2013 Q4 Form 10-Q Financial Statement

#000117553513000062 Filed on November 06, 2013

View on sec.gov

Income Statement

Concept 2013 Q4 2013 Q3 2012 Q3
Revenue $16.78M $15.87M $11.62M
YoY Change 24.09% 36.6% 32.17%
Cost Of Revenue $5.640M $6.820M $4.600M
YoY Change 10.16% 48.26% 26.37%
Gross Profit $9.900M $9.470M $7.020M
YoY Change 17.72% 34.9% 36.31%
Gross Profit Margin 59.0% 59.67% 60.42%
Selling, General & Admin $3.230M $2.720M $1.890M
YoY Change 45.5% 43.92% 26.0%
% of Gross Profit 32.63% 28.72% 26.92%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $3.320M $3.450M $2.690M
YoY Change 11.78% 28.25% 37.24%
% of Gross Profit 33.54% 36.43% 38.32%
Operating Expenses $6.540M $6.170M $4.570M
YoY Change -11.26% 35.01% 41.49%
Operating Profit $3.360M $3.300M $2.450M
YoY Change 223.08% 34.69% 27.6%
Interest Expense -$2.290M $2.602M $2.244M
YoY Change -4.18% 15.95% 56.92%
% of Operating Profit -68.15% 78.85% 91.59%
Other Income/Expense, Net
YoY Change
Pretax Income $1.060M $730.0K $250.0K
YoY Change -177.37% 192.0% -24.24%
Income Tax $70.00K $90.00K $77.00K
% Of Pretax Income 6.6% 12.33% 30.8%
Net Earnings $1.261M $614.0K $163.0K
YoY Change -194.32% 276.69% -71.8%
Net Earnings / Revenue 7.51% 3.87% 1.4%
Basic Earnings Per Share $0.06 $0.04 $0.01
Diluted Earnings Per Share $0.06 $0.03 $0.01
COMMON SHARES
Basic Shares Outstanding 21.94M shares 17.04M shares 13.84M shares
Diluted Shares Outstanding 17.33M shares 13.96M shares

Balance Sheet

Concept 2013 Q4 2013 Q3 2012 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $6.500M $9.500M $8.300M
YoY Change 0.0% 14.46% -74.62%
Cash & Equivalents $6.491M $9.506M $8.339M
Short-Term Investments
Other Short-Term Assets $2.100M $2.700M $1.300M
YoY Change -4.55% 107.69% 85.71%
Inventory
Prepaid Expenses
Receivables $2.000M $2.400M $1.800M
Other Receivables $7.800M $6.800M $5.400M
Total Short-Term Assets $18.40M $21.40M $16.80M
YoY Change 6.36% 27.38% -56.59%
LONG-TERM ASSETS
Property, Plant & Equipment $474.8M $420.6M $337.9M
YoY Change 33.48% 24.47% 70.92%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $900.0K $900.0K $1.400M
YoY Change -35.71% -35.71% -69.57%
Other Assets $11.90M $5.600M $4.300M
YoY Change 183.33% 30.23% 19.44%
Total Long-Term Assets $489.6M $433.2M $349.1M
YoY Change 33.01% 24.1% 66.24%
TOTAL ASSETS
Total Short-Term Assets $18.40M $21.40M $16.80M
Total Long-Term Assets $489.6M $433.2M $349.1M
Total Assets $508.0M $454.6M $365.9M
YoY Change 31.81% 24.26% 47.13%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $12.50M $13.50M $11.10M
YoY Change -9.42% 21.62% 42.31%
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 $22.40M $22.00M $19.00M
YoY Change 2.28% 15.79% 41.79%
LONG-TERM LIABILITIES
Long-Term Debt $261.4M $266.3M $167.8M
YoY Change 37.15% 58.7% 64.19%
Other Long-Term Liabilities $3.300M
YoY Change
Total Long-Term Liabilities $264.7M $266.3M $167.8M
YoY Change 38.88% 58.7% 64.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $22.40M $22.00M $19.00M
Total Long-Term Liabilities $264.7M $266.3M $167.8M
Total Liabilities $287.1M $288.2M $186.8M
YoY Change 35.1% 54.31% 61.53%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock $291.6M $231.0M $223.0M
YoY Change 30.03% 3.59% 45.67%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $215.8M $161.1M $170.9M
YoY Change
Total Liabilities & Shareholders Equity $508.0M $454.6M $365.9M
YoY Change 31.81% 24.26% 47.13%

Cashflow Statement

Concept 2013 Q4 2013 Q3 2012 Q3
OPERATING ACTIVITIES
Net Income $1.261M $614.0K $163.0K
YoY Change -194.32% 276.69% -71.8%
Depreciation, Depletion And Amortization $3.320M $3.450M $2.690M
YoY Change 11.78% 28.25% 37.24%
Cash From Operating Activities $9.150M $6.450M $4.660M
YoY Change 603.85% 38.41% 114.75%
INVESTING ACTIVITIES
Capital Expenditures -$62.91M -$1.450M -$75.83M
YoY Change 207.33% -98.09% 177.97%
Acquisitions
YoY Change
Other Investing Activities -$160.0K $0.00 $1.580M
YoY Change -100.0% -67.42%
Cash From Investing Activities -$63.07M -$1.450M -$74.25M
YoY Change 208.11% -98.05% 231.03%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $59.70M $58.70M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 50.89M -1.510M 74.06M
YoY Change 192.81% -102.04% -1623.87%
NET CHANGE
Cash From Operating Activities 9.150M 6.450M 4.660M
Cash From Investing Activities -63.07M -1.450M -74.25M
Cash From Financing Activities 50.89M -1.510M 74.06M
Net Change In Cash -3.030M 3.490M 4.470M
YoY Change 69.27% -21.92% -117.79%
FREE CASH FLOW
Cash From Operating Activities $9.150M $6.450M $4.660M
Capital Expenditures -$62.91M -$1.450M -$75.83M
Free Cash Flow $72.06M $7.900M $80.49M
YoY Change 231.01% -90.19% 173.31%

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us-gaap Net Income Loss
NetIncomeLoss
2533000 USD
CY2012Q3 us-gaap Net Income Loss
NetIncomeLoss
163000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
99000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
21000 USD
CY2012Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
9000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
91000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
9166000 USD
us-gaap Noncash Or Part Noncash Acquisition Debt Assumed1
NoncashOrPartNoncashAcquisitionDebtAssumed1
11100000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
932000 USD
us-gaap Noncash Or Part Noncash Acquisition Other Liabilities Assumed1
NoncashOrPartNoncashAcquisitionOtherLiabilitiesAssumed1
0 USD
CY2012Q4 us-gaap Notes Payable
NotesPayable
190608000 USD
CY2013Q3 us-gaap Notes Payable
NotesPayable
266260000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
17041000 USD
CY2012Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
4598000 USD
us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
12522000 USD
CY2013Q3 us-gaap Operating Costs And Expenses
OperatingCostsAndExpenses
6818000 USD
CY2012Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
8992000 USD
CY2013Q3 us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
12594000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
25643000 USD
us-gaap Operating Leases Income Statement Minimum Lease Revenue
OperatingLeasesIncomeStatementMinimumLeaseRevenue
35407000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
891000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
176000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Before Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesBeforeTax
176000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-9000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-9000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-331000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
162000 USD
CY2012Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
92000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
-39000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
891000 USD
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax
176000 USD
CY2012Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
2683000 USD
CY2013Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
3450000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10543000 USD
CY2012Q3 us-gaap Profit Loss
ProfitLoss
172000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
9783000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
7256000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14504000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
783000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
528000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1927000 USD
us-gaap Payments Of Loan Costs
PaymentsOfLoanCosts
1546000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
23000 USD
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
249000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
750000 USD
us-gaap Payments To Acquire Available For Sale Securities
PaymentsToAcquireAvailableForSaleSecurities
0 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
58403000 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
3925000 USD
CY2012Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.001
CY2013Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2012Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2013Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0 shares
CY2013Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2012Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2013Q3 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2012Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2013Q3 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2749000 USD
CY2012Q4 us-gaap Prepaid Expense And Other Assets
PrepaidExpenseAndOtherAssets
2244000 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;">Reclassifications.&#160;&#160;</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. During 2012, we reclassified the amortization of our loan fees, previously classified as depreciation and amortization expenses, to interest expense for all periods presented. 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 Note 10 for additional discussion related to the reclassification of our Class A and Class B common shares.</font></div></div>
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
58679000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
4184000 USD
CY2012Q3 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
58700000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
73400000 USD
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
33956000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
47150000 USD
us-gaap Proceeds From Notes Payable
ProceedsFromNotesPayable
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
0 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
652000 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
747000 USD
CY2012Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
1583000 USD
CY2013Q3 us-gaap Proceeds From Sale Of Available For Sale Securities
ProceedsFromSaleOfAvailableForSaleSecurities
0 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
635000 USD
us-gaap Profit Loss
ProfitLoss
2624000 USD
us-gaap Profit Loss
ProfitLoss
1494000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
1431000 USD
us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
720000 USD
CY2012Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
53920000 USD
CY2013Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
62737000 USD
CY2013Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
483379000 USD
CY2012Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
409669000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
33031000 USD
CY2012Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
11618000 USD
CY2013Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
16291000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
44955000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
4442000 USD
CY2012Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
1629000 USD
us-gaap Real Estate Tax Expense
RealEstateTaxExpense
6483000 USD
CY2013Q3 us-gaap Real Estate Tax Expense
RealEstateTaxExpense
2673000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
2853000 USD
us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
57936000 USD
CY2013Q3 us-gaap Share Based Compensation
ShareBasedCompensation
834000 USD
CY2012Q3 us-gaap Share Based Compensation
ShareBasedCompensation
118000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
1501000 USD
CY2013Q3 us-gaap Secured Debt
SecuredDebt
123700000 USD
CY2012Q4 us-gaap Security Deposit Liability
SecurityDepositLiability
3024000 USD
CY2013Q3 us-gaap Security Deposit Liability
SecurityDepositLiability
3360000 USD
us-gaap Share Based Compensation
ShareBasedCompensation
384000 USD
wsr Exchange Offer Costs
ExchangeOfferCosts
23000 USD
CY2012Q3 us-gaap Share Price
SharePrice
12.8
us-gaap Stock Issued1
StockIssued1
72000 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
4184000 USD
CY2013Q3 us-gaap Stockholders Equity
StockholdersEquity
161071000 USD
CY2012Q4 us-gaap Stockholders Equity
StockholdersEquity
166031000 USD
CY2013Q3 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
166398000 USD
CY2012Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
172887000 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;">Use of Estimates.&#160;&#160;&#160;</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 liabilities as of the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. 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, the estimated fair value of interest rate swaps and the 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>
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17156000 shares
CY2012Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
13961000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
12526000 shares
CY2013Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
17331000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
12409000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
16916000 shares
CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
17036000 shares
CY2012Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
13842000 shares
wsr Accrued Offering Costs Change
AccruedOfferingCostsChange
85000 USD
wsr Accrued Offering Costs Change
AccruedOfferingCostsChange
15000 USD
CY2013Q3 wsr Accrued Rent And Other Recoveries
AccruedRentAndOtherRecoveries
6788000 USD
CY2012Q4 wsr Accrued Rent And Other Recoveries
AccruedRentAndOtherRecoveries
6696000 USD
CY2013Q3 wsr Carrying Value Of Collateralized Properties
CarryingValueOfCollateralizedProperties
163800000 USD
CY2013Q3 wsr Conversion Basis For Common Shares To Op Units
ConversionBasisForCommonSharesToOpUnits
1 shares
wsr Disposal Of Fully Depreciated Real Estate
DisposalOfFullyDepreciatedRealEstate
523000 USD
wsr Disposal Of Fully Depreciated Real Estate
DisposalOfFullyDepreciatedRealEstate
194000 USD
CY2012Q3 wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
5000 USD
wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
11000 USD
CY2013Q3 wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
10000 USD
wsr Distributions Paid On Unvested Restricted Shares
DistributionsPaidOnUnvestedRestrictedShares
32000 USD
wsr Dollar Amount Of Insurance Premiums Financed During Reporting Period
DollarAmountOfInsurancePremiumsFinancedDuringReportingPeriod
856000 USD
CY2013Q2 wsr Equity Distribution Agreements Authorized Amount
EquityDistributionAgreementsAuthorizedAmount
50000000 USD
CY2013Q3 wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
725000 USD
wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
1811000 USD
CY2012Q3 wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
326000 USD
wsr Income From Continuing Operations Before Loss On Disposal Of Assets And Income Taxes
IncomeFromContinuingOperationsBeforeLossOnDisposalOfAssetsAndIncomeTaxes
2899000 USD
wsr Increase Decrease In Unamortized Lease Commissions And Loan Costs
IncreaseDecreaseInUnamortizedLeaseCommissionsAndLoanCosts
993000 USD
wsr Increase Decrease In Unamortized Lease Commissions And Loan Costs
IncreaseDecreaseInUnamortizedLeaseCommissionsAndLoanCosts
674000 USD
wsr Loss Gain On Sale Or Disposal Of Assets And Properties
LossGainOnSaleOrDisposalOfAssetsAndProperties
-48000 USD
wsr Loss Gain On Sale Or Disposal Of Assets And Properties
LossGainOnSaleOrDisposalOfAssetsAndProperties
-105000 USD
wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
1384000 USD
wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
2501000 USD
CY2013Q3 wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
604000 USD
CY2012Q3 wsr Net Income Attributable To Common Shareholders Excluding Amounts Attributable To Unvested Restricted Shares
NetIncomeAttributableToCommonShareholdersExcludingAmountsAttributableToUnvestedRestrictedShares
158000 USD
wsr Non Cash Investing And Financing Activites Value Of Common Shares Exchanged For Op Units
NonCashInvestingAndFinancingActivitesValueOfCommonSharesExchangedForOpUnits
6224000 USD
wsr Non Cash Investing And Financing Activites Value Of Common Shares Exchanged For Op Units
NonCashInvestingAndFinancingActivitesValueOfCommonSharesExchangedForOpUnits
1132000 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
-9000 USD
wsr Non Cash Investing And Financing Change In Fair Value Of Cash Flow Hedge
NonCashInvestingAndFinancingChangeInFairValueOfCashFlowHedge
162000 USD
wsr Non Cash Investing And Financing Debt Discount On Acquired Note Payable
NonCashInvestingAndFinancingDebtDiscountOnAcquiredNotePayable
1329000 USD
wsr Non Cash Investing And Financing Debt Discount On Acquired Note Payable
NonCashInvestingAndFinancingDebtDiscountOnAcquiredNotePayable
0 USD
CY2013Q3 wsr Number Of Collateralized Properties
NumberOfCollateralizedProperties
22 CollateralizedProperties
wsr Real Estate Taxes Capitalized
RealEstateTaxesCapitalized
113000 USD
CY2012Q3 wsr Real Estate Taxes Capitalized
RealEstateTaxesCapitalized
50000 USD
wsr Real Estate Taxes Capitalized
RealEstateTaxesCapitalized
76000 USD
CY2013Q3 wsr Real Estate Taxes Capitalized
RealEstateTaxesCapitalized
27000 USD
CY2004Q3 wsr Reorganization And Conversion Number Of Common Shares
ReorganizationAndConversionNumberOfCommonShares
1.42857 shares
wsr Stockissuedduringperiodvaluedividendreinvestmentplannetofcosts
Stockissuedduringperiodvaluedividendreinvestmentplannetofcosts
72000 USD
CY2010Q2 wsr Tax Paid As Result Of Violation Of Five Percent Asset Test
TaxPaidAsResultOfViolationOfFivePercentAssetTest
50000 USD
CY2013Q3 wsr Tenant Receivables
TenantReceivables
5892000 USD
CY2012Q4 wsr Tenant Receivables
TenantReceivables
3536000 USD
CY2012Q3 wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
2626000 USD
wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
7388000 USD
wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
9548000 USD
CY2013Q3 wsr Tenant Reimbursement And Other Revenue
TenantReimbursementAndOtherRevenue
3697000 USD
CY2013Q3 wsr Total Other Expense
TotalOtherExpense
8748000 USD
wsr Total Other Expense
TotalOtherExpense
18698000 USD
wsr Total Other Expense
TotalOtherExpense
25015000 USD
CY2012Q3 wsr Total Other Expense
TotalOtherExpense
6694000 USD
CY2012Q4 wsr Total Real Estate Assets
TotalRealEstateAssets
355749000 USD
CY2013Q3 wsr Total Real Estate Assets
TotalRealEstateAssets
420642000 USD
CY2012Q4 wsr Unamortized Lease Commissions And Loan Costs Net
UnamortizedLeaseCommissionsAndLoanCostsNet
4160000 USD
CY2013Q3 wsr Unamortized Lease Commissions And Loan Costs Gross
UnamortizedLeaseCommissionsAndLoanCostsGross
12883000 USD
CY2012Q4 wsr Unamortized Lease Commissions And Loan Costs Gross
UnamortizedLeaseCommissionsAndLoanCostsGross
10104000 USD
CY2013Q3 wsr Unamortized Lease Commissions And Loan Costs Net
UnamortizedLeaseCommissionsAndLoanCostsNet
5564000 USD
wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.934
CY2013Q3 wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.966
wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.966
CY2012Q3 wsr Weighted Average Share Ownership In Operating Partnership
WeightedAverageShareOwnershipInOperatingPartnership
0.946
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2013
dei Document Period End Date
DocumentPeriodEndDate
2013-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001175535
CY2013Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
21942702 shares
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Whitestone REIT

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