2012 Q4 Form 10-Q Financial Statement

#000117553512000074 Filed on November 08, 2012

View on sec.gov

Income Statement

Concept 2012 Q4 2012 Q3 2011 Q3
Revenue $13.52M $11.62M $8.790M
YoY Change 35.66% 32.17% 11.89%
Cost Of Revenue $5.120M $4.600M $3.640M
YoY Change 41.83% 26.37% 19.74%
Gross Profit $8.410M $7.020M $5.150M
YoY Change 32.23% 36.31% 6.85%
Gross Profit Margin 62.19% 60.42% 58.59%
Selling, General & Admin $2.220M $1.890M $1.500M
YoY Change 16.23% 26.0% 19.05%
% of Gross Profit 26.4% 26.92% 29.13%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $2.970M $2.690M $1.960M
YoY Change 44.88% 37.24% 8.29%
% of Gross Profit 35.32% 38.32% 38.06%
Operating Expenses $7.370M $4.570M $3.230M
YoY Change 86.11% 41.49% 4.87%
Operating Profit $1.040M $2.450M $1.920M
YoY Change -56.67% 27.6% 10.34%
Interest Expense -$2.390M $2.244M $1.430M
YoY Change 53.21% 56.92% 2.07%
% of Operating Profit -229.81% 91.59% 74.48%
Other Income/Expense, Net
YoY Change
Pretax Income -$1.370M $250.0K $330.0K
YoY Change -292.96% -24.24% 22.22%
Income Tax $70.00K $77.00K $54.00K
% Of Pretax Income 30.8% 16.36%
Net Earnings -$1.337M $163.0K $578.0K
YoY Change -340.47% -71.8% 226.55%
Net Earnings / Revenue -9.89% 1.4% 6.58%
Basic Earnings Per Share -$0.08 $0.01 $0.05
Diluted Earnings Per Share -$0.08 $0.01 $0.05
COMMON SHARES
Basic Shares Outstanding 16.84M shares 13.84M shares 10.80M shares
Diluted Shares Outstanding 13.96M shares 10.81M shares

Balance Sheet

Concept 2012 Q4 2012 Q3 2011 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.500M $8.300M $32.70M
YoY Change 14.04% -74.62% 22.93%
Cash & Equivalents $6.544M $8.339M $32.66M
Short-Term Investments
Other Short-Term Assets $2.200M $1.300M $700.0K
YoY Change 120.0% 85.71% 0.0%
Inventory
Prepaid Expenses
Receivables $1.300M $1.800M $500.0K
Other Receivables $7.300M $5.400M $4.800M
Total Short-Term Assets $17.30M $16.80M $38.70M
YoY Change 35.16% -56.59% 22.08%
LONG-TERM ASSETS
Property, Plant & Equipment $355.7M $337.9M $197.7M
YoY Change 44.07% 70.92% 24.57%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $1.400M $1.400M $4.600M
YoY Change -72.55% -69.57%
Other Assets $4.200M $4.300M $3.600M
YoY Change 10.53% 19.44% -2.7%
Total Long-Term Assets $368.1M $349.1M $210.0M
YoY Change 41.19% 66.24% 25.97%
TOTAL ASSETS
Total Short-Term Assets $17.30M $16.80M $38.70M
Total Long-Term Assets $368.1M $349.1M $210.0M
Total Assets $385.4M $365.9M $248.7M
YoY Change 40.91% 47.13% 25.35%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $13.80M $11.10M $7.800M
YoY Change 53.33% 42.31% 8.33%
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 $21.90M $19.00M $13.40M
YoY Change 46.98% 41.79% 21.82%
LONG-TERM LIABILITIES
Long-Term Debt $190.6M $167.8M $102.2M
YoY Change 49.02% 64.19% 0.49%
Other Long-Term Liabilities $0.00
YoY Change
Total Long-Term Liabilities $190.6M $167.8M $102.2M
YoY Change 49.02% 64.19% 0.49%
TOTAL LIABILITIES
Total Short-Term Liabilities $21.90M $19.00M $13.40M
Total Long-Term Liabilities $190.6M $167.8M $102.2M
Total Liabilities $212.5M $186.8M $115.6M
YoY Change 48.81% 61.53% -14.09%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $224.3M $223.0M $153.1M
YoY Change 41.81% 45.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $166.0M $170.9M $113.2M
YoY Change
Total Liabilities & Shareholders Equity $385.4M $365.9M $248.7M
YoY Change 40.91% 47.13% 25.35%

Cashflow Statement

Concept 2012 Q4 2012 Q3 2011 Q3
OPERATING ACTIVITIES
Net Income -$1.337M $163.0K $578.0K
YoY Change -340.47% -71.8% 226.55%
Depreciation, Depletion And Amortization $2.970M $2.690M $1.960M
YoY Change 44.88% 37.24% 8.29%
Cash From Operating Activities $1.300M $4.660M $2.170M
YoY Change -38.97% 114.75% -52.72%
INVESTING ACTIVITIES
Capital Expenditures -$20.47M -$75.83M -$27.28M
YoY Change -42.31% 177.97% 631.37%
Acquisitions
YoY Change
Other Investing Activities $0.00 $1.580M $4.850M
YoY Change -67.42%
Cash From Investing Activities -$20.47M -$74.25M -$22.43M
YoY Change -42.31% 231.03% 501.34%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $58.70M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 17.38M 74.06M -4.860M
YoY Change 172.41% -1623.87% -122.24%
NET CHANGE
Cash From Operating Activities 1.300M 4.660M 2.170M
Cash From Investing Activities -20.47M -74.25M -22.43M
Cash From Financing Activities 17.38M 74.06M -4.860M
Net Change In Cash -1.790M 4.470M -25.12M
YoY Change -93.36% -117.79% -210.61%
FREE CASH FLOW
Cash From Operating Activities $1.300M $4.660M $2.170M
Capital Expenditures -$20.47M -$75.83M -$27.28M
Free Cash Flow $21.77M $80.49M $29.45M
YoY Change -42.12% 173.31% 253.97%

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MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
110000 USD
CY2012Q3 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
78000 USD
CY2011Q3 us-gaap Marketable Securities Realized Gain Loss Excluding Other Than Temporary Impairments
MarketableSecuritiesRealizedGainLossExcludingOtherThanTemporaryImpairments
154000 USD
CY2012Q3 us-gaap Minority Interest
MinorityInterest
8189000 USD
CY2011Q4 us-gaap Minority Interest
MinorityInterest
14749000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
51446000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
76661000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-83938000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-42701000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
9921000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
6324000 USD
us-gaap Net Income Loss
NetIncomeLoss
1395000 USD
us-gaap Net Income Loss
NetIncomeLoss
561000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
163000 USD
CY2011Q3 us-gaap Net Income Loss
NetIncomeLoss
578000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
99000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
122000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000 USD
CY2011Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
97000 USD
CY2011Q4 us-gaap Notes Payable
NotesPayable
127890000 USD
CY2012Q3 us-gaap Notes Payable
NotesPayable
167816000 USD
CY2011Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
3638000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
12522000 USD
CY2012Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
4598000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
9718000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
25643000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
20462000 USD
CY2011Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
7086000 USD
CY2012Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
8992000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1881000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
891000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
-9000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
92000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1881000 USD
CY2011Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-1672000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
891000 USD
us-gaap Other Deferred Costs Disclosures
OtherDeferredCostsDisclosures
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">UNAMORTIZED LEASING COMMISSIONS AND LOAN COSTS</font></div><div style="line-height:120%;text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Costs which have been deferred consist of the following (in thousands):</font></div><div style="line-height:120%;text-align:center;font-size:10pt;"><div style="padding-left:0px;text-indent:0px;line-height:normal;padding-top:10px;"><table cellpadding="0" cellspacing="0" style="font-family:Times New Roman;font-size:10pt;margin-left:auto;margin-right:auto;width:100%;border-collapse:collapse;text-align:left;"><tr><td colspan="9" rowspan="1"></td></tr><tr><td width="62%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td><td width="16%" rowspan="1" colspan="1"></td><td width="1%" rowspan="1" colspan="1"></td></tr><tr><td style="vertical-align:bottom;background-color:;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;background-color:;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">September&#160;30, 2012</font></div></td><td style="vertical-align:bottom;background-color:;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="text-align:center;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-weight:bold;">December 31, 2011</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="3" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1"><div style="overflow:hidden;height:20px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Leasing commissions</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,378</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">5,326</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Deferred financing cost</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,463</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">2,916</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total cost</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">9,841</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">8,242</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: leasing commissions accumulated amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,890</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,861</font></div></td><td style="vertical-align:bottom;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Less: deferred financing cost accumulated amortization</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(2,682</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td><td style="vertical-align:bottom;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td colspan="2" style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-left:2px;padding-top:2px;padding-bottom:2px;" rowspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">(1,626</font></div></td><td style="vertical-align:bottom;border-bottom:1px solid #000000;background-color:#cceeff;padding-right:2px;padding-top:2px;padding-bottom:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">)</font></div></td></tr><tr><td style="vertical-align:bottom;padding-left:12px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">Total cost, net of accumulated amortization</font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">4,269</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td><td style="vertical-align:bottom;padding-left:2px;padding-top:2px;padding-bottom:2px;padding-right:2px;" rowspan="1" colspan="1"><div style="overflow:hidden;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">&#160;</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-left:2px;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">$</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;padding-top:2px;padding-bottom:2px;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:right;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">3,755</font></div></td><td style="vertical-align:bottom;border-bottom:3px double #000000;border-top:1px solid #000000;" rowspan="1" colspan="1"><div style="text-align:left;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;"><br clear="none"/></font></div></td></tr></table></div></div></div>
CY2011Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
2161000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
8319000 USD
CY2012Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
3112000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
6126000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10543000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
6852000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
1544000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
783000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
374000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1546000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
34034000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
79400000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
9297000 USD
us-gaap Payments To Develop Real Estate Assets
PaymentsToDevelopRealEstateAssets
3970000 USD
CY2011Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2012Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2011Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2011Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2011Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2012Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2012Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
1271000 USD
CY2011Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
975000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">We have reclassified certain prior period amounts in the accompanying consolidated financial statements in order to be consistent with the current period presentation.&#160;&#160;These reclassifications had no effect on net income, total assets, total liabilities or equity. As of June 27, 2012, prior period Class A and Class B common shares have been consolidated into a single class of common shares. See additional discussion related to the reclassification in Note 10.</font></div></div>
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
58679000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
59667000 USD
CY2012Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
58700000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
0 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
33956000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
2905000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
5509000 USD
us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
7252000 USD
CY2011Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
6343000 USD
CY2012Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1583000 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
0 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
1571000 USD
us-gaap Profit Loss
ProfitLoss
683000 USD
CY2011Q3 us-gaap Profit Loss
ProfitLoss
675000 USD
us-gaap Profit Loss
ProfitLoss
1494000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
172000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
379000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
720000 USD
CY2012Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
51362000 USD
CY2011Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
45472000 USD
CY2011Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
292360000 USD
CY2012Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
389280000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
11618000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
33031000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
24947000 USD
CY2011Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
8791000 USD
CY2011Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
1262000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
3390000 USD
CY2012Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
1629000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
4442000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2853000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2356000 USD
CY2012Q3 us-gaap Secured Debt
SecuredDebt
122600000 USD
CY2012Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
2846000 USD
CY2011Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
2232000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
233000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
384000 USD
CY2011Q3 us-gaap Share Based Compensation
ShareBasedCompensation
78000 USD
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
118000 USD
CY2012Q3 us-gaap Share Price
SharePrice
12.80
us-gaap Stock Issued1
StockIssued1
0 USD
us-gaap Stock Issued1
StockIssued1
68000 USD
us-gaap Stock Issued During Period Value Conversion Of Units
StockIssuedDuringPeriodValueConversionOfUnits
0 USD
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
58679000 USD
CY2011Q4 us-gaap Stockholders Equity
StockholdersEquity
115958000 USD
CY2012Q3 us-gaap Stockholders Equity
StockholdersEquity
170909000 USD
CY2011Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
130707000 USD
CY2012Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
179098000 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
CY2011Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
CY2012Q3 us-gaap Undistributed Earnings Allocated To Participating Securities
UndistributedEarningsAllocatedToParticipatingSecurities
0 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
0 USD
CY2011Q3 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
0 USD
us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-9000 USD
CY2012Q3 us-gaap Unrealized Gain Loss On Cash Flow Hedging Instruments
UnrealizedGainLossOnCashFlowHedgingInstruments
-9000 USD
us-gaap Use Of Estimates
UseOfEstimates
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;text-align:left;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;font-style:italic;"></font><font style="font-family:inherit;font-size:10pt;">The preparation of financial statements in conformity with U.S. GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period.&#160;&#160;Significant estimates that we use include the estimated fair values of properties acquired, the estimated useful lives for depreciable and amortizable assets and costs, the estimated allowance for doubtful accounts and estimates supporting our impairment analysis for the carrying values of our real estate assets.&#160;&#160;Actual results could differ from those estimates.</font></div></div>
CY2011Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
10809000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13961000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
8300000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12526000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12409000 shares
CY2011Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
10797000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13842000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
8285000 shares
wsr Accrued Offering Costs Change
AccruedOfferingCostsChange
0 USD
wsr Accrued Offering Costs Change
AccruedOfferingCostsChange
85000 USD
CY2012Q3 wsr Accrued Rent And Other Recoveries
AccruedRentAndOtherRecoveries
5393000 USD
CY2011Q4 wsr Accrued Rent And Other Recoveries
AccruedRentAndOtherRecoveries
5505000 USD
CY2012Q3 wsr Carrying Value Of Collateralized Properties
CarryingValueOfCollateralizedProperties
162500000 USD
CY2012Q3 wsr Conversion Basis For Common Shares To Op Units
ConversionBasisForCommonSharesToOpUnits
1 shares
CY2012Q3 wsr Conversion Ratio For Class Common Stock To Op Unit
ConversionRatioForClassCommonStockToOpUnit
1 shares
wsr Disposal Of Fully Depreciated Real Estate
DisposalOfFullyDepreciatedRealEstate
162000 USD
wsr Disposal Of Fully Depreciated Real Estate
DisposalOfFullyDepreciatedRealEstate
523000 USD
CY2012Q3 wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
5000 USD
wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
11000 USD
wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
13000 USD
CY2011Q3 wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
4000 USD
wsr Dollar Amount Of Insurance Premiums Financed During Reporting Period
DollarAmountOfInsurancePremiumsFinancedDuringReportingPeriod
856000 USD
wsr Dollar Amount Of Insurance Premiums Financed During Reporting Period
DollarAmountOfInsurancePremiumsFinancedDuringReportingPeriod
649000 USD
CY2011Q3 wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.857
CY2012Q3 wsr Income Before Gain On Sale Of Property
IncomeBeforeGainOnSaleOfProperty
172000 USD
CY2011Q3 wsr Income Before Gain On Sale Of Property
IncomeBeforeGainOnSaleOfProperty
278000 USD
wsr Income Before Gain On Sale Of Property
IncomeBeforeGainOnSaleOfProperty
286000 USD
wsr Income Before Gain On Sale Of Property
IncomeBeforeGainOnSaleOfProperty
1494000 USD
wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
1811000 USD
wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
468000 USD
CY2012Q3 wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
326000 USD
CY2011Q3 wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
331000 USD
wsr Increase Decrease In Unamortized Lease Commissions And Loan Costs
IncreaseDecreaseInUnamortizedLeaseCommissionsAndLoanCosts
674000 USD
wsr Increase Decrease In Unamortized Lease Commissions And Loan Costs
IncreaseDecreaseInUnamortizedLeaseCommissionsAndLoanCosts
705000 USD
wsr Loss Gain On Sale Or Disposal Of Assets And Properties
LossGainOnSaleOrDisposalOfAssetsAndProperties
-105000 USD
wsr Loss Gain On Sale Or Disposal Of Assets And Properties
LossGainOnSaleOrDisposalOfAssetsAndProperties
380000 USD
wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
548000 USD
CY2012Q3 wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
158000 USD
wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
1384000 USD
CY2011Q3 wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
574000 USD
wsr Non Cash Investing And Financing Aquired Interest Rate Swap
NonCashInvestingAndFinancingAquiredInterestRateSwap
0 USD
wsr Non Cash Investing And Financing Aquired Interest Rate Swap
NonCashInvestingAndFinancingAquiredInterestRateSwap
1901000 USD
wsr Non Cash Investing And Financing Change In Fair Value Of Cash Flow Hedge
NonCashInvestingAndFinancingChangeInFairValueOfCashFlowHedge
0 USD
wsr Non Cash Investing And Financing Change In Fair Value Of Cash Flow Hedge
NonCashInvestingAndFinancingChangeInFairValueOfCashFlowHedge
-9000 USD
wsr Non Cash Investing And Financing Debt Discount On Acquired Note Payable
NonCashInvestingAndFinancingDebtDiscountOnAcquiredNotePayable
0 USD
wsr Non Cash Investing And Financing Debt Discount On Acquired Note Payable
NonCashInvestingAndFinancingDebtDiscountOnAcquiredNotePayable
-1329000 USD
CY2012Q3 wsr Number Of Collateralized Properties
NumberOfCollateralizedProperties
27 CollateralizedProperties
CY2012Q3 wsr Real Estate Taxes Capitalized
RealEstateTaxesCapitalized
50000 USD
wsr Real Estate Taxes Capitalized
RealEstateTaxesCapitalized
113000 USD
wsr Stockissuedduringperiodvaluedividendreinvestmentplannetofcosts
Stockissuedduringperiodvaluedividendreinvestmentplannetofcosts
68000 USD
CY2010Q2 wsr Tax Paid As Result Of Violation Of Five Percent Asset Test
TaxPaidAsResultOfViolationOfFivePercentAssetTest
50000 USD
CY2011Q4 wsr Tenant Receivables
TenantReceivables
1914000 USD
CY2012Q3 wsr Tenant Receivables
TenantReceivables
3767000 USD
wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
7388000 USD
CY2011Q3 wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
1705000 USD
wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
4485000 USD
CY2012Q3 wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
2626000 USD
CY2011Q3 wsr Total Other Expense
TotalOtherExpense
4822000 USD
wsr Total Other Expense
TotalOtherExpense
18698000 USD
wsr Total Other Expense
TotalOtherExpense
14761000 USD
CY2012Q3 wsr Total Other Expense
TotalOtherExpense
6694000 USD
CY2012Q3 wsr Total Real Estate Assets
TotalRealEstateAssets
337918000 USD
CY2011Q4 wsr Total Real Estate Assets
TotalRealEstateAssets
246888000 USD
CY2012Q3 wsr Unamortized Lease Commissions And Loan Costs Gross
UnamortizedLeaseCommissionsAndLoanCostsGross
9841000 USD
CY2011Q4 wsr Unamortized Lease Commissions And Loan Costs Gross
UnamortizedLeaseCommissionsAndLoanCostsGross
8242000 USD
CY2011Q4 wsr Unamortized Lease Commissions And Loan Costs Net
UnamortizedLeaseCommissionsAndLoanCostsNet
3755000 USD
dei Amendment Flag
AmendmentFlag
false
CY2012Q3 wsr Unamortized Lease Commissions And Loan Costs Net
UnamortizedLeaseCommissionsAndLoanCostsNet
4269000 USD
wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.934
dei Entity Registrant Name
EntityRegistrantName
Whitestone REIT
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
CY2012Q3 wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.946
wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.822
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2012
dei Document Period End Date
DocumentPeriodEndDate
2012-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001175535
CY2012Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
16844880 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer

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exhibit311principalexecuti.htm Edgar Link pending
exhibit312principalfinanci.htm Edgar Link pending
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