.14%
Debt Paid & Issued, Net $4.288M
YoY Change -96.69%
Cash From Financing Activities -29.50M -$115.6M 102.1M
YoY Change 1.72% -123.18% -528.99%
NET CHANGE
Cash From Operating Activities 40.80M $137.0M 43.40M
Cash From Investing Activities -62.60M -$64.80M -33.40M
Cash From Financing Activities -29.50M -$115.6M 102.1M
Net Change In Cash -51.30M -$43.32M 112.1M
YoY Change 525.61% -112.01% -747.98%
FREE CASH FLOW
Cash From Operating Activities $40.80M $137.0M $43.40M
Capital Expenditures -$67.70M -$123.7M -$33.40M
Free Cash Flow $108.5M $260.7M $76.80M
YoY Change 40.91% -43.14% 10.5%

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CY2019 us-gaap Net Income Loss
NetIncomeLoss
109523000 USD
CY2019 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
6674000 USD
CY2019Q1 us-gaap Cumulative Effect Of New Accounting Principle In Period Of Adoption
CumulativeEffectOfNewAccountingPrincipleInPeriodOfAdoption
-2918000 USD
CY2019 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
51578000 USD
CY2019 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
51578000 USD
CY2019 ue Partners Capital Account Redemptions Cash
PartnersCapitalAccountRedemptionsCash
5978000 USD
CY2019 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
439000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.88
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
106163000 USD
CY2019 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.88
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
5694000 USD
CY2019 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
13549000 USD
CY2019 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-633000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1014776000 USD
CY2020 us-gaap Net Income Loss
NetIncomeLoss
93589000 USD
CY2020 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
4161000 USD
CY2020 us-gaap Partners Capital Account Redemptions
PartnersCapitalAccountRedemptions
11144000 USD
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
11144000 USD
CY2020 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
398000 USD
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
5873923 shares
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
54141000 USD
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.68
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
80480000 USD
CY2020 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.68
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
3386000 USD
CY2020 ue Noncontrolling Interest Increase From Contributions From Noncontrolling Interest Holders
NoncontrollingInterestIncreaseFromContributionsFromNoncontrollingInterestHolders
5447000 USD
CY2020 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
16994000 USD
CY2020 us-gaap Adjustment To Additional Paid In Capital Income Tax Effect From Share Based Compensation Net
AdjustmentToAdditionalPaidInCapitalIncomeTaxEffectFromShareBasedCompensationNet
-1465000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
995893000 USD
CY2020 us-gaap Profit Loss
ProfitLoss
97750000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
116197000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
116963000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
97751000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
96641000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
102942000 USD
CY2020 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
3055000 USD
CY2019 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
68632000 USD
CY2018 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
52625000 USD
CY2019 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
12738000 USD
CY2018 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
5574000 USD
CY2020 us-gaap Disposal Group Not Discontinued Operation Gain Loss On Disposal
DisposalGroupNotDiscontinuedOperationGainLossOnDisposal
39775000 USD
CY2020 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0 USD
CY2019 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
1849000 USD
CY2018 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
0 USD
CY2020 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
34908000 USD
CY2019 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
0 USD
CY2018 us-gaap Gains Losses On Extinguishment Of Debt
GainsLossesOnExtinguishmentOfDebt
2524000 USD
CY2020 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-10624000 USD
CY2019 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-15940000 USD
CY2018 us-gaap Amortization Of Above And Below Market Leases
AmortizationOfAboveAndBelowMarketLeases
-33975000 USD
CY2020 ue Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
7522000 USD
CY2019 ue Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
8205000 USD
CY2018 ue Operating Lease Rightof Use Asset Amortization
OperatingLeaseRightofUseAssetAmortization
0 USD
CY2020 us-gaap Straight Line Rent
StraightLineRent
-10523000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
13327000 USD
CY2019 us-gaap Straight Line Rent
StraightLineRent
-1021000 USD
CY2018 us-gaap Straight Line Rent
StraightLineRent
735000 USD
CY2020 us-gaap Share Based Compensation
ShareBasedCompensation
16994000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
13549000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
9741000 USD
CY2020 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
27890000 USD
CY2019 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
1385000 USD
CY2018 us-gaap Provision For Loan And Lease Losses
ProvisionForLoanAndLeaseLosses
4138000 USD
CY2020 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
21998000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-6734000 USD
CY2020 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
1218000 USD
CY2019 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
4303000 USD
CY2018 us-gaap Increase Decrease In Deferred Leasing Fees
IncreaseDecreaseInDeferredLeasingFees
4675000 USD
CY2020 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
41982000 USD
CY2019 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
3331000 USD
CY2018 us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-1867000 USD
CY2020 ue Increase Decreasein Operating Lease Liability
IncreaseDecreaseinOperatingLeaseLiability
6680000 USD
CY2019 ue Increase Decreasein Operating Lease Liability
IncreaseDecreaseinOperatingLeaseLiability
7107000 USD
CY2018 ue Increase Decreasein Operating Lease Liability
IncreaseDecreaseinOperatingLeaseLiability
0 USD
CY2020 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
8522000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
1092000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
3676000 USD
CY2020 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
112822000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
156400000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
137040000 USD
CY2020 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
28522000 USD
CY2019 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
91301000 USD
CY2018 us-gaap Payments For Capital Improvements
PaymentsForCapitalImprovements
118765000 USD
CY2020 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
124340000 USD
CY2019 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
47356000 USD
CY2018 us-gaap Payments To Acquire Other Real Estate
PaymentsToAcquireOtherRealEstate
4931000 USD
CY2020 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
54402000 USD
CY2019 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
116510000 USD
CY2018 us-gaap Proceeds From Sale Of Other Real Estate
ProceedsFromSaleOfOtherRealEstate
57593000 USD
CY2020 ue Proceeds From Sale On Termination Of Lease
ProceedsFromSaleOnTerminationOfLease
0 USD
CY2019 ue Proceeds From Sale On Termination Of Lease
ProceedsFromSaleOnTerminationOfLease
6949000 USD
CY2018 ue Proceeds From Sale On Termination Of Lease
ProceedsFromSaleOnTerminationOfLease
0 USD
CY2020 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
12677000 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1300000 USD
CY2020 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-98460000 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2521000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-64803000 USD
CY2020 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
89302000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
5587000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
4288000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
26647000 USD
CY2019 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
106163000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
2649000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
0 USD
CY2018 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
100244000 USD
CY2020 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
1314000 USD
CY2019 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
5694000 USD
CY2018 us-gaap Payments For Repurchase Of Redeemable Noncontrolling Interest
PaymentsForRepurchaseOfRedeemableNoncontrollingInterest
11116000 USD
CY2020 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
1465000 USD
CY2019 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
633000 USD
CY2018 us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
385000 USD
CY2020 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3471000 USD
CY2020 ue Payments For Redemptionsof Units Partners Capital Account
PaymentsForRedemptionsofUnitsPartnersCapitalAccount
0 USD
CY2019 ue Payments For Redemptionsof Units Partners Capital Account
PaymentsForRedemptionsofUnitsPartnersCapitalAccount
5978000 USD
CY2018 ue Payments For Redemptionsof Units Partners Capital Account
PaymentsForRedemptionsofUnitsPartnersCapitalAccount
0 USD
CY2020 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
398000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
439000 USD
CY2018 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
477000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
54141000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
CY2020 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
5447000 USD
CY2019 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2018 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
0 USD
CY2020 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
90250000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
0 USD
CY2020 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-80245000 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-126265000 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-115556000 USD
CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-65883000 USD
CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
27614000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-43319000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
485136000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
457522000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500841000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
419253000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
485136000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
457522000 USD
CY2020 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
715000 USD
CY2019 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
1425000 USD
CY2018 us-gaap Interest Paid Capitalized
InterestPaidCapitalized
3313000 USD
CY2020 us-gaap Interest Paid Net
InterestPaidNet
68113000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
64751000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
65699000 USD
CY2020 us-gaap Income Taxes Paid
IncomeTaxesPaid
499000 USD
CY2019 us-gaap Income Taxes Paid
IncomeTaxesPaid
1601000 USD
CY2018 us-gaap Income Taxes Paid
IncomeTaxesPaid
757000 USD
CY2020 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5808000 USD
CY2019 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
5056000 USD
CY2018 us-gaap Capital Expenditures Incurred But Not Yet Paid
CapitalExpendituresIncurredButNotYetPaid
25661000 USD
CY2020 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
199500000 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
10562000 USD
CY2020 ue Write Off Of Fully Depreciated Assets Including Asset Impairment
WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment
21447000 USD
CY2019 ue Write Off Of Fully Depreciated Assets Including Asset Impairment
WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment
56199000 USD
CY2018 ue Write Off Of Fully Depreciated Assets Including Asset Impairment
WriteOffOfFullyDepreciatedAssetsIncludingAssetImpairment
24307000 USD
CY2020 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
30000000 USD
CY2019 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
0 USD
CY2018 us-gaap Debt Instrument Decrease Forgiveness
DebtInstrumentDecreaseForgiveness
11537000 USD
CY2020 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
72473000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
0 USD
CY2020Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
55905000 USD
CY2019Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2018Q4 us-gaap Dividends Payable Current And Noncurrent
DividendsPayableCurrentAndNoncurrent
0 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
432954000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
440430000 USD
CY2017Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
490279000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
52182000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17092000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
485136000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
457522000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
500841000 USD
CY2020Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
384572000 USD
CY2019Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
432954000 USD
CY2018Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
440430000 USD
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
34681000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
52182000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
17092000 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
419253000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
485136000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
457522000 USD
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
5873923 shares
CY2020Q4 us-gaap Area Of Real Estate Property
AreaOfRealEstateProperty
16300000 sqft
CY2019Q1 ue Lessee Operating Lease Number Of Properties
LesseeOperatingLeaseNumberOfProperties
24 property
CY2020 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1 segment
CY2020 us-gaap Use Of Estimates
UseOfEstimates
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Use of Estimates </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span>The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amount of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates.
CY2020Q4 ue Number Of Variable Interest Entities
NumberOfVariableInterestEntities
2 entity
CY2019Q4 ue Number Of Variable Interest Entities
NumberOfVariableInterestEntities
1 entity
CY2020Q4 ue Number Of Variable Interest Entities
NumberOfVariableInterestEntities
2 entity
CY2020 ue Variable Lease Income Percentage Rentand Consumer Price Index
VariableLeaseIncomePercentageRentandConsumerPriceIndex
2400000 USD
CY2019 ue Variable Lease Income Percentage Rentand Consumer Price Index
VariableLeaseIncomePercentageRentandConsumerPriceIndex
4100000 USD
CY2020 ue Variable Lease Income Tenant Expense Reimbursement
VariableLeaseIncomeTenantExpenseReimbursement
96700000 USD
CY2019 ue Variable Lease Income Tenant Expense Reimbursement
VariableLeaseIncomeTenantExpenseReimbursement
105300000 USD
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%">Concentration of Credit Risk </span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">—</span><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-style:italic;font-weight:700;line-height:120%"> </span>A concentration of credit risk arises in our business when a national or regionally-based tenant occupies a substantial amount of space in multiple properties owned by us. In that event, if the tenant suffers a significant downturn in its business, it may become unable to make its contractual rent payments to us, exposing us to potential losses in rental revenue, expense recoveries, and percentage rent. Further, the impact may be magnified if the tenant is renting space in multiple locations. Generally, we do not obtain security from our national or regionally-based tenants in support of their lease obligations to us. We regularly monitor our tenant base to assess potential concentrations of credit risk.
CY2020Q4 ue Lessee Operating Lease Number Of Properties
LesseeOperatingLeaseNumberOfProperties
26 property
CY2020Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
81000000.0 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
75000000.0 USD
CY2020Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
2700000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
3000000.0 USD
CY2020 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
199496000 USD
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
38489000 USD
CY2020Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
3100000 USD
CY2019Q4 us-gaap Business Acquisition Cost Of Acquired Entity Transaction Costs
BusinessAcquisitionCostOfAcquiredEntityTransactionCosts
300000 USD
CY2020 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
4 entity
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
199496000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
68537000 USD
CY2020Q4 ue Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildingsand Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsandImprovements
144009000 USD
CY2020 us-gaap Number Of Businesses Acquired
NumberOfBusinessesAcquired
3
CY2019 us-gaap Business Combination Consideration Transferred1
BusinessCombinationConsiderationTransferred1
38500000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
19526000 USD
CY2020Q4 ue Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Intangible Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIntangibleLiabilities
31029000 USD
CY2020Q4 ue Business Combination Debt Premium
BusinessCombinationDebtPremium
6973000 USD
CY2020Q4 ue Business Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Rightofuse Assets Net Of Lease Liabilities
BusinessAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRightofuseAssetsNetOfLeaseLiabilities
5012000 USD
CY2020Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
414000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
13441000 USD
CY2019Q4 ue Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Buildingsand Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedBuildingsandImprovements
23954000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Intangible Assets Other Than Goodwill
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedIntangibleAssetsOtherThanGoodwill
3570000 USD
CY2019Q4 ue Business Combination Recognized Identifiable Assets Acquiredand Liabilities Assumed Intangible Liabilities
BusinessCombinationRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedIntangibleLiabilities
2222000 USD
CY2019Q4 ue Business Combination Debt Premium
BusinessCombinationDebtPremium
0 USD
CY2019Q4 ue Business Acquisition Recognized Identifiable Assets Acquiredand Liabilities Assumed Rightofuse Assets Net Of Lease Liabilities
BusinessAcquisitionRecognizedIdentifiableAssetsAcquiredandLiabilitiesAssumedRightofuseAssetsNetOfLeaseLiabilities
-254000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
10875000 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Current Assets Other
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedCurrentAssetsOther
0 USD
CY2019Q4 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Net
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedNet
38489000 USD
CY2020 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y
CY2020 ue Acquired Finitelived Intangible Assets Weighted Average Related Liabilities
AcquiredFinitelivedIntangibleAssetsWeightedAverageRelatedLiabilities
P32Y6M
CY2019 us-gaap Acquired Finite Lived Intangible Assets Weighted Average Useful Life
AcquiredFiniteLivedIntangibleAssetsWeightedAverageUsefulLife
P11Y4M24D
CY2019 ue Acquired Finitelived Intangible Assets Weighted Average Related Liabilities
AcquiredFinitelivedIntangibleAssetsWeightedAverageRelatedLiabilities
P23Y
CY2020 ue Lessee Numberof Operating Leases Sold
LesseeNumberofOperatingLeasesSold
1 lease
CY2019 ue Proceeds From Sale On Termination Of Lease
ProceedsFromSaleOnTerminationOfLease
6900000 USD
CY2019 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
1800000 USD
CY2018 ue Amortization Of Acquired Below Market Lease Net Of Acquired Above Market Lease
AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease
34000000.0 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
10200000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
8800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
82303000 USD
CY2019Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
71328000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
56184000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
48121000 USD
CY2020Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
219558000 USD
CY2019Q4 us-gaap Below Market Lease Gross
BelowMarketLeaseGross
191440000 USD
CY2020Q4 ue Intangible Liabilities Accumulated Amortization
IntangibleLiabilitiesAccumulatedAmortization
71375000 USD
CY2019Q4 ue Intangible Liabilities Accumulated Amortization
IntangibleLiabilitiesAccumulatedAmortization
62610000 USD
CY2020Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
148183000 USD
CY2019Q4 us-gaap Below Market Lease Net
BelowMarketLeaseNet
128830000 USD
CY2020 ue Amortization Of Acquired Below Market Lease Net Of Acquired Above Market Lease
AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease
10600000 USD
CY2019 ue Amortization Of Acquired Below Market Lease Net Of Acquired Above Market Lease
AmortizationOfAcquiredBelowMarketLeaseNetOfAcquiredAboveMarketLease
15900000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
15100000 USD
CY2020Q4 ue Below Market Lease Net Of Above Market Lease Amortization Income Next Twelve Months
BelowMarketLeaseNetOfAboveMarketLeaseAmortizationIncomeNextTwelveMonths
10543000 USD
CY2020Q4 ue Below Market Lease Net Of Above Market Lease Amortization Income Year Two
BelowMarketLeaseNetOfAboveMarketLeaseAmortizationIncomeYearTwo
10466000 USD
CY2020Q4 ue Below Market Lease Net Of Above Market Lease Amortization Income Year Three
BelowMarketLeaseNetOfAboveMarketLeaseAmortizationIncomeYearThree
10421000 USD
CY2020Q4 ue Below Market Lease Net Of Above Market Lease Amortization Income Year Four
BelowMarketLeaseNetOfAboveMarketLeaseAmortizationIncomeYearFour
10185000 USD
CY2020Q4 ue Below Market Lease Net Of Above Market Lease Amortization Income Year Five
BelowMarketLeaseNetOfAboveMarketLeaseAmortizationIncomeYearFive
10012000 USD
CY2020Q4 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
1300000000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
14460000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
103526000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
349742000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
163625000 USD
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
40867000 USD
CY2020Q4 ue Longterm Debt Maturities Repaymentsof Principal Year Six
LongtermDebtMaturitiesRepaymentsofPrincipalYearSix
231056000 USD
CY2020Q4 ue Long Term Debt Maturities Repayments Of Principal After Year Six
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearSix
694121000 USD
CY2017Q1 us-gaap Line Of Credit Facility Increase Decrease For Period Net
LineOfCreditFacilityIncreaseDecreaseForPeriodNet
100000000 USD
CY2020 ue Capital Gains Distributed Percent
CapitalGainsDistributedPercent
0
CY2019 ue Capital Gains Distributed Percent
CapitalGainsDistributedPercent
0.17
CY2018 ue Capital Gains Distributed Percent
CapitalGainsDistributedPercent
0
CY2020 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.68
CY2020Q1 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.22
CY2020Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.46
CY2019 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.88
CY2020 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.68
CY2019 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.88
CY2018 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.88
CY2020 ue Ordinary Income Distributed Percent
OrdinaryIncomeDistributedPercent
1
CY2019 ue Ordinary Income Distributed Percent
OrdinaryIncomeDistributedPercent
0.83
CY2018 ue Ordinary Income Distributed Percent
OrdinaryIncomeDistributedPercent
1
CY2020 ue Returnof Capital Distributed Percent
ReturnofCapitalDistributedPercent
0
CY2019 ue Returnof Capital Distributed Percent
ReturnofCapitalDistributedPercent
0
CY2018 ue Returnof Capital Distributed Percent
ReturnofCapitalDistributedPercent
0
CY2020Q4 us-gaap Distribution Made To Limited Partner Distributions Declared Per Unit
DistributionMadeToLimitedPartnerDistributionsDeclaredPerUnit
0.46
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
0 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
154000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
4525000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
66000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
101000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
5818000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
917000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
815000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-6000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
0 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-44814000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
370000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
2704000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-38996000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1287000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3519000 USD
CY2020 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
12338000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
24672000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
25301000 USD
CY2020 us-gaap Income Tax Reconciliation Deductions Extraterritorial Income Exclusion
IncomeTaxReconciliationDeductionsExtraterritorialIncomeExclusion
12339000 USD
CY2019 us-gaap Income Tax Reconciliation Deductions Extraterritorial Income Exclusion
IncomeTaxReconciliationDeductionsExtraterritorialIncomeExclusion
24677000 USD
CY2018 us-gaap Income Tax Reconciliation Deductions Extraterritorial Income Exclusion
IncomeTaxReconciliationDeductionsExtraterritorialIncomeExclusion
14390000 USD
CY2020 ue Effective Income Tax Rate Reconciliation Taxable Reit Subsidiary Nondeductible Difference Amount
EffectiveIncomeTaxRateReconciliationTaxableREITSubsidiaryNondeductibleDifferenceAmount
0 USD
CY2019 ue Effective Income Tax Rate Reconciliation Taxable Reit Subsidiary Nondeductible Difference Amount
EffectiveIncomeTaxRateReconciliationTaxableREITSubsidiaryNondeductibleDifferenceAmount
0 USD
CY2018 ue Effective Income Tax Rate Reconciliation Taxable Reit Subsidiary Nondeductible Difference Amount
EffectiveIncomeTaxRateReconciliationTaxableREITSubsidiaryNondeductibleDifferenceAmount
10740000 USD
CY2020 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
11000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
66000 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
84000 USD
CY2020 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-43515000 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
1221000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
3264000 USD
CY2020 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
4509000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
5000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
0 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-38996000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
1287000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
3519000 USD
CY2020Q4 ue Deferred Tax Asset Depreciation
DeferredTaxAssetDepreciation
41942000 USD
CY2019Q4 ue Deferred Tax Asset Depreciation
DeferredTaxAssetDepreciation
0 USD
CY2019Q4 ue Deferred Tax Assets Tax Deferred Expense Finance Costs
DeferredTaxAssetsTaxDeferredExpenseFinanceCosts
69000 USD
CY2020Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
2109000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals Allowance For Doubtful Accounts
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccrualsAllowanceForDoubtfulAccounts
461000 USD
CY2020Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
7000 USD
CY2019Q4 us-gaap Deferred Tax Assets Charitable Contribution Carryforwards
DeferredTaxAssetsCharitableContributionCarryforwards
5000 USD
CY2020Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
107000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
5000 USD
CY2020Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
4514000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
5000 USD
CY2020Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
40756000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
535000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
4416000 USD
CY2020Q4 ue Deferred Tax Liabilities Straightline Rent
DeferredTaxLiabilitiesStraightlineRent
738000 USD
CY2019Q4 ue Deferred Tax Liabilities Straightline Rent
DeferredTaxLiabilitiesStraightlineRent
1051000 USD
CY2020Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
228000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Leasing Arrangements
DeferredTaxLiabilitiesLeasingArrangements
205000 USD
CY2020Q4 ue Deferred Tax Liabilities Accrued Interest Expense
DeferredTaxLiabilitiesAccruedInterestExpense
113000 USD
CY2019Q4 ue Deferred Tax Liabilities Accrued Interest Expense
DeferredTaxLiabilitiesAccruedInterestExpense
0 USD
CY2020Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
1079000 USD
CY2019Q4 us-gaap Deferred Income Tax Liabilities
DeferredIncomeTaxLiabilities
5672000 USD
CY2020Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
39677000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
5137000 USD
CY2020 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
235488000 USD
CY2019 us-gaap Operating Lease Lease Income Lease Payments
OperatingLeaseLeaseIncomeLeasePayments
274397000 USD
CY2020 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
92792000 USD
CY2019 us-gaap Operating Lease Variable Lease Income
OperatingLeaseVariableLeaseIncome
110008000 USD
CY2020 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
328280000 USD
CY2019 us-gaap Operating Lease Lease Income
OperatingLeaseLeaseIncome
384405000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0399
CY2020Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0401
CY2019 us-gaap Percentage Rent
PercentageRent
2000000.0 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Next Twelve Months
LessorOperatingLeasePaymentsToBeReceivedNextTwelveMonths
252690000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Two Years
LessorOperatingLeasePaymentsToBeReceivedTwoYears
241036000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Three Years
LessorOperatingLeasePaymentsToBeReceivedThreeYears
219771000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Four Years
LessorOperatingLeasePaymentsToBeReceivedFourYears
186531000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Five Years
LessorOperatingLeasePaymentsToBeReceivedFiveYears
162906000 USD
CY2020Q4 ue Lessor Operating Lease Paymentstobe Received Six Years
LessorOperatingLeasePaymentstobeReceivedSixYears
142130000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received Thereafter
LessorOperatingLeasePaymentsToBeReceivedThereafter
703522000 USD
CY2020Q4 us-gaap Lessor Operating Lease Payments To Be Received
LessorOperatingLeasePaymentsToBeReceived
1908586000 USD
CY2020 ue Lessee Numberof Operating Leases Sold
LesseeNumberofOperatingLeasesSold
1 lease
CY2019 ue Proceeds From Sale On Termination Of Lease
ProceedsFromSaleOnTerminationOfLease
6900000 USD
CY2019 us-gaap Gain Loss On Termination Of Lease
GainLossOnTerminationOfLease
1800000 USD
CY2019Q3 ue Lessee Numberof Operating Leases Expired
LesseeNumberofOperatingLeasesExpired
1 lease
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
11730000 USD
CY2020 us-gaap Variable Lease Cost
VariableLeaseCost
2792000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
2736000 USD
CY2020 us-gaap Lease Cost
LeaseCost
13667000 USD
CY2019 us-gaap Lease Cost
LeaseCost
14466000 USD
CY2020 us-gaap Sublease Income
SubleaseIncome
17700000 USD
CY2019 us-gaap Sublease Income
SubleaseIncome
19700000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y8M12D
CY2020Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P35Y2M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P15Y3M18D
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P36Y2M12D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.0403
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
FinanceLeaseWeightedAverageDiscountRatePercent
0.0401
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
10033000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
10698000 USD
CY2020 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
120000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
FinanceLeaseInterestPaymentOnLiability
10000 USD
CY2020 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
11000 USD
CY2019 us-gaap Finance Lease Principal Payments
FinanceLeasePrincipalPayments
8000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1740000 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
98980000 USD
CY2020 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
0 USD
CY2019 us-gaap Right Of Use Asset Obtained In Exchange For Finance Lease Liability
RightOfUseAssetObtainedInExchangeForFinanceLeaseLiability
2991000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
9363000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Next Twelve Months
FinanceLeaseLiabilityPaymentsDueNextTwelveMonths
109000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
8598000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Two
FinanceLeaseLiabilityPaymentsDueYearTwo
109000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
8486000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Three
FinanceLeaseLiabilityPaymentsDueYearThree
109000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
8500000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Four
FinanceLeaseLiabilityPaymentsDueYearFour
109000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due Year Five
LesseeOperatingLeaseLiabilityPaymentsDueYearFive
6599000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due Year Five
FinanceLeaseLiabilityPaymentsDueYearFive
109000 USD
CY2020Q4 ue Lessee Operating Lease Liability Payments Due Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearSix
6341000 USD
CY2020Q4 ue Finance Lease Liability Payments Due Year Six
FinanceLeaseLiabilityPaymentsDueYearSix
124000 USD
CY2020Q4 ue Lessee Operating Lease Liability Payments Due Year After Year Six
LesseeOperatingLeaseLiabilityPaymentsDueYearAfterYearSix
57541000 USD
CY2020Q4 ue Finance Lease Liability Payments Due After Year Six
FinanceLeaseLiabilityPaymentsDueAfterYearSix
6299000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
105428000 USD
CY2020Q4 us-gaap Finance Lease Liability Payments Due
FinanceLeaseLiabilityPaymentsDue
6968000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
30456000 USD
CY2020Q4 us-gaap Finance Lease Liability Undiscounted Excess Amount
FinanceLeaseLiabilityUndiscountedExcessAmount
3975000 USD
CY2020Q4 us-gaap Operating Lease Liability
OperatingLeaseLiability
74972000 USD
CY2020Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
2993000 USD
CY2020Q4 us-gaap Inventory Real Estate Construction In Process
InventoryRealEstateConstructionInProcess
132400000 USD
CY2020Q4 ue Development In Process Estimated Additional Cost To Complete
DevelopmentInProcessEstimatedAdditionalCostToComplete
86600000 USD
CY2020Q4 ue Insurance Coverage Pollution Insurance Limit Per Occurence
InsuranceCoveragePollutionInsuranceLimitPerOccurence
50000000 USD
CY2020Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
1800000 USD
CY2019Q4 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
2700000 USD
CY2019Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
9729000 USD
CY2020Q4 us-gaap Security Deposit Liability
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5884000 USD
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ue-20201231_def.xml Edgar Link unprocessable
ue-20201231_g1.jpg Edgar Link pending
ue-20201231_htm.xml Edgar Link completed
ue-20201231_lab.xml Edgar Link unprocessable
ue-20201231_pre.xml Edgar Link unprocessable