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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2020
Dec. 31, 2019
Real estate assets, at cost:    
Land $ 870,352 $ 870,352
Buildings and improvements, less accumulated depreciation of $298,089 and $281,248, as of March 31, 2020 and December 31, 2019, respectively 1,709,699 1,719,207
Intangible lease assets, less accumulated amortization of $60,794 and $58,659, as of March 31, 2020 and December 31, 2019, respectively 57,282 61,025
Construction in progress 65,592 53,621
Real estate assets held for sale, less accumulated depreciation and amortization of $80,543 as of December 31, 2019 0 214,956
Total real estate assets 2,702,925 2,919,161
Operating lease assets 30,090 29,470
Investments in unconsolidated joint ventures 1,087,694 1,054,460
Cash and cash equivalents 292,814 12,303
Tenant receivables 4,322 2,464
Straight-line rent receivable 80,935 77,330
Prepaid expenses and other assets 29,133 21,484
Intangible lease origination costs, less accumulated amortization of $33,952 and $33,731, as of March 31, 2020 and December 31, 2019, respectively 26,386 27,971
Deferred lease costs, less accumulated amortization of $17,962 and $16,732, as of March 31, 2020 and December 31, 2019, respectively 82,886 76,385
Other assets held for sale, less accumulated amortization of $10,222 as of December 31, 2019 0 23,917
Goodwill (Note 3) 63,806 0
Total assets 4,400,991 4,244,945
Liabilities:    
Line of credit and notes payable, net of unamortized deferred financing costs of $1,930 and $2,084, as of March 31, 2020 and December 31, 2019, respectively 949,070 781,916
Bonds payable, net of discounts of $1,078 and $1,124 and unamortized deferred financing costs of $3,403 and $3,552, as of March 31, 2020 and December 31, 2019, respectively 695,519 695,324
Operating lease liabilities 2,887 2,186
Accounts payable, accrued expenses, and accrued capital expenditures 90,291 70,845
Dividends payable 0 24,209
Deferred income 18,593 16,955
Intangible lease liabilities, less accumulated amortization of $16,043 and $15,127, as of March 31, 2020 and December 31, 2019, respectively 20,244 21,839
Liabilities held for sale, less accumulated amortization of $— as of December 31, 2019 0 3,054
Total liabilities 1,776,604 1,616,328
Commitments and Contingencies (Note 7) 0 0
Equity:    
Common stock, $0.01 par value, 225,000,000 shares authorized, 114,413,205 and 115,280,597 shares issued and outstanding, as of March 31, 2020 and December 31, 2019, respectively 1,144 1,153
Additional paid-in capital 4,369,155 4,392,322
Cumulative distributions in excess of earnings (1,787,119) (1,769,234)
Cumulative other comprehensive loss (20,509) (1,101)
Total stockholders' equity attributable to Columbia Property Trust 2,562,671 2,623,140
Noncontrolling interest in Columbia Operating Partnership 56,465 0
Noncontrolling interest in Columbia Operating Partnership 5,251 5,477
Total equity 2,624,387 2,628,617
Total liabilities and equity $ 4,400,991 $ 4,244,945