2017 Q2 Form 10-Q Financial Statement

#000152754117000026 Filed on May 02, 2017

View on sec.gov

Income Statement

Concept 2017 Q2 2017 Q1 2016 Q1
Revenue $14.72M $14.32M $9.138M
YoY Change 32.8% 56.73% 77.69%
Cost Of Revenue $3.750M $3.990M $2.680M
YoY Change 33.93% 48.88% 72.9%
Gross Profit $10.97M $10.33M $6.460M
YoY Change 32.33% 59.91% 79.44%
Gross Profit Margin 74.53% 72.13% 70.69%
Selling, General & Admin $1.950M $2.500M $2.660M
YoY Change -30.11% -6.02% -0.75%
% of Gross Profit 17.78% 24.2% 41.18%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.630M $2.670M $1.730M
YoY Change 30.2% 54.34% 78.44%
% of Gross Profit 23.97% 25.85% 26.78%
Operating Expenses $12.18M $13.15M $10.30M
YoY Change 9.73% 27.64% 41.5%
Operating Profit $3.564M $1.173M -$1.164M
YoY Change -27515.38% -200.77% -45.55%
Interest Expense $4.570M $4.177M $2.420M
YoY Change 22.13% 72.6% 12.94%
% of Operating Profit 128.23% 356.1%
Other Income/Expense, Net
YoY Change
Pretax Income -$646.0K -$2.648M -$3.583M
YoY Change -82.79% -26.1% -16.08%
Income Tax $69.00K $41.00K $0.00
% Of Pretax Income
Net Earnings -$713.0K -$1.119M -$3.229M
YoY Change -73.57% -65.35% -14.14%
Net Earnings / Revenue -4.84% -7.81% -35.34%
Basic Earnings Per Share
Diluted Earnings Per Share -$82.27K -$131.0K -$390.1K
COMMON SHARES
Basic Shares Outstanding 8.616M shares 66.26M shares 66.26M shares
Diluted Shares Outstanding

Balance Sheet

Concept 2017 Q2 2017 Q1 2016 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $7.100M $4.700M $7.000M
YoY Change 162.96% -32.86% -91.36%
Cash & Equivalents $7.052M $4.664M $6.777M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $3.670M $3.370M $3.061M
Other Receivables $3.700M $3.300M
Total Short-Term Assets $12.60M $9.600M $10.10M
YoY Change 117.24% -4.95% -87.85%
LONG-TERM ASSETS
Property, Plant & Equipment $384.4M $386.7M $237.5M
YoY Change 30.39% 62.82% 45.44%
Goodwill $5.486M $5.486M $5.486M
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $51.40M $55.80M $42.80M
YoY Change 0.0% 30.37% 23.34%
Total Long-Term Assets $464.2M $471.9M $291.8M
YoY Change 28.94% 61.71% 42.43%
TOTAL ASSETS
Total Short-Term Assets $12.60M $9.600M $10.10M
Total Long-Term Assets $464.2M $471.9M $291.8M
Total Assets $476.8M $481.5M $301.9M
YoY Change 30.34% 59.48% 4.84%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $9.700M $12.30M $6.500M
YoY Change 5.43% 89.23% -9.72%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $15.20M $12.30M $6.500M
YoY Change 65.22% 89.23% -9.72%
LONG-TERM LIABILITIES
Long-Term Debt $305.0M $305.9M $185.0M
YoY Change 22.88% 65.35% 25.34%
Other Long-Term Liabilities $11.10M $11.90M $9.200M
YoY Change 3.74% 29.35%
Total Long-Term Liabilities $316.1M $317.8M $194.2M
YoY Change 22.09% 63.65% 31.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $15.20M $12.30M $6.500M
Total Long-Term Liabilities $316.1M $317.8M $194.2M
Total Liabilities $331.3M $330.1M $200.7M
YoY Change 23.61% 64.43% 29.63%
SHAREHOLDERS EQUITY
Retained Earnings -$183.7M -$177.6M -$147.5M
YoY Change 19.09% 20.37% 326.29%
Common Stock $87.00K $86.00K $663.1K
YoY Change -87.18% -87.03% 745.73%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $83.66M $88.82M $90.93M
YoY Change
Total Liabilities & Shareholders Equity $476.8M $481.5M $301.9M
YoY Change 30.34% 59.48% 4.84%

Cashflow Statement

Concept 2017 Q2 2017 Q1 2016 Q1
OPERATING ACTIVITIES
Net Income -$713.0K -$1.119M -$3.229M
YoY Change -73.57% -65.35% -14.14%
Depreciation, Depletion And Amortization $2.630M $2.670M $1.730M
YoY Change 30.2% 54.34% 78.44%
Cash From Operating Activities $7.410M $6.492M $628.0K
YoY Change 45.29% 933.76% -114.46%
INVESTING ACTIVITIES
Capital Expenditures -$1.690M $494.0K $369.0K
YoY Change -82.25% 33.88% 3381.13%
Acquisitions
YoY Change
Other Investing Activities $2.560M $1.870M $40.00K
YoY Change 287.88% 4575.0% -93.55%
Cash From Investing Activities $870.0K $1.377M -$332.0K
YoY Change -109.82% -514.76% -93.14%
FINANCING ACTIVITIES
Cash Dividend Paid $6.193M $4.143M
YoY Change 49.48% 92.68%
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -5.560M -$8.396M -$3.997M
YoY Change 1444.44% 110.06% -104.99%
NET CHANGE
Cash From Operating Activities 7.410M $6.492M $628.0K
Cash From Investing Activities 870.0K $1.377M -$332.0K
Cash From Financing Activities -5.560M -$8.396M -$3.997M
Net Change In Cash 2.720M -$527.0K -$3.701M
YoY Change -166.02% -85.76% -105.21%
FREE CASH FLOW
Cash From Operating Activities $7.410M $6.492M $628.0K
Capital Expenditures -$1.690M $494.0K $369.0K
Free Cash Flow $9.100M $5.998M $259.0K
YoY Change -37.76% 2215.83% -105.95%

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InterestExpense
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InterestIncomeOperating
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CY2016Q1 us-gaap Interest Paid
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2262000 USD
CY2017Q1 us-gaap Interest Paid
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3309000 USD
CY2016Q4 us-gaap Land Available For Development
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11420000 USD
CY2017Q1 us-gaap Land Available For Development
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11420000 USD
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331324000 USD
CY2017Q1 us-gaap Liabilities
Liabilities
330053000 USD
CY2016Q4 us-gaap Liabilities And Stockholders Equity
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489046000 USD
CY2017Q1 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
481543000 USD
CY2016Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
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1350000 USD
CY2017Q1 us-gaap Liabilities Of Disposal Group Including Discontinued Operation Noncurrent
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent
0 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
175550000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
20804000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
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1776000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
6952000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
33770000 USD
CY2017Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
74141000 USD
CY2016Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
62000 USD
CY2017Q1 us-gaap Marketing And Advertising Expense
MarketingAndAdvertisingExpense
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CY2016Q4 us-gaap Minority Interest
MinorityInterest
10359000 USD
CY2017Q1 us-gaap Minority Interest
MinorityInterest
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CY2017Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2016Q1 us-gaap Net Cash Provided By Used In Investing Activities
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CY2017Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
1376000 USD
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
628000 USD
CY2017Q1 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6821000 USD
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CY2017Q1 us-gaap Net Income Loss
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CY2016Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3740000 USD
CY2017Q1 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-3602000 USD
CY2017Q1 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
12000000 USD
CY2016Q4 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
12000000 USD
CY2017Q1 us-gaap Notes Receivable Related Parties Noncurrent
NotesReceivableRelatedPartiesNoncurrent
12000000 USD
CY2017Q1 us-gaap Number Of Real Estate Properties
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64 property
CY2016Q4 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
12680000 USD
CY2017Q1 us-gaap Off Market Lease Unfavorable
OffMarketLeaseUnfavorable
11886000 USD
CY2016Q1 us-gaap Operating Expenses
OperatingExpenses
10302000 USD
CY2017Q1 us-gaap Operating Expenses
OperatingExpenses
13149000 USD
CY2016Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
-1164000 USD
CY2017Q1 us-gaap Operating Income Loss
OperatingIncomeLoss
1173000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
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CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
521000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
480000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
440000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
467000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
525000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
9891000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable
OperatingLeasesFutureMinimumPaymentsReceivable
202155000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable Current
OperatingLeasesFutureMinimumPaymentsReceivableCurrent
43349000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Five Years
OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
17795000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Four Years
OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
23661000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Three Years
OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
31200000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable In Two Years
OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
37862000 USD
CY2017Q1 us-gaap Operating Leases Future Minimum Payments Receivable Thereafter
OperatingLeasesFutureMinimumPaymentsReceivableThereafter
48288000 USD
CY2016Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
6742000 USD
CY2017Q1 us-gaap Operating Leases Income Statement Lease Revenue
OperatingLeasesIncomeStatementLeaseRevenue
11129000 USD
CY2016Q4 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
11321000 USD
CY2017Q1 us-gaap Other Accounts Payable And Accrued Liabilities
OtherAccountsPayableAndAccruedLiabilities
12274000 USD
CY2016Q4 us-gaap Other Assets
OtherAssets
517000 USD
CY2017Q1 us-gaap Other Assets
OtherAssets
1213000 USD
CY2016Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
62000 USD
CY2017Q1 us-gaap Other Nonoperating Expense
OtherNonoperatingExpense
220000 USD
CY2016Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
1988000 USD
CY2017Q1 us-gaap Other Sales Revenue Net
OtherSalesRevenueNet
2916000 USD
CY2016Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
1499000 USD
CY2017Q1 us-gaap Other Significant Noncash Transaction Value Of Consideration Given1
OtherSignificantNoncashTransactionValueOfConsiderationGiven1
0 USD
CY2016Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
4143000 USD
CY2017Q1 us-gaap Payments Of Dividends
PaymentsOfDividends
6193000 USD
CY2016Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
97000 USD
CY2017Q1 us-gaap Payments Of Financing Costs
PaymentsOfFinancingCosts
163000 USD
CY2016Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
0 USD
CY2017Q1 us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
18000 USD
CY2016Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
369000 USD
CY2017Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
494000 USD
CY2016Q1 us-gaap Percentage Rent
PercentageRent
70000 USD
CY2017Q1 us-gaap Percentage Rent
PercentageRent
87000 USD
CY2016Q1 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
89000 USD
CY2017Q1 us-gaap Preferred Stock Accretion Of Redemption Discount
PreferredStockAccretionOfRedemptionDiscount
195000 USD
CY2016Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
511000 USD
CY2017Q1 us-gaap Preferred Stock Dividends Income Statement Impact
PreferredStockDividendsIncomeStatementImpact
2483000 USD
CY2017Q1 us-gaap Preferred Stock Liquidation Preference
PreferredStockLiquidationPreference
1000
CY2017Q1 us-gaap Preferred Stock Liquidation Preference Value
PreferredStockLiquidationPreferenceValue
562000 USD
CY2017Q1 us-gaap Preferred Stock Redemption Price Per Share
PreferredStockRedemptionPricePerShare
25.00
CY2016Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
4500 shares
CY2017Q1 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
562 shares
CY2016Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
3000000 USD
CY2017Q1 us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
6181000 USD
CY2016Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
0 USD
CY2017Q1 us-gaap Proceeds From Sale Of Property Held For Sale
ProceedsFromSaleOfPropertyHeldForSale
1871000 USD
CY2016Q1 us-gaap Professional Fees
ProfessionalFees
378000 USD
CY2017Q1 us-gaap Professional Fees
ProfessionalFees
637000 USD
CY2016Q1 us-gaap Profit Loss
ProfitLoss
-3562000 USD
CY2017Q1 us-gaap Profit Loss
ProfitLoss
-1160000 USD
CY2017Q1 us-gaap Property Management Fee Percent Fee
PropertyManagementFeePercentFee
0.03
CY2016Q1 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
255000 USD
CY2017Q1 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
162000 USD
CY2016Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
88000 USD
CY2017Q1 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
252000 USD
CY2016Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
20482000 USD
CY2017Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
23152000 USD
CY2016Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
409362000 USD
CY2017Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
409856000 USD
CY2016Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
388880000 USD
CY2017Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
386704000 USD
CY2016Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
2752000 USD
CY2017Q1 us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
6516000 USD
CY2016Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9652000 USD
CY2017Q1 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
9324000 USD
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-170377000 USD
CY2017Q1 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-177576000 USD
CY2016Q1 us-gaap Revenues
Revenues
9138000 USD
CY2017Q1 us-gaap Revenues
Revenues
14322000 USD
CY2016Q1 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
968000 USD
CY2017Q1 us-gaap Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
683000 USD
CY2016Q4 us-gaap Secured Debt
SecuredDebt
305973000 USD
CY2017Q1 us-gaap Secured Debt
SecuredDebt
305893000 USD
CY2016Q1 us-gaap Share Based Compensation
ShareBasedCompensation
70000 USD
CY2017Q1 us-gaap Share Based Compensation
ShareBasedCompensation
377000 USD
CY2017Q1 us-gaap Stock Issued During Period Value Conversion Of Convertible Securities
StockIssuedDuringPeriodValueConversionOfConvertibleSecurities
31000 USD
CY2017Q1 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
1121000 USD
CY2017Q1 us-gaap Stock Redeemed Or Called During Period Value
StockRedeemedOrCalledDuringPeriodValue
-1000 USD
CY2016Q4 us-gaap Stockholders Equity
StockholdersEquity
94833000 USD
CY2017Q1 us-gaap Stockholders Equity
StockholdersEquity
88821000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
105192000 USD
CY2017Q1 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
98804000 USD
CY2017Q1 us-gaap Stockholders Equity Note Stock Split Conversion Ratio1
StockholdersEquityNoteStockSplitConversionRatio1
0.125
CY2016Q1 us-gaap Taxes And Licenses
TaxesAndLicenses
28000 USD
CY2017Q1 us-gaap Taxes And Licenses
TaxesAndLicenses
49000 USD
CY2016Q1 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
136000 USD
CY2017Q1 us-gaap Travel And Entertainment Expense
TravelAndEntertainmentExpense
66000 USD
CY2016Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8284116 shares
CY2017Q1 us-gaap Weighted Average Number Of Share Outstanding Basic And Diluted
WeightedAverageNumberOfShareOutstandingBasicAndDiluted
8554304 shares
CY2017Q1 whlr Asset Management Fee Percent Fee
AssetManagementFeePercentFee
0.02
CY2016Q1 whlr Corporate Administration Expense
CorporateAdministrationExpense
235000 USD
CY2017Q1 whlr Corporate Administration Expense
CorporateAdministrationExpense
257000 USD
CY2017Q1 whlr Development Fee Percent Fee
DevelopmentFeePercentFee
0.05
CY2016Q1 whlr Discontinued Operation Income Lossfrom Discontinued Operation Before Gainon Disposal
DiscontinuedOperationIncomeLossfromDiscontinuedOperationBeforeGainonDisposal
21000 USD
CY2017Q1 whlr Discontinued Operation Income Lossfrom Discontinued Operation Before Gainon Disposal
DiscontinuedOperationIncomeLossfromDiscontinuedOperationBeforeGainonDisposal
16000 USD
CY2016Q1 whlr Groundleaseandoperatingleaserentexpensenet
Groundleaseandoperatingleaserentexpensenet
37000 USD
CY2017Q1 whlr Groundleaseandoperatingleaserentexpensenet
Groundleaseandoperatingleaserentexpensenet
139000 USD
CY2017Q1 whlr Insurance Coverage Amount
InsuranceCoverageAmount
250000 USD
CY2017Q1 whlr Longterm Debt Additional Maturities Repaymentsof Principalin Next Twelve Months
LongtermDebtAdditionalMaturitiesRepaymentsofPrincipalinNextTwelveMonths
11670000 USD
CY2017Q1 whlr Maturity Of Highly Liquid Investments
MaturityOfHighlyLiquidInvestments
P90D
CY2017Q1 whlr Minimum Percentage Of Distribution Of Taxable Income To Stockholders
MinimumPercentageOfDistributionOfTaxableIncomeToStockholders
0.9
CY2017Q1 whlr Number Of Office Buildings
NumberOfOfficeBuildings
1 Building
CY2017Q1 whlr Numberof Additional Loans With Maturities In The Next Twelve Months
NumberofAdditionalLoansWithMaturitiesInTheNextTwelveMonths
5 loan
CY2017Q1 whlr Numberof Real Estate Properties Redeveloped
NumberofRealEstatePropertiesRedeveloped
1 Building
CY2017Q1 whlr Numberofcollateralproperties
Numberofcollateralproperties
16 Buildings
CY2016Q4 whlr Offmarketlease Favorable
OffmarketleaseFavorable
12962000 USD
CY2017Q1 whlr Offmarketlease Favorable
OffmarketleaseFavorable
11976000 USD
CY2017Q1 whlr Past Due Rent Term
PastDueRentTerm
P5D
CY2016Q1 whlr Property Operating Costs
PropertyOperatingCosts
2675000 USD
CY2017Q1 whlr Property Operating Costs
PropertyOperatingCosts
3994000 USD
CY2016Q4 whlr Secureddebtgrossofunamortizeddebtissuancecost
Secureddebtgrossofunamortizeddebtissuancecost
313698000 USD
CY2017Q1 whlr Secureddebtgrossofunamortizeddebtissuancecost
Secureddebtgrossofunamortizeddebtissuancecost
312993000 USD
CY2016Q4 whlr Tenant Relationships
TenantRelationships
10944000 USD
CY2017Q1 whlr Tenant Relationships
TenantRelationships
9880000 USD
CY2017Q1 whlr Term Of Disqualification To Be Taxed As Reit Due To Losses Of Reit Status
TermOfDisqualificationToBeTaxedAsReitDueToLossesOfReitStatus
P5Y
CY2017Q1 whlr Undeveloped Land Parcels
UndevelopedLandParcels
8 property
CY2017Q1 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Reclassifications</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">&#160;&#160;&#160;&#160;</font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Certain reclassifications have been made to prior period amounts to make their presentation comparable with the current period. These reclassifications had no impact on net income.</font></div></div>
CY2017Q1 us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;font-weight:bold;">Use of Estimates</font></div><div style="line-height:120%;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">The Company has made estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the financial statements, and revenues and expenses during the reported periods. The Company&#8217;s actual results could differ from these estimates.</font></div></div>

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