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Condensed Consolidated Balance Sheets (Unaudited) - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Property, plant, and equipment:    
Property, plant, and equipment - gross $ 3,997,117 $ 2,898,139
Accumulated depreciation and depletion (1,157,430) (1,097,624)
Property, plant, and equipment – net 2,839,687 1,800,515
Operating lease right-of-use assets 75,849  
Accumulated depreciation-operating leases (10,411)  
Operating leases-net 65,438  
Financing leases:    
Financing leases - gross 78,415  
Financing leases - gross   60,503
Accumulated depreciation- financing leases (23,967)  
Accumulated depreciation- financing leases   (21,317)
Financing leases – net 54,448  
Financing leases – net   39,186
Cash and cash equivalents 320,805 208,078
Restricted cash 6,441 6,019
Accounts receivable – net of allowance of $4,946 and $5,706 at June 30, 2019 and December 31, 2018, respectively 208,978 194,279
Identifiable intangible assets – net 275,363 25,056
Goodwill 300,007 186,095
Investments in partially owned entities 12,788 14,541
Other assets 78,502 58,659
Total assets 4,162,457 2,532,428
Liabilities:    
Accounts payable and accrued expenses 287,691 253,080
Mortgage notes, senior unsecured notes, term loan and notes payable - net of unamortized deferred financing costs of $14,499 and $13,943, in the aggregate, at June 30, 2019 and December 31, 2018, respectively 1,710,523 1,351,014
Sale-leaseback financing obligations 117,420 118,920
Financing lease obligations 55,292  
Financing lease obligations   40,787
Operating lease obligations 68,428  
Unearned revenue 18,805 18,625
Pension and postretirement benefits 17,135 16,317
Deferred tax liability - net 22,669 17,992
Multi-Employer pension plan withdrawal liability 8,837 8,938
Total liabilities 2,306,800 1,825,673
Shareholders’ equity:    
Common shares of beneficial interest, $0.01 par value – authorized 250,000,000 shares; 191,634,460 and 148,234,959 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively 1,916 1,482
Paid-in capital 2,577,888 1,356,133
Accumulated deficit and distributions in excess of net earnings (707,170) (638,345)
Accumulated other comprehensive loss (16,977) (12,515)
Total shareholders’ equity 1,855,657 706,755
Total liabilities and shareholders’ equity 4,162,457 2,532,428
Land    
Property, plant, and equipment:    
Property, plant, and equipment - gross 516,874 385,232
Buildings and improvements    
Property, plant, and equipment:    
Property, plant, and equipment - gross 2,591,532 1,849,749
Financing leases:    
Financing leases - gross 11,227  
Financing leases - gross   11,227
Machinery and equipment    
Property, plant, and equipment:    
Property, plant, and equipment - gross 770,336 577,175
Financing leases:    
Financing leases - gross 67,188  
Financing leases - gross   49,276
Assets under construction    
Property, plant, and equipment:    
Property, plant, and equipment - gross 118,375 85,983
Americold Realty Operating Partnership, L.P.    
Property, plant, and equipment:    
Property, plant, and equipment - gross 3,997,117 2,898,139
Accumulated depreciation and depletion (1,157,430) (1,097,624)
Property, plant, and equipment – net 2,839,687 1,800,515
Operating lease right-of-use assets 75,849  
Accumulated depreciation-operating leases (10,411)  
Operating leases-net 65,438  
Financing leases:    
Financing leases - gross 78,415  
Financing leases - gross   60,503
Accumulated depreciation- financing leases (23,967)  
Accumulated depreciation- financing leases   (21,317)
Financing leases – net 54,448  
Financing leases – net   39,186
Cash and cash equivalents 320,805 208,078
Restricted cash 6,441 6,019
Accounts receivable – net of allowance of $4,946 and $5,706 at June 30, 2019 and December 31, 2018, respectively 208,978 194,279
Identifiable intangible assets – net 275,363 25,056
Goodwill 300,007 186,095
Investments in partially owned entities 12,788 14,541
Other assets 78,502 58,659
Total assets 4,162,457 2,532,428
Liabilities:    
Accounts payable and accrued expenses 287,691 253,080
Mortgage notes, senior unsecured notes, term loan and notes payable - net of unamortized deferred financing costs of $14,499 and $13,943, in the aggregate, at June 30, 2019 and December 31, 2018, respectively 1,710,523 1,351,014
Sale-leaseback financing obligations 117,420 118,920
Financing lease obligations 55,292  
Financing lease obligations   40,787
Operating lease obligations 68,428  
Unearned revenue 18,805 18,625
Pension and postretirement benefits 17,135 16,317
Deferred tax liability - net 22,669 17,992
Multi-Employer pension plan withdrawal liability 8,837 8,938
Total liabilities 2,306,800 1,825,673
Shareholders’ equity:    
General partner - 189,718,115 and 146,752,609 units issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 1,853,907 712,078
Limited partner - 1,916,345 and 1,482,350 units issued and outstanding as of June 30, 2019 and December 31, 2018, respectively 18,727 7,192
Accumulated other comprehensive loss (16,977) (12,515)
Total shareholders’ equity 1,855,657 706,755
Total liabilities and shareholders’ equity 4,162,457 2,532,428
Americold Realty Operating Partnership, L.P. | Land    
Property, plant, and equipment:    
Property, plant, and equipment - gross 516,874 385,232
Americold Realty Operating Partnership, L.P. | Buildings and improvements    
Property, plant, and equipment:    
Property, plant, and equipment - gross 2,591,532 1,849,749
Financing leases:    
Financing leases - gross 11,227  
Financing leases - gross   11,227
Americold Realty Operating Partnership, L.P. | Machinery and equipment    
Property, plant, and equipment:    
Property, plant, and equipment - gross 770,336 577,175
Financing leases:    
Financing leases - gross 67,188  
Financing leases - gross   49,276
Americold Realty Operating Partnership, L.P. | Assets under construction    
Property, plant, and equipment:    
Property, plant, and equipment - gross $ 118,375 $ 85,983