0001558370-18-000547.txt : 20180209 0001558370-18-000547.hdr.sgml : 20180209 20180209071916 ACCESSION NUMBER: 0001558370-18-000547 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 85 CONFORMED PERIOD OF REPORT: 20171231 FILED AS OF DATE: 20180209 DATE AS OF CHANGE: 20180209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CoreSite Realty Corp CENTRAL INDEX KEY: 0001490892 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 000000000 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34877 FILM NUMBER: 18587600 BUSINESS ADDRESS: STREET 1: 1001 17TH STREET STREET 2: SUITE 500 CITY: DENVER STATE: CO ZIP: 80202 BUSINESS PHONE: (866) 777-2673 MAIL ADDRESS: STREET 1: 1001 17TH STREET STREET 2: SUITE 500 CITY: DENVER STATE: CO ZIP: 80202 10-K 1 cor-20171231x10k.htm 10-K cor_Current_Folio_10K

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 10-K

(Mark One)

 

ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For The Fiscal Year Ended December 31, 2017

or

TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For The Transition Period From                        To                      

Commission file number 001-34877

CoreSite Realty Corporation

(Exact name of registrant as specified in its charter)

Maryland
(State or other jurisdiction of
incorporation or organization)

27-1925611
(I.R.S. Employer
Identification No.)

1001 17th Street, Suite 500
Denver, CO
(Address of principal executive offices)

80202
(Zip Code)

(866) 777-2673

(Registrant’s telephone number, including area code)

Securities registered pursuant to Section 12(b) of the Act:

Title of Class

    

Name of Exchange On Which Registered

Common Stock, $0.01 par value per share

 

New York Stock Exchange

Securities registered pursuant to Section 12(g) of the Act: None

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒   No ☐

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐   No ☒

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒   No ☐

Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§ 232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes ☒   No ☐

Indicate by check mark if disclosure of delinquent filers pursuant to Item 405 of Regulations S-K (§ 229.405 of this chapter) is not contained herein, and will not be contained, to the best of registrant’s knowledge, in definitive proxy or information statements incorporated by reference in Part III of this Form 10-K or any amendment of this Form 10-K. ☒

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act. (Check one):

Large accelerated filer ☒

Accelerated filer ☐

Non-accelerated filer ☐
(Do not check if a
smaller reporting company)

Smaller reporting company ☐

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Act). Yes ☐   No ☒

The aggregate market value of common equity held by non-affiliates of the registrant was approximately $2,571.3 million as of June 30, 2017, the last business day of the registrant’s most recently completed second fiscal quarter. For purposes of the foregoing calculation, all directors and executive officers of the registrant and holders of more than 10% of the registrant’s common equity are assumed to be affiliates of the registrant. This determination of affiliate status is not necessarily a conclusive determination for other purposes.

As of February 7, 2018, there were 34,243,139 shares of the registrant’s Common Stock, $0.01 par value per share, outstanding.

DOCUMENTS INCORPORATED BY REFERENCE

Portions of the registrant’s definitive proxy statement to be filed in conjunction with the registrant’s 2018 Annual Meeting of Stockholders, which is expected to be filed not later than 120 days after the registrant’s fiscal year ended December 31, 2017, are incorporated by reference in Part III of this report.

 

 


 

Table of Contents

 

 

 

Page

PART I 

4

ITEM 1. BUSINESS 

18

ITEM 1A. RISK FACTORS 

38

ITEM 1B. UNRESOLVED STAFF COMMENTS 

38

ITEM 2. PROPERTIES 

38

ITEM 3. LEGAL PROCEEDINGS 

38

ITEM 4. MINE SAFETY DISCLOSURES 

39

PART II 

40

ITEM 5. MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES 

40

ITEM 6. SELECTED FINANCIAL DATA 

43

ITEM 7. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS 

45

ITEM 7A. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 

58

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA 

59

ITEM 9. CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE 

91

ITEM 9A. CONTROLS AND PROCEDURES 

91

ITEM 9B. OTHER INFORMATION 

92

PART III 

92

ITEM 10. DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE 

92

ITEM 11. EXECUTIVE COMPENSATION 

92

ITEM 12. SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS 

92

ITEM 13. CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE 

92

ITEM 14. PRINCIPAL ACCOUNTING FEES AND SERVICES 

92

PART IV 

93

ITEM 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES 

93

SIGNATURES 

97

Exhibit 12.1

 

Exhibit 12.2

 

Exhibit 21.1

 

Exhibit 23.1

 

Exhibit 31.1

 

Exhibit 31.2

 

Exhibit 32.1

 

Exhibit 32.2

 

 

2


 

Cautionary Note Regarding Forward‑Looking Statements

This Annual Report on Form 10‑K for the fiscal year ended December 31, 2017 (this “Annual Report”), together with other statements and information publicly disseminated by our company, contains certain forward‑looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 (“PSLRA”), namely Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”). We intend such forward‑looking statements to be covered by the safe harbor provisions for forward‑looking statements contained in the PSLRA and include this statement for purposes of complying with these safe harbor provisions.

In particular, statements pertaining to our capital resources, portfolio performance, business strategies and results of operations contain forward‑looking statements. You can identify forward‑looking statements by the use of forward‑looking terminology such as “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “pro forma” or “anticipates” or the negative of these words and phrases or similar words or phrases that are predictions of or indicate future events or trends and that do not relate solely to historical matters. You can also identify forward‑looking statements by discussions of strategy, plans or intentions. Such statements are subject to risks, uncertainties and assumptions and are not guarantees of future performance, which may be affected by known and unknown risks, trends, uncertainties and factors that are beyond our control. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those anticipated, estimated or projected. The following factors, among others, could cause actual results and future events to differ materially from those set forth or contemplated in the forward‑looking statements: (i) the geographic concentration of our data centers in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets; (ii) fluctuations in interest rates and increased operating costs; (iii) difficulties in identifying properties to acquire and completing acquisitions; (iv) the significant competition in our industry and an inability to lease vacant space, renew existing leases or release space as leases expire; (v) lack of sufficient customer demand to realize expected returns on our investments to expand our property portfolio; (vi) decreased revenue from costs and disruptions associated with any failure of our physical infrastructure or services; (vii) our ability to lease available space to existing or new customers; (viii) our failure to obtain necessary outside financing; (ix) our failure to qualify or maintain our status as a Real Estate Investment Trust (“REIT”); (x) financial market fluctuations; (xi) changes in real estate and zoning laws and increases in real property tax rates; (xii) delays or disruptions in third‑party network connectivity; (xiii) service failures or price increases by third party power suppliers; (xiv) inability to renew net leases on the data center properties we lease; and (xv) other factors affecting the real estate industry generally.

In addition, important factors that could cause actual results to differ materially from the forward‑looking statements include the risk factors in Item 1A. “Risk Factors” and elsewhere in this Annual Report. New risks and uncertainties arise from time to time, and we cannot predict those events or how they might affect us. We assume no obligation to update any forward‑looking statements after the date of this Annual Report, except as required by applicable law. Given these risks and uncertainties, investors should not place undue reliance on forward‑looking statements as a prediction of actual results.

When we use the terms “we,” “us,” “our,” the “Company,” “CoreSite” and “our company” in this Annual Report, we are referring to CoreSite Realty Corporation, a Maryland corporation, together with our consolidated subsidiaries, including CoreSite, L.P., a Delaware limited partnership of which we are the sole general partner and which we refer to as “our Operating Partnership.”

 

3


 

PART I

ITEM 1.  BUSINESS

The Company

We deliver secure, reliable, high‑performance data center and interconnection solutions to a growing customer ecosystem across eight key North American communication markets. More than 1,200 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose CoreSite to connect, protect and optimize their performance-sensitive data, applications and computing workloads.

Our Business

We are a fully integrated, self‑administered, and self‑managed real estate investment trust (“REIT”) for federal income tax purposes and we conduct certain activities through our taxable REIT subsidiaries. Through our controlling interest in CoreSite, L.P., a Delaware limited partnership, our “Operating Partnership,” we are engaged in the business of ownership, acquisition, construction and operation of strategically located data centers in some of the largest and fastest growing data center markets in the United States, including the Northern Virginia (including Washington D.C.), New York, and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. We are a Maryland corporation organized in 2010.

Our data centers are highly specialized and secure buildings that house networking, storage and communications technology infrastructure, including servers, storage devices, switches, routers and fiber optic transmission equipment. These buildings are designed to provide the power, cooling and network connectivity necessary to efficiently operate this mission‑critical equipment. Data centers located at points where many communications networks converge can also function as interconnection hubs where customers are able to connect to multiple networks and exchange traffic with each other. Our data centers feature advanced reliable and efficient power, cooling and security systems, including generally twenty-four-hours-a-day, seven-days-a-week in‑house security staffing, and many are points of network interconnection that provide the evolved ecosystems our customers need to meet their own competitive challenges and business goals. We believe we have the flexibility and scalability to satisfy the full spectrum of our customers’ growth requirements and corresponding data center needs by providing data center space ranging in size from an entire building or large dedicated suite to a cage or half cabinet.

The first data center in our portfolio was purchased in 2000 by certain real estate funds (the “Funds”) affiliated with The Carlyle Group, our predecessor, and since then we have continued to acquire, develop and operate these types of data center facilities. Our properties are self‑managed, including construction project management in connection with our development initiatives. As of December 31, 2017, and including the two-acre land parcel acquired for CH2 on January 29, 2018, as described below, our property portfolio included 20 operating data center facilities, office and light‑industrial space and multiple development projects and space, which collectively comprise, when fully built-out, over 4.1 million net rentable square feet (“NRSF”), of which over 2.2 million NRSF is existing operating data center space.

Recent Developments

On January 29, 2018, we acquired a two-acre land parcel located in downtown Chicago, Illinois, for a purchase price of $4.5 million. We expect to build a 175,000 square foot turn-key data center building on the acquired land parcel, which we refer to as CH2, upon the receipt of necessary entitlements.

Our Competitive Strengths

We believe the following key competitive strengths position us to efficiently scale our business, capitalize on the demand for data center space and interconnection services, and thereby grow our cash flow.

Secure, Reliable, and Compliant.  We help businesses protect mission‑critical data, performance sensitive applications and IT infrastructure by delivering secure, reliable, and compliant data center solutions. Our data centers feature advanced efficient power and cooling infrastructure to support our customers’ IT infrastructure with additional power capacity to support continued growth. We provide twenty‑four‑hours‑a‑day, seven‑days‑a‑week in‑house security

4


 

guard monitoring with customizable security features. We also provide the infrastructure and physical security required to support many of our customers’ information, data, and security compliance needs across all of our properties.

High Performance Interconnection.  We offer cloud-enabled, network rich data center campuses with over 25,000 interconnections across our portfolio. Our customers have direct access to over 400 carriers and Internet Service Providers (“ISPs”) and over 350 leading cloud and IT service providers. In addition to standard interconnection offerings, we also operate the CoreSite Open Cloud Exchange™, and the Any2 Exchange for Internet Peering, the second largest peering exchange in the U.S. The diverse network and cloud connectivity options at many of our data centers provide us with a competitive advantage by creating an ideal environment for enterprises to build holistic, streamlined hybrid cloud solutions. Many providers in our data center facilities can leverage our sites as revenue opportunities by offering their services directly to other customers within our data centers, while enterprises can reduce their total cost of operations by directly connecting to service providers in the same data center in a cost effective manner.

Scalable.  Across 20 operating data centers in eight key North American markets, we lease space to enterprises, cloud and IT service providers, and network and mobility providers. We believe our ability to be both flexible and scalable is a key differentiator. We offer many space, power, and interconnection options that allow customers to select products and services that meet their needs. We believe we have a compelling combination of presence in most of the top data center markets in the U.S. with the ability to meet customers’ growing capacity requirements within those markets.

We have the ability to increase our occupied data center square footage by approximately 1,719,000 NRSF, or 84%, through leasing our 203,000 NRSF of unoccupied space and the development of 220,000 NRSF space under construction as of December 31, 2017, and approximately 1,296,000 NRSF at multiple facilities that are available for future development based on market supply and demand, including the two-acre CH2 land parcel acquired on January 29, 2018.

High-Quality Customer Experience.  We believe our 465 professionals deliver best‑in‑class service by placing customer needs first in supporting the planning, implementation and operating requirements of customers. We provide dedicated implementation resources to ensure a seamless onboarding process for customers. Our leasing and sales professionals can develop complex data center solutions for the most demanding customer requirements and our experienced and committed operations and facilities personnel are available for extensive management support. We believe our customer satisfaction is indicated by the 92% of 2017 leasing volume which came from existing customers.

Facilities in Key Markets.  Our portfolio is concentrated in some of the largest and most important U.S. metropolitan markets and we expect to continue benefitting from this concentration as customers seek new, high‑quality data center space and interconnections within our markets, which are many of the key North American network, financial, cloud and commercial hubs. Our data centers are located in the Northern Virginia (including Washington D.C.), New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami and Denver. Many of our facilities are also situated in close proximity to a concentration of key businesses and corporations, driving demand for our data center space and interconnection services.

Diversified Customer Base.    We have a diverse, global customer base, which we believe is a reflection of our strong reputation and proven track record, as well as our customers’ trust in our ability to house their mission‑critical applications and vital communications technology. Our diverse customer base spans many industries across eight key North America markets. In addition to geographic markets, we group our customers into the following industry verticals:

·

Enterprises: digital content and multimedia, systems integrators and managed service providers (“SI & MSP”), financial, healthcare, education, government, manufacturing and professional services

·

Cloud and IT Service Providers; and

·

Networks and Mobility: domestic and international telecommunications carriers, subsea cables, ISPs and Content Delivery Networks (“CDNs”)

5


 

Business and Growth Strategies

Our business objective is to continue growing our position as a provider of strategically located data center space in North America. Key components of our strategy include the following:

Increase Cash Flow from In‑Place Data Center Space.  We actively manage and lease our properties to increase cash flow by:

·

Leasing Available Space.  We have the ability to increase both our revenue and our revenue per square foot by leasing additional space and power services to new and existing data center customers. As of December 31, 2017, substantially all of our data center facilities had space and power available to offer our customers the ability to increase their square footage under lease as well as the amount of power they use per square foot. Our existing data center facilities have approximately 203,000 NRSF of data center space available to lease, or 9.0% of our current operating data center portfolio. We believe this space, together with available power, enables us to generate incremental revenue within our existing data center footprint.

·

Increasing Interconnection in our Facilities.  As more customers colocate in our data center facilities, it benefits their business partners and customers to colocate with CoreSite in order to gain the full economic and performance benefits of our interconnection services. We believe this ecosystem of customers continues to drive new and existing customer growth, and in turn, increases the volume of interconnection services and the amount of value‑add power services such as breakered AC and DC primary and redundant power.

Capitalize on Embedded Expansion Opportunities.  We plan to grow by developing new secure, reliable and high‑performance data center space. Our development opportunities include leveraging existing in‑place infrastructure and entitlements in currently operating properties or campuses. In many cases, we are able to strategically deploy capital by developing space in incremental phases to meet customer demand. Including the space currently under construction at December 31, 2017, space and land targeted for future development, and the two-acre CH2 land parcel acquired on January 29, 2018, we own land and buildings sufficient to develop approximately 1,516,000 NRSF of data center space.

6


 

The following table summarizes the NRSF under construction and NRSF held for development throughout our portfolio, each as of December 31, 2017, including the two-acre CH2 land parcel, which was acquired January 29, 2018:

 

 

 

 

 

 

 

 

 

 

Development Opportunities (in NRSF)

 

 

 

Under

 

Held for

 

 

 

Facilities

 

Construction(1)

 

Development(2)

 

Total

 

Santa Clara campus

 

 

 

 

 

 

 

SV8(3)

 

 —

 

175,000

 

175,000

 

San Francisco Bay Total

 

 —

 

175,000

 

175,000

 

One Wilshire campus

 

 

 

 

 

 

 

LA1

 

 —

 

10,352

 

10,352

 

LA2

 

87,263

 

29,770

 

117,033

 

LA3(3)

 

 —

 

180,000

 

180,000

 

Los Angeles Total

 

87,263

 

220,122

 

307,385

 

Northern Virginia

 

 

 

 

 

 

 

VA1

 

 —

 

 —

 

 —

 

DC2

 

24,563

 

 —

 

24,563

 

Reston Campus Expansion(4)

 

74,759

 

536,313

 

611,072

 

Northern Virginia Total

 

99,322

 

536,313

 

635,635

 

New York

 

 

 

 

 

 

 

NY2

 

18,121

 

116,387

 

134,508

 

Chicago

 

 

 

 

 

 

 

CH2(3)

 

 —

 

175,000

 

175,000

 

Boston

 

 

 

 

 

 

 

BO1

 

 —

 

59,884

 

59,884

 

Denver

 

 

 

 

 

 

 

DE1

 

15,630

 

 —

 

15,630

 

Miami

 

 

 

 

 

 

 

MI1

 

 —

 

13,154

 

13,154

 

Total Facilities(5)

 

220,336

 

1,295,860

 

1,516,196

 


(1)

Represents NRSF for which substantial construction activities are ongoing to prepare the property for its intended use following development. The NRSF reflects management’s estimate of engineering drawings and required support space and is subject to change based on final demising of space.

(2)

Represents estimated incremental data center capacity currently vacant in existing facilities or on vacant land in our portfolio that requires significant capital investment in order to develop into data center facilities.

(3)

The NRSF for these facilities reflect management’s estimates based on our current construction plans and expectations regarding entitlements. These estimates are subject to change based on current economic conditions, final zoning approvals, and the supply and demand dynamics of the market.

(4)

The Reston Campus Expansion project is estimated to deliver 611,000 NRSF of incremental data center capacity (of which 74,759 NRSF is under construction) across multiple phases with new buildings and as existing light-industrial / flex office leases expire and customers vacate. Based on our design plan and entitlement application, we believe we may be able to build an additional 286,000 NRSF for a total of 897,000 NRSF of incremental data center capacity. These estimates are subject to change based on current economic conditions, final zoning approvals, and the supply and demand dynamics of the market. The table assumes the minimum expected zoning entitlement.

(5)

In addition to our development opportunities disclosed within this table, we have land adjacent to our NY2 facility, in the form of an existing parking lot. By utilizing this land, we believe that we could develop 100,000 NRSF on our available acreage in Secaucus, New Jersey, upon receipt of necessary entitlements.

Selectively Pursue Acquisition and Development Opportunities in New and Existing Markets.  We evaluate opportunities to acquire or develop data center space with abundant power and/or dense points of interconnection in key markets that will expand our customer base and broaden our geographic footprint. Such acquisitions may entail subsequent development, which requires significant capital expenditures. We also intend to

7


 

continue to implement the “hub‑and‑spoke strategy” that we have deployed in our four largest markets, namely Los Angeles, New York, the San Francisco Bay area and Northern Virginia. In these markets, we have extended our data center footprint by connecting our newer facilities, the spokes, to our established data centers, our hubs, which allows our customers leasing space at the spokes to leverage the significant interconnection capabilities of our hubs. In order to deploy our “hub‑and‑spoke strategy,” we typically rely on third‑party providers of network connectivity to establish highly reliable network connectivity within and between facilities. We expect to build a 175,000 square foot turn-key data center building on the acquired land parcel, which we refer to as CH2, upon the receipt of necessary entitlements. The land is located close enough to our existing CH1 facility and network node to be connected via diverse, high-count, dark fiber to create campus interconnectivity.

Leverage Existing Customer Relationships and Reach New Customers.  Our strong customer and industry relationships, combined with our national footprint and sales force, afford us insight into the size, timing and location of customers’ planned growth. We historically have been successful in leveraging this market visibility to expand our footprint and customer base in existing and new markets. We intend to continue to strengthen and expand our relationships with existing customers and to further grow and diversify our customer base by targeting growing customers and segments, such as domestic and international telecommunications carriers, content and media entertainment providers, cloud providers and other enterprise customers, including financial, health care, educational institutions and government agencies.

8


 

Our Portfolio

As of December 31, 2017, and including the two-acre CH2 land parcel acquired on January 29, 2018, our property portfolio included 20 operating data center facilities, office and light‑industrial space and multiple potential development projects that collectively comprise over 4.1 million NRSF, of which over 2.2 million NRSF is existing data center space. The approximately 1.5 million NRSF of development projects includes space available for development and construction of new data center facilities. We expect that this development potential plus any incremental investment into existing or new markets will enable us to accommodate existing and future customer demand and position us to continue to increase our operating cash flows. The following table provides an overview of our property portfolio as of December 31, 2017, including the two-acre CH2 land parcel acquired on January 29, 2018:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Data Center Operating NRSF (1)

 

Development

 

 

 

 

 

 

 

 

Stabilized

 

Pre-Stabilized (2)

 

Total

 

NRSF (3)

 

Total NRSF

 

 

 

Annualized

 

 

 

Percent

 

 

 

Percent

 

 

 

Percent

 

 

 

Total

 

Market/Facilities

 

Rent ($000)(4)

    

Total

    

Occupied(5)

    

Total

    

Occupied(5)

    

Total

    

Occupied(5)

    

Total

    

Portfolio

 

San Francisco Bay

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SV1

 

$

6,133

 

85,932

 

84.6

%

 —

 

 —

%

85,932

 

84.6

%

 —

 

85,932

 

SV2

 

 

8,114

 

76,676

 

94.0

 

 —

 

 —

 

76,676

 

94.0

 

 —

 

76,676

 

Santa Clara campus

 

 

66,564

 

538,615

 

98.9

 

76,885

 

54.4

 

615,500

 

93.4

 

175,000

 

790,500

 

San Francisco Bay Total

 

 

80,811

 

701,223

 

96.6

 

76,885

 

54.4

 

778,108

 

92.5

 

175,000

 

953,108

 

Los Angeles

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One Wilshire campus

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LA1*

 

 

29,923

 

139,053

 

96.1

 

 —

 

 —

 

139,053

 

96.1

 

10,352

 

149,405

 

LA2

 

 

37,680

 

264,512

 

96.1

 

43,345

 

66.0

 

307,857

 

91.8

 

117,033

 

424,890

 

LA3

 

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

 

180,000

 

180,000

 

Los Angeles Total

 

 

67,603

 

403,565

 

96.1

 

43,345

 

66.0

 

446,910

 

93.2

 

307,385

 

754,295

 

Northern Virginia

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VA1

 

 

29,232

 

198,632

 

90.5

 

3,087

 

 —

 

201,719

 

89.1

 

 —

 

201,719

 

VA2

 

 

17,817

 

139,033

 

97.8

 

49,414

 

63.4

 

188,447

 

88.7

 

 —

 

188,447

 

DC1*

 

 

3,295

 

22,137

 

79.5

 

 —

 

 —

 

22,137

 

79.5

 

 —

 

22,137

 

DC2*

 

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

 

24,563

 

24,563

 

Reston Campus Expansion(6)

 

 

1,136

 

48,928

 

100.0

 

 —

 

 —

 

48,928

 

100.0

 

611,072

 

660,000

 

Northern Virginia Total

 

 

51,480

 

408,730

 

93.5

 

52,501

 

59.6

 

461,231

 

89.7

 

635,635

 

1,096,866

 

New York

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NY1*

 

 

6,068

 

48,404

 

83.2

 

 —

 

 —

 

48,404

 

83.2

 

 —

 

48,404

 

NY2

 

 

13,150

 

101,742

 

86.9

 

 —

 

 —

 

101,742

 

86.9

 

134,508

 

236,250

 

New York Total

 

 

19,218

 

150,146

 

85.7

 

 —

 

 —

 

150,146

 

85.7

 

134,508

 

284,654

 

Chicago

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CH1

 

 

19,191

 

178,407

 

92.5

 

 —

 

 —

 

178,407

 

92.5

 

 —

 

178,407

 

CH2

 

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

 

 —

 

175,000

 

175,000

 

Chicago Total

 

 

19,191

 

178,407

 

92.5

 

 —

 

 —

 

178,407

 

92.5

 

175,000

 

353,407

 

Boston

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BO1

 

 

18,514

 

180,057

 

97.1

 

13,735

 

 —

 

193,792

 

90.3

 

59,884

 

253,676

 

Denver

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DE1*

 

 

2,587

 

9,813

 

100.0

 

4,341

 

53.6

 

14,154

 

85.8

 

15,630

 

29,784

 

DE2*

 

 

460

 

5,140

 

96.6

 

 —

 

 —

 

5,140

 

96.6

 

 —

 

5,140

 

Denver Total

 

 

3,047

 

14,953

 

98.8

 

4,341

 

53.6

 

19,294

 

88.7

 

15,630

 

34,924

 

Miami

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MI1

 

 

1,501

 

30,176

 

66.2

 

 —

 

 —

 

30,176

 

66.2

 

13,154

 

43,330

 

Total Data Center Facilities

 

$

261,365

 

2,067,257

 

94.4

%  

190,807

 

54.6

%  

2,258,064

 

91.0

%  

1,516,196

 

3,774,260

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Office and Light-Industrial(7)

 

 

8,125

 

354,721

 

80.1

 

 —

 

 —

 

354,721

 

80.1

 

 —

 

354,721

 

Reston Office and Light-Industrial(6)

 

 

2,101

 

150,375

 

100.0

 

 —

 

 —

 

150,375

 

100.0

 

(150,375)

 

 —

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Portfolio

 

$

271,591

 

2,572,353

 

92.7

%  

190,807

 

54.6

%  

2,763,160

 

90.1

%  

1,365,821

 

4,128,981

 


*Indicates properties in which we hold a leasehold interest.

(1)

Represents NRSF at each operating facility that is currently occupied or readily available for lease as data center space and pre‑stabilized data center space. Both occupied and available data center NRSF includes a factor based on management’s estimate to account for a customer’s proportionate share of the required data center support space (such as the mechanical, telecommunications and utility rooms) and building common areas, which may be updated on a periodic basis to reflect the most current build‑out of our properties. Operating data center NRSF may require investment of Deferred Expansion Capital (see definition on page 12).

(2)

Pre‑stabilized NRSF represents projects or facilities that recently have been developed and are in the initial lease‑up phase. Pre‑stabilized projects or facilities become stabilized operating properties at the earlier of achievement of 85% occupancy or 24 months after development completion.

9


 

(3)

Represents incremental data center capacity currently vacant in existing facilities in our portfolio that requires significant capital investment in order to develop into data center facilities. Includes NRSF under construction for which substantial activities are ongoing to prepare the property for its intended use following development. The NRSF reflects management’s estimate of engineering drawings and required support space and is subject to change based on final demising of space.

(4)

Represents the monthly contractual rent under existing commenced customer leases as of December 31, 2017, multiplied by 12. This amount reflects total annualized base rent before any one‑time or non‑recurring rent abatements and excludes power revenue, interconnection revenue and operating expense reimbursement. On a gross basis, our total portfolio annualized rent was approximately $277.8 million as of December 31, 2017, which includes $6.2 million in operating expense reimbursements under modified gross and triple‑net leases.

(5)

Includes customer leases that have commenced and are occupied as of December 31, 2017. The percent occupied is determined based on occupied square feet as a proportion of total operating NRSF as of December 31, 2017. The percent occupied for stabilized data center space would have been 95.2%, rather than 94.4%, if all leases signed in the current and prior periods had commenced. The percent occupied for our total portfolio, including stabilized data center space, pre‑stabilized space and office and light‑industrial space, would have been 91.1%, rather than 90.1%, if all leases signed in current and prior periods had commenced.

(6)

Included within our Reston Campus Expansion held for development space is 150,375 NRSF that is currently operating as office and light-industrial space.

(7)

Represents space that is currently occupied or readily available for lease as space other than data center space, which typically is offered for office or light‑industrial uses.

10


 

“Same‑Store” statistics are based on space within each data center facility that was leased or available to be leased as of December 31, 2015, excluding space for which development was completed and became available to be leased after December 31, 2015. We track Same‑Store space leased or available to be leased at the computer room level within each data center facility. The following table shows the December 31, 2017, Same‑Store operating statistics. For comparison purposes, the operating activity totals as of December 31, 2016, and 2015, for this space are provided at the bottom of this table.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Same-Store Property Portfolio (in NRSF)

 

 

 

 

 

 

Data Center

 

Office and Light-Industrial

 

Total

 

 

 

Annualized

 

 

 

Percent

 

 

 

Percent

 

 

 

Percent

 

Market/Facilities

    

Rent ($000)(1)

    

Total

    

Occupied(2)

    

Total

    

Occupied(2)

    

Total

    

Occupied(2)

 

San Francisco Bay

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SV1

 

$

11,863

 

85,932

 

84.6

%  

234,238

 

80.9

%  

320,170

 

81.9

%

SV2

 

 

8,114

 

76,676

 

94.0

 

 —

 

 —

 

76,676

 

94.0

 

Santa Clara campus

 

 

30,651

 

252,009

 

97.7

 

712

 

95.0

 

252,721

 

97.7

 

San Francisco Bay Total

 

 

50,628

 

414,617

 

94.3

 

234,950

 

81.0

 

649,567

 

89.5

 

Los Angeles

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

One Wilshire campus

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LA1*

 

 

30,100

 

139,053

 

96.1

 

4,373

 

79.4

 

143,426

 

95.6

 

LA2

 

 

30,072

 

259,786

 

96.0

 

7,029

 

75.8

 

266,815

 

95.4

 

Los Angeles Total

 

 

60,172

 

398,839

 

96.0

 

11,402

 

77.2

 

410,241

 

95.5

 

Northern Virginia

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

VA1

 

 

30,353

 

198,633

 

90.5

 

61,050

 

91.2

 

259,683

 

90.7

 

VA2

 

 

10,226

 

92,173

 

100.0

 

 —

 

 —

 

92,173

 

100.0

 

DC1*

 

 

3,295

 

22,137

 

79.5

 

 —

 

 —

 

22,137

 

79.5

 

Northern Virginia Total

 

 

43,874

 

312,943

 

92.5

 

61,050

 

91.2

 

373,993

 

92.3

 

New York

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NY1*

 

 

6,081

 

48,404

 

83.2

 

209

 

100.0

 

48,613

 

83.3

 

NY2

 

 

13,580

 

101,742

 

86.9

 

20,735

 

45.8

 

122,477

 

79.9

 

New York Total

 

 

19,661

 

150,146

 

85.7

 

20,944

 

46.3

 

171,090

 

80.9

 

Chicago

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CH1

 

 

19,285

 

178,407

 

92.5

 

4,946

 

76.0

 

183,353

 

92.1

 

Boston

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

BO1

 

 

16,328

 

166,026

 

97.8

 

19,495

 

76.6

 

185,521

 

95.5

 

Denver

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

DE1*

 

 

1,460

 

5,878

 

100.0

 

 —

 

 —

 

5,878

 

100.0

 

DE2*

 

 

460

 

5,140

 

96.6

 

 —

 

 —

 

5,140

 

96.6

 

Denver Total

 

 

1,920

 

11,018

 

98.4

 

 —

 

 —

 

11,018

 

98.4

 

Miami

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

MI1

 

 

1,525

 

30,176

 

66.2

 

1,934

 

55.7

 

32,110

 

65.5

 

Total Facilities at December 31, 2017(3)

 

$

213,393

 

1,662,172

 

93.3

%  

354,721

 

80.1

%  

2,016,893

 

91.0

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Facilities at December 31, 2016

 

$

206,038

 

 

 

92.3

%  

 

 

76.2

%  

 

 

89.5

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Facilities at December 31, 2015

 

$

191,088

 

 

 

89.8

%  

 

 

72.6

%  

 

 

86.8

%


*Indicates properties in which we hold a leasehold interest.

(1)

Represents the monthly contractual rent under existing commenced customer leases as of each respective period, multiplied by 12. This amount reflects total annualized base rent before any one‑time or non‑recurring rent abatements and excludes power revenue, interconnection revenue and operating expense reimbursement.

(2)

Includes customer leases that have commenced and are occupied as of each respective period. The percent occupied is determined based on occupied square feet as a proportion of total operating NRSF.

(3)

The percent occupied for data center space, office and light‑industrial space, and total space would have been 94.3%, 80.6% and 91.9%, respectively, if all leases signed in the current and prior periods had commenced.

Same‑Store annualized rent increased to $213.4 million at December 31, 2017, compared to $206.0 million at December 31, 2016. The increase of $7.4 million is due primarily to the increase of $4.6 million, $2.8 million, $2.5 million, and $0.8 million in Same-Store annualized rent at our New York, Northern Virginia (including Washington D.C.), Los Angeles, and Chicago markets, respectively. The increase was partially offset by the expiration of $4.1 million in annualized rent associated with a previously restructured lease agreement at our Santa Clara campus.

11


 

Capital Expenditures

The following table sets forth information regarding capital expenditures during the year ended December 31, 2017 (in thousands):

 

 

 

 

 

 

 

Year Ended

 

 

    

December 31, 2017

 

Data center expansion

 

$

144,410

 

Non-recurring investments

 

 

11,664

 

Tenant improvements

 

 

6,764

 

Recurring capital expenditures

 

 

23,725

 

Total capital expenditures

 

$

186,563

 

 

During the year ended December 31, 2017, we incurred approximately $186.6 million of capital expenditures, of which approximately $144.4 million related to data center expansion activities, including new data center construction, the development of capacity within existing data centers and other revenue generating investments. As we construct data center capacity, we work to optimize both the amount of capital we deploy on power and cooling infrastructure and the timing of that capital deployment; as such, we generally construct our power and cooling infrastructure supporting our data center NRSF based on our estimate of customer utilization. This practice can result in our investment at a later time in “Deferred Expansion Capital”. We define Deferred Expansion Capital as our estimate of the incremental capital we may invest in the future to add power or cooling infrastructure to support existing or anticipated future customer utilization of NRSF within our operating data centers.

During the year ended December 31, 2017, we completed development of one computer room at LA2, two computer rooms at DE1, one computer room at BO1, and two computer rooms at VA1. As of December 31, 2017, we have ongoing development projects at LA2, VA3, DE1, DC2, and NY2 scheduled to complete at various times during the year ending December 31, 2018. The following table sets forth capital expenditures spent on data center NRSF placed into service during the year ended December 31, 2017, or under construction as of December 31, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NRSF

 

 

 

Data Center

 

Placed into

 

Under

 

Property

    

Expansion

    

Service

    

Construction

 

LA2

 

$

56,090

 

4,726

 

87,263

 

Reston Expansion

 

 

30,691

 

 —

 

74,759

 

SV8(1)

 

 

13,337

 

 —

 

 —

 

BO1

 

 

8,264

 

13,735

 

 —

 

DE1

 

 

7,249

 

8,276

 

15,630

 

DC2

 

 

4,405

 

 —

 

24,563

 

Other

 

 

24,374

 

3,087

 

18,121

 

Total

 

$

144,410

 

29,824

 

220,336

 


(1)

On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus with a total real estate value of $12.2 million. We plan to build a 175,000 NRSF turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.

During the year ended December 31, 2017, we incurred approximately $11.7 million in non‑recurring investments, of which $7.4 million is a result of internal IT software development and the remaining $4.3 million is a result of other non‑recurring investments, such as remodel or upgrade projects.

During the year ended December 31, 2017, we incurred approximately $6.8 million in tenant improvements, of which $6.2 million relates to tenant specific power installations and the remaining $0.6 million relates to numerous small tenant improvement projects at various properties.

During the year ended December 31, 2017, we incurred approximately $23.7 million of recurring capital expenditures within our portfolio, of which $11.9 million relates to the replacement and upgrade of an existing chiller system at our LA2 facility and the remaining $11.8 million is for other required equipment upgrades that have a future economic benefit.

12


 

Customer Diversification

The following table sets forth information regarding the ten largest customers in our portfolio based on total portfolio annualized rent as of December 31, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  

 

 

 

  

 

  

 

 

 

 

  

 

 

Weighted

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Average

 

 

 

 

 

 

 

 

 

 

Percentage

 

 

 

Percentage

 

Remaining

 

 

 

 

 

 

Number

 

Total

 

of Total

 

Annualized

 

of Total

 

Lease

 

 

 

 

 

 

of

 

Occupied

 

Operating

 

Rent

 

Annualized

 

Term in

 

 

CoreSite Vertical

 

Customer Industry

 

Locations

 

NRSF(1)

 

NRSF(2)

 

($000)(3)

 

Rent(4)

 

Months(5)

 

1

Cloud

    

Public Cloud

    

5

    

86,892

    

3.2

%

$

17,438

    

6.4

%

99

 

2

Cloud

 

Public Cloud

 

11

  

293,085

  

10.6

 

 

16,295

  

6.0

 

55

 

3

Enterprise

 

Travel / Hospitality

 

3

  

103,959

  

3.8

 

 

15,257

  

5.6

 

25

 

4

Cloud

 

Private Cloud

 

2

  

115,811

  

4.2

 

 

10,903

  

4.0

 

62

 

5

Enterprise

 

SI & MSP

 

3

  

63,671

  

2.3

 

 

8,622

  

3.2

 

20

 

6

Enterprise

 

SI & MSP

 

3

  

16,421

  

0.6

 

 

5,951

  

2.2

 

11

 

7

Enterprise

 

SI & MSP

 

2

  

23,311

  

0.8

 

 

5,714

  

2.1

 

23

 

8

Network

 

Global Carrier

 

6

  

28,002

  

1.0

 

 

5,023

  

1.8

 

16

 

9

Cloud

 

Software as a Service

 

1

  

30,618

  

1.1

 

 

4,466

  

1.7

 

10

 

10

Enterprise

 

Digital Content

 

4

  

33,327

  

1.2

 

 

4,192

  

1.6

 

23

 

 

Total/Weighted Average

 

 

  

795,097

  

28.8

%

$

93,861

  

34.6

%

46

 


(1)

Total occupied NRSF is determined based on contractually leased square feet for leases that have commenced on or before December 31, 2017. We calculate occupancy based on factors in addition to contractually occupied square feet, including required data center support space (such as the mechanical, telecommunications and utility rooms) and building common areas.

(2)

Represents the customer’s total occupied square feet divided by the total operating NRSF in the portfolio as of December 31, 2017.

(3)

Represents the monthly contractual rent under existing commenced customer leases as of December 31, 2017, multiplied by 12. This amount reflects total annualized base rent before any one‑time or non‑recurring rent abatements and excludes power revenue, interconnection revenue and operating expense reimbursement.

(4)

Represents the customer’s total annualized rent divided by the total annualized rent in the portfolio as of December 31, 2017.

(5)

Weighted average based on percentage of total annualized rent expiring calculated as of December 31, 2017.

Lease Expirations

The following summary table sets forth a schedule of the expirations for leases in place as of December 31, 2017, plus unoccupied space, for each of the five full calendar years beginning January 1, 2018, at the properties in our

13


 

portfolio (excluding space held for development or under construction). The information set forth in the table assumes that customers exercise no renewal options or early termination rights.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

 

 

 

 

 

 

 

Annualized

 

 

 

Number

 

Operating

 

Percentage

 

 

 

 

Percentage

 

Annualized

 

Annualized

 

Rent Per

 

 

 

of

 

NRSF of

 

of Total

 

Annualized

 

of Total

 

Rent Per

 

Rent at

 

Leased

 

 

 

Leases

 

Expiring

 

Operating

 

Rent

 

Annualized

 

Leased

 

Expiration

 

NRSF at

 

Year of Lease Expiration

 

Expiring(1)

 

Leases

 

NRSF

 

($000)(2)

 

Rent

 

NRSF

 

($000)(3)

 

Expiration(4)

 

Unoccupied data center

 

 —

 

202,904

 

7.3

%

$

 —

 

 —

%

$

 —

 

$

 —

 

$

 —

 

Unoccupied office and light-industrial

 

 —

 

70,528

 

2.6

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

2018

 

1,195

 

577,011

 

20.9

 

 

91,674

 

33.7

 

 

159

 

 

92,249

 

 

160

 

2019

 

544

 

417,762

 

15.1

 

 

53,387

 

19.6

 

 

128

 

 

55,911

 

 

134

 

2020

 

241

 

280,363

 

10.1

 

 

43,741

 

16.1

 

 

156

 

 

46,275

 

 

165

 

2021

 

63

 

96,088

 

3.5

 

 

11,082

 

4.1

 

 

115

 

 

15,796

 

 

164

 

2022

 

65

 

159,249

 

5.8

 

 

17,247

 

6.4

 

 

108

 

 

19,523

 

 

123

 

2023-Thereafter

 

29

 

524,687

 

19.0

 

 

44,234

 

16.3

 

 

84

 

 

56,040

 

 

107

 

Office and light-industrial (5)

 

122

 

434,568

 

15.7

 

 

10,226

 

3.8

 

 

24

 

 

10,799

 

 

25

 

Portfolio Total / Weighted Average

 

2,259

 

2,763,160

 

100.0

%

$

271,591

 

100.0

%

$

109

 

$

296,593

 

$

119

 


(1)

Includes leases that upon expiration will automatically be renewed, primarily on a year‑to‑year basis. Number of leases represents each agreement with a customer; a lease agreement could include multiple spaces and a customer could have multiple leases.

(2)

Represents the monthly contractual rent under existing commenced customer leases as of December 31, 2017, multiplied by 12. This amount reflects total annualized base rent before any one‑time or non‑recurring rent abatements and excludes power revenue, interconnection revenue and operating expense reimbursements.

(3)

Represents the final monthly contractual rent under existing customer leases as of December 31, 2017, multiplied by 12. This amount reflects total annualized base rent before any one‑time or non‑recurring rent abatements and excludes operating expense reimbursement, power revenue and interconnection revenue. Leases expiring during 2018 include annualized rent of $16.8 million associated with lease terms currently on a month-to-month basis.

(4)

Annualized rent at expiration as defined above, divided by the square footage of leases expiring in the given year. This metric reflects the rent growth inherent in the existing base of lease agreements.

(5)

The occupied office and light-industrial leases are scheduled to expire as follows:

 

 

 

 

 

 

 

 

 

NRSF of

 

Annualized

 

 

 

Expiring

 

Rent

 

Year

  

Leases

  

($000)

 

2018

 

62,149

 

$

1,439

 

2019

 

48,729

 

 

1,145

 

2020

 

73,255

 

 

1,388

 

2021

 

30,671

 

 

935

 

2022

 

68,971

 

 

1,177

 

2023-Thereafter

 

150,793

 

 

4,142

 

Total OLI

 

434,568

 

$

10,226

 

 

14


 

Lease Distribution

The following table sets forth information relating to the distribution of leases in the properties in our portfolio, based on NRSF (excluding space held for development or under construction) under lease as of December 31, 2017:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

Percentage

 

 

 

Percentage

 

 

 

Number

 

Percentage

 

Operating

 

of Total

 

Annualized

 

of Total

 

 

 

of

 

of All

 

NRSF of

 

Operating

 

Rent

 

Annualized

 

NRSF Under Lease(1)

    

Leases(2)

    

Leases

    

Leases

    

NRSF

    

($000)(3)

    

Rent

 

Unoccupied data center

  

 —

  

 —

%  

202,904

  

7.3

%

$

 —

  

 —

%

Unoccupied office and light-industrial

 

 —

  

 —

 

70,528

  

2.6

 

 

 —

  

 —

 

Data center NRSF:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

5,000 or less

  

2,057

  

91.0

 

747,916

  

27.1

 

 

126,616

  

46.6

 

5,001 - 10,000

  

36

  

1.6

 

243,635

  

8.8

 

 

36,419

  

13.4

 

10,001 - 25,000

  

22

 

1.0

 

350,400

 

12.7

 

 

44,302

 

16.3

 

Greater than 25,000

  

5

  

0.2

 

227,953

  

8.2

 

 

37,139

  

13.7

 

Powered shell

 

17

 

0.8

 

485,256

 

17.6

 

 

16,889

 

6.2

 

Office and light-industrial

 

122

 

5.4

 

434,568

 

15.7

 

 

10,226

 

3.8

 

Portfolio Total

  

2,259

 

100.0

%  

2,763,160

 

100.0

%

$

271,591

 

100.0

%


(1)

Represents all leases in our portfolio, including data center and office and light‑industrial leases.

(2)

Number of leases represents each agreement with a customer; a lease agreement could include multiple spaces and a customer could have multiple leases.

(3)

Represents the monthly contractual rent under existing commenced customer leases as of December 31, 2017, multiplied by 12. This amount reflects total annualized base rent before any one‑time or non‑recurring rent abatements and excludes power revenue, interconnection revenue and operating expense reimbursement.

Competition

We compete with numerous developers, owners and operators of technology‑related real estate and data centers, many of which own properties similar to ours in the same markets in which our properties are located, including AT&T Inc., CyrusOne, Inc., Cyxtera Technologies, Inc., Digital Realty Trust, Inc., Equinix, Inc., Flexential, Internap Network Services Corporation, Quality Technology Services, RagingWire Data Centers, a NTT Communications company, SABEY Corporation, Switch, Inc., and Zayo Inc. In addition, we may face competition from new entrants into the data center market. Some of our competitors and potential competitors may have significant advantages over us, including greater name recognition, longer operating histories, pre‑existing relationships with current or potential customers, significantly greater financial, marketing and other resources, ownership of more data centers more broadly distributed geographically, access to less expensive power, and more robust interconnected hubs in certain geographic markets, all of which could allow them to respond more quickly to new or changing opportunities. If our competitors offer space, power and/or interconnection services at rates below current market rates, or below the rates we currently charge our customers, we may lose potential customers and we may be pressured to reduce our rental rates below those we currently charge in order to retain customers when our customers’ leases expire.

As a developer of data center space and provider of interconnection services, we also compete for the services of key third‑party providers of services, including engineers and contractors with expertise in the development of data centers. The competition for the services of specialized contractors and other third‑party providers required for the development of data centers is intense, increasing the cost of engaging such providers and the risk of delays in completing our development projects.

In addition, we face competition from real estate developers in our sector and in other industries for the acquisition of additional properties suitable for the development of data centers. Such competition may reduce the number of properties available for acquisition or development, increase the price of these properties and reduce the demand for data center space in the markets we seek to serve.

15


 

Regulation

General

Data centers in our markets are subject to various laws, ordinances and regulations, including regulations relating to common areas. We believe that each of our properties has the necessary permits and approvals to operate our business.

Americans with Disabilities Act

Our properties must comply with Title III of the American with Disabilities Act, or the ADA, to the extent that such properties are places of “public accommodation” or “commercial facilities” as defined by the ADA. The ADA requires properties that are places of “public accommodation” to, among other things, remove existing barriers to access by persons with disabilities where such removal is readily achievable. The ADA also requires places of “public accommodation” as well as “commercial facilities” undergoing new construction or alterations to conform to the ADA Accessibility Guidelines, which provide design standards that permit accessibility by individuals with disabilities. Further, if entities on our properties offer certain examinations or courses (i.e., those related to applications, licensing, certification, or credentialing for secondary or postsecondary education, professional, or trade purposes), they must be offered in an accessible place and manner or with alternative accessible arrangements. We believe that our properties are in substantial compliance with the ADA and that we will not be required to make substantial capital expenditures to those properties to address the requirements of the ADA. However, noncompliance with the ADA could result in imposition of monetary damages and civil penalties in lawsuits brought by the Attorney General or an award of attorneys’ fees to private litigants. The obligation to make readily achievable accommodations as required by the ADA is an ongoing one, and we will continue to assess our properties and make alterations as appropriate.

Environmental Matters

Under various federal, state and local laws and regulations relating to the protection of the environment, a current or previous owner or operator of real estate may be liable for contamination resulting from the presence or discharge of hazardous or toxic substances at that property, and may be required to investigate and clean up such contamination at that property or emanating from that property. Such laws and regulations often impose liability without regard to whether the owner or operator knew of, or was responsible for, the presence of the contaminants, and a party may be liable for all of the cleanup costs, even when more than one person was responsible for the contamination. Previous owners used some of our properties for industrial and retail purposes, so those properties may contain some level of environmental contamination. The presence of contamination or the failure to remediate contamination at our properties may expose us to third‑party liability or materially adversely affect our ability to sell, lease or develop the real estate or to borrow using the real estate as collateral. In addition, we could incur costs to comply with such laws and regulations, the violation of which could lead to substantial fines and penalties.

Environmental laws and regulations also require that asbestos‑containing building materials be properly managed and maintained and may impose fines and penalties on building owners or operators for failure to comply with these requirements. Further, third parties could potentially seek recovery from owners or operators for personal injury associated with exposure to asbestos‑containing building materials.

In addition, certain of our customers, particularly those that lease light‑industrial space from us, routinely handle hazardous substances and wastes as part of their operations at our properties. Environmental laws and regulations subject our customers, and potentially us, to liability resulting from these activities or from previous industrial or other uses of those properties. Environmental liabilities could also affect a customer’s ability to make rental payments to us. We require our customers to comply with these environmental laws and regulations and to indemnify us for any related liabilities.

Independent environmental consultants have conducted Phase I or similar environmental site assessments on all owned properties in our portfolio. Each of the site assessments has been either completed or updated since 2005. Site assessments are intended to collect and evaluate information regarding the environmental condition of the surveyed property and surrounding properties. These assessments do not generally include soil sampling, subsurface investigations or asbestos sampling. Although prior commercial or industrial operations at some of our properties may have released hazardous materials and some of our properties contain or may contain asbestos‑containing building materials, none of

16


 

the recent site assessments revealed any past or present environmental liability that we believe would have a material adverse effect on our business, assets or results of operations. However, the assessments may have failed to reveal all environmental conditions, liabilities or compliance concerns. Material environmental conditions, liabilities or compliance concerns may have arisen after the reviews were completed or may arise in the future; and future laws, ordinances or regulations may impose material additional environmental liability. See “Risk Factors—Risks Related to Our Business and Operations—Environmental problems are possible and can be costly.”

Insurance

We carry comprehensive liability, fire, extended coverage, earthquake, business interruption, rental loss, and umbrella liability insurance covering all of the properties in our portfolio augmented by excess liability coverage in an amount that we believe to be appropriate. We select policy specifications and insured limits which we believe to be appropriate given the relative risk of loss, the cost of the coverage and industry practice and, in the opinion of our management, the properties in our portfolio are currently adequately insured. We do not carry insurance for generally uninsured losses such as loss from riots, war or acts of God. In addition, we carry earthquake insurance on our properties in an amount and with deductibles which we believe are commercially reasonable. Certain of the properties in our portfolio are located in areas believed to be seismically active. Potential losses to our properties may not be covered by insurance or may exceed our policy coverage limits. See “Risk Factors—Risks Related to Our Business and Operations—Potential losses to our properties may not be covered by insurance or may exceed our policy coverage limits” in Item 1A. of this Annual Report.

Employees

As of December 31, 2017, we had 465 full‑time and part‑time employees, of which 247 employees are salaried with the remainder paid on an hourly basis. None of our employees is a member of a labor union and we believe that our relations with employees are good.

Offices

Our corporate offices are located at 1001 17th Street, Suite 500, Denver, CO 80202.

How to Obtain Our SEC Filings

All reports we file with the SEC are available free of charge via EDGAR through the SEC website at www.sec.gov. In addition, the public may read and copy materials we file with the SEC at the SEC’s public reference room located at 100 F Street, N.E., Washington, D.C. 20549. We also provide copies of our Forms 8‑K, 10‑K, 10‑Q, Proxy Statement, Annual Report and amendments to those documents at no charge to investors upon request and make electronic copies of such reports available through our website at www.coresite.com as soon as reasonably practicable after filing such material with the SEC. The information found on, or otherwise accessible through, our website is not incorporated by reference into, nor does it form a part of, this Annual Report on Form 10‑K, or any other document that we file with the SEC.

Financial Information

We manage our business as one reportable segment consisting of investments in data centers located in the United States. For required financial information related to our operations and assets, please refer to our consolidated financial statements, including the notes thereto, included in Item 8. “Financial Statements and Supplementary Data” in this Annual Report.

17


 

 

ITEM 1A.  RISK FACTORS

Any of the following risks could materially and adversely affect our business, results of operations or financial condition. The risks and uncertainties described below are those that we currently believe may materially affect our Company. Additional risks and uncertainties of which we are unaware or that we currently deem immaterial also may become important factors that affect our Company.

Risks Related to Our Business and Operations

Our portfolio of properties consists primarily of data centers geographically concentrated in certain markets and any adverse developments in local economic conditions or the demand for data center space in these markets may negatively impact our operating results.

Our portfolio of properties consists of data centers geographically concentrated in the San Francisco Bay area, Los Angeles, the Northern Virginia area (including Washington D.C.), the New York area, Chicago, Boston, Denver and Miami. These markets comprised 30.9%, 25.9%, 19.7%, 7.3%, 7.3%, 7.1%,  1.2%, and 0.6%, respectively, of our annualized data center rent as of December 31, 2017. As such, we are susceptible to local economic conditions and the supply of and demand for data center space in these markets. If there is a downturn in the economy or an oversupply of or decrease in demand for data centers in these markets, our business could be materially adversely affected to a greater extent than if we owned a real estate portfolio that was more diversified in terms of both geography and industry focus.

We may be vulnerable to physical and electronic security breaches and cyber‑attacks which could disrupt our operations and have a material adverse effect on our financial performance and operating results.

A party who is able to compromise the security measures on our networks or the security of our infrastructure could misappropriate our proprietary information and the personal information of our customers and employees and cause interruptions or malfunctions in our or our customers’ operations. We expend significant financial resources to protect against such threats and may be required to further expend financial resources to alleviate problems caused by physical, electronic, and cyber security breaches. As techniques used to breach security are growing in frequency and sophistication and are generally not recognized until launched against a target, regardless of our expenditures and protection efforts, we may not be able to implement security measures in a timely manner or, if and when implemented, these measures could be circumvented. Any breaches that may occur could expose us to increased risk of lawsuits, loss of existing or potential future customers, harm to our reputation and increases in our security costs, which could have a material adverse effect on our financial performance and operating results.

Our properties depend upon the demand for technology‑related real estate.

Our portfolio of properties consists primarily of technology‑related real estate and data center facilities in particular. A decrease in the demand for data center space, Internet gateway facilities or other technology‑related real estate would have a greater adverse effect on our business and financial condition than if we owned a portfolio with a more diversified customer base or less specialized use. Our substantial development activities make us particularly susceptible to general economic slowdowns, including recessions, as well as adverse developments in the corporate data center, Internet and data communications and broader technology industries. Any such slowdown or adverse development could lead to reduced corporate IT spending or reduced demand for data center space. Reduced demand could also result from business relocations, including to markets that we do not currently serve. Changes in industry practice or in technology, such as virtualization technology, more efficient or miniaturization of computing or networking devices, or devices that require higher power densities than today’s devices, could also reduce demand for the physical data center space and infrastructure we provide or make the tenant improvements in our facilities obsolete or in need of significant upgrades to remain viable. The development of new technologies, the adoption of new industry standards or other factors could render many of our customers’ current products and services obsolete or unmarketable and contribute to a downturn in their businesses, thereby increasing the likelihood that they default under their leases, become insolvent or file for bankruptcy. In addition, existing initiatives relating to the formation of Internet exchange alternatives could have a negative effect on the demand for and pricing of the subset of our interconnection revenue relating to Internet exchanges.

18


 

Our products and services have a long sales cycle that may harm our revenues and operating results.

A customer’s decision to lease space in one of our data centers and to purchase additional services typically involves a significant commitment of resources. In addition, some customers will be reluctant to commit to locating in our data centers until they are confident that the data center has adequate network connections. As a result, we have a long sales cycle. Furthermore, we may expend significant time and resources in pursuing a particular sale or customer that ultimately does not result in revenue.

Macroeconomic conditions, including economic and market downturns may further impact this long sales cycle by making it extremely difficult for customers to accurately forecast and plan future business activities. This could cause customers to slow spending or delay decision‑making on our products and services, which would delay and lengthen our sales cycle.

Delays due to the length of our sales cycle may materially and adversely affect our revenues and operating results, which could harm our ability to meet our financial forecasts for a given quarter and cause volatility in our stock price.

Our interconnection and value‑add power services depend on establishing highly evolved customer ecosystems and we may not be able to establish those ecosystems within a particular market.

One of our corporate objectives is to increase the volume of higher margin interconnection services and value‑add power services, as well as to increase rental rates and obtain attractive customers, by developing highly evolved ecosystems comprised of cross‑connected customers within each market. We have attained varying levels of success in developing these customer ecosystems across our markets. While we believe that we are able to attract network and cloud deployments and to grow the customer ecosystem to some degree in all markets, it may be difficult in some markets to develop ecosystems on the scale of our most highly evolved interconnected ecosystems due to the presence of incumbent interconnection and network‑dense data centers in those markets. Our ability to establish highly interconnected data centers in certain markets may be further negatively impacted by industry consolidation. If we are unable to establish highly evolved customer ecosystems within a particular market, we may have difficulty attracting or retaining customer deployments requiring such ecosystems, and increasing the volume of higher margin interconnection services and value‑add power services within that market to levels that are comparable to our most highly evolved interconnected ecosystems, which may have a material adverse effect on our financial condition and results of operations.

Our data center infrastructure may become obsolete and we may not be able to upgrade our power and cooling systems cost‑effectively or at all.

The markets for the data centers that we own and operate, as well as the industries in which our customers operate, are characterized by rapidly changing technology, evolving industry standards, frequent new product introductions and changing customer demands. Our ability to deliver technologically sophisticated power and cooling is a significant factor in our customers’ decisions to lease space in our data centers. Our data center infrastructure may become obsolete due to the development of new systems that deliver power to, or eliminate heat from, the servers and other customer equipment that we house. Additionally, our data center infrastructure could become obsolete as a result of the development of new technology that requires levels of power and cooling that our facilities are not designed to provide. Our power and cooling systems are also sophisticated, expensive and time consuming to upgrade. Accordingly, we may not be able to efficiently upgrade or change these systems to meet new demands without incurring significant costs that we may not be able to pass on to our customers. The obsolescence of our power and cooling systems would have a material adverse effect on our business. In addition, evolving customer demand could require services or infrastructure improvements that we do not provide or that would be difficult or expensive for us to provide in our current data centers, and we may be unable to adequately adapt our properties or acquire new properties that can compete successfully. We risk losing customers to our competitors if we are unable to adapt within this rapidly evolving marketplace.

Furthermore, potential future regulations that apply to industries we serve may require customers in those industries to seek specific requirements from their data centers that we are unable to provide. These may include physical security requirements applicable to the defense industry and government contractors and privacy and security regulations applicable to the financial services and health care industries. If such regulations were adopted or such extra

19


 

requirements demanded by certain customers, we could lose some customers or be unable to attract new customers in certain industries, which would have a material adverse effect on our results of operations.

Any failure of our physical infrastructure or services could lead to significant costs and disruptions that could reduce our revenues, harm our business reputation and have a material adverse effect on our financial results.

Our business depends on providing customers with highly reliable service. We may fail to provide such service as a result of numerous factors, including:

·

human error;

·

power loss;

·

equipment failure;

·

exposure to temperature, humidity, smoke and other environmental hazards;

·

improper building maintenance by our landlords in the buildings that we lease;

·

physical, electronic or cyber security breaches;

·

fire, earthquake, hurricane, flood and other natural disasters;

·

water damage;

·

war, terrorism and any related conflicts or similar events worldwide; and

·

sabotage and vandalism.

Problems at one or more of our data centers, whether or not within our control, could result in service interruptions or equipment damage. We provide service level commitments to substantially all of our customers. As a result, service interruptions or equipment damage in our data centers could result in billing abatements to these customers. In addition, although we have given such abatements to our customers in the past, there can be no assurance that our customers will accept these abatements as compensation in the future. Service interruptions and equipment failures may also expose us to additional legal liability and damage our brand image and reputation. Service interruptions, especially if significant or frequent, could cause our customers to terminate or not renew their leases. In addition, we may be unable to attract new customers if we have a reputation for significant or frequent service disruptions in our data centers.

We depend on third parties to provide network connectivity within and between certain of our data centers, and any delays or disruptions in this connectivity may adversely affect our operating results and cash flow.

We depend upon carriers and other network providers to deliver network connectivity to customers within our data centers as well as the fiber network interconnection between certain of our data centers. Our hub‑and‑spoke approach makes us dependent on these third parties to provide these services between our data centers. There can be no assurance that any network provider will elect to offer its services within new data centers that we develop or that once a network provider decides to provide connectivity to or between our data centers, it will continue to do so for any period of time. A significant interruption in or loss of these services could impair our ability to attract and retain customers and have a material adverse effect on our business.

Enabling connectivity within and between our data centers requires construction and operation of a sophisticated redundant fiber network. The construction required to connect our data centers is complex and may involve factors outside of our control, including the availability of construction resources. If highly reliable network connectivity within and between certain of our data centers is not established, is materially delayed, is discontinued or fails, our reputation could be harmed, which could have a material adverse effect on our ability to attract new customers or retain existing ones.

20


 

We are dependent upon third‑party suppliers for power and certain other services, and we are vulnerable to service failures of our third‑party suppliers and to price increases by such suppliers.

We rely on third parties to provide power to our data centers, and we cannot ensure that these third parties will deliver such power in adequate quantities or on a consistent basis. Since our properties have access to a finite amount of power, it may be inadequate to support our customer requirements and we may be unable to satisfy our obligations to our customers. As current and future customers increase their power usage in our facilities over time, the remaining available power for future customers could limit our ability to grow our business and increase occupancy rates or network density within our existing facilities. At certain of our data centers, our aggregate maximum contractual obligation to provide power and cooling to our customers may exceed the physical capacity at such data centers if customers were to quickly increase their demand for power and cooling. If we are not able to increase the available power and/or cooling or move the customer to another location within our data center portfolio with sufficient power and cooling to meet such demand, we could lose the customer as well as be exposed to liability under our leases. Any such material loss of customers or material liability could adversely affect our results of operations.

In addition, our data centers are susceptible to power shortages and planned or unplanned power outages caused by these shortages. While we attempt to limit exposure to power shortages by using backup generators and batteries, power outages may last beyond our backup and alternative power arrangements, which would harm our customers and our business. In the past, a limited number of our customers have experienced temporary losses of power and/or cooling. Pursuant to the terms of some of our customer leases, continuous or chronic power or cooling outages may give certain of our customers the right to terminate their leases or cause us to incur financial obligations in connection with a power or cooling loss. In addition, any loss of services or equipment damage could reduce the confidence of our customers in our services, thereby impairing our ability to attract and retain customers, which would adversely affect both our ability to generate revenues and our operating results, and harm our reputation.

Furthermore, we may be subject to risks and unanticipated costs associated with obtaining power from various utility companies. Municipal utilities in areas experiencing financial distress may increase rates to compensate for financial shortfalls unrelated to either the cost of production or the demand for electricity. Other utilities that serve our data centers may be dependent on, and sensitive to price increases for a particular type of fuel, such as coal, oil or natural gas. In addition, the price of these fuels and the electricity generated from them could increase as a result of proposed legislative measures related to climate change, including efforts to regulate carbon emissions and increase supply from more expensive renewable energy sources. In any of these cases, increases in the cost of power at any of our data centers would put those locations at a competitive disadvantage relative to data centers served by utilities that can provide less expensive power.

We have begun to procure electricity from renewable energy sources. The costs of procuring such electricity may exceed the costs of procuring electricity from existing sources, such as existing utilities or electric service provided through conventional grids. Efforts to support and enhance renewable electricity generation may increase our costs of electricity above those that would be incurred through procurement of conventional electricity from existing sources.

Because we depend on the development and growth of a balanced customer base, including key customers, failure to attract, grow and retain this base of customers could harm our business and operating results.

Our ability to maximize operating revenues depends on our ability to develop and grow a balanced customer base, consisting of a variety of companies, including enterprises, cloud and IT service providers and network providers. We consider certain of these customers to be key in that they attract and assist in retaining other customers. The more balanced the customer base within each data center, the better we will be able to generate significant interconnection revenues, which in turn increases our overall operating revenues. Our ability to attract customers to our data centers will depend on a variety of factors, including the presence of multiple network carriers and cloud operators, the mix of products and services offered by us, the overall mix of customers, the presence of key customers attracting business through vertical market ecosystems, the data center’s operating reliability and security and our ability to effectively market and sell our services. However, some of our customers may face competitive pressures and may ultimately not be successful or may be consolidated through merger or acquisition. If these customers do not continue to use our data centers it may be disruptive to our business. Finally, an uncertain economic climate may harm our ability to attract and retain customers if customers slow spending, or delay decision‑making, on our products and services, or if customers begin to have difficulty paying us and we experience increased churn in our customer base. Any of these factors may

21


 

hinder the development, growth and retention of a balanced customer base and adversely affect our business, financial condition and results of operations.

Declining real estate valuations and impairment charges could adversely affect our earnings and financial condition.

We periodically review each of our properties for indicators that its carrying amount may not be recoverable. Examples of such indicators may include a significant decrease in the market prices of similar properties, a significant adverse change in the extent or manner in which the property is being used or expected to be used based on the underwriting at the time of acquisition, or a change in its physical condition, an accumulation of costs significantly in excess of the amount originally expected for the acquisition or development, or a history of operating or cash flow losses. When such impairment indictors exist, we review an estimate of the future cash flows (excluding interest charges) expected to result from the real estate investment’s use and eventual disposition and compare the estimated future cash flows to the carrying value of the property. We consider factors such as future operating income, trends and prospects, as well as the effects of leasing demand, competition and other factors. If our undiscounted net cash flow evaluation indicates that we are unable to recover the carrying value of a real estate investment, an impairment loss is recorded to the extent that the carrying value exceeds the estimated fair value of the property. Recording an impairment loss would result in an immediate negative adjustment to net income. The evaluation of estimated future cash flows is highly subjective and is based in part on assumptions regarding future occupancy, rental rates and capital requirements that could differ materially from actual results in future periods. A decline in real estate prices where we operate may cause us to reevaluate the assumptions used in our impairment analysis. Impairment charges could adversely affect our financial condition, results of operations and the market price of our stock.

Potential losses to our properties may not be covered by insurance or may exceed our policy coverage limits.

We do not carry insurance for generally uninsured losses, such as acts of war. Our properties in our portfolio are subject to risks from earthquakes, tropical storms, hurricanes, floods and other natural disasters. While we do carry earthquake, hurricane and flood insurance on our properties, the amount of our insurance coverage may not be sufficient to fully cover such losses. In addition, we may discontinue earthquake, hurricane or flood insurance on some or all of our properties in the future if the cost of premiums for any of these policies exceeds, in our judgment, the value of the coverage relative to the risk of loss.

If we experience a loss which is uninsured or which exceeds our policy coverage limits, we could lose the capital invested in the damaged properties as well as the anticipated future cash flows from those properties.

In addition, even if damage to our properties is covered by insurance, a disruption of our business caused by a casualty event may result in the loss of business or customers. We carry business interruption insurance, but such insurance may not fully compensate us for the loss of business or customers due to an interruption caused by a casualty event.

While we monitor the solvency of our insurance carriers, it can be difficult to evaluate the stability and net assets or capitalization of insurance companies, and any insurer’s ability to meet its claim payment obligations. A failure of an insurance company to make payments to us upon an event of loss covered by an insurance policy could have a material adverse effect on our business and financial condition.

Global economic conditions could adversely affect our liquidity and financial condition.

General economic conditions and the cost and availability of capital may be adversely affected in some or all of the markets in which we own properties and conduct our operations. Instability in the U.S., Asian, European and other international financial markets and economies may adversely affect our ability, and the ability of our customers, to replace or renew maturing liabilities on a timely basis, access the capital markets to meet liquidity and capital expenditure requirements and may result in adverse effects on our, and our customers’ financial condition and results of operations.

In addition, our access to funds under our revolving credit facility and other lines of credit we may enter into depend on the ability of the lenders that are parties to such facilities to meet their funding commitments to us. There can be no assurance that long‑term disruptions in the global economy and the return of tighter credit conditions, and potential failures or nationalizations of, third party financial institutions as a result of such disruptions will not have an adverse

22


 

effect on our lenders. If our lenders are not able to meet their funding commitments to us, our business, results of operation, cash flows and financial condition could be adversely affected.

If we do not have sufficient cash flow to continue operating our business and are unable to borrow additional funds, access our existing lines of credit or raise equity or debt capital, we may need to find alternative ways to increase our liquidity. Such alternatives may include, without limitation, curtailing development activity, disposing of one or more of our properties possibly on disadvantageous terms or entering into or renewing leases on less favorable terms than we otherwise would.

The market price of our stock may continue to be highly volatile, and the value of an investment in our common stock may decline.

During the year ended December 31, 2017, the closing sale price of our common stock on the New York Stock Exchange (“NYSE”) has ranged from $80.61 to $119.54 per share. The market price of the shares of our common stock has been and may continue to be highly volatile. General economic and market conditions, and market conditions for telecommunications and real estate stocks in general, may affect the market price of our common stock.

Announcements by us or others, or speculations about our future plans, may also have a significant impact on the market price of our common stock. These may relate to:

·

our operating results or forecasts;

·

new issuances of equity, debt or convertible debt by us;

·

changes to our capital allocation or business strategies;

·

developments in our relationships with our customers;

·

announcements by our customers or competitors;

·

changes in regulatory policy or interpretation (including changes in federal, state, and local tax policies);

·

governmental investigations;

·

litigation;

·

changes in the ratings of our debt or stock by rating agencies or securities analysts;

·

changes in market interest rates or other general market and economic conditions, including inflationary concerns;

·

changes in our distribution rate as a percentage of stock price relative to market interest rates;

·

our purchase or development of real estate and/or additional data centers;

·

overall market demand for data center space and services;

·

changes in prices for utilities, connectivity and other services we provide;

·

personnel changes;

·

changes in customers’ budgets for information technology services;

·

our acquisitions of complementary businesses or dispositions of properties; or

23


 

·

the operational performance of our data centers.

The stock market has from time to time experienced extreme price and volume fluctuations, which have particularly affected the market prices for emerging telecommunications and real estate companies, and which have often been unrelated to their operating performance. These broad market fluctuations may adversely affect the market price of our common stock.

To fund our growth strategy and refinance our indebtedness, we depend on external sources of capital, which may not be available to us on commercially reasonable terms or at all.

In order to maintain our qualification as a REIT, we are required under the Internal Revenue Code (the “Code”) to distribute at least 90% of our net taxable income annually, determined without regard to the dividends paid deduction and excluding any net capital gains. We will also be subject to income tax at regular corporate rates to the extent that we distribute less than 100% of our net taxable income, including any net capital gains. These distribution requirements may limit our ability to fund future capital needs, including any necessary acquisition financing, from operating cash flow. Consequently, we intend to rely on third‑party sources for debt or equity financing to fund our growth strategy. In addition, we may need external sources of capital to refinance our indebtedness at maturity. We may not be able to obtain such financing or refinancing on favorable terms or at all. Our access to third‑party sources of capital depends, in part, on:

·

general economic and financial market conditions;

·

limited subset of lenders that have historically committed debt capital to REITs that own technology based real estate;

·

the market’s perception of our growth potential;

·

our then current debt levels;

·

our historical and expected future earnings, cash flow and cash distributions; and

·

the market price per share of our capital stock.

In addition, our ability to access additional capital may be limited by the terms of our existing indebtedness, which restricts our incurrence of additional indebtedness. If we cannot obtain capital when needed, we may not be able to acquire or develop properties when strategic opportunities arise or refinance our debt at maturity, which could have a material adverse effect on our business.

Our level of indebtedness and debt service obligations could have adverse effects on our business.

As of December 31, 2017, we had total principal indebtedness of approximately $944.5 million and the ability to borrow up to an additional $175.6 million under our revolving credit facility, subject to satisfying certain financial and covenant tests. While there are limits in our revolving credit facility and senior unsecured term loans on the amount of debt that we may incur, and additional limits on our indebtedness which may be imposed by future agreements or by a policy adopted by our board of directors, we have the ability to increase our indebtedness over current levels. A substantial increase in our indebtedness may have adverse consequences for our business, results of operations and financial condition because it could, among other things:

·

require us to dedicate a substantial portion of our cash flow from operations to make principal and interest payments on our indebtedness, thereby reducing our cash flow available to fund working capital, capital expenditures and other general corporate purposes, including to pay dividends on our common stock as currently contemplated or necessary to maintain our qualification as a REIT;

·

make it more difficult for us to satisfy our financial obligations, including borrowings under our revolving credit facility;

24


 

·

increase our vulnerability to general adverse economic and industry conditions;

·

expose us to increases in interest rates for our variable rate debt;

·

limit our ability to borrow additional funds on favorable terms or at all to expand our business or ease liquidity constraints;

·

limit our ability to refinance all or a portion of our indebtedness on or before maturity on the same or more favorable terms or at all;

·

limit our flexibility in planning for, or reacting to, changes in our business and our industry;

·

place us at a competitive disadvantage relative to competitors that have less indebtedness; and

·

require us to dispose of one or more of our properties at disadvantageous prices or raise equity that may dilute the value of our common stock in order to service our indebtedness or to raise funds to pay such indebtedness at maturity.

The agreements governing our indebtedness place restrictions on us and our subsidiaries, reducing operational flexibility and creating default risks.

The agreements governing our indebtedness contain covenants that place restrictions on us and our subsidiaries. These covenants may restrict, among other things, our and our subsidiaries’ ability to:

·

merge, consolidate or transfer all or substantially all of our or our subsidiaries’ assets;

·

incur additional debt, including use of our existing capacity under our revolving credit facility;

·

make certain investments or acquisitions;

·

create liens on our or our subsidiaries’ assets;

·

sell assets;

·

make capital expenditures;

·

pay dividends on or repurchase our capital stock;

·

enter into transactions with affiliates;

·

issue or sell stock of our subsidiaries; and

·

change the nature of our business.

These covenants could impair our ability to grow our business, take advantage of attractive business opportunities or successfully compete. In addition, our revolving credit facility requires us to maintain specified financial ratios and satisfy financial condition tests. Our ability to comply with these ratios or tests may be affected by events beyond our control, including prevailing economic, financial and industry conditions. A breach of any of these covenants or covenants under any other agreements governing our indebtedness could result in an event of default. Cross‑default provisions in our debt agreements could cause an event of default under one debt agreement to trigger an event of default under our other debt agreements. Upon the occurrence of an event of default under any of our debt agreements, the lenders could elect to declare all outstanding debt under such agreements to be immediately due and payable. If we were unable to repay or refinance the accelerated debt, the lenders could proceed against any assets pledged to secure that debt, including foreclosing on or requiring the sale of our data centers, and our assets may not be sufficient to repay such debt in full.

25


 

Fluctuations in interest rates could materially affect our financial results.

Because a significant portion of our debt bears interest at variable rates, increases in interest rates could materially increase our interest expense. Based on our debt outstanding as of December 31, 2017, if interest rates were to increase by 1%, the corresponding increase in interest expense on our variable rate debt would decrease future earnings and cash flows by approximately $4.9 million per year. If the United States Federal Reserve increases short‑term interest rates, this would have a significant upward impact on shorter‑term interest rates, including the interest rates that our variable rate debt is based upon. Potential future increases in interest rates and credit spreads may increase our interest expense and therefore negatively affect our financial condition and results of operations, and reduce our access to the debt or equity capital markets.

Any interest rate hedging transactions involve costs and may limit our gains or result in material losses.

Hedging agreements enable us to convert floating rate liabilities to fixed rate liabilities or fixed rate liabilities to floating rate liabilities. We may use derivatives to hedge our liabilities from time to time. Any hedging transactions into which we enter could expose us to certain risks, including:

·

losses on a hedge position reducing the cash available for distribution to stockholders and such losses exceeding the amount invested in such instruments;

·

counterparties to a hedging arrangement defaulting on their obligations;

·

paying certain fees, such as transaction or brokerage fees; and

·

incurring costs if we elect to terminate a hedging agreement early.

As of December 31, 2017, we are a party to a five‑year interest rate swap agreement that effectively fixes the interest rate on $50 million of outstanding debt at approximately 2.98% per annum through January 31, 2019, and a five‑year interest rate swap agreement that effectively fixes the interest rate on $75 million of outstanding debt at approximately 2.93% per annum through May 5, 2020.

Our growth depends on the successful development of our properties and any delays or unexpected costs associated with such projects may harm our growth prospects, future operating results and financial condition.

As of December 31, 2017, we had the ability to expand our operating data center square footage by approximately 1,516,000 NRSF, or 67%, as set forth in our development table in Item 1. Our growth depends upon the successful completion of the development of this space and similar projects in the future. Current and future development projects and expansion into new markets will involve substantial planning, allocation of significant company resources and certain risks, including risks related to the acquisition of real property, financing, zoning, regulatory approvals, construction costs and delays. These projects will also require us to carefully select and rely on the experience of one or more general contractors and associated subcontractors during the construction process. Should a general contractor or significant subcontractor experience financial or other problems during the construction process, we could experience significant delays, increased costs to complete the project and other negative impacts to our expected financial returns. Site selection in current and expansion markets is also a critical factor in our expansion plans, and there may not be suitable properties available in our markets at a location that is attractive to our customers and has the necessary combination of access to multiple network providers, a significant supply of electrical power, high ceilings and the ability to sustain heavy floor loading. Furthermore, while we may prefer to locate new data centers adjacent to or in close proximity to our existing data centers, we may be limited by the size and location of suitable properties.

In addition, we will be subject to risks and, potentially, unanticipated costs associated with obtaining access to a sufficient amount of power from local utilities, including the need, in some cases, to develop utility substations on our properties in order to accommodate our power needs, constraints on the amount of electricity that a particular locality’s power grid is capable of providing at any given time, and risks associated with the negotiation of long‑term power contracts with utility providers. There can be no assurance that we will be able to successfully negotiate such contracts on acceptable terms or at all. Any inability to negotiate utility contracts on a timely basis or on acceptable financial terms or in volumes sufficient to supply the requisite power for our development properties would have a material negative impact on our growth and future results of operations and financial condition.

26


 

These and other risks could result in delays or increased costs or prevent the completion of our development projects, any of which could have a material adverse effect on our financial condition, results of operations, cash flows, the trading price of our common stock and our ability to satisfy our debt service obligations or pay dividends.

We may be unable to identify and complete acquisitions and successfully operate acquired properties.

We continually evaluate the market for available properties and may acquire data centers or properties suited for data center development when opportunities exist. Our ability to acquire attractive properties on favorable terms and successfully develop and operate them involves significant risks including, but not limited to:

·

we may be unable to acquire a desired property because of competition from other data center companies or real estate investors with more capital;

·

even if we are able to acquire a desired property, competition from other potential acquirers may significantly increase the purchase price of such property;

·

we may be unable to realize the intended benefits from acquisitions or achieve anticipated operating or financial results;

·

we may be unable to finance the acquisition on favorable terms or at all;

·

we may underestimate the costs to make necessary improvements to acquired properties;

·

we may be unable to quickly and efficiently integrate new acquisitions into our existing operations resulting in disruptions to our operations or diversion of our management’s attention from our core business activities;

·

acquired properties may be subject to tax reassessments, which may result in higher than expected real estate tax payments;

·

we may not be able to access sufficient power on favorable terms or at all; and

·

market conditions may result in higher than expected vacancy rates and lower than expected rental rates.

In the past we have acquired properties that did not perform to our expectations and there can be no assurance that this will not happen again. If we are unable to successfully acquire, develop and operate data center properties, our ability to grow our business, compete and meet market expectations will be significantly impaired, which would have a material adverse effect on the price of our common stock.

We may be subject to unknown or contingent liabilities related to properties or businesses that we acquire for which we may have limited or no recourse against the sellers.

Assets and entities that we have acquired or may acquire in the future, including the properties contributed by the Funds or their affiliates, may be subject to unknown or contingent liabilities for which we may have limited or no recourse against the sellers. Unknown or contingent liabilities might include liabilities for clean‑up or remediation of environmental conditions, claims of customers, vendors or other persons dealing with the acquired entities, tax liabilities and other liabilities whether incurred in the ordinary course of business or otherwise. In the future we may enter into transactions with limited representations and warranties or with representations and warranties that do not survive the closing of the transactions, in which event we would have no or limited recourse against the sellers of such properties. While we usually require the sellers to indemnify us with respect to breaches of representations and warranties that survive, such indemnification (including the indemnification by the Funds or their affiliates) is often limited and subject to various materiality thresholds, a significant deductible or an aggregate cap on losses.

As a result, there is no guarantee that we will recover any amounts with respect to losses due to breaches by the sellers of their representations and warranties. In addition, the total amount of costs and expenses that we may incur with respect to liabilities associated with acquired properties and entities may exceed our expectations, which may adversely

27


 

affect our operating results and financial condition. Finally, indemnification agreements between us and the sellers typically provide that the sellers will retain certain specified liabilities relating to the assets and entities acquired by us. While the sellers are generally contractually obligated to pay all losses and other expenses relating to such retained liabilities, there can be no guarantee that such arrangements will not require us to incur losses or other expenses as well.

Under the contribution agreement pursuant to which the Funds or their affiliates contributed the properties that comprise our portfolio to the Operating Partnership, each of the Funds or their affiliates made certain representations and warranties as to certain material matters related to the property being contributed by such fund or affiliate such as title to any owned property, compliance with laws (including environmental laws) and the enforceability of certain material customer contracts and leases. These representations and warranties made by the Funds or their affiliates have since expired without our becoming aware of any breach. Therefore, we have no further recourse against the contributors under the contribution agreement.

Our data center properties are not suitable for use other than as data centers, which could make it difficult to sell or reposition them if we are not able to lease available space and could materially adversely affect our business, results of operations and financial condition.

Our data centers are designed solely to house and run computer servers and related information technology equipment and, therefore, contain extensive electrical and mechanical systems and infrastructure. As a result, they are not suited for use by customers as anything other than as data centers and major renovations and expenditures would be required in order for us to re‑lease vacant space for more traditional uses, or for us to sell a property to a buyer for use other than as a data center.

We continue to make significant investments in our back office information technology systems. Any difficulties or disruptions to these efforts may interrupt our normal operations, resulting in an adverse effect to our business, results of operations, financial condition or cash flows.

Over the past several years, we have made significant investments to overhaul our back office information technology systems and expect such investments to continue for the foreseeable future for ongoing improvements to the customer experience. Difficulties with our systems may adversely affect our business, results of operations, financial condition or cash flows. We may need to expend significant attention, time and resources to correct problems or find alternative sources for performing various functions. Such significant investments in our back office systems may take longer to complete and cost more than originally planned. In addition, we may not realize the full benefits we hoped to achieve and we may recognize additional impairment charges if we decide that portions of these information technology system projects will not ultimately benefit the Company or are de‑scoped. During the year ended December 31, 2015, we recognized $0.3 million of impairment charges, respectively, as a result of internal‑use software previously under development that was discontinued and will no longer be placed into service. During the years ended December 31, 2017, and 2016, we did not recognize any impairment charges on internal-use software.

We are continuing to invest in our expansion efforts, but we may not have sufficient customer demand in the future to realize expected returns on these investments.

As part of our growth strategy, we intend to commit substantial operational and financial resources to develop new data centers and expand existing ones. However, we typically do not require pre‑leasing commitments from customers before we develop or expand a data center, and we may not have sufficient customer demand to lease the new data center space when completed. Once development of a data center is complete, we incur a certain amount of operating expenses even if there are no customers occupying the space. A lack of customer demand for data center space or excess capacity in the data center market could impair our ability to achieve our expected rate of return on our investment, which could have a material adverse effect on our financial condition, operating results and the market price of our common stock.

We face significant competition and may be unable to lease vacant space, renew existing leases or release space as leases expire, which may have a material adverse effect on our business and results of operations.

We compete with numerous developers, owners and operators of technology‑related real estate and data centers, many of which own properties similar to ours in the same markets. In addition, we may face competition from new entrants into the data center market. Some of our competitors have significant advantages over us, including greater

28


 

name recognition, longer operating histories, lower operating costs, pre‑existing relationships with current or potential customers, greater financial, marketing and other resources, access to better networks and access to less expensive power. These advantages could allow our competitors to respond more quickly or effectively to strategic opportunities or changes in our industries or markets. If our competitors offer data center space that our existing or potential customers perceive to be superior to ours based on numerous factors, including cost and availability of power, security considerations, location or network connectivity, or if they offer rental rates below our current market rates, we may lose existing or potential customers, incur costs to improve our properties or be forced to reduce our rental rates. This risk is compounded by the fact that a significant percentage of our customer leases expire every year. For example, as of December 31, 2017, data center leases representing 33.7%, 19.6% and 16.1% of our total portfolio annualized rent will expire during 2018, 2019, and 2020, respectively. If the rental rates for our properties decrease, our existing customers do not renew their leases or we are unable to lease vacant data center space or re‑lease data center space for which leases are scheduled to expire at or above current lease rates, our business and results of operations could be materially adversely affected.

Future consolidation in the technology industry could have a material adverse effect on our financial performance and operating results.

Mergers or consolidations of technology companies in the future could reduce the number of our customers and potential customers. In addition, our competitors may consolidate to improve their portfolios and products offered. Any of these developments could cause our customers to discontinue or reduce the use of our data centers in the future and could have a material adverse effect on our results of operations and cash flows.

We have government customers, which subjects us to risks including early termination, audits, investigations, sanctions and penalties.

We derive some revenues from contracts with the U.S. government, state and local governments and their respective agencies. Some of these customers may terminate all or part of their contracts at any time, without cause.

There is increased pressure for governments and their agencies to reduce spending. Some of our federal government contracts are subject to the approval of appropriations being made by the U.S. Congress to fund the expenditures under these contracts. Similarly, some of our contracts at the state and local levels are subject to government funding authorizations.

Additionally, government contracts are generally subject to audits and investigations which could result in various civil and criminal penalties and administrative sanctions, including termination of contracts, refund of a portion of fees received, forfeiture of profits, suspension of payments, fines and suspensions or debarment from future government business.

A small number of customers account for a significant portion of our revenues, and the loss of any of these customers could significantly harm our business, financial condition and results of operations.

We currently depend, and expect to continue to depend, upon a relatively small number of customers for a significant percentage of our operating revenue. Our top ten customers accounted for an aggregate of approximately 34.6% of our total portfolio annualized rent as of December 31, 2017. Some of our customers may experience a downturn in their businesses or other factors that may weaken their financial condition and result in them failing to make timely rental payments, defaulting on their leases, reducing the level of interconnection services they obtain or the amount of space they lease from us or terminating their relationship with us. The loss of one or more of our significant customers or a significant customer exerting significant pricing pressure on us could also have a material adverse effect on our results of operations.

In addition, our largest customers may choose to develop new data centers or expand existing data centers of their own. In the event that any of our key customers were to do so, it could result in a loss of business to us or increase pricing pressure on us. If we lose a customer, there is no guarantee that we would be able to replace that customer at a comparative rental rate or at all.

Some of our largest customers may also compete with one another in various aspects of their businesses. The competitive pressures on our customers may have a negative impact on our operations. For instance, one customer could

29


 

determine that it is not in that customer’s interest to house mission‑critical servers or other telecommunications or information technology equipment in a facility operated by the same company that relies on a key competitor for a significant part of its operating annual revenue. Our loss of a large customer for this or any other reason could have a material adverse effect on our results of operations.

The bankruptcy or insolvency of a major customer may adversely affect the income produced by our properties.

If any customer becomes a debtor in a case under the federal Bankruptcy Code, we cannot evict the customer solely because of the bankruptcy. In addition, the bankruptcy court might authorize the customer to reject and terminate its lease with us. Our claim against the customer for unpaid, future rent would be subject to a statutory cap that might be substantially less than the remaining rent actually owed under the lease. In either case, our claim for unpaid rent would likely not be paid in full. As of December 31, 2017, we had no material customers in bankruptcy. Our revenues and cash available for distribution could be materially adversely affected if any of our significant customers were to become bankrupt or insolvent, or suffer a downturn in their business, or fail to renew their lease or renew on terms less favorable to us than their current terms.

If we are unable to recruit or retain qualified personnel, our business could be harmed.

We must continue to identify, hire, train, and retain IT professionals, technical engineers, operations employees, and sales, marketing, finance and senior management personnel who maintain relationships with our customers and who can provide the technical, strategic and marketing skills required for our Company to grow. There is a shortage of qualified personnel in these fields, and we compete with other companies for the limited pool of talent. The failure to recruit and retain personnel, including, but not limited to, members of our executive team, could harm our business and our ability to grow our Company.

We do not own all of the buildings in which our data centers are located. Instead, we lease certain of our data center space and the ability to renew these leases could be a significant risk to our ongoing operations.

We do not own the buildings for six of our data centers and our business could be harmed if we are unable to renew the leases for these data centers at favorable terms or at all. The following table summarizes the remaining primary term and renewal rights associated with each of our leased properties:

 

 

 

 

 

 

 

 

 

 

 

 

 

Current Lease

 

 

 

 

Property

 

NRSF

 

Term Expiration

 

Renewal Rights

 

Base Rent Increases at Renewal

NY1

 

48,613

 

Apr. 2023

 

2 × 5 years

 

FMR(1)

LA1

 

153,778

 

July 2022

 

3 × 5 years

 

103% of previous monthly base rent

DC1

 

22,137

 

May 2021

 

2 × 5 years

 

Greater of 103% of previous monthly base rent or 95% of FMR(1)

DC2

 

24,563

 

July 2028

 

3 × 5 years

 

106% of previous monthly base rent for the renewal and 103% of previous monthly base rent thereafter

DE1

 

5,878

 

Oct. 2019

 

4 × 5 years

 

102.5% of previous monthly base rent

DE1

 

23,906

 

Dec. 2026

 

4 × 5 years

 

102.5% of previous monthly base rent

DE2

 

5,140

 

Dec. 2024

 

N/A

 

 


(1)

FMR represents “fair market rent” as determined by mutual agreement between landlord and tenant, or in the case of a disagreement, mutual agreement by third party appraisers.

When the primary terms of our leases expire, we generally have the right to extend the terms of our leases as indicated above. For two of these leases, the rent will be determined based on the fair market value of rental rates for the property and the then prevailing rental rates may be higher than rental rates under the applicable lease. To maintain the operating profitability associated with our present cost structure, we must increase operating revenues within existing data centers to offset any potential increase in lease payments at the end of the original and renewal terms. Failure to increase operating revenues to sufficiently offset these projected higher lease costs would adversely impact our operating income. Additionally, we may be unable to maintain good working relationships with the landlords of our leased properties, which would adversely affect our relationship with our customers and could result in the loss of current customers.

30


 

If we are not able to renew the lease at any of our data centers, the costs of relocating the equipment in such data centers and developing a new location into a high‑quality data center could be prohibitive. In addition, we could lose customers due to the disruptions in their operations caused by the relocation. We could also lose those customers that choose our data centers based primarily on their locations.

Increases in our property and other state and local taxes could adversely affect our ability to make distributions to our stockholders if they cannot be passed on to our customers.

We are subject to a variety of state and local taxes, including real and personal property taxes and sales and use taxes that may increase materially due to factors outside our control. In particular, real estate taxes on our properties may increase as tax rates change and as the properties are assessed or reassessed by taxing authorities. For example, in the State of California various groups have proposed repealing Proposition 13, which limits annual real estate tax increases to 2% of assessed value per annum. Such initiatives, if successful, would increase the assessed value and/or tax rates applicable to commercial property in California, including our data center properties. We expect to be notified by local taxing authorities that the assessed values of certain of our properties have increased. We plan to appeal these increased assessments, but we may not be successful in our efforts. Our leases with our customers generally do not allow us to increase their rent as a result of an increase in real estate or other taxes. If real estate or other taxes increase and we cannot pass these increases on to our customers through increased rent for new leases or upon lease renewals, our result of operations, cash flow and ability to make distributions to our stockholders would be adversely affected.

We are exposed to potential risks from errors in our financial reporting systems and controls, including the potential for material misstatements in our consolidated financial statements.

        Section 404 of the Sarbanes-Oxley Act of 2002 requires companies to evaluate their internal control over financial reporting. We performed our evaluation as of December 31, 2017, and concluded internal control over financial reporting is operating effectively. Although we believe our internal control over financial reporting is operating effectively, in the course of our internal audit program we have identified certain areas for ongoing improvement and we are in the process of evaluating and designing enhanced business processes and internal controls to address such areas, none of which we believe constitutes a material change. However, we cannot be certain that our efforts will be effective or sufficient for us, or our independent registered public accounting firm, to issue unqualified audit reports in the future, especially as our business continues to grow and evolve and if we acquire other businesses.

 

        Our ability to manage our operations and growth will require us to improve our operational, financial and management controls, as well as our internal reporting systems and controls. We may not be able to implement improvements to our internal reporting systems and controls in an efficient and timely manner and have in the past, and may in the future, discover deficiencies in existing systems and controls. In addition, internal reporting systems and controls are subject to human error. Any such deficiencies could result in material misstatements in our consolidated financial statements, which might involve restating previously issued financial statements. Additionally, as we expand, we will need to implement new systems to support our financial reporting business processes and controls. We may not be able to implement these systems such that errors would be identified in a timely manner, which could result in material misstatements in our consolidated financial statements.

 

Our expenses may not decrease if our revenue decreases.

Most of the expenses associated with our business, such as debt service payments, real estate, personal property and ad valorem taxes, insurance, utilities, employee wages and benefits and corporate expenses are relatively inflexible and do not necessarily decrease in tandem with a reduction in revenue from our business. Our expenses also will be affected by inflationary increases and certain of our costs may exceed the rate of inflation in any given period. As a result, we may not be able to fully offset our costs by higher lease rates, which could have a material adverse effect on our operations and financial performance.

Environmental problems are possible and can be costly.

Environmental liabilities could arise and have a material adverse effect on our financial condition and performance. Federal, state and local laws and regulations relating to the protection of the environment may require a current or previous owner or operator of real estate to investigate and remediate hazardous or toxic substances or

31


 

petroleum product releases at or from the property. In addition, we could incur costs to comply with such laws and regulations, the violation of which could lead to substantial fines and penalties.

We may have to pay governmental entities or third parties for property damage and for investigation and remediation costs that they incurred in connection with any contamination at our current and former properties without regard to whether we knew of or caused the presence of the contaminants. Even if more than one person may have been responsible for the contamination, each person covered by these environmental laws may be held responsible for all of the clean‑up costs incurred.

Some of our properties contain or may contain asbestos‑containing building materials. Environmental laws may impose fines and penalties on building owners or operators who fail to properly manage and maintain these materials, notify and train persons who may come into contact with asbestos and undertake special precautions, and third parties could potentially seek recovery from owners or operators for any personal injury associated with exposure to asbestos‑containing building materials.

Some of our properties may also contain or develop harmful mold or suffer from other air quality issues. As a result, the presence of significant mold or other airborne contaminants at any of our properties could require us to undertake a costly remediation program to contain or remove the mold or other airborne contaminants from the affected property or increase indoor ventilation. In addition, the presence of significant mold or other airborne contaminants could expose us to liability from our customers, employees of our customers and others if property damage or health concerns arise.

We may be adversely affected by regulations related to climate change.

Climate change regulation is a rapidly developing area. New laws relating to climate change, including potential cap‑and‑trade systems, carbon taxes and other requirements relating to reduction of carbon footprints and/or greenhouse gas emissions all could negatively affect our business operations, results of operations and cash flow. Other countries have enacted climate change laws and regulations and the United States has been involved in discussions regarding international climate change treaties. The U.S. Environmental Protection Agency, or EPA, and some of the states and localities in which we operate, have also enacted certain climate change laws and regulations and/or have begun regulating carbon footprints and greenhouse gas emissions. Our data centers consume significant amounts of power. These laws and regulations could limit our ability to develop new facilities or result in substantial compliance costs, retrofit costs and construction costs, including capital expenditures for environmental control facilities and other new equipment. We could also face a negative impact on our reputation with the public and our customers if we violate climate change laws or regulations.

We may incur significant costs complying with the Americans with Disabilities Act, or ADA, and similar laws, which could materially adversely affect our financial condition and operating results.

Under the ADA, all places of public accommodation must meet federal requirements related to access and use by disabled persons. A number of additional federal, state and local laws may also require modifications to our properties. We have not conducted an audit or investigation of all of our properties to determine our compliance with the ADA. If one of our properties is not in compliance with the ADA, we would be required to incur additional costs to bring the property into compliance. Additional federal, state and local laws may require modifications to our properties, or restrict our ability to renovate our properties. We cannot predict the ultimate amount of the cost of compliance with the ADA or other legislation. If we incur substantial costs to comply with the ADA and any other similar legislation, our financial condition and results of operations could be materially adversely affected.

We may incur significant costs complying with other regulations.

Our properties are subject to various federal, state and local regulations, such as state and local fire and life safety regulations. If one of our properties is not in compliance with these various regulations, we may be required to pay fines or private damage awards. We do not know whether existing regulations will change or whether future regulations will require us to make significant unanticipated expenditures that will materially adversely impact our financial condition, results of operations, cash flow and ability to make distributions to our stockholders.

32


 

We may be subject to securities class action and other litigation, which may harm our business and operating results.

We may be subject to securities class action or other litigation from time to time. Companies that have experienced volatility in the market price of their stock have been subject to securities class action litigation. We may be the target of this type of litigation in the future. Securities litigation against us could result in substantial costs and/or damages, and divert management’s attention from other business concerns, which could seriously harm our business, results of operations, financial condition or cash flows.

We may also be called on to defend ourselves against lawsuits relating to our business operations. Some of these claims may seek significant damage amounts due to the nature of our business. Due to the inherent uncertainties of litigation, we cannot accurately predict the ultimate outcome of any such current or future proceedings. A future unfavorable outcome in a legal proceeding could have an adverse impact on our business, financial condition and results of operations. In addition, current and future litigation, regardless of its merits, could result in substantial legal fees, settlement or judgment costs and a diversion of management’s attention and resources that are needed to successfully run our business.

We are subject to periodic litigation, which could result in unexpected expense of time and resources.

From time to time, we are called upon to defend ourselves against lawsuits relating to our business including securities class action litigation. Due to the inherent uncertainties of litigation, we cannot accurately predict the ultimate outcome of any such proceedings. We are currently involved in material legal proceedings. For a detailed discussion of our current material legal proceedings, see Item 3. Legal Proceedings in Part I of this Form 10-K. An unfavorable outcome in these proceedings or any future legal proceedings could have an adverse impact on our business, financial condition and results of operations. In addition, any significant litigation in the future, regardless of its merits, could divert management's attention from our operations and result in substantial legal fees. Any litigation could result in substantial costs and a diversion of management's attention and resources that are needed to successfully run our business.

Risks Related to Our Organizational Structure

Our Board of Directors may change our major corporate, investment and financing policies without stockholder approval and those changes may adversely affect our business.

Our Board of Directors will determine our major corporate policies, including our acquisition, investment, financing, growth, operations and level of indebtedness and distribution policies and whether to maintain our status as a REIT. Our Board of Directors may alter or eliminate our current corporate policies, including our policy on borrowing at any time without stockholder approval. Accordingly, while our stockholders have the power to elect or remove directors, our stockholders will have limited direct control over changes in our policies and those changes could adversely affect our business, financial condition, results of operations, the market price of our common stock and our ability to make distributions to our stockholders.

The Funds and their affiliates own approximately 28.9% of our Operating Partnership as of December 31, 2017, and have the right to nominate one director for so long as they hold at least 10% of our outstanding common stock or common stock equivalents. Their interests may differ from or conflict with the interests of our stockholders.

As of December 31, 2017, the Funds or their affiliates had an aggregate beneficial common ownership interest in our Operating Partnership of approximately 28.9% which, if exchanged for our common stock, would represent approximately 28.7% of our outstanding common stock. In addition, the operating agreement for our Operating Partnership grants the Funds and their affiliates the right to nominate one of the eight directors to our Board of Directors for so long as the Funds hold at least 10% of our outstanding common stock or common stock equivalents. As a result, the Funds and their affiliates have the ability to exercise substantial influence over our Company, including with respect to decisions relating to our capital structure, issuing additional shares of our common stock or other equity securities, paying dividends, incurring additional debt, making acquisitions, selling properties or other assets, merging with other companies and undertaking other extraordinary transactions. In any of these matters, the interests of the Funds and their affiliates may differ from or conflict with the interests of our other stockholders. In addition, the Funds and their affiliates are in the business of making investments in companies and may, from time to time, acquire interests in businesses that directly or indirectly compete with our business, as well as businesses that are significant existing or

33


 

potential customers. The Funds and their affiliates may acquire or seek to acquire assets that we seek to acquire and, as a result, those acquisition opportunities may not be available to us or may be more expensive for us to pursue.

Our charter and bylaws contain provisions that may delay, defer or prevent an acquisition of our common stock or a change in control, which may not be in the best interests of our stockholders.

Our charter and bylaws contain a number of provisions, the exercise or existence of which could delay, defer or prevent a transaction or a change in control that might involve a premium price for our stockholders or otherwise be in their best interests, including the following:

·

Our Charter Contains Restrictions on the Ownership and Transfer of Our Stock.  In order to assist us in complying with the limitations on the concentration of ownership of REIT stock imposed by the Code on REITs, our charter generally prohibits any person or entity (other than a person who or entity that has been granted an exception as described below) from actually or constructively owning more than 9.8% (by value or by number of shares, whichever is more restrictive) of our common stock, or more than 9.8% (by value) of our capital stock. The value and number of the outstanding shares of common stock, and the value of the outstanding shares of capital stock shall be determined by the Board of Directors in good faith, which shall be conclusive for all purposes. We refer to these restrictions as the ownership limits. Our charter permits our Board of Directors to make, and our Board of Directors has made, certain exceptions to these ownership limits, where our Board of Directors has determined that such exceptions would not cause us to fail to qualify as a REIT. Any attempt to own or transfer shares of our capital stock in excess of the ownership limits without the consent of our Board of Directors will result in the automatic transfer of the shares (and all dividends thereon) to a charitable trust. These ownership limitations may prevent a third party from acquiring control of us if our Board of Directors does not grant an exemption from the ownership limitations, even if our stockholders believe the change in control is in their best interests.

·

Our Charter Grants Our Board of Directors the Right to Classify or Reclassify Any Unissued Shares of Capital Stock, Increase or Decrease the Authorized Number of Shares and Establish the Preference and Rights of Any Preferred Stock without Stockholder Approval.  Our charter provides that the total number of shares of stock of all classes that we currently have authority to issue is 120,000,000, initially consisting of 100,000,000 shares of common stock and 20,000,000 shares of preferred stock. Our Board of Directors has the authority, without a stockholders’ vote, to classify or reclassify any unissued shares of stock, including common stock, into preferred stock or vice versa, to increase or decrease the authorized number of shares of common stock and preferred stock and to establish the preferences and rights of any preferred stock or other class or series of shares to be issued. Because our Board of Directors has the power to establish the preferences and rights of additional classes or series of stock without a stockholders’ vote, our Board of Directors may give the holders of any class or series of stock preferences, powers and rights, including voting rights, senior to the rights of holders of existing stock.

Certain provisions of Maryland law may limit the ability of a third party to acquire control of us.

Certain provisions of the Maryland General Corporation Law, or MGCL, may have the effect of inhibiting a third party from making a proposal to acquire us or of impeding a change of control under circumstances that otherwise could provide our common stockholders with the opportunity to realize a premium over the then‑prevailing market price of such shares, including:

·

“business combination” provisions that, subject to limitations, prohibit certain business combinations between us and an “interested stockholder” (defined generally as any person who beneficially owns 10% or more of the voting power of our outstanding shares of voting stock or an affiliate or associate of the corporation who, at any time within the two‑year period immediately prior to the date in question, was the beneficial owner of 10% or more of the voting power of the then outstanding stock of the corporation) or an affiliate of any interested stockholder for five years after the most recent date on which the stockholder becomes an interested stockholder and thereafter imposes two super‑majority stockholder voting requirements on these combinations; and

·

“control share” provisions that provide that “control shares” of our Company (defined as voting shares of stock which, when aggregated with all other shares controlled by the stockholder, entitle the stockholder to

34


 

exercise one of three increasing ranges of voting power in electing directors) acquired in a “control share acquisition” (defined as the direct or indirect acquisition of ownership or control of “control shares”) have no voting rights except to the extent approved by our stockholders by the affirmative vote of at least two‑thirds of all of the votes entitled to be cast on the matter, excluding all interested shares.

We have opted out of these provisions of the MGCL, in the case of the business combination provisions of the MGCL, by resolution of our Board of Directors and, in the case of the control share provisions of the MGCL, by a provision in our bylaws. However, our Board of Directors may elect to opt into these provisions, if approved by our stockholders by the affirmative vote of a majority of votes cast and with the consent of the Funds or their affiliates, provided that the consent of the Funds will not be required unless, in the case of the control share provisions, such provisions would apply to the Funds and their affiliates or in either case at such time they own less than 10% of our outstanding common stock (assuming all common Operating Partnership units are exchanged into common stock).

Additionally, the MGCL permits our Board of Directors, without stockholder approval and regardless of what is currently provided in our charter or bylaws, to implement certain takeover defenses, such as a classified board, some of which we do not yet have.

The Company’s rights and the rights of its stockholders to take action against its directors and officers are limited.

According to Maryland law, our Board of Directors have no liability in their capacities as directors if they perform their duties in good faith, in a manner they reasonably believe to be in the Company’s best interests and with the care that an ordinarily prudent person in a like position would use under similar circumstances. As permitted by the MGCL, the Company’s charter limits the liability of its directors and officers to the Company and its stockholders for money damages, except for liability resulting from:

·

actual receipt of an improper benefit or profit in money, property or services; or

·

a final judgment based upon a finding of active and deliberate dishonesty by the director or officer that was material to the cause of action adjudicated.

Additionally, the charter authorizes the Company to obligate itself, and the bylaws require it, to indemnify the Company’s directors and officers for actions taken by them in those capacities and to pay or reimburse their reasonable expenses in advance of final disposition of a proceeding to the maximum extent permitted by Maryland law and we have entered into indemnification agreements with the Company’s officers and directors. As a result, the Company and its stockholders may have more limited rights against its directors and officers than might otherwise exist under common law. Accordingly, in the event that actions taken in good faith by any of the Company’s directors or officers impede the performance of the Company, a stockholders’ ability to recover damages from that director or officer will be limited.

The number of shares available for future sale could adversely affect the market price of our common stock.

We cannot predict whether future issuances of shares of our common stock or the availability of shares of our common stock for resale in the open market will decrease the market price per share of our common stock. Sales of a substantial number of shares of our common stock in the public market, either by us or by holders of Operating Partnership units upon exchange of such Operating Partnership units for our common stock, or the perception that such sales might occur, could adversely affect the market price of the shares of our common stock. The Funds, as holders of the Operating Partnership units issued in the formation transactions, have the right to require us to register with the SEC the resale of the common stock issuable, if we so elect, upon redemption of these Operating Partnership units. In addition, we registered shares of common stock that we have reserved for issuance under our Long Term Incentive Plan, and they generally can be freely sold in the public market, assuming any applicable restrictions and vesting requirements are satisfied. If any or all of these holders, including the Funds, cause a large number of their shares to be sold in the public market, the sales could reduce the trading price of our common stock and could impede our ability to raise future capital. During the year ended December 31, 2017, 15,011 common Operating Partnership units held by third parties were redeemed for shares of our common stock. Refer to Item 8—Note 11 Noncontrolling Interests—Operating Partnership in “Financial Statements and Supplementary Data” included in this Annual Report.

35


 

Failure to qualify as a REIT would have material adverse consequences to us and the value of our stock.

We have elected to be taxed and to operate in a manner that will allow us to qualify as a REIT for federal income tax purposes under the Code. However, there can be no assurance that we will remain qualified as a REIT. If, in any taxable year, we lose our REIT status, we will face serious tax consequences that would substantially reduce our cash available for distribution to our stockholders for each of the years involved because:

·

we would not be allowed a deduction for distributions to stockholders in computing our taxable income and we would be subject to federal income tax, including any alternative minimum tax, at regular corporate rates;

·

we could be subject to increased state and local taxes; and

·

unless we are entitled to relief under applicable statutory provisions, we could not elect to be taxed as a REIT for four taxable years following the year during which we were disqualified.

Our failure to qualify as a REIT could also impair our ability to expand our business and raise capital, and would materially adversely affect the value of our common stock.

Failure to qualify as a domestically controlled REIT could subject our non‑U.S. stockholders to adverse federal income tax consequences.

We will remain a domestically controlled REIT if, at all times during a specified testing period, less than 50% in value of our shares is held directly or indirectly by non‑U.S. stockholders. However, because our shares are publicly traded, we cannot guarantee that we will maintain the qualifications to be a domestically‑controlled REIT. If we fail to qualify as a domestically‑controlled REIT, our non‑U.S. stockholders that otherwise would not be subject to federal income tax on the gain attributable to a sale of our shares of common stock would be subject to taxation upon such a sale if either (1) the shares of common stock were not considered to be regularly traded under applicable Treasury Regulations on an established securities market, such as the NYSE, or (2) the selling non‑U.S. stockholder owned, actually or constructively, more than 5% in value of the outstanding shares of common stock being sold during specified testing periods. If gain on the sale or exchange of our shares of common stock was subject to taxation for these reasons, the non‑U.S. stockholder would be subject to regular U.S. income tax with respect to any gain on a net basis in a manner similar to the taxation of a taxable U.S. stockholder, subject to any applicable alternative minimum tax and special alternative minimum tax in the case of nonresident alien individuals, and corporate non‑U.S. stockholders may be subject to an additional branch profits tax.

Our cash available for distribution to stockholders may not be sufficient to pay distributions at expected levels or at all, and we may be required to borrow funds on a short‑term basis during unfavorable market conditions.

In order to maintain our qualification as a REIT, we are required under the Code to distribute at least 90% of our net taxable income annually to our stockholders. In any period our net taxable income may be greater than our cash flow from operations, requiring us to fund such distributions from other sources, including borrowed funds, even if the market conditions are not favorable for these borrowings. In addition, we may become party to debt agreements that include cash management or similar provisions, pursuant to which revenues generated by properties subject to such indebtedness are immediately, or upon the occurrence of certain events, swept into an account for the benefit of the lenders under such debt agreements, which revenues would typically only become available to us after the funding of reserve accounts for, among other things, debt service, taxes, insurance and leasing commissions. In any event, if our properties do not generate sufficient distributable cash flow to satisfy our REIT distribution obligations, we may be required to fund distributions from working capital, borrowings under our revolving credit facility, the sale of assets or debt or equity financing, some or all of which may not be available or may not be available on favorable market conditions. As a result, any failure to generate cash greater than our REIT distribution obligation could have a material adverse effect on the price of our common stock.

Dividends payable by REITs do not qualify for the reduced tax rates available for some dividends.

For taxable years beginning on or after January 1, 2018, the maximum tax rate applicable to “qualified dividends” paid to U.S. shareholders that are individuals, trusts and estates is 23.8% (taking into account the 3.8%

36


 

Medicare tax applicable to net investment income). Dividends payable by REITs, however, generally are not eligible for the same reduced tax rate. Rather, as provided for in the Tax Cuts and Jobs Act signed into law December 22, 2017, REIT dividends will be subject to tax at rates applicable to ordinary income reduced by 20%, resulting in rates as high as 33.4% (taking into account the 3.8% Medicare tax applicable to net investment income). The more favorable tax rates applicable to regular corporate qualified dividends could cause investors who are individuals, trusts and estates to perceive investments in REITs to be relatively less attractive than investments in the shares of non‑REIT corporations that pay dividends, which could adversely affect the value of the shares of REITs, including our common shares.

Legislative or other actions affecting REITs could have a negative effect on us.

The rules dealing with federal income taxation are constantly under review by persons involved in the legislative process and by the IRS and the U.S. Department of the Treasury. Changes to the tax laws, with or without retroactive application, could materially and adversely affect our stockholders, Operating Partnership unit holders and/or us. We cannot predict how changes in the tax laws might affect our investors and/or us. New legislation, Treasury Regulations, administrative interpretations or court decisions could significantly and negatively affect our ability to qualify as a REIT or the federal income tax consequences of such qualification.

If tax rates were to change in a manner comparably favorable for regular corporate taxable income and dividends to that of REITs, investors could perceive investments in REITs to be relatively less attractive than investment in dividend paying non-REIT corporations, which could adversely affect the value of our common stock. Stockholders and potential investors should consult their tax advisors regarding their respective tax considerations and rates.

Applicable REIT laws may restrict certain business activities.

As a REIT we are subject to various restrictions on our income, assets and activities. These include restrictions on our ability to pursue certain strategic acquisitions or business combinations and our ability to enter into other lines of business. Due to these restrictions, we anticipate that we will conduct certain business activities in one or more taxable REIT subsidiaries. Our taxable REIT subsidiaries are taxable as regular C corporations and are subject to federal, state, local and, if applicable, foreign taxation on their taxable income at applicable corporate income tax rates. However, we may still be limited in the business activities we can pursue.

Despite our REIT status, we remain subject to various taxes.

Notwithstanding our status as a REIT, we will be subject to certain federal, state and local taxes on our income and property. For example, we will pay tax on certain types of income that we do not distribute and we will incur a 100% excise tax on transactions with our taxable REIT subsidiary (“TRS”) entities that are not conducted on an arm’s length basis. Moreover, our TRS entities are taxable as regular C corporations and will pay federal, state and local income tax on their net taxable income at the applicable corporate rates.

We could become subject to the imposition of prohibited transactions tax.

In the event a determination were made that we executed a prohibited transaction, defined as a sale or disposition of property held for sale in the ordinary course of business other than foreclosed property, a federal tax would be imposed on 100% of the net income derived from such a transaction. Safe‑harbor rules exist to avoid the prohibited transaction test. Otherwise, facts and circumstances would govern application of the tax to a particular transaction.

If the structural components of our properties were not treated as real property for purposes of the REIT qualification requirements, we would fail to qualify as a REIT.

A significant portion of the value of our properties is attributable to structural components related to the provision of electricity, heating, ventilation and air conditioning, humidification regulation, security and fire protection, and telecommunication services. We have received a private letter ruling from the Internal Revenue Service (the “IRS”), holding, among other things, that our buildings, including the structural components, constitute real property for purposes of the REIT qualification requirements. We are entitled to rely upon that private letter ruling only to the extent that we did not misstate or omit a material fact in the ruling request we submitted to the IRS and that we operate in the future in accordance with the material facts described in that request. Moreover, the IRS, in its sole discretion, may

37


 

revoke the private letter ruling. If our structural components are subsequently determined not to constitute real property for purposes of the REIT qualification requirements, including as a result of our being unable to rely upon the private letter ruling or the IRS revoking that ruling, we would fail to qualify as a REIT, which could have a material adverse effect on the value of our common stock.

If interconnection services were not treated as qualifying income for purposes of the REIT qualification requirements, we may fail to qualify as a REIT.

Interconnection services are a fundamental and growing part of our business. Based on representations we have made to the IRS that this activity is ordinary, necessary, usual, and customary in connection with the operation of our data center properties and those properties with similar character to ours, we have received a private letter ruling, holding, among other things, that amounts received from our customers for interconnection services will not be treated as other than “rents from real property” under the Code. We are entitled to rely upon that private letter ruling only to the extent that we did not misstate or omit a material fact in the ruling request we submitted to the IRS and that we operate in the future in accordance with the material facts described in that request. Moreover, the IRS, in its sole discretion, may revoke the private letter ruling. If the revenue associated with our interconnection activity was determined to be non‑qualifying REIT income, including as a result of our being unable to rely upon the private letter ruling or the IRS revoking that ruling, there would be significant risk to our ability to qualify as a REIT, which could have a material adverse effect on the value of our common stock.

Complying with REIT requirements may cause us to forego otherwise attractive opportunities or liquidate otherwise attractive investments.

To qualify as a REIT for federal income tax purposes, we must continually satisfy tests concerning, among other things, our sources of income, the nature and diversification of our assets, the amounts we distribute to our stockholders and the ownership of our capital stock. If we fail to comply with one or more of the asset tests at the end of any calendar quarter, we must correct the failure within 30 days after the end of such calendar quarter or qualify for certain statutory relief provisions to avoid losing our REIT qualification and suffering adverse tax consequences. In order to meet these tests, we may be required to forego investments we might otherwise make or to liquidate otherwise attractive investments. Thus, compliance with the REIT requirements may hinder our financial performance and reduce amounts available for distribution to our stockholders.

ITEM 1B.  UNRESOLVED STAFF COMMENTS

None.

ITEM 2.  PROPERTIES

The information set forth under the caption “Our Portfolio” in Item 1 of this Annual Report is incorporated by reference herein.

ITEM 3.  LEGAL PROCEEDINGS

In the ordinary course of our business, we are subject to claims and administrative proceedings. Except as described below, we are not presently party to any proceeding which we believe to be material or which we would expect to have, individually or in the aggregate, a material adverse effect on our business, financial condition, cash flows or results of operations.

 

On February 4, 2014, U.S. Colo, LLC (“U.S. Colo”), a current customer, filed a complaint against us in the United States District Court for the Central District of California. In the complaint, U.S. Colo alleged that it should not have been charged for the use of various interconnection services under the terms of an existing agreement between the parties.

 

On July 23, 2015, after amendments to the complaint, dismissal of several of U.S. Colo’s claims, and a remand of the case to the Superior Court of the State of California, County of Los Angeles (the “Superior Court”), U.S. Colo filed an amended complaint alleging breach of contract and breach of the covenant of good faith and fair dealing. The amended complaint seeks $802,564 in damages for charges paid to us for interconnection services; $70,080,000 in

38


 

damages for alleged losses of revenue and profits; attorney’s fees, interest, and costs of the suit; and declaratory and injunctive relief. 

 

On February 4, 2016, the Superior Court granted our motion for summary adjudication, finding that U.S. Colo had contractually waived all claims for lost revenue or profits or other consequential damages.

 

The case was set to start trial on July 24, 2017 (after being rescheduled previously), but upon unopposed application by U.S. Colo, the Superior Court vacated the July 24, 2017, trial date, continued the trial date to April 9, 2018, set a final status conference for March 29, 2018, and reset other procedural deadlines in the action. We intend to vigorously defend this legal proceeding.

 

On July 9, 2015, a purported class action lawsuit was filed in the Superior Court of the State of California, County of Los Angeles, against us, alleging various employment law violations related to overtime, meal and break periods, minimum wage, timely payment of wages, wage statements, payroll records and business expenses. On March 15, 2016, we filed a responsive pleading generally denying the allegations. On July 27, 2016, the parties agreed upon class-wide settlement terms, subject to court approval. On November 28, 2017, the Superior Court granted final approval of the parties’ settlement, which resolves the matter on a class-wide basis, on behalf of all non-exempt employees in California. The settlement also resolves a related class action lawsuit filed on July 22, 2016, alleging similar claims. As part of the settlement, we agreed to pay $600,000, which amount was paid on December 12, 2017.  

ITEM 4.  MINE SAFETY DISCLOSURES

Not applicable.

39


 

PART II

ITEM 5.  MARKET FOR REGISTRANT’S COMMON EQUITY, RELATED STOCKHOLDER MATTERS AND ISSUER PURCHASES OF EQUITY SECURITIES

Market Information and Holders

Our common stock is listed and traded on the New York Stock Exchange (“NYSE”) under the symbol “COR”. As of February 7, 2018, we had five holders of record of our common stock. This figure does not reflect the beneficial ownership of shares held in nominee name. The following table sets forth, for the periods indicated, the high and low sale prices in dollars on the NYSE for our common stock and the dividends we declared with respect to the periods indicated.

 

Distributions and Dividends

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Price Range

 

Dividends

 

    

High

    

Low

    

Declared

2017:

 

 

 

 

 

 

 

 

 

Fourth Quarter

 

$

119.59

 

$

107.62

 

$

0.98

Third Quarter

 

 

120.85

 

 

99.56

 

 

0.90

Second Quarter

 

 

113.55

 

 

88.85

 

 

0.90

First Quarter

 

 

90.81

 

 

78.78

 

 

0.80

2016:

 

 

 

 

 

 

 

 

 

Fourth Quarter

 

$

80.45

 

$

64.81

 

$

0.80

Third Quarter

 

 

91.91

 

 

73.59

 

 

0.53

Second Quarter

 

 

88.74

 

 

69.04

 

 

0.53

First Quarter

 

 

71.10

 

 

54.23

 

 

0.53

 

In order to comply with the REIT requirements of the Code, we generally are required to make annual distributions to our shareholders of at least 90% of our net taxable income. Our common stock distribution policy is to distribute as dividends, at a minimum, a percentage of our cash flow that ensures that we will meet the distribution requirements of the Code and any subsequent increases and/or anticipated increases are correlated to increases in our growth of cash flow.

We have made distributions in the form of dividends in every quarter since the completion of our initial public offering (“IPO”). While we plan to continue to make quarterly distributions, no assurances can be made as to the frequency or amounts of any future distributions. The payment of common stock distributions is dependent upon our financial condition, operating results and REIT distribution requirements and may be adjusted at the discretion of our Board of Directors during the year. Dividends declared in the past two fiscal years are noted in the chart above.

40


 

Performance Graph

The following line graph sets forth, for the period from December 31, 2012, through December 31, 2017, a comparison of the percentage change in the cumulative total stockholder return on our common stock compared to the cumulative total return of the S&P 500 Market Index and the MSCI US REIT Index. The graph assumes that $100 was invested on December 31, 2012, in shares of our common stock and each of the aforementioned indices and that all dividends were reinvested without the payment of any commissions. There can be no assurance that the performance of our shares will continue in line with the same or similar trends depicted in the graph below.

Picture 4

 

 

 

 

 

 

 

 

 

 

 

Pricing Date

 

COR

 

S&P 500

 

MSCI US REIT

December 31, 2012

 

$

100

 

$

100

 

$

100

December 31, 2013

 

$

116

 

$

130

 

$

99

December 31, 2014

 

$

141

 

$

144

 

$

124

December 31, 2015

 

$

205

 

$

143

 

$

122

December 31, 2016

 

$

287

 

$

157

 

$

127

December 31, 2017

 

$

412

 

$

187

 

$

128

 

Sales of Unregistered Equity Securities

None.

41


 

Repurchases of Equity Securities

Preferred Stock

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Number of Shares Purchased

 

Average Price Paid per Share

 

Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs

 

Maximum Dollar Value of Shares that May Yet be Purchased Under the Plans or Programs

 

October 1 - October 31, 2017

 

 

$

 

 

$

 

November 1 - November 30, 2017

 

 

 

 

 

 

 

December 1 - December 31, 2017

 

4,600,000

(1)

 

25.292014

 

 

 

 

  Total

 

4,600,000

 

$

25.292014

 

 

$

 

 


(1)

On October 16, 2017, we announced our intent to redeem all 4,600,000 outstanding shares of our 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”).  On December 12, 2017, all of the outstanding shares of the Series A Preferred Stock were redeemed for $25.00 per share, plus all accrued and unpaid dividends in an amount equal to $0.292014 per share, for a total payment of $25.292014 per share.

 

42


 

ITEM 6.  SELECTED FINANCIAL DATA

The following table sets forth selected consolidated financial and operating data on an historical basis for CoreSite Realty Corporation. The following selected financial data should be read in conjunction with our consolidated financial statements, including the notes thereto, included in Item 8. “Financial Statements and Supplementary Data” in this Annual Report and Item 7. “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this Annual Report.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

(in thousands except share and per share data)

    

2017

    

2016

    

2015

    

2014

    

2013

 

Statement of Operations Data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Operating revenues

 

$

481,821

 

$

400,352

 

$

333,292

 

$

272,420

 

$

234,833

 

Operating expenses

 

 

357,009

 

 

305,735

 

 

269,208

 

 

228,233

 

 

200,163

 

Operating income

 

 

124,812

 

 

94,617

 

 

64,084

 

 

44,187

 

 

34,670

 

Gain on land disposal

 

 

 —

 

 

 —

 

 

36

 

 

1,208

 

 

 —

 

Interest expense

 

 

(24,147)

 

 

(12,577)

 

 

(7,098)

 

 

(5,305)

 

 

(2,657)

 

Net income

 

 

100,491

 

 

81,921

 

 

56,859

 

 

40,052

 

 

31,612

 

Net income attributable to noncontrolling interests

 

 

25,636

 

 

23,212

 

 

22,153

 

 

17,287

 

 

12,771

 

Net income attributable to CoreSite Realty Corporation

 

 

74,855

 

 

58,709

 

 

34,706

 

 

22,765

 

 

18,841

 

Preferred stock dividends

 

 

(7,924)

 

 

(8,338)

 

 

(8,338)

 

 

(8,338)

 

 

(8,338)

 

Original issuance costs associated with redeemed preferred stock

 

 

(4,326)

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Net income attributable to common shares

 

$

62,605

 

$

50,371

 

$

26,368

 

$

14,427

 

$

10,503

 

Earnings Per Share

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income per share attributable to common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.85

 

$

1.56

 

$

1.05

 

$

0.68

 

$

0.50

 

Diluted

 

 

1.84

 

 

1.54

 

 

1.03

 

 

0.66

 

 

0.49

 

Dividends declared per common share

 

 

3.58

 

 

2.39

 

 

1.79

 

 

1.47

 

 

1.16

 

Balance Sheet Data

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross investments in real estate

 

$

1,821,217

 

$

1,643,576

 

$

1,295,135

 

$

1,146,548

 

$

1,048,525

 

Total assets

 

 

1,532,659

 

 

1,451,303

 

 

1,162,543

 

 

1,074,604

 

 

1,016,346

 

Debt, net

 

 

939,570

 

 

690,450

 

 

391,007

 

 

317,679

 

 

232,352

 

Funds from Operations ("FFO")

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

100,491

 

$

81,921

 

$

56,859

 

$

40,052

 

$

31,612

 

Real estate depreciation and amortization

 

 

123,848

 

 

103,136

 

 

87,287

 

 

73,955

 

 

62,040

 

Gain on land disposal

 

 

 —

 

 

 —

 

 

(36)

 

 

(1,208)

 

 

 —

 

FFO

 

 

224,339

 

 

185,057

 

 

144,110

 

 

112,799

 

 

93,652

 

Preferred stock dividends

 

 

(7,924)

 

 

(8,338)

 

 

(8,338)

 

 

(8,338)

 

 

(8,338)

 

Original issuance costs associated with redeemed preferred stock

 

 

(4,326)

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

FFO attributable to common shares and units

 

$

212,089

 

$

176,719

 

$

135,772

 

$

104,461

 

$

85,314

 

FFO per common share and OP unit - diluted

 

$

4.43

 

$

3.71

 

$

2.86

 

$

2.22

 

$

1.82

 

 

We consider funds from operations (“FFO”), a non‑generally accepted accounting principles (“GAAP”) measure, to be a supplemental measure of our performance which should be considered along with, but not as an alternative to, net income and cash provided by operating activities as a measure of operating performance and liquidity. We calculate FFO in accordance with the standards established by the National Association of Real Estate Investment Trusts (“NAREIT”). FFO represents net income (computed in accordance with GAAP), excluding gains (or losses) from sales of property and undepreciated land and impairment write‑downs of depreciable real estate, plus real estate related depreciation and amortization (excluding amortization of deferred financing costs) and after adjustments for unconsolidated partnerships and joint ventures. FFO attributable to common shares and units represents FFO less preferred stock dividends declared and original issuance costs associated with redeemed preferred stock during the period.

Our management uses FFO as a supplemental performance measure because, in excluding real estate related depreciation and amortization and gains and losses from property dispositions, it provides a performance measure that, when compared year over year, captures trends in occupancy rates, rental rates and operating costs.

We offer this measure because we recognize that FFO will be used by investors as a basis to compare our operating performance with that of other REITs. However, because FFO excludes real estate related depreciation and amortization and captures neither the changes in the value of our properties that result from use or market conditions, nor the level of capital expenditures and capitalized leasing commissions necessary to maintain the operating performance of our properties, all of which have real economic effect and could materially impact our financial condition and results from operations, the utility of FFO as a measure of our performance is limited. FFO is a non‑GAAP measure and should not be considered a measure of liquidity, an alternative to net income, cash provided by operating activities or any other

43


 

performance measure determined in accordance with GAAP, nor is it indicative of funds available to fund our cash needs, including our ability to pay dividends or make distributions. In addition, our calculations of FFO are not necessarily comparable to FFO as calculated by other REITs that do not use the same definition or implementation guidelines or interpret the standards differently from us. Investors in our securities should not rely on these measures as a substitute for any GAAP measure, including net income.

44


 

ITEM 7.  MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

You should read the following discussion and analysis of our results of operations, financial condition and liquidity in conjunction with our consolidated financial statements and the related notes included elsewhere in this annual report. Some of the information contained in this discussion and analysis or set forth elsewhere in this annual report, including information with respect to our plans and strategies for our business, statements regarding the industry outlook, our expectations regarding the future performance of our business and the other non‑historical statements contained herein are forward‑looking statements. See “Cautionary Note Regarding Forward‑Looking Statements.” You should also review the “Risk Factors” in Item 1A. of this Annual Report for a discussion of important factors that could cause actual results to differ materially from the results described herein or implied by such forward‑looking statements.

Overview

We are engaged in the business of ownership, acquisition, construction and operation of strategically located data centers in some of the largest and fastest growing data center markets in the United States, including the Northern Virginia (including Washington D.C.), New York and San Francisco Bay areas, Chicago, Los Angeles, Boston, Miami, and Denver.

We deliver secure, reliable, high‑performance data center and interconnection solutions to a growing customer ecosystem across eight key North American communication markets. More than 1,200 of the world’s leading enterprises, network operators, cloud providers, and supporting service providers choose us to connect, protect and optimize their performance-sensitive data, applications and computing workloads.

Our focus is to bring together a network and cloud community to support the needs of enterprises, and create a diverse customer ecosystem. Our growth strategy includes (i) increasing cash flow from in‑place data center space, (ii) capitalizing on embedded expansion opportunities within existing data centers, (iii) selectively pursuing acquisition and development opportunities in existing and new markets, (iv) expanding existing customer relationships, and (v) attracting new customers.

Factors that May Influence our Results of Operations

Market and economic conditions.  We are impacted by general business and economic conditions in the United States and globally. These conditions include short‑term and long‑term interest rates, inflation, money supply, political issues, legislative and regulatory changes, fluctuations in both debt and equity capital markets and broad trends in industry and finance, all of which are beyond our control. Macro‑economic conditions that affect the economy and the economic outlook of the United States, particularly in the industry and the rest of the world could adversely affect our customers and vendors, which could adversely affect our results of operations and financial condition.

Recent Accounting Pronouncements. We adopted the provisions of ASC Topic 606, Revenue Recognition – Revenue from Contracts with Customers and ASC Topic 842, Leases, effective January 1, 2018. For additional information with respect to the impacts of ASC Topic 606 and ASC Topic 842 on our financial condition and results of operations, refer to Item 8—Note 2—Summary of Significant Account Policies in “Financial Statements and Supplementary Data” included in this Annual Report.

Operating revenue.  The amount of revenue generated by the properties in our portfolio depends on several factors, including our ability to lease available unoccupied and under construction space at attractive rental rates. As of December 31, 2017, we had approximately 423,000 NRSF of unoccupied or under construction data center space of which approximately 55,000 NRSF is leased with a future commencement date. The loss of multiple significant customers could have a material adverse effect on our results of operations since our top ten customers account for 28.8% of our total operating NRSF and 34.6% of our total annualized rent. During the year ended December 31, 2017, we entered into new and expansion leases totaling approximately 180,000 NRSF. The following table summarizes our leasing activity during the year ended December 31, 2017:

45


 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

GAAP

 

Total

 

 

 

 

 

 

 

 

 

 

Number of

 

Annualized

 

Leased

 

GAAP Rental

 

GAAP Rent

 

 

 

Three Months Ended

 

Leases(1)

 

Rent ($000)

 

NRSF(2)

 

Rates(3)

 

Growth(4)

 

New/expansion leases commenced

    

December 31, 2017

    

126

    

$

8,219

    

52,221

    

$

157

 

 

 

 

 

September 30, 2017

    

122

    

 

8,855

    

21,617

    

 

410

 

 

 

 

 

June 30, 2017

    

129

    

 

6,580

    

25,712

    

 

256

 

 

 

 

 

March 31, 2017

    

118

    

 

9,121

    

37,352

    

 

244

    

 

 

 

 

Total

 

495

 

$

32,775

 

136,902

 

$

239

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

New/expansion leases signed

 

December 31, 2017

 

128

 

$

7,219

 

41,521

 

$

174

 

 

 

 

 

September 30, 2017

 

103

 

 

10,099

 

40,842

 

 

247

 

 

 

 

 

June 30, 2017

 

119

 

 

11,918

 

51,568

 

 

208

(5)

 

 

 

 

March 31, 2017

 

128

 

 

9,701

 

46,484

 

 

209

 

 

 

 

 

Total

 

478

 

$

38,937

 

180,415

 

$

209

(5)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Renewal leases signed

 

December 31, 2017

 

241

 

$

11,156

 

78,577

 

$

142

 

6.2

%

 

 

September 30, 2017

 

280

 

 

14,370

 

80,818

 

 

178

 

10.9

 

 

 

June 30, 2017

 

172

 

 

12,934

 

83,097

 

 

156

 

6.5

 

 

 

March 31, 2017

 

178

 

 

13,885

 

95,108

 

 

146

 

5.5

 

 

 

Total

 

871

 

$

52,345

 

337,600

 

$

155

 

7.3

%


(1)

Number of leases represents each agreement with a customer; a lease agreement could include multiple spaces and a customer could have multiple leases.

(2)

Total leased NRSF is determined based on contractually leased square feet, including required data center support space (such as the mechanical, telecommunications and utility rooms) and building common areas.

(3)

GAAP rental rates represent annual contractual rent per NRSF adjusted for straight‑line rents in accordance with GAAP.

(4)

GAAP rent growth represents the increase in rental rates on renewed leases commencing during the period, as compared with the previous period’s rental rates for the same space.

(5)

GAAP annualized rent includes contractual payments related to reserved dedicated expansion space, however, such amount is excluded in calculating GAAP annualized rent per leased NRSF rate.

Operating expenses.  Our operating expenses primarily consist of utility costs, including power, site maintenance, real estate taxes and insurance, personnel salaries and benefits, including stock based compensation, depreciation, as well as rental expenses on our properties in which we hold a leasehold interest. A substantial majority of our operating expenses are fixed in nature and should not vary significantly from period to period, unless we expand our existing data centers or acquire new data centers, which would entail additional operations, security and facility personnel, as well as utility, operating and maintenance expenses. Our buildings require significant power to support data center operations. We expect the cost of power will generally increase in the future on a per‑unit or fixed basis in addition to the variable increase related to the growth in consumption by our customers. In addition, the cost of power is generally higher in summer months as compared to other times of the year. Furthermore, to the extent we incur increased electricity costs as a result of either climate change policies or the physical effects of climate change; such increased costs could materially impact our financial condition, results of operations and cash flows.

Substantially all of our data center NRSF is subject to the breakered‑amp or sub‑metered (branch circuit monitoring) power pricing models. We recover all or substantially all of our electricity costs for our leased data center space under either model. Under the sub‑metered model, a customer pays us monthly for the power attributable to its equipment in the data center as well as for its ratable allocation of the power used to provide the cooling, lighting, security and other requirements supporting the data center, in each case, at a rate substantially equivalent to our then current utility cost. Under the breakered‑amp model, a customer pays a fixed monthly fee per committed available ampere of connected power. The extent to which this fixed monthly fee correlates to the monthly amount we pay to our utility provider for electricity at each data center facility varies depending upon the amount of power each customer utilizes each month relative to the amount of committed power and related infrastructure purchased.

46


 

Scheduled Lease Expirations.  Our ability to re‑lease expiring space at rental rates equal to or in excess of current rental rates will impact our results of operations.We have 1,195 and 544 data center leases representing approximately 20.9% and 15.1% of the NRSF in our operating data center portfolio which are scheduled to expire during the years ending December 31, 2018, and December 2019, respectively. These leases represent current annualized rent of $91.7 million and $53.4 million with annualized rental rates of $159 per NRSF and $128 per NRSF expiring during the years ending December 31, 2018, and 2019, respectively. Our past performance may not be indicative of future results, and there can be no assurance that leases will be renewed or that our properties will be re‑leased at all or at rental rates equal to or above the current average rental rates. Further, re‑leased/renewed rental rates in a particular market may not be consistent with rental rates across our portfolio as a whole and may fluctuate from one period to another due to a number of factors, including local real estate conditions, local supply and demand for datacenter space, competition from other datacenter developers or operators, the condition of a particular property and whether a property, or space within a property, has been developed.

Acquisitions, Development and Financing.  Our ability to grow rental and operating revenue depends on our ability to acquire, develop and lease data center space at favorable rental rates. As of December 31, 2017, and including the CH2 land purchased on January 29, 2018, we had approximately 1,516,000 NRSF of space available for future data center development and space currently under development, or approximately 37% of the total space in our portfolio. We may encounter development delays, excess development costs, or delays in leasing developed space to customers. We generally fund the cost of data center development from additional capital, which, for future developments, we would expect to obtain through our revolving credit facility and other unsecured and secured borrowings, construction financings and the issuance of additional equity and debt securities if needed and when market conditions permit. We will require additional capital to finance future development activities, which may not be available or may not be available on terms acceptable to us.

Conditions in Significant Markets.  Positive or negative changes in conditions including supply and demand, rental rates, utility costs, and general economic conditions in any of our markets could impact our overall performance. The following table provides a geographic overview of our property portfolio as a percentage of total data center annualized rent as of December 31, 2017:

 

 

 

 

 

 

 

Percentage  of Total Data

Metropolitan Market

 

Center Annualized Rent

San Francisco Bay

 

30.9

%

Los Angeles

 

25.9

 

Northern Virginia

 

19.7

 

New York

 

7.3

 

Chicago

 

7.3

 

Boston

 

7.1

 

Denver

 

1.2

 

Miami

 

0.6

 

Total

 

100.0

%

 

 

 

47


 

Results of Operations

Year Ended December 31, 2017, Compared to Year Ended December 31, 2016

The discussion below relates to our financial condition and results of operations for the years ended December 31, 2017, and 2016. A summary of our operating results for the years ended December 31, 2017, and 2016, is as follows (in thousands).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2017

    

2016

    

$ Change

    

% Change

 

Operating revenue

 

$

481,821

 

$

400,352

 

$

81,469

 

20.3

%

Operating expense

 

 

357,009

 

 

305,735

 

 

51,274

 

16.8

 

Operating income

 

 

124,812

 

 

94,617

 

 

30,195

 

31.9

 

Interest expense

 

 

24,147

 

 

12,577

 

 

11,570

 

92.0

 

Net income

 

 

100,491

 

 

81,921

 

 

18,570

 

22.7

 

 

Operating Revenues

Operating revenues during the years ended December 31, 2017, and 2016, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2017

    

2016

    

$ Change

    

% Change

 

Data center revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Rental revenue

 

$

264,134

 

$

218,060

 

$

46,074

 

21.1

%

Power revenue

 

 

134,909

 

 

111,541

 

 

23,368

 

21.0

 

Interconnection revenue

 

 

62,293

 

 

53,077

 

 

9,216

 

17.4

 

Tenant reimbursement and other

 

 

8,637

 

 

9,086

 

 

(449)

 

(4.9)

 

Total data center revenue

 

 

469,973

 

 

391,764

 

 

78,209

 

20.0

 

Office, light-industrial and other revenue

 

 

11,848

 

 

8,588

 

 

3,260

 

38.0

 

Total operating revenues

 

$

481,821

 

$

400,352

 

$

81,469

 

20.3

%

 

A majority of the increase in operating revenues was due to a $69.4 million increase in data center rental and power revenue during the year ended December 31, 2017, compared to the 2016 period. The increase in data center rental and power revenue is due primarily to the commencement of new and expansion leases of approximately 137,000 NRSF at an average rental rate of $239 per NRSF. The increase in operating revenues was also attributable to lease renewals of approximately 338,000 NRSF at a rent growth rate of 7.3% and assumed in-place leases of 199,000 NRSF in connection with the acquisition of the Reston Campus Expansion during the year ended December 31, 2016. This increase was partially offset by the move-out of customer leases totaling approximately 55,000 NRSF at an average rental rate of $170 per NRSF during the year ended December 31, 2017, and the expiration of $4.1 million of annualized rent associated with a previously restructured lease agreement at our Santa Clara campus.

In addition, interconnection revenue increased $9.2 million, or 17.4%, during the year ended December 31, 2017, compared to the 2016 period, primarily as a result of an 11.3% increase in the volume of cross connects from new and existing customers during the year ended December 31, 2017, and revenue increases resulting from customers migrating to our higher priced fiber cross connect product.

48


 

Operating Expenses

Operating expenses during the years ended December 31, 2017, and 2016, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2017

    

2016

    

$ Change

    

% Change

 

Property operating and maintenance

 

$

132,820

 

$

107,212

 

$

25,608

 

23.9

%

Real estate taxes and insurance

 

 

14,913

 

 

14,250

 

 

663

 

4.7

 

Depreciation and amortization

 

 

129,251

 

 

108,652

 

 

20,599

 

19.0

 

Sales and marketing

 

 

18,176

 

 

17,495

 

 

681

 

3.9

 

General and administrative

 

 

37,548

 

 

35,369

 

 

2,179

 

6.2

 

Rent

 

 

24,125

 

 

22,631

 

 

1,494

 

6.6

 

Transaction costs

 

 

176

 

 

126

 

 

50

 

39.7

 

Total operating expenses

 

$

357,009

 

$

305,735

 

$

51,274

 

16.8

%

 

Property operating and maintenance expense increased $25.6 million, or 23.9%, primarily as a result of an increase in power expense due to increased customer consumption related to the commencement of new and expansion leases during the year ended December 31, 2017, which resulted in a 5.7% increase in occupied data center NRSF. In addition, payroll and benefits expense also increased due to an increase in facilities and operations headcount associated with increased occupied data center NRSF.

Real estate taxes and insurance increased $0.7 million during the year ended December 31, 2017, compared to the 2016 period, primarily as a result of increased tax assessments and decreased capitalized real estate taxes resulting from the completion of SV7 in the fourth quarter of 2016. We also recognized higher real estate tax expense related to our Reston Campus Expansion during the year ended December 31, 2017, which we did not own during the full year ended December 31, 2016.

Depreciation and amortization expense increased $20.6 million during the year ended December 31, 2017, as a result of an increase in depreciation expense from approximately 227,000 NRSF of new data center capital projects placed into service, with a cost basis of approximately $233.1 million in the fourth quarter of 2016 as well as approximately 30,000 NRSF of new data center capital projects placed into service, with a cost basis of approximately $22.3 million during the year ended December 31, 2017.

Sales and marketing expenses increased by $0.7 million during the year ended December 31, 2017, primarily due to an increase in headcount and additional marketing expenses.

General and administrative expenses increased by $2.2 million during the year ended December 31, 2017, primarily due to an increase in software license fees.

Rent expense increased $1.5 million, or 6.6%, due to term extensions related to certain spaces within our LA1 lease, resulting in additional straight-line rent expense recognized during the year ended December 31, 2017, compared to the 2016 period.

Interest Expense

Interest expense increased $11.6 million during the year ended December 31, 2017, compared to the 2016 period, primarily as a result of the increase in overall debt outstanding, increased interest rates, and a reduction in capitalized interest resulting from the completion of SV7 in the fourth quarter of 2016. The total principal debt outstanding was $944.5 million and $694.0 million as of December 31, 2017, and 2016, respectively. Our daily weighted average interest rate increased from 2.66% during the year ended December 31, 2016, to 3.17% during the year ended

49


 

December 31, 2017. A summary of interest expense for the years ended December 31, 2017, and 2016, is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2017

    

2016

    

$ Change

    

% Change

 

Interest expense and fees

 

$

25,753

 

$

15,365

 

$

10,388

 

67.6

%

Amortization of deferred financing costs

 

 

1,676

 

 

1,333

 

 

343

 

25.7

 

Capitalized interest

 

 

(3,282)

 

 

(4,121)

 

 

839

 

(20.4)

 

Total interest expense

 

$

24,147

 

$

12,577

 

$

11,570

 

92.0

%

Percent capitalized

 

 

12.0

%  

 

24.7

%  

 

 

 

 

 

 

Year Ended December 31, 2016, Compared to Year Ended December 31, 2015

The discussion below relates to our financial condition and results of operations for the years ended December 31, 2016, and 2015. A summary of our operating results for the years ended December 31, 2016, and 2015, is as follows (in thousands).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2016

    

2015

    

$ Change

    

% Change

 

Operating revenue

 

$

400,352

 

$

333,292

 

$

67,060

 

20.1

%

Operating expense

 

 

305,735

 

 

269,208

 

 

36,527

 

13.6

 

Operating income

 

 

94,617

 

 

64,084

 

 

30,533

 

47.6

 

Interest expense

 

 

12,577

 

 

7,098

 

 

5,479

 

77.2

 

Net income

 

 

81,921

 

 

56,859

 

 

25,062

 

44.1

 

 

50


 

Operating Revenues

Operating revenues during the years ended December 31, 2016, and 2015, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2016

    

2015

    

$ Change

    

% Change

 

Data center revenue:

 

 

 

 

 

 

 

 

 

 

 

 

Rental revenue

 

$

218,060

 

$

183,300

 

$

34,760

 

19.0

%

Power revenue

 

 

111,541

 

 

89,495

 

 

22,046

 

24.6

 

Interconnection revenue

 

 

53,077

 

 

44,234

 

 

8,843

 

20.0

 

Tenant reimbursement and other

 

 

9,086

 

 

8,295

 

 

791

 

9.5

 

Total data center revenue

 

 

391,764

 

 

325,324

 

 

66,440

 

20.4

 

Office, light-industrial and other revenue

 

 

8,588

 

 

7,968

 

 

620

 

7.8

 

Total operating revenues

 

$

400,352

 

$

333,292

 

$

67,060

 

20.1

%

 

A majority of the increase in operating revenues was due to a $56.8 million increase in data center rental and power revenue during the year ended December 31, 2016, compared to the 2015 period. The increase in data center rental and power revenue is due primarily to the commencement of new and expansion leases of approximately 443,000 NRSF at an average rental rate of $132 per NRSF. This includes the commencement of a 136,580 build-to-suit powered shell lease at our SV6 facility. The increase in operating revenues was also attributable to the renewal of approximately 255,000 NRSF at a rent growth rate of 7.6% during the year ended December 31, 2016. This increase was partially offset by the move-out of customer leases totaling approximately 92,000 NRSF at an average rental rate of $167 per NRSF during the year ended December 31, 2016.

In addition, interconnection revenue increased $8.8 million, or 20.0%, during the year ended December 31, 2016, compared to the 2015 period, primarily as a result of an increase in the volume and pricing of cross connects from new and existing customers. During the year ended December 31, 2016, total cross connect volume grew 11.6%.

Operating Expenses

Operating expenses during the years ended December 31, 2016, and 2015, were as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2016

    

2015

    

$ Change

    

% Change

 

Property operating and maintenance

 

$

107,212

 

$

89,805

 

$

17,407

 

19.4

%

Real estate taxes and insurance

 

 

14,250

 

 

12,144

 

 

2,106

 

17.3

 

Depreciation and amortization

 

 

108,652

 

 

95,702

 

 

12,950

 

13.5

 

Sales and marketing

 

 

17,495

 

 

15,930

 

 

1,565

 

9.8

 

General and administrative

 

 

35,369

 

 

34,179

 

 

1,190

 

3.5

 

Rent

 

 

22,631

 

 

21,075

 

 

1,556

 

7.4

 

Impairment of internal-use software

 

 

 —

 

 

322

 

 

(322)

 

(100.0)

 

Transaction costs

 

 

126

 

 

51

 

 

75

 

147.1

 

Total operating expenses

 

$

305,735

 

$

269,208

 

$

36,527

 

13.6

%

 

Property operating and maintenance expense increased $17.4 million, or 19.4%, primarily as a result of an increase in power expense due to increased customer consumption as a result of the commencement of new and expansion leases during the year ended December 31, 2016, that resulted in a 30.5% increase in occupied data center NRSF from 1,489,611 NRSF as of December 31, 2015, to 1,944,492 NRSF as of December 31, 2016. In addition, payroll and benefits expense also increased due to an increase in facilities and operations headcount associated with increased occupied data center NRSF.

Real estate taxes and insurance increased $2.1 million during the year ended December 31, 2016, compared to the 2015 period, primarily as a result of $2.8 million of increased tax assessments and audits at various properties partially offset by $0.7 million of tax credits from the over assessment of two properties in our Santa Clara campus.

51


 

Depreciation and amortization expense increased $13.0 million during the year ended December 31, 2016, as a result of an increase in depreciation expense from approximately 517,000 NRSF of new data center capital projects placed into service, with a cost basis of approximately $358.3 million.

Sales and marketing expenses increased by $1.6 million during the year ended December 31, 2016, primarily due to an increase in headcount and additional marketing expenses.

General and administrative expenses increased by $1.2 million during the year ended December 31, 2016, primarily due to an increase in headcount and software license fees, partially offset by a decrease in litigation fees.

Rent expense increased $1.6 million, or 7.4%, due to term extensions related to certain spaces within our LA1 lease, resulting in additional straight-line rent expense recognized during the year ended December 31, 2016, compared to the 2015 period.

During the year ended December 31, 2015, we recognized a $0.3 million impairment charge as a result of writing off the costs incurred for internal‑use software previously under development. No impairment was recognized for the year ended December 31, 2016.

Interest Expense

Interest expense increased $5.5 million during the year ended December 31, 2016, compared to the 2015 period, primarily as a result of the increase in overall debt outstanding during the year ended December 31, 2016. During the year ended December 31, 2016, we entered into a $100.0 million, variable rate, senior unsecured term loan and an aggregate principal amount of $150.0 million, 4.19%, senior unsecured notes. The total principal debt outstanding was $694.0 million and $392.3 million as of December 31, 2016, and 2015, respectively. A summary of interest expense for the years ended December 31, 2016, and 2015, is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

 

 

 

 

 

    

2016

    

2015

    

$ Change

    

% Change

 

Interest expense and fees

 

$

15,365

 

$

9,550

 

$

5,815

 

60.9

%

Amortization of deferred financing costs

 

 

1,333

 

 

1,246

 

 

87

 

7.0

 

Capitalized interest

 

 

(4,121)

 

 

(3,698)

 

 

(423)

 

(11.4)

 

Total interest expense

 

$

12,577

 

$

7,098

 

$

5,479

 

77.2

%

Percent capitalized

 

 

24.7

%  

 

34.3

%  

 

 

 

 

 

 

Liquidity and Capital Resources

Discussion of Cash Flows

Year Ended December 31, 2017, Compared to Year Ended December 31, 2016

Operating Activities

Net cash provided by operating activities was $209.4 million for the year ended December 31, 2017, compared to $170.5 million for the year ended December 31, 2016. This increase of $38.8 million, or 23%,  was primarily due to the commencement of new and expansion leases of approximately 137,000 NRSF at an average rental rate of $239 per NRSF, lease renewals of approximately 338,000 NRSF at a rent growth rate of 7.3%, partially offset by a decrease in prepaid rent from our customers.

Investing Activities

Net cash used in investing activities decreased by $190.2 million, or 52%, to $174.0 million for the year ended December 31, 2017, compared to $364.2 million for the year ended December 31, 2016. This decrease was due primarily to higher construction spend on our SV6 and SV7 properties at our Santa Clara campus and the $65.0 million acquisition of the Reston Campus Expansion during the year ended December 31, 2016, compared to construction spend on active development projects and the acquisition of the SV8 property during the year ended December 31, 2017.

 

52


 

Financing Activities

Net cash used in financing activities was $34.6 million during the year ended December 31, 2017, compared to net cash provided by financing activities of $191.3 million during the year ended December 31, 2016.

 

During the year ended December 31, 2017, we received cash proceeds from the 2022 Term Loan, as defined below, and 2024 Notes, as defined below, of $275.0 million and paid down the revolving credit facility by a net amount of $24.5 million.

 

During the year ended December 31, 2016, we received cash proceeds from the 2021 senior unsecured term loan and 2023 senior unsecured notes, of $250.0 million and drew on the revolving credit facility by a net amount of $51.8 million.

 

We paid $172.5 million in dividends and distributions on our common stock and Operating Partnership units during the year ended December 31, 2017, compared to $108.8 million during the year ended December 31, 2016, as a result of an increase in the annual dividend to $3.40 per share or unit paid during the year ended December 31, 2017, from an annual dividend of $2.12 per share and unit paid during the year ended December 31, 2016. We also paid $115.0 million to redeem all of the outstanding 4,600,000 shares of our 7.25% Series A Cumulative Redeemable Preferred Stock during the year ended December 31, 2017.

 

Year Ended December 31, 2016, Compared to Year Ended December 31, 2015

Net cash provided by operating activities was $170.5 million for the year ended December 31, 2016, compared to $142.6 million for the year ended December 31, 2015. This increase of $28.0 million, or 20%, was primarily due to growth in cash receipts from data center rental, power and interconnection services from existing customers and the commencement of new and expansion leases of approximately 443,000 NRSF at an average rental rate of $132 per NRSF and the renewal of approximately 255,000 NRSF at a rent growth rate of 7.6%.

Net cash used in investing activities increased by $236.7 million, or 186%, to $364.2 million for the year ended December 31, 2016, compared to $127.5 million for the year ended December 31, 2015. This increase was due primarily to our $65.0 million acquisition of the Reston Campus Expansion, and construction spend on our SV6 and SV7 properties at our Santa Clara campus.

Net cash provided by financing activities was $191.3 million for the year ended December 31, 2016, compared to $18.8 million used in financing activities for the year ended December 31, 2015. This $210.1 million change was primarily a result of cash proceeds from debt issuances of $250.0 million and net cash proceeds from the revolving credit facility of $51.8 million during the year ended December 31, 2016, compared to cash proceeds from debt issuances of $150.0 million and net cash payments on the revolving credit facility of $76.3 million during the year ended December 31, 2015. The increase in cash proceeds from debt instruments was partially offset by an increase of $21.4 million in dividends and distributions paid on our common stock and Operating Partnership units during the year ended December 31, 2016, as a result of an increase in the quarterly dividend from $0.42 per share or unit paid during the year ended December 31, 2015, to $0.53 per share or unit paid during the year ended December 31, 2016.

 

Analysis of Liquidity and Capital Resources

We have an effective shelf registration statement that allows us to offer for sale various unspecified classes of equity and debt securities. As circumstances warrant, we may issue debt and/or equity securities from time to time on an opportunistic basis, dependent upon market conditions and available pricing. We make no assurance that we can issue and sell such securities on acceptable terms or at all.

Our short‑term liquidity requirements primarily consist of funds needed for interest expense, operating costs including utilities, site maintenance costs, real estate and personal property taxes, insurance, rental expenses, sales and marketing and general and administrative expenses, certain capital expenditures, including for the development of data center space and future distributions to common and preferred stockholders and holders of our common Operating Partnership units during the next twelve months. On December 12, 2017, we redeemed all of the outstanding 4,600,000 shares of our outstanding 7.25% Series A Cumulative Redeemable Preferred Stock (“Series A Preferred Stock”). The Series A Preferred Stock was redeemed for $25.00 per share, plus all accrued and unpaid dividends in an amount equal

53


 

to $0.292014 per share, for a total payment of $25.292014 per share, paid with cash proceeds from our revolving credit facility.

 

As of December 31, 2017, we had $5.2 million of cash and cash equivalents. Subject to our ability to obtain capital upon favorable terms, we estimate our anticipated development activity over the next twelve months will require approximately $250 million to $300 million of capital investment to expand our operating data center portfolio.

 

Our anticipated capital investment over the next twelve months includes the remaining estimated capital required to fund our current expansion projects under construction as of December 31, 2017, shown in the table below, as well as the commencement of the first phases of development at SV8 and LA3, and the purchase of the two-acre CH2 land parcel on January 29, 2018.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Costs

 

 

 

 

 

Metropolitan

 

Estimated

 

 

 

Incurred to-

 

Estimated

 

Per

 

Percent

 

Projects/Facilities

    

Market

    

Completion

    

NRSF

    

Date

    

Total

    

NRSF

    

Leased

 

TKD(1)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

LA2(2)

 

Los Angeles

 

Q1 2018

 

47,338

 

$

43,647

 

$

45,200

 

$

955

 

78.6

%

LA2

 

Los Angeles

 

Q1 2018

 

39,925

 

 

6,232

 

 

15,000

 

 

376

 

 -

 

VA3 Phase 1A

 

Northern Virginia

 

Q1/Q2 2018

 

24,922

 

 

16,523

 

 

22,300

 

 

895

 

 -

 

DC2

 

Northern Virginia

 

Q3 2018

 

24,563

 

 

4,405

 

 

17,400

 

 

708

 

 -

 

DE1

 

Denver

 

Q3 2018

 

15,630

 

 

127

 

 

7,500

 

 

480

 

 -

 

NY2

 

New York

 

Q3 2018

 

18,121

 

 

169

 

 

6,000

 

 

331

 

 -

 

VA3 Phase 1B(2)

 

Northern Virginia

 

Q4 2018

 

49,837

 

 

27,445

 

 

100,200

 

 

2,011

 

 -

 

Total TKD

 

 

 

 

 

220,336

 

$

98,548

 

$

213,600

 

 

 

 

16.9

%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Deferred Expansion Capital

 

 

 

 

 

 —

 

 

11,669

 

 

16,000

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total

 

 

 

 

 

220,336

 

$

110,217

 

$

229,600

 

 

 

 

 

 

 


(1)

Turn‑Key Data Center (“TKD”) estimated development costs includes two components: (1) general construction to ready the NRSF as data center space and (2) power, cooling and other infrastructure to provide the designed amount of power capacity for the project. Following development completion, incremental capital, referred to as Deferred Expansion Capital, may be invested to support existing or anticipated future customer utilization of NRSF within our operating data centers.

(2)

Includes a portion of the cost of infrastructure to support later phases of the development.

We expect to meet our short-term liquidity requirements, including our anticipated development activity over the next twelve months, through net cash on hand, cash provided by operations and we expect to add incremental debt financing in 2018 to increase liquidity and continue to term out some of the debt drawn on our credit facility. Timing, pricing, and the type of debt is dependent on market conditions and we have targeted a total issuance amount of approximately $225 million - $300 million.

 

On February 2, 2016, our Operating Partnership and certain subsidiary co-borrowers entered into a first amendment to the third amended and restated credit agreement ( the “Credit Agreement”), which provides a total commitment of $600.0 million, including a $350.0 million revolving credit facility and $250.0 million of term loans. The total amount available for borrowing under our revolving credit facility is equal to the lesser of $350.0 million or the availability calculated on our unencumbered asset pool. As of December 31, 2017, there was $169.5 million of borrowings outstanding and $4.9 million outstanding under letters of credit. Therefore, $175.6 million remained available for us to borrow under our revolving credit facility. Our Credit Agreement contains an accordion feature which allows our Operating Partnership to increase the total commitment by $200.0 million under specified circumstances, including securing capital from new or existing lenders. Our indebtedness maturity schedule is summarized below.

On April 19, 2017, our Operating Partnership and certain subsidiaries amended and restated our $100 million senior unsecured term loan entered into in January 2014 to (i) exercise the accordion feature to increase the total commitments to $200 million and (ii) extend the maturity of the facility from January 31, 2019, to April 19, 2022 (the “2022 Term Loan”). Additionally, on April 20, 2017, our Operating Partnership issued an aggregate principal amount of $175 million, 3.91% senior unsecured notes due April 20, 2024 (the “2024 Notes”) in a private placement to certain accredited investors. The proceeds from these two transactions were used to pay down the revolving credit facility and

54


 

increase our short-term liquidity. Refer to Item 8. Financial Statements — Note 8 — Debt for additional information.

 

Our long‑term liquidity requirements primarily consist of the costs to fund the Reston Campus Expansion, the SV8, LA3, and CH2 developments, Deferred Expansion Capital, additional phases of our current projects under construction, future development of other space in our portfolio not currently scheduled, property acquisitions, future distributions to common stockholders and holders of our common Operating Partnership units, scheduled debt maturities, and other capital expenditures. We expect to meet our long‑term liquidity requirements through net cash provided by operations, after payment of dividends, and by incurring long‑term indebtedness, such as drawing on our revolving credit facility, exercising our senior unsecured term loan accordion features or entering into new debt agreements with our bank group or existing and new accredited investors. We also may raise capital in the future through the issuance of additional equity or debt securities, subject to prevailing market conditions, and/or through the issuance of common Operating Partnership units. However, there is no assurance that we will be able to successfully raise additional capital on acceptable terms or at all.

Inflation

Substantially all of our leases contain annual rent increases and our leases have an average lease term of three to four years. As a result, we believe that we are largely insulated from the effects of inflation. However, any increases in the costs of development of our data center properties will generally result in increased cash requirements to develop our data center properties and increased depreciation expense in future periods, and, in some circumstances, we may not be able to directly pass along the increase in these development costs to our customers in the form of higher rents.

Indebtedness

 

A summary of outstanding indebtedness as of December 31, 2017, and 2016, is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity

 

December 31,

 

December 31,

 

 

 

Interest Rate

 

Date

 

2017

 

2016

 

Revolving credit facility

    

3.11% and 2.32% at December 31, 2017, and December 31, 2016, respectively

    

June 24, 2019

    

$

169,500

    

$

194,000

 

2020 Senior unsecured term loan

 

3.00% and 2.60% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2020

 

 

150,000

 

 

150,000

 

2021 Senior unsecured term loan

 

3.06% and 2.27% at December 31, 2017, and December 31, 2016, respectively

 

February 2, 2021

 

 

100,000

 

 

100,000

 

2022 Senior unsecured term loan

 

3.04% and 3.23% at December 31, 2017, and December 31, 2016, respectively

 

April 19, 2022

 

 

200,000

 

 

100,000

 

2023 Senior unsecured notes

 

4.19% at December 31, 2017, and December 31, 2016, respectively

 

June 15, 2023

 

 

150,000

 

 

150,000

 

2024 Senior unsecured notes

 

3.91% at December 31, 2017

 

April 20, 2024

 

 

175,000

 

 

 —

 

Total principal outstanding

 

 

 

 

 

 

944,500

 

 

694,000

 

Unamortized deferred financing costs

 

 

 

 

 

 

(4,930)

 

 

(3,550)

 

Total debt

 

 

 

 

 

$

939,570

 

$

690,450

 

 

As of December 31, 2017, we were in compliance with the financial covenants under our revolving credit facility, senior unsecured term loans and senior unsecured notes. For additional information with respect to our outstanding indebtedness as of December 31, 2017, and 2016, as well as the available borrowing capacity under our existing revolving credit facility, debt covenant requirements, and future debt maturities, refer to Item 8—Note 8—Debt in “Financial Statements and Supplementary Data” included in this Annual Report.

55


 

Contractual Obligations

The following table summarizes our contractual obligations as of December 31, 2017, including the maturities and scheduled principal repayments of indebtedness (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Obligation

  

2018

  

2019

  

2020

  

2021

  

2022

  

Thereafter

  

Total

 

Operating leases

 

$

21,264

 

$

22,491

 

$

22,928

 

$

22,676

 

$

15,550

 

$

11,874

 

$

116,783

 

Revolving credit facility(1)

 

 

5,279

 

 

172,051

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

177,330

 

Senior unsecured term loans (2)

 

 

13,640

 

 

13,684

 

 

161,366

 

 

106,402

 

 

201,856

 

 

 —

 

 

496,947

 

Senior unsecured notes (3)

 

 

13,128

 

 

13,128

 

 

13,128

 

 

13,128

 

 

13,128

 

 

336,814

 

 

402,451

 

Construction contracts (4)

 

 

113,030

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

113,030

 

Other (5)

 

 

6,996

 

 

9,142

 

 

6,262

 

 

6,267

 

 

6,271

 

 

68,727

 

 

103,665

 

Total

 

$

173,336

 

$

230,496

 

$

203,683

 

$

148,473

 

$

236,804

 

$

417,415

 

$

1,410,207

 


(1)

Includes $169.5 million outstanding and estimated annual interest payments assuming no draws or payments on the revolving credit facility through the maturity date of June 24, 2019. The revolving credit facility is subject to variable rates. We estimated interest payments on the revolving credit facility based on the interest rate as of December 31, 2017.

(2)

Includes $150 million, $100 million, and $200 million outstanding and estimated annual interest payments through the respective maturity dates for the 2020, 2021, and 2022 senior unsecured loans, respectively. We estimated interest payments based on our in place interest rate swap agreements and the variable interest rates as of December 31, 2017.

(3)

Includes $150.0 million outstanding and estimated annual interest payments, fixed at 4.19%, through the maturity date of June 15, 2023, and $175 million outstanding and estimated annual interest payments, fixed at 3.91%, through the maturity date of April 20, 2024.

(4)

Consists of obligations for construction contracts for properties under construction, tenant related capital expenditures, and other capital improvements.

(5)

Consists of obligations for power contracts and telecommunications leases.

Off‑Balance Sheet Arrangements

As of December 31, 2017, the Company did not have any off‑balance sheet arrangements.

Critical Accounting Policies

Our discussion and analysis of our financial condition and results of operations are based upon our consolidated financial statements, which have been prepared in accordance with GAAP. The preparation of these consolidated financial statements in conformity with GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and the reported amount of revenues and expenses during the reporting period. Our actual results may differ from these estimates. We have provided a summary of our significant accounting policies in Note 2 “Summary of Significant Accounting Policies” in Item 8 “Financial Statements and Supplementary Data” of this Annual Report. We describe below those accounting policies that require material subjective or complex judgments and that have the most significant impact on our financial condition and results of operations. Our management evaluates these estimates on an ongoing basis, based upon information currently available and on various assumptions management believes are reasonable as of the date hereof.

Acquisition of Investment in Real Estate.  When accounting for business combinations and asset acquisitions, we are required to make subjective assessments to allocate the purchase price paid to the acquired tangible assets, consisting primarily of land, building and improvements, and identified intangible assets and liabilities, consisting of the value of above‑market and below‑market leases, value of in-place leases and the value of customer relationships. These allocation assessments involve significant judgment and complex calculations and have a direct impact on our results of operations.

56


 

Capitalization of Costs.  Capitalized lease commissions consist of commissions paid to third party leasing agents and internal sales commissions paid to employees for the successful execution of lease agreements. We also capitalize a portion of internal sales employees’ compensation and payroll‑related fringe benefits that directly relate to time spent executing successful lease agreements. During the years ended December 31, 2017, 2016, and 2015, we capitalized $9.7 million, $10.6, million, and $11.9 million, respectively, of internal sales commissions, salaries, and payroll‑related fringe benefits.

Upon adoption of Accounting Standards Codification (“ASC”) Topic 842, Leases, a narrower definition of initial direct costs that can be capitalized will be applied. The new standard defines initial direct costs as only the incremental costs of signing a lease. Internal sales employees’ compensation, payroll-related fringe benefits and certain external legal fees related to the execution of successful lease agreements will not meet the definition of initial direct costs under the new standard and will be accounted for as a sales and marketing expense in the consolidated statements of operations upon adoption of ASC Topic 842. On a prospective basis, we estimate that the sales and marketing expense in our consolidated statement of operations will increase by approximately $1.4 million for the year ending December 31, 2018, as a result of the narrower definition of initial direct costs.

Direct and indirect costs that are clearly associated with the development of properties are capitalized as incurred. During the land development and construction periods, we capitalize construction costs, legal fees, financing costs (including interest), real estate taxes and insurance and internal costs of personnel performing development, if such costs are incremental and identifiable to a specific development project. We cease cost capitalization on development space once the space is ready for its intended use and held available for occupancy. Indirect costs that do not clearly relate to the projects under development are not capitalized and are charged to expense as incurred. Indirect costs capitalized for the years ended December 31, 2017, 2016, and 2015, are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

    

2017

    

2016

    

2015

Interest

 

$

3,282

 

$

4,121

 

$

3,698

Real estate taxes and insurance

 

 

708

 

 

1,614

 

 

1,166

Employee salaries and benefits

 

 

3,618

 

 

3,336

 

 

1,458

Capitalized indirect development costs

 

$

7,608

 

$

9,071

 

$

6,322

Recoverability of Long‑Lived Assets.  We review the carrying value of our properties for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized when estimated expected future cash flows (undiscounted and without interest charges) from an asset are less than the carrying amount of the asset. The estimation of expected future net cash flows is inherently uncertain and relies to a considerable extent on assumptions regarding current and future economic and market conditions and the availability of capital. If, in future periods, there are changes in the estimates or assumptions incorporated into an impairment review analysis, these changes could result in an adjustment to the carrying amount of our long‑lived assets. To the extent that impairment has occurred, the excess of the carrying amount of the property over its estimated fair value would be charged against net income. No such impairment losses have been recognized to date.

Revenue Recognition.  Our customer arrangements contain lease and nonlease elements. Consideration called for by the arrangement is separated at the inception of the arrangement into the lease and nonlease elements based on the relative fair value of each element. For the lease elements, rental revenue is recognized on a straight‑line basis over the customer’s lease term.  The excess of rents recognized over amounts contractually due pursuant to the underlying leases is recorded as deferred rent receivable within our consolidated balance sheets.

 

Nonlease elements include power and interconnection services. Power revenue is recognized each month as power services are delivered to and utilized by our customers. Power services may include non‑recurring customer set‑up charges and installation fees that are initially deferred and recognized over the expected performance period. Interconnection services are contracted on a month-to-month basis and revenue is recognized each month as these services are delivered to and utilized by our customers.

 

Some of our data center leases contain provisions under which our customers reimburse us for a portion of real estate taxes, insurance, common area maintenance, and other recoverable costs.  Such customer reimbursements are recognized in the period that the expenses are recognized.

 

57


 

We must make subjective estimates as to when our revenue is earned and the collectability of our accounts receivable related to rent, deferred rent, expense reimbursements and other revenue. We analyze individual accounts receivable and historical bad debts, customer concentrations, customer creditworthiness and current economic trends when evaluating the adequacy of the allowance for bad debts. These estimates have a direct impact on our net income because a higher bad debt allowance for a particular period would result in lower net income in that period and recognizing rental revenue as earned in one period versus a different period.

ITEM 7A.  QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK

Market risk refers to the risk of loss from adverse changes in market prices and interest rates. The primary market risk to which we believe we are exposed is interest rate risk. Our future income, cash flows and fair values relevant to financial instruments are dependent upon prevalent market interest rates. Many factors, including governmental monetary and tax policies, domestic and international economic and political considerations and other factors that are beyond our control contribute to interest rate risk.

As of December 31, 2017, we had $619.5 million of consolidated principal debt outstanding that bore variable interest based on one month LIBOR. As of December 31, 2017, we have two interest rate swap agreements in place to fix the interest rate on $125.0 million of our one month LIBOR variable rate debt. Our interest rate risk not covered by an interest rate swap agreement is $494.5 million of variable rate debt outstanding as of December 31, 2017.

We monitor our market interest rate risk exposures using a sensitivity analysis. Our sensitivity analysis estimates the exposure to market interest rate risk sensitive instruments assuming a hypothetical 1% change in interest rates on our $494.5 million unhedged variable rate debt. If interest rates were to increase or decrease by 1%, the corresponding increase or decrease, as applicable, in interest expense on our variable rate debt would increase or decrease, as applicable, future earnings and cash flows by approximately $4.9 million per year.

These analyses do not consider the effect of any change in overall economic activity that could impact interest rates. Further, in the event of an increase in interest rates of significant magnitude, we may take actions to further mitigate our exposure to the change. However, due to the uncertainty of the specific actions that would be taken and their possible effects, these analyses assume no changes in our financial structure.

58


 

ITEM 8.  FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

INDEX TO THE CONSOLIDATED FINANCIAL STATEMENTS

Consolidated Financial Statements of CoreSite Realty Corporation

 

 

 

 

59


 

Report of Independent Registered Public Accounting Firm

 

To the Stockholders and Board of Directors
CoreSite Realty Corporation:

 

Opinions on the Consolidated Financial Statements and Internal Control Over Financial Reporting

 

We have audited the accompanying consolidated balance sheets of CoreSite Realty Corporation and subsidiaries (the Company) as of December 31, 2017 and 2016, the related consolidated statements of operations, comprehensive income, equity, and cash flows for each of the years in the three-year period ended December 31, 2017, and the related notes, and the financial statement schedule, Schedule III  - Real Estate and Accumulated Depreciation (collectively, the “consolidated financial statements”). We also have audited the Company's internal control over financial reporting as of December 31, 2017, based on criteria established in Internal Control  - Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

 

In our opinion, the consolidated financial statements referred to above present fairly, in all material respects, the financial position of the Company as of December 31, 2017 and 2016, and the results of its operations and its cash flows for each of the years in the three-year period ended December 31, 2017, in conformity with U.S. generally accepted accounting principles. Also in our opinion, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2017, based on criteria established in Internal Control – Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission.

 

Basis for Opinion

 

The Company’s management is responsible for these consolidated financial statements, for maintaining effective internal control over financial reporting, and for its assessment of the effectiveness of internal control over financial reporting, included in the accompanying Management’s Annual Report on Internal Control over Financial Reporting. Our responsibility is to express an opinion on the Company’s consolidated financial statements and an opinion on the Company’s internal control over financial reporting based on our audits. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (“PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB.

 

We conducted our audits in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audits to obtain reasonable assurance about whether the consolidated financial statements are free of material misstatement, whether due to error or fraud, and whether effective internal control over financial reporting was maintained in all material respects.

 

Our audits of the consolidated financial statements included performing procedures to assess the risks of material misstatement of the consolidated financial statements, whether due to error or fraud, and performing procedures that respond to those risks. Such procedures included examining, on a test basis, evidence regarding the amounts and disclosures in the consolidated financial statements. Our audits also included evaluating the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the consolidated financial statements. Our audit of internal control over financial reporting included obtaining an understanding of internal control over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk. Our audits also included performing such other procedures as we considered necessary in the circumstances. We believe that our audits provide a reasonable basis for our opinions.

 

Definition and Limitations of Internal Control Over Financial Reporting

 

A company’s internal control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles. A company’s internal control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide reasonable assurance that transactions are recorded as necessary to

60


 

permit preparation of financial statements in accordance with generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorizations of management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company’s assets that could have a material effect on the financial statements.

 

Because of its inherent limitations, internal control over financial reporting may not prevent or detect misstatements. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate.

 

 

/s/ KPMG LLP

 

We have served as the Company’s auditor since 2009.

 

Denver, Colorado
February 9, 2018

 

61


 

                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            CORESITE REALTY CORPORATION

CONSOLIDATED BALANCE SHEETS

(in thousands except share and per share data)

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

ASSETS

 

 

 

 

 

 

 

Investments in real estate:

 

 

 

 

 

 

 

Land

 

$

97,258

 

$

100,258

 

Buildings and improvements

 

 

1,561,056

 

 

1,472,580

 

 

 

 

1,658,314

 

 

1,572,838

 

Less: Accumulated depreciation and amortization

 

 

(473,141)

 

 

(369,303)

 

Net investment in operating properties

 

 

1,185,173

 

 

1,203,535

 

Construction in progress

 

 

162,903

 

 

70,738

 

Net investments in real estate

 

 

1,348,076

 

 

1,274,273

 

Cash and cash equivalents

 

 

5,247

 

 

4,429

 

Accounts and other receivables, net of allowance for doubtful accounts of $1,094 and $209 as of December 31, 2017, and December 31, 2016, respectively

 

 

28,875

 

 

25,125

 

Lease intangibles, net of accumulated amortization of $8,585 and $12,385 as of December 31, 2017, and December 31, 2016, respectively

 

 

6,314

 

 

9,913

 

Goodwill

 

 

40,646

 

 

41,191

 

Other assets, net

 

 

103,501

 

 

96,372

 

Total assets

 

$

1,532,659

 

$

1,451,303

 

 

 

 

 

 

 

 

 

LIABILITIES AND EQUITY

 

 

 

 

 

 

 

Liabilities:

 

 

 

 

 

 

 

Debt, net of unamortized deferred financing costs of $4,930 and $3,550 as of December 31, 2017, and December 31, 2016, respectively

 

$

939,570

 

$

690,450

 

Accounts payable and accrued expenses

 

 

77,170

 

 

72,519

 

Accrued dividends and distributions

 

 

48,976

 

 

41,849

 

Deferred rent payable

 

 

9,928

 

 

7,694

 

Acquired below-market lease contracts, net of accumulated amortization of $5,608 and $5,439 as of December 31, 2017, and December 31, 2016, respectively

 

 

3,504

 

 

4,292

 

Unearned revenue, prepaid rent and other liabilities

 

 

34,867

 

 

37,413

 

Total liabilities

 

 

1,114,015

 

 

854,217

 

Stockholders' equity:

 

 

 

 

 

 

 

Series A Cumulative Preferred Stock 7.25%, $115,000 liquidation preference ($25.00 per share, $0.01 par value), 20,000,000 shares authorized and zero and 4,600,000 shares issued and outstanding as of December 31, 2017, and December 31, 2016, respectively

 

 

 —

 

 

115,000

 

Common Stock, par value $0.01, 100,000,000 shares authorized and 34,240,815 and 33,896,771 shares issued and outstanding at December 31, 2017, and December 31, 2016, respectively

 

 

338

 

 

334

 

Additional paid-in capital

 

 

457,495

 

 

438,531

 

Accumulated other comprehensive income (loss)

 

 

753

 

 

(101)

 

Distributions in excess of net income

 

 

(177,566)

 

 

(118,038)

 

Total stockholders' equity

 

 

281,020

 

 

435,726

 

Noncontrolling interests

 

 

137,624

 

 

161,360

 

Total equity

 

 

418,644

 

 

597,086

 

Total liabilities and equity

 

$

1,532,659

 

$

1,451,303

 

See accompanying notes to consolidated financial statements.

62


 

CORESITE REALTY CORPORATION

CONSOLIDATED STATEMENTS OF OPERATIONS

(in thousands except share and per share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

    

2017

    

2016

    

2015

    

Operating revenues:

 

 

 

 

 

 

 

 

 

 

Data center revenue:

 

 

 

 

 

 

 

 

 

 

Rental revenue

 

$

264,134

 

$

218,060

 

$

183,300

 

Power revenue

 

 

134,909

 

 

111,541

 

 

89,495

 

Interconnection revenue

 

 

62,293

 

 

53,077

 

 

44,234

 

Tenant reimbursement and other

 

 

8,637

 

 

9,086

 

 

8,295

 

Office, light-industrial and other revenue

 

 

11,848

 

 

8,588

 

 

7,968

 

Total operating revenues

 

 

481,821

 

 

400,352

 

 

333,292

 

Operating expenses:

 

 

 

 

 

 

 

 

 

 

Property operating and maintenance

 

 

132,820

 

 

107,212

 

 

89,805

 

Real estate taxes and insurance

 

 

14,913

 

 

14,250

 

 

12,144

 

Depreciation and amortization

 

 

129,251

 

 

108,652

 

 

95,702

 

Sales and marketing

 

 

18,176

 

 

17,495

 

 

15,930

 

General and administrative

 

 

37,548

 

 

35,369

 

 

34,179

 

Rent 

 

 

24,125

 

 

22,631

 

 

21,075

 

Impairment of internal-use software

 

 

 —

 

 

 —

 

 

322

 

Transaction costs

 

 

176

 

 

126

 

 

51

 

Total operating expenses

 

 

357,009

 

 

305,735

 

 

269,208

 

Operating income

 

 

124,812

 

 

94,617

 

 

64,084

 

Gain on real estate disposal

 

 

 —

 

 

 —

 

 

36

 

Interest expense

 

 

(24,147)

 

 

(12,577)

 

 

(7,098)

 

Income before income taxes

 

 

100,665

 

 

82,040

 

 

57,022

 

Income tax expense

 

 

(174)

 

 

(119)

 

 

(163)

 

Net income

 

$

100,491

 

$

81,921

 

$

56,859

 

Net income attributable to noncontrolling interests

 

 

25,636

 

 

23,212

 

 

22,153

 

Net income attributable to CoreSite Realty Corporation

 

$

74,855

 

$

58,709

 

$

34,706

 

Preferred stock dividends

 

 

(7,924)

 

 

(8,338)

 

 

(8,338)

 

Original issuance costs associated with redeemed preferred stock

 

 

(4,326)

 

 

 —

 

 

 —

 

Net income attributable to common shares

 

$

62,605

 

$

50,371

 

$

26,368

 

Net income per share attributable to common shares:

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.85

 

$

1.56

 

$

1.05

 

Diluted

 

$

1.84

 

$

1.54

 

$

1.03

 

Weighted average common shares outstanding

 

 

 

 

 

 

 

 

 

 

Basic

 

 

33,792,759

 

 

32,289,414

 

 

25,218,500

 

Diluted

 

 

34,058,949

 

 

32,732,059

 

 

25,706,568

 

See accompanying notes to consolidated financial statements.

63


 

CORESITE REALTY CORPORATION

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

  

2017

 

2016

    

2015

 

Net income

 

$

100,491

 

$

81,921

 

$

56,859

 

Other comprehensive income (loss):

 

 

 

 

 

 

 

 

 

 

Unrealized gain (loss) on derivative contracts

 

 

580

 

 

(1,112)

 

 

(2,426)

 

Reclassification of other comprehensive income to interest expense

 

 

623

 

 

1,740

 

 

1,930

 

Comprehensive income

 

 

101,694

 

 

82,549

 

 

56,363

 

Comprehensive income attributable to noncontrolling interests

 

 

25,985

 

 

23,242

 

 

21,724

 

Comprehensive income attributable to CoreSite Realty Corporation

 

$

75,709

 

$

59,307

 

$

34,639

 

See accompanying notes to consolidated financial statements.

 

 

64


 

CORESITE REALTY CORPORATION

CONSOLIDATED STATEMENTS OF EQUITY

(in thousands except share data)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

   

 

 

   

 

 

 

 

   

 

 

   

Accumulated

   

 

 

   

 

 

   

 

 

   

 

 

   

 

   

 

 

   

 

 

 

 

   

Additional

   

Other

   

Distributions

   

Total

   

 

   

 

 

   

 

   

Preferred

   

Common Shares

   

Paid-in

   

Comprehensive

   

in Excess of

   

Stockholders'

   

Noncontrolling

   

Total

   

 

   

Stock

   

Number

    

Amount

   

Capital

   

Income (Loss)

   

Net Income

   

Equity

   

Interests

   

Equity

   

Balance at January 1, 2015

 

$

115,000

 

21,757,366

 

$

212

 

$

275,038

 

$

(125)

 

$

(67,538)

 

$

322,587

 

$

335,754

 

$

658,341

 

Redemption of noncontrolling interests

 

 

 —

 

8,500,000

 

 

85

 

 

110,396

 

 

(301)

 

 

 —

 

 

110,180

 

 

(110,180)

 

 

 —

 

Issuance of stock awards, net of forfeitures

 

 

 —

 

207,937

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Exercise of stock options, net of settlements

 

 

 —

 

185,400

 

 

 3

 

 

(2,866)

 

 

 —

 

 

 —

 

 

(2,863)

 

 

 —

 

 

(2,863)

 

Share-based compensation

 

 

 —

 

 —

 

 

 1

 

 

7,632

 

 

 —

 

 

 —

 

 

7,633

 

 

 —

 

 

7,633

 

Dividends declared on preferred stock

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(8,338)

 

 

(8,338)

 

 

 —

 

 

(8,338)

 

Dividends and distributions

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(47,721)

 

 

(47,721)

 

 

(37,110)

 

 

(84,831)

 

Net income

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

34,706

 

 

34,706

 

 

22,153

 

 

56,859

 

Other comprehensive loss

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

(67)

 

 

 —

 

 

(67)

 

 

(429)

 

 

(496)

 

Balance at December 31, 2015

   

$

115,000

   

30,650,703

 

$

301

   

$

390,200

   

$

(493)

   

$

(88,891)

   

$

416,117

   

$

210,188

   

$

626,305

   

Redemption of noncontrolling interests

 

 

 —

 

3,007,000

 

 

30

 

 

37,550

 

 

(206)

 

 

 —

 

 

37,374

 

 

(37,374)

 

 

 —

 

Issuance of stock awards, net of forfeitures

 

 

 —

 

164,408

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Exercise of stock options

 

 

 —

 

74,660

 

 

 1

 

 

1,289

 

 

 —

 

 

 —

 

 

1,290

 

 

 —

 

 

1,290

 

Share-based compensation

 

 

 —

 

 —

 

 

 2

 

 

9,492

 

 

 —

 

 

 —

 

 

9,494

 

 

 —

 

 

9,494

 

Dividends declared on preferred stock

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(8,338)

 

 

(8,338)

 

 

 —

 

 

(8,338)

 

Dividends and distributions

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(79,518)

 

 

(79,518)

 

 

(34,696)

 

 

(114,214)

 

Net income

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

58,709

 

 

58,709

 

 

23,212

 

 

81,921

 

Other comprehensive income

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

598

 

 

 —

 

 

598

 

 

30

 

 

628

 

Balance at December 31, 2016

 

$

115,000

 

33,896,771

 

$

334

 

$

438,531

 

$

(101)

 

$

(118,038)

 

$

435,726

 

$

161,360

 

$

597,086

 

Redemption of noncontrolling interests

 

 

 —

 

15,011

 

 

 —

 

 

167

 

 

 —

 

 

 —

 

 

167

 

 

(167)

 

 

 —

 

Redemption of preferred stock

 

 

(115,000)

 

 —

 

 

 —

 

 

4,326

 

 

 —

 

 

(4,326)

 

 

(115,000)

 

 

 —

 

 

(115,000)

 

Issuance of stock awards, net of forfeitures

 

 

 —

 

131,272

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

 —

 

Exercise of stock options

 

 

 —

 

197,761

 

 

 2

 

 

4,818

 

 

 —

 

 

 —

 

 

4,820

 

 

 —

 

 

4,820

 

Share-based compensation

 

 

 —

 

 —

 

 

 2

 

 

9,653

 

 

 —

 

 

 —

 

 

9,655

 

 

 —

 

 

9,655

 

Dividends declared on preferred stock

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(7,924)

 

 

(7,924)

 

 

 —

 

 

(7,924)

 

Dividends and distributions

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

(122,133)

 

 

(122,133)

 

 

(49,554)

 

 

(171,687)

 

Net income

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

 —

 

 

74,855

 

 

74,855

 

 

25,636

 

 

100,491

 

Other comprehensive income

 

 

 —

 

 —

 

 

 —

 

 

 —

 

 

854

 

 

 —

 

 

854

 

 

349

 

 

1,203

 

Balance at December 31, 2017

 

$

 —

 

34,240,815

 

$

338

 

$

457,495

 

$

753

 

$

(177,566)

 

$

281,020

 

$

137,624

 

$

418,644

 

See accompanying notes to consolidated financial statements.

 

 

65


 

CORESITE REALTY CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

  

2017

  

2016

  

2015

 

CASH FLOWS FROM OPERATING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

Net income

 

$

100,491

 

$

81,921

 

$

56,859

 

Adjustments to reconcile net income to net cash provided by operating activities:

 

 

 

 

 

 

 

 

 

 

Depreciation and amortization

 

 

129,251

 

 

108,652

 

 

95,702

 

Amortization of above/below market leases

 

 

(598)

 

 

(541)

 

 

(520)

 

Amortization of deferred financing costs

 

 

1,676

 

 

1,333

 

 

1,246

 

Gain on real estate disposal

 

 

 —

 

 

 —

 

 

(36)

 

Share-based compensation

 

 

8,946

 

 

8,892

 

 

7,114

 

Bad debt expense

 

 

1,338

 

 

398

 

 

201

 

Changes in operating assets and liabilities:

 

 

 

 

 

 

 

 

 

 

Accounts receivable

 

 

(5,087)

 

 

(13,199)

 

 

(2,146)

 

Deferred rent receivable

 

 

(3,645)

 

 

(7,083)

 

 

(7,799)

 

Deferred leasing costs

 

 

(13,315)

 

 

(14,395)

 

 

(17,555)

 

Other assets

 

 

(10,924)

 

 

(8,819)

 

 

(5,535)

 

Accounts payable and accrued expenses

 

 

1,224

 

 

4,910

 

 

6,532

 

Unearned revenue, prepaid rent and other liabilities

 

 

(2,235)

 

 

8,696

 

 

9,561

 

Deferred rent payable

 

 

2,234

 

 

(240)

 

 

(1,051)

 

Net cash provided by operating activities

 

 

209,356

 

 

170,525

 

 

142,573

 

CASH FLOWS FROM INVESTING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

Tenant improvements

 

 

(7,850)

 

 

(5,878)

 

 

(7,736)

 

Real estate improvements

 

 

(153,956)

 

 

(293,359)

 

 

(122,196)

 

Acquisition of SV8 land

 

 

(12,158)

 

 

 —

 

 

 —

 

Acquisition of Reston Campus Expansion

 

 

 —

 

 

(64,965)

 

 

 —

 

Proceeds from real estate disposal

 

 

 —

 

 

 —

 

 

2,399

 

Net cash used in investing activities

 

 

(173,964)

 

 

(364,202)

 

 

(127,533)

 

CASH FLOWS FROM FINANCING ACTIVITIES

 

 

 

 

 

 

 

 

 

 

Proceeds from exercise of stock options

 

 

4,820

 

 

1,290

 

 

1,393

 

Proceeds from revolving credit facility

 

 

274,000

 

 

299,500

 

 

87,000

 

Payments on revolving credit facility

 

 

(298,500)

 

 

(247,750)

 

 

(163,250)

 

Proceeds from unsecured debt

 

 

275,000

 

 

250,000

 

 

150,000

 

Payments of loan fees and costs

 

 

(2,410)

 

 

(2,981)

 

 

(2,315)

 

Payments to net settle equity awards

 

 

 —

 

 

 —

 

 

(4,256)

 

Redemption of preferred stock

 

 

(115,000)

 

 

 —

 

 

 —

 

Dividends and distributions

 

 

(172,484)

 

 

(108,807)

 

 

(87,420)

 

Net cash provided by (used in) financing activities

 

 

(34,574)

 

 

191,252

 

 

(18,848)

 

Net change in cash and cash equivalents

 

 

818

 

 

(2,425)

 

 

(3,808)

 

Cash and cash equivalents, beginning of year

 

 

4,429

 

 

6,854

 

 

10,662

 

Cash and cash equivalents, end of year

 

$

5,247

 

$

4,429

 

$

6,854

 

SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION

 

 

 

 

 

 

 

 

 

 

Cash paid for interest, net of capitalized amounts

 

$

22,252

 

$

11,528

 

$

6,219

 

NON-CASH INVESTING AND FINANCING ACTIVITY

 

 

 

 

 

 

 

 

 

 

Construction costs payable capitalized to real estate

 

$

32,228

 

$

28,805

 

$

37,033

 

Accrual of dividends and distributions

 

$

48,976

 

$

41,849

 

$

28,104

 

See accompanying notes to consolidated financial statements.

66


 

 CORESITE REALTY CORPORATION

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

1. Organization and Description of Business

CoreSite Realty Corporation (the “Company,” “we,” “us,” or “our”) was organized in the state of Maryland on February 17, 2010 and is a fully integrated, self-administered, and self-managed real estate investment trust (“REIT”). Through our controlling interest in CoreSite, L.P. (our “Operating Partnership”), we are engaged in the business of owning, acquiring, constructing and operating data centers. As of December 31, 2017, the Company owns a 71.0% common interest in our Operating Partnership, and affiliates of The Carlyle Group and others own a 29.0% interest in our Operating Partnership. See additional discussion in Note 11, Noncontrolling Interests – Operating Partnership.

Information with respect to square footage and acres of land is unaudited.

 

2. Summary of Significant Accounting Policies

Principles of Consolidation and Basis of Presentation

The accompanying consolidated financial statements have been prepared by our management in accordance with U.S. generally accepted accounting principles (“GAAP”) and in compliance with the rules and regulations of the U.S. Securities and Exchange Commission. In the opinion of our management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included.

Our Operating Partnership meets the definition and criteria of a variable interest entity (“VIE”) and we are the primary beneficiary of the VIE. Our sole significant asset is the investment in our Operating Partnership, and consequently, substantially all of our assets and liabilities represent those assets and liabilities of our Operating Partnership. Our debt is an obligation of our Operating Partnership where the creditors also have recourse against the credit of the Company. Intercompany balances and transactions have been eliminated upon consolidation.

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance codified in Accounting Standards Codification (“ASC”) Topic 606, Revenue Recognition — Revenue from Contracts with Customers, which amends the guidance in former ASC Topic 605, Revenue Recognition. The standard establishes a five-step model framework which recognizes revenue as an entity transfers control of goods or services to the customer and requires enhanced disclosures. This standard does not apply to leases, which will be accounted for under ASC Topic 842, Leases. The revenue standard is effective for interim and annual reporting periods beginning after December 15, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. As ASC Topic 606 does not impact lessor accounting, this standard will not significantly impact our accounting for rental revenue. In addition, there is not a significant impact to our accounting for nonlease components, including power, interconnection, and tenant reimbursement and other revenue. We adopted ASC Topic 606 on January 1, 2018, and will use the cumulative effect transition method.

 

In February 2016, the FASB issued guidance codified in ASC Topic 842, Leases, which amends the guidance in former ASC Topic 840, Leases. We are party to leases as both a lessor and lessee. The main principle of ASC 842 requires lessees to recognize the assets and liabilities that arise from nearly all leases on the consolidated balance sheet. Lessor accounting remains mainly consistent with current guidance, with the majority of changes allowing for better alignment with the new lessee model and ASC Topic 606. The standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The standard requires a modified retrospective transition approach. We adopted ASC Topic 842 effective January 1, 2018, which would result in a transition date of January 1, 2016. The FASB has issued a Proposed Accounting Standards Update, Leases – Targeted Improvements, which proposes updates to the lease standard and would allow us to apply the new lease standard as of our January 1, 2018, adoption date and remove the requirement for us to restate our prior period financial statements upon adoption. If the proposed accounting standards update is issued in final form, we will apply the transition relief under the new lease standard as of January 1, 2018.

67


 

 

We are currently evaluating other impacts of the FASB’s proposed updates to the lease standard, specifically the proposed practical expedient which allows lessors not to separate nonlease components from the related lease components if both the timing and pattern of revenue recognition are the same for the nonlease component(s) and related lease component and the combined single lease component would be classified as an operating lease.

As a lessee the classification of our leases will not change, but we will be required to recognize a lease liability and corresponding right-of-use asset on our consolidated balance sheets for all of our operating leases. We have elected the package of practical expedients which allows us to not reassess (1) whether existing contracts contain leases, (2) the lease classification for existing leases, and (3) whether existing initial direct costs meet the new definition. We did not elect the hindsight practical expedient which permits entities to use hindsight in determining the lease term. Using the fixed noncancellable term of all existing data center leases, excluding renewal options, our initial lease liability and right-of-use asset will each be approximately $100 million on our consolidated balance sheet as of January 1, 2018.

In accordance with ASC Topic 842, lessor accounting for our leases remains largely unchanged, apart from the narrower definition of initial direct costs that can be capitalized. The new standard defines initial direct costs as only the incremental costs of signing a lease. Internal sales employees’ compensation, payroll-related fringe benefits and certain external legal fees related to the execution of successful lease agreements will not meet the definition of initial direct costs under the new standard and will be accounted for as a sales and marketing expense or general and administrative expense in the consolidated statements of operations upon adoption of ASC Topic 842. For the year ended December 31, 2017, we had $1.2 million and $0.1 million of capitalized salaries and benefits and external legal fees, respectively, which would not have been capitalized if ASC Topic 842 had been in effect. On a prospective basis, we estimate that the sales and marketing expense in our consolidated statement of operations will increase by approximately $1.4 million and general and administrative expense will increase by approximately $0.1 million for the year ending December 31, 2018, as a result of the narrower definition of initial direct costs.

In August 2016, the FASB issued guidance codified in ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The standard provides guidance on eight specific cash flow classification issues including debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, and separately identifiable cash flows and application of the predominance principle. The standard will be effective for the fiscal year beginning January 1, 2018, and subsequent interim periods. We do not expect the provisions of ASU 2016-15 to have a material impact on our consolidated financial statements.

In January 2017, the FASB issued guidance codified in ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 simplifies the accounting for goodwill impairment by eliminating the process of measuring the implied value of goodwill, known as step two, from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. The standard will be effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. We do not expect the provisions of ASU 2017-04 to have a material impact on our consolidated financial statements.

In August 2017, the FASB issued guidance codified in ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 simplifies hedge accounting by eliminating the requirement to separately measure and report hedge ineffectiveness and presenting all items that affect earnings in the same income statement line item as the hedged item. The standard will be effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. We do not expect the provisions of ASU 2017-12 to have a material impact on our consolidated financial statements.

Use of Estimates

The preparation of these consolidated financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. We evaluate our estimates, including those related to assessing the carrying values of our real estate properties, goodwill, accrued liabilities and performance-based equity compensation plans. We base our estimates on historical experience, current market conditions, and various other assumptions that we believe to be

68


 

reasonable under the circumstances. Actual results may vary from those estimates and those estimates could vary under different assumptions or conditions.

Reclassifications

Certain immaterial amounts included in the consolidated financial statements for 2016 and 2015 have been reclassified to conform to the 2017 financial statement presentation.

 

Investments in Real Estate

Real estate investments are carried at cost less accumulated depreciation and amortization. The cost of real estate includes the purchase price of property and leasehold improvements. Expenditures for maintenance and repairs are expensed as incurred. Significant renovations and betterments that extend the economic useful lives of assets are capitalized. During land development and construction periods, we capitalize construction costs, legal fees, financing costs, real estate taxes and insurance, rent expense and internal costs of personnel performing development, if such costs are incremental and identifiable to a specific development project. Capitalization of costs begins upon commencement of development efforts and ceases when the project is ready for its intended use and held available for occupancy. Interest is capitalized during the period of development based upon applying the weighted-average borrowing rate to the actual development costs expended. Capitalized interest costs were $3.3 million, $4.1 million and $3.7 million for the years ended December 31, 2017, 2016, and 2015, respectively.

Depreciation and amortization are calculated using the straight‑line method over the following useful lives of the assets:

 

 

 

Buildings

   

27 to 40 years

Building improvements

 

1 to 10 years

Leasehold improvements

 

The shorter of the lease term or useful life of the asset

 

Depreciation expense was $108.1 million, $89.2 million and $76.1 million for the years ended December 31, 2017, 2016 and 2015, respectively.

Acquisition of Investment in Real Estate

When accounting for business combinations and asset acquisitions, the fair value of the real estate acquired is allocated to the acquired tangible assets, consisting primarily of land, building and building improvements, and identified intangible assets and liabilities, consisting of the value of above-market and below-market leases, value of in-place leases and the value of customer relationships.

The fair value of the land and building of an acquired property is determined by valuing the property as if it were vacant, and the “as-if-vacant” fair value is then allocated to land and building based on management’s determination of the fair values of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases.

The fair value of intangibles related to in-place leases includes the value of lease intangibles for above-market and below-market leases, lease origination costs, and customer relationships, determined on a lease-by-lease basis. Above-market and below-market leases are valued based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management's estimate of market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of the lease and, for below-market leases, over a time period equal to the initial term plus any below-market fixed rate renewal periods. Lease origination costs include estimates of costs avoided associated with leasing the property, including tenant allowances and improvements and leasing commissions. Customer relationship intangibles relate to the additional revenue opportunities expected to be generated through interconnection services and utility services to be provided to the in-place lease tenants.

69


 

The capitalized values for above and below-market lease intangibles, lease origination costs, and customer relationships are amortized over the term of the underlying leases or the expected customer relationship. Amortization related to above-market and below-market leases where the Company is the lessor is recorded as either a reduction of or an increase to rental revenue, amortization related to above-market and below-market leases where the Company is the lessee is recorded as either a reduction of or an increase to rent expense. If a lease is terminated prior to its stated expiration, all unamortized amounts relating to that lease are written off.

The carrying value of intangible assets is reviewed for impairment in connection with its respective asset group whenever events or changes in circumstances indicate that the asset group may not be recoverable. An impairment loss is recognized if the carrying amount of the asset group is not recoverable and its carrying amount exceeds its estimated fair value. No impairment loss related to these intangible assets was recognized for the years ended December 31, 2017, 2016, or 2015.

The excess of the cost of an acquired business over the net of the amounts assigned to assets acquired (including identified intangible assets) and liabilities assumed is recorded as goodwill. As of December 31, 2017, and 2016, we had approximately $40.6 million and $41.2 million of goodwill, respectively. The Company’s goodwill has an indeterminate life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. No impairment loss was recognized for the years ended December 31, 2017, 2016, or 2015. During the year ended December 31, 2017, goodwill was reduced by $0.5 million due to the receipt of cash from an escrow account associated with an entity acquired at the time of the Company’s initial public offering (“IPO”).

Cash and Cash Equivalents

Cash and cash equivalents include all non‑restricted cash held in financial institutions and other non‑restricted highly liquid short‑term investments with original maturities at acquisition of three months or less.

Deferred Costs

Deferred leasing costs include commissions paid to third parties, including brokers, leasing and referral agents, and internal sales commissions paid to employees for successful execution of lease agreements. These commissions and other direct and incremental costs incurred to obtain new customer leases are capitalized and amortized over the term of the related leases using the straight-line method. If a customer lease terminates prior to the expiration of its initial term, any unamortized deferred costs related to the lease are written off to amortization expense. Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Internal sales commissions

 

$

17,402

 

$

18,748

 

Third party commissions

 

 

11,802

 

 

13,643

 

External legal counsel

 

 

775

 

 

730

 

Total

 

$

29,979

 

$

33,121

 

 

Deferred financing costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are capitalized and amortized on a straight-line basis, which approximates the effective-interest method, over the term of the loan and the amortization is included as a component of interest expense. Depending on the type of debt instrument, deferred financing costs are reported either in other assets or as a direct deduction from the carrying amount of the related debt liabilities in our consolidated balance sheets.

Recoverability of Long‑Lived Assets

We review our long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized when estimated expected future cash flows (undiscounted and without interest charges) are less than the carrying amount of the assets. The estimation of expected future net cash flows is inherently uncertain and relies, to a considerable extent, on assumptions regarding current and future economics and market conditions and the availability of capital. If, in future periods, there are changes

70


 

in the estimates or assumptions incorporated into the impairment review analysis, the changes could result in an adjustment to the carrying amount of the long-lived assets. To the extent that impairment has occurred, the excess of the carrying amount of long-lived assets over its estimated fair value would be recognized as an impairment loss charged to net income. For the years ended December 31, 2017, 2016, and 2015, no impairment of long-lived assets was recognized.

Derivative Instruments and Hedging Activities

We reflect all derivative instruments at fair value as either assets or liabilities on the consolidated balance sheets. For those derivative instruments that are designated and qualify as hedging instruments, we record the effective portion of the gain or loss on the hedging instruments as a component of accumulated other comprehensive income or loss. Any ineffective portion of a derivative’s change in fair value is immediately recognized within net income. For derivatives that do not meet the criteria for hedge accounting, changes in fair value are immediately recognized within net income. See additional discussion in Note 9 Derivatives and Hedging Activities.

Internal-Use Software

We recognize internal-use software development costs based on the development stage of the project and nature of the cost. Internal and external costs incurred during the preliminary project stage are expensed as they are incurred. Internal and external costs incurred to develop internal-use software during the application development stage are capitalized. Internal and external training costs and maintenance costs during the post-implementation-operation stage are expensed as incurred. Completed projects are placed into service and amortized over the estimated useful life of the software. For the years ended December 31, 2017, and 2016, no impairment was recognized related to impairment of internal use software. For the year ended December 31, 2015, we recorded $0.3 million related to impairment of internal use software.

Our SaaS arrangements are capitalized when we have a contractual right to take possession of the software at any point during the period without significant penalty and it is feasible to run the software on our own hardware or we are able to contract with an unrelated third party to run the software. Any arrangements that do not meet these criterion are accounted for as a service contract and the costs are expensed as the services are performed. 

Revenue Recognition

Our customer arrangements contain lease and nonlease elements. Consideration called for by the arrangement is separated at the inception of the arrangement into the lease and nonlease elements based on the relative fair value of each element. For the lease elements, rental revenue is recognized on a straight‑line basis over the customer’s lease term.  The excess of rents recognized over amounts contractually due pursuant to the underlying leases is recorded as deferred rent receivable within our consolidated balance sheets.

 

Nonlease elements include power and interconnection services. Power revenue is recognized each month as the power services are delivered to and utilized by our customers. Power services may include non‑recurring customer set‑up charges and installation fees that are initially deferred and recognized over the expected performance period. Interconnection services are contracted on a month-to-month basis and revenue is recognized each month as these services are delivered to and utilized by our customers.

 

Some of our data center leases contain provisions under which our customers reimburse us for a portion of real estate taxes, insurance, common area maintenance, and other recoverable costs.  Such customer reimbursements are recognized in the period that the expenses are recognized.

 

A provision for uncollectible accounts is recorded if a receivable balance relating to contractual rent, rent recorded on a straight-line basis, tenant reimbursements or other billed amounts is considered by management to be uncollectible. At December 31, 2017, and 2016, the allowance for doubtful accounts totaled $1.1 million and $0.2 million, respectively.

71


 

Share‑Based Compensation

We account for share-based compensation using the fair value method of accounting. The estimated fair value of the stock options granted by us is calculated based on the Black-Scholes option-pricing model. The fair value of restricted share-based and Operating Partnership unit compensation is based on the fair value of our common stock on the date of the grant. The fair value of performance share awards, which have a market condition, is based on a Monte Carlo simulation. The fair value for all share-based compensation is amortized on a straight-line basis over the vesting period. We have elected to account for forfeitures as they occur.

Asset Retirement and Environmental Remediation Obligations

We record accruals for estimated asset retirement and environmental remediation obligations. The obligations relate primarily to the removal of asbestos during development of properties as well as the estimated equipment removal costs upon termination of a certain lease where we are the lessee. At December 31, 2017, and 2016, the amount included in unearned revenue, prepaid rent and other liabilities on the consolidated balance sheets was approximately $1.5 million and $1.4 million, respectively.

Income Taxes

We elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), commencing with our taxable year ended December 31, 2010. To qualify as a REIT, we are required to distribute at least 90% of our taxable income to our stockholders and meet various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership. Provided we qualify for taxation as a REIT, we generally are not subject to corporate level federal income tax on the earnings distributed currently to our stockholders. If we fail to qualify as a REIT in any taxable year, and are unable to avail ourselves of certain savings provisions set forth in the Code, all of our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax.

To maintain REIT status, we must distribute a minimum of 90% of our taxable income. However, it is our policy and intent, subject to change, to distribute 100% of our taxable income and therefore, no provision is required in the accompanying consolidated financial statements for federal income taxes with regards to activities of the REIT and its subsidiary pass‑through entities. The allocable share of taxable income is included in the income tax returns of its stockholders. The Company is subject to the statutory requirements of the locations in which it conducts business. State and local income taxes are accrued as deemed required in the best judgment of management based on analysis and interpretation of respective tax laws.

We have elected to treat certain subsidiaries as taxable REIT subsidiaries (“TRS”). Certain activities that we undertake must be conducted by a TRS, such as services for our tenants that could be considered otherwise impermissible for us to perform and holding assets that we cannot hold directly. A TRS is subject to corporate level federal and state income taxes.

Deferred income taxes are recognized in certain taxable entities. Deferred income tax generally is a function of the period’s temporary differences (items that are treated differently for tax purposes than for financial reporting purposes), the utilization of tax net operating losses generated in prior years that previously had been recognized as deferred income tax assets and the reversal of any previously recorded deferred income tax liabilities. A valuation allowance for deferred income tax assets is provided if we believe all or some portion of the deferred income tax asset may more likely than not be realized. Any increase or decrease in the valuation allowance resulting from a change in circumstances that causes a change in the estimated realizability of the related deferred income tax asset is included in deferred tax expense. As of December 31, 2017, and 2016, the gross deferred income taxes were not material.

We currently have no liabilities for uncertain income tax positions. The earliest tax year for which we are subject to examination is 2014.

Concentration of Credit Risks

Our cash and cash equivalents are maintained in various financial institutions, which, at times, may exceed federally insured limits. We have not experienced any losses in such accounts, and management believes that the

72


 

Company is not exposed to any significant credit risk in this area. We have no off‑balance sheet concentrations of credit risk, such as foreign exchange contracts, option contracts, or foreign currency hedging arrangements.

Segment Information

We manage our business as one reportable segment consisting of investments in data centers located in the United States. Although we provide services in several markets, these operations have been aggregated into one reportable segment based on the similar economic characteristics amongst all markets, including the nature of the services provided and the type of customers purchasing these services.

3. Acquisitions

On November 10, 2016, we paid cash consideration of $65.0 million to acquire a 21.75-acre operating light-industrial / flex office park located in Reston, Virginia, referred to as the Reston Campus Expansion. The transaction was accounted for as an asset acquisition. We plan to redevelop the existing buildings into over 611,000 of incremental data center NRSF across multiple phases as existing customers vacate their existing space upon expiration of their leases. The acquisition and redevelopment of the Reston Campus Expansion will extend our position as a multi-tenant data center provider in the Northern Virginia market.

On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We have accounted for the $0.3 million of cash receipts as ancillary operations which reduces the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.

On January 29, 2018, we acquired a two-acre land parcel located in downtown Chicago, Illinois, for a purchase price of $4.5 million. We expect to build a 175,000 square foot turn-key data center building on the acquired land parcel, which we refer to as CH2, upon the receipt of necessary entitlements.

4. Acquired Intangible Assets and Liabilities

We did not add new intangible assets or liabilities during the year ended December 31, 2017. During the year ended December 31, 2016, through the acquisition of the Reston Campus Expansion, we added $7.5 million of new intangible assets and $0.4 million of new intangible liabilities with a weighted average life of 4.3 years and 5.7 years, respectively.

Above-market and below-market lease intangibles and other intangibles balances at December 31, 2017, and 2016, are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

    

Lease contracts above-market value

  

$

714

  

$

2,080

  

Accumulated amortization

 

 

(532)

 

 

(1,698)

 

Lease contracts above-market value, net

 

$

182

 

$

382

 

 

 

 

 

 

 

 

 

Lease contracts below-market value

 

$

9,102

 

$

9,731

 

Accumulated amortization

 

 

(5,608)

 

 

(5,439)

 

Lease contracts below-market value, net

 

$

3,494

 

$

4,292

 

 

 

 

 

 

 

 

 

Other identified intangible assets

 

$

14,174

 

$

20,218

 

Accumulated amortization

 

 

(8,053)

 

 

(10,687)

 

Other identified intangible assets, net

 

$

6,121

 

$

9,531

 

The net effect of amortization of acquired above‑market and below‑market leases resulted in an increase to rental revenue of $0.6 million, $0.5 million, and $0.5 million, for the years ended December 31, 2017, 2016, and 2015,

73


 

respectively. The estimated amortization of acquired below‑market leases, net of acquired above‑market leases for each of the five succeeding fiscal years, which will be a net increase to rental revenue, is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

456

 

2019

 

 

236

 

2020

 

 

241

 

2021

 

 

234

 

2022

 

 

208

 

Thereafter

 

 

1,937

 

Total

 

$

3,312

 

 

Amortization of all other identified intangible assets was $3.4 million, $2.0 million, and $2.0 million, for the years ended December 31, 2017, 2016, and 2015, respectively. The estimated amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

1,931

 

2019

 

 

1,481

 

2020

 

 

897

 

2021

 

 

856

 

2022

 

 

705

 

Thereafter

 

 

251

 

Total

 

$

6,121

 

 

 

5. Investment in Real Estate

The following is a summary of the properties owned or leased by market at December 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Buildings and

 

Construction in

 

 

 

 

Market

    

Land

    

Improvements

    

Progress

    

Total Cost

 

Boston

 

$

5,154

 

$

106,317

 

$

28

 

$

111,499

 

Chicago

 

 

5,493

 

 

101,798

 

 

10,470

 

 

117,761

 

Denver

 

 

 —

 

 

19,193

 

 

187

 

 

19,380

 

Los Angeles

 

 

28,467

 

 

273,000

 

 

44,503

 

 

345,970

 

Miami

 

 

728

 

 

11,612

 

 

28

 

 

12,368

 

New York

 

 

2,388

 

 

132,413

 

 

41,195

 

 

175,996

 

Northern Virginia(1)

 

 

23,642

 

 

300,329

 

 

50,336

 

 

374,307

 

San Francisco Bay(2)

 

 

31,386

 

 

616,394

 

 

16,156

 

 

663,936

 

Total

 

$

97,258

 

$

1,561,056

 

$

162,903

 

$

1,821,217

 


(1)

On February 23, 2017, we executed a ten-year lease for 25,000 square feet at a new property, which we refer to as DC2, to further expand our data center presence in Washington D.C., within our Northern Virginia market. DC2 is under construction as of December 31, 2017.

(2)

On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We will account for the $0.3 million of cash receipts as ancillary operations which will reduce the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.

 

 

74


 

6. Other Assets

Our other assets consisted of the following, net of amortization and depreciation, if applicable, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Deferred rent receivable

 

$

40,038

 

$

36,393

 

Deferred leasing costs

 

 

29,979

 

 

33,121

 

Internal-use software

 

 

17,477

 

 

14,440

 

Prepaid expenses

 

 

6,770

 

 

4,390

 

Corporate furniture, fixtures and equipment

 

 

6,408

 

 

5,356

 

Deferred financing costs - revolving credit facility

 

 

957

 

 

1,604

 

Other

 

 

1,872

 

 

1,068

 

Total

 

$

103,501

 

$

96,372

 

 

Deferred leasing costs are amortized as amortization expense on a straight‑line basis over the remaining lease terms of the underlying leases. The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

13,845

 

2019

 

 

8,194

 

2020

 

 

3,900

 

2021

 

 

1,560

 

2022

 

 

1,019

 

Thereafter

 

 

1,461

 

Total

 

$

29,979

 

 

 

7. Leases

As a lessor, the Company leases data center space and office and light-industrial space under noncancelable operating lease agreements. The future minimum lease payments to be received under noncancelable operating leases in effect at December 31, 2017, are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

  

2018

 

$

237,706

 

2019

 

 

174,763

 

2020

 

 

120,834

 

2021

 

 

92,684

 

2022

 

 

68,259

 

Thereafter

 

 

161,525

 

Total

 

$

855,771

 

 

As the lessee, the Company currently leases data center space under noncancelable operating lease agreements at NY1, LA1, DC1, DC2, DE1, and DE2, and its headquarters located in Denver, CO. The future minimum lease payments to be paid under noncancelable real estate leases in effect at December 31, 2017, are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

  

2018

 

$

21,264

 

2019

 

 

22,491

 

2020

 

 

22,928

 

2021

 

 

22,676

 

2022

 

 

15,550

 

Thereafter

 

 

11,874

 

Total

 

$

116,783

 

 

 

75


 

 

8. Debt

A summary of outstanding indebtedness as of December 31, 2017, and 2016, is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity

 

December 31,

 

December 31,

 

 

    

Interest Rate

    

Date

    

2017

    

2016

 

Revolving credit facility

 

3.11% and 2.32% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2019

 

$

169,500

 

$

194,000

 

2020 Senior unsecured term loan(1)

 

3.00% and 2.60% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2020

 

 

150,000

 

 

150,000

 

2021 Senior unsecured term loan

 

3.06% and 2.27% at December 31, 2017, and December 31, 2016, respectively

 

February 2, 2021

 

 

100,000

 

 

100,000

 

2022 Senior unsecured term loan(2)

 

3.04% and 3.23% at December 31, 2017, and December 31, 2016, respectively

 

April 19, 2022

 

 

200,000

 

 

100,000

 

2023 Senior unsecured notes

 

4.19% at December 31, 2017, and December 31, 2016, respectively

 

June 15, 2023

 

 

150,000

 

 

150,000

 

2024 Senior unsecured notes

 

3.91% at December 31, 2017

 

April 20, 2024

 

 

175,000

 

 

 —

 

Total principal outstanding

 

 

 

`

 

 

944,500

 

 

694,000

 

Unamortized deferred financing costs

 

 

 

 

 

 

(4,930)

 

 

(3,550)

 

Total debt

 

 

 

 

 

$

939,570

 

$

690,450

 


(1)

Our Operating Partnership has in place a swap agreement with respect to the 2020 Term Loan (as defined below) to swap the variable interest rate associated with $75 million, or 50% of the principal amount, of the 2020 Term Loan to a fixed rate of approximately 2.93% per annum at our current leverage ratio. The interest rate on the remaining $75 million of the 2020 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.00%. See “Derivatives and Hedging Activities” in Note 9 below. 

(2)

Our Operating Partnership has in place a swap agreement with respect to the 2022 Term Loan (as defined below) to swap the variable interest rate associated with $50 million, or 25% of the principal amount, of the 2022 Term Loan to a fixed rate of approximately 2.98% per annum at our current leverage ratio through January 31, 2019. The interest rate on the remaining $150 million of the 2022 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.04%. See “Derivatives and Hedging Activities” in Note 9 below. 

Revolving Credit Facility

On February 2, 2016, our Operating Partnership and certain subsidiary co-borrowers entered into the first amendment to the third amended and restated credit agreement (as amended, the “Credit Agreement”) with a group of lenders for which KeyBank National Association acts as the administrative agent. The Credit Agreement maturity date is June 24, 2019, with a one-time extension option, which, if exercised, would extend the maturity date to June 24, 2020. The exercise of the extension option is subject to the payment of an extension fee equal to 10 basis points of the total commitment under the Credit Agreement at initial maturity and certain other customary conditions. The Credit Agreement includes a total commitment of $600 million, providing for a $350 million revolving credit facility, a $150 million unsecured term loan scheduled to mature on June 24, 2020, and a $100 million unsecured term loan scheduled to mature on February 2, 2021. See “2020 Senior Unsecured Term Loan” and “2021 Senior Unsecured Term Loan” below for a discussion of the $150 million and $100 million term loans. The Credit Agreement contains an accordion feature, which allows our Operating Partnership to increase the total commitment from $600 million to $800 million, under specified circumstances, including securing capital from new or existing lenders.

Borrowings under the revolving credit facility bear interest at a variable rate per annum equal to either (i) LIBOR plus 155 basis points to 225 basis points, or (ii) a base rate plus 55 basis points to 125 basis points, each depending on our Operating Partnership's leverage ratio. At December 31, 2017, our Operating Partnership’s leverage ratio was 26.7% and the interest rate was LIBOR plus 155 basis points.

76


 

The total amount available for borrowing under the revolving credit facility, which is part of the Credit Agreement, is equal to the lesser of $350.0 million or the availability calculated based on our unencumbered asset pool. As of December 31, 2017, the borrowing capacity was $350.0 million. As of December 31, 2017, $169.5 million was borrowed and outstanding, $4.9 million was outstanding under letters of credit and therefore $175.6 million remained available for us to borrow under the revolving credit facility.

Our ability to borrow under the Credit Agreement is subject to ongoing compliance with a number of financial covenants and other customary restrictive covenants, including, among others:

·

a maximum leverage ratio (defined as total consolidated indebtedness to total gross asset value) of 60%, which, as of December 31, 2017, was 26.7%.

·

a maximum secured debt ratio (defined as total consolidated secured debt to total gross asset value) of 40%, which, as of December 31, 2017, was 0.0%.

·

a minimum fixed charge coverage ratio (defined as adjusted consolidated earnings before interest, taxes, depreciation and amortization to consolidated fixed charges) of 1.7 to 1.0, which, as of December 31, 2017, was 6.5 to 1.0; and

·

a maximum unhedged variable rate debt ratio (defined as unhedged variable rate indebtedness to gross asset value) of 30%, which, as of December 31, 2017, our unhedged variable rate debt ratio was 13.9%.

The Credit Agreement ranks pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes, and the 2024 Notes and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the Credit Agreement.    

2020 Senior Unsecured Term Loan

On June 24, 2015, in connection with, and pursuant to the terms of, the Credit Agreement, our Operating Partnership and certain subsidiaries entered into a $150 million senior unsecured term loan (the "2020 Term Loan"). The 2020 Term Loan has a five-year term maturing on June 24, 2020. The 2020 Term Loan ranks pari passu with the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2020 Term Loan.

The borrowings under the 2020 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 220 basis points, or (ii) a base rate plus 50 basis points to 120 basis points, each depending on our Operating Partnership' s leverage ratio. At December 31, 2017, the Operating Partnership's leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.

2021 Senior Unsecured Term Loan

 

On February 2, 2016, pursuant to the terms of the Credit Agreement, we partially exercised the accordion feature and entered into a $100 million senior unsecured term loan (the “2021 Term Loan”). The 2021 Term Loan has a five-year term maturing on February 2, 2021. The 2021 Term Loan ranks pari passu with the 2020 Term Loan, the 2022 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2021 Term Loan.

 

The borrowings under the 2021 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 220 basis points, or (ii) a base rate plus 50 basis points to 120 basis points, each depending on our Operating Partnership’s leverage ratio. At December 31, 2017, our Operating Partnership’s leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.

 

77


 

2022 Senior Unsecured Term Loan

 

On January 31, 2014, our Operating Partnership and certain subsidiaries entered into a $100 million senior unsecured term loan (the “2019 Term Loan”). The 2019 Term Loan had a five-year term and contained an accordion feature, which allowed our Operating Partnership to increase the total commitments by $100 million, to $200 million under specified circumstances including securing capital from new or existing lenders.

On April 19, 2017, our Operating Partnership and certain subsidiaries amended and restated the 2019 Term Loan (as amended, the “2022 Term Loan”), to (i) exercise the accordion feature to increase the total commitments to $200 million, (ii) extend the maturity of the term loan from January 31, 2019, to April 19, 2022, (iii) amend the accordion feature to allow an increase in total commitments from $200 million to $300 million, under specified circumstances, including securing capital from new or existing lenders, and (iv) explicitly permit the issuance of the 2024 Notes defined below.

 

The 2022 Term Loan ranks pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2022 Term Loan.

 

The borrowings under the 2022 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 210 basis points, or (ii) a base rate plus 50 basis points to 110 basis points, each depending on our Operating Partnership's leverage ratio. At December 31, 2017, our Operating Partnership’s leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points. 

 

2023 Senior Unsecured Notes

 

On June 15, 2016, our Operating Partnership issued an aggregate principal amount of $150 million, 4.19% senior unsecured notes due June 15, 2023 (the “2023 Notes”), in a private placement to certain accredited investors. The terms of the 2023 Notes are governed by a note purchase agreement, dated June 15, 2016 (the “2023 Note Purchase Agreement”), by and among our Operating Partnership, the Company and the purchasers of the 2023 Notes.

 

Interest is payable semiannually, on the 15th day of June and December of each year, commencing on December 15, 2016. The 2023 Notes are senior unsecured obligations of our Operating Partnership and are jointly and severally guaranteed by the Company and each of our Operating Partnership’s subsidiaries that guarantees indebtedness under our Operating Partnership’s Credit Agreement (the “Subsidiary Guarantors”).

 

Our Operating Partnership may prepay all or a portion of the 2023 Notes upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the 2023 Note Purchase Agreement. Upon the occurrence of certain change of control events, holders of the 2023 Notes have the right to require our Operating Partnership to purchase 100% of such holder’s 2023 Notes in cash at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase.

 

The 2023 Notes rank pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2024 Notes and the Credit Agreement. The 2023 Note Purchase Agreement contains the same financial covenants as the Credit Agreement, as described above. In addition, certain additional financial covenants in the Credit Agreement were automatically incorporated into the 2023 Note Purchase Agreement, and, subject to certain conditions, these additional financial covenants will be deleted, removed, amended or otherwise modified to be more or less restrictive if the analogous covenant in the Credit Agreement is so deleted, removed, amended or otherwise modified. These covenants are subject to a number of exceptions and qualifications set forth in the 2023 Note Purchase Agreement. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2023 Note Purchase Agreement.

2024 Senior Unsecured Notes

 

On April 20, 2017, our Operating Partnership issued an aggregate principal amount of $175 million, 3.91% senior unsecured notes due April 20, 2024 (the “2024 Notes”), in a private placement to certain accredited investors. The terms of the 2024 Notes are governed by a note purchase agreement, dated April 20, 2017 (the “2024 Note Purchase Agreement”), by and among our Operating Partnership, the Company and the purchasers of the 2024 Notes.

78


 

 

Interest is payable semiannually, on the 15th day of June and December of each year, commencing on December 15, 2017. The 2024 Notes are senior unsecured obligations of our Operating Partnership and are jointly and severally guaranteed by the Company and each of the Subsidiary Guarantors.

 

Our Operating Partnership may prepay all or a portion of the 2024 Notes upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the 2024 Note Purchase Agreement. Upon the occurrence of certain change of control events, holders of the 2024 Notes will have the right to require our Operating Partnership to purchase 100% of such holders’ 2024 Notes in cash at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase.

 

The 2024 Notes rank pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes and the Credit Agreement. The 2024 Note Purchase Agreement contains the same financial covenants as the Credit Agreement, as described above. In addition, certain additional financial covenants in the Credit Agreement were automatically incorporated into the 2024 Note Purchase Agreement, and, subject to certain conditions, these additional financial covenants will be deleted, removed, amended or otherwise modified to be more or less restrictive if the analogous covenant in the Credit Agreement is so deleted, removed, amended or otherwise modified. These covenants are subject to a number of exceptions and qualifications set forth in the 2024 Note Purchase Agreement. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2024 Note Purchase Agreement.

 

Debt Maturities

The following table summarizes the amount of our outstanding debt as of December 31, 2017, based on when such debt currently becomes due (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

 —

 

2019

 

 

169,500

 

2020

 

 

150,000

 

2021

 

 

100,000

 

2022

 

 

200,000

 

Thereafter

 

 

325,000

 

Total principal outstanding

 

 

944,500

 

Unamortized deferred financing costs

 

 

(4,930)

 

Total debt, net

 

$

939,570

 

 

 

9. Derivatives and Hedging Activities

On April 21, 2017, we terminated $50 million of our previously existing $100 million five-year interest rate swap agreement that reduces our exposure to variability in cash flows relating to interest payments based on one-month LIBOR variable rate debt, resulting in a remaining $50 million interest rate swap effective through January 31, 2019, at approximately 2.98% per annum and 3.23% per annum for the years ending December 31, 2017, and 2016, respectively.

On April 9, 2015, we entered into a $75 million forward starting five-year interest rate swap agreement, effective May 5, 2015, to protect against adverse fluctuation in interest rates. The swap reduces our exposure to variability in cash flows relating to interest payments on $75 million of one-month LIBOR variable rate debt and effectively fixes the interest rate at approximately 2.93% per annum. Both interest rate swap agreements were designated for hedge accounting.

Risk Management Objective of Using Derivatives

We are exposed to certain risks arising from both our business operations and economic conditions. We principally manage our exposures to a wide variety of business and operational risks through management of our core business activities. We manage economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of our debt funding and the use of derivative financial instruments. Specifically, we enter into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known or uncertain cash amounts, the value of which are determined by interest rates. Our

79


 

derivative financial instruments are used to manage differences in the amount, timing, and duration of our known or expected cash receipts and our known or expected cash payments principally related to our investments and borrowings.

Cash Flow Hedges of Interest Rate Risk

Our objectives in using interest rate derivatives are to reduce variability in interest expense and to manage our exposure to adverse interest rate movements. To accomplish this objective, we primarily use interest rate swaps as part of our interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income or loss on the consolidated balance sheets and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The amounts recorded in other comprehensive income or loss related to the unrealized gain or loss on derivative contracts were a gain of $0.6 million and losses of $1.1 million, and $2.4 million for the years ended December 31, 2017, 2016, and 2015, respectively. The amounts reclassified from other comprehensive income or loss to interest expense on the consolidated statements of operations were $0.6 million, $1.7 million, and $1.9 million for the years ended December 31, 2017, 2016, and 2015, respectively. Any ineffective portion of the change in fair value of the derivatives is recognized directly in net income. During the years ended December 31, 2017, 2016, and 2015, we did not record any amount in net income related to derivatives as there was no hedge ineffectiveness.

Amounts reported in accumulated other comprehensive income or loss related to derivatives will be reclassified to interest expense as interest payments are made on our variable-rate debt. During the subsequent twelve months, beginning January 1, 2018, we estimate that $0.3 million will be reclassified as an increase to interest expense.

Derivatives are recorded at fair value in our consolidated balance sheets in other assets or unearned revenue, prepaid rent and other liabilities, as applicable. We do not net our derivative position by counterparty for purposes of balance sheet presentation and disclosure. We had zero and $0.4 million in derivative liabilities recognized in unearned revenue, prepaid rent and other liabilities in our consolidated balance sheets as of December 31, 2017 and 2016, respectively. We also had $1.1 million and $0.3 million in derivative assets recognized in other assets in our consolidated balance sheet as of December 31, 2017, and 2016, respectively.

10. Stockholders’ Equity

At December 31, 2017, 120 million shares were authorized to be issued by the Company, of which 100 million shares represent common stock and 20 million represent preferred stock. The Board may, without stockholder approval, classify or reclassify any unissued shares of stock to increase or decrease the authorized number of shares of common stock and preferred stock and to establish the preferences and rights of any preferred stock or other class of series of shares to be issued.

Common Stock

At December 31, 2017, we had 34.2 million shares of common stock issued and outstanding. Since our IPO, we have issued common stock under our 2010 Equity Incentive Award Plan, in which certain of our employees and outside directors participate in stock‑based compensation plans that provide compensation in the form of common stock. Under the Equity Incentive Award Plan, we received proceeds (made payments) from the exercise of stock options, net of settlements, of $4.8 million, $1.3 million, and ($2.9) million for the years ended December 31, 2017, 2016, and 2015, respectively. Also, we issued shares of common stock as restricted stock award and performance stock award grants, net of forfeitures, and option exercises, net of settlements, in the amount of 329,033, 239,068 and 393,337 during the years ended December 31, 2017, 2016, and 2015, respectively. See Note 12, Equity Incentive Award Plan, for additional information on our 2010 Equity Incentive Award Plan.

During the year ended December 31, 2017, and 2016, 15,011 and 7,000 common Operating Partnership units held by other third parties were redeemed for shares of our common stock, respectively. During the year ended December 31, 2016, and 2015, 3,000,000 and 8,500,000 common Operating Partnership units held by the Carlyle Group and other third parties were redeemed for shares of our common stock in connection with the offer and sale of 3,000,000

80


 

and 8,500,000 shares of our common stock, respectively. See Note 11, Noncontrolling Interests – Operating Partnership, for additional information.

Preferred Stock

On December 12, 2012, the Company issued an aggregate of 4,600,000 shares of its 7.25% Series A Cumulative Redeemable Preferred Stock, or the Series A Preferred Stock, for net proceeds of $110.6 million. Dividends were cumulative on the Series A Preferred Stock from the date of original issuance in the amount of $1.8125 per share each year, which was equivalent to 7.25% of the $25.00 liquidation preference per share. Dividends on the Series A Preferred Stock were payable quarterly in arrears.

On December 12, 2017, the Company redeemed an aggregate of 4,600,000 shares of its Series A Preferred Stock for $25.00 per share, plus all accrued and unpaid dividends in an amount equal to $0.292014 per share, for a total payment of $25.292014 per share, or $116.3 million in aggregate. The excess of the redemption price over the carrying value of the Series A Preferred Stock of approximately $4.3 million relates to the original issuance costs and was recorded as a reduction to net income attributable to common shares.

Dividends

In 2017, 2016, and 2015, we paid all our dividends in cash. The following summarizes the taxability of our common and preferred stock dividends per share for the years then ended:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

Record Date

 

2017

 

2016

 

2015

 

Common Stock:

 

 

 

 

 

 

 

 

 

 

Ordinary income

 

$

2.13

 

$

2.36

 

$

1.70

 

Qualified dividend

 

 

 —

 

 

 —

 

 

 —

 

Capital gains

 

 

 —

 

 

 —

 

 

 —

 

Return of capital

 

 

0.91

 

 

 —

 

 

 —

 

Total dividend (1)

 

$

3.04

 

$

2.36

 

$

1.70

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock:

 

 

 

 

 

 

 

 

 

 

Ordinary income

 

$

1.36

 

$

1.81

 

$

1.81

 

Qualified dividend

 

 

 —

 

 

 —

 

 

 —

 

Capital gains

 

 

 —

 

 

 —

 

 

 —

 

Total dividend (2)

 

$

1.36

 

$

1.81

 

$

1.81

 


(1)

A $0.98 per share or unit distribution was paid in January, all of which will apply to tax year 2018. Of the $2.36 taxable dividend in 2016, $0.80 was paid in January 2017, of which $0.44 will apply to tax year 2017. Of the $1.70 taxable dividend in 2015, $0.53 was paid in January 2016, of which $0.41 will apply to tax year 2016.

(2)

All outstanding shares and dividends of the 7.25% Series A Cumulative Redeemable Preferred Stock were redeemed at $25.292014 per share at December 12, 2017. Of the $1.81 taxable dividend in 2016, $0.45 was paid in January 2017. Of the $1.81 taxable dividend in 2015, $0.45 was paid in January 2016.

In order to comply with the real estate investment trust requirements of the Code, we are generally required to make common stock distributions (other than capital gain distributions) to our stockholders at least equal to (i) the sum of (a) 90% of our “REIT taxable income” computed without regard to the dividends paid deduction and net capital gains and (b) 90% of the net taxable income (after tax), if any, from foreclosure property, minus (ii) certain excess non‑cash income. Our common stock dividend policy is to distribute, at a minimum, a percentage of our cash flow to ensure we will meet the distribution requirements of the Code, while allowing us to retain cash to meet other needs, such as capital improvements and other investment activities. Any subsequent increases and/or anticipated increases are correlated to increases in our growth of cash flow.

Common stock dividends are characterized for federal income tax purposes as ordinary income, qualified dividend, capital gains, non‑taxable return of capital or a combination of the four. Common stock dividends that exceed our current and accumulated earnings and profits (calculated for tax purposes) constitute a return of capital rather than a

81


 

dividend and generally reduce the stockholder’s basis in the common stock. To the extent that a dividend exceeds both current and accumulated earnings and profits and the stockholder’s basis in the common stock, it will generally be treated as a gain from the sale or exchange of that stockholder’s common stock. At the beginning of each year, we notify our stockholders of the taxability of the common stock dividends paid during the preceding year.

Pursuant to the terms of our preferred stock, we were restricted from declaring or paying any dividend with respect to our common stock unless and until all cumulative dividends with respect to the preferred stock had been paid and sufficient funds had been set aside for dividends that had been declared for the relevant dividend period with respect to the preferred stock. On December 12, 2017, we redeemed our preferred stock in its entirety.

Our federal tax return for the year ended December 31, 2017 has not been filed. The taxability information presented for our dividends paid in 2017 is based upon management’s estimates.

11. Noncontrolling Interests — Operating Partnership

Noncontrolling interests represent the limited partnership interests in our Operating Partnership held by individuals and entities other than CoreSite Realty Corporation. The current holders of common Operating Partnership units are eligible to have the common Operating Partnership units redeemed for cash or common stock on a one‑for‑one basis, at our option.

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

December 31, 2016

 

 

    

Number of Units

    

Percentage of Total

 

Number of Units

    

Percentage of Total

 

CoreSite Realty Corporation

 

33,826,264

 

71.0

%  

33,376,568

 

70.7

%

Noncontrolling interests

 

13,836,336

 

29.0

 

13,851,347

 

29.3

 

Total

 

47,662,600

 

100.0

%  

47,227,915

 

100.0

%

 

For each share of common stock issued by us, our Operating Partnership issues to us an equivalent common Operating Partnership unit. During the year ended December 31, 2017, we issued 449,696 shares of common stock related to employee compensation arrangements and therefore an equivalent number of common Operating Partnership units were issued to us by our Operating Partnership.

Holders of common Operating Partnership units of record as of March 31, 2017, June 30, 2017, September 29, 2017, and December 29, 2017, received quarterly distributions of $0.80 per unit, $0.90 per unit, $0.90 per unit, and $0.98 per unit, respectively, payable in correlation with declared dividends on common stock.

During the years ended December 31, 2017, 2016, and 2015,  15,011, 3,007,000, and 8,500,000 common Operating Partnership units held by The Carlyle Group and other third parties were redeemed for shares of our common stock in connection with the sale of 15,011, 3,007,000, and 8,500,000 shares of our common stock, respectively. These redemptions were recorded as $0.2 million, $37.4 million, and $110.2 million reductions to noncontrolling interests in our Operating Partnership and an increase to total stockholder’s equity in the consolidated balance sheets for the years ended December 31, 2017, 2016, and 2015, respectively.

The redemption value of the noncontrolling interests at December 31, 2017, was $1.6 billion based on the closing price of the Company’s common stock of $113.90 on the last trading day prior to that date.

12. Equity Incentive Plan

Our Board of Directors adopted and, with the approval of our stockholders, amended the 2010 Equity Incentive Plan (as amended, the “2010 Plan”). The 2010 Plan is administered by the Compensation Committee of our Board of Directors. Awards issuable under the 2010 Plan include common stock, stock options, restricted stock, stock appreciation rights, dividend equivalents, Operating Partnership units and other incentive awards. We have reserved a total of 6,000,000 shares of our common stock for issuance pursuant to the 2010 Plan, which may be adjusted for changes in our capitalization and certain corporate transactions. To the extent that an award expires, terminates or lapses, or an award is settled in cash without the delivery of shares of common stock to the participant, then any unvested shares subject to the award will be available for future grant or sale under the 2010 Plan. Shares of restricted stock that are forfeited or repurchased by us pursuant to the 2010 Plan may again be awarded under the 2010 Plan. The payment of

82


 

dividend equivalents in cash in conjunction with any outstanding awards will not be counted against the shares available for issuance under the 2010 Plan.

As of December 31, 2017, 3,048,508 shares of our common stock were available for issuance pursuant to the 2010 Plan.

Stock Options

Stock option awards are granted with an exercise price equal to the closing market price of the Company’s common stock on the date of grant. The fair value of each option granted under the 2010 Plan is estimated on the date of grant using the Black‑Scholes option‑pricing model. The fair values are amortized on a straight‑line basis over the vesting periods. Stock options have not been granted since the year ending December 31, 2013. 

The following table sets forth stock option activity under the 2010 Plan for the years ended December 31, 2017, 2016, and 2015.

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of
Shares Subject
to Option

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value

 

Options outstanding, December 31, 2014

  

758,095

  

$

20.94

  

6.7 years

  

$ 13.7 million

  

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(410,322)

 

 

20.15

 

 

 

$ 12.0 million

 

Forfeited

 

(7,281)

 

 

27.53

 

 

 

 

 

Expired

 

(282)

 

 

15.23

 

 

 

 

 

Options outstanding, December 31, 2015

 

340,210

 

$

21.77

 

5.8 years

 

$ 11.9 million

 

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(74,660)

 

 

17.27

 

 

 

$ 3.8 million

 

Forfeited

 

 —

 

 

 —

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Options outstanding, December 31, 2016

 

265,550

 

$

22.96

 

5.0 years

 

$ 15.0 million

 

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(197,761)

 

 

24.37

 

 

 

$ 13.3 million

 

Forfeited

 

 —

 

 

 —

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Options outstanding, December 31, 2017

 

67,789

 

$

19.12

 

3.4 years

 

$ 6.4 million

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31,

 

 

 

 

 

 

 

 

 

 

2015

 

234,943

 

$

18.47

 

5.4 years

 

$ 9.0 million

 

2016

 

249,227

 

$

22.29

 

4.9 years

 

$ 14.2 million

 

2017

 

67,789

 

$

19.12

 

3.4 years

 

$ 6.4 million

 

 

83


 

The following table sets forth the number of shares subject to options that are unvested as of December 31, 2017, 2016, and 2015, and the fair value of these options at the grant date:

 

 

 

 

 

 

 

 

    

Number of
Shares Subject
to Option

    

Weighted
Average Fair
Value at
Grant Date

 

Unvested balance, December 31, 2014

 

283,964

 

$

7.75

 

Granted

 

 —

 

 

 —

 

Forfeited

 

(7,281)

 

 

8.48

 

Vested

 

(171,416)

 

 

6.86

 

Unvested balance, December 31, 2015

 

105,267

 

$

9.13

 

Granted

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Vested

 

(88,944)

 

 

8.97

 

Unvested balance, December 31, 2016

 

16,323

 

$

9.99

 

Granted

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Vested

 

(16,323)

 

 

9.99

 

Unvested balance, December 31, 2017

 

 —

 

$

 —

 

 

As of December 31, 2017, all stock option awards are fully vested. As the Company has been a publicly traded company only since September 28, 2010, expected volatilities used in the Black-Scholes model are based on the historical volatility of a group of comparable REITs. We utilize the simplified method of estimating the term for options granted due to the lack of historical exercise data necessary to provide a reasonable basis upon which to estimate the term. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. No options were granted during the years ended 2017, 2016 or 2015.

Restricted Stock Awards and Units

Restricted stock awards and restricted stock units, or RSUs, are granted with a fair value equal to the closing market price of the Company's common stock on the date of grant. The principal difference between restricted stock awards and RSUs is that RSUs are not shares of our common stock and do not have any of the rights or privileges thereof, including voting rights. On the applicable vesting date, the holder of an RSU becomes entitled to a share of common stock. The restricted stock awards and RSUs are amortized on a straight-line basis to expense over the vesting period.

The following table sets forth the number of unvested restricted stock awards and RSUs and the weighted-average fair value of these awards at the date of grant:

 

 

 

 

 

 

 

 

    

Restricted Stock

Awards and

Units

    

Weighted
Average Fair
Value at
Grant Date

 

Unvested balance, December 31, 2014

 

394,016

 

$

29.10

 

Granted

 

187,644

 

 

47.41

 

Forfeited

 

(34,788)

 

 

36.06

 

Vested

 

(169,260)

 

 

26.96

 

Unvested balance, December 31, 2015

 

377,612

 

$

38.51

 

Granted

 

182,628

 

 

66.69

 

Forfeited

 

(37,383)

 

 

53.87

 

Vested

 

(199,216)

 

 

36.57

 

Unvested balance, December 31, 2016

 

323,641

 

$

53.84

 

Granted

 

139,788

 

 

85.79

 

Forfeited

 

(34,020)

 

 

64.00

 

Vested

 

(139,566)

 

 

44.31

 

Unvested balance, December 31, 2017

 

289,843

 

$

70.71

 

 

As of December 31, 2017, total unearned compensation on restricted stock awards and RSUs was approximately $14.4 million, and the weighted-average vesting period was 2.4 years.

84


 

Performance Stock Awards

We grant long-term incentives to members of management in the form of performance-based restricted stock awards (“PSAs”) under the 2010 Plan. The number of PSAs earned is based on our achievement of relative total shareholder return (“TSR”) measured versus the MSCI US REIT Index over a three-year performance period and ranges between 25% and 175% of the target number of shares for PSAs granted in 2015, 2016, and 2017. The PSAs are granted at the maximum percentage of target and are retired annually to the extent we do not meet the maximum relative TSR performance threshold versus the MSCI US REIT Index. The PSAs are earned upon TSR achievement measured both annually and over the full three-year performance period. The PSAs have a service condition and will be released at the end of the three-year performance period, to the extent earned, provided that the holder continues to be employed or otherwise in service of the Company at the end of the three-year performance period. The PSAs are amortized on a straight-line basis to expense over the vesting period. Holders of the PSAs are entitled to dividends on the PSAs, which are accrued and paid in cash at the end of the three-year performance period.

 

The following table sets forth the number of unvested PSAs and the weighted-average fair value of these awards at the date of grant:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average Fair

 

 

 

Performance-Based Restricted Stock Awards

 

Value at Grant

 

 

    

Minimum

 

Maximum

    

Target

    

Date

 

Unvested balance, December 31, 2014

 

 —

 

85,851

 

57,233

 

$

25.89

 

Granted

 

11,222

 

78,553

 

44,886

 

 

61.22

 

Performance adjustment (1)

 

9,981

 

(7,190)

 

(1,465)

 

 

 —

 

Forfeited

 

(1,458)

 

(13,657)

 

(8,572)

 

 

43.38

 

Vested

 

(594)

 

(594)

 

(594)

 

 

25.89

 

Unvested balance, December 31, 2015

 

19,151

 

142,963

 

91,488

 

$

42.78

 

Granted

 

11,796

 

82,572

 

47,184

 

 

84.78

 

Performance adjustment (1)

 

29,256

 

 —

 

11,893

 

 

 —

 

Forfeited

 

(13,474)

 

(55,916)

 

(34,695)

 

 

69.12

 

Vested

 

(1,894)

 

(1,894)

 

(1,894)

 

 

42.17

 

Unvested balance, December 31, 2016

 

44,835

 

167,725

 

113,976

 

$

54.24

 

Granted

 

7,210

 

50,472

 

28,841

 

 

105.50

 

Performance adjustment (1)

 

62,841

 

 —

 

23,725

 

 

 —

 

Forfeited

 

(5,674)

 

(16,836)

 

(11,255)

 

 

79.09

 

Vested

 

(70,518)

 

(70,518)

 

(70,518)

 

 

25.89

 

Unvested balance, December 31, 2017

 

38,694

 

130,843

 

84,769

 

$

84.63

 


(1)

Includes the annual adjustment for the number of PSAs earned based on our achievement of relative TSR measured versus the MSCI US REIT Index for the applicable performance periods.

As of December 31, 2017, total unearned compensation on PSAs was approximately $3.3 million, and the weighted-average vesting period was 1.8 years. The fair value of each PSA award is estimated on the date of grant using a Monte Carlo simulation. The simulation requires assumptions for expected volatility, risk-free rate of return, and dividend yield. The following table summarizes the assumptions used to value the PSAs granted during the years ended December 31, 2017, 2016 and 2015:

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

    

2015

    

Expected term (in years)

 

2.81

 

 

2.83

 

2.83

 

Expected volatility

 

23.33

%  

 

25.29

%  

25.51

%

Expected annual dividend(1)

 

 —

 

 

 —

 

 —

 

Risk-free rate

 

1.60

%  

 

0.97

%  

1.02

%


(1)

The fair value of the PSAs assumes reinvestment of dividends.

 

85


 

 

13. Earnings Per Share

Basic net income per share is calculated by dividing the net income attributable to common shares by the weighted-average number of common shares outstanding during the period. Diluted net income per share adjusts basic net income per share for the effects of potentially dilutive common shares, if the effect is not antidilutive. Potentially dilutive common stock consists of shares issuable under the 2010 Plan.

The following is a summary of basic and diluted net income per share (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

  

2017

  

2016

    

2015

 

Net income attributable to common shares

 

$

62,605

 

$

50,371

 

$

26,368

 

Weighted-average common shares outstanding - basic

 

 

33,792,759

 

 

32,289,414

 

 

25,218,500

 

Effect of potentially dilutive common shares:

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

88,399

 

 

192,464

 

 

302,264

 

Unvested awards

 

 

177,791

 

 

250,181

 

 

185,804

 

Weighted-average common shares outstanding - diluted

 

 

34,058,949

 

 

32,732,059

 

 

25,706,568

 

Net income per share attributable to common shares

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.85

 

$

1.56

 

 

$ 1.05

 

Diluted

 

$

1.84

 

$

1.54

 

 

$ 1.03

 

 

In the calculations above, we have excluded weighted-average potentially dilutive securities of 24,961, 29,618 and 117,048 for the years ended December 31, 2017, 2016, and 2015, respectively, as their effect would have been antidilutive.

14. Employee Benefit Plan

We have a tax qualified retirement 401(k) plan that provides employees with an opportunity to save for retirement on a tax advantaged basis. Employees are eligible to participate upon hire. Additionally, on the first of the month following after six months of employment, we provide a safe harbor contribution equal to 3% of the participant’s annual salary. The employee and employer contributions are limited to the maximum amount allowed by the Internal Revenue Service. Both employee and employer contributions vest immediately. For the years ended December 31, 2017, 2016, and 2015, our contributions were $1.1 million, $0.9 million, and $0.8 million, respectively.

15. Estimated Fair Value of Financial Instruments

Authoritative guidance issued by FASB establishes a hierarchy of valuation techniques based on the observability of inputs utilized in measuring assets and liabilities at fair values. This hierarchy establishes market‑based or observable inputs as the preferred source of values, followed by valuation models using management assumptions in the absence of market inputs. The three levels of the hierarchy under the authoritative guidance are as follows:

Level 1 — Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the assessment date.

Level 2  — Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 — Unobservable inputs for the asset or liability.

Our financial instruments consist of cash and cash equivalents, accounts and other receivables, interest rate swaps, the revolving credit facility, the senior unsecured term loans, senior unsecured notes, interest payable and accounts payable. The carrying values of cash and cash equivalents, accounts and other receivables, interest payable and accounts payable approximate fair values due to the short-term nature of these financial instruments. The interest rate swaps are recorded at fair value.

The valuation of our derivatives is determined using widely accepted valuation techniques including discounted

86


 

cash flow analysis on the expected cash flows of each derivative, which reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves. We have determined that the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy; however, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by our Operating Partnership and its counterparties. As of December 31, 2017, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined that the credit valuation adjustment is not significant to the overall valuation of our derivative portfolio. As a result we classify our derivative valuation in Level 2 of the fair value hierarchy.

The total principal balance of our revolving credit facility, senior unsecured term loans, and senior unsecured notes was $944.5 million and $694.0 million as of December 31, 2017 and 2016, respectively, with a fair value of $946.6 million and $673.0 million, respectively, based on Level 3 inputs from the fair value hierarchy. Under the discounted cash flow method, the fair values of the revolving credit facility, and the senior unsecured term loans are based on our assumptions of market interest rates and terms available incorporating our credit risk for similar loan maturities.

16. Commitments and Contingencies

Our properties require periodic investments of capital for general capital improvements and for tenant related capital expenditures. We enter into various construction and equipment contracts with third parties for the development of our properties. At December 31, 2017, we had open commitments related to construction contracts of approximately $113.0 million.

Additionally, we have commitments related to telecommunications capacity used to connect data centers located within the same market or geographical area and power usage. At December 31, 2017, we had open commitments related to these contracts of approximately $103.7 million, of which $7.0 million is scheduled to be met during the year ended December 31, 2018.

In the ordinary course of business, we are subject to claims and administrative proceedings. Except as described below, we are not presently party to any proceeding, which we believe to be material or which we would expect to have, individually or in the aggregate, a material adverse effect on our business, financial condition, cash flows or results of operations.

On February 4, 2014, U.S. Colo, LLC (“U.S. Colo”), a current customer, filed a complaint against us in the United States District Court for the Central District of California. In the complaint, U.S. Colo alleged that it should not have been charged for the use of various interconnection services under the terms of an existing agreement between the parties.

 

On July 23, 2015, after amendments to the complaint, dismissal of several of U.S. Colo’s claims, and a remand of the case to the Superior Court of the State of California, County of Los Angeles (the “Superior Court”), U.S. Colo filed an amended complaint alleging breach of contract and breach of the covenant of good faith and fair dealing. The amended complaint seeks $802,564 in damages for charges paid to us for interconnection services; $70,080,000 in damages for alleged losses of revenue and profits; attorney's fees, interest, and costs of the suit; and declaratory and injunctive relief.

On February 4, 2016, the Superior Court granted our motion for summary adjudication, finding that U.S. Colo had contractually waived all claims for lost revenue or profits or other consequential damages.

 

The case was set to start trial on July 24, 2017 (after being rescheduled previously), but upon unopposed application by U.S. Colo, the Superior Court vacated the July 24, 2017, trial date, continued the trial date to April 9, 2018, set a final status conference for March 29, 2018, and reset other procedural deadlines in the action. We intend to vigorously defend this legal proceeding.

 

While it is not feasible to predict or determine the outcome of this legal proceeding, as of December 31, 2017, we estimate that the ultimate resolution of this matter and other disputes could result in a loss that is reasonably possible between zero and $2.5 million in the aggregate, of which $2.3 million has been accrued in accounts payable and accrued

87


 

expenses in our consolidated balance sheet as of December 31, 2017.

On July 9, 2015, a purported class action lawsuit was filed in the Superior Court of the State of California, County of Los Angeles, against us, alleging various employment law violations related to overtime, meal and break periods, minimum wage, timely payment of wages, wage statements, payroll records and business expenses. On March 15, 2016, we filed a responsive pleading generally denying the allegations. On July 27, 2016, the parties agreed upon class-wide settlement terms, subject to court approval. On November 28, 2017, the Superior Court granted final approval of the parties’ settlement, which resolves the matter on a class-wide basis, on behalf of all non-exempt employees in California. The settlement also resolves a related class action lawsuit filed on July 22, 2016, alleging similar claims. As part of the settlement, we agreed to pay $600,000, which was paid on December 12, 2017.

17. Quarterly Financial Information (unaudited)

The table below reflects the selected quarterly information for the years ended December 31, 2017, and 2016 (in thousands except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

    

2017

    

2017

    

2017

    

2017

 

Revenue

 

$

125,946

 

$

123,068

 

$

117,886

 

$

114,921

 

Operating income

 

 

33,667

 

 

30,799

 

 

30,082

 

 

30,264

 

Net income

 

 

27,008

 

 

24,288

 

 

24,135

 

 

25,060

 

Net income attributable to common shares

 

 

14,912

 

 

15,758

 

 

15,643

 

 

16,292

 

Net income per share attributable to common shares - basic

 

$

0.44

 

$

0.47

 

$

0.46

 

$

0.49

 

Net income per share attributable to common shares - diluted

 

$

 0.44

 

$

0.46

 

$

0.46

 

$

0.48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

    

2016

    

2016

    

2016

    

2016

 

Revenue

 

$

110,508

 

$

101,274

 

$

96,090

 

$

92,480

 

Operating income

 

 

27,933

 

 

22,505

 

 

22,558

 

 

21,621

 

Net income

 

 

23,161

 

 

19,319

 

 

19,835

 

 

19,606

 

Net income attributable to common shares

 

 

14,895

 

 

12,180

 

 

12,035

 

 

11,261

 

Net income per share attributable to common shares - basic

 

$

0.45

 

$

0.36

 

$

0.38

 

$

0.37

 

Net income per share attributable to common shares - diluted

 

$

 0.44

 

$

0.36

 

$

0.37

 

$

0.37

 

 

88


 

 

 

CoreSite Realty Corporation

Schedule III

Real Estate and Accumulated Depreciation

December 31, 2017

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Amount Carried at

 

 

 

 

 

 

 

 

 

 

Initial Cost

 

Costs Capitalized

 

December 31, 2017

 

Accumulated

 

Year

 

 

 

 

 

 

 

 

Building and

 

Subsequent to

 

 

 

Building and

 

 

 

 

Depreciation at

 

Acquired

 

Property Name

 

Location

 

Land

 

Improvements

 

Acquisition

 

Land

 

Improvements

 

Total

 

December 31, 2017

 

or Leased

 

BO1

 

Somerville, MA

 

$

6,100

 

$

26,748

 

$

78,651

 

$

5,154

 

$

106,345

 

$

111,499

 

$

51,570

 

2007

 

CH1

 

Chicago, IL

 

 

5,493

 

 

49,522

 

 

62,746

 

 

5,493

 

 

112,268

 

 

117,761

 

 

36,057

 

2010

 

DC1

 

Washington, DC

 

 

 —

 

 

4,797

 

 

4,491

 

 

 —

 

 

9,288

 

 

9,288

 

 

5,861

 

2010

 

DC2

 

Washington, DC

 

 

 —

 

 

 —

 

 

4,405

 

 

 —

 

 

4,405

 

 

4,405

 

 

 —

 

2017

 

DE1

 

Denver, CO

 

 

 —

 

 

37

 

 

17,676

 

 

 —

 

 

17,713

 

 

17,713

 

 

2,637

 

2012

 

DE2

 

Denver, CO

 

 

 —

 

 

 4

 

 

1,663

 

 

 —

 

 

1,667

 

 

1,667

 

 

711

 

2012

 

LA1

 

Los Angeles, CA

 

 

 —

 

 

41,099

 

 

38,882

 

 

 —

 

 

79,981

 

 

79,981

 

 

41,224

 

2010

 

LA2

 

Los Angeles, CA

 

 

28,467

 

 

94,114

 

 

143,408

 

 

28,467

 

 

237,522

 

 

265,989

 

 

54,603

 

2010

 

MI1

 

Miami, FL

 

 

728

 

 

9,325

 

 

2,315

 

 

728

 

 

11,640

 

 

12,368

 

 

3,388

 

2010

 

NY1

 

New York, NY

 

 

 —

 

 

 —

 

 

38,008

 

 

 —

 

 

38,008

 

 

38,008

 

 

22,355

 

2007

 

NY2

 

Secaucus, NJ

 

 

4,952

 

 

18,408

 

 

114,628

 

 

2,388

 

 

135,600

 

 

137,988

 

 

21,677

 

2013

 

SV1

 

San Jose, CA

 

 

6,863

 

 

91,719

 

 

41,806

 

 

6,863

 

 

133,525

 

 

140,388

 

 

36,235

 

2010

 

SV2

 

Milpitas, CA

 

 

5,086

 

 

5,046

 

 

27,896

 

 

5,086

 

 

32,942

 

 

38,028

 

 

19,485

 

2006

 

SV3

 

Santa Clara, CA

 

 

4,162

 

 

3,482

 

 

48,729

 

 

3,972

 

 

52,401

 

 

56,373

 

 

34,793

 

2007

 

SV4

 

Santa Clara, CA

 

 

4,632

 

 

3,716

 

 

98,064

 

 

4,501

 

 

101,911

 

 

106,412

 

 

38,042

 

2007

 

SV5

 

Santa Clara, CA

 

 

2,572

 

 

 —

 

 

23,577

 

 

2,544

 

 

23,605

 

 

26,149

 

 

2,545

 

2007

 

SV6

 

Santa Clara, CA

 

 

4,741

 

 

 —

 

 

36,826

 

 

4,825

 

 

36,742

 

 

41,567

 

 

1,533

 

2007

 

SV7

 

Santa Clara, CA

 

 

3,793

 

 

 —

 

 

237,889

 

 

3,595

 

 

238,087

 

 

241,682

 

 

16,114

 

2007

 

SV8

 

Santa Clara, CA

 

 

12,158

 

 

 —

 

 

1,179

 

 

 —

 

 

13,337

 

 

13,337

 

 

 —

 

2017

 

VA1

 

Reston, VA

 

 

6,903

 

 

32,939

 

 

93,068

 

 

6,903

 

 

126,007

 

 

132,910

 

 

62,379

 

2007

 

VA2

 

Reston, VA

 

 

5,197

 

 

 —

 

 

132,550

 

 

5,539

 

 

132,208

 

 

137,747

 

 

20,870

 

2007

 

Reston Campus Expansion

 

Reston, VA

 

 

14,200

 

 

43,949

 

 

31,808

 

 

11,200

 

 

78,757

 

 

89,957

 

 

1,062

 

2016

 

 

 

Total

 

$

116,047

 

$

424,905

 

$

1,280,265

 

$

97,258

 

$

1,723,959

 

$

1,821,217

 

$

473,141

 

 

 

 

None of our properties are encumbered.

The aggregate cost of the total properties for federal income tax purposes was approximately $1,706.1 million (unaudited) at December 31, 2017.

See accompanying report of independent registered public accounting firm.

89


 

CoreSite Realty Corporation

Schedule III

Real Estate and Accumulated Depreciation (Continued)

December 31, 2017

(in thousands)

 

The following table reconciles the historical cost and accumulated depreciation of our properties for the years ended December 31, 2017, 2016, and 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

    

2017

    

2016

    

2015

  

Property

    

 

 

    

   

 

 

 

 

 

Balance, beginning of year

 

$

1,643,576

 

$

1,295,135

    

$

1,146,548

 

Additions - property acquisitions

 

 

12,158

 

 

58,149

 

 

 —

  

Additions - improvements

 

 

165,483

 

 

290,292

 

 

148,587

 

Balance, end of year

 

$

1,821,217

 

$

1,643,576

 

$

1,295,135

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Depreciation

 

 

 

 

 

 

 

 

 

 

Balance, beginning of year

 

$

369,303

 

$

284,219

 

$

215,978

 

Additions, net of disposals

 

 

103,838

 

 

85,084

 

 

68,241

 

Balance, end of year

 

$

473,141

 

$

369,303

 

$

284,219

 

 

See accompanying report of independent registered public accounting firm.

90


 

ITEM 9.  CHANGES IN AND DISAGREEMENTS WITH ACCOUNTANTS ON ACCOUNTING AND FINANCIAL DISCLOSURE

None.

ITEM 9A.  CONTROLS AND PROCEDURES

Evaluation of Disclosure Controls and Procedures

We maintain disclosure controls and procedures (as such term is defined in Rule 13a‑15(e) and 15d‑15(e) under the Exchange Act) that are designed to ensure that information required to be disclosed in our reports under the Exchange Act is processed, recorded, summarized and reported within the time periods specified in the SEC’s rules and regulations and that such information is accumulated and communicated to management, including our Chief Executive Officer and Chief Financial Officer, as appropriate, to allow for timely decisions regarding required disclosure. In designing and evaluating the disclosure controls and procedures, management recognizes that any controls and procedures, no matter how well designed and operated, can provide only reasonable assurance of achieving the desired control objectives, and management is required to apply its judgment in evaluating the cost‑benefit relationship of possible controls and procedures.

As of December 31, 2017, we carried out an evaluation, under the supervision and with the participation of management, including our Chief Executive Officer and our Chief Financial Officer, regarding the effectiveness of our disclosure controls and procedures. Based on the foregoing, our Chief Executive Officer and our Chief Financial Officer concluded that our disclosure controls and procedures were effective as of December 31, 2017.

Changes in Internal Control over Financial Reporting

There has been no change in our internal control over financial reporting (as such term is defined in Rules 13a‑15(f) and 15(d)‑15(f) under the Exchange Act) that occurred during the three months ended December 31, 2017, that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

Management’s Annual Report on Internal Control over Financial Reporting

Our management is responsible for establishing and maintaining adequate internal control over financial reporting (as such term is defined in Rules 13a‑15(f) and 15(d)‑15(f) under the Exchange Act). The internal control system is designed to provide reasonable assurance regarding the preparation and fair presentation of published financial statements.

Based on its inherent limitations, internal control over financial reporting may not prevent or detect misstatement. Also, projections of any evaluation of effectiveness to future periods are subject to the risk that controls may be inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures might deteriorate.

As of December 31, 2017, we carried out an evaluation, under the supervision and with the participation of management, including our Chief Executive Officer and our Chief Financial Officer, regarding the effectiveness of our internal control over financial reporting. Based on the criteria set forth in Internal Control—Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission, our Chief Executive Officer and our Chief Financial Officer concluded, as of December 31, 2017, that our internal control over financial reporting was effective in providing reasonable assurance of the fair preparation and presentation of published financial statements.

KPMG LLP, our independent registered public accounting firm, has audited the effectiveness of our internal control over financial reporting as of December 31, 2017, as stated in their report which begins on page 60 of this Annual Report.

91


 

ITEM 9B.  OTHER INFORMATION

None.

PART III

ITEM 10.  DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE

The information required by Item 10 will be included in our definitive proxy statement relating to our 2018 Annual Meeting of Stockholders, to be filed no later than 120 days after December 31, 2017, and is incorporated herein by reference.

Because our common stock is listed on the NYSE, our Chief Executive Officer is required to make, and will make, an annual certification to the NYSE stating that he was not aware of any violation by us of the corporate governance listing standards of the NYSE. Our Chief Executive Officer will make his annual certification to that effect to the NYSE within the 30‑day period following our 2018 Annual Meeting of Stockholders.

ITEM 11.  EXECUTIVE COMPENSATION

The information required by Item 11 will be included in our definitive proxy statement relating to our 2018 Annual Meeting of Stockholders, to be filed no later than 120 days after December 31, 2017, and is incorporated herein by reference.

ITEM 12.  SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND RELATED STOCKHOLDER MATTERS

The information required by Item 12 will be included in our definitive proxy statement relating to our 2018 Annual Meeting of Stockholders, to be filed no later than 120 days after December 31, 2017, and is incorporated herein by reference.

ITEM 13.  CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR INDEPENDENCE

The information required by Item 13 will be included in our definitive proxy statement relating to our 2018 Annual Meeting of Stockholders, to be filed no later than 120 days after December 31, 2017, and is incorporated herein by reference.

ITEM 14.  PRINCIPAL ACCOUNTING FEES AND SERVICES

The information required by Item 14 will be included in our definitive proxy statement relating to our 2018 Annual Meeting of Stockholders, to be filed no later than 120 days after December 31, 2017, and is incorporated herein by reference.

92


 

PART IV

ITEM 15.  EXHIBITS, FINANCIAL STATEMENT SCHEDULES

(a)

Documents filed as part of this Annual Report or incorporated by reference:

(1)

Our consolidated financial statements are provided under Item 8 of this Annual Report.

(2)

Schedule III—Real Estate and Accumulated Depreciation is included herein at page 89. All other schedules for which provision is made in the applicable accounting regulation of the Securities and Exchange Commission are not required under the related instructions or are inapplicable and therefore have been omitted.

(b)

The following exhibits are filed with this Annual Report or incorporated by reference, as indicated:

Exhibit
Number

    

Description

3.1

 

Articles of Amendment and Restatement of CoreSite Realty Corporation.(1)

3.2

 

Articles Supplementary of CoreSite Realty Corporation—7.25% Series A Cumulative Redeemable Preferred Stock.(8)

3.3

 

Amended and Restated Bylaws of CoreSite Realty Corporation.(20)

4.1

 

Specimen certificate representing the Common Stock of CoreSite Realty Corporation.(2)

10.1

 

Amended and Restated Agreement of Limited Partnership of CoreSite, L.P., dated as of December 12, 2012.(8)

10.2

 

2010 Equity Incentive Award Plan (As Amended and Restated).(11)*

10.3

 

Form of 2010 Equity Incentive Award Plan Restricted Stock Unit Award Agreement.(1)*

10.4

 

Form of 2010 Equity Incentive Award Plan Stock Option Agreement.(1)*

10.5

 

Form of 2010 Equity Incentive Award Plan Restricted Stock Award Agreement.(1)*

10.6

 

Form of 2010 Equity Incentive Award Plan Restricted Stock Unit Agreement for Non‑Employee Directors.(1)*

10.7

 

Form of Indemnification Agreement for directors and officers of CoreSite Realty Corporation.(1)*

10.8

 

Registration Rights Agreement among CoreSite Realty Corporation and the holders listed therein, dated as of September 28, 2010.(3)

10.9

 

Tax Protection Agreement among CoreSite Realty Corporation and the persons named therein, dated as of September 28, 2010.(3)

10.10

 

Contribution Agreement among CoreSite Realty Corporation, CoreSite, L.P. and the persons named therein, dated as of September 28, 2010.(3)

10.11

 

Lease between Hines REIT One Wilshire Services, Inc. and CRG West One Wilshire, L.L.C., dated as of August 1, 2007.(1)

10.12

 

First Amendment to Lease between Hines REIT One Wilshire Services, Inc. and CoreSite One Wilshire, L.L.C. (formerly known as CRG West One Wilshire, L.L.C.), dated as of January 9, 2013.(9)

10.13

 

Lease between Hines REIT One Wilshire, LP and CRG West One Wilshire, L.L.C., dated as of August 1, 2007.(1)

10.14

 

First Amendment to Lease between Hines REIT One Wilshire, LP and CRG West One Wilshire, L.L.C., dated as of May 1, 2008.(1)

10.15

 

Second Amendment to Lease between Hines REIT One Wilshire LP and CoreSite One Wilshire, L.L.C. (formerly known as CRG West One Wilshire, L.L.C.), dated as of November 5, 2009.(8)

10.16

 

Third Amendment to Lease between Hines REIT One Wilshire LP and CoreSite One Wilshire L.L.C. (formerly known as CRG West One Wilshire, L.L.C.), dated as of June 15, 2011(8).

10.17

 

Fourth Amendment to Lease between Hines REIT One Wilshire LP and CoreSite One Wilshire, L.L.C. (formerly known as CRG West One Wilshire, L.L.C.), dated as of January 9, 2013.(9)

10.18

 

Fifth Amendment to Lease between GI TC One Wilshire, LLC (formerly known as Hines REIT One Wilshire LP) and CoreSite One Wilshire, L.L.C. (formerly known as CRG West One Wilshire, L.L.C.), dated as of May 29, 2015.(13)

 

 

 

93


 

10.19

 

Sixth Amendment to Lease between GI TC One Wilshire, LLC and CoreSite One Wilshire, L.L.C., effective as of May 31, 2016.(16)

10.20

 

Form of Restricted Stock Agreement.(3)*

10.21

 

Form of Restricted Unit Agreement.(1)*

10.22

 

Form of Management Rights Agreement.(1)*

10.23

 

CoreSite Realty Corporation and CoreSite, L.P. Senior Management Severance and Change in Control Program.(1)*

10.24

 

Employment Agreement between CoreSite L.L.C. and Jeffrey S. Finnin, dated as of January 4, 2011.(4)*

10.25

 

Employment Agreement between CoreSite L.L.C. and Derek McCandless, dated as of February 7, 2011.(5)*

10.26

 

Employment Agreement between CoreSite L.L.C. and Steve Smith, dated April 20, 2015.(10)*

10.27

 

Employment Offer Letter between CoreSite L.L.C. and Brian Warren, dated as of September 25, 2011.(15)*

10.28

 

Employment Agreement between CoreSite L.L.C. and Paul E. Szurek, dated as of July 27, 2016.(18)*

10.29

 

Third Amended and Restated Credit Agreement, among CoreSite, L.P., the subsidiary borrowers party thereto, KeyBank National Association, as administrative agent and a lender, the other lenders party thereto, Regions Bank and TD Securities (USA) LLC, as co‑documentation agents, RBC Capital Markets, LLC, as syndication agent, and Keybanc Capital Markets, Regions Capital Markets, RBC Capital Markets, LLC and TD Securities (USA) LLC as joint lead arrangers and joint book managers, dated as of June 24, 2015.(6)

10.30

 

First Amendment to Third Amended and Restated Credit Agreement among CoreSite, L.P., the subsidiary borrowers party thereto, KeyBank National Association, as administrative agent and a lender, and the other lenders party thereto, dated as of February 2, 2016.(14)

10.31

 

Second Amendment to Third Amended and Restated Credit Agreement among CoreSite, L.P., the subsidiary borrowers party thereto, KeyBank National Association, as administrative agent and a lender, and the other lenders party thereto, dated as of June 15, 2016.(17)

10.32

 

Third Amendment to Third Amended and Restated Credit Agreement among CoreSite, L.P., as borrower, KeyBank National Association, as administrative agent, on behalf of itself and certain other lenders party thereto, dated as pf April 19. 2017.(22) 

10.33

 

Joinder Agreement among CoreSite, L.P., the subsidiary borrowers party thereto, Toronto Dominion (Texas) LLC and KeyBank National Association, as administrative agent for the lenders thereunder, dated as of June 28, 2013.(12)

10.34

 

Joinder Agreement among CoreSite, L.P., the subsidiary borrowers party thereto, Wells Fargo Bank, National Association and KeyBank National Association, as administrative agent for the lenders thereunder, dated as of June 28, 2013.(12)

10.35

 

2017 Executive Short‑Term Incentive Plan.(23)*

10.36

 

Amended and Restated Term Loan Agreement among CoreSite, L.P., as borrower, Royal Bank of Colorado, as administrative agent, on behalf of itself and certain other lenders, and other lenders party thereto, dated as of April 19, 2017.(22)

10.37

 

Note Purchase Agreement among CoreSite Realty Corporation, CoreSite, L.P. and the purchasers listed on the Purchaser Schedule thereto, dated as of June 15, 2016.(17)

10.38

 

Amended and Restated Non‑Employee Director Compensation Policy.(19)

10.39

 

Note Purchase Agreement by and among CoreSite Realty Corporation, CoreSite, L.P., and the purchasers listed on the Purchasers Schedule thereto, dated as of April 21, 2017.(22)

12.1

 

Computation of Ratio of Earnings to Fixed Charges.

12.2

 

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends.

21.1

 

Subsidiaries of CoreSite Realty Corporation.

23.1

 

Consent of KPMG LLP.

31.1

 

Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.

31.2

 

Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002.

32.1

 

Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.

32.2

 

Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350, as Adopted Pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002.

94


 

101.INS

 

XBRL Instance Document.

101.SCH

 

XBRL Taxonomy Extension Schema Document.

101.CAL

 

XBRL Taxonomy Extension Calculation Linkbase Document.

101.LAB

 

XBRL Taxonomy Extension Label Linkbase Document.

101.PRE

 

XBRL Taxonomy Extension Presentation Linkbase Document.

101.DEF

 

XBRL Taxonomy Extension Definition Linkbase Document.


*Represents management contract or compensatory plan or agreement.

(1)

Incorporated by reference to our Registration Statement (Amendment No. 7) on Form S‑11 (Registration No. 333‑166810) filed on September 22, 2010.

(2)

Incorporated by reference to our Post‑Effective Amendment to our Registration Statement on Form S‑11 (Registration No. 333‑166810) filed on September 22, 2010.

(3)

Incorporated by reference to our Current Report on Form 8‑K filed on October 1, 2010.

(4)

Incorporated by reference to our Current Report on Form 8‑K filed on January 6, 2011.

(5)

Incorporated by reference to our Current Report on Form 8‑K filed on February 11, 2011.

(6)

Incorporated by reference to our Current Report on Form 8‑K filed on June 25, 2015.

(7)

Incorporated by reference to our Current Report on Form 8‑K filed on December 18, 2012.

(8)

Incorporated by reference to our Current Report on Form 8‑K filed on November 2, 2012.

(9)

Incorporated by reference to our Current Report on Form 8‑K filed on January 14, 2013.

(10)

Incorporated by reference to our Quarterly Report on Form 10‑Q filed on April 24, 2015.

(11)

Incorporated by reference to our Current Report on Form 8‑K filed on May 24, 2013.

(12)

Incorporated by reference to our Current Report on Form 8‑K filed on June 28, 2013.

(13)

Incorporated by reference to our Current Report on Form 8‑K filed on June 4, 2015.

(14)

Incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K filed on February 3, 2016.

(15)

Incorporated by reference to our Quarterly Report on Form 10‑Q filed on April 29, 2016.

(16)

Incorporated by reference to Exhibit 10.1 to our Current Report on Form 8-K filed on June 2, 2016.

(17)

Incorporated by reference to our Current Report on Form 8-K filed on June 16, 2016.

(18)

Incorporated by reference to our Current Report on Form 8-K filed July 28, 2016.

(19)

Incorporated by reference to Exhibit 10.32 to our Annual Report on Form 10-K filed on February 12, 2016.

(20)

Incorporated by reference to Exhibit 3.1 to our Current Report on Form 8-K filed on March 9, 2017.

(21)

Incorporated by reference to our Current Report on Form 8-K filed on April 20, 2017.

(22)

Incorporated by reference to our Quarterly Report on Form 10-Q filed on April 28, 2017.

95


 

 

ITEM 16.  FORM 10-K SUMMARY

Not applicable.

96


 

SIGNATURES

Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

 

 

Dated: February 9, 2018

CORESITE REALTY CORPORATION

 

 

 

By:

/s/ Paul E. Szurek

 

 

Paul E. Szurek

 

 

President and Chief Executive Officer

 

Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

Signature

    

Title

   

Date

 

 

 

 

 

/s/ Paul E. Szurek

 

President and Chief Executive Officer

 

February 9, 2018

Paul E. Szurek

 

(Principal Executive Officer) and Director

 

 

 

 

 

 

/s/ Jeffrey S. Finnin

 

Chief Financial Officer (Principal Financial

and Accounting Officer)

 

February 9, 2018

Jeffrey S. Finnin

 

 

 

 

 

 

 

/s/ Robert G. Stuckey

 

Chairman of the Board of Directors

 

February 9, 2018

Robert G. Stuckey

 

 

 

 

 

 

 

/s/ James A. Attwood, Jr.

 

Director

 

February 9, 2018

James A. Attwood, Jr.

 

 

 

 

 

 

 

/s/ Jean A. Bua

 

Director

 

February 9, 2018

Jean A. Bua

 

 

 

 

 

 

 

/s/ Kelly C. Chambliss

 

Director

 

February 9, 2018

Kelly C. Chambliss

 

 

 

 

 

 

 

/s/ Michael R. Koehler

 

Director

 

February 9, 2018

Michael R. Koehler

 

 

 

 

 

 

 

/s/ J. David Thompson

 

Director

 

February 9, 2018

J. David Thompson

 

 

 

 

 

 

 

/s/ David A. Wilson

 

Director

 

February 9, 2018

David A. Wilson

 

 

 

 

 

 

97


EX-12.1 2 cor-20171231ex121c347c2.htm EX-12.1 cor_Ex12_1

Exhibit 12.1

Computation of Ratio of Earnings to Fixed Charges

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2017

 

2016

 

2015

 

2014

 

2013

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net income

   

$

100,491

   

$

81,921

   

$

56,859

   

$

40,052

   

$

31,612

 Add: Fixed charges

 

 

32,315

 

 

21,484

 

 

15,184

 

 

14,639

 

 

12,016

 Add: Amortization of capitalized interest

 

 

2,306

 

 

1,936

 

 

1,545

 

 

1,128

 

 

679

 Less: Capitalized interest

 

 

(3,282)

 

 

(4,121)

 

 

(3,698)

 

 

(4,633)

 

 

(4,362)

Total earnings

 

$

131,830

 

$

101,220

 

$

69,890

 

$

51,186

 

$

39,945

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Interest expense (including amortization of deferred financing costs)

 

$

24,147

 

$

12,612

 

$

7,104

 

$

5,311

 

$

2,689

 Capitalized interest

 

 

3,282

 

 

4,121

 

 

3,698

 

 

4,633

 

 

4,362

 Interest within rental expense

 

 

4,886

 

 

4,751

 

 

4,382

 

 

4,695

 

 

4,965

Total fixed charges

 

$

32,315

 

$

21,484

 

$

15,184

 

$

14,639

 

$

12,016

Ratio of earnings to combined fixed charges

 

 

4.08

 

 

4.71

 

 

4.60

 

 

3.50

 

 

3.32

 

 


EX-12.2 3 cor-20171231ex122c810d7.htm EX-12.2 cor_Ex12_2

Exhibit 12.2

Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

2017

 

2016

 

2015

 

2014

 

2013

Earnings:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Net income

 

$

100,491

 

$

81,921

 

$

56,859

 

$

40,052

 

$

31,612

 Add: Fixed charges

 

 

32,315

 

 

21,484

 

 

15,184

 

 

14,639

 

 

12,016

 Add: Amortization of capitalized interest

 

 

2,306

 

 

1,936

 

 

1,545

 

 

1,128

 

 

679

 Less: Capitalized interest

 

 

(3,282)

 

 

(4,121)

 

 

(3,698)

 

 

(4,633)

 

 

(4,362)

Total earnings

 

$

131,830

 

$

101,220

 

$

69,890

 

$

51,186

 

$

39,945

Fixed charges:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 Interest expense (including amortization of deferred financing costs)

 

$

24,147

 

$

12,612

 

$

7,104

 

$

5,311

 

$

2,689

 Capitalized interest

 

 

3,282

 

 

4,121

 

 

3,698

 

 

4,633

 

 

4,362

 Interest within rental expense

 

 

4,886

 

 

4,751

 

 

4,382

 

 

4,695

 

 

4,965

Total fixed charges

 

 

32,315

 

 

21,484

 

 

15,184

 

 

14,639

 

 

12,016

Preferred stock dividend requirements

 

 

7,924

 

 

8,338

 

 

8,338

 

 

8,338

 

 

8,338

Combined fixed charges and preferred stock dividends

 

$

40,239

 

$

29,822

 

$

23,522

 

$

22,977

 

$

20,354

Ratio of earnings to combined fixed charges and preferred stock dividends

 

 

3.28

 

 

3.39

 

 

2.97

 

 

2.23

 

 

1.96

 

 

 


EX-21.1 4 cor-20171231ex211fdbfb1.htm EX-21.1 cor_Ex21_1

Exhibit 21.1

Subsidiaries of CoreSite Realty Corporation

 

Name

 

Jurisdiction

CoreSite, L.P.

 

DE

CoreSite, L.L.C.

 

DE

CoreSite Data Center Services, Inc.

 

DE

CoreSite Development Services, Inc.

 

DE

CoreSite 1099 14th Street NW, L.L.C.

 

DE

CoreSite 1275 K Street, L.L.C.

 

DE

CoreSite 32 Avenue of the Americas, L.L.C.

 

DE

CoreSite Denver, L.L.C.

 

CO

CoreSite One Wilshire, L.L.C.

 

DE

CoreSite Real Estate 12100 Sunrise Valley Drive, L.L.C.

 

DE

CoreSite Real Estate 1656 McCarthy GP, L.L.C.

 

DE

CoreSite Real Estate 1656 McCarthy, L.L.C.

 

DE

CoreSite Real Estate 1656 McCarthy, L.P.

 

DE

CoreSite Real Estate 2 Emerson Lane, L.L.C.

 

DE

CoreSite Real Estate 2115 NW 22nd Street, L.L.C.

 

DE

CoreSite Real Estate 2901 Coronado GP, L.L.C.

 

DE

CoreSite Real Estate 2901 Coronado, L.P.

 

DE

CoreSite Real Estate 2950 Stender GP, L.L.C.

 

DE

CoreSite Real Estate 2950 Stender, L.P.

 

DE

CoreSite Real Estate 2972 Stender GP, L.L.C.

 

DE

CoreSite Real Estate 2972 Stender, L.P.

 

DE

CoreSite Real Estate 3001 Coronado GP, L.L.C.

 

DE

CoreSite Real Estate 3001 Coronado, L.P.

 

DE

CoreSite Real Estate 3032 Coronado GP, L.L.C.

 

DE

CoreSite Real Estate 3032 Coronado, L.P.

 

DE

CoreSite Real Estate 3045 Stender GP, L.L.C.

 

DE

CoreSite Real Estate 3045 Stender, L.P.

 

DE

CoreSite Real Estate 427 S. LaSalle, L.L.C.

 

DE

CoreSite Real Estate 55 S. Market Street, L.L.C.

 

DE

CoreSite Real Estate 70 Innerbelt, L.L.C.

 

DE

CoreSite Real Estate 900 N. Alameda GP, L.L.C.

 

DE

CoreSite Real Estate 900 N. Alameda, L.P.

 

DE

CoreSite Real Estate CH2, L.L.C.

 

DE

CoreSite Real Estate Sunrise Technology Park, L.L.C.

 

DE

Comfluent Acquisition, L.L.C.

 

DE

US Colo Holding Company, L.L.C.

 

DE

 


EX-23.1 5 cor-20171231ex23192582f.htm EX-23.1 cor_Ex23_1

Exhibit 23.1

Consent of Independent Registered Public Accounting Firm

The Board of Directors
CoreSite Realty Corporation:

 

We consent to the incorporation by reference in the registration statements on Form S‑3 (Nos. 333-221023 and 333‑177052) and Form S‑8 (Nos. 333‑190142 and 333‑169610) of CoreSite Realty Corporation of our report dated February 9, 2018, with respect to the consolidated balance sheets of CoreSite Realty Corporation as of December 31, 2017 and 2016, and the related consolidated statements of operations, comprehensive income, equity, and cash flows for each of the years in the three‑year period ended December 31, 2017, and the related notes, and the financial statement schedule, Schedule III – Real Estate and Accumulated Depreciation (collectively, the “consolidated financial statements”), and the effectiveness of internal control over financial reporting as of December 31, 2017, which report appears in the December 31, 2017 Annual Report on Form 10‑K of CoreSite Realty Corporation.

 

/s/KPMG LLP

 

Denver, Colorado
February 9, 2018

 


EX-31.1 6 cor-20171231ex311ca1b08.htm EX-31.1 cor_Ex31_1

Exhibit 31.1

Certification of Chief Executive Officer

Pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002

I, Paul E. Szurek, certify that:

1.I have reviewed this annual report on Form 10‑K of CoreSite Realty Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a‑15(e) and 15d‑15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a‑15(f) and 15d‑15(f)) for the registrant and have:

a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: February 9, 2018

 

 

 

 

 

 

 

By:

/s/ Paul E. Szurek

 

 

Paul E. Szurek

 

 

President and Chief Executive Officer

 

 

(Principal Executive Officer)

 


EX-31.2 7 cor-20171231ex3127f933c.htm EX-31.2 cor_Ex31_2

Exhibit 31.2

Certification of Chief Financial Officer

Pursuant to Section 302 of the Sarbanes‑Oxley Act of 2002

I, Jeffrey S. Finnin, certify that:

1.I have reviewed this annual report on Form 10‑K of CoreSite Realty Corporation;

2.Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;

3.Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;

4.The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a‑15(e) and 15d‑15(e)) and internal control over financial reporting (as defined in Exchange Act Rules 13a‑15(f) and 15d‑15(f)) for the registrant and have:

a)Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;

b)Designed such internal control over financial reporting, or caused such internal control over financial reporting to be designed under our supervision, to provide reasonable assurance regarding the reliability of financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles;

c)Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and

d)Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

5.The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

a)All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and

b)Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

Dated: February 9, 2018

 

 

 

 

 

 

 

By:

/s/ Jeffrey S. Finnin

 

 

Jeffrey S. Finnin

 

 

Chief Financial Officer

 

 

(Principal Financial Officer)

 


EX-32.1 8 cor-20171231ex321755c4c.htm EX-32.1 cor_Ex32_1

Exhibit 32.1

Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350,

as Adopted Pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002

Pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002, the undersigned officer of CoreSite Realty Corporation (the “Company”) hereby certifies, to such officer’s knowledge, that:

(i)The accompanying Annual Report on Form 10‑K of the Company for the year ended December 31, 2017 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(ii)The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company for the period covered by the Report.

Dated: February 9, 2018

 

 

 

 

 

/s/ Paul E. Szurek

 

Paul E. Szurek

 

President and Chief Executive Officer

 


EX-32.2 9 cor-20171231ex322f0c20e.htm EX-32.2 cor_Ex32_2


 

Exhibit 32.2

Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350,

as Adopted Pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002

Pursuant to 18 U.S.C. § 1350, as adopted pursuant to Section 906 of the Sarbanes‑Oxley Act of 2002, the undersigned officer of CoreSite Realty Corporation (the “Company”) hereby certifies, to such officer’s knowledge, that:

(i)The accompanying Annual Report on Form 10‑K of the Company for the year ended December 31, 2017 (the “Report”) fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934, as amended; and

(ii)The information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company for the period covered by the Report.

Dated: February 9, 2018

 

 

 

 

 

/s/ Jeffrey S. Finnin

 

Jeffrey S.  Finnin

 

Chief Financial Officer

 


GRAPHIC 10 cor20171231x10k001.jpg GRAPHIC begin 644 cor20171231x10k001.jpg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cor-20171231.xml EX-101.INS 0001490892 cor:SeniorUnsecuredTermLoan2021Member 2016-02-02 0001490892 cor:CreditAgreementMember cor:SeniorUnsecuredTermLoanMember 2015-06-24 0001490892 cor:SeniorUnsecuredTermLoan2020Member 2015-06-24 0001490892 us-gaap:PreferredStockMember 2017-01-01 2017-12-31 0001490892 us-gaap:SeriesAPreferredStockMember 2017-12-12 2017-12-12 0001490892 us-gaap:ParentMember 2017-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2017-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2017-12-31 0001490892 us-gaap:PreferredStockMember 2016-12-31 0001490892 us-gaap:ParentMember 2016-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2016-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2016-12-31 0001490892 us-gaap:PreferredStockMember 2015-12-31 0001490892 us-gaap:ParentMember 2015-12-31 0001490892 us-gaap:NoncontrollingInterestMember 2015-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2015-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2015-12-31 0001490892 us-gaap:PreferredStockMember 2014-12-31 0001490892 us-gaap:ParentMember 2014-12-31 0001490892 us-gaap:NoncontrollingInterestMember 2014-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2014-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2014-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2014-12-31 0001490892 us-gaap:CommonStockMember 2017-12-31 0001490892 us-gaap:CommonStockMember 2016-12-31 0001490892 us-gaap:CommonStockMember 2015-12-31 0001490892 us-gaap:CommonStockMember 2014-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2017-01-01 2017-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2016-01-01 2016-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2015-01-01 2015-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2014-01-01 2014-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2014-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2017-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2016-12-31 0001490892 us-gaap:EmployeeStockOptionMember us-gaap:WeightedAverageMember 2015-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2017-12-31 0001490892 us-gaap:PerformanceSharesMember 2016-12-31 0001490892 us-gaap:PerformanceSharesMember 2015-12-31 0001490892 us-gaap:PerformanceSharesMember 2014-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MinimumMember 2017-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2017-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2017-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MinimumMember 2016-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2016-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2016-12-31 0001490892 cor:RestrictedAwardsMember 2016-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MinimumMember 2015-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2015-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2015-12-31 0001490892 cor:RestrictedAwardsMember 2015-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2014-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2014-12-31 0001490892 cor:RestrictedAwardsMember 2014-12-31 0001490892 us-gaap:PerformanceSharesMember 2017-01-01 2017-12-31 0001490892 us-gaap:PerformanceSharesMember 2016-01-01 2016-12-31 0001490892 us-gaap:PerformanceSharesMember 2015-01-01 2015-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2017-01-01 2017-12-31 0001490892 cor:RestrictedAwardsMember 2017-01-01 2017-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2016-01-01 2016-12-31 0001490892 cor:RestrictedAwardsMember 2016-01-01 2016-12-31 0001490892 cor:RestrictedAwardsMember 2015-01-01 2015-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:WeightedAverageMember 2017-01-01 2017-12-31 0001490892 cor:RestrictedAwardsMember us-gaap:WeightedAverageMember 2017-01-01 2017-12-31 0001490892 us-gaap:PartnershipInterestMember us-gaap:NoncontrollingInterestMember 2017-12-31 0001490892 cor:Sv8SantaClaraCaMember 2017-12-31 0001490892 cor:DC2WashingtonDCMember 2017-12-31 0001490892 cor:VA2RestonVAMember 2017-12-31 0001490892 cor:VA1RestonVAMember 2017-12-31 0001490892 cor:Sv6SantaClaraCaMember 2017-12-31 0001490892 cor:SV5SantaClaraCAMember 2017-12-31 0001490892 cor:SV4SantaClaraCAMember 2017-12-31 0001490892 cor:SV3SantaClaraCAMember 2017-12-31 0001490892 cor:SV2MilpitasCAMember 2017-12-31 0001490892 cor:SV1SanJoseCAMember 2017-12-31 0001490892 cor:SantaClaraCampusPropertiesSantaClaraCAMember 2017-12-31 0001490892 cor:RestonCampusExpansionMember 2017-12-31 0001490892 cor:NY2SecaucusNJMember 2017-12-31 0001490892 cor:NY1NewYorkNYMember 2017-12-31 0001490892 cor:MI1MiamiFLMember 2017-12-31 0001490892 cor:LA2LosAngelesCAMember 2017-12-31 0001490892 cor:LA1LosAngelesCAMember 2017-12-31 0001490892 cor:DE2DenverCOMember 2017-12-31 0001490892 cor:DE1DenverCOMember 2017-12-31 0001490892 cor:DC1WashingtonDCMember 2017-12-31 0001490892 cor:CH1ChicagoILMember 2017-12-31 0001490892 cor:BO1SomervilleMAMember 2017-12-31 0001490892 cor:EquityIncentive2010PlanMember 2017-01-01 2017-12-31 0001490892 cor:EquityIncentive2010PlanMember 2016-01-01 2016-12-31 0001490892 us-gaap:SeriesAPreferredStockMember 2012-12-12 0001490892 us-gaap:PartnershipInterestMember cor:SeniorUnsecuredTermLoan2019Member us-gaap:InterestRateSwapMember 2016-12-31 0001490892 2018-01-01 2018-01-31 0001490892 2017-08-29 2017-08-29 0001490892 2016-11-10 2016-11-10 0001490892 cor:CarlyleGroupMember us-gaap:PartnershipInterestMember 2016-01-01 2016-12-31 0001490892 cor:CarlyleGroupMember us-gaap:PartnershipInterestMember 2015-01-01 2015-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2017-01-01 2017-12-31 0001490892 us-gaap:AccountingStandardsUpdate201602Member us-gaap:ScenarioForecastMember 2018-01-01 0001490892 us-gaap:PartnershipInterestMember 2017-12-31 0001490892 us-gaap:PartnershipInterestMember 2017-01-01 2017-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2016-01-01 2016-12-31 0001490892 us-gaap:AccumulatedOtherComprehensiveIncomeMember 2015-01-01 2015-12-31 0001490892 cor:DamagesRelatedToServicesRenderedMember 2015-07-23 2015-07-23 0001490892 cor:DamagesForLossOfRevenueAndOtherCostsMember 2015-07-23 2015-07-23 0001490892 us-gaap:FairValueInputsLevel3Member 2017-12-31 0001490892 us-gaap:FairValueInputsLevel3Member 2016-12-31 0001490892 2017-12-12 2017-12-12 0001490892 us-gaap:PendingLitigationMember us-gaap:MinimumMember 2017-12-31 0001490892 us-gaap:PendingLitigationMember us-gaap:MaximumMember 2017-12-31 0001490892 us-gaap:AccountsPayableAndAccruedLiabilitiesMember us-gaap:PendingLitigationMember 2017-12-31 0001490892 us-gaap:MaximumMember 2016-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember cor:CreditAgreementMember 2015-06-24 0001490892 us-gaap:AccountingStandardsUpdate201602Member 2017-01-01 2017-12-31 0001490892 us-gaap:AccountingStandardsUpdate201602Member us-gaap:ScenarioForecastMember 2018-01-01 2018-12-31 0001490892 us-gaap:CashFlowHedgingMember 2016-01-01 2016-12-31 0001490892 us-gaap:CashFlowHedgingMember 2015-01-01 2015-12-31 0001490892 us-gaap:CashFlowHedgingMember 2014-01-01 2014-12-31 0001490892 us-gaap:PerformanceSharesMember 2017-12-31 0001490892 cor:RestrictedAwardsMember 2017-12-31 0001490892 2017-07-01 2017-09-30 0001490892 2017-04-01 2017-06-30 0001490892 2017-01-01 2017-03-31 0001490892 2016-10-01 2016-12-31 0001490892 2016-07-01 2016-09-30 0001490892 2016-04-01 2016-06-30 0001490892 2016-01-01 2016-03-31 0001490892 us-gaap:NoncontrollingInterestMember 2017-01-01 2017-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2017-01-01 2017-12-31 0001490892 us-gaap:NoncontrollingInterestMember 2016-01-01 2016-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2016-01-01 2016-12-31 0001490892 us-gaap:NoncontrollingInterestMember 2015-01-01 2015-12-31 0001490892 us-gaap:AccumulatedDistributionsInExcessOfNetIncomeMember 2015-01-01 2015-12-31 0001490892 us-gaap:PartnershipInterestMember 2017-12-29 2017-12-29 0001490892 us-gaap:PartnershipInterestMember 2017-09-29 2017-09-29 0001490892 us-gaap:PartnershipInterestMember 2017-06-30 2017-06-30 0001490892 us-gaap:PartnershipInterestMember 2017-03-31 2017-03-31 0001490892 cor:SanFranciscoBayMember 2017-12-31 0001490892 cor:NorthernVirginiaMember 2017-12-31 0001490892 cor:NewYorkMember 2017-12-31 0001490892 cor:MiamiMember 2017-12-31 0001490892 cor:LosAngelesMember 2017-12-31 0001490892 cor:DenverMember 2017-12-31 0001490892 cor:ChicagoMember 2017-12-31 0001490892 cor:BostonMember 2017-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-01-01 2017-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-01-01 2016-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2015-01-01 2015-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:ScenarioForecastMember 2018-01-01 2018-01-01 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2016-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member 2016-02-02 2016-02-02 0001490892 cor:SeniorUnsecuredTermLoan2020Member 2015-06-24 2015-06-24 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2015-04-09 2015-04-09 0001490892 cor:SeniorUnsecuredTermLoan2019Member 2014-01-31 2014-01-31 0001490892 2015-04-09 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2018-04-20 0001490892 cor:SeniorUnsecuredTermLoan2020Member cor:SeniorUnsecuredTermLoanMember 2017-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2015-04-09 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2014-02-03 0001490892 us-gaap:RevolvingCreditFacilityMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember us-gaap:LondonInterbankOfferedRateLIBORMember 2015-04-09 2015-04-09 0001490892 cor:SeniorUnsecuredTermNotes2024Member 2017-12-31 0001490892 cor:SeniorUnsecuredTermNotes2023Member 2017-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember 2016-12-31 0001490892 cor:SeniorUnsecuredTermNotes2023Member 2016-12-31 0001490892 cor:SeniorUnsecuredTermLoan2022Member 2016-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member 2016-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member 2016-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember us-gaap:MinimumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember us-gaap:MinimumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember us-gaap:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember us-gaap:MaximumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2022Member us-gaap:MinimumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2022Member us-gaap:MinimumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2022Member us-gaap:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2022Member us-gaap:MaximumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member us-gaap:MinimumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member us-gaap:MinimumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member us-gaap:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member us-gaap:MaximumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member us-gaap:MinimumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member us-gaap:MinimumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member us-gaap:MaximumMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member us-gaap:MaximumMember us-gaap:BaseRateMember 2017-01-01 2017-12-31 0001490892 us-gaap:RevolvingCreditFacilityMember us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member us-gaap:LondonInterbankOfferedRateLIBORMember 2017-01-01 2017-12-31 0001490892 us-gaap:ConstructionContractsMember 2017-12-31 0001490892 cor:TelecommunicationsCapacityMember 2017-12-31 0001490892 2015-12-31 0001490892 2014-12-31 0001490892 2018-01-31 0001490892 cor:Sv8SantaClaraCaMember 2017-08-29 0001490892 2017-08-29 0001490892 2016-11-10 0001490892 us-gaap:OtherIntangibleAssetsMember 2017-01-01 2017-12-31 0001490892 us-gaap:OtherIntangibleAssetsMember 2016-01-01 2016-12-31 0001490892 us-gaap:OtherIntangibleAssetsMember 2015-01-01 2015-12-31 0001490892 us-gaap:ParentMember 2017-01-01 2017-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2017-01-01 2017-12-31 0001490892 us-gaap:ParentMember 2016-01-01 2016-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2016-01-01 2016-12-31 0001490892 us-gaap:ParentMember 2015-01-01 2015-12-31 0001490892 us-gaap:AdditionalPaidInCapitalMember 2015-01-01 2015-12-31 0001490892 2017-06-30 0001490892 2018-02-07 0001490892 us-gaap:PerformanceSharesMember cor:EquityIncentive2010PlanMember 2017-01-01 2017-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2017-01-01 2017-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2016-01-01 2016-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2016-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2015-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2014-12-31 0001490892 us-gaap:EmployeeStockOptionMember 2015-01-01 2015-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MinimumMember 2017-01-01 2017-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2017-01-01 2017-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MinimumMember 2016-01-01 2016-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2016-01-01 2016-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MinimumMember 2015-01-01 2015-12-31 0001490892 us-gaap:PerformanceSharesMember us-gaap:MaximumMember 2015-01-01 2015-12-31 0001490892 us-gaap:PerformanceSharesMember cor:TargetMember 2015-01-01 2015-12-31 0001490892 cor:Sv8SantaClaraCaMember 2017-08-29 2017-08-29 0001490892 us-gaap:BuildingMember us-gaap:MinimumMember 2017-01-01 2017-12-31 0001490892 us-gaap:BuildingMember us-gaap:MaximumMember 2017-01-01 2017-12-31 0001490892 us-gaap:BuildingImprovementsMember us-gaap:MinimumMember 2017-01-01 2017-12-31 0001490892 us-gaap:BuildingImprovementsMember us-gaap:MaximumMember 2017-01-01 2017-12-31 0001490892 us-gaap:SeriesAPreferredStockMember 2017-12-12 0001490892 us-gaap:SeriesAPreferredStockMember 2012-12-12 2012-12-12 0001490892 cor:SeniorUnsecuredTermNotes2024Member 2017-04-20 0001490892 cor:SeniorUnsecuredTermNotes2023Member 2016-06-15 0001490892 us-gaap:PerformanceSharesMember cor:EquityIncentive2010PlanMember us-gaap:MinimumMember 2017-01-01 2017-12-31 0001490892 us-gaap:PerformanceSharesMember cor:EquityIncentive2010PlanMember us-gaap:MaximumMember 2017-01-01 2017-12-31 0001490892 cor:EquityIncentive2010PlanMember 2015-01-01 2015-12-31 0001490892 us-gaap:SubsequentEventMember 2018-01-31 0001490892 us-gaap:PreferredStockMember 2017-01-31 0001490892 us-gaap:CommonStockMember 2017-01-31 0001490892 us-gaap:PreferredStockMember 2016-01-31 0001490892 us-gaap:CommonStockMember 2016-01-31 0001490892 us-gaap:NoncontrollingInterestMember 2017-12-31 0001490892 cor:CoresiteRealtyCorporationMember 2017-12-31 0001490892 us-gaap:NoncontrollingInterestMember 2016-12-31 0001490892 cor:CoresiteRealtyCorporationMember 2016-12-31 0001490892 cor:Dc2WashingtonDcMember 2017-02-23 2017-02-23 0001490892 us-gaap:PartnershipInterestMember us-gaap:NoncontrollingInterestMember 2017-01-01 2017-12-31 0001490892 us-gaap:CommonStockMember 2017-01-01 2017-12-31 0001490892 us-gaap:PartnershipInterestMember us-gaap:NoncontrollingInterestMember 2016-01-01 2016-12-31 0001490892 us-gaap:PartnershipInterestMember 2016-01-01 2016-12-31 0001490892 us-gaap:CommonStockMember 2016-01-01 2016-12-31 0001490892 us-gaap:PartnershipInterestMember us-gaap:NoncontrollingInterestMember 2015-01-01 2015-12-31 0001490892 us-gaap:PartnershipInterestMember 2015-01-01 2015-12-31 0001490892 us-gaap:CommonStockMember 2015-01-01 2015-12-31 0001490892 cor:CreditAgreementMember 2015-06-24 0001490892 cor:SeniorUnsecuredTermLoan2022Member 2017-04-19 0001490892 cor:SeniorUnsecuredTermLoan2019Member 2014-01-31 0001490892 2015-01-01 2015-12-31 0001490892 us-gaap:MinimumMember 2017-01-01 2017-12-31 0001490892 us-gaap:PreferredStockMember 2017-12-31 0001490892 us-gaap:CommonStockMember 2017-12-31 0001490892 us-gaap:PreferredStockMember 2016-12-31 0001490892 us-gaap:CommonStockMember 2016-12-31 0001490892 us-gaap:PreferredStockMember 2015-12-31 0001490892 us-gaap:CommonStockMember 2015-12-31 0001490892 us-gaap:InterestRateSwapMember us-gaap:CashFlowHedgingMember us-gaap:DesignatedAsHedgingInstrumentMember 2017-04-21 2017-04-21 0001490892 us-gaap:RevolvingCreditFacilityMember 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2022Member 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2021Member 2017-12-31 0001490892 cor:SeniorUnsecuredTermLoan2020Member 2017-12-31 0001490892 cor:CreditAgreementMember us-gaap:MinimumMember 2017-12-31 0001490892 cor:CreditAgreementMember 2017-12-31 0001490892 cor:CreditAgreementMember 2015-06-24 2015-06-24 0001490892 cor:TelecommunicationsCapacityMember us-gaap:ScenarioForecastMember 2018-01-01 2018-12-31 0001490892 us-gaap:CommonStockMember 2017-01-01 2017-12-31 0001490892 us-gaap:CommonStockMember 2016-01-01 2016-12-31 0001490892 2017-10-01 2017-12-31 0001490892 us-gaap:PartnershipInterestMember cor:SeniorUnsecuredTermLoan2022Member 2017-12-31 0001490892 us-gaap:PartnershipInterestMember cor:SeniorUnsecuredTermLoan2022Member us-gaap:InterestRateSwapMember 2017-12-31 0001490892 us-gaap:PartnershipInterestMember cor:SeniorUnsecuredTermLoan2020Member us-gaap:InterestRateSwapMember 2017-12-31 0001490892 2017-01-01 2017-12-31 0001490892 2016-01-01 2016-12-31 0001490892 2017-12-31 0001490892 2016-12-31 utr:acre utr:sqft xbrli:shares xbrli:pure cor:item iso4217:USD xbrli:shares iso4217:USD 1698000 532000 2080000 714000 382000 182000 5439000 5608000 P5Y8M12D <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">4. Acquired Intangible Assets and Liabilities</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We did not add new intangible assets or liabilities during the year ended December 31, 2017. During the year ended December 31, 2016, through the acquisition of the Reston Campus Expansion, we added $7.5 million of new intangible assets and $0.4 million of new intangible liabilities with a weighted average life of &nbsp;4.3 years and 5.7 years, respectively. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Above-market and below-market lease intangibles and other intangibles balances at December 31, 2017, and 2016, are as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Lease contracts above-market value</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 714</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 2,080</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&nbsp; </font></p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accumulated amortization</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (532)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (1,698)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Lease contracts above-market value, net</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 182</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 382</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Lease contracts below-market value</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 9,102</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 9,731</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accumulated amortization</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (5,608)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (5,439)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Lease contracts below-market value, net</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 3,494</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 4,292</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Other identified intangible assets</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 14,174</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 20,218</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accumulated amortization</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (8,053)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (10,687)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Other identified intangible assets, net</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 6,121</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 9,531</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:12pt 0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The net effect of amortization of acquired above&#8209;market and below&#8209;market leases resulted in an increase to rental revenue of &nbsp;$0.6&nbsp;million, $0.5&nbsp;million, and $0.5&nbsp;million, for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively. The estimated amortization of acquired below&#8209;market leases, net of acquired above&#8209;market leases for each of the five succeeding fiscal years, which will be a net increase to rental revenue, is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Year&nbsp;Ending&nbsp;December</font><font style="display:inline;font-family:Calibri;font-weight:bold;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;font-size:8pt;">31, </font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Calibri;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2018</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 456</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2019</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 236</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2020</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 241</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2021</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 234</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2022</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 208</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,937</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 3,312</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Amortization of all other identified intangible assets was $3.4&nbsp;million, $2.0&nbsp;million, and $2.0&nbsp;million, for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively. The estimated amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Year&nbsp;Ending&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2018</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,931</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2019</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,481</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2020</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 897</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2021</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 856</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2022</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 705</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 251</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 6,121</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Acquisition of Investment in Real Estate</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">When accounting for business combinations and asset acquisitions, the fair value of the real estate acquired is allocated to the acquired tangible assets, consisting primarily of land, building and building improvements, and identified intangible assets and liabilities, consisting of the value of above-market and below-market leases, value of in-place leases and the value of customer relationships.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The fair value of the land and building of an acquired property is determined by valuing the property as if it were vacant, and the &#x201C;as-if-vacant&#x201D; fair value is then allocated to land and building based on management&#x2019;s determination of the fair values of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The fair value of intangibles related to in-place leases includes the value of lease intangibles for above-market and below-market leases, lease origination costs, and customer relationships, determined on a lease-by-lease basis. Above-market and below-market leases are valued based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management's estimate of market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of the lease and, for below-market leases, over a time period equal to the initial term plus any below-market fixed rate renewal periods. Lease origination costs include estimates of costs avoided associated with leasing the property, including tenant allowances and improvements and leasing commissions. Customer relationship intangibles relate to the additional revenue opportunities expected to be generated through interconnection services and utility services to be provided to the in-place lease tenants. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The capitalized values for above and below-market lease intangibles, lease origination costs, and customer relationships are amortized over the term of the underlying leases or the expected customer relationship. Amortization related to above-market and below-market leases where the Company is the lessor is recorded as either a reduction of or an increase to rental revenue, amortization related to above-market and below-market leases where the Company is the lessee is recorded as either a reduction of or an increase to rent expense. If a lease is terminated prior to its stated expiration, all unamortized amounts relating to that lease are written off. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The carrying value of intangible assets is reviewed for impairment in connection with its respective asset group whenever events or changes in circumstances indicate that the asset group may not be recoverable. An impairment loss is recognized if the carrying amount of the asset group is not recoverable and its carrying amount exceeds its estimated fair value. No impairment loss related to these intangible assets was recognized for the years ended December 31, 2017, &nbsp;2016, or 2015.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The excess of the cost of an acquired business over the net of the amounts assigned to assets acquired (including identified intangible assets) and liabilities assumed is recorded as goodwill. As of December 31, 2017, and 2016, we had approximately $40.6 million and $41.2&nbsp;million of goodwill, respectively. The Company&#x2019;s goodwill has an indeterminate life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. No impairment loss was recognized for the years ended &nbsp;December 31, 2017, &nbsp;2016, or 2015. During the year ended December 31, 2017, goodwill was reduced by $0.5 million due to the receipt of cash from an escrow account associated with an entity acquired at the time of the Company&#x2019;s initial public offering (&#x201C;IPO&#x201D;).</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year&nbsp;Ending&nbsp;December</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">31, </font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;"> &nbsp; </font></p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,845</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 8,194</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 3,900</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,560</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,019</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,461</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 29,979</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 75000000 50000000 150000000 P6M 0.41 0.44 0 7000000 0.0010 6.5 1.7 0.267 0.267 0.2670 0.267 0.60 1 0.00 0.40 0.139 0.30 1461000 13845000 1019000 1560000 3900000 8194000 0.03 P6M 50000000 1.70 1.81 2.36 1.81 3.04 1.36 0.90 0.90 730000 775000 6121000 400000 185804 250181 177791 302264 192464 88399 44234000 53077000 62293000 18748000 17402000 14440000 17477000 0 100000000 200000000 300000000 800000000 0.90 8500000 8500000 8500000 3007000 3000000 3007000 15011 15011 1.000 1.000 3312000 1937000 456000 208000 234000 241000 236000 25000 7968000 8588000 11848000 1 47227915 33376568 13851347 47662600 33826264 13836336 1.70 1.81 2.36 1.81 2.13 1.36 0.53 0.45 0.80 0.45 0.98 10687000 8053000 9531000 6121000 64965000 2900000 4256000 1.00 1.75 0.25 1.00 1.00 1.00 1.00 1.00 1.00 89495000 111541000 134909000 1.8125 110600000 25.292014 P10Y P1Y P40Y P27Y 1572838000 1658314000 300000 0.91 <div> <div> <p style="margin:12pt 0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The estimated amortization of acquired below&#8209;market leases, net of acquired above&#8209;market leases for each of the five succeeding fiscal years, which will be a net increase to rental revenue, is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Year&nbsp;Ending&nbsp;December</font><font style="display:inline;font-family:Calibri;font-weight:bold;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;font-size:8pt;">31, </font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-family:Calibri;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2018</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 456</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2019</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 236</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2020</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 241</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2021</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 234</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2022</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 208</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,937</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 3,312</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As a lessor, the Company leases data center space and office and light-industrial space under noncancelable operating lease agreements. The future minimum lease payments to be received under noncancelable operating leases in effect at December 31, 2017, are as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year&nbsp;Ending&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 237,706</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 174,763</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 120,834</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 92,684</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 68,259</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 161,525</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 855,771</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:11.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2015</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expected term (in years)</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2.81</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2.83</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2.83</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expected volatility</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23.33</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.29</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.51</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%</font></p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expected annual dividend</font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Risk-free rate</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1.60</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 0.97</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1.02</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%</font></p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:.75pt;color:#000;background-color:#000;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">The fair value of the PSAs assumes reinvestment of dividends.</font></p></td></tr></table></div><div /></div> </div> -1465 -7190 9981 11893 29256 23725 62841 7281 8.48 283964 105267 16323 171416 88944 16323 6.86 8.97 9.99 P3Y 120000000 1706100000 8295000 9086000 8637000 13643000 11802000 51000 126000 176000 37413000 34867000 false --12-31 FY 2017 2017-12-31 10-K 0001490892 34243139 Yes Large Accelerated Filer 2571300000 CoreSite Realty Corp No Yes 25125000 28875000 72519000 77170000 118038000 177566000 -101000 753000 P4Y3M18D 438531000 457495000 7633000 7632000 1000 7633000 9494000 9492000 2000 9494000 9655000 9653000 2000 9655000 209000 1094000 500000 500000 600000 1246000 1333000 1676000 2000000 2000000 3400000 117048 29618 24961 21.75 2 2 2 322000 1400000 1500000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Asset Retirement and Environmental Remediation Obligations</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We record accruals for estimated asset retirement and environmental remediation obligations. The obligations relate primarily to the removal of asbestos during development of properties as well as the estimated equipment removal costs upon termination of a certain lease where we are the lessee. At December 31, 2017, and 2016, the amount included in unearned revenue, prepaid rent and other liabilities on the consolidated balance sheets was approximately $1.5&nbsp;million and $1.4&nbsp;million, respectively.</font> </p><div /></div> </div> 1451303000 1532659000 5439000 5608000 9731000 9102000 4292000 3494000 300000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">3. Acquisitions</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On November 10, 2016, we paid cash consideration of $65.0 million to acquire a 21.75-acre operating light-industrial / flex office park located in Reston, Virginia, referred to as the Reston Campus Expansion. The transaction was accounted for as an asset acquisition. We plan to redevelop the existing buildings into over 611,000 of incremental data center NRSF across multiple phases as existing customers vacate their existing space upon expiration of their leases. The acquisition and redevelopment of the Reston Campus Expansion will extend our position as a multi-tenant data center provider in the Northern Virginia market. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We have accounted for the $0.3 million of cash receipts as ancillary operations which reduces the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On January 29, 2018, we acquired a two-acre land parcel located in downtown Chicago, Illinois, for a purchase price of $4.5 million. We expect to build a 175,000 square foot turn-key data center building on the acquired land parcel, which we refer to as CH2, upon the receipt of necessary entitlements.</font> </p><div /></div> </div> 300000 0 0 10662000 6854000 4429000 5247000 -3808000 -2425000 818000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Cash and Cash Equivalents</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Cash and cash equivalents include all non&#8209;restricted cash held in financial institutions and other non&#8209;restricted highly liquid short&#8209;term investments with original maturities at acquisition of three months or less.</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">16. Commitments and Contingencies</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our properties require periodic investments of capital for general capital improvements and for tenant related capital expenditures. We enter into various construction and equipment contracts with third parties for the development of our properties. At December 31, 2017, we had open commitments related to construction contracts of approximately $113.0&nbsp;million.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Additionally, we have commitments related to telecommunications capacity used to connect data centers located within the same market or geographical area and power usage. At December 31, 2017, we had open commitments related to these contracts of approximately $103.7&nbsp;million, of which $7.0 million is scheduled to be met during the year ended December 31, 2018.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In the ordinary course of business, we are subject to claims and administrative proceedings. Except as described below, we are not presently party to any proceeding, which we believe to be material or which we would expect to have, individually or in the aggregate, a material adverse effect on our business, financial condition, cash flows or results of operations.</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On February 4, 2014, U.S. Colo, LLC (&#x201C;U.S. Colo&#x201D;), a current customer, filed a complaint against us in the United States District Court for the Central District of California.&nbsp;In the complaint, U.S. Colo alleged that it should not have been charged for the use of various interconnection services under the terms of an existing agreement between the parties. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-size:9pt;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On July 23, 2015, after amendments to the complaint, dismissal of several of U.S. Colo&#x2019;s claims, and a remand of the case to the Superior Court of the State of California, County of Los Angeles (the &#x201C;Superior Court&#x201D;), U.S. Colo filed an amended complaint alleging breach of contract and breach of the covenant of good faith and fair dealing.&nbsp;The amended complaint seeks $802,564 in damages for charges paid to us for interconnection services; $70,080,000 in damages for alleged losses of revenue and profits; attorney's fees, interest, and costs of the suit; and declaratory and injunctive relief.</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On February 4, 2016, the Superior Court granted our motion for summary adjudication, finding that U.S. Colo had contractually waived all claims for lost revenue or profits or other consequential damages. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-size:9pt;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The case was set to start trial on July 24, 2017 (after being rescheduled previously), but upon unopposed application by U.S. Colo, the Superior Court vacated the July 24, 2017, trial date, continued the trial date to April 9, 2018, set a final status conference for March 29, 2018, and reset other procedural deadlines in the action. We intend to vigorously defend this legal proceeding.</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">While it is not feasible to predict or determine the outcome of this legal proceeding, as of December 31, 2017, &nbsp;we estimate that the ultimate resolution of this matter and other disputes could result in a loss that is reasonably possible between zero and $2.5&nbsp;million in the aggregate, of which $2.3 million has been accrued in accounts payable and accrued expenses in our consolidated balance sheet as of December 31, 2017.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On July 9, 2015, a purported class action lawsuit was filed in the Superior Court of the State of California, County of Los Angeles, against us, alleging various employment law violations related to overtime, meal and break periods, minimum wage, timely payment of wages, wage statements, payroll records and business expenses. On March 15, 2016, we filed a responsive pleading generally denying the allegations. On July 27, 2016, the parties agreed upon class-wide settlement terms, subject to court approval. On November 28, 2017, the Superior Court granted final approval of the parties&#x2019; settlement, which resolves the matter on a class-wide basis, on behalf of all non-exempt employees in California. The settlement also resolves a related class action lawsuit filed on July 22, 2016, alleging similar claims. As part of the settlement, we agreed&nbsp;to pay&nbsp;$600,000, which was paid on December 12, 2017.</font> </p><div /></div> </div> 0.01 0.01 100000000 100000000 33896771 34240815 33896771 34240815 334000 338000 34639000 59307000 75709000 21724000 23242000 25985000 56363000 82549000 101694000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Concentration of Credit Risks</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our cash and cash equivalents are maintained in various financial institutions, which, at times, may exceed federally insured limits. We have not experienced any losses in such accounts, and management believes that the Company is not exposed to any significant credit risk in this area. We have no off&#8209;balance sheet concentrations of credit risk, such as foreign exchange contracts, option contracts, or foreign currency hedging arrangements.</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Principles of Consolidation and Basis of Presentation</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The accompanying consolidated financial statements have been prepared by our management in accordance with U.S. generally accepted accounting principles (&#x201C;GAAP&#x201D;) and in compliance with the rules and regulations of the U.S. Securities and Exchange Commission. In the opinion of our management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our Operating Partnership meets the definition and criteria of a variable interest entity&nbsp;(&#x201C;VIE&#x201D;) and we are the primary beneficiary of the VIE. Our sole significant asset is the investment in our Operating Partnership, and consequently, substantially all of our assets and liabilities represent those assets and liabilities of our Operating Partnership. Our debt is an obligation of our Operating Partnership where the creditors also have recourse against the credit of the Company.&nbsp;Intercompany balances and transactions have been eliminated upon consolidation.</font> </p><div /></div> </div> 37033000 28805000 32228000 103700000 113000000 89805000 107212000 132820000 0 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">8. Debt</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">A summary of outstanding indebtedness as of December 31, 2017, and 2016, is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Maturity </font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Interest&nbsp;Rate</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Date</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Revolving credit facility</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.11% and 2.32% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">June 24, 2019</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 169,500</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 194,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2020 Senior unsecured term loan</font><font style="display:inline;color:#000000;font-size:9pt;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.00% and 2.60% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">June 24, 2020</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2021 Senior unsecured term loan</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.06% and 2.27% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">February 2, 2021</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 100,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 100,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2022 Senior unsecured term loan</font><font style="display:inline;color:#000000;font-size:9pt;font-size:5pt;top:-4pt;position:relative;line-height:100%">(2)</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.04% and 3.23% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">April 19, 2022</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 200,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 100,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2023 Senior unsecured notes</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">4.19% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">June 15, 2023</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2024 Senior unsecured notes</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.91% at December 31, 2017</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">April 20, 2024</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 175,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Total principal outstanding</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">`</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 944,500</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 694,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Unamortized deferred financing costs</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> (4,930)</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> (3,550)</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Total debt</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 939,570</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 690,450</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;">Our Operating Partnership has in place a swap agreement with respect to the 2020 Term Loan (as defined below) to swap the variable interest rate associated with $75 million, or 50% of the principal amount, of the 2020 Term Loan to a fixed rate of approximately 2.93% per annum at our current leverage ratio. The interest rate on the remaining $75 million of the 2020 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.00%. See &#x201C;Derivatives and Hedging Activities&#x201D; in Note 9 below. &nbsp; &nbsp;</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (2)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;">Our Operating Partnership has in place a swap agreement with respect to the 2022 Term Loan (as defined below) to swap the variable interest rate associated with $50&nbsp;million, or 25% of the principal amount, of the 2022 Term Loan to a fixed rate of approximately 2.98%&nbsp;per annum at our current leverage ratio through January 31, 2019. The interest rate on the remaining $150 million of the 2022 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.04%. See &#x201C;Derivatives and Hedging Activities&#x201D; in Note 9 below. &nbsp; &nbsp;</font></p></td></tr></table></div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Revolving Credit Facility</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On February 2, 2016, our Operating Partnership and certain subsidiary co-borrowers entered into the first amendment to the third amended and restated credit agreement (as amended, the &#x201C;Credit Agreement&#x201D;) with a group of lenders for which KeyBank National Association acts as the administrative agent. The Credit Agreement maturity date is June 24, 2019, with a one-time extension option, which, if exercised, would extend the maturity date to June 24, 2020. The exercise of the extension option is subject to the payment of an extension fee equal to 10 basis points of the total commitment under the Credit Agreement at initial maturity and certain other customary conditions. The Credit Agreement includes&nbsp;a total commitment of&nbsp;$600&nbsp;million, providing for a $350 million revolving credit facility, a &nbsp;$150&nbsp;million unsecured term loan scheduled to mature on June 24, 2020, and a $100 million unsecured term loan scheduled to mature on February 2, 2021. See &#x201C;2020 Senior Unsecured Term Loan&#x201D; and &#x201C;2021 Senior Unsecured Term Loan&#x201D; below for a discussion of the $150 million and $100 million term loans. The Credit Agreement contains an accordion feature, which allows our Operating Partnership to increase the total commitment from $600 million to $800 million, under specified circumstances, including securing capital from new or existing lenders.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Borrowings under the revolving credit facility bear interest at a variable rate per annum equal to either (i) LIBOR plus 155 basis points to 225 basis points, or (ii) a base rate plus 55 basis points to 125 basis points, each depending on our Operating Partnership's leverage ratio. At December 31, 2017, our Operating Partnership&#x2019;s leverage ratio was 26.7% &nbsp;and the interest rate was LIBOR plus 155 basis points.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The total amount available for borrowing under the revolving credit facility, which is part of the Credit Agreement, is equal to the lesser of $350.0&nbsp;million or the availability calculated based on our unencumbered asset pool. As of December 31, 2017, the borrowing capacity was $350.0 million. As of December 31, 2017, &nbsp;$169.5 million was borrowed and outstanding, $4.9 million was outstanding under letters of credit and therefore $175.6 &nbsp;million remained available for us to borrow under the revolving credit facility. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our ability to borrow under the Credit Agreement is subject to ongoing compliance with a number of financial covenants and other customary restrictive covenants, including, among others:</font> </p> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Symbol;font-size:10pt;;"> &#xB7;</font> </p> </td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">a maximum leverage ratio (defined as total consolidated indebtedness to total gross asset value) of 60%, which, as of December 31, 2017, was 26.7%.</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Symbol;font-size:10pt;;"> &#xB7;</font> </p> </td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">a maximum secured debt ratio (defined as total consolidated secured debt to total gross asset value) of 40%, which, as of December 31, 2017, was 0.0%.</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Symbol;font-size:10pt;;"> &#xB7;</font> </p> </td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">a minimum fixed charge coverage ratio (defined as adjusted consolidated earnings before interest, taxes, depreciation and amortization to consolidated fixed charges) of 1.7 to 1.0, which, as of December 31, 2017, was 6.5 to 1.0; and</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:36pt;"><p style="width:36pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 17.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Symbol;font-size:10pt;;"> &#xB7;</font> </p> </td><td style="width:1pt;"><p style="width:1pt;width:1pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">a maximum unhedged variable rate debt ratio (defined as unhedged variable rate indebtedness to gross asset value) of 30%, which, as of December 31, 2017, our unhedged variable rate debt ratio was 13.9%. &nbsp;</font></p></td></tr></table></div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The Credit Agreement ranks pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes, and the 2024 Notes and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the Credit Agreement.</font><font style="display:inline;font-weight:bold;font-style:italic;"> &nbsp; &nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">2020 Senior Unsecured Term Loan</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On June 24, 2015, in connection with, and pursuant to&nbsp;the terms of, the Credit Agreement, our Operating Partnership and certain subsidiaries entered into a $150&nbsp;million senior unsecured term loan (the "2020 Term Loan"). The 2020 Term Loan has a five-year term maturing on June 24, 2020. The 2020 Term Loan ranks pari passu with the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2020 Term Loan.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The borrowings under the 2020 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 220 basis points, or (ii) a base rate plus 50&nbsp;basis points to 120 basis points, each depending on our Operating Partnership' s leverage ratio. At December 31, 2017, the Operating Partnership's leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">2021 Senior Unsecured Term Loan</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On February 2, 2016, pursuant to the terms of the Credit Agreement, we partially exercised the accordion feature and entered into a $100 million senior unsecured term loan (the &#x201C;2021 Term Loan&#x201D;). The 2021 Term Loan has a five-year term maturing on February 2, 2021. The 2021 Term Loan ranks pari passu with the 2020 Term Loan, the 2022 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2021 Term Loan.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The borrowings under the 2021 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 220 basis points, or (ii) a base rate plus 50 basis points to 120 basis points, each depending on our Operating Partnership&#x2019;s leverage ratio. At December 31, 2017, our Operating Partnership&#x2019;s leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">2022 Senior Unsecured Term Loan </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On January&nbsp;31, 2014, our Operating Partnership and certain subsidiaries entered into a $100&nbsp;million senior unsecured term loan (the &#x201C;2019 Term Loan&#x201D;). The 2019 Term Loan had a five-year term and contained an accordion feature, which allowed our Operating Partnership to increase the total commitments by $100&nbsp;million, to $200&nbsp;million under specified circumstances including securing capital from new or existing lenders. </font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On April 19, 2017, our Operating Partnership and certain subsidiaries amended and restated the 2019 Term Loan (as amended, the &#x201C;2022 Term Loan&#x201D;), to (i) exercise the accordion feature to increase the total commitments to $200 million, (ii) extend the maturity of the term loan from January 31, 2019, to April 19, 2022, (iii) amend the accordion feature to allow an increase in total commitments from $200 million to $300 million, under specified circumstances, including securing capital from new or existing lenders, and (iv) explicitly permit the issuance of the 2024 Notes defined below. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The 2022 Term Loan ranks pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2022 Term Loan. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The borrowings under the 2022 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 210 basis points, or (ii) a base rate plus 50 basis points to 110 basis points, each depending on our Operating Partnership's leverage ratio. At December 31, 2017, our Operating Partnership&#x2019;s leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.&nbsp; </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">2023 Senior Unsecured Notes</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On June 15, 2016, our Operating Partnership issued an aggregate principal amount of $150 million, 4.19% senior unsecured notes due June 15, 2023 (the &#x201C;2023 Notes&#x201D;), in a private placement to certain accredited investors. The terms of the 2023 Notes are governed by a note purchase agreement, dated June 15, 2016 (the &#x201C;2023 Note Purchase Agreement&#x201D;), by and among our Operating Partnership, the Company and the purchasers of the 2023 Notes.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Interest is payable semiannually, on the 15</font><font style="display:inline;font-size:5pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;"> day of June and December of each year, commencing on December 15, 2016. The 2023 Notes are senior unsecured obligations of our Operating Partnership and are jointly and severally guaranteed by the Company and each of our Operating Partnership&#x2019;s subsidiaries that guarantees indebtedness under our Operating Partnership&#x2019;s Credit Agreement (the &#x201C;Subsidiary Guarantors&#x201D;).</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our Operating Partnership may prepay all or a portion of the 2023 Notes upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the 2023 Note Purchase Agreement. Upon the occurrence of certain change of control events, holders of the 2023 Notes have the right to require our Operating Partnership to purchase 100% of such holder&#x2019;s 2023 Notes in cash at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The 2023 Notes rank pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2024 Notes and the Credit Agreement. The 2023 Note Purchase Agreement contains the same financial covenants as the Credit Agreement, as described above. In addition, certain additional financial covenants in the Credit Agreement were automatically incorporated into the 2023 Note Purchase Agreement, and, subject to certain conditions, these additional financial covenants will be deleted, removed, amended or otherwise modified to be more or less restrictive if the analogous covenant in the Credit Agreement is so deleted, removed, amended or otherwise modified. These covenants are subject to a number of exceptions and qualifications set forth in the 2023 Note Purchase Agreement. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2023 Note Purchase Agreement.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">2024 Senior Unsecured Notes</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On April 20, 2017, our Operating Partnership issued an aggregate principal amount of $175 million, 3.91% senior unsecured notes due April 20, 2024 (the &#x201C;2024 Notes&#x201D;), in a private placement to certain accredited investors. The terms of the 2024 Notes are governed by a note purchase agreement, dated April 20, 2017 (the &#x201C;2024 Note Purchase Agreement&#x201D;), by and among our Operating Partnership, the Company and the purchasers of the 2024 Notes.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Interest is payable semiannually, on the 15</font><font style="display:inline;font-size:5pt;top:-4pt;position:relative;line-height:100%">th</font><font style="display:inline;"> day of June and December of each year, commencing on December 15, 2017. The 2024 Notes are senior unsecured obligations of our Operating Partnership and are jointly and severally guaranteed by the Company and each of the Subsidiary Guarantors.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our Operating Partnership may prepay all or a portion of the 2024 Notes upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the 2024 Note Purchase Agreement. Upon the occurrence of certain change of control events, holders of the 2024 Notes will have the right to require our Operating Partnership to purchase 100% of such holders&#x2019; 2024 Notes in cash at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The 2024 Notes rank pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes and the Credit Agreement. The 2024 Note Purchase Agreement contains the same financial covenants as the Credit Agreement, as described above. In addition, certain additional financial covenants in the Credit Agreement were automatically incorporated into the 2024 Note Purchase Agreement, and, subject to certain conditions, these additional financial covenants will be deleted, removed, amended or otherwise modified to be more or less restrictive if the analogous covenant in the Credit Agreement is so deleted, removed, amended or otherwise modified. These covenants are subject to a number of exceptions and qualifications set forth in the 2024 Note Purchase Agreement. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2024 Note Purchase Agreement.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Debt Maturities</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table summarizes the amount of our outstanding debt as of December 31, 2017, based on when such debt currently becomes due (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Year Ending December 31,</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 169,500</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 150,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 100,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 200,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 325,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Total principal outstanding</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 944,500</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unamortized deferred financing costs</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (4,930)</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total debt, net</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 939,570</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font> </p><div /></div> </div> 0.0150 0.0150 0.0155 0.0120 0.0220 0.0050 0.0150 0.0120 0.0220 0.0050 0.0150 0.0110 0.0210 0.5000 0.0150 0.0125 0.0225 0.0055 0.0155 694000000 150000000 100000000 100000000 150000000 194000000 944500000 150000000 100000000 200000000 150000000 175000000 169500000 one-month LIBOR base rate LIBOR base rate LIBOR base rate LIBOR 100000000 75000000 150000000 175000000 75000000 50000000 0.0293 0.0260 0.0227 0.0323 0.0419 0.0232 0.0300 0.0306 0.0304 0.0419 0.0391 0.0311 0.0298 0.0293 0.0419 0.0391 P5Y P5Y P5Y P5Y <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Deferred Costs</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred leasing costs include commissions paid to third parties, including brokers, leasing and referral agents, and internal sales commissions paid to employees for successful execution of lease agreements. These commissions and other direct and incremental costs incurred to obtain new customer leases are capitalized and amortized over the term of the related leases using the straight-line method. If a customer lease terminates prior to the expiration of its initial term, any unamortized deferred costs related to the lease are written off to amortization expense. Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands): </font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Internal sales commissions</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 17,402</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 18,748</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Third party commissions</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,802</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,643</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">External legal counsel</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 775</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 730</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 29,979</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 33,121</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred financing costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are capitalized and amortized on a straight-line basis, which approximates the effective-interest method, over the term of the loan and the amortization is included as a component of interest expense. Depending on the type of debt instrument, deferred financing costs are reported either in other assets or as a direct deduction from the carrying amount of the related debt liabilities in our consolidated balance sheets.</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands): </font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Internal sales commissions</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 17,402</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 18,748</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Third party commissions</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,802</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,643</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">External legal counsel</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 775</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 730</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 29,979</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 33,121</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 33121000 29979000 1604000 957000 7694000 9928000 36393000 40038000 800000 900000 1100000 76100000 89200000 108100000 95702000 108652000 129251000 95702000 108652000 129251000 300000 1100000 400000 0 0.0293 0.0298 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">9. Derivatives and Hedging Activities</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On April 21, 2017, we terminated $50 million of our previously existing $100 million five-year interest rate swap agreement that reduces our exposure to variability in cash flows relating to interest payments based on one-month LIBOR variable rate debt, resulting in a remaining $50 million interest rate swap effective through January 31, 2019, at approximately 2.98% per annum and 3.23% per annum for the years ending December 31, 2017, and 2016, respectively. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On April 9, 2015, we entered into a $75 million forward starting five-year interest rate swap agreement, effective May 5, 2015, to protect against adverse fluctuation in interest rates. The swap reduces our exposure to variability in cash flows relating to interest payments on $75 million of one-month LIBOR variable rate debt and effectively fixes the interest rate at approximately 2.93%&nbsp;per annum. Both interest rate swap agreements were designated for hedge accounting.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Risk Management Objective of Using Derivatives</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We are exposed to certain risks arising from both our business operations and economic conditions. We principally manage our exposures to a wide variety of business and operational risks through management of our core business activities. We manage economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of our debt funding and the use of derivative financial instruments. Specifically, we enter into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known or uncertain cash amounts, the value of which are determined by interest rates. Our derivative financial instruments are used to manage differences in the amount, timing, and duration of our known or expected cash receipts and our known or expected cash payments principally related to our investments and borrowings.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Cash Flow Hedges of Interest Rate Risk</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our objectives in using interest rate derivatives are to reduce variability in interest expense and to manage our exposure to adverse interest rate movements. To accomplish this objective, we primarily use interest rate swaps as part of our interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income or loss on the consolidated balance sheets and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The amounts recorded in other comprehensive income or loss related to the unrealized gain or loss on derivative contracts were a gain of $0.6 million and losses of $1.1 million, and&nbsp;$2.4 million for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively. The amounts reclassified from other comprehensive income or loss to interest expense on the consolidated statements of operations were $0.6 million,&nbsp;$1.7 million, and $1.9 million for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively. Any ineffective portion of the change in fair value of the derivatives is recognized directly in net income. During the years ended December 31, 2017, &nbsp;2016, and 2015, we did not record any amount in net income related to derivatives as there was no hedge ineffectiveness.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Amounts reported in accumulated other comprehensive income or loss related to derivatives will be reclassified to interest expense as interest payments are made on our variable-rate debt. During the subsequent twelve months, beginning January 1, 2018,&nbsp;we estimate that $0.3 million will be reclassified as an increase to interest expense.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Derivatives are recorded at fair value in our consolidated balance sheets in other assets or unearned revenue, prepaid rent and other liabilities, as applicable. We do not net our derivative position by counterparty for purposes of balance sheet presentation and disclosure. We had zero and $0.4 million in derivative liabilities recognized in unearned revenue, prepaid rent and other liabilities in our consolidated balance sheets as of December 31, 2017 and 2016, respectively. We also had $1.1 million and $0.3 million in derivative assets recognized in other assets in our consolidated balance sheet as of December 31, 2017, and 2016, respectively. </font> </p><div /></div> </div> 300000 1900000 1700000 600000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Derivative Instruments and Hedging Activities</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We reflect all derivative instruments at fair value as either assets or liabilities on the consolidated balance sheets. For those derivative instruments that are designated and qualify as hedging instruments, we record the effective portion of the gain or loss on the hedging instruments as a component of accumulated other comprehensive income or loss. Any ineffective portion of a derivative&#x2019;s change in fair value is immediately recognized within net income. For derivatives that do not meet the criteria for hedge accounting, changes in fair value are immediately recognized within net income. See additional discussion in Note 9 Derivatives and Hedging Activities.</font> </p><div /></div> </div> 70738000 162903000 28000 10470000 187000 44503000 28000 41195000 50336000 16156000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">12. Equity Incentive Plan</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our Board of Directors adopted and, with the approval of our stockholders, amended the 2010 Equity Incentive Plan (as amended, the &#x201C;2010 Plan&#x201D;). The 2010 Plan is administered by the Compensation Committee of our Board of Directors. Awards issuable under the 2010 Plan include common stock, stock options, restricted stock, stock appreciation rights, dividend equivalents, Operating Partnership units and other incentive awards. We have reserved a total of 6,000,000 shares of our common stock for issuance pursuant to the 2010 Plan, which may be adjusted for changes in our capitalization and certain corporate transactions. To the extent that an award expires, terminates or lapses, or an award is settled in cash without the delivery of shares of common stock to the participant, then any unvested shares subject to the award will be available for future grant or sale under the 2010 Plan. Shares of restricted stock that are forfeited or repurchased by us pursuant to the 2010 Plan may again be awarded under the 2010 Plan. The payment of dividend equivalents in cash in conjunction with any outstanding awards will not be counted against the shares available for issuance under the 2010 Plan. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As of December 31, 2017, &nbsp;3,048,508 shares of our common stock were available for issuance pursuant to the 2010 Plan.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Stock Options</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Stock option awards are granted with an exercise price equal to the closing market price of the Company&#x2019;s common stock on the date of grant. The fair value of each option granted under the 2010 Plan is estimated on the date of grant using the Black&#8209;Scholes option&#8209;pricing model. The fair values are amortized on a straight&#8209;line basis over the vesting periods. Stock options have not been granted since the year ending December 31, 2013.&nbsp; </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table sets forth stock option activity under the 2010 Plan for the years ended December 31, 2017, &nbsp;2016, and 2015.</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number of<br />Shares Subject<br />to Option</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average<br />Exercise<br />Price</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average<br />Remaining<br />Contractual<br />Term</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Aggregate<br />Intrinsic<br />Value</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Options outstanding, December 31, 2014</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 758,095</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 20.94</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">6.7 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 13.7 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercised</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (410,322)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 20.15</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 12.0 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (7,281)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 27.53</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expired</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (282)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15.23</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Options outstanding, December 31, 2015</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 340,210</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 21.77</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">5.8 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 11.9 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercised</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (74,660)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 17.27</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 3.8 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expired</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Options outstanding, December 31, 2016</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 265,550</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22.96</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">5.0 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 15.0 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercised</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (197,761)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 24.37</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 13.3 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expired</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Options outstanding, December 31, 2017</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 67,789</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 19.12</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">3.4 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$ 6.4 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercisable at December 31, </font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2015</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 234,943</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 18.47</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">5.4 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 9.0 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2016</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 249,227</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22.29</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">4.9 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 14.2 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2017</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 67,789</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19.12</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">3.4 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 6.4 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table sets forth the number of shares subject to options that are unvested as of December 31, 2017, &nbsp;2016, and 2015, and the fair value of these options at the grant date:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number of<br />Shares Subject<br />to Option</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average Fair<br />Value at<br />Grant Date</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2014</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 283,964</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 7.75</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (7,281)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 8.48</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (171,416)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 6.86</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2015</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 105,267</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9.13</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (88,944)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 8.97</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 16,323</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9.99</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (16,323)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9.99</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Unvested balance, December 31, 2017</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As of December 31, 2017, all stock option awards are fully vested. As the Company has been a publicly traded company only since September 28, 2010, expected volatilities used in the Black-Scholes model are based on the historical volatility of a group of comparable REITs. We utilize the simplified method of estimating the term for options granted due to the lack of historical exercise data necessary to provide a reasonable basis upon which to estimate the term. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. No options were granted during the years ended 2017, &nbsp;2016 or 2015. &nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Restricted Stock Awards and Units</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Restricted stock awards and restricted stock units, or RSUs, are granted with a fair value equal to the closing market price of the Company's common stock on the date of grant. The principal difference between restricted stock awards and RSUs is that RSUs are not shares of our common stock and do not have any of the rights or privileges thereof, including voting rights. On the applicable vesting date, the holder of an RSU becomes entitled to a share of common stock. The restricted stock awards and RSUs are amortized on a straight-line basis to expense over the vesting period. </font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table sets forth the number of unvested restricted stock awards and RSUs and the weighted-average fair value of these awards at the date of grant:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Restricted Stock</font></p> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Awards and</font></p> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Units</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average Fair<br />Value at<br />Grant Date</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2014</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 394,016</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29.10</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 187,644</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 47.41</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (34,788)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 36.06</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (169,260)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 26.96</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2015</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 377,612</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 38.51</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 182,628</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 66.69</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (37,383)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 53.87</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (199,216)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 36.57</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 323,641</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 53.84</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 139,788</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 85.79</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (34,020)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 64.00</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (139,566)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44.31</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Unvested balance, December 31, 2017</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 289,843</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 70.71</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As of December 31, 2017, total unearned compensation on restricted stock awards and RSUs was approximately $14.4&nbsp;million, and the weighted-average vesting period was 2.4&nbsp;years.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Performance Stock Awards</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We grant long-term incentives to members of management in the form of performance-based restricted stock awards (&#x201C;PSAs&#x201D;) under the 2010 Plan. The number of PSAs earned is based on our achievement of relative total shareholder return (&#x201C;TSR&#x201D;) measured versus the MSCI US REIT Index over a &nbsp;three-year performance period and ranges between 25% and 175% of the target number of shares for PSAs granted in 2015, 2016, and 2017. The PSAs are granted at the maximum percentage of target and are retired annually to the extent we do not meet the maximum relative TSR performance threshold versus the MSCI US REIT Index. The PSAs are earned upon TSR achievement measured both annually and over the full three-year performance period. The PSAs have a service condition and will be released at the end of the three-year performance period, to the extent earned, provided that the holder continues to be employed or otherwise in service of the Company at the end of the three-year performance period. </font><font style="display:inline;color:#000000;">The PSAs are amortized on a straight-line basis to expense over the vesting period. </font><font style="display:inline;">Holders of the PSAs are entitled to dividends on the PSAs, which are accrued and paid in cash at the end of the three-year performance period. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table sets forth the number of unvested PSAs and the weighted-average fair value of these awards at the date of grant:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted-</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Average Fair</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="5" valign="bottom" style="width:36.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Performance-Based Restricted Stock Awards</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Value at Grant</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Minimum</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Maximum</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Target</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Date</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2014</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 85,851</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 57,233</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.89</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,222</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 78,553</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44,886</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 61.22</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Performance adjustment </font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9,981</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (7,190)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,465)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,458)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (13,657)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (8,572)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 43.38</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (594)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (594)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (594)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.89</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2015</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,151</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 142,963</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 91,488</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 42.78</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,796</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 82,572</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 47,184</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 84.78</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Performance adjustment </font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29,256</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,893</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (13,474)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (55,916)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (34,695)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 69.12</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,894)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,894)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,894)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 42.17</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44,835</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 167,725</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 113,976</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 54.24</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 7,210</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 50,472</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28,841</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 105.50</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Performance adjustment </font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 62,841</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23,725</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (5,674)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (16,836)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (11,255)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 79.09</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (70,518)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (70,518)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (70,518)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.89</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Unvested balance, December 31, 2017</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 38,694</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 130,843</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 84,769</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 84.63</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:.75pt;color:#000;background-color:#000;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">Includes the annual adjustment for the number of PSAs earned based on our achievement of relative TSR measured versus the MSCI US REIT Index for the applicable performance periods.</font></p></td></tr></table></div> <p style="margin:12pt 0pt;text-indent:36pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">As of&nbsp;December 31, 2017, &nbsp;total unearned compensation on PSAs was approximately $3.3 million, and the weighted-average vesting period was 1.8 years. The fair value of each PSA award is estimated on the date of grant using a Monte Carlo simulation. The simulation requires assumptions for expected volatility, risk-free rate of return, and dividend yield. The following table summarizes the assumptions used to value the PSAs granted during the years ended December 31, 2017,&nbsp;2016 and 2015:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:11.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2015</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expected term (in years)</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2.81</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2.83</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2.83</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expected volatility</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23.33</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.29</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.51</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%</font></p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expected annual dividend</font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:58.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Risk-free rate</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1.60</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:00.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 0.97</font></p> </td> <td valign="bottom" style="width:02.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1.02</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%</font></p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:.75pt;color:#000;background-color:#000;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">The fair value of the PSAs assumes reinvestment of dividends.</font></p></td></tr></table></div><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number of<br />Shares Subject<br />to Option</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average Fair<br />Value at<br />Grant Date</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2014</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 283,964</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 7.75</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (7,281)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 8.48</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (171,416)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 6.86</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2015</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 105,267</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9.13</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (88,944)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 8.97</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 16,323</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9.99</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (16,323)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9.99</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Unvested balance, December 31, 2017</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 0.80 0.90 0.90 0.98 84831000 47721000 37110000 47721000 114214000 79518000 34696000 79518000 171687000 122133000 49554000 122133000 0.292014 28104000 41849000 48976000 8338000 8338000 8338000 8338000 8338000 8338000 7924000 7924000 7924000 1.05 0.37 1.56 0.38 0.36 0.45 0.49 1.85 0.46 0.47 0.44 1.03 0.37 1.54 0.37 0.36 0.44 0.48 1.84 0.46 0.46 0.44 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">13. Earnings Per Share</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Basic net income per share is calculated by dividing the net income attributable to common shares by the weighted-average number of common shares outstanding during the period. Diluted net income per share adjusts basic net income per share for the effects of potentially dilutive common shares, if the effect is not antidilutive. Potentially dilutive common stock consists of shares issuable under the 2010 Plan. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following is a summary of basic and diluted net income per share (in thousands, except share and per share amounts):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-size:9pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:44.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Year Ended December 31,</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-size:9pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">2017</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">2016</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">2015</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Net income attributable to common shares</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 62,605</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 50,371</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 26,368</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Weighted-average common shares outstanding - basic</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 33,792,759</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 32,289,414</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 25,218,500</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Effect of potentially dilutive common shares:</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Stock options</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 88,399</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 192,464</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 302,264</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Unvested awards</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 177,791</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 250,181</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 185,804</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Weighted-average common shares outstanding - diluted</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 34,058,949</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 32,732,059</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 25,706,568</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Net income per share attributable to common shares</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Basic</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.85</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.56</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$ 1.05</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Diluted</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.84</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.54</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$ 1.03</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In the calculations above, we have excluded weighted-average potentially dilutive securities of 24,961, &nbsp;29,618 and 117,048 for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively, as their effect would have been antidilutive.</font> </p><div /></div> </div> 14400000 3300000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">15. Estimated Fair Value of Financial Instruments</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Authoritative guidance issued by FASB establishes a hierarchy of valuation techniques based on the observability of inputs utilized in measuring assets and liabilities at fair values. This hierarchy establishes market&#8209;based or observable inputs as the preferred source of values, followed by valuation models using management assumptions in the absence of market inputs. The three levels of the hierarchy under the authoritative guidance are as follows:</font> </p> <p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Level&nbsp;1 </font><font style="display:inline;">&#x2014; Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the assessment date.</font> </p> <p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Level&nbsp;2 </font><font style="display:inline;">&#x2014; Inputs other than quoted prices included within Level&nbsp;1 that are observable for the asset or liability, either directly or indirectly.</font> </p> <p style="margin:0pt 0pt 12pt 36pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Level&nbsp;3 </font><font style="display:inline;">&#x2014; Unobservable inputs for the asset or liability.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Our financial instruments consist of cash and cash equivalents, accounts and other receivables, interest rate swaps, the revolving credit facility, the senior unsecured term loans, senior unsecured notes, interest payable and accounts payable. The carrying values of cash and cash equivalents, accounts and other receivables, interest payable and accounts payable approximate fair values due to the short-term nature of these financial instruments. The interest rate swaps are recorded at fair value.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The valuation of our derivatives is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative, which reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves. We have determined that the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy; however, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by our Operating Partnership and its counterparties. As of December 31, 2017, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined that the credit valuation adjustment is not significant to the overall valuation of our derivative portfolio. As a result we classify our derivative valuation in Level 2 of the fair value hierarchy.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">The total principal balance of our revolving credit facility, senior unsecured term loans, and senior unsecured notes </font><font style="display:inline;">was $944.5&nbsp;million and $694.0&nbsp;million as of December 31, 2017 and 2016, respectively, with a fair value of $946.6 million and $673.0 million, respectively, based on Level 3 inputs from the fair value hierarchy. Under the discounted cash flow method, the fair values of the revolving credit facility, and the senior unsecured term loans are based on our assumptions of market interest rates and terms available incorporating our credit risk for similar loan maturities.</font> </p><div /></div> </div> 12385000 8585000 7500000 251000 1931000 705000 856000 897000 1481000 9913000 6314000 0 0 0 36000 34179000 35369000 37548000 100000 41191000 40646000 0 0 0 -500000 0 0 0 0 0 0 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Recoverability of Long&#8209;Lived Assets</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We review our long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized when estimated expected future cash flows (undiscounted and without interest charges) are less than the carrying amount of the assets. The estimation of expected future net cash flows is inherently uncertain and relies, to a considerable extent, on assumptions regarding current and future economics and market conditions and the availability of capital. If, in future periods, there are changes in the estimates or assumptions incorporated into the impairment review analysis, the changes could result in an adjustment to the carrying amount of the long-lived assets. To the extent that impairment has occurred, the excess of the carrying amount of long-lived assets over its estimated fair value would be recognized as an impairment loss charged to net income. For the years ended December 31, 2017, &nbsp;2016, and 2015, &nbsp;no impairment of long-lived assets was recognized.</font> </p><div /></div> </div> 57022000 82040000 100665000 163000 119000 174000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Income Taxes</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the &#x201C;Code&#x201D;), commencing with our taxable year ended December 31, 2010. To qualify as a REIT, we are required to distribute at least 90% of our taxable income to our stockholders and meet various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership. Provided we qualify for taxation as a REIT, we generally are not subject to corporate level federal income tax on the earnings distributed currently to our stockholders. If we fail to qualify as a REIT in any taxable year, and are unable to avail ourselves of certain savings provisions set forth in the Code, all of our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">To maintain REIT status, we must distribute a minimum of 90% of our taxable income. However, it is our policy and intent, subject to change, to distribute 100% of our taxable income and therefore, no provision is required in the accompanying consolidated financial statements for federal income taxes with regards to activities of the REIT and its subsidiary pass&#8209;through entities. The allocable share of taxable income is included in the income tax returns of its stockholders. The Company is subject to the statutory requirements of the locations in which it conducts business. State and local income taxes are accrued as deemed required in the best judgment of management based on analysis and interpretation of respective tax laws.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We have elected to treat certain subsidiaries as taxable REIT subsidiaries (&#x201C;TRS&#x201D;). Certain activities that we undertake must be conducted by a TRS, such as services for our tenants that could be considered otherwise impermissible for us to perform and holding assets that we cannot hold directly. A TRS is subject to corporate level federal and state income taxes. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred income taxes are recognized in certain taxable entities. Deferred income tax generally is a function of the period&#x2019;s temporary differences (items that are treated differently for tax purposes than for financial reporting purposes), the utilization of tax net operating losses generated in prior years that previously had been recognized as deferred income tax assets and the reversal of any previously recorded deferred income tax liabilities. A valuation allowance for deferred income tax assets is provided if we believe all or some portion of the deferred income tax asset may more likely than not be realized. Any increase or decrease in the valuation allowance resulting from a change in circumstances that causes a change in the estimated realizability of the related deferred income tax asset is included in deferred tax expense. As of December 31, 2017, and 2016, the gross deferred income taxes were not material.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We currently have no liabilities for uncertain income tax positions. The earliest tax year for which we are subject to examination is 2014. &nbsp;</font> </p><div /></div> </div> 6532000 4910000 1224000 2146000 13199000 5087000 17555000 14395000 13315000 520000 541000 598000 -1051000 -240000 2234000 5535000 8819000 10924000 9561000 8696000 -2235000 3700000 4100000 3300000 7098000 12577000 24147000 6219000 11528000 22252000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Internal-Use Software</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We recognize internal-use software development costs based on the development stage of the project and nature of the cost. Internal and external costs incurred during the preliminary project stage are expensed as they are incurred. Internal and external costs incurred to develop internal-use software during the application development stage are capitalized. Internal and external training costs and maintenance costs during the post-implementation-operation stage are expensed as incurred. Completed projects are placed into service and amortized over the estimated useful life of the software. For the years ended December 31, 2017, and&nbsp;2016, &nbsp;no impairment was recognized related to impairment of internal use software. For the year ended December 31,&nbsp;2015, we recorded $0.3 million related to impairment of internal use software. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Our SaaS arrangements are capitalized when we have a contractual right to take possession of the software at any point during the period without significant penalty and it is feasible to run the software on our own hardware or we are able to contract with an unrelated third party to run the software. Any arrangements that do not meet these criterion are accounted for as a service contract and the costs are expensed as the services are performed.&nbsp; </font> </p><div /></div> </div> 1472580000 1561056000 106317000 101798000 19193000 273000000 11612000 132413000 300329000 616394000 1200000 100258000 97258000 5154000 5493000 28467000 728000 2388000 23642000 31386000 36000 21075000 22631000 24125000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">7. Leases</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As a lessor, the Company leases data center space and office and light-industrial space under noncancelable operating lease agreements. The future minimum lease payments to be received under noncancelable operating leases in effect at December 31, 2017, are as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year&nbsp;Ending&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 237,706</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 174,763</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 120,834</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 92,684</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 68,259</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 161,525</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 855,771</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As the lessee, the Company currently leases data center space under noncancelable operating lease agreements at NY1, LA1, DC1, DC2, DE1, and DE2, and its headquarters located in Denver, CO. The future minimum lease payments to be paid under noncancelable real estate leases in effect at December 31, 2017, are as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year&nbsp;Ending&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 21,264</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,491</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,928</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,676</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15,550</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,874</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 116,783</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font> </p><div /></div> </div> 100000 P10Y 4900000 854217000 1114015000 1451303000 1532659000 169500000 600000000 350000000 350000000 175600000 2500000 2300000 2500000 0 600000 690450000 939570000 673000000 946600000 325000000 200000000 100000000 150000000 169500000 $70,080,000 802564 161360000 137624000 301000 -110396000 -85000 110180000 -110180000 110200000 206000 -37550000 -30000 37374000 -37374000 37400000 -167000 167000 -167000 200000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">11. Noncontrolling Interests &#x2014; Operating Partnership</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Noncontrolling interests represent the limited partnership interests in our Operating Partnership held by individuals and entities other than CoreSite Realty Corporation. The current holders of common Operating Partnership units are eligible to have the common Operating Partnership units redeemed for cash or common stock on a one&#8209;for&#8209;one basis, at our option.</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="middle" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="middle" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="3" valign="bottom" style="width:27.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31, 2017</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="3" valign="bottom" style="width:27.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="middle" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number&nbsp;of&nbsp;Units</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Percentage&nbsp;of&nbsp;Total</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number&nbsp;of&nbsp;Units</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Percentage&nbsp;of&nbsp;Total</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">CoreSite Realty Corporation</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 33,826,264</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 71.0</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 33,376,568</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 70.7</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%</font></p> </td> </tr> <tr> <td valign="bottom" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Noncontrolling interests</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,836,336</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29.0</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,851,347</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29.3</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 47,662,600</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 100.0</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 47,227,915</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 100.0</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">%</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">For each share of common stock issued by us, our Operating Partnership issues to us an equivalent common Operating Partnership unit. During the year ended &nbsp;December 31, 2017, we issued 449,696 shares of common stock related to employee compensation arrangements and therefore an equivalent number of common Operating Partnership units were issued to us by our Operating Partnership.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Holders of common Operating Partnership units of record as of March&nbsp;31, 2017, June&nbsp;30, 2017, September&nbsp;29, 2017, &nbsp;and December 29, 2017, received quarterly distributions of $0.80 per unit, &nbsp;$0.90 per unit, $0.90 per unit, and $0.98 per unit, respectively, payable in correlation with declared dividends on common stock.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">During the years ended December 31, 2017, 2016, and 2015,&nbsp;&nbsp;15,011, &nbsp;3,007,000, and 8,500,000 common Operating Partnership units held by The Carlyle Group and other third parties were redeemed for shares of our common stock in connection with the sale of 15,011, &nbsp;3,007,000, and 8,500,000 shares of our common stock, respectively. These redemptions were recorded as $0.2 million, &nbsp;$37.4 million, and $110.2 million reductions to noncontrolling interests in our Operating Partnership and an increase to total stockholder&#x2019;s equity in the consolidated balance sheets for the years ended December 31, 2017, 2016, and 2015, respectively.&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The redemption value of the noncontrolling interests at December 31, 2017, &nbsp;was $1.6&nbsp;billion based on the closing price of the Company&#x2019;s common stock of $113.90 on the last trading day prior to that date.</font> </p><div /></div> </div> 0.293 0.290 0.290 0.707 0.710 0.710 <div> <div> <p style="margin:12pt 0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">1. Organization and Description of Business</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">CoreSite Realty Corporation (the &#x201C;Company,&#x201D; &#x201C;we,&#x201D; &#x201C;us,&#x201D; or &#x201C;our&#x201D;) was organized in the state of Maryland on February 17, 2010 and is a fully integrated, self-administered, and self-managed real estate investment trust (&#x201C;REIT&#x201D;). Through our controlling interest in CoreSite, L.P. (our &#x201C;Operating Partnership&#x201D;), we are engaged in the business of owning, acquiring, constructing and operating data centers. As of December 31, 2017, the Company owns a 71.0% common interest in our Operating Partnership, and affiliates of The Carlyle Group and others own a 29.0% interest in our Operating Partnership. See additional discussion in Note 11, Noncontrolling Interests &#x2013; Operating Partnership.</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Information with respect to square footage and acres of land is unaudited.</font> </p><div /></div> </div> -18848000 191252000 -34574000 -127533000 -364202000 -173964000 142573000 170525000 209356000 34706000 58709000 74855000 22153000 23212000 25636000 26368000 11261000 50371000 12035000 12180000 14895000 16292000 62605000 15643000 15758000 14912000 611000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Recent Accounting Pronouncements</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In May 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued guidance codified in Accounting Standards Codification (&#x201C;ASC&#x201D;) Topic 606, </font><font style="display:inline;font-style:italic;">Revenue Recognition &#x2014; Revenue from Contracts with Customers</font><font style="display:inline;">, which amends the guidance in former ASC Topic 605, </font><font style="display:inline;font-style:italic;">Revenue Recognition</font><font style="display:inline;">. The standard establishes a five-step model framework which recognizes revenue as an entity transfers control of goods or services to the customer and requires enhanced disclosures. This standard does not apply to leases, which will be accounted for under ASC Topic 842, </font><font style="display:inline;font-style:italic;">Leases</font><font style="display:inline;">. The revenue standard is effective for interim and annual reporting periods beginning after December 15, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. As ASC Topic 606 does not impact lessor accounting, this standard will not significantly impact our accounting for rental revenue. In addition, there is not a significant impact to our accounting for nonlease components, including power, interconnection, and tenant reimbursement and other revenue. We adopted ASC Topic 606 on January 1, 2018, and will use the cumulative effect transition method.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In February 2016, the FASB issued guidance codified in ASC Topic 842, </font><font style="display:inline;font-style:italic;">Leases</font><font style="display:inline;">, which amends the guidance in former ASC Topic 840,</font><font style="display:inline;font-style:italic;"> Leases</font><font style="display:inline;">. We are party to leases as both a lessor and lessee. The main principle of ASC 842 requires lessees to recognize the assets and liabilities that arise from nearly all leases on the consolidated balance sheet. Lessor accounting remains mainly consistent with current guidance, with the majority of changes allowing for better alignment with the new lessee model and ASC Topic 606. The standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The standard requires a modified retrospective transition approach. We adopted&nbsp;ASC Topic 842 effective January 1, 2018, which would result in a transition date of January 1, 2016. The FASB has issued a Proposed Accounting Standards Update, </font><font style="display:inline;font-style:italic;">Leases &#x2013; Targeted Improvements,</font><font style="display:inline;"> which proposes updates to the lease standard and would allow us to apply the new lease standard as of our January 1, 2018, adoption date and remove the requirement for us to restate our prior period financial statements upon adoption. If the proposed accounting standards update is issued in final form, we will apply the transition relief under the new lease standard as of January 1, 2018. </font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We are currently evaluating other impacts of the FASB&#x2019;s proposed updates to the lease standard, specifically the proposed practical expedient which allows lessors not to separate nonlease components from the related lease components if both the timing and pattern of revenue recognition are the same for the nonlease component(s) and related lease component and the combined single lease component would be classified as an operating lease.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As a lessee the classification of our leases will not change, but we will be required to recognize a lease liability and corresponding right-of-use asset on our consolidated balance sheets for all of our operating leases. We have elected the package of practical expedients which allows us to not reassess (1) whether existing contracts contain leases, (2) the lease classification for existing leases, and (3) whether existing initial direct costs meet the new definition. We did not elect the hindsight practical expedient which permits entities to use hindsight in determining the lease term. Using the fixed noncancellable term of all existing data center leases, excluding renewal options, our initial lease liability and right-of-use asset will each be approximately $100 million on our consolidated balance sheet as of January 1, 2018. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In accordance with ASC Topic 842, lessor accounting for our leases remains largely unchanged, apart from the narrower definition of initial direct costs that can be capitalized. The new standard defines initial direct costs as only the incremental costs of signing a lease. Internal sales employees&#x2019; compensation, payroll-related fringe benefits and certain external legal fees related to the execution of successful lease agreements will not meet the definition of initial direct costs under the new standard and will be accounted for as a sales and marketing expense or general and administrative expense in the consolidated statements of operations upon adoption of ASC Topic 842. For the year ended December 31, 2017, we had $1.2 million and $0.1 million of capitalized salaries and benefits and external legal fees, respectively, which would not have been capitalized if ASC Topic 842 had been in effect. On a prospective basis, we estimate that the sales and marketing expense in our consolidated statement of operations will increase by approximately $1.4 million and general and administrative expense will increase by approximately $0.1 million for the year ending December 31, 2018, as a result of the narrower definition of initial direct costs.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In August 2016, the FASB issued guidance codified in ASU 2016-15, </font><font style="display:inline;font-style:italic;">Statement of Cash Flows</font><font style="display:inline;"> (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The standard provides guidance on eight specific cash flow classification issues including debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, and separately identifiable cash flows and application of the predominance principle. The standard will be effective for the fiscal year beginning January 1, 2018, and subsequent interim periods. We do not expect the provisions of ASU 2016-15 to have a material impact on our consolidated financial statements.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In January 2017, the FASB issued guidance codified in ASU 2017-04, </font><font style="display:inline;font-style:italic;">Intangibles &#x2013; Goodwill and Other</font><font style="display:inline;"> (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 simplifies the accounting for goodwill impairment by eliminating the process of measuring the implied value of goodwill, known as step two, from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. The standard will be effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. We do not expect the provisions of ASU 2017-04 to have a material impact on our consolidated financial statements.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In August 2017, the FASB issued guidance codified in ASU 2017-12, </font><font style="display:inline;font-style:italic;">Derivatives and Hedging</font><font style="display:inline;"> (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 simplifies hedge accounting by eliminating the requirement to separately measure and report hedge ineffectiveness and presenting all items that affect earnings in the same income statement line item as the hedged item. The standard will be effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. We do not expect the provisions of ASU 2017-12 to have a material impact on our consolidated financial statements.</font> </p><div /></div> </div> 1 4292000 3504000 269208000 305735000 357009000 64084000 21621000 94617000 22558000 22505000 27933000 30264000 124812000 30082000 30799000 33667000 100000000 100000000 116783000 21264000 15550000 22676000 22928000 22491000 11874000 855771000 237706000 68259000 92684000 120834000 174763000 161525000 183300000 218060000 264134000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <a name="_contentSection_8d654f60_04e0_46ec_94f9_"></a><font style="display:inline;font-weight:bold;">2. Summary of Significant Accounting Policies</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Principles of Consolidation and Basis of Presentation</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The accompanying consolidated financial statements have been prepared by our management in accordance with U.S. generally accepted accounting principles (&#x201C;GAAP&#x201D;) and in compliance with the rules and regulations of the U.S. Securities and Exchange Commission. In the opinion of our management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our Operating Partnership meets the definition and criteria of a variable interest entity&nbsp;(&#x201C;VIE&#x201D;) and we are the primary beneficiary of the VIE. Our sole significant asset is the investment in our Operating Partnership, and consequently, substantially all of our assets and liabilities represent those assets and liabilities of our Operating Partnership. Our debt is an obligation of our Operating Partnership where the creditors also have recourse against the credit of the Company.&nbsp;Intercompany balances and transactions have been eliminated upon consolidation.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Recent Accounting Pronouncements</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In May 2014, the Financial Accounting Standards Board (&#x201C;FASB&#x201D;) issued guidance codified in Accounting Standards Codification (&#x201C;ASC&#x201D;) Topic 606, </font><font style="display:inline;font-style:italic;">Revenue Recognition &#x2014; Revenue from Contracts with Customers</font><font style="display:inline;">, which amends the guidance in former ASC Topic 605, </font><font style="display:inline;font-style:italic;">Revenue Recognition</font><font style="display:inline;">. The standard establishes a five-step model framework which recognizes revenue as an entity transfers control of goods or services to the customer and requires enhanced disclosures. This standard does not apply to leases, which will be accounted for under ASC Topic 842, </font><font style="display:inline;font-style:italic;">Leases</font><font style="display:inline;">. The revenue standard is effective for interim and annual reporting periods beginning after December 15, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. As ASC Topic 606 does not impact lessor accounting, this standard will not significantly impact our accounting for rental revenue. In addition, there is not a significant impact to our accounting for nonlease components, including power, interconnection, and tenant reimbursement and other revenue. We adopted ASC Topic 606 on January 1, 2018, and will use the cumulative effect transition method.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In February 2016, the FASB issued guidance codified in ASC Topic 842, </font><font style="display:inline;font-style:italic;">Leases</font><font style="display:inline;">, which amends the guidance in former ASC Topic 840,</font><font style="display:inline;font-style:italic;"> Leases</font><font style="display:inline;">. We are party to leases as both a lessor and lessee. The main principle of ASC 842 requires lessees to recognize the assets and liabilities that arise from nearly all leases on the consolidated balance sheet. Lessor accounting remains mainly consistent with current guidance, with the majority of changes allowing for better alignment with the new lessee model and ASC Topic 606. The standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The standard requires a modified retrospective transition approach. We adopted&nbsp;ASC Topic 842 effective January 1, 2018, which would result in a transition date of January 1, 2016. The FASB has issued a Proposed Accounting Standards Update, </font><font style="display:inline;font-style:italic;">Leases &#x2013; Targeted Improvements,</font><font style="display:inline;"> which proposes updates to the lease standard and would allow us to apply the new lease standard as of our January 1, 2018, adoption date and remove the requirement for us to restate our prior period financial statements upon adoption. If the proposed accounting standards update is issued in final form, we will apply the transition relief under the new lease standard as of January 1, 2018. </font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We are currently evaluating other impacts of the FASB&#x2019;s proposed updates to the lease standard, specifically the proposed practical expedient which allows lessors not to separate nonlease components from the related lease components if both the timing and pattern of revenue recognition are the same for the nonlease component(s) and related lease component and the combined single lease component would be classified as an operating lease.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">As a lessee the classification of our leases will not change, but we will be required to recognize a lease liability and corresponding right-of-use asset on our consolidated balance sheets for all of our operating leases. We have elected the package of practical expedients which allows us to not reassess (1) whether existing contracts contain leases, (2) the lease classification for existing leases, and (3) whether existing initial direct costs meet the new definition. We did not elect the hindsight practical expedient which permits entities to use hindsight in determining the lease term. Using the fixed noncancellable term of all existing data center leases, excluding renewal options, our initial lease liability and right-of-use asset will each be approximately $100 million on our consolidated balance sheet as of January 1, 2018. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In accordance with ASC Topic 842, lessor accounting for our leases remains largely unchanged, apart from the narrower definition of initial direct costs that can be capitalized. The new standard defines initial direct costs as only the incremental costs of signing a lease. Internal sales employees&#x2019; compensation, payroll-related fringe benefits and certain external legal fees related to the execution of successful lease agreements will not meet the definition of initial direct costs under the new standard and will be accounted for as a sales and marketing expense or general and administrative expense in the consolidated statements of operations upon adoption of ASC Topic 842. For the year ended December 31, 2017, we had $1.2 million and $0.1 million of capitalized salaries and benefits and external legal fees, respectively, which would not have been capitalized if ASC Topic 842 had been in effect. On a prospective basis, we estimate that the sales and marketing expense in our consolidated statement of operations will increase by approximately $1.4 million and general and administrative expense will increase by approximately $0.1 million for the year ending December 31, 2018, as a result of the narrower definition of initial direct costs.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In August 2016, the FASB issued guidance codified in ASU 2016-15, </font><font style="display:inline;font-style:italic;">Statement of Cash Flows</font><font style="display:inline;"> (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The standard provides guidance on eight specific cash flow classification issues including debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, and separately identifiable cash flows and application of the predominance principle. The standard will be effective for the fiscal year beginning January 1, 2018, and subsequent interim periods. We do not expect the provisions of ASU 2016-15 to have a material impact on our consolidated financial statements.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In January 2017, the FASB issued guidance codified in ASU 2017-04, </font><font style="display:inline;font-style:italic;">Intangibles &#x2013; Goodwill and Other</font><font style="display:inline;"> (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 simplifies the accounting for goodwill impairment by eliminating the process of measuring the implied value of goodwill, known as step two, from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. The standard will be effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. We do not expect the provisions of ASU 2017-04 to have a material impact on our consolidated financial statements.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In August 2017, the FASB issued guidance codified in ASU 2017-12, </font><font style="display:inline;font-style:italic;">Derivatives and Hedging</font><font style="display:inline;"> (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 simplifies hedge accounting by eliminating the requirement to separately measure and report hedge ineffectiveness and presenting all items that affect earnings in the same income statement line item as the hedged item. The standard will be effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. We do not expect the provisions of ASU 2017-12 to have a material impact on our consolidated financial statements.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Use of Estimates</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The preparation of these consolidated financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. We evaluate our estimates, including those related to assessing the carrying values of our real estate properties, goodwill, accrued liabilities and performance-based equity compensation plans. We base our estimates on historical experience, current market conditions, and various other assumptions that we believe to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could vary under different assumptions or conditions.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Reclassifications</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Certain immaterial amounts included in the consolidated financial statements for 2016 and 2015 have been reclassified to conform to the 2017 financial statement presentation.</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Investments in Real Estate</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Real estate investments are carried at cost less accumulated depreciation and amortization. The cost of real estate includes the purchase price of property and leasehold improvements. Expenditures for maintenance and repairs are expensed as incurred. Significant renovations and betterments that extend the economic useful lives of assets are capitalized. During land development and construction periods, we capitalize construction costs, legal fees, financing costs, real estate taxes and insurance, rent expense and internal costs of personnel performing development, if such costs are incremental and identifiable to a specific development project. Capitalization of costs begins upon commencement of development efforts and ceases when the project is ready for its intended use and held available for occupancy. Interest is capitalized during the period of development based upon applying the weighted-average borrowing rate to the actual development costs expended. Capitalized interest costs were $3.3&nbsp;million, $4.1&nbsp;million and $3.7&nbsp;million for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Depreciation and amortization are calculated using the straight&#8209;line method over the following useful lives of the assets:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Buildings</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp; &nbsp;</font></p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">27 to 40 years</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Building improvements</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">1 to 10 years</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Leasehold improvements</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">The shorter of the lease term or useful life of the asset</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Depreciation expense was $108.1&nbsp;million, $89.2&nbsp;million and $76.1&nbsp;million for the years ended December 31, 2017, &nbsp;2016 and 2015, respectively.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Acquisition of Investment in Real Estate</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">When accounting for business combinations and asset acquisitions, the fair value of the real estate acquired is allocated to the acquired tangible assets, consisting primarily of land, building and building improvements, and identified intangible assets and liabilities, consisting of the value of above-market and below-market leases, value of in-place leases and the value of customer relationships.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The fair value of the land and building of an acquired property is determined by valuing the property as if it were vacant, and the &#x201C;as-if-vacant&#x201D; fair value is then allocated to land and building based on management&#x2019;s determination of the fair values of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The fair value of intangibles related to in-place leases includes the value of lease intangibles for above-market and below-market leases, lease origination costs, and customer relationships, determined on a lease-by-lease basis. Above-market and below-market leases are valued based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management's estimate of market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of the lease and, for below-market leases, over a time period equal to the initial term plus any below-market fixed rate renewal periods. Lease origination costs include estimates of costs avoided associated with leasing the property, including tenant allowances and improvements and leasing commissions. Customer relationship intangibles relate to the additional revenue opportunities expected to be generated through interconnection services and utility services to be provided to the in-place lease tenants. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The capitalized values for above and below-market lease intangibles, lease origination costs, and customer relationships are amortized over the term of the underlying leases or the expected customer relationship. Amortization related to above-market and below-market leases where the Company is the lessor is recorded as either a reduction of or an increase to rental revenue, amortization related to above-market and below-market leases where the Company is the lessee is recorded as either a reduction of or an increase to rent expense. If a lease is terminated prior to its stated expiration, all unamortized amounts relating to that lease are written off. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The carrying value of intangible assets is reviewed for impairment in connection with its respective asset group whenever events or changes in circumstances indicate that the asset group may not be recoverable. An impairment loss is recognized if the carrying amount of the asset group is not recoverable and its carrying amount exceeds its estimated fair value. No impairment loss related to these intangible assets was recognized for the years ended December 31, 2017, &nbsp;2016, or 2015.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The excess of the cost of an acquired business over the net of the amounts assigned to assets acquired (including identified intangible assets) and liabilities assumed is recorded as goodwill. As of December 31, 2017, and 2016, we had approximately $40.6 million and $41.2&nbsp;million of goodwill, respectively. The Company&#x2019;s goodwill has an indeterminate life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. No impairment loss was recognized for the years ended &nbsp;December 31, 2017, &nbsp;2016, or 2015. During the year ended December 31, 2017, goodwill was reduced by $0.5 million due to the receipt of cash from an escrow account associated with an entity acquired at the time of the Company&#x2019;s initial public offering (&#x201C;IPO&#x201D;).</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Cash and Cash Equivalents</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Cash and cash equivalents include all non&#8209;restricted cash held in financial institutions and other non&#8209;restricted highly liquid short&#8209;term investments with original maturities at acquisition of three months or less.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Deferred Costs</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred leasing costs include commissions paid to third parties, including brokers, leasing and referral agents, and internal sales commissions paid to employees for successful execution of lease agreements. These commissions and other direct and incremental costs incurred to obtain new customer leases are capitalized and amortized over the term of the related leases using the straight-line method. If a customer lease terminates prior to the expiration of its initial term, any unamortized deferred costs related to the lease are written off to amortization expense. Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands): </font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:19.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Internal sales commissions</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 17,402</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 18,748</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Third party commissions</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,802</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,643</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">External legal counsel</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 775</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 730</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:52.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 29,979</font></p> </td> <td valign="bottom" style="width:03.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:16.76%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 33,121</font></p> </td> <td valign="bottom" style="width:01.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred financing costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are capitalized and amortized on a straight-line basis, which approximates the effective-interest method, over the term of the loan and the amortization is included as a component of interest expense. Depending on the type of debt instrument, deferred financing costs are reported either in other assets or as a direct deduction from the carrying amount of the related debt liabilities in our consolidated balance sheets.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Recoverability of Long&#8209;Lived Assets</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We review our long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized when estimated expected future cash flows (undiscounted and without interest charges) are less than the carrying amount of the assets. The estimation of expected future net cash flows is inherently uncertain and relies, to a considerable extent, on assumptions regarding current and future economics and market conditions and the availability of capital. If, in future periods, there are changes in the estimates or assumptions incorporated into the impairment review analysis, the changes could result in an adjustment to the carrying amount of the long-lived assets. To the extent that impairment has occurred, the excess of the carrying amount of long-lived assets over its estimated fair value would be recognized as an impairment loss charged to net income. For the years ended December 31, 2017, &nbsp;2016, and 2015, &nbsp;no impairment of long-lived assets was recognized.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Derivative Instruments and Hedging Activities</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We reflect all derivative instruments at fair value as either assets or liabilities on the consolidated balance sheets. For those derivative instruments that are designated and qualify as hedging instruments, we record the effective portion of the gain or loss on the hedging instruments as a component of accumulated other comprehensive income or loss. Any ineffective portion of a derivative&#x2019;s change in fair value is immediately recognized within net income. For derivatives that do not meet the criteria for hedge accounting, changes in fair value are immediately recognized within net income. See additional discussion in Note 9 Derivatives and Hedging Activities.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Internal-Use Software</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We recognize internal-use software development costs based on the development stage of the project and nature of the cost. Internal and external costs incurred during the preliminary project stage are expensed as they are incurred. Internal and external costs incurred to develop internal-use software during the application development stage are capitalized. Internal and external training costs and maintenance costs during the post-implementation-operation stage are expensed as incurred. Completed projects are placed into service and amortized over the estimated useful life of the software. For the years ended December 31, 2017, and&nbsp;2016, &nbsp;no impairment was recognized related to impairment of internal use software. For the year ended December 31,&nbsp;2015, we recorded $0.3 million related to impairment of internal use software. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Our SaaS arrangements are capitalized when we have a contractual right to take possession of the software at any point during the period without significant penalty and it is feasible to run the software on our own hardware or we are able to contract with an unrelated third party to run the software. Any arrangements that do not meet these criterion are accounted for as a service contract and the costs are expensed as the services are performed.&nbsp; </font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Revenue Recognition</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our customer arrangements contain lease and nonlease elements. Consideration called for by the arrangement is separated at the inception of the arrangement into the lease and nonlease elements based on the relative fair value of each element. For the lease elements, rental revenue is recognized on a straight&#8209;line basis over the customer&#x2019;s lease term.&nbsp;&nbsp;The excess of rents recognized over amounts contractually due pursuant to the underlying leases is recorded as deferred rent receivable within our consolidated balance sheets. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Nonlease elements include power and interconnection services. Power revenue is recognized each month as the power services are delivered to and utilized by our customers. Power services may include non&#8209;recurring customer set&#8209;up charges and installation fees that are initially deferred and recognized over the expected performance period. Interconnection services are contracted on a month-to-month basis and revenue is recognized each month as these services are delivered to and utilized by our customers. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Some of our data center leases contain provisions under which our customers reimburse us for a portion of real estate taxes, insurance, common area maintenance, and other recoverable costs.&nbsp;&nbsp;Such customer reimbursements are recognized in the period that the expenses are recognized. </font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">A provision for uncollectible accounts is recorded if a receivable balance relating to contractual rent, rent recorded on a straight-line basis, tenant reimbursements or other billed amounts is considered by management to be uncollectible. At December 31, 2017, and 2016, the allowance for doubtful accounts totaled $1.1&nbsp;million and $0.2&nbsp;million, respectively.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Share&#8209;Based Compensation</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We account for share-based compensation using the fair value method of accounting. The estimated fair value of the stock options granted by us is calculated based on the Black-Scholes option-pricing model. The fair value of restricted share-based and Operating Partnership unit compensation is based on the fair value of our common stock on the date of the grant. The fair value of performance share awards, which have a market condition, is based on a Monte Carlo simulation. The fair value for all share-based compensation is amortized on a straight-line basis over the vesting period. We have elected to account for forfeitures as they occur.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Asset Retirement and Environmental Remediation Obligations</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We record accruals for estimated asset retirement and environmental remediation obligations. The obligations relate primarily to the removal of asbestos during development of properties as well as the estimated equipment removal costs upon termination of a certain lease where we are the lessee. At December 31, 2017, and 2016, the amount included in unearned revenue, prepaid rent and other liabilities on the consolidated balance sheets was approximately $1.5&nbsp;million and $1.4&nbsp;million, respectively.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Income Taxes</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the &#x201C;Code&#x201D;), commencing with our taxable year ended December 31, 2010. To qualify as a REIT, we are required to distribute at least 90% of our taxable income to our stockholders and meet various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership. Provided we qualify for taxation as a REIT, we generally are not subject to corporate level federal income tax on the earnings distributed currently to our stockholders. If we fail to qualify as a REIT in any taxable year, and are unable to avail ourselves of certain savings provisions set forth in the Code, all of our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">To maintain REIT status, we must distribute a minimum of 90% of our taxable income. However, it is our policy and intent, subject to change, to distribute 100% of our taxable income and therefore, no provision is required in the accompanying consolidated financial statements for federal income taxes with regards to activities of the REIT and its subsidiary pass&#8209;through entities. The allocable share of taxable income is included in the income tax returns of its stockholders. The Company is subject to the statutory requirements of the locations in which it conducts business. State and local income taxes are accrued as deemed required in the best judgment of management based on analysis and interpretation of respective tax laws.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We have elected to treat certain subsidiaries as taxable REIT subsidiaries (&#x201C;TRS&#x201D;). Certain activities that we undertake must be conducted by a TRS, such as services for our tenants that could be considered otherwise impermissible for us to perform and holding assets that we cannot hold directly. A TRS is subject to corporate level federal and state income taxes. </font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred income taxes are recognized in certain taxable entities. Deferred income tax generally is a function of the period&#x2019;s temporary differences (items that are treated differently for tax purposes than for financial reporting purposes), the utilization of tax net operating losses generated in prior years that previously had been recognized as deferred income tax assets and the reversal of any previously recorded deferred income tax liabilities. A valuation allowance for deferred income tax assets is provided if we believe all or some portion of the deferred income tax asset may more likely than not be realized. Any increase or decrease in the valuation allowance resulting from a change in circumstances that causes a change in the estimated realizability of the related deferred income tax asset is included in deferred tax expense. As of December 31, 2017, and 2016, the gross deferred income taxes were not material.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We currently have no liabilities for uncertain income tax positions. The earliest tax year for which we are subject to examination is 2014. &nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Concentration of Credit Risks</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our cash and cash equivalents are maintained in various financial institutions, which, at times, may exceed federally insured limits. We have not experienced any losses in such accounts, and management believes that the Company is not exposed to any significant credit risk in this area. We have no off&#8209;balance sheet concentrations of credit risk, such as foreign exchange contracts, option contracts, or foreign currency hedging arrangements.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Segment Information</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We manage our business as one reportable segment consisting of investments in data centers located in the United States. Although we provide services in several markets, these operations have been aggregated into one reportable segment based on the similar economic characteristics amongst all markets, including the nature of the services provided and the type of customers purchasing these services.</font> </p><div /></div> </div> 96372000 103501000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">6. Other Assets</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our other assets consisted of the following, net of amortization and depreciation, if applicable, as of December 31, 2017, and 2016 (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred rent receivable</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 40,038</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 36,393</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred leasing costs</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 29,979</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 33,121</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Internal-use software</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 17,477</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 14,440</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Prepaid expenses</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 6,770</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 4,390</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Corporate furniture, fixtures and equipment</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 6,408</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 5,356</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred financing costs - revolving credit facility</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 957</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,604</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Other</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,872</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,068</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 103,501</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 96,372</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred leasing costs are amortized as amortization expense on a straight&#8209;line basis over the remaining lease terms of the underlying leases. The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year&nbsp;Ending&nbsp;December</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">31, </font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;"> &nbsp; </font></p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,845</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 8,194</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 3,900</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,560</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,019</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,461</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:02.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 29,979</font></p> </td> <td valign="bottom" style="width:01.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font> </p><div /></div> </div> 1068000 1872000 -496000 -67000 -429000 -67000 628000 598000 30000 598000 1203000 854000 349000 854000 -1930000 -1740000 -623000 -2426000 2400000 -1112000 1100000 580000 600000 20218000 14174000 8500000 8500000 7000 3000000 3007000 15011 15011 122196000 293359000 153956000 -2399000 7736000 5878000 7850000 2315000 2981000 2410000 87420000 108807000 172484000 65000000 12200000 4500000 12158000 12200000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">14. Employee Benefit Plan</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We have a tax qualified retirement 401(k) plan that provides employees with an opportunity to save for retirement on a tax advantaged basis. Employees are eligible to participate upon hire. Additionally, on the first of the month following after six months of employment, we provide a safe harbor contribution equal to 3% of the participant&#x2019;s annual salary. The employee and employer contributions are limited to the maximum amount allowed by the Internal Revenue Service. Both employee and employer contributions vest immediately. For the years ended December 31, 2017, &nbsp;2016, and 2015, our contributions were $1.1 million,&nbsp;$0.9 million, and $0.8 million, respectively.</font> </p><div /></div> </div> 0.25 0.50 0.0725 0.0725 0.0725 8338000 8338000 7924000 25.00 25.00 25.00 115000 115000 0.01 0.01 4326000 25.00 20000000 20000000 4600000 4600000 0 4600000 0 115000000 4390000 6770000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Reclassifications</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Certain immaterial amounts included in the consolidated financial statements for 2016 and 2015 have been reclassified to conform to the 2017 financial statement presentation.</font> </p><div /></div> </div> 150000000 250000000 275000000 87000000 299500000 274000000 -115000000 1393000 1290000 1300000 4820000 4800000 56859000 34706000 22153000 34706000 19606000 81921000 58709000 23212000 58709000 19835000 19319000 23161000 25060000 100491000 74855000 25636000 74855000 24135000 24288000 27008000 5356000 6408000 <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Buildings</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp; &nbsp;</font></p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">27 to 40 years</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Building improvements</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">1 to 10 years</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Leasehold improvements</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">The shorter of the lease term or useful life of the asset</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 201000 398000 1338000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">17. Quarterly Financial Information (unaudited)</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The table below reflects the selected quarterly information for the years ended December 31, 2017, and 2016 (in thousands except share data):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="11" valign="bottom" style="width:42.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Three&nbsp;Months&nbsp;Ended</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December&nbsp;31, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">September&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">June&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">March&nbsp;31,</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Revenue</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 125,946</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 123,068</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 117,886</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 114,921</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Operating income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 33,667</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 30,799</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 30,082</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 30,264</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 27,008</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 24,288</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 24,135</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25,060</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income attributable to common shares</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 14,912</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15,758</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15,643</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 16,292</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - basic</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.44</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.47</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.46</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.49</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - diluted</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.44</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.46</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.46</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.48</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="11" valign="bottom" style="width:40.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Three&nbsp;Months&nbsp;Ended</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December&nbsp;31, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">September&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">June&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">March&nbsp;31,</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Revenue</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 110,508</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 101,274</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 96,090</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 92,480</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Operating income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 27,933</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,505</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,558</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 21,621</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23,161</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,319</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,835</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,606</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income attributable to common shares</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 14,895</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,180</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,035</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,261</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - basic</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.45</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.36</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.38</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.37</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - diluted</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.44</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.36</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.37</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.37</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 1pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font> </p><div /></div> </div> 215978000 284219000 369303000 473141000 51570000 36057000 5861000 2637000 711000 41224000 54603000 3388000 22355000 21677000 1062000 16114000 36235000 19485000 34793000 38042000 2545000 1533000 62379000 20870000 1723959000 106345000 112268000 9288000 4405000 17713000 1667000 79981000 237522000 11640000 38008000 135600000 78757000 238087000 133525000 32942000 52401000 101911000 23605000 36742000 13337000 126007000 132208000 97258000 5154000 5493000 28467000 728000 2388000 11200000 3595000 6863000 5086000 3972000 4501000 2544000 4825000 6903000 5539000 1280265000 78651000 62746000 4491000 4405000 17676000 1663000 38882000 143408000 2315000 38008000 114628000 31808000 237889000 41806000 27896000 48729000 98064000 23577000 36826000 1179000 93068000 132550000 <div> <div> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">CoreSite Realty Corporation</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Schedule II<a name="ScheduleIII_167257"></a>I</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Real Estate and Accumulated Depreciation</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">December 31, 2017</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">(in thousands)</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-size:6pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:25.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Gross&nbsp;Amount&nbsp;Carried&nbsp;at </font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-size:6pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="5" valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Initial&nbsp;Cost</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Costs&nbsp;Capitalized</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:25.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">December 31, 2017</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Accumulated</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Year </font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-size:6pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="middle" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Building&nbsp;and</font></p> </td> <td valign="middle" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="middle" style="width:09.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Subsequent&nbsp;to</font></p> </td> <td valign="middle" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="middle" style="width:06.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="middle" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="middle" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Building&nbsp;and</font></p> </td> <td valign="middle" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="middle" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="middle" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="middle" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="middle" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Depreciation at</font></p> </td> <td valign="middle" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="middle" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Acquired</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Property&nbsp;Name</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Location</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:07.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Land </font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:07.70%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Improvements</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:09.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;"> Acquisition</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:06.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Land </font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Improvements</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:08.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">Total</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:10.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">December 31, 2017</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">or&nbsp;Leased</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 6pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:6pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">BO1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Somerville, MA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 6,100</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 26,748</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 78,651</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,154</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 106,345</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 111,499</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 51,570</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">CH1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Chicago, IL</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,493</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 49,522</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 62,746</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,493</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 112,268</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 117,761</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 36,057</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2010</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">DC1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Washington, DC</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,797</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,491</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 9,288</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 9,288</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,861</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2010</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">DC2</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Washington, DC</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,405</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,405</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,405</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2017</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">DE1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Denver, CO</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 37</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 17,676</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 17,713</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 17,713</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 2,637</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2012</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">DE2</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:justify;text-justify:inter-ideograph;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Denver, CO</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;4</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 1,663</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 1,667</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 1,667</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 711</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2012</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">LA1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Los Angeles, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 41,099</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 38,882</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 79,981</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 79,981</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 41,224</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2010</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">LA2</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Los Angeles, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 28,467</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 94,114</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 143,408</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 28,467</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 237,522</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 265,989</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 54,603</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2010</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">MI1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Miami, FL</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 728</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 9,325</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 2,315</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 728</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 11,640</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 12,368</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 3,388</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2010</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">NY1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">New York, NY</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 38,008</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 38,008</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 38,008</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 22,355</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">NY2</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Secaucus, NJ</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,952</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 18,408</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 114,628</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 2,388</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 135,600</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 137,988</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 21,677</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2013</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">San&nbsp;Jose, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 6,863</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 91,719</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 41,806</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 6,863</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 133,525</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 140,388</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 36,235</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2010</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV2</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Milpitas, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,086</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,046</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 27,896</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,086</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 32,942</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 38,028</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 19,485</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2006</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV3</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Santa&nbsp;Clara, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,162</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 3,482</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 48,729</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 3,972</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 52,401</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 56,373</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 34,793</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV4</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Santa&nbsp;Clara, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,632</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 3,716</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 98,064</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,501</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 101,911</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 106,412</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 38,042</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV5</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Santa&nbsp;Clara, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 2,572</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 23,577</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 2,544</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 23,605</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 26,149</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 2,545</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV6</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Santa&nbsp;Clara, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,741</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 36,826</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 4,825</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 36,742</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 41,567</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 1,533</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV7</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Santa&nbsp;Clara, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 3,793</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 237,889</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 3,595</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 238,087</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 241,682</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 16,114</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">SV8</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Santa&nbsp;Clara, CA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 12,158</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 1,179</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 13,337</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 13,337</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2017</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">VA1</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Reston, VA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 6,903</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 32,939</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 93,068</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 6,903</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 126,007</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 132,910</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 62,379</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">VA2</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Reston, VA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,197</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 132,550</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 5,539</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 132,208</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 137,747</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 20,870</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2007</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Reston Campus Expansion</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">Reston, VA</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 14,200</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 43,949</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 31,808</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 11,200</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 78,757</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 89,957</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;"> 1,062</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;color:#000000;font-size:7pt;">2016</font></p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:15.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-size:7pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">Total</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:05.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 116,047</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:05.98%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 424,905</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:07.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 1,280,265</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:04.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 97,258</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 1,723,959</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:06.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 1,821,217</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;">$</font></p> </td> <td valign="bottom" style="width:08.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 2.25pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 7pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:7pt;"> 473,141</font></p> </td> <td valign="bottom" style="width:01.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:05.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">None of our properties are encumbered.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The aggregate cost of the total properties for federal income tax purposes was approximately $1,706.1&nbsp;million (unaudited) at December 31, 2017.</font> </p> <p style="margin:0pt 0pt 12pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">See accompanying report of independent registered public accounting firm.</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"></font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">CoreSite Realty Corporation</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Schedule III</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Real Estate and Accumulated Depreciation (Continued)</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">December 31, 2017</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">(in thousands)</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table reconciles the historical cost and accumulated depreciation of our properties for the years ended December 31, 2017, &nbsp;2016, and 2015:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:45.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Ended&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2015</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Property</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp; &nbsp;</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Balance, beginning of year</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,643,576</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,295,135</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 1,146,548</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Additions - property acquisitions</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,158</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 58,149</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">&nbsp;&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Additions - improvements</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 165,483</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 290,292</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 148,587</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Balance, end of year</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,821,217</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,643,576</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,295,135</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Accumulated Depreciation</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Balance, beginning of year</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 369,303</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 284,219</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 215,978</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Additions, net of disposals</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 103,838</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 85,084</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 68,241</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:50.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Balance, end of year</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 473,141</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 369,303</font></p> </td> <td valign="bottom" style="width:02.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.52%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 284,219</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">See accompanying report of independent registered public accounting firm.</font> </p><div /></div> </div> 424905000 26748000 49522000 4797000 37000 4000 41099000 94114000 9325000 18408000 43949000 91719000 5046000 3482000 3716000 32939000 116047000 6100000 5493000 28467000 728000 4952000 14200000 3793000 6863000 5086000 4162000 4632000 2572000 4741000 12158000 6903000 5197000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">5. Investment in Real Estate</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following is a summary of the properties owned or leased by market at December 31, 2017 (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Buildings&nbsp;and</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Construction&nbsp;in</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Market</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Land</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Improvements</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Progress</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Total&nbsp;Cost</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Boston</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 5,154</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 106,317</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 111,499</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Chicago</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 5,493</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 101,798</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 10,470</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 117,761</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Denver</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,193</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 187</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,380</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Los Angeles</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28,467</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 273,000</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44,503</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 345,970</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Miami</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 728</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,612</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,368</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">New York</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2,388</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 132,413</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 41,195</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 175,996</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Northern Virginia</font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23,642</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 300,329</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 50,336</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 374,307</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">San Francisco Bay</font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(2)</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 31,386</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 616,394</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 16,156</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 663,936</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total </font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 97,258</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,561,056</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 162,903</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,821,217</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:.75pt;color:#000;background-color:#000;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">On February 23, 2017, we executed a ten-year lease for 25,000 square feet at a new property, which we refer to as DC2, to further expand our data center presence in Washington D.C., within our Northern Virginia market. DC2 is under construction as of December 31, 2017. &nbsp;</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (2)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We will account for the $0.3 million of cash receipts as ancillary operations which will reduce the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.</font></p></td></tr></table></div><div /></div> </div> 1146548000 1295135000 1643576000 1821217000 111499000 117761000 9288000 4405000 17713000 1667000 79981000 265989000 12368000 38008000 137988000 89957000 241682000 140388000 38028000 56373000 106412000 26149000 41567000 13337000 132910000 137747000 148587000 290292000 165483000 369303000 473141000 1821217000 111499000 117761000 19380000 345970000 12368000 175996000 374307000 663936000 1274273000 1348076000 58149000 12158000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Investments in Real Estate</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Real estate investments are carried at cost less accumulated depreciation and amortization. The cost of real estate includes the purchase price of property and leasehold improvements. Expenditures for maintenance and repairs are expensed as incurred. Significant renovations and betterments that extend the economic useful lives of assets are capitalized. During land development and construction periods, we capitalize construction costs, legal fees, financing costs, real estate taxes and insurance, rent expense and internal costs of personnel performing development, if such costs are incremental and identifiable to a specific development project. Capitalization of costs begins upon commencement of development efforts and ceases when the project is ready for its intended use and held available for occupancy. Interest is capitalized during the period of development based upon applying the weighted-average borrowing rate to the actual development costs expended. Capitalized interest costs were $3.3&nbsp;million, $4.1&nbsp;million and $3.7&nbsp;million for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Depreciation and amortization are calculated using the straight&#8209;line method over the following useful lives of the assets:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Buildings</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp; &nbsp;</font></p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">27 to 40 years</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Building improvements</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">1 to 10 years</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Leasehold improvements</font></p> </td> <td valign="middle" style="width:02.24%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:68.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">The shorter of the lease term or useful life of the asset</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Depreciation expense was $108.1&nbsp;million, $89.2&nbsp;million and $76.1&nbsp;million for the years ended December 31, 2017, &nbsp;2016 and 2015, respectively.</font> </p><div /></div> </div> 333292000 92480000 400352000 96090000 101274000 110508000 114921000 481821000 117886000 123068000 125946000 12144000 14250000 14913000 1600000000 1203535000 1185173000 163250000 247750000 298500000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Revenue Recognition</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our customer arrangements contain lease and nonlease elements. Consideration called for by the arrangement is separated at the inception of the arrangement into the lease and nonlease elements based on the relative fair value of each element. For the lease elements, rental revenue is recognized on a straight&#8209;line basis over the customer&#x2019;s lease term.&nbsp;&nbsp;The excess of rents recognized over amounts contractually due pursuant to the underlying leases is recorded as deferred rent receivable within our consolidated balance sheets. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Nonlease elements include power and interconnection services. Power revenue is recognized each month as the power services are delivered to and utilized by our customers. Power services may include non&#8209;recurring customer set&#8209;up charges and installation fees that are initially deferred and recognized over the expected performance period. Interconnection services are contracted on a month-to-month basis and revenue is recognized each month as these services are delivered to and utilized by our customers. </font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Some of our data center leases contain provisions under which our customers reimburse us for a portion of real estate taxes, insurance, common area maintenance, and other recoverable costs.&nbsp;&nbsp;Such customer reimbursements are recognized in the period that the expenses are recognized. </font> </p> <p style="margin:0pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">A provision for uncollectible accounts is recorded if a receivable balance relating to contractual rent, rent recorded on a straight-line basis, tenant reimbursements or other billed amounts is considered by management to be uncollectible. At December 31, 2017, and 2016, the allowance for doubtful accounts totaled $1.1&nbsp;million and $0.2&nbsp;million, respectively.</font> </p><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="middle" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="middle" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="3" valign="bottom" style="width:27.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31, 2017</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="3" valign="bottom" style="width:27.20%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="middle" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number&nbsp;of&nbsp;Units</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Percentage&nbsp;of&nbsp;Total</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number&nbsp;of&nbsp;Units</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Percentage&nbsp;of&nbsp;Total</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">CoreSite Realty Corporation</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 33,826,264</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 71.0</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 33,376,568</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 70.7</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">%</font></p> </td> </tr> <tr> <td valign="bottom" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Noncontrolling interests</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,836,336</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29.0</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 13,851,347</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29.3</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:38.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 47,662,600</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 100.0</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">%&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:11.82%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 47,227,915</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:13.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 100.0</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">%</font></p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">A summary of outstanding indebtedness as of December 31, 2017, and 2016, is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Maturity </font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Interest&nbsp;Rate</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Date</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:09.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Revolving credit facility</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.11% and 2.32% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">June 24, 2019</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 169,500</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 194,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2020 Senior unsecured term loan</font><font style="display:inline;color:#000000;font-size:9pt;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.00% and 2.60% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">June 24, 2020</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2021 Senior unsecured term loan</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.06% and 2.27% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">February 2, 2021</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 100,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 100,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2022 Senior unsecured term loan</font><font style="display:inline;color:#000000;font-size:9pt;font-size:5pt;top:-4pt;position:relative;line-height:100%">(2)</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.04% and 3.23% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">April 19, 2022</font></p> </td> <td valign="top" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 200,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 100,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2023 Senior unsecured notes</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">4.19% at December 31, 2017, and December 31, 2016, respectively</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">June 15, 2023</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 150,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">2024 Senior unsecured notes</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">3.91% at December 31, 2017</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">April 20, 2024</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 175,000</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Total principal outstanding</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">`</font></p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 944,500</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 694,000</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Unamortized deferred financing costs</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> (4,930)</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> (3,550)</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="top" style="width:29.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Total debt</font></p> </td> <td valign="top" style="width:01.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:30.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 939,570</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="top" style="width:08.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 690,450</font></p> </td> <td valign="top" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;">Our Operating Partnership has in place a swap agreement with respect to the 2020 Term Loan (as defined below) to swap the variable interest rate associated with $75 million, or 50% of the principal amount, of the 2020 Term Loan to a fixed rate of approximately 2.93% per annum at our current leverage ratio. The interest rate on the remaining $75 million of the 2020 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.00%. See &#x201C;Derivatives and Hedging Activities&#x201D; in Note 9 below. &nbsp; &nbsp;</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (2)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;">Our Operating Partnership has in place a swap agreement with respect to the 2022 Term Loan (as defined below) to swap the variable interest rate associated with $50&nbsp;million, or 25% of the principal amount, of the 2022 Term Loan to a fixed rate of approximately 2.98%&nbsp;per annum at our current leverage ratio through January 31, 2019. The interest rate on the remaining $150 million of the 2022 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.04%. See &#x201C;Derivatives and Hedging Activities&#x201D; in Note 9 below. &nbsp; &nbsp;</font></p></td></tr></table></div><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:32.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Year&nbsp;Ended&nbsp;December&nbsp;31, </font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Record</font><font style="display:inline;font-family:Calibri;font-weight:bold;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;font-size:8pt;">Date</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2015</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Common Stock:</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Ordinary income</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 2.13</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 2.36</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.70</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Qualified dividend</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Capital gains</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Return of capital</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 0.91</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="middle" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total dividend </font><font style="display:inline;font-weight:bold;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="middle" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 3.04</font></p> </td> <td valign="middle" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 2.36</font></p> </td> <td valign="middle" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.70</font></p> </td> <td valign="middle" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Preferred Stock:</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Ordinary income</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.36</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.81</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.81</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Qualified dividend</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Capital gains</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total dividend </font><font style="display:inline;font-weight:bold;font-size:5pt;top:-4pt;position:relative;line-height:100%">(2)</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.36</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.81</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.81</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">A &nbsp;$0.98 per share or unit distribution was paid in January, all of which will apply to tax year 2018. Of the $2.36 taxable dividend in 2016, $0.80 was paid in January 2017, of which $0.44 will apply to tax year 2017. Of the $1.70 taxable dividend in 2015, $0.53 was paid in January 2016, of which $0.41 will apply to tax year 2016. </font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (2)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">All outstanding shares and dividends of the 7.25% Series A Cumulative Redeemable Preferred Stock were redeemed at $25.292014 per share at December 12, 2017. Of the $1.81 taxable dividend in 2016, $0.45 was paid in January 2017. Of the $1.81 taxable dividend in 2015, $0.45 was paid in January 2016. </font></p></td></tr></table></div><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following is a summary of basic and diluted net income per share (in thousands, except share and per share amounts):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-size:9pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:44.18%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Year Ended December 31,</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-size:9pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">2017</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">2016</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">2015</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Net income attributable to common shares</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 62,605</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 50,371</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 26,368</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Weighted-average common shares outstanding - basic</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 33,792,759</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 32,289,414</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 25,218,500</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Effect of potentially dilutive common shares:</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Stock options</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 88,399</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 192,464</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 302,264</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;">Unvested awards</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 177,791</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 250,181</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;color:#000000;font-size:9pt;"> 185,804</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Weighted-average common shares outstanding - diluted</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 34,058,949</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 32,732,059</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 25,706,568</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Net income per share attributable to common shares</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Basic</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.85</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.56</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$ 1.05</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">Diluted</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.84</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$</font></p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;"> 1.54</font></p> </td> <td valign="bottom" style="width:02.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 9pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:9pt;">$ 1.03</font></p> </td> <td valign="bottom" style="width:01.46%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The estimated amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Year&nbsp;Ending&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2018</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,931</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2019</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,481</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2020</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 897</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2021</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 856</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">2022</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 705</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 251</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:86.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total</font></p> </td> <td valign="bottom" style="width:02.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:08.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 6,121</font></p> </td> <td valign="bottom" style="width:01.44%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Above-market and below-market lease intangibles and other intangibles balances at December 31, 2017, and 2016, are as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Lease contracts above-market value</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 714</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 2,080</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&nbsp; </font></p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accumulated amortization</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (532)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (1,698)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Lease contracts above-market value, net</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 182</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 382</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Lease contracts below-market value</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 9,102</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 9,731</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accumulated amortization</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (5,608)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (5,439)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Lease contracts below-market value, net</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 3,494</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 4,292</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Other identified intangible assets</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 14,174</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 20,218</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Accumulated amortization</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (8,053)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> (10,687)</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:69.74%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Other identified intangible assets, net</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 6,121</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:09.88%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 9,531</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The future minimum lease payments to be paid under noncancelable real estate leases in effect at December 31, 2017, are as follows (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Year&nbsp;Ending&nbsp;December&nbsp;31,</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font><font style="display:inline;font-family:Calibri;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 21,264</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,491</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,928</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,676</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15,550</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,874</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:84.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total</font></p> </td> <td valign="bottom" style="width:02.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.56%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 116,783</font></p> </td> <td valign="bottom" style="width:01.28%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following table summarizes the amount of our outstanding debt as of December 31, 2017, based on when such debt currently becomes due (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Year Ending December 31,</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2018</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2019</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 169,500</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2020</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 150,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2021</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 100,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2022</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 200,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Thereafter</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 325,000</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Total principal outstanding</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 944,500</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unamortized deferred financing costs</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (4,930)</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:83.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total debt, net</font></p> </td> <td valign="bottom" style="width:02.66%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:10.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 939,570</font></p> </td> <td valign="bottom" style="width:01.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our other assets consisted of the following, net of amortization and depreciation, if applicable, as of December 31, 2017, and 2016 (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">December 31,</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:12.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred rent receivable</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 40,038</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 36,393</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred leasing costs</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 29,979</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 33,121</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Internal-use software</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 17,477</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 14,440</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Prepaid expenses</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 6,770</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 4,390</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Corporate furniture, fixtures and equipment</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 6,408</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 5,356</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Deferred financing costs - revolving credit facility</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 957</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,604</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Other</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,872</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1,068</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:70.90%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 103,501</font></p> </td> <td valign="bottom" style="width:02.06%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:10.54%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 96,372</font></p> </td> <td valign="bottom" style="width:00.94%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The table below reflects the selected quarterly information for the years ended December 31, 2017, and 2016 (in thousands except share data):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="11" valign="bottom" style="width:42.36%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Three&nbsp;Months&nbsp;Ended</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December&nbsp;31, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">September&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">June&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">March&nbsp;31,</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:08.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Revenue</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 125,946</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 123,068</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 117,886</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 114,921</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Operating income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 33,667</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 30,799</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 30,082</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 30,264</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 27,008</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 24,288</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 24,135</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25,060</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income attributable to common shares</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 14,912</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15,758</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15,643</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 16,292</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - basic</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.44</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.47</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.46</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.49</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:55.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - diluted</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.44</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.46</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.46</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.48</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="11" valign="bottom" style="width:40.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Three&nbsp;Months&nbsp;Ended</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">December&nbsp;31, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">September&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">June&nbsp;30, </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">March&nbsp;31,</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:09.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:10.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="top" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="top" style="width:07.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Revenue</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 110,508</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 101,274</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 96,090</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 92,480</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Operating income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 27,933</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,505</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22,558</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 21,621</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income </font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23,161</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,319</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,835</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,606</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Net income attributable to common shares</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 14,895</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,180</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,035</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,261</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - basic</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.45</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.36</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.38</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.37</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:57.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Net income per share attributable to common shares - diluted</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.44</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:08.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.36</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.37</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:06.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 0.37</font></p> </td> <td valign="bottom" style="width:00.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The following is a summary of the properties owned or leased by market at December 31, 2017 (in thousands):</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Buildings&nbsp;and</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Construction&nbsp;in</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Market</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Land</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Improvements</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Progress</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:14.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Total&nbsp;Cost</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Boston</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 5,154</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 106,317</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 111,499</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Chicago</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 5,493</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 101,798</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 10,470</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 117,761</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Denver</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,193</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 187</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,380</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Los Angeles</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28,467</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 273,000</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44,503</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 345,970</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Miami</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 728</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,612</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 12,368</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">New York</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 2,388</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 132,413</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 41,195</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 175,996</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Northern Virginia</font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23,642</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 300,329</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 50,336</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 374,307</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">San Francisco Bay</font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(2)</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 31,386</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 616,394</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 16,156</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 663,936</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:29.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Total </font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 97,258</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,561,056</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 162,903</font></p> </td> <td valign="bottom" style="width:03.10%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.96%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.26%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 1,821,217</font></p> </td> <td valign="bottom" style="width:01.64%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:.75pt;color:#000;background-color:#000;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">On February 23, 2017, we executed a ten-year lease for 25,000 square feet at a new property, which we refer to as DC2, to further expand our data center presence in Washington D.C., within our Northern Virginia market. DC2 is under construction as of December 31, 2017. &nbsp;</font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (2)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We will account for the $0.3 million of cash receipts as ancillary operations which will reduce the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.</font></p></td></tr></table></div><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted-</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.00%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:12.86%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Average Fair</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="5" valign="bottom" style="width:36.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Performance-Based Restricted Stock Awards</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Value at Grant</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Minimum</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Maximum</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Target</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Date</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2014</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 85,851</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 57,233</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.89</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,222</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 78,553</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44,886</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 61.22</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Performance adjustment </font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 9,981</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (7,190)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,465)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,458)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (13,657)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (8,572)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 43.38</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (594)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (594)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (594)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.89</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2015</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19,151</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 142,963</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 91,488</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 42.78</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,796</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 82,572</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 47,184</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 84.78</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Performance adjustment </font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29,256</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 11,893</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (13,474)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (55,916)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (34,695)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 69.12</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,894)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,894)</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (1,894)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 42.17</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44,835</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 167,725</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 113,976</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 54.24</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 7,210</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 50,472</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 28,841</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 105.50</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Performance adjustment </font><font style="display:inline;color:#000000;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 62,841</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 23,725</font></p> </td> <td valign="top" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="top" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (5,674)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (16,836)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="top" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (11,255)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 79.09</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (70,518)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (70,518)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (70,518)</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 25.89</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:43.78%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Unvested balance, December 31, 2017</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 38,694</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.16%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 130,843</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:10.02%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 84,769</font></p> </td> <td valign="bottom" style="width:02.84%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.80%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:11.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 84.63</font></p> </td> <td valign="bottom" style="width:01.48%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:.75pt;color:#000;background-color:#000;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="margin:0pt;font-size:10pt;font-family:Times New Roman,Times,serif;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt;"> <font style="display:inline;color:#000000;">Includes the annual adjustment for the number of PSAs earned based on our achievement of relative TSR measured versus the MSCI US REIT Index for the applicable performance periods.</font></p></td></tr></table></div><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Restricted Stock</font></p> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Awards and</font></p> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Units</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;&nbsp;&nbsp;&nbsp;</font></p> </td> <td colspan="2" valign="bottom" style="width:13.72%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average Fair<br />Value at<br />Grant Date</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2014</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 394,016</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 29.10</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 187,644</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 47.41</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (34,788)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 36.06</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (169,260)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 26.96</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2015</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 377,612</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 38.51</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 182,628</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 66.69</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (37,383)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 53.87</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (199,216)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 36.57</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Unvested balance, December 31, 2016</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 323,641</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 53.84</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 139,788</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 85.79</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (34,020)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 64.00</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Vested</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (139,566)</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 44.31</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:67.50%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Unvested balance, December 31, 2017</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 289,843</font></p> </td> <td valign="bottom" style="width:02.14%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.34%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:12.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 70.71</font></p> </td> <td valign="bottom" style="width:02.12%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> <div> <div> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 100.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;height:1.00pt;overflow:hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Number of<br />Shares Subject<br />to Option</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:10.42%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average<br />Exercise<br />Price</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Weighted<br />Average<br />Remaining<br />Contractual<br />Term</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;color:#000000;font-size:8pt;">Aggregate<br />Intrinsic<br />Value</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;color:#000000;font-size:8pt;">&nbsp;</font></p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Options outstanding, December 31, 2014</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 758,095</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 20.94</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">6.7 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 13.7 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&nbsp; </font></p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercised</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (410,322)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 20.15</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 12.0 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (7,281)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 27.53</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expired</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (282)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 15.23</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Options outstanding, December 31, 2015</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 340,210</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 21.77</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">5.8 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 11.9 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercised</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (74,660)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 17.27</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 3.8 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expired</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Options outstanding, December 31, 2016</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 265,550</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22.96</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">5.0 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 15.0 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Granted</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercised</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> (197,761)</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 24.37</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 13.3 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Forfeited</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Expired</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">Options outstanding, December 31, 2017</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 67,789</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;"> 19.12</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">3.4 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;color:#000000;">$ 6.4 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">Exercisable at December 31, </font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2015</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 234,943</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 18.47</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">5.4 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 9.0 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2016</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 249,227</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 22.29</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">4.9 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 14.2 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:51.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">2017</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 67,789</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$</font></p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;"> 19.12</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">3.4 years</font></p> </td> <td valign="bottom" style="width:01.60%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:11.62%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;color:#000000;">$ 6.4 million</font></p> </td> <td valign="bottom" style="width:01.58%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;text-align:center;color:#000000;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font> </p><div /></div> </div> 68241000 85084000 103838000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Segment Information</font> </p> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We manage our business as one reportable segment consisting of investments in data centers located in the United States. Although we provide services in several markets, these operations have been aggregated into one reportable segment based on the similar economic characteristics amongst all markets, including the nature of the services provided and the type of customers purchasing these services.</font> </p><div /></div> </div> 15930000 17495000 18176000 1400000 7114000 8892000 8946000 P2Y4M24D P1Y9M18D 34788 8572 13657 1458 37383 34695 55916 13474 34020 11255 16836 5674 36.06 43.38 53.87 69.12 64.00 79.09 187644 44886 78553 11222 182628 47184 82572 11796 139788 28841 50472 7210 47.41 61.22 66.69 84.78 85.79 105.50 394016 57233 85851 377612 91488 142963 19151 323641 113976 167725 44835 289843 84769 130843 38694 29.10 25.89 38.51 42.78 53.84 54.24 70.71 84.63 169260 594 594 594 199216 1894 1894 1894 139566 70518 70518 70518 26.96 25.89 36.57 42.17 44.31 25.89 P2Y9M29D P2Y9M29D P2Y9M22D 0.2551 0.2529 0.2333 0.0102 0.0097 0.0160 6000000 3048508 9000000 14200000 6400000 234943 249227 67789 18.47 22.29 19.12 P5Y4M24D P4Y10M24D P3Y4M24D 12000000 3800000 13300000 282 7281 7.75 9.13 9.99 13700000 11900000 15000000 758095 340210 265550 67789 20.94 21.77 22.96 19.12 P6Y8M12D P5Y9M18D P5Y P3Y4M24D 20.15 17.27 24.37 15.23 27.53 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Share&#8209;Based Compensation</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">We account for share-based compensation using the fair value method of accounting. The estimated fair value of the stock options granted by us is calculated based on the Black-Scholes option-pricing model. The fair value of restricted share-based and Operating Partnership unit compensation is based on the fair value of our common stock on the date of the grant. The fair value of performance share awards, which have a market condition, is based on a Monte Carlo simulation. The fair value for all share-based compensation is amortized on a straight-line basis over the vesting period. We have elected to account for forfeitures as they occur.</font> </p><div /></div> </div> 113.90 21757366 30650703 33896771 34240815 435726000 281020000 658341000 -67538000 -125000 275038000 212000 335754000 322587000 115000000 626305000 -88891000 -493000 390200000 301000 210188000 416117000 115000000 597086000 -118038000 -101000 438531000 334000 161360000 435726000 115000000 418644000 -177566000 753000 457495000 338000 137624000 281020000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">10. Stockholders&#x2019; Equity</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">At December 31, 2017, &nbsp;120&nbsp;million shares were authorized to be issued by the Company, of which 100&nbsp;million shares represent common stock and 20&nbsp;million represent preferred stock. The Board may, without stockholder approval, classify or reclassify any unissued shares of stock to increase or decrease the authorized number of shares of common stock and preferred stock and to establish the preferences and rights of any preferred stock or other class of series of shares to be issued.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Common Stock</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">At December 31, 2017, we had 34.2 million shares of common stock issued and outstanding. Since our IPO, we have issued common stock under our 2010 Equity Incentive Award Plan, in which certain of our employees and outside directors participate in stock&#8209;based compensation plans that provide compensation in the form of common stock. Under the Equity Incentive Award Plan, we received proceeds (made payments) from the exercise of stock options, net of settlements, of $4.8 million, $1.3&nbsp;million, and ($2.9)&nbsp;million for the years ended December 31, 2017, &nbsp;2016, and 2015, respectively. Also, we issued shares of common stock as restricted stock award and performance stock award grants, net of forfeitures, and option exercises, net of settlements, in the amount of 329,033, &nbsp;239,068 and 393,337 during the years ended December 31, 2017, &nbsp;2016, and 2015, respectively. See Note&nbsp;12, Equity Incentive Award Plan, for additional information on our 2010 Equity Incentive Award Plan.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">During the year ended December 31, 2017, and 2016,&nbsp;15,011&nbsp;and 7,000&nbsp;common Operating Partnership units held by other third parties were redeemed for shares of our common stock, respectively. During the year ended December 31, 2016, and 2015,&nbsp;3,000,000 and 8,500,000 common Operating Partnership units held by the Carlyle Group and other third parties were redeemed for shares of our common stock in connection with the offer and sale of&nbsp;3,000,000 and 8,500,000 shares of our common stock, respectively. See Note 11, Noncontrolling Interests &#x2013; Operating Partnership, for additional information.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Preferred Stock</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On December&nbsp;12, 2012, the Company issued an aggregate of 4,600,000 shares of its 7.25% Series&nbsp;A Cumulative Redeemable Preferred Stock, or the Series&nbsp;A Preferred Stock, for net proceeds of $110.6&nbsp;million. Dividends were cumulative on the Series&nbsp;A Preferred Stock from the date of original issuance in the amount of $1.8125 per share each year, which was equivalent to 7.25% of the $25.00 liquidation preference per share. Dividends on the Series&nbsp;A Preferred Stock were payable quarterly in arrears.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">On December 12, 2017, the Company redeemed an aggregate of 4,600,000 shares of its Series A Preferred Stock for $25.00 per share, plus all accrued and unpaid dividends in an amount equal to $0.292014 per share, for a total payment of $25.292014 per share, or $116.3 million in aggregate. The excess of the redemption price over the carrying value of the Series A Preferred Stock of approximately $4.3 million relates to the original issuance costs and was recorded as a reduction to net income attributable to common shares.</font> </p> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Dividends</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In 2017, &nbsp;2016, and 2015, we paid all our dividends in cash. The following summarizes the taxability of our common and preferred stock dividends per share for the years then ended:</font> </p> <div style="width:100%;"><table cellpadding="0" cellspacing="0" align="center" style="border-collapse:collapse;width: 80.00%;margin-left:0pt;"> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> <font style="display:inline;font-size:1pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;height:1.00pt;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;overflow: hidden;font-size:0pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-size:8pt;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="8" valign="bottom" style="width:32.22%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Year&nbsp;Ended&nbsp;December&nbsp;31, </font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">Record</font><font style="display:inline;font-family:Calibri;font-weight:bold;font-size:8pt;">&nbsp;</font><font style="display:inline;font-weight:bold;font-size:8pt;">Date</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.40%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2017</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2016</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td colspan="2" valign="bottom" style="width:09.38%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;text-align:center;font-family:Times New Roman,Times,serif;font-size: 8pt;"> <font style="display:inline;font-weight:bold;font-size:8pt;">2015</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #auto;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Common Stock:</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Ordinary income</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 2.13</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 2.36</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.70</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Qualified dividend</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Capital gains</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Return of capital</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 0.91</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="middle" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total dividend </font><font style="display:inline;font-weight:bold;font-size:5pt;top:-4pt;position:relative;line-height:100%">(1)</font></p> </td> <td valign="middle" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 3.04</font></p> </td> <td valign="middle" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 2.36</font></p> </td> <td valign="middle" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.70</font></p> </td> <td valign="middle" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">&nbsp;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Preferred Stock:</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Ordinary income</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.36</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.81</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> 1.81</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Qualified dividend</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 0pt 0pt 6pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Capital gains</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt solid #000000 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;"> &nbsp;&#x2014;</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;background-color: #CCEEFF;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> <tr> <td valign="bottom" style="width:64.68%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">Total dividend </font><font style="display:inline;font-weight:bold;font-size:5pt;top:-4pt;position:relative;line-height:100%">(2)</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.32%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.36</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="middle" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.81</font></p> </td> <td valign="bottom" style="width:02.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> <td valign="bottom" style="width:01.30%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;">$</font></p> </td> <td valign="bottom" style="width:08.08%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:2pt double #000000 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt 3pt 0pt 0pt;text-align:right;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;"> 1.81</font></p> </td> <td valign="bottom" style="width:01.04%;border-top:1pt none #D9D9D9 ;border-left:1pt none #D9D9D9 ;border-bottom:1pt none #D9D9D9 ;border-right:1pt none #D9D9D9 ;padding:0pt;"> <p style="margin:0pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> &nbsp;</p> </td> </tr> </table></div> <div><hr style="border-width:0;width:25%;height:1pt;color:black;background-color:black;" align="left"></hr></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (1)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">A &nbsp;$0.98 per share or unit distribution was paid in January, all of which will apply to tax year 2018. Of the $2.36 taxable dividend in 2016, $0.80 was paid in January 2017, of which $0.44 will apply to tax year 2017. Of the $1.70 taxable dividend in 2015, $0.53 was paid in January 2016, of which $0.41 will apply to tax year 2016. </font></p></td></tr></table></div> <div style="width:100%"><table style="width:100%;" cellpadding="0" cellspacing="0"><tr><td style="width:0pt;"><p style="width:0pt;font-size:0pt;"></p></td><td valign="top" align="left" style="width: 18.00pt;"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size:10pt;;"> (2)</font> </p> </td><td style="width:0pt;"><p style="width:0pt;width:0pt;font-size:0pt;"></p></td><td align="left" valign="top"> <p style="font-family:Times New Roman,Times,serif;font-size: 10pt;margin:0pt 0pt 12pt;"> <font style="display:inline;color:#000000;">All outstanding shares and dividends of the 7.25% Series A Cumulative Redeemable Preferred Stock were redeemed at $25.292014 per share at December 12, 2017. Of the $1.81 taxable dividend in 2016, $0.45 was paid in January 2017. Of the $1.81 taxable dividend in 2015, $0.45 was paid in January 2016. </font></p></td></tr></table></div> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">In order to comply with the real estate investment trust requirements of the Code, we are generally required to make common stock distributions (other than capital gain distributions) to our stockholders at least equal to (i)&nbsp;the sum of (a)&nbsp;90% of our &#x201C;REIT taxable income&#x201D; computed without regard to the dividends paid deduction and net capital gains and (b)&nbsp;90% of the net taxable income (after tax), if any, from foreclosure property, minus (ii)&nbsp;certain excess non&#8209;cash income. Our common stock dividend policy is to distribute, at a minimum, a percentage of our cash flow to ensure we will meet the distribution requirements of the Code, while allowing us to retain cash to meet other needs, such as capital improvements and other investment activities. Any subsequent increases and/or anticipated increases are correlated to increases in our growth of cash flow.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Common stock dividends are characterized for federal income tax purposes as ordinary income, qualified dividend, capital gains, non&#8209;taxable return of capital or a combination of the four. Common stock dividends that exceed our current and accumulated earnings and profits (calculated for tax purposes) constitute a return of capital rather than a dividend and generally reduce the stockholder&#x2019;s basis in the common stock. To the extent that a dividend exceeds both current and accumulated earnings and profits and the stockholder&#x2019;s basis in the common stock, it will generally be treated as a gain from the sale or exchange of that stockholder&#x2019;s common stock. At the beginning of each year, we notify our stockholders of the taxability of the common stock dividends paid during the preceding year.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Pursuant to the terms of our preferred stock, we were restricted from declaring or paying any dividend with respect to our common stock unless and until all cumulative dividends with respect to the preferred stock had been paid and sufficient funds had been set aside for dividends that had been declared for the relevant dividend period with respect to the preferred stock. On December 12, 2017, we redeemed our preferred stock in its entirety.</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">Our federal tax return for the year ended December 31, 2017 has not been filed. The taxability information presented for our dividends paid in 2017 is based upon management&#x2019;s estimates.</font> </p><div /></div> </div> 207937 164408 131272 449696 185400 410322 74660 74660 197761 197761 393337 239068 329033 -2863000 -2866000 3000 -2863000 1290000 1289000 1000 1290000 4820000 4818000 2000 4820000 4600000 115000000 4326000 -4326000 115000000 115000000 116300000 7799000 7083000 3645000 3550000 4930000 100000000 150000000 150000000 100000000 200000000 <div> <div> <p style="margin:0pt 0pt 12pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;font-weight:bold;font-style:italic;">Use of Estimates</font> </p> <p style="margin:0pt 0pt 12pt;text-indent:36pt;font-family:Times New Roman,Times,serif;font-size: 10pt;"> <font style="display:inline;">The preparation of these consolidated financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. We evaluate our estimates, including those related to assessing the carrying values of our real estate properties, goodwill, accrued liabilities and performance-based equity compensation plans. We base our estimates on historical experience, current market conditions, and various other assumptions that we believe to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could vary under different assumptions or conditions.</font> </p><div /></div> </div> 25706568 32732059 34058949 25218500 32289414 33792759 EX-101.SCH 12 cor-20171231.xsd EX-101.SCH 00100 - Statement - CONSOLIDATED BALANCE SHEETS link:presentationLink link:calculationLink link:definitionLink 00200 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS link:presentationLink link:calculationLink link:definitionLink 00300 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME link:presentationLink link:calculationLink link:definitionLink 00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS link:presentationLink link:calculationLink link:definitionLink 40203 - Disclosure - Summary of Significant Accounting Policies - Deferred Costs & Impairment (Details) link:presentationLink link:calculationLink link:definitionLink 40401 - Disclosure - Acquired Intangible Assets and Liabilities (Details) link:presentationLink link:calculationLink link:definitionLink 40501 - Disclosure - Investment in Real Estate (Details) link:presentationLink link:calculationLink link:definitionLink 40601 - Disclosure - Other Assets (Details) link:presentationLink link:calculationLink link:definitionLink 40701 - Disclosure - Leases (Detail) link:presentationLink link:calculationLink link:definitionLink 40801 - Disclosure - Debt - Summary of Debt (Details) link:presentationLink link:calculationLink link:definitionLink 40804 - Disclosure - Debt - Maturities (Details) link:presentationLink link:calculationLink link:definitionLink 41002 - Disclosure - Stockholders' Equity - Dividends (Details) link:presentationLink link:calculationLink link:definitionLink 41101 - Disclosure - Noncontrolling Interests - Operating Partnership (Details) link:presentationLink link:calculationLink link:definitionLink 41301 - Disclosure - Earnings Per Share (Details) link:presentationLink link:calculationLink link:definitionLink 41801 - Disclosure - Schedule III Real Estate and Accumulated Depreciation - Assets (Details) link:presentationLink link:calculationLink link:definitionLink 00090 - Document - Document and Entity Information link:presentationLink link:calculationLink link:definitionLink 00105 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00400 - Statement - CONSOLIDATED STATEMENTS OF EQUITY link:presentationLink link:calculationLink link:definitionLink 10101 - Disclosure - Organization and Description of Business link:presentationLink link:calculationLink link:definitionLink 10201 - Disclosure - Summary of Significant Accounting Policies link:presentationLink link:calculationLink link:definitionLink 10301 - Disclosure - Acquisitions link:presentationLink link:calculationLink link:definitionLink 10401 - Disclosure - Acquired Intangible Assets and Liabilities link:presentationLink link:calculationLink link:definitionLink 10501 - Disclosure - Investment in Real Estate link:presentationLink link:calculationLink link:definitionLink 10601 - Disclosure - Other Assets link:presentationLink link:calculationLink link:definitionLink 10701 - Disclosure - Leases link:presentationLink link:calculationLink link:definitionLink 10801 - Disclosure - Debt link:presentationLink link:calculationLink link:definitionLink 10901 - Disclosure - Derivatives and Hedging Activities link:presentationLink link:calculationLink link:definitionLink 11001 - Disclosure - Stockholders' Equity link:presentationLink link:calculationLink link:definitionLink 11101 - Disclosure - Noncontrolling Interests - Operating Partnership link:presentationLink link:calculationLink link:definitionLink 11201 - Disclosure - Equity Incentive Award Plan link:presentationLink link:calculationLink link:definitionLink 11301 - Disclosure - Earnings Per Share link:presentationLink link:calculationLink link:definitionLink 11401 - Disclosure - Employee Benefit Plan link:presentationLink link:calculationLink link:definitionLink 11501 - Disclosure - Estimated Fair Value of Financial Instruments link:presentationLink link:calculationLink link:definitionLink 11601 - Disclosure - Commitments and Contingencies link:presentationLink link:calculationLink link:definitionLink 11701 - Disclosure - Quarterly Financial Information (unaudited) link:presentationLink link:calculationLink link:definitionLink 11801 - Disclosure - Schedule III Real Estate and Accumulated Depreciation link:presentationLink link:calculationLink link:definitionLink 20202 - Disclosure - Summary of Significant Accounting Policies (Policies) link:presentationLink link:calculationLink link:definitionLink 30203 - Disclosure - Summary of Significant Accounting Policies (Tables) link:presentationLink link:calculationLink link:definitionLink 30403 - Disclosure - Acquired Intangible Assets and Liabilities (Tables) link:presentationLink link:calculationLink link:definitionLink 30503 - Disclosure - Investment in Real Estate (Tables) link:presentationLink link:calculationLink link:definitionLink 30603 - Disclosure - Other Assets (Tables) link:presentationLink link:calculationLink link:definitionLink 30703 - Disclosure - Leases (Tables) link:presentationLink link:calculationLink link:definitionLink 30803 - Disclosure - Debt (Tables) link:presentationLink link:calculationLink link:definitionLink 31003 - Disclosure - Stockholders' Equity (Tables) link:presentationLink link:calculationLink link:definitionLink 31103 - Disclosure - Noncontrolling Interests - Operating Partnership (Tables) link:presentationLink link:calculationLink link:definitionLink 31203 - Disclosure - Equity Incentive Award Plan (Tables) link:presentationLink link:calculationLink link:definitionLink 31303 - Disclosure - Earnings Per Share (Tables) link:presentationLink link:calculationLink link:definitionLink 31703 - Disclosure - Quarterly Financial Information (unaudited) (Tables) link:presentationLink link:calculationLink link:definitionLink 40101 - Disclosure - Organization (Details) link:presentationLink link:calculationLink link:definitionLink 40201 - Disclosure - Summary of Significant Accounting Policies (Details) link:presentationLink link:calculationLink link:definitionLink 40202 - Disclosure - Summary of Significant Accounting Policies - Real Estate (Details) link:presentationLink link:calculationLink link:definitionLink 40204 - Disclosure - Summary of Significant Accounting Policies - Internal Use Software, RR & IT (Details) link:presentationLink link:calculationLink link:definitionLink 40205 - Disclosure - Summary of Significant Accounting Policies - Concentration of Credit Risks & Segment Information (Details) link:presentationLink link:calculationLink link:definitionLink 40301 - Disclosure - Acquisitions (Details) link:presentationLink link:calculationLink link:definitionLink 40802 - Disclosure - Debt - Revolving Credit Facility (Details) link:presentationLink link:calculationLink link:definitionLink 40803 - Disclosure - Debt - Unsecured Debt (Details) link:presentationLink link:calculationLink link:definitionLink 40901 - Disclosure - Derivatives and Hedging Activities (Details) link:presentationLink link:calculationLink link:definitionLink 41001 - Disclosure - Stockholders' Equity (Details) link:presentationLink link:calculationLink link:definitionLink 41201 - Disclosure - Equity Incentive Award Plan (Details) link:presentationLink link:calculationLink link:definitionLink 41401 - Disclosure - Employee Benefit Plans (Details) link:presentationLink link:calculationLink link:definitionLink 41501 - Disclosure - Estimated Fair Value of Financial Instruments (Details) link:presentationLink link:calculationLink link:definitionLink 41601 - Disclosure - Commitments and Contingencies (Details) link:presentationLink link:calculationLink link:definitionLink 41701 - Disclosure - Quarterly Financial Information (unaudited) (Details) link:presentationLink link:calculationLink link:definitionLink 41802 - Disclosure - Schedule III Real Estate and Accumulated Depreciation - Rollforwards (Details) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 13 cor-20171231_cal.xml EX-101.CAL EX-101.DEF 14 cor-20171231_def.xml EX-101.DEF EX-101.LAB 15 cor-20171231_lab.xml EX-101.LAB EX-101.PRE 16 cor-20171231_pre.xml EX-101.PRE XML 17 R1.htm IDEA: XBRL DOCUMENT v3.8.0.1
Document and Entity Information - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Feb. 07, 2018
Jun. 30, 2017
Document and Entity Information      
Entity Registrant Name CoreSite Realty Corp    
Entity Central Index Key 0001490892    
Document Type 10-K    
Document Period End Date Dec. 31, 2017    
Amendment Flag false    
Current Fiscal Year End Date --12-31    
Entity Well-known Seasoned Issuer Yes    
Entity Voluntary Filers No    
Entity Current Reporting Status Yes    
Entity Filer Category Large Accelerated Filer    
Entity Public Float     $ 2,571.3
Entity Common Stock, Shares Outstanding   34,243,139  
Document Fiscal Year Focus 2017    
Document Fiscal Period Focus FY    
XML 18 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Investments in real estate:    
Land $ 97,258 $ 100,258
Buildings and improvements 1,561,056 1,472,580
Total investments in real estate 1,658,314 1,572,838
Less: Accumulated depreciation and amortization (473,141) (369,303)
Net investment in operating properties 1,185,173 1,203,535
Construction in progress 162,903 70,738
Net investments in real estate 1,348,076 1,274,273
Cash and cash equivalents 5,247 4,429
Accounts and other receivables, net of allowance for doubtful accounts of $1,094 and $209 as of December 31, 2017, and December 31, 2016, respectively 28,875 25,125
Lease intangibles, net of accumulated amortization of $8,585 and $12,385 as of December 31, 2017, and December 31, 2016, respectively 6,314 9,913
Goodwill 40,646 41,191
Other assets, net 103,501 96,372
Total assets 1,532,659 1,451,303
Liabilities:    
Debt, net of unamortized deferred financing costs of $4,930 and $3,550 as of December 31, 2017, and December 31, 2016, respectively 939,570 690,450
Accounts payable and accrued expenses 77,170 72,519
Accrued dividends and distributions 48,976 41,849
Deferred rent payable 9,928 7,694
Acquired below-market lease contracts, net of accumulated amortization of $5,608 and $5,439 as of December 31, 2017, and December 31, 2016, respectively 3,504 4,292
Unearned revenue, prepaid rent and other liabilities 34,867 37,413
Total liabilities 1,114,015 854,217
Stockholders' equity:    
Series A Cumulative Preferred Stock 7.25%, $115,000 liquidation preference ($25.00 per share, $0.01 par value), 20,000,000 shares authorized and zero and 4,600,000 shares issued and outstanding as of December 31, 2017, and December 31, 2016, respectively   115,000
Common Stock, par value $0.01, 100,000,000 shares authorized and 34,240,815 and 33,896,771 shares issued and outstanding at December 31, 2017, and December 31, 2016, respectively 338 334
Additional paid-in capital 457,495 438,531
Accumulated other comprehensive income (loss) 753 (101)
Distributions in excess of net income (177,566) (118,038)
Total stockholders' equity 281,020 435,726
Noncontrolling interests 137,624 161,360
Total equity 418,644 597,086
Total liabilities and equity $ 1,532,659 $ 1,451,303
XML 19 R3.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
CONDENSED CONSOLIDATED BALANCE SHEETS    
Allowance for doubtful accounts (in dollars) $ 1,094,000 $ 209,000
Accumulated amortization, lease intangibles (in dollars) 8,585,000 12,385,000
Unamortized Debt Issuance Expense 4,930,000 3,550,000
Accumulated amortization, acquired below-market lease contracts (in dollars) 5,608,000 5,439,000
Accumulated amortization of below-market lease $ 5,608,000 $ 5,439,000
Series A Cumulative Preferred Stock, dividend rate (as a percent) 7.25% 7.25%
Series A Cumulative Preferred Stock, liquidation preference $ 115,000 $ 115,000
Series A Cumulative Preferred Stock, liquidation preference (in dollars per share) $ 25.00 $ 25.00
Series A Cumulative Preferred Stock, par value (in dollars per share) $ 0.01 $ 0.01
Series A Cumulative Preferred Stock, shares authorized 20,000,000 20,000,000
Series A Cumulative Preferred Stock, shares issued 0 4,600,000
Series A Cumulative Preferred Stock, shares outstanding 0 4,600,000
Common Stock, par value (in dollars per share) $ 0.01 $ 0.01
Common stock, shares authorized 100,000,000 100,000,000
Common Stock, shares issued 34,240,815 33,896,771
Common Stock, shares outstanding 34,240,815 33,896,771
XML 20 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Data center revenue:      
Rental revenue $ 264,134 $ 218,060 $ 183,300
Power revenue 134,909 111,541 89,495
Interconnection revenue 62,293 53,077 44,234
Tenant reimbursement and other 8,637 9,086 8,295
Office, light-industrial and other revenue 11,848 8,588 7,968
Total operating revenues 481,821 400,352 333,292
Operating expenses:      
Property operating and maintenance 132,820 107,212 89,805
Real estate taxes and insurance 14,913 14,250 12,144
Depreciation and amortization 129,251 108,652 95,702
Sales and marketing 18,176 17,495 15,930
General and administrative 37,548 35,369 34,179
Rent 24,125 22,631 21,075
Impairment of internal-use software     322
Transaction Costs 176 126 51
Total operating expenses 357,009 305,735 269,208
Operating income 124,812 94,617 64,084
Gain (loss) on real estate disposal     36
Interest expense (24,147) (12,577) (7,098)
Income before income taxes 100,665 82,040 57,022
Income tax expense (174) (119) (163)
Net income 100,491 81,921 56,859
Net income attributable to noncontrolling interests 25,636 23,212 22,153
Net income attributable to CoreSite Realty Corporation 74,855 58,709 34,706
Preferred stock dividends (7,924) (8,338) (8,338)
Original issuance costs associated with redeemed preferred stock (4,326)    
Net income attributable to common shares $ 62,605 $ 50,371 $ 26,368
Net income per share attributable to common shares:      
Basic (in dollars per share) $ 1.85 $ 1.56 $ 1.05
Diluted (in dollars per share) $ 1.84 $ 1.54 $ 1.03
Weighted average common shares outstanding      
Basic (in shares) 33,792,759 32,289,414 25,218,500
Diluted (in shares) 34,058,949 32,732,059 25,706,568
XML 21 R5.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME      
Net income $ 100,491 $ 81,921 $ 56,859
Other comprehensive income (loss):      
Unrealized gain (loss) on derivative contracts 580 (1,112) (2,426)
Reclassification of other comprehensive income to interest expense 623 1,740 1,930
Comprehensive income 101,694 82,549 56,363
Comprehensive income attributable to noncontrolling interests 25,985 23,242 21,724
Comprehensive income attributable to CoreSite Realty Corporation $ 75,709 $ 59,307 $ 34,639
XML 22 R6.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Thousands
Preferred Stock
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Distributions in Excess of Net Income
Total Stockholders' Equity
Noncontrolling Interests
Total
Balance at Dec. 31, 2014 $ 115,000 $ 212 $ 275,038 $ (125) $ (67,538) $ 322,587 $ 335,754 $ 658,341
Balance (in shares) at Dec. 31, 2014   21,757,366            
Increase (Decrease) in Stockholders' Equity                
Redemption of noncontrolling interests   $ 85 110,396 (301)   110,180 (110,180)  
Redemption of noncontrolling interests (in shares)   8,500,000            
Issuance of stock awards, net of forfeitures (in shares)   207,937            
Exercise of stock options, net of settlements   $ 3 (2,866)     (2,863)   (2,863)
Exercise of stock options, net of settlements (in shares)   185,400            
Share-based compensation   $ 1 7,632     7,633   7,633
Dividends declared on preferred stock         (8,338) (8,338)   (8,338)
Dividends and distributions         (47,721) (47,721) (37,110) (84,831)
Net income         34,706 34,706 22,153 56,859
Other comprehensive income (loss)       (67)   (67) (429) (496)
Balance at Dec. 31, 2015 115,000 $ 301 390,200 (493) (88,891) 416,117 210,188 626,305
Balance (in shares) at Dec. 31, 2015   30,650,703            
Increase (Decrease) in Stockholders' Equity                
Redemption of noncontrolling interests   $ 30 37,550 (206)   37,374 (37,374)  
Redemption of noncontrolling interests (in shares)   3,007,000            
Issuance of stock awards, net of forfeitures (in shares)   164,408            
Exercise of stock options, net of settlements   $ 1 1,289     1,290   1,290
Exercise of stock options, net of settlements (in shares)   74,660            
Share-based compensation   $ 2 9,492     9,494   9,494
Dividends declared on preferred stock         (8,338) (8,338)   (8,338)
Dividends and distributions         (79,518) (79,518) (34,696) (114,214)
Net income         58,709 58,709 23,212 81,921
Other comprehensive income (loss)       598   598 30 628
Balance at Dec. 31, 2016 115,000 $ 334 438,531 (101) (118,038) 435,726 161,360 597,086
Balance (in shares) at Dec. 31, 2016   33,896,771            
Increase (Decrease) in Stockholders' Equity                
Redemption of noncontrolling interests     167     167 (167)  
Redemption of noncontrolling interests (in shares)   15,011            
Redemption of preferred stock $ (115,000)   4,326   (4,326) (115,000)   (115,000)
Issuance of stock awards, net of forfeitures (in shares)   131,272            
Exercise of stock options, net of settlements   $ 2 4,818     4,820   4,820
Exercise of stock options, net of settlements (in shares)   197,761            
Share-based compensation   $ 2 9,653     9,655   9,655
Dividends declared on preferred stock         (7,924) (7,924)   (7,924)
Dividends and distributions         (122,133) (122,133) (49,554) (171,687)
Net income         74,855 74,855 25,636 100,491
Other comprehensive income (loss)       854   854 349 1,203
Balance at Dec. 31, 2017   $ 338 $ 457,495 $ 753 $ (177,566) $ 281,020 $ 137,624 $ 418,644
Balance (in shares) at Dec. 31, 2017   34,240,815            
XML 23 R7.htm IDEA: XBRL DOCUMENT v3.8.0.1
CONSOLIDATED STATEMENTS OF CASH FLOWS
$ in Thousands
12 Months Ended
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
CASH FLOWS FROM OPERATING ACTIVITIES      
Net income $ 100,491 $ 81,921 $ 56,859
Adjustments to reconcile net income to net cash provided by operating activities:      
Depreciation and amortization 129,251 108,652 95,702
Amortization of above/below market leases (598) (541) (520)
Amortization of deferred financing costs 1,676 1,333 1,246
Gain on real estate disposal     (36)
Share-based compensation 8,946 8,892 7,114
Bad debt expense 1,338 398 201
Changes in operating assets and liabilities:      
Accounts receivable (5,087) (13,199) (2,146)
Deferred rent receivable (3,645) (7,083) (7,799)
Deferred leasing costs (13,315) (14,395) (17,555)
Other assets (10,924) (8,819) (5,535)
Accounts payable and accrued expenses 1,224 4,910 6,532
Unearned revenue, prepaid rent and other liabilities (2,235) 8,696 9,561
Deferred rent payable 2,234 (240) (1,051)
Net cash provided by operating activities 209,356 170,525 142,573
CASH FLOWS FROM INVESTING ACTIVITIES      
Tenant improvements (7,850) (5,878) (7,736)
Real estate improvements (153,956) (293,359) (122,196)
Acquisition of SV8 (12,158)    
Acquisition of Reston Campus Expansion   (64,965)  
Proceeds from real estate disposal     2,399
Net cash used in investing activities (173,964) (364,202) (127,533)
CASH FLOWS FROM FINANCING ACTIVITIES      
Proceeds from exercise of stock options 4,820 1,290 1,393
Proceeds from revolving credit facility 274,000 299,500 87,000
Payments on revolving credit facility (298,500) (247,750) (163,250)
Proceeds from unsecured term loan 275,000 250,000 150,000
Payments of loan fees and costs (2,410) (2,981) (2,315)
Payments to net settle equity awards     (4,256)
Redemption of preferred stock (115,000)    
Dividends and distributions (172,484) (108,807) (87,420)
Net cash provided by financing activities (34,574) 191,252 (18,848)
Net change in cash and cash equivalents 818 (2,425) (3,808)
Cash and cash equivalents, beginning of period 4,429 6,854 10,662
Cash and cash equivalents, end of period 5,247 4,429 6,854
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION      
Cash paid for interest, net of capitalized amounts 22,252 11,528 6,219
NON-CASH INVESTING AND FINANCING ACTIVITY      
Construction costs payable capitalized to real estate 32,228 28,805 37,033
Accrual of dividends and distributions $ 48,976 $ 41,849 $ 28,104
XML 24 R8.htm IDEA: XBRL DOCUMENT v3.8.0.1
Organization and Description of Business
12 Months Ended
Dec. 31, 2017
Organization and Description of Business  
Organization and Description of Business

1. Organization and Description of Business

CoreSite Realty Corporation (the “Company,” “we,” “us,” or “our”) was organized in the state of Maryland on February 17, 2010 and is a fully integrated, self-administered, and self-managed real estate investment trust (“REIT”). Through our controlling interest in CoreSite, L.P. (our “Operating Partnership”), we are engaged in the business of owning, acquiring, constructing and operating data centers. As of December 31, 2017, the Company owns a 71.0% common interest in our Operating Partnership, and affiliates of The Carlyle Group and others own a 29.0% interest in our Operating Partnership. See additional discussion in Note 11, Noncontrolling Interests – Operating Partnership.

Information with respect to square footage and acres of land is unaudited.

XML 25 R9.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies
12 Months Ended
Dec. 31, 2017
Summary of Significant Accounting Policies  
Summary of Significant Accounting Policies

2. Summary of Significant Accounting Policies

Principles of Consolidation and Basis of Presentation

The accompanying consolidated financial statements have been prepared by our management in accordance with U.S. generally accepted accounting principles (“GAAP”) and in compliance with the rules and regulations of the U.S. Securities and Exchange Commission. In the opinion of our management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included.

Our Operating Partnership meets the definition and criteria of a variable interest entity (“VIE”) and we are the primary beneficiary of the VIE. Our sole significant asset is the investment in our Operating Partnership, and consequently, substantially all of our assets and liabilities represent those assets and liabilities of our Operating Partnership. Our debt is an obligation of our Operating Partnership where the creditors also have recourse against the credit of the Company. Intercompany balances and transactions have been eliminated upon consolidation.

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance codified in Accounting Standards Codification (“ASC”) Topic 606, Revenue Recognition — Revenue from Contracts with Customers, which amends the guidance in former ASC Topic 605, Revenue Recognition. The standard establishes a five-step model framework which recognizes revenue as an entity transfers control of goods or services to the customer and requires enhanced disclosures. This standard does not apply to leases, which will be accounted for under ASC Topic 842, Leases. The revenue standard is effective for interim and annual reporting periods beginning after December 15, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. As ASC Topic 606 does not impact lessor accounting, this standard will not significantly impact our accounting for rental revenue. In addition, there is not a significant impact to our accounting for nonlease components, including power, interconnection, and tenant reimbursement and other revenue. We adopted ASC Topic 606 on January 1, 2018, and will use the cumulative effect transition method.

 

In February 2016, the FASB issued guidance codified in ASC Topic 842, Leases, which amends the guidance in former ASC Topic 840, Leases. We are party to leases as both a lessor and lessee. The main principle of ASC 842 requires lessees to recognize the assets and liabilities that arise from nearly all leases on the consolidated balance sheet. Lessor accounting remains mainly consistent with current guidance, with the majority of changes allowing for better alignment with the new lessee model and ASC Topic 606. The standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The standard requires a modified retrospective transition approach. We adopted ASC Topic 842 effective January 1, 2018, which would result in a transition date of January 1, 2016. The FASB has issued a Proposed Accounting Standards Update, Leases – Targeted Improvements, which proposes updates to the lease standard and would allow us to apply the new lease standard as of our January 1, 2018, adoption date and remove the requirement for us to restate our prior period financial statements upon adoption. If the proposed accounting standards update is issued in final form, we will apply the transition relief under the new lease standard as of January 1, 2018.

 

We are currently evaluating other impacts of the FASB’s proposed updates to the lease standard, specifically the proposed practical expedient which allows lessors not to separate nonlease components from the related lease components if both the timing and pattern of revenue recognition are the same for the nonlease component(s) and related lease component and the combined single lease component would be classified as an operating lease.

As a lessee the classification of our leases will not change, but we will be required to recognize a lease liability and corresponding right-of-use asset on our consolidated balance sheets for all of our operating leases. We have elected the package of practical expedients which allows us to not reassess (1) whether existing contracts contain leases, (2) the lease classification for existing leases, and (3) whether existing initial direct costs meet the new definition. We did not elect the hindsight practical expedient which permits entities to use hindsight in determining the lease term. Using the fixed noncancellable term of all existing data center leases, excluding renewal options, our initial lease liability and right-of-use asset will each be approximately $100 million on our consolidated balance sheet as of January 1, 2018.

In accordance with ASC Topic 842, lessor accounting for our leases remains largely unchanged, apart from the narrower definition of initial direct costs that can be capitalized. The new standard defines initial direct costs as only the incremental costs of signing a lease. Internal sales employees’ compensation, payroll-related fringe benefits and certain external legal fees related to the execution of successful lease agreements will not meet the definition of initial direct costs under the new standard and will be accounted for as a sales and marketing expense or general and administrative expense in the consolidated statements of operations upon adoption of ASC Topic 842. For the year ended December 31, 2017, we had $1.2 million and $0.1 million of capitalized salaries and benefits and external legal fees, respectively, which would not have been capitalized if ASC Topic 842 had been in effect. On a prospective basis, we estimate that the sales and marketing expense in our consolidated statement of operations will increase by approximately $1.4 million and general and administrative expense will increase by approximately $0.1 million for the year ending December 31, 2018, as a result of the narrower definition of initial direct costs.

In August 2016, the FASB issued guidance codified in ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The standard provides guidance on eight specific cash flow classification issues including debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, and separately identifiable cash flows and application of the predominance principle. The standard will be effective for the fiscal year beginning January 1, 2018, and subsequent interim periods. We do not expect the provisions of ASU 2016-15 to have a material impact on our consolidated financial statements.

In January 2017, the FASB issued guidance codified in ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 simplifies the accounting for goodwill impairment by eliminating the process of measuring the implied value of goodwill, known as step two, from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. The standard will be effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. We do not expect the provisions of ASU 2017-04 to have a material impact on our consolidated financial statements.

In August 2017, the FASB issued guidance codified in ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 simplifies hedge accounting by eliminating the requirement to separately measure and report hedge ineffectiveness and presenting all items that affect earnings in the same income statement line item as the hedged item. The standard will be effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. We do not expect the provisions of ASU 2017-12 to have a material impact on our consolidated financial statements.

Use of Estimates

The preparation of these consolidated financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. We evaluate our estimates, including those related to assessing the carrying values of our real estate properties, goodwill, accrued liabilities and performance-based equity compensation plans. We base our estimates on historical experience, current market conditions, and various other assumptions that we believe to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could vary under different assumptions or conditions.

Reclassifications

Certain immaterial amounts included in the consolidated financial statements for 2016 and 2015 have been reclassified to conform to the 2017 financial statement presentation.

 

Investments in Real Estate

Real estate investments are carried at cost less accumulated depreciation and amortization. The cost of real estate includes the purchase price of property and leasehold improvements. Expenditures for maintenance and repairs are expensed as incurred. Significant renovations and betterments that extend the economic useful lives of assets are capitalized. During land development and construction periods, we capitalize construction costs, legal fees, financing costs, real estate taxes and insurance, rent expense and internal costs of personnel performing development, if such costs are incremental and identifiable to a specific development project. Capitalization of costs begins upon commencement of development efforts and ceases when the project is ready for its intended use and held available for occupancy. Interest is capitalized during the period of development based upon applying the weighted-average borrowing rate to the actual development costs expended. Capitalized interest costs were $3.3 million, $4.1 million and $3.7 million for the years ended December 31, 2017,  2016, and 2015, respectively.

Depreciation and amortization are calculated using the straight‑line method over the following useful lives of the assets:

 

 

 

Buildings

   

27 to 40 years

Building improvements

 

1 to 10 years

Leasehold improvements

 

The shorter of the lease term or useful life of the asset

 

Depreciation expense was $108.1 million, $89.2 million and $76.1 million for the years ended December 31, 2017,  2016 and 2015, respectively.

Acquisition of Investment in Real Estate

When accounting for business combinations and asset acquisitions, the fair value of the real estate acquired is allocated to the acquired tangible assets, consisting primarily of land, building and building improvements, and identified intangible assets and liabilities, consisting of the value of above-market and below-market leases, value of in-place leases and the value of customer relationships.

The fair value of the land and building of an acquired property is determined by valuing the property as if it were vacant, and the “as-if-vacant” fair value is then allocated to land and building based on management’s determination of the fair values of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases.

The fair value of intangibles related to in-place leases includes the value of lease intangibles for above-market and below-market leases, lease origination costs, and customer relationships, determined on a lease-by-lease basis. Above-market and below-market leases are valued based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management's estimate of market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of the lease and, for below-market leases, over a time period equal to the initial term plus any below-market fixed rate renewal periods. Lease origination costs include estimates of costs avoided associated with leasing the property, including tenant allowances and improvements and leasing commissions. Customer relationship intangibles relate to the additional revenue opportunities expected to be generated through interconnection services and utility services to be provided to the in-place lease tenants.

The capitalized values for above and below-market lease intangibles, lease origination costs, and customer relationships are amortized over the term of the underlying leases or the expected customer relationship. Amortization related to above-market and below-market leases where the Company is the lessor is recorded as either a reduction of or an increase to rental revenue, amortization related to above-market and below-market leases where the Company is the lessee is recorded as either a reduction of or an increase to rent expense. If a lease is terminated prior to its stated expiration, all unamortized amounts relating to that lease are written off.

The carrying value of intangible assets is reviewed for impairment in connection with its respective asset group whenever events or changes in circumstances indicate that the asset group may not be recoverable. An impairment loss is recognized if the carrying amount of the asset group is not recoverable and its carrying amount exceeds its estimated fair value. No impairment loss related to these intangible assets was recognized for the years ended December 31, 2017,  2016, or 2015.

The excess of the cost of an acquired business over the net of the amounts assigned to assets acquired (including identified intangible assets) and liabilities assumed is recorded as goodwill. As of December 31, 2017, and 2016, we had approximately $40.6 million and $41.2 million of goodwill, respectively. The Company’s goodwill has an indeterminate life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. No impairment loss was recognized for the years ended  December 31, 2017,  2016, or 2015. During the year ended December 31, 2017, goodwill was reduced by $0.5 million due to the receipt of cash from an escrow account associated with an entity acquired at the time of the Company’s initial public offering (“IPO”).

Cash and Cash Equivalents

Cash and cash equivalents include all non‑restricted cash held in financial institutions and other non‑restricted highly liquid short‑term investments with original maturities at acquisition of three months or less.

Deferred Costs

Deferred leasing costs include commissions paid to third parties, including brokers, leasing and referral agents, and internal sales commissions paid to employees for successful execution of lease agreements. These commissions and other direct and incremental costs incurred to obtain new customer leases are capitalized and amortized over the term of the related leases using the straight-line method. If a customer lease terminates prior to the expiration of its initial term, any unamortized deferred costs related to the lease are written off to amortization expense. Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Internal sales commissions

 

$

17,402

 

$

18,748

 

Third party commissions

 

 

11,802

 

 

13,643

 

External legal counsel

 

 

775

 

 

730

 

Total

 

$

29,979

 

$

33,121

 

 

Deferred financing costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are capitalized and amortized on a straight-line basis, which approximates the effective-interest method, over the term of the loan and the amortization is included as a component of interest expense. Depending on the type of debt instrument, deferred financing costs are reported either in other assets or as a direct deduction from the carrying amount of the related debt liabilities in our consolidated balance sheets.

Recoverability of Long‑Lived Assets

We review our long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized when estimated expected future cash flows (undiscounted and without interest charges) are less than the carrying amount of the assets. The estimation of expected future net cash flows is inherently uncertain and relies, to a considerable extent, on assumptions regarding current and future economics and market conditions and the availability of capital. If, in future periods, there are changes in the estimates or assumptions incorporated into the impairment review analysis, the changes could result in an adjustment to the carrying amount of the long-lived assets. To the extent that impairment has occurred, the excess of the carrying amount of long-lived assets over its estimated fair value would be recognized as an impairment loss charged to net income. For the years ended December 31, 2017,  2016, and 2015,  no impairment of long-lived assets was recognized.

Derivative Instruments and Hedging Activities

We reflect all derivative instruments at fair value as either assets or liabilities on the consolidated balance sheets. For those derivative instruments that are designated and qualify as hedging instruments, we record the effective portion of the gain or loss on the hedging instruments as a component of accumulated other comprehensive income or loss. Any ineffective portion of a derivative’s change in fair value is immediately recognized within net income. For derivatives that do not meet the criteria for hedge accounting, changes in fair value are immediately recognized within net income. See additional discussion in Note 9 Derivatives and Hedging Activities.

Internal-Use Software

We recognize internal-use software development costs based on the development stage of the project and nature of the cost. Internal and external costs incurred during the preliminary project stage are expensed as they are incurred. Internal and external costs incurred to develop internal-use software during the application development stage are capitalized. Internal and external training costs and maintenance costs during the post-implementation-operation stage are expensed as incurred. Completed projects are placed into service and amortized over the estimated useful life of the software. For the years ended December 31, 2017, and 2016,  no impairment was recognized related to impairment of internal use software. For the year ended December 31, 2015, we recorded $0.3 million related to impairment of internal use software.

Our SaaS arrangements are capitalized when we have a contractual right to take possession of the software at any point during the period without significant penalty and it is feasible to run the software on our own hardware or we are able to contract with an unrelated third party to run the software. Any arrangements that do not meet these criterion are accounted for as a service contract and the costs are expensed as the services are performed. 

Revenue Recognition

Our customer arrangements contain lease and nonlease elements. Consideration called for by the arrangement is separated at the inception of the arrangement into the lease and nonlease elements based on the relative fair value of each element. For the lease elements, rental revenue is recognized on a straight‑line basis over the customer’s lease term.  The excess of rents recognized over amounts contractually due pursuant to the underlying leases is recorded as deferred rent receivable within our consolidated balance sheets.

 

Nonlease elements include power and interconnection services. Power revenue is recognized each month as the power services are delivered to and utilized by our customers. Power services may include non‑recurring customer set‑up charges and installation fees that are initially deferred and recognized over the expected performance period. Interconnection services are contracted on a month-to-month basis and revenue is recognized each month as these services are delivered to and utilized by our customers.

 

Some of our data center leases contain provisions under which our customers reimburse us for a portion of real estate taxes, insurance, common area maintenance, and other recoverable costs.  Such customer reimbursements are recognized in the period that the expenses are recognized.

 

A provision for uncollectible accounts is recorded if a receivable balance relating to contractual rent, rent recorded on a straight-line basis, tenant reimbursements or other billed amounts is considered by management to be uncollectible. At December 31, 2017, and 2016, the allowance for doubtful accounts totaled $1.1 million and $0.2 million, respectively.

Share‑Based Compensation

We account for share-based compensation using the fair value method of accounting. The estimated fair value of the stock options granted by us is calculated based on the Black-Scholes option-pricing model. The fair value of restricted share-based and Operating Partnership unit compensation is based on the fair value of our common stock on the date of the grant. The fair value of performance share awards, which have a market condition, is based on a Monte Carlo simulation. The fair value for all share-based compensation is amortized on a straight-line basis over the vesting period. We have elected to account for forfeitures as they occur.

Asset Retirement and Environmental Remediation Obligations

We record accruals for estimated asset retirement and environmental remediation obligations. The obligations relate primarily to the removal of asbestos during development of properties as well as the estimated equipment removal costs upon termination of a certain lease where we are the lessee. At December 31, 2017, and 2016, the amount included in unearned revenue, prepaid rent and other liabilities on the consolidated balance sheets was approximately $1.5 million and $1.4 million, respectively.

Income Taxes

We elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), commencing with our taxable year ended December 31, 2010. To qualify as a REIT, we are required to distribute at least 90% of our taxable income to our stockholders and meet various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership. Provided we qualify for taxation as a REIT, we generally are not subject to corporate level federal income tax on the earnings distributed currently to our stockholders. If we fail to qualify as a REIT in any taxable year, and are unable to avail ourselves of certain savings provisions set forth in the Code, all of our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax.

To maintain REIT status, we must distribute a minimum of 90% of our taxable income. However, it is our policy and intent, subject to change, to distribute 100% of our taxable income and therefore, no provision is required in the accompanying consolidated financial statements for federal income taxes with regards to activities of the REIT and its subsidiary pass‑through entities. The allocable share of taxable income is included in the income tax returns of its stockholders. The Company is subject to the statutory requirements of the locations in which it conducts business. State and local income taxes are accrued as deemed required in the best judgment of management based on analysis and interpretation of respective tax laws.

We have elected to treat certain subsidiaries as taxable REIT subsidiaries (“TRS”). Certain activities that we undertake must be conducted by a TRS, such as services for our tenants that could be considered otherwise impermissible for us to perform and holding assets that we cannot hold directly. A TRS is subject to corporate level federal and state income taxes.

Deferred income taxes are recognized in certain taxable entities. Deferred income tax generally is a function of the period’s temporary differences (items that are treated differently for tax purposes than for financial reporting purposes), the utilization of tax net operating losses generated in prior years that previously had been recognized as deferred income tax assets and the reversal of any previously recorded deferred income tax liabilities. A valuation allowance for deferred income tax assets is provided if we believe all or some portion of the deferred income tax asset may more likely than not be realized. Any increase or decrease in the valuation allowance resulting from a change in circumstances that causes a change in the estimated realizability of the related deferred income tax asset is included in deferred tax expense. As of December 31, 2017, and 2016, the gross deferred income taxes were not material.

We currently have no liabilities for uncertain income tax positions. The earliest tax year for which we are subject to examination is 2014.  

Concentration of Credit Risks

Our cash and cash equivalents are maintained in various financial institutions, which, at times, may exceed federally insured limits. We have not experienced any losses in such accounts, and management believes that the Company is not exposed to any significant credit risk in this area. We have no off‑balance sheet concentrations of credit risk, such as foreign exchange contracts, option contracts, or foreign currency hedging arrangements.

Segment Information

We manage our business as one reportable segment consisting of investments in data centers located in the United States. Although we provide services in several markets, these operations have been aggregated into one reportable segment based on the similar economic characteristics amongst all markets, including the nature of the services provided and the type of customers purchasing these services.

XML 26 R10.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions
12 Months Ended
Dec. 31, 2017
Acquisitions  
Acquisitions

3. Acquisitions

On November 10, 2016, we paid cash consideration of $65.0 million to acquire a 21.75-acre operating light-industrial / flex office park located in Reston, Virginia, referred to as the Reston Campus Expansion. The transaction was accounted for as an asset acquisition. We plan to redevelop the existing buildings into over 611,000 of incremental data center NRSF across multiple phases as existing customers vacate their existing space upon expiration of their leases. The acquisition and redevelopment of the Reston Campus Expansion will extend our position as a multi-tenant data center provider in the Northern Virginia market.

On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We have accounted for the $0.3 million of cash receipts as ancillary operations which reduces the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.

On January 29, 2018, we acquired a two-acre land parcel located in downtown Chicago, Illinois, for a purchase price of $4.5 million. We expect to build a 175,000 square foot turn-key data center building on the acquired land parcel, which we refer to as CH2, upon the receipt of necessary entitlements.

XML 27 R11.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquired Intangible Assets and Liabilities
12 Months Ended
Dec. 31, 2017
Acquired Intangible Assets and Liabilities  
Acquired Intangible Assets and Liabilities

4. Acquired Intangible Assets and Liabilities

We did not add new intangible assets or liabilities during the year ended December 31, 2017. During the year ended December 31, 2016, through the acquisition of the Reston Campus Expansion, we added $7.5 million of new intangible assets and $0.4 million of new intangible liabilities with a weighted average life of  4.3 years and 5.7 years, respectively.

Above-market and below-market lease intangibles and other intangibles balances at December 31, 2017, and 2016, are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

    

Lease contracts above-market value

  

$

714

  

$

2,080

  

Accumulated amortization

 

 

(532)

 

 

(1,698)

 

Lease contracts above-market value, net

 

$

182

 

$

382

 

 

 

 

 

 

 

 

 

Lease contracts below-market value

 

$

9,102

 

$

9,731

 

Accumulated amortization

 

 

(5,608)

 

 

(5,439)

 

Lease contracts below-market value, net

 

$

3,494

 

$

4,292

 

 

 

 

 

 

 

 

 

Other identified intangible assets

 

$

14,174

 

$

20,218

 

Accumulated amortization

 

 

(8,053)

 

 

(10,687)

 

Other identified intangible assets, net

 

$

6,121

 

$

9,531

 

The net effect of amortization of acquired above‑market and below‑market leases resulted in an increase to rental revenue of  $0.6 million, $0.5 million, and $0.5 million, for the years ended December 31, 2017,  2016, and 2015, respectively. The estimated amortization of acquired below‑market leases, net of acquired above‑market leases for each of the five succeeding fiscal years, which will be a net increase to rental revenue, is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

456

 

2019

 

 

236

 

2020

 

 

241

 

2021

 

 

234

 

2022

 

 

208

 

Thereafter

 

 

1,937

 

Total

 

$

3,312

 

 

Amortization of all other identified intangible assets was $3.4 million, $2.0 million, and $2.0 million, for the years ended December 31, 2017,  2016, and 2015, respectively. The estimated amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

1,931

 

2019

 

 

1,481

 

2020

 

 

897

 

2021

 

 

856

 

2022

 

 

705

 

Thereafter

 

 

251

 

Total

 

$

6,121

 

 

XML 28 R12.htm IDEA: XBRL DOCUMENT v3.8.0.1
Investment in Real Estate
12 Months Ended
Dec. 31, 2017
Investment in Real Estate  
Investment in Real Estate

5. Investment in Real Estate

The following is a summary of the properties owned or leased by market at December 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Buildings and

 

Construction in

 

 

 

 

Market

    

Land

    

Improvements

    

Progress

    

Total Cost

 

Boston

 

$

5,154

 

$

106,317

 

$

28

 

$

111,499

 

Chicago

 

 

5,493

 

 

101,798

 

 

10,470

 

 

117,761

 

Denver

 

 

 —

 

 

19,193

 

 

187

 

 

19,380

 

Los Angeles

 

 

28,467

 

 

273,000

 

 

44,503

 

 

345,970

 

Miami

 

 

728

 

 

11,612

 

 

28

 

 

12,368

 

New York

 

 

2,388

 

 

132,413

 

 

41,195

 

 

175,996

 

Northern Virginia(1)

 

 

23,642

 

 

300,329

 

 

50,336

 

 

374,307

 

San Francisco Bay(2)

 

 

31,386

 

 

616,394

 

 

16,156

 

 

663,936

 

Total

 

$

97,258

 

$

1,561,056

 

$

162,903

 

$

1,821,217

 


(1)

On February 23, 2017, we executed a ten-year lease for 25,000 square feet at a new property, which we refer to as DC2, to further expand our data center presence in Washington D.C., within our Northern Virginia market. DC2 is under construction as of December 31, 2017.  

(2)

On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We will account for the $0.3 million of cash receipts as ancillary operations which will reduce the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.

XML 29 R13.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Assets
12 Months Ended
Dec. 31, 2017
Other Assets.  
Other Assets

6. Other Assets

Our other assets consisted of the following, net of amortization and depreciation, if applicable, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Deferred rent receivable

 

$

40,038

 

$

36,393

 

Deferred leasing costs

 

 

29,979

 

 

33,121

 

Internal-use software

 

 

17,477

 

 

14,440

 

Prepaid expenses

 

 

6,770

 

 

4,390

 

Corporate furniture, fixtures and equipment

 

 

6,408

 

 

5,356

 

Deferred financing costs - revolving credit facility

 

 

957

 

 

1,604

 

Other

 

 

1,872

 

 

1,068

 

Total

 

$

103,501

 

$

96,372

 

 

Deferred leasing costs are amortized as amortization expense on a straight‑line basis over the remaining lease terms of the underlying leases. The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

13,845

 

2019

 

 

8,194

 

2020

 

 

3,900

 

2021

 

 

1,560

 

2022

 

 

1,019

 

Thereafter

 

 

1,461

 

Total

 

$

29,979

 

 

XML 30 R14.htm IDEA: XBRL DOCUMENT v3.8.0.1
Leases
12 Months Ended
Dec. 31, 2017
Leases  
Leases

7. Leases

As a lessor, the Company leases data center space and office and light-industrial space under noncancelable operating lease agreements. The future minimum lease payments to be received under noncancelable operating leases in effect at December 31, 2017, are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

  

2018

 

$

237,706

 

2019

 

 

174,763

 

2020

 

 

120,834

 

2021

 

 

92,684

 

2022

 

 

68,259

 

Thereafter

 

 

161,525

 

Total

 

$

855,771

 

 

As the lessee, the Company currently leases data center space under noncancelable operating lease agreements at NY1, LA1, DC1, DC2, DE1, and DE2, and its headquarters located in Denver, CO. The future minimum lease payments to be paid under noncancelable real estate leases in effect at December 31, 2017, are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

  

2018

 

$

21,264

 

2019

 

 

22,491

 

2020

 

 

22,928

 

2021

 

 

22,676

 

2022

 

 

15,550

 

Thereafter

 

 

11,874

 

Total

 

$

116,783

 

 

XML 31 R15.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt
12 Months Ended
Dec. 31, 2017
Debt  
Debt

8. Debt

A summary of outstanding indebtedness as of December 31, 2017, and 2016, is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity

 

December 31,

 

December 31,

 

 

    

Interest Rate

    

Date

    

2017

    

2016

 

Revolving credit facility

 

3.11% and 2.32% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2019

 

$

169,500

 

$

194,000

 

2020 Senior unsecured term loan(1)

 

3.00% and 2.60% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2020

 

 

150,000

 

 

150,000

 

2021 Senior unsecured term loan

 

3.06% and 2.27% at December 31, 2017, and December 31, 2016, respectively

 

February 2, 2021

 

 

100,000

 

 

100,000

 

2022 Senior unsecured term loan(2)

 

3.04% and 3.23% at December 31, 2017, and December 31, 2016, respectively

 

April 19, 2022

 

 

200,000

 

 

100,000

 

2023 Senior unsecured notes

 

4.19% at December 31, 2017, and December 31, 2016, respectively

 

June 15, 2023

 

 

150,000

 

 

150,000

 

2024 Senior unsecured notes

 

3.91% at December 31, 2017

 

April 20, 2024

 

 

175,000

 

 

 —

 

Total principal outstanding

 

 

 

`

 

 

944,500

 

 

694,000

 

Unamortized deferred financing costs

 

 

 

 

 

 

(4,930)

 

 

(3,550)

 

Total debt

 

 

 

 

 

$

939,570

 

$

690,450

 


(1)

Our Operating Partnership has in place a swap agreement with respect to the 2020 Term Loan (as defined below) to swap the variable interest rate associated with $75 million, or 50% of the principal amount, of the 2020 Term Loan to a fixed rate of approximately 2.93% per annum at our current leverage ratio. The interest rate on the remaining $75 million of the 2020 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.00%. See “Derivatives and Hedging Activities” in Note 9 below.    

(2)

Our Operating Partnership has in place a swap agreement with respect to the 2022 Term Loan (as defined below) to swap the variable interest rate associated with $50 million, or 25% of the principal amount, of the 2022 Term Loan to a fixed rate of approximately 2.98% per annum at our current leverage ratio through January 31, 2019. The interest rate on the remaining $150 million of the 2022 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.04%. See “Derivatives and Hedging Activities” in Note 9 below.    

Revolving Credit Facility

On February 2, 2016, our Operating Partnership and certain subsidiary co-borrowers entered into the first amendment to the third amended and restated credit agreement (as amended, the “Credit Agreement”) with a group of lenders for which KeyBank National Association acts as the administrative agent. The Credit Agreement maturity date is June 24, 2019, with a one-time extension option, which, if exercised, would extend the maturity date to June 24, 2020. The exercise of the extension option is subject to the payment of an extension fee equal to 10 basis points of the total commitment under the Credit Agreement at initial maturity and certain other customary conditions. The Credit Agreement includes a total commitment of $600 million, providing for a $350 million revolving credit facility, a  $150 million unsecured term loan scheduled to mature on June 24, 2020, and a $100 million unsecured term loan scheduled to mature on February 2, 2021. See “2020 Senior Unsecured Term Loan” and “2021 Senior Unsecured Term Loan” below for a discussion of the $150 million and $100 million term loans. The Credit Agreement contains an accordion feature, which allows our Operating Partnership to increase the total commitment from $600 million to $800 million, under specified circumstances, including securing capital from new or existing lenders.

Borrowings under the revolving credit facility bear interest at a variable rate per annum equal to either (i) LIBOR plus 155 basis points to 225 basis points, or (ii) a base rate plus 55 basis points to 125 basis points, each depending on our Operating Partnership's leverage ratio. At December 31, 2017, our Operating Partnership’s leverage ratio was 26.7%  and the interest rate was LIBOR plus 155 basis points.

The total amount available for borrowing under the revolving credit facility, which is part of the Credit Agreement, is equal to the lesser of $350.0 million or the availability calculated based on our unencumbered asset pool. As of December 31, 2017, the borrowing capacity was $350.0 million. As of December 31, 2017,  $169.5 million was borrowed and outstanding, $4.9 million was outstanding under letters of credit and therefore $175.6  million remained available for us to borrow under the revolving credit facility.

Our ability to borrow under the Credit Agreement is subject to ongoing compliance with a number of financial covenants and other customary restrictive covenants, including, among others:

·

a maximum leverage ratio (defined as total consolidated indebtedness to total gross asset value) of 60%, which, as of December 31, 2017, was 26.7%.

·

a maximum secured debt ratio (defined as total consolidated secured debt to total gross asset value) of 40%, which, as of December 31, 2017, was 0.0%.

·

a minimum fixed charge coverage ratio (defined as adjusted consolidated earnings before interest, taxes, depreciation and amortization to consolidated fixed charges) of 1.7 to 1.0, which, as of December 31, 2017, was 6.5 to 1.0; and

·

a maximum unhedged variable rate debt ratio (defined as unhedged variable rate indebtedness to gross asset value) of 30%, which, as of December 31, 2017, our unhedged variable rate debt ratio was 13.9%.  

The Credit Agreement ranks pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes, and the 2024 Notes and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the Credit Agreement.    

2020 Senior Unsecured Term Loan

On June 24, 2015, in connection with, and pursuant to the terms of, the Credit Agreement, our Operating Partnership and certain subsidiaries entered into a $150 million senior unsecured term loan (the "2020 Term Loan"). The 2020 Term Loan has a five-year term maturing on June 24, 2020. The 2020 Term Loan ranks pari passu with the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2020 Term Loan.

The borrowings under the 2020 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 220 basis points, or (ii) a base rate plus 50 basis points to 120 basis points, each depending on our Operating Partnership' s leverage ratio. At December 31, 2017, the Operating Partnership's leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.

2021 Senior Unsecured Term Loan

 

On February 2, 2016, pursuant to the terms of the Credit Agreement, we partially exercised the accordion feature and entered into a $100 million senior unsecured term loan (the “2021 Term Loan”). The 2021 Term Loan has a five-year term maturing on February 2, 2021. The 2021 Term Loan ranks pari passu with the 2020 Term Loan, the 2022 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2021 Term Loan.

 

The borrowings under the 2021 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 220 basis points, or (ii) a base rate plus 50 basis points to 120 basis points, each depending on our Operating Partnership’s leverage ratio. At December 31, 2017, our Operating Partnership’s leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points.

 

2022 Senior Unsecured Term Loan

 

On January 31, 2014, our Operating Partnership and certain subsidiaries entered into a $100 million senior unsecured term loan (the “2019 Term Loan”). The 2019 Term Loan had a five-year term and contained an accordion feature, which allowed our Operating Partnership to increase the total commitments by $100 million, to $200 million under specified circumstances including securing capital from new or existing lenders.

On April 19, 2017, our Operating Partnership and certain subsidiaries amended and restated the 2019 Term Loan (as amended, the “2022 Term Loan”), to (i) exercise the accordion feature to increase the total commitments to $200 million, (ii) extend the maturity of the term loan from January 31, 2019, to April 19, 2022, (iii) amend the accordion feature to allow an increase in total commitments from $200 million to $300 million, under specified circumstances, including securing capital from new or existing lenders, and (iv) explicitly permit the issuance of the 2024 Notes defined below.

 

The 2022 Term Loan ranks pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2023 Notes, the 2024 Notes and the Credit Agreement and contains the same financial covenants and other customary restrictive covenants as those debt instruments. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2022 Term Loan.

 

The borrowings under the 2022 Term Loan bear interest at a variable rate per annum equal to either (i) LIBOR plus 150 basis points to 210 basis points, or (ii) a base rate plus 50 basis points to 110 basis points, each depending on our Operating Partnership's leverage ratio. At December 31, 2017, our Operating Partnership’s leverage ratio was 26.7% and the interest rate was LIBOR plus 150 basis points. 

 

2023 Senior Unsecured Notes

 

On June 15, 2016, our Operating Partnership issued an aggregate principal amount of $150 million, 4.19% senior unsecured notes due June 15, 2023 (the “2023 Notes”), in a private placement to certain accredited investors. The terms of the 2023 Notes are governed by a note purchase agreement, dated June 15, 2016 (the “2023 Note Purchase Agreement”), by and among our Operating Partnership, the Company and the purchasers of the 2023 Notes.

 

Interest is payable semiannually, on the 15th day of June and December of each year, commencing on December 15, 2016. The 2023 Notes are senior unsecured obligations of our Operating Partnership and are jointly and severally guaranteed by the Company and each of our Operating Partnership’s subsidiaries that guarantees indebtedness under our Operating Partnership’s Credit Agreement (the “Subsidiary Guarantors”).

 

Our Operating Partnership may prepay all or a portion of the 2023 Notes upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the 2023 Note Purchase Agreement. Upon the occurrence of certain change of control events, holders of the 2023 Notes have the right to require our Operating Partnership to purchase 100% of such holder’s 2023 Notes in cash at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase.

 

The 2023 Notes rank pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2024 Notes and the Credit Agreement. The 2023 Note Purchase Agreement contains the same financial covenants as the Credit Agreement, as described above. In addition, certain additional financial covenants in the Credit Agreement were automatically incorporated into the 2023 Note Purchase Agreement, and, subject to certain conditions, these additional financial covenants will be deleted, removed, amended or otherwise modified to be more or less restrictive if the analogous covenant in the Credit Agreement is so deleted, removed, amended or otherwise modified. These covenants are subject to a number of exceptions and qualifications set forth in the 2023 Note Purchase Agreement. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2023 Note Purchase Agreement.

2024 Senior Unsecured Notes

 

On April 20, 2017, our Operating Partnership issued an aggregate principal amount of $175 million, 3.91% senior unsecured notes due April 20, 2024 (the “2024 Notes”), in a private placement to certain accredited investors. The terms of the 2024 Notes are governed by a note purchase agreement, dated April 20, 2017 (the “2024 Note Purchase Agreement”), by and among our Operating Partnership, the Company and the purchasers of the 2024 Notes.

 

Interest is payable semiannually, on the 15th day of June and December of each year, commencing on December 15, 2017. The 2024 Notes are senior unsecured obligations of our Operating Partnership and are jointly and severally guaranteed by the Company and each of the Subsidiary Guarantors.

 

Our Operating Partnership may prepay all or a portion of the 2024 Notes upon notice to the holders for 100% of the principal amount so prepaid plus a make-whole premium as set forth in the 2024 Note Purchase Agreement. Upon the occurrence of certain change of control events, holders of the 2024 Notes will have the right to require our Operating Partnership to purchase 100% of such holders’ 2024 Notes in cash at a purchase price equal to 100% of the principal amount thereof plus accrued and unpaid interest, if any, to the date of repurchase.

 

The 2024 Notes rank pari passu with the 2020 Term Loan, the 2021 Term Loan, the 2022 Term Loan, the 2023 Notes and the Credit Agreement. The 2024 Note Purchase Agreement contains the same financial covenants as the Credit Agreement, as described above. In addition, certain additional financial covenants in the Credit Agreement were automatically incorporated into the 2024 Note Purchase Agreement, and, subject to certain conditions, these additional financial covenants will be deleted, removed, amended or otherwise modified to be more or less restrictive if the analogous covenant in the Credit Agreement is so deleted, removed, amended or otherwise modified. These covenants are subject to a number of exceptions and qualifications set forth in the 2024 Note Purchase Agreement. As of December 31, 2017, we were in compliance with all of the financial covenants under the 2024 Note Purchase Agreement.

 

Debt Maturities

The following table summarizes the amount of our outstanding debt as of December 31, 2017, based on when such debt currently becomes due (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

 —

 

2019

 

 

169,500

 

2020

 

 

150,000

 

2021

 

 

100,000

 

2022

 

 

200,000

 

Thereafter

 

 

325,000

 

Total principal outstanding

 

 

944,500

 

Unamortized deferred financing costs

 

 

(4,930)

 

Total debt, net

 

$

939,570

 

 

XML 32 R16.htm IDEA: XBRL DOCUMENT v3.8.0.1
Derivatives and Hedging Activities
12 Months Ended
Dec. 31, 2017
Derivatives and Hedging Activities  
Derivatives and Hedging Activities

9. Derivatives and Hedging Activities

On April 21, 2017, we terminated $50 million of our previously existing $100 million five-year interest rate swap agreement that reduces our exposure to variability in cash flows relating to interest payments based on one-month LIBOR variable rate debt, resulting in a remaining $50 million interest rate swap effective through January 31, 2019, at approximately 2.98% per annum and 3.23% per annum for the years ending December 31, 2017, and 2016, respectively.

On April 9, 2015, we entered into a $75 million forward starting five-year interest rate swap agreement, effective May 5, 2015, to protect against adverse fluctuation in interest rates. The swap reduces our exposure to variability in cash flows relating to interest payments on $75 million of one-month LIBOR variable rate debt and effectively fixes the interest rate at approximately 2.93% per annum. Both interest rate swap agreements were designated for hedge accounting.

Risk Management Objective of Using Derivatives

We are exposed to certain risks arising from both our business operations and economic conditions. We principally manage our exposures to a wide variety of business and operational risks through management of our core business activities. We manage economic risks, including interest rate, liquidity, and credit risk primarily by managing the amount, sources, and duration of our debt funding and the use of derivative financial instruments. Specifically, we enter into derivative financial instruments to manage exposures that arise from business activities that result in the receipt or payment of future known or uncertain cash amounts, the value of which are determined by interest rates. Our derivative financial instruments are used to manage differences in the amount, timing, and duration of our known or expected cash receipts and our known or expected cash payments principally related to our investments and borrowings.

Cash Flow Hedges of Interest Rate Risk

Our objectives in using interest rate derivatives are to reduce variability in interest expense and to manage our exposure to adverse interest rate movements. To accomplish this objective, we primarily use interest rate swaps as part of our interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount.

The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income or loss on the consolidated balance sheets and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The amounts recorded in other comprehensive income or loss related to the unrealized gain or loss on derivative contracts were a gain of $0.6 million and losses of $1.1 million, and $2.4 million for the years ended December 31, 2017,  2016, and 2015, respectively. The amounts reclassified from other comprehensive income or loss to interest expense on the consolidated statements of operations were $0.6 million, $1.7 million, and $1.9 million for the years ended December 31, 2017,  2016, and 2015, respectively. Any ineffective portion of the change in fair value of the derivatives is recognized directly in net income. During the years ended December 31, 2017,  2016, and 2015, we did not record any amount in net income related to derivatives as there was no hedge ineffectiveness.

Amounts reported in accumulated other comprehensive income or loss related to derivatives will be reclassified to interest expense as interest payments are made on our variable-rate debt. During the subsequent twelve months, beginning January 1, 2018, we estimate that $0.3 million will be reclassified as an increase to interest expense.

Derivatives are recorded at fair value in our consolidated balance sheets in other assets or unearned revenue, prepaid rent and other liabilities, as applicable. We do not net our derivative position by counterparty for purposes of balance sheet presentation and disclosure. We had zero and $0.4 million in derivative liabilities recognized in unearned revenue, prepaid rent and other liabilities in our consolidated balance sheets as of December 31, 2017 and 2016, respectively. We also had $1.1 million and $0.3 million in derivative assets recognized in other assets in our consolidated balance sheet as of December 31, 2017, and 2016, respectively.

XML 33 R17.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity
12 Months Ended
Dec. 31, 2017
Stockholders' Equity  
Stockholders' Equity

10. Stockholders’ Equity

At December 31, 2017,  120 million shares were authorized to be issued by the Company, of which 100 million shares represent common stock and 20 million represent preferred stock. The Board may, without stockholder approval, classify or reclassify any unissued shares of stock to increase or decrease the authorized number of shares of common stock and preferred stock and to establish the preferences and rights of any preferred stock or other class of series of shares to be issued.

Common Stock

At December 31, 2017, we had 34.2 million shares of common stock issued and outstanding. Since our IPO, we have issued common stock under our 2010 Equity Incentive Award Plan, in which certain of our employees and outside directors participate in stock‑based compensation plans that provide compensation in the form of common stock. Under the Equity Incentive Award Plan, we received proceeds (made payments) from the exercise of stock options, net of settlements, of $4.8 million, $1.3 million, and ($2.9) million for the years ended December 31, 2017,  2016, and 2015, respectively. Also, we issued shares of common stock as restricted stock award and performance stock award grants, net of forfeitures, and option exercises, net of settlements, in the amount of 329,033,  239,068 and 393,337 during the years ended December 31, 2017,  2016, and 2015, respectively. See Note 12, Equity Incentive Award Plan, for additional information on our 2010 Equity Incentive Award Plan.

During the year ended December 31, 2017, and 2016, 15,011 and 7,000 common Operating Partnership units held by other third parties were redeemed for shares of our common stock, respectively. During the year ended December 31, 2016, and 2015, 3,000,000 and 8,500,000 common Operating Partnership units held by the Carlyle Group and other third parties were redeemed for shares of our common stock in connection with the offer and sale of 3,000,000 and 8,500,000 shares of our common stock, respectively. See Note 11, Noncontrolling Interests – Operating Partnership, for additional information.

Preferred Stock

On December 12, 2012, the Company issued an aggregate of 4,600,000 shares of its 7.25% Series A Cumulative Redeemable Preferred Stock, or the Series A Preferred Stock, for net proceeds of $110.6 million. Dividends were cumulative on the Series A Preferred Stock from the date of original issuance in the amount of $1.8125 per share each year, which was equivalent to 7.25% of the $25.00 liquidation preference per share. Dividends on the Series A Preferred Stock were payable quarterly in arrears.

On December 12, 2017, the Company redeemed an aggregate of 4,600,000 shares of its Series A Preferred Stock for $25.00 per share, plus all accrued and unpaid dividends in an amount equal to $0.292014 per share, for a total payment of $25.292014 per share, or $116.3 million in aggregate. The excess of the redemption price over the carrying value of the Series A Preferred Stock of approximately $4.3 million relates to the original issuance costs and was recorded as a reduction to net income attributable to common shares.

Dividends

In 2017,  2016, and 2015, we paid all our dividends in cash. The following summarizes the taxability of our common and preferred stock dividends per share for the years then ended:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

Record Date

 

2017

 

2016

 

2015

 

Common Stock:

 

 

 

 

 

 

 

 

 

 

Ordinary income

 

$

2.13

 

$

2.36

 

$

1.70

 

Qualified dividend

 

 

 —

 

 

 —

 

 

 —

 

Capital gains

 

 

 —

 

 

 —

 

 

 —

 

Return of capital

 

 

0.91

 

 

 —

 

 

 —

 

Total dividend (1)

 

$

3.04

 

$

2.36

 

$

1.70

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock:

 

 

 

 

 

 

 

 

 

 

Ordinary income

 

$

1.36

 

$

1.81

 

$

1.81

 

Qualified dividend

 

 

 —

 

 

 —

 

 

 —

 

Capital gains

 

 

 —

 

 

 —

 

 

 —

 

Total dividend (2)

 

$

1.36

 

$

1.81

 

$

1.81

 


(1)

A  $0.98 per share or unit distribution was paid in January, all of which will apply to tax year 2018. Of the $2.36 taxable dividend in 2016, $0.80 was paid in January 2017, of which $0.44 will apply to tax year 2017. Of the $1.70 taxable dividend in 2015, $0.53 was paid in January 2016, of which $0.41 will apply to tax year 2016.

(2)

All outstanding shares and dividends of the 7.25% Series A Cumulative Redeemable Preferred Stock were redeemed at $25.292014 per share at December 12, 2017. Of the $1.81 taxable dividend in 2016, $0.45 was paid in January 2017. Of the $1.81 taxable dividend in 2015, $0.45 was paid in January 2016.

In order to comply with the real estate investment trust requirements of the Code, we are generally required to make common stock distributions (other than capital gain distributions) to our stockholders at least equal to (i) the sum of (a) 90% of our “REIT taxable income” computed without regard to the dividends paid deduction and net capital gains and (b) 90% of the net taxable income (after tax), if any, from foreclosure property, minus (ii) certain excess non‑cash income. Our common stock dividend policy is to distribute, at a minimum, a percentage of our cash flow to ensure we will meet the distribution requirements of the Code, while allowing us to retain cash to meet other needs, such as capital improvements and other investment activities. Any subsequent increases and/or anticipated increases are correlated to increases in our growth of cash flow.

Common stock dividends are characterized for federal income tax purposes as ordinary income, qualified dividend, capital gains, non‑taxable return of capital or a combination of the four. Common stock dividends that exceed our current and accumulated earnings and profits (calculated for tax purposes) constitute a return of capital rather than a dividend and generally reduce the stockholder’s basis in the common stock. To the extent that a dividend exceeds both current and accumulated earnings and profits and the stockholder’s basis in the common stock, it will generally be treated as a gain from the sale or exchange of that stockholder’s common stock. At the beginning of each year, we notify our stockholders of the taxability of the common stock dividends paid during the preceding year.

Pursuant to the terms of our preferred stock, we were restricted from declaring or paying any dividend with respect to our common stock unless and until all cumulative dividends with respect to the preferred stock had been paid and sufficient funds had been set aside for dividends that had been declared for the relevant dividend period with respect to the preferred stock. On December 12, 2017, we redeemed our preferred stock in its entirety.

Our federal tax return for the year ended December 31, 2017 has not been filed. The taxability information presented for our dividends paid in 2017 is based upon management’s estimates.

XML 34 R18.htm IDEA: XBRL DOCUMENT v3.8.0.1
Noncontrolling Interests - Operating Partnership
12 Months Ended
Dec. 31, 2017
Noncontrolling Interests - Operating Partnership  
Noncontrolling Interests - Operating Partnership

11. Noncontrolling Interests — Operating Partnership

Noncontrolling interests represent the limited partnership interests in our Operating Partnership held by individuals and entities other than CoreSite Realty Corporation. The current holders of common Operating Partnership units are eligible to have the common Operating Partnership units redeemed for cash or common stock on a one‑for‑one basis, at our option.

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

December 31, 2016

 

 

    

Number of Units

    

Percentage of Total

 

Number of Units

    

Percentage of Total

 

CoreSite Realty Corporation

 

33,826,264

 

71.0

%  

33,376,568

 

70.7

%

Noncontrolling interests

 

13,836,336

 

29.0

 

13,851,347

 

29.3

 

Total

 

47,662,600

 

100.0

%  

47,227,915

 

100.0

%

 

For each share of common stock issued by us, our Operating Partnership issues to us an equivalent common Operating Partnership unit. During the year ended  December 31, 2017, we issued 449,696 shares of common stock related to employee compensation arrangements and therefore an equivalent number of common Operating Partnership units were issued to us by our Operating Partnership.

Holders of common Operating Partnership units of record as of March 31, 2017, June 30, 2017, September 29, 2017,  and December 29, 2017, received quarterly distributions of $0.80 per unit,  $0.90 per unit, $0.90 per unit, and $0.98 per unit, respectively, payable in correlation with declared dividends on common stock.

During the years ended December 31, 2017, 2016, and 2015,  15,011,  3,007,000, and 8,500,000 common Operating Partnership units held by The Carlyle Group and other third parties were redeemed for shares of our common stock in connection with the sale of 15,011,  3,007,000, and 8,500,000 shares of our common stock, respectively. These redemptions were recorded as $0.2 million,  $37.4 million, and $110.2 million reductions to noncontrolling interests in our Operating Partnership and an increase to total stockholder’s equity in the consolidated balance sheets for the years ended December 31, 2017, 2016, and 2015, respectively. 

The redemption value of the noncontrolling interests at December 31, 2017,  was $1.6 billion based on the closing price of the Company’s common stock of $113.90 on the last trading day prior to that date.

XML 35 R19.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity Incentive Award Plan
12 Months Ended
Dec. 31, 2017
Equity Incentive Award Plan  
Equity Incentive Plan

12. Equity Incentive Plan

Our Board of Directors adopted and, with the approval of our stockholders, amended the 2010 Equity Incentive Plan (as amended, the “2010 Plan”). The 2010 Plan is administered by the Compensation Committee of our Board of Directors. Awards issuable under the 2010 Plan include common stock, stock options, restricted stock, stock appreciation rights, dividend equivalents, Operating Partnership units and other incentive awards. We have reserved a total of 6,000,000 shares of our common stock for issuance pursuant to the 2010 Plan, which may be adjusted for changes in our capitalization and certain corporate transactions. To the extent that an award expires, terminates or lapses, or an award is settled in cash without the delivery of shares of common stock to the participant, then any unvested shares subject to the award will be available for future grant or sale under the 2010 Plan. Shares of restricted stock that are forfeited or repurchased by us pursuant to the 2010 Plan may again be awarded under the 2010 Plan. The payment of dividend equivalents in cash in conjunction with any outstanding awards will not be counted against the shares available for issuance under the 2010 Plan.

As of December 31, 2017,  3,048,508 shares of our common stock were available for issuance pursuant to the 2010 Plan.

Stock Options

Stock option awards are granted with an exercise price equal to the closing market price of the Company’s common stock on the date of grant. The fair value of each option granted under the 2010 Plan is estimated on the date of grant using the Black‑Scholes option‑pricing model. The fair values are amortized on a straight‑line basis over the vesting periods. Stock options have not been granted since the year ending December 31, 2013. 

The following table sets forth stock option activity under the 2010 Plan for the years ended December 31, 2017,  2016, and 2015.

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of
Shares Subject
to Option

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value

 

Options outstanding, December 31, 2014

  

758,095

  

$

20.94

  

6.7 years

  

$ 13.7 million

  

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(410,322)

 

 

20.15

 

 

 

$ 12.0 million

 

Forfeited

 

(7,281)

 

 

27.53

 

 

 

 

 

Expired

 

(282)

 

 

15.23

 

 

 

 

 

Options outstanding, December 31, 2015

 

340,210

 

$

21.77

 

5.8 years

 

$ 11.9 million

 

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(74,660)

 

 

17.27

 

 

 

$ 3.8 million

 

Forfeited

 

 —

 

 

 —

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Options outstanding, December 31, 2016

 

265,550

 

$

22.96

 

5.0 years

 

$ 15.0 million

 

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(197,761)

 

 

24.37

 

 

 

$ 13.3 million

 

Forfeited

 

 —

 

 

 —

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Options outstanding, December 31, 2017

 

67,789

 

$

19.12

 

3.4 years

 

$ 6.4 million

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31,

 

 

 

 

 

 

 

 

 

 

2015

 

234,943

 

$

18.47

 

5.4 years

 

$ 9.0 million

 

2016

 

249,227

 

$

22.29

 

4.9 years

 

$ 14.2 million

 

2017

 

67,789

 

$

19.12

 

3.4 years

 

$ 6.4 million

 

 

The following table sets forth the number of shares subject to options that are unvested as of December 31, 2017,  2016, and 2015, and the fair value of these options at the grant date:

 

 

 

 

 

 

 

 

    

Number of
Shares Subject
to Option

    

Weighted
Average Fair
Value at
Grant Date

 

Unvested balance, December 31, 2014

 

283,964

 

$

7.75

 

Granted

 

 —

 

 

 —

 

Forfeited

 

(7,281)

 

 

8.48

 

Vested

 

(171,416)

 

 

6.86

 

Unvested balance, December 31, 2015

 

105,267

 

$

9.13

 

Granted

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Vested

 

(88,944)

 

 

8.97

 

Unvested balance, December 31, 2016

 

16,323

 

$

9.99

 

Granted

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Vested

 

(16,323)

 

 

9.99

 

Unvested balance, December 31, 2017

 

 —

 

$

 —

 

 

As of December 31, 2017, all stock option awards are fully vested. As the Company has been a publicly traded company only since September 28, 2010, expected volatilities used in the Black-Scholes model are based on the historical volatility of a group of comparable REITs. We utilize the simplified method of estimating the term for options granted due to the lack of historical exercise data necessary to provide a reasonable basis upon which to estimate the term. The risk-free rate for periods within the contractual life of the option is based on the U.S. Treasury yield curve in effect at the time of grant. No options were granted during the years ended 2017,  2016 or 2015.  

Restricted Stock Awards and Units

Restricted stock awards and restricted stock units, or RSUs, are granted with a fair value equal to the closing market price of the Company's common stock on the date of grant. The principal difference between restricted stock awards and RSUs is that RSUs are not shares of our common stock and do not have any of the rights or privileges thereof, including voting rights. On the applicable vesting date, the holder of an RSU becomes entitled to a share of common stock. The restricted stock awards and RSUs are amortized on a straight-line basis to expense over the vesting period.

The following table sets forth the number of unvested restricted stock awards and RSUs and the weighted-average fair value of these awards at the date of grant:

 

 

 

 

 

 

 

 

    

Restricted Stock

Awards and

Units

    

Weighted
Average Fair
Value at
Grant Date

 

Unvested balance, December 31, 2014

 

394,016

 

$

29.10

 

Granted

 

187,644

 

 

47.41

 

Forfeited

 

(34,788)

 

 

36.06

 

Vested

 

(169,260)

 

 

26.96

 

Unvested balance, December 31, 2015

 

377,612

 

$

38.51

 

Granted

 

182,628

 

 

66.69

 

Forfeited

 

(37,383)

 

 

53.87

 

Vested

 

(199,216)

 

 

36.57

 

Unvested balance, December 31, 2016

 

323,641

 

$

53.84

 

Granted

 

139,788

 

 

85.79

 

Forfeited

 

(34,020)

 

 

64.00

 

Vested

 

(139,566)

 

 

44.31

 

Unvested balance, December 31, 2017

 

289,843

 

$

70.71

 

 

As of December 31, 2017, total unearned compensation on restricted stock awards and RSUs was approximately $14.4 million, and the weighted-average vesting period was 2.4 years.

Performance Stock Awards

We grant long-term incentives to members of management in the form of performance-based restricted stock awards (“PSAs”) under the 2010 Plan. The number of PSAs earned is based on our achievement of relative total shareholder return (“TSR”) measured versus the MSCI US REIT Index over a  three-year performance period and ranges between 25% and 175% of the target number of shares for PSAs granted in 2015, 2016, and 2017. The PSAs are granted at the maximum percentage of target and are retired annually to the extent we do not meet the maximum relative TSR performance threshold versus the MSCI US REIT Index. The PSAs are earned upon TSR achievement measured both annually and over the full three-year performance period. The PSAs have a service condition and will be released at the end of the three-year performance period, to the extent earned, provided that the holder continues to be employed or otherwise in service of the Company at the end of the three-year performance period. The PSAs are amortized on a straight-line basis to expense over the vesting period. Holders of the PSAs are entitled to dividends on the PSAs, which are accrued and paid in cash at the end of the three-year performance period.

 

The following table sets forth the number of unvested PSAs and the weighted-average fair value of these awards at the date of grant:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average Fair

 

 

 

Performance-Based Restricted Stock Awards

 

Value at Grant

 

 

    

Minimum

 

Maximum

    

Target

    

Date

 

Unvested balance, December 31, 2014

 

 —

 

85,851

 

57,233

 

$

25.89

 

Granted

 

11,222

 

78,553

 

44,886

 

 

61.22

 

Performance adjustment (1)

 

9,981

 

(7,190)

 

(1,465)

 

 

 —

 

Forfeited

 

(1,458)

 

(13,657)

 

(8,572)

 

 

43.38

 

Vested

 

(594)

 

(594)

 

(594)

 

 

25.89

 

Unvested balance, December 31, 2015

 

19,151

 

142,963

 

91,488

 

$

42.78

 

Granted

 

11,796

 

82,572

 

47,184

 

 

84.78

 

Performance adjustment (1)

 

29,256

 

 —

 

11,893

 

 

 —

 

Forfeited

 

(13,474)

 

(55,916)

 

(34,695)

 

 

69.12

 

Vested

 

(1,894)

 

(1,894)

 

(1,894)

 

 

42.17

 

Unvested balance, December 31, 2016

 

44,835

 

167,725

 

113,976

 

$

54.24

 

Granted

 

7,210

 

50,472

 

28,841

 

 

105.50

 

Performance adjustment (1)

 

62,841

 

 —

 

23,725

 

 

 —

 

Forfeited

 

(5,674)

 

(16,836)

 

(11,255)

 

 

79.09

 

Vested

 

(70,518)

 

(70,518)

 

(70,518)

 

 

25.89

 

Unvested balance, December 31, 2017

 

38,694

 

130,843

 

84,769

 

$

84.63

 


(1)

Includes the annual adjustment for the number of PSAs earned based on our achievement of relative TSR measured versus the MSCI US REIT Index for the applicable performance periods.

As of December 31, 2017,  total unearned compensation on PSAs was approximately $3.3 million, and the weighted-average vesting period was 1.8 years. The fair value of each PSA award is estimated on the date of grant using a Monte Carlo simulation. The simulation requires assumptions for expected volatility, risk-free rate of return, and dividend yield. The following table summarizes the assumptions used to value the PSAs granted during the years ended December 31, 2017, 2016 and 2015:

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

    

2015

    

Expected term (in years)

 

2.81

 

 

2.83

 

2.83

 

Expected volatility

 

23.33

%  

 

25.29

%  

25.51

%

Expected annual dividend(1)

 

 —

 

 

 —

 

 —

 

Risk-free rate

 

1.60

%  

 

0.97

%  

1.02

%


(1)

The fair value of the PSAs assumes reinvestment of dividends.

XML 36 R20.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share
12 Months Ended
Dec. 31, 2017
Earnings Per Share  
Earnings Per Share

13. Earnings Per Share

Basic net income per share is calculated by dividing the net income attributable to common shares by the weighted-average number of common shares outstanding during the period. Diluted net income per share adjusts basic net income per share for the effects of potentially dilutive common shares, if the effect is not antidilutive. Potentially dilutive common stock consists of shares issuable under the 2010 Plan.

The following is a summary of basic and diluted net income per share (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

  

2017

  

2016

    

2015

 

Net income attributable to common shares

 

$

62,605

 

$

50,371

 

$

26,368

 

Weighted-average common shares outstanding - basic

 

 

33,792,759

 

 

32,289,414

 

 

25,218,500

 

Effect of potentially dilutive common shares:

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

88,399

 

 

192,464

 

 

302,264

 

Unvested awards

 

 

177,791

 

 

250,181

 

 

185,804

 

Weighted-average common shares outstanding - diluted

 

 

34,058,949

 

 

32,732,059

 

 

25,706,568

 

Net income per share attributable to common shares

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.85

 

$

1.56

 

 

$ 1.05

 

Diluted

 

$

1.84

 

$

1.54

 

 

$ 1.03

 

 

In the calculations above, we have excluded weighted-average potentially dilutive securities of 24,961,  29,618 and 117,048 for the years ended December 31, 2017,  2016, and 2015, respectively, as their effect would have been antidilutive.

XML 37 R21.htm IDEA: XBRL DOCUMENT v3.8.0.1
Employee Benefit Plan
12 Months Ended
Dec. 31, 2017
Employee Benefit Plan  
Employee Benefit Plan

14. Employee Benefit Plan

We have a tax qualified retirement 401(k) plan that provides employees with an opportunity to save for retirement on a tax advantaged basis. Employees are eligible to participate upon hire. Additionally, on the first of the month following after six months of employment, we provide a safe harbor contribution equal to 3% of the participant’s annual salary. The employee and employer contributions are limited to the maximum amount allowed by the Internal Revenue Service. Both employee and employer contributions vest immediately. For the years ended December 31, 2017,  2016, and 2015, our contributions were $1.1 million, $0.9 million, and $0.8 million, respectively.

XML 38 R22.htm IDEA: XBRL DOCUMENT v3.8.0.1
Estimated Fair Value of Financial Instruments
12 Months Ended
Dec. 31, 2017
Estimated Fair Value of Financial Instruments  
Estimated Fair Value of Financial Instruments

15. Estimated Fair Value of Financial Instruments

Authoritative guidance issued by FASB establishes a hierarchy of valuation techniques based on the observability of inputs utilized in measuring assets and liabilities at fair values. This hierarchy establishes market‑based or observable inputs as the preferred source of values, followed by valuation models using management assumptions in the absence of market inputs. The three levels of the hierarchy under the authoritative guidance are as follows:

Level 1 — Quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity can access at the assessment date.

Level 2 — Inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly or indirectly.

Level 3 — Unobservable inputs for the asset or liability.

Our financial instruments consist of cash and cash equivalents, accounts and other receivables, interest rate swaps, the revolving credit facility, the senior unsecured term loans, senior unsecured notes, interest payable and accounts payable. The carrying values of cash and cash equivalents, accounts and other receivables, interest payable and accounts payable approximate fair values due to the short-term nature of these financial instruments. The interest rate swaps are recorded at fair value.

The valuation of our derivatives is determined using widely accepted valuation techniques including discounted cash flow analysis on the expected cash flows of each derivative, which reflects the contractual terms of the derivatives, including the period to maturity, and uses observable market-based inputs, including interest rate curves. We have determined that the majority of the inputs used to value our derivatives fall within Level 2 of the fair value hierarchy; however, the credit valuation adjustments associated with our derivatives utilize Level 3 inputs, such as estimates of current credit spreads, to evaluate the likelihood of default by our Operating Partnership and its counterparties. As of December 31, 2017, we have assessed the significance of the impact of the credit valuation adjustments on the overall valuation of our derivative positions and have determined that the credit valuation adjustment is not significant to the overall valuation of our derivative portfolio. As a result we classify our derivative valuation in Level 2 of the fair value hierarchy.

The total principal balance of our revolving credit facility, senior unsecured term loans, and senior unsecured notes was $944.5 million and $694.0 million as of December 31, 2017 and 2016, respectively, with a fair value of $946.6 million and $673.0 million, respectively, based on Level 3 inputs from the fair value hierarchy. Under the discounted cash flow method, the fair values of the revolving credit facility, and the senior unsecured term loans are based on our assumptions of market interest rates and terms available incorporating our credit risk for similar loan maturities.

XML 39 R23.htm IDEA: XBRL DOCUMENT v3.8.0.1
Commitments and Contingencies
12 Months Ended
Dec. 31, 2017
Commitments and Contingencies.  
Commitments and Contingencies

16. Commitments and Contingencies

Our properties require periodic investments of capital for general capital improvements and for tenant related capital expenditures. We enter into various construction and equipment contracts with third parties for the development of our properties. At December 31, 2017, we had open commitments related to construction contracts of approximately $113.0 million.

Additionally, we have commitments related to telecommunications capacity used to connect data centers located within the same market or geographical area and power usage. At December 31, 2017, we had open commitments related to these contracts of approximately $103.7 million, of which $7.0 million is scheduled to be met during the year ended December 31, 2018.

In the ordinary course of business, we are subject to claims and administrative proceedings. Except as described below, we are not presently party to any proceeding, which we believe to be material or which we would expect to have, individually or in the aggregate, a material adverse effect on our business, financial condition, cash flows or results of operations.

On February 4, 2014, U.S. Colo, LLC (“U.S. Colo”), a current customer, filed a complaint against us in the United States District Court for the Central District of California. In the complaint, U.S. Colo alleged that it should not have been charged for the use of various interconnection services under the terms of an existing agreement between the parties.

 

On July 23, 2015, after amendments to the complaint, dismissal of several of U.S. Colo’s claims, and a remand of the case to the Superior Court of the State of California, County of Los Angeles (the “Superior Court”), U.S. Colo filed an amended complaint alleging breach of contract and breach of the covenant of good faith and fair dealing. The amended complaint seeks $802,564 in damages for charges paid to us for interconnection services; $70,080,000 in damages for alleged losses of revenue and profits; attorney's fees, interest, and costs of the suit; and declaratory and injunctive relief.

On February 4, 2016, the Superior Court granted our motion for summary adjudication, finding that U.S. Colo had contractually waived all claims for lost revenue or profits or other consequential damages.

 

The case was set to start trial on July 24, 2017 (after being rescheduled previously), but upon unopposed application by U.S. Colo, the Superior Court vacated the July 24, 2017, trial date, continued the trial date to April 9, 2018, set a final status conference for March 29, 2018, and reset other procedural deadlines in the action. We intend to vigorously defend this legal proceeding.

 

While it is not feasible to predict or determine the outcome of this legal proceeding, as of December 31, 2017,  we estimate that the ultimate resolution of this matter and other disputes could result in a loss that is reasonably possible between zero and $2.5 million in the aggregate, of which $2.3 million has been accrued in accounts payable and accrued expenses in our consolidated balance sheet as of December 31, 2017.

On July 9, 2015, a purported class action lawsuit was filed in the Superior Court of the State of California, County of Los Angeles, against us, alleging various employment law violations related to overtime, meal and break periods, minimum wage, timely payment of wages, wage statements, payroll records and business expenses. On March 15, 2016, we filed a responsive pleading generally denying the allegations. On July 27, 2016, the parties agreed upon class-wide settlement terms, subject to court approval. On November 28, 2017, the Superior Court granted final approval of the parties’ settlement, which resolves the matter on a class-wide basis, on behalf of all non-exempt employees in California. The settlement also resolves a related class action lawsuit filed on July 22, 2016, alleging similar claims. As part of the settlement, we agreed to pay $600,000, which was paid on December 12, 2017.

XML 40 R24.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Information (unaudited)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information (unaudited)  
Quarterly Financial Information (unaudited)

17. Quarterly Financial Information (unaudited)

The table below reflects the selected quarterly information for the years ended December 31, 2017, and 2016 (in thousands except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

    

2017

    

2017

    

2017

    

2017

 

Revenue

 

$

125,946

 

$

123,068

 

$

117,886

 

$

114,921

 

Operating income

 

 

33,667

 

 

30,799

 

 

30,082

 

 

30,264

 

Net income

 

 

27,008

 

 

24,288

 

 

24,135

 

 

25,060

 

Net income attributable to common shares

 

 

14,912

 

 

15,758

 

 

15,643

 

 

16,292

 

Net income per share attributable to common shares - basic

 

$

0.44

 

$

0.47

 

$

0.46

 

$

0.49

 

Net income per share attributable to common shares - diluted

 

$

0.44

 

$

0.46

 

$

0.46

 

$

0.48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

    

2016

    

2016

    

2016

    

2016

 

Revenue

 

$

110,508

 

$

101,274

 

$

96,090

 

$

92,480

 

Operating income

 

 

27,933

 

 

22,505

 

 

22,558

 

 

21,621

 

Net income

 

 

23,161

 

 

19,319

 

 

19,835

 

 

19,606

 

Net income attributable to common shares

 

 

14,895

 

 

12,180

 

 

12,035

 

 

11,261

 

Net income per share attributable to common shares - basic

 

$

0.45

 

$

0.36

 

$

0.38

 

$

0.37

 

Net income per share attributable to common shares - diluted

 

$

0.44

 

$

0.36

 

$

0.37

 

$

0.37

 

 

XML 41 R25.htm IDEA: XBRL DOCUMENT v3.8.0.1
Schedule III Real Estate and Accumulated Depreciation
12 Months Ended
Dec. 31, 2017
Schedule III Real Estate and Accumulated Depreciation  
Schedule III Real Estate and Accumulated Depreciation

CoreSite Realty Corporation

Schedule III

Real Estate and Accumulated Depreciation

December 31, 2017

(in thousands)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Gross Amount Carried at

 

 

 

 

 

 

 

 

 

 

Initial Cost

 

Costs Capitalized

 

December 31, 2017

 

Accumulated

 

Year

 

 

 

 

 

 

 

 

Building and

 

Subsequent to

 

 

 

Building and

 

 

 

 

Depreciation at

 

Acquired

 

Property Name

 

Location

 

Land

 

Improvements

 

Acquisition

 

Land

 

Improvements

 

Total

 

December 31, 2017

 

or Leased

 

BO1

 

Somerville, MA

 

$

6,100

 

$

26,748

 

$

78,651

 

$

5,154

 

$

106,345

 

$

111,499

 

$

51,570

 

2007

 

CH1

 

Chicago, IL

 

 

5,493

 

 

49,522

 

 

62,746

 

 

5,493

 

 

112,268

 

 

117,761

 

 

36,057

 

2010

 

DC1

 

Washington, DC

 

 

 —

 

 

4,797

 

 

4,491

 

 

 —

 

 

9,288

 

 

9,288

 

 

5,861

 

2010

 

DC2

 

Washington, DC

 

 

 —

 

 

 —

 

 

4,405

 

 

 —

 

 

4,405

 

 

4,405

 

 

 —

 

2017

 

DE1

 

Denver, CO

 

 

 —

 

 

37

 

 

17,676

 

 

 —

 

 

17,713

 

 

17,713

 

 

2,637

 

2012

 

DE2

 

Denver, CO

 

 

 —

 

 

 4

 

 

1,663

 

 

 —

 

 

1,667

 

 

1,667

 

 

711

 

2012

 

LA1

 

Los Angeles, CA

 

 

 —

 

 

41,099

 

 

38,882

 

 

 —

 

 

79,981

 

 

79,981

 

 

41,224

 

2010

 

LA2

 

Los Angeles, CA

 

 

28,467

 

 

94,114

 

 

143,408

 

 

28,467

 

 

237,522

 

 

265,989

 

 

54,603

 

2010

 

MI1

 

Miami, FL

 

 

728

 

 

9,325

 

 

2,315

 

 

728

 

 

11,640

 

 

12,368

 

 

3,388

 

2010

 

NY1

 

New York, NY

 

 

 —

 

 

 —

 

 

38,008

 

 

 —

 

 

38,008

 

 

38,008

 

 

22,355

 

2007

 

NY2

 

Secaucus, NJ

 

 

4,952

 

 

18,408

 

 

114,628

 

 

2,388

 

 

135,600

 

 

137,988

 

 

21,677

 

2013

 

SV1

 

San Jose, CA

 

 

6,863

 

 

91,719

 

 

41,806

 

 

6,863

 

 

133,525

 

 

140,388

 

 

36,235

 

2010

 

SV2

 

Milpitas, CA

 

 

5,086

 

 

5,046

 

 

27,896

 

 

5,086

 

 

32,942

 

 

38,028

 

 

19,485

 

2006

 

SV3

 

Santa Clara, CA

 

 

4,162

 

 

3,482

 

 

48,729

 

 

3,972

 

 

52,401

 

 

56,373

 

 

34,793

 

2007

 

SV4

 

Santa Clara, CA

 

 

4,632

 

 

3,716

 

 

98,064

 

 

4,501

 

 

101,911

 

 

106,412

 

 

38,042

 

2007

 

SV5

 

Santa Clara, CA

 

 

2,572

 

 

 —

 

 

23,577

 

 

2,544

 

 

23,605

 

 

26,149

 

 

2,545

 

2007

 

SV6

 

Santa Clara, CA

 

 

4,741

 

 

 —

 

 

36,826

 

 

4,825

 

 

36,742

 

 

41,567

 

 

1,533

 

2007

 

SV7

 

Santa Clara, CA

 

 

3,793

 

 

 —

 

 

237,889

 

 

3,595

 

 

238,087

 

 

241,682

 

 

16,114

 

2007

 

SV8

 

Santa Clara, CA

 

 

12,158

 

 

 —

 

 

1,179

 

 

 —

 

 

13,337

 

 

13,337

 

 

 —

 

2017

 

VA1

 

Reston, VA

 

 

6,903

 

 

32,939

 

 

93,068

 

 

6,903

 

 

126,007

 

 

132,910

 

 

62,379

 

2007

 

VA2

 

Reston, VA

 

 

5,197

 

 

 —

 

 

132,550

 

 

5,539

 

 

132,208

 

 

137,747

 

 

20,870

 

2007

 

Reston Campus Expansion

 

Reston, VA

 

 

14,200

 

 

43,949

 

 

31,808

 

 

11,200

 

 

78,757

 

 

89,957

 

 

1,062

 

2016

 

 

 

Total

 

$

116,047

 

$

424,905

 

$

1,280,265

 

$

97,258

 

$

1,723,959

 

$

1,821,217

 

$

473,141

 

 

 

 

None of our properties are encumbered.

The aggregate cost of the total properties for federal income tax purposes was approximately $1,706.1 million (unaudited) at December 31, 2017.

See accompanying report of independent registered public accounting firm.

CoreSite Realty Corporation

Schedule III

Real Estate and Accumulated Depreciation (Continued)

December 31, 2017

(in thousands)

 

The following table reconciles the historical cost and accumulated depreciation of our properties for the years ended December 31, 2017,  2016, and 2015:

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

    

2017

    

2016

    

2015

  

Property

    

 

 

    

   

 

 

 

 

 

Balance, beginning of year

 

$

1,643,576

 

$

1,295,135

    

$

1,146,548

 

Additions - property acquisitions

 

 

12,158

 

 

58,149

 

 

 —

  

Additions - improvements

 

 

165,483

 

 

290,292

 

 

148,587

 

Balance, end of year

 

$

1,821,217

 

$

1,643,576

 

$

1,295,135

 

 

 

 

 

 

 

 

 

 

 

 

Accumulated Depreciation

 

 

 

 

 

 

 

 

 

 

Balance, beginning of year

 

$

369,303

 

$

284,219

 

$

215,978

 

Additions, net of disposals

 

 

103,838

 

 

85,084

 

 

68,241

 

Balance, end of year

 

$

473,141

 

$

369,303

 

$

284,219

 

 

See accompanying report of independent registered public accounting firm.

XML 42 R26.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Policies)
12 Months Ended
Dec. 31, 2017
Summary of Significant Accounting Policies  
Principles of Consolidation and Basis of Presentation

Principles of Consolidation and Basis of Presentation

The accompanying consolidated financial statements have been prepared by our management in accordance with U.S. generally accepted accounting principles (“GAAP”) and in compliance with the rules and regulations of the U.S. Securities and Exchange Commission. In the opinion of our management, all adjustments (consisting of normal recurring adjustments) considered necessary for a fair presentation have been included.

Our Operating Partnership meets the definition and criteria of a variable interest entity (“VIE”) and we are the primary beneficiary of the VIE. Our sole significant asset is the investment in our Operating Partnership, and consequently, substantially all of our assets and liabilities represent those assets and liabilities of our Operating Partnership. Our debt is an obligation of our Operating Partnership where the creditors also have recourse against the credit of the Company. Intercompany balances and transactions have been eliminated upon consolidation.

Recent Accounting Pronouncements

Recent Accounting Pronouncements

In May 2014, the Financial Accounting Standards Board (“FASB”) issued guidance codified in Accounting Standards Codification (“ASC”) Topic 606, Revenue Recognition — Revenue from Contracts with Customers, which amends the guidance in former ASC Topic 605, Revenue Recognition. The standard establishes a five-step model framework which recognizes revenue as an entity transfers control of goods or services to the customer and requires enhanced disclosures. This standard does not apply to leases, which will be accounted for under ASC Topic 842, Leases. The revenue standard is effective for interim and annual reporting periods beginning after December 15, 2017. The standard permits the use of either the retrospective or cumulative effect transition method. As ASC Topic 606 does not impact lessor accounting, this standard will not significantly impact our accounting for rental revenue. In addition, there is not a significant impact to our accounting for nonlease components, including power, interconnection, and tenant reimbursement and other revenue. We adopted ASC Topic 606 on January 1, 2018, and will use the cumulative effect transition method.

 

In February 2016, the FASB issued guidance codified in ASC Topic 842, Leases, which amends the guidance in former ASC Topic 840, Leases. We are party to leases as both a lessor and lessee. The main principle of ASC 842 requires lessees to recognize the assets and liabilities that arise from nearly all leases on the consolidated balance sheet. Lessor accounting remains mainly consistent with current guidance, with the majority of changes allowing for better alignment with the new lessee model and ASC Topic 606. The standard is effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. The standard requires a modified retrospective transition approach. We adopted ASC Topic 842 effective January 1, 2018, which would result in a transition date of January 1, 2016. The FASB has issued a Proposed Accounting Standards Update, Leases – Targeted Improvements, which proposes updates to the lease standard and would allow us to apply the new lease standard as of our January 1, 2018, adoption date and remove the requirement for us to restate our prior period financial statements upon adoption. If the proposed accounting standards update is issued in final form, we will apply the transition relief under the new lease standard as of January 1, 2018.

 

We are currently evaluating other impacts of the FASB’s proposed updates to the lease standard, specifically the proposed practical expedient which allows lessors not to separate nonlease components from the related lease components if both the timing and pattern of revenue recognition are the same for the nonlease component(s) and related lease component and the combined single lease component would be classified as an operating lease.

As a lessee the classification of our leases will not change, but we will be required to recognize a lease liability and corresponding right-of-use asset on our consolidated balance sheets for all of our operating leases. We have elected the package of practical expedients which allows us to not reassess (1) whether existing contracts contain leases, (2) the lease classification for existing leases, and (3) whether existing initial direct costs meet the new definition. We did not elect the hindsight practical expedient which permits entities to use hindsight in determining the lease term. Using the fixed noncancellable term of all existing data center leases, excluding renewal options, our initial lease liability and right-of-use asset will each be approximately $100 million on our consolidated balance sheet as of January 1, 2018.

In accordance with ASC Topic 842, lessor accounting for our leases remains largely unchanged, apart from the narrower definition of initial direct costs that can be capitalized. The new standard defines initial direct costs as only the incremental costs of signing a lease. Internal sales employees’ compensation, payroll-related fringe benefits and certain external legal fees related to the execution of successful lease agreements will not meet the definition of initial direct costs under the new standard and will be accounted for as a sales and marketing expense or general and administrative expense in the consolidated statements of operations upon adoption of ASC Topic 842. For the year ended December 31, 2017, we had $1.2 million and $0.1 million of capitalized salaries and benefits and external legal fees, respectively, which would not have been capitalized if ASC Topic 842 had been in effect. On a prospective basis, we estimate that the sales and marketing expense in our consolidated statement of operations will increase by approximately $1.4 million and general and administrative expense will increase by approximately $0.1 million for the year ending December 31, 2018, as a result of the narrower definition of initial direct costs.

In August 2016, the FASB issued guidance codified in ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. The standard provides guidance on eight specific cash flow classification issues including debt prepayment or debt extinguishment costs, contingent consideration payments made after a business combination, and separately identifiable cash flows and application of the predominance principle. The standard will be effective for the fiscal year beginning January 1, 2018, and subsequent interim periods. We do not expect the provisions of ASU 2016-15 to have a material impact on our consolidated financial statements.

In January 2017, the FASB issued guidance codified in ASU 2017-04, Intangibles – Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment. ASU 2017-04 simplifies the accounting for goodwill impairment by eliminating the process of measuring the implied value of goodwill, known as step two, from the goodwill impairment test. Instead, if the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. The standard will be effective for interim and annual reporting periods beginning after December 15, 2019, with early adoption permitted. We do not expect the provisions of ASU 2017-04 to have a material impact on our consolidated financial statements.

In August 2017, the FASB issued guidance codified in ASU 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities. ASU 2017-12 simplifies hedge accounting by eliminating the requirement to separately measure and report hedge ineffectiveness and presenting all items that affect earnings in the same income statement line item as the hedged item. The standard will be effective for interim and annual reporting periods beginning after December 15, 2018, with early adoption permitted. We do not expect the provisions of ASU 2017-12 to have a material impact on our consolidated financial statements.

Use of Estimates

Use of Estimates

The preparation of these consolidated financial statements in conformity with GAAP requires our management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingencies at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. We evaluate our estimates, including those related to assessing the carrying values of our real estate properties, goodwill, accrued liabilities and performance-based equity compensation plans. We base our estimates on historical experience, current market conditions, and various other assumptions that we believe to be reasonable under the circumstances. Actual results may vary from those estimates and those estimates could vary under different assumptions or conditions.

Reclassifications

Reclassifications

Certain immaterial amounts included in the consolidated financial statements for 2016 and 2015 have been reclassified to conform to the 2017 financial statement presentation.

Investments in Real Estate

Investments in Real Estate

Real estate investments are carried at cost less accumulated depreciation and amortization. The cost of real estate includes the purchase price of property and leasehold improvements. Expenditures for maintenance and repairs are expensed as incurred. Significant renovations and betterments that extend the economic useful lives of assets are capitalized. During land development and construction periods, we capitalize construction costs, legal fees, financing costs, real estate taxes and insurance, rent expense and internal costs of personnel performing development, if such costs are incremental and identifiable to a specific development project. Capitalization of costs begins upon commencement of development efforts and ceases when the project is ready for its intended use and held available for occupancy. Interest is capitalized during the period of development based upon applying the weighted-average borrowing rate to the actual development costs expended. Capitalized interest costs were $3.3 million, $4.1 million and $3.7 million for the years ended December 31, 2017,  2016, and 2015, respectively.

Depreciation and amortization are calculated using the straight‑line method over the following useful lives of the assets:

 

 

 

Buildings

   

27 to 40 years

Building improvements

 

1 to 10 years

Leasehold improvements

 

The shorter of the lease term or useful life of the asset

 

Depreciation expense was $108.1 million, $89.2 million and $76.1 million for the years ended December 31, 2017,  2016 and 2015, respectively.

Acquisition of Investment in Real Estate

Acquisition of Investment in Real Estate

When accounting for business combinations and asset acquisitions, the fair value of the real estate acquired is allocated to the acquired tangible assets, consisting primarily of land, building and building improvements, and identified intangible assets and liabilities, consisting of the value of above-market and below-market leases, value of in-place leases and the value of customer relationships.

The fair value of the land and building of an acquired property is determined by valuing the property as if it were vacant, and the “as-if-vacant” fair value is then allocated to land and building based on management’s determination of the fair values of these assets. Management determines the as-if-vacant fair value of a property using methods similar to those used by independent appraisers. Factors considered by management in performing these analyses include an estimate of carrying costs during the expected lease-up periods considering current market conditions and costs to execute similar leases.

The fair value of intangibles related to in-place leases includes the value of lease intangibles for above-market and below-market leases, lease origination costs, and customer relationships, determined on a lease-by-lease basis. Above-market and below-market leases are valued based on the present value (using an interest rate which reflects the risks associated with the leases acquired) of the difference between (i) the contractual amounts to be paid pursuant to the in-place leases and (ii) management's estimate of market lease rates for the corresponding in-place leases, measured over a period equal to the remaining noncancelable term of the lease and, for below-market leases, over a time period equal to the initial term plus any below-market fixed rate renewal periods. Lease origination costs include estimates of costs avoided associated with leasing the property, including tenant allowances and improvements and leasing commissions. Customer relationship intangibles relate to the additional revenue opportunities expected to be generated through interconnection services and utility services to be provided to the in-place lease tenants.

The capitalized values for above and below-market lease intangibles, lease origination costs, and customer relationships are amortized over the term of the underlying leases or the expected customer relationship. Amortization related to above-market and below-market leases where the Company is the lessor is recorded as either a reduction of or an increase to rental revenue, amortization related to above-market and below-market leases where the Company is the lessee is recorded as either a reduction of or an increase to rent expense. If a lease is terminated prior to its stated expiration, all unamortized amounts relating to that lease are written off.

The carrying value of intangible assets is reviewed for impairment in connection with its respective asset group whenever events or changes in circumstances indicate that the asset group may not be recoverable. An impairment loss is recognized if the carrying amount of the asset group is not recoverable and its carrying amount exceeds its estimated fair value. No impairment loss related to these intangible assets was recognized for the years ended December 31, 2017,  2016, or 2015.

The excess of the cost of an acquired business over the net of the amounts assigned to assets acquired (including identified intangible assets) and liabilities assumed is recorded as goodwill. As of December 31, 2017, and 2016, we had approximately $40.6 million and $41.2 million of goodwill, respectively. The Company’s goodwill has an indeterminate life and is not amortized, but is tested for impairment on an annual basis, or more frequently if events or changes in circumstances indicate that the asset might be impaired. No impairment loss was recognized for the years ended  December 31, 2017,  2016, or 2015. During the year ended December 31, 2017, goodwill was reduced by $0.5 million due to the receipt of cash from an escrow account associated with an entity acquired at the time of the Company’s initial public offering (“IPO”).

Cash and Cash Equivalents

Cash and Cash Equivalents

Cash and cash equivalents include all non‑restricted cash held in financial institutions and other non‑restricted highly liquid short‑term investments with original maturities at acquisition of three months or less.

Deferred Costs

Deferred Costs

Deferred leasing costs include commissions paid to third parties, including brokers, leasing and referral agents, and internal sales commissions paid to employees for successful execution of lease agreements. These commissions and other direct and incremental costs incurred to obtain new customer leases are capitalized and amortized over the term of the related leases using the straight-line method. If a customer lease terminates prior to the expiration of its initial term, any unamortized deferred costs related to the lease are written off to amortization expense. Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Internal sales commissions

 

$

17,402

 

$

18,748

 

Third party commissions

 

 

11,802

 

 

13,643

 

External legal counsel

 

 

775

 

 

730

 

Total

 

$

29,979

 

$

33,121

 

 

Deferred financing costs include costs incurred in connection with obtaining debt and extending existing debt. These financing costs are capitalized and amortized on a straight-line basis, which approximates the effective-interest method, over the term of the loan and the amortization is included as a component of interest expense. Depending on the type of debt instrument, deferred financing costs are reported either in other assets or as a direct deduction from the carrying amount of the related debt liabilities in our consolidated balance sheets.

Recoverability of Long-Lived Assets

Recoverability of Long‑Lived Assets

We review our long-lived assets for impairment whenever events or changes in circumstances indicate that the carrying amount of an asset may not be recoverable. Impairment is recognized when estimated expected future cash flows (undiscounted and without interest charges) are less than the carrying amount of the assets. The estimation of expected future net cash flows is inherently uncertain and relies, to a considerable extent, on assumptions regarding current and future economics and market conditions and the availability of capital. If, in future periods, there are changes in the estimates or assumptions incorporated into the impairment review analysis, the changes could result in an adjustment to the carrying amount of the long-lived assets. To the extent that impairment has occurred, the excess of the carrying amount of long-lived assets over its estimated fair value would be recognized as an impairment loss charged to net income. For the years ended December 31, 2017,  2016, and 2015,  no impairment of long-lived assets was recognized.

Derivative Instruments and Hedging Activities

Derivative Instruments and Hedging Activities

We reflect all derivative instruments at fair value as either assets or liabilities on the consolidated balance sheets. For those derivative instruments that are designated and qualify as hedging instruments, we record the effective portion of the gain or loss on the hedging instruments as a component of accumulated other comprehensive income or loss. Any ineffective portion of a derivative’s change in fair value is immediately recognized within net income. For derivatives that do not meet the criteria for hedge accounting, changes in fair value are immediately recognized within net income. See additional discussion in Note 9 Derivatives and Hedging Activities.

Internal-Use Software

Internal-Use Software

We recognize internal-use software development costs based on the development stage of the project and nature of the cost. Internal and external costs incurred during the preliminary project stage are expensed as they are incurred. Internal and external costs incurred to develop internal-use software during the application development stage are capitalized. Internal and external training costs and maintenance costs during the post-implementation-operation stage are expensed as incurred. Completed projects are placed into service and amortized over the estimated useful life of the software. For the years ended December 31, 2017, and 2016,  no impairment was recognized related to impairment of internal use software. For the year ended December 31, 2015, we recorded $0.3 million related to impairment of internal use software.

Our SaaS arrangements are capitalized when we have a contractual right to take possession of the software at any point during the period without significant penalty and it is feasible to run the software on our own hardware or we are able to contract with an unrelated third party to run the software. Any arrangements that do not meet these criterion are accounted for as a service contract and the costs are expensed as the services are performed. 

Revenue Recognition

Revenue Recognition

Our customer arrangements contain lease and nonlease elements. Consideration called for by the arrangement is separated at the inception of the arrangement into the lease and nonlease elements based on the relative fair value of each element. For the lease elements, rental revenue is recognized on a straight‑line basis over the customer’s lease term.  The excess of rents recognized over amounts contractually due pursuant to the underlying leases is recorded as deferred rent receivable within our consolidated balance sheets.

 

Nonlease elements include power and interconnection services. Power revenue is recognized each month as the power services are delivered to and utilized by our customers. Power services may include non‑recurring customer set‑up charges and installation fees that are initially deferred and recognized over the expected performance period. Interconnection services are contracted on a month-to-month basis and revenue is recognized each month as these services are delivered to and utilized by our customers.

 

Some of our data center leases contain provisions under which our customers reimburse us for a portion of real estate taxes, insurance, common area maintenance, and other recoverable costs.  Such customer reimbursements are recognized in the period that the expenses are recognized.

 

A provision for uncollectible accounts is recorded if a receivable balance relating to contractual rent, rent recorded on a straight-line basis, tenant reimbursements or other billed amounts is considered by management to be uncollectible. At December 31, 2017, and 2016, the allowance for doubtful accounts totaled $1.1 million and $0.2 million, respectively.

Share-Based Compensation

Share‑Based Compensation

We account for share-based compensation using the fair value method of accounting. The estimated fair value of the stock options granted by us is calculated based on the Black-Scholes option-pricing model. The fair value of restricted share-based and Operating Partnership unit compensation is based on the fair value of our common stock on the date of the grant. The fair value of performance share awards, which have a market condition, is based on a Monte Carlo simulation. The fair value for all share-based compensation is amortized on a straight-line basis over the vesting period. We have elected to account for forfeitures as they occur.

Asset Retirement and Environmental Remediation Obligations

Asset Retirement and Environmental Remediation Obligations

We record accruals for estimated asset retirement and environmental remediation obligations. The obligations relate primarily to the removal of asbestos during development of properties as well as the estimated equipment removal costs upon termination of a certain lease where we are the lessee. At December 31, 2017, and 2016, the amount included in unearned revenue, prepaid rent and other liabilities on the consolidated balance sheets was approximately $1.5 million and $1.4 million, respectively.

Income Taxes

Income Taxes

We elected to be taxed as a REIT under the Internal Revenue Code of 1986, as amended (the “Code”), commencing with our taxable year ended December 31, 2010. To qualify as a REIT, we are required to distribute at least 90% of our taxable income to our stockholders and meet various other requirements imposed by the Code relating to such matters as operating results, asset holdings, distribution levels and diversity of stock ownership. Provided we qualify for taxation as a REIT, we generally are not subject to corporate level federal income tax on the earnings distributed currently to our stockholders. If we fail to qualify as a REIT in any taxable year, and are unable to avail ourselves of certain savings provisions set forth in the Code, all of our taxable income would be subject to federal income tax at regular corporate rates, including any applicable alternative minimum tax.

To maintain REIT status, we must distribute a minimum of 90% of our taxable income. However, it is our policy and intent, subject to change, to distribute 100% of our taxable income and therefore, no provision is required in the accompanying consolidated financial statements for federal income taxes with regards to activities of the REIT and its subsidiary pass‑through entities. The allocable share of taxable income is included in the income tax returns of its stockholders. The Company is subject to the statutory requirements of the locations in which it conducts business. State and local income taxes are accrued as deemed required in the best judgment of management based on analysis and interpretation of respective tax laws.

We have elected to treat certain subsidiaries as taxable REIT subsidiaries (“TRS”). Certain activities that we undertake must be conducted by a TRS, such as services for our tenants that could be considered otherwise impermissible for us to perform and holding assets that we cannot hold directly. A TRS is subject to corporate level federal and state income taxes.

Deferred income taxes are recognized in certain taxable entities. Deferred income tax generally is a function of the period’s temporary differences (items that are treated differently for tax purposes than for financial reporting purposes), the utilization of tax net operating losses generated in prior years that previously had been recognized as deferred income tax assets and the reversal of any previously recorded deferred income tax liabilities. A valuation allowance for deferred income tax assets is provided if we believe all or some portion of the deferred income tax asset may more likely than not be realized. Any increase or decrease in the valuation allowance resulting from a change in circumstances that causes a change in the estimated realizability of the related deferred income tax asset is included in deferred tax expense. As of December 31, 2017, and 2016, the gross deferred income taxes were not material.

We currently have no liabilities for uncertain income tax positions. The earliest tax year for which we are subject to examination is 2014.  

Concentration of Credit Risks

Concentration of Credit Risks

Our cash and cash equivalents are maintained in various financial institutions, which, at times, may exceed federally insured limits. We have not experienced any losses in such accounts, and management believes that the Company is not exposed to any significant credit risk in this area. We have no off‑balance sheet concentrations of credit risk, such as foreign exchange contracts, option contracts, or foreign currency hedging arrangements.

Segment Information

Segment Information

We manage our business as one reportable segment consisting of investments in data centers located in the United States. Although we provide services in several markets, these operations have been aggregated into one reportable segment based on the similar economic characteristics amongst all markets, including the nature of the services provided and the type of customers purchasing these services.

XML 43 R27.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2017
Summary of Significant Accounting Policies  
Schedule of useful lives of real estate investment assets

 

 

 

 

Buildings

   

27 to 40 years

Building improvements

 

1 to 10 years

Leasehold improvements

 

The shorter of the lease term or useful life of the asset

 

Schedule of deferred leasing costs, net of amortization

Deferred leasing costs are included within other assets in the consolidated balance sheets and consisted of the following, net of amortization, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Internal sales commissions

 

$

17,402

 

$

18,748

 

Third party commissions

 

 

11,802

 

 

13,643

 

External legal counsel

 

 

775

 

 

730

 

Total

 

$

29,979

 

$

33,121

 

 

XML 44 R28.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquired Intangible Assets and Liabilities (Tables)
12 Months Ended
Dec. 31, 2017
Acquired Intangible Assets and Liabilities  
Schedule of above-market and below-market lease intangibles and other intangibles

Above-market and below-market lease intangibles and other intangibles balances at December 31, 2017, and 2016, are as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

    

Lease contracts above-market value

  

$

714

  

$

2,080

  

Accumulated amortization

 

 

(532)

 

 

(1,698)

 

Lease contracts above-market value, net

 

$

182

 

$

382

 

 

 

 

 

 

 

 

 

Lease contracts below-market value

 

$

9,102

 

$

9,731

 

Accumulated amortization

 

 

(5,608)

 

 

(5,439)

 

Lease contracts below-market value, net

 

$

3,494

 

$

4,292

 

 

 

 

 

 

 

 

 

Other identified intangible assets

 

$

14,174

 

$

20,218

 

Accumulated amortization

 

 

(8,053)

 

 

(10,687)

 

Other identified intangible assets, net

 

$

6,121

 

$

9,531

 

 

Schedule of estimated amortization of acquired below-market leases, net of acquired above-market leases

The estimated amortization of acquired below‑market leases, net of acquired above‑market leases for each of the five succeeding fiscal years, which will be a net increase to rental revenue, is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

456

 

2019

 

 

236

 

2020

 

 

241

 

2021

 

 

234

 

2022

 

 

208

 

Thereafter

 

 

1,937

 

Total

 

$

3,312

 

 

The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years

The estimated amortization of all other identified intangible assets for each of the five succeeding fiscal years is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

1,931

 

2019

 

 

1,481

 

2020

 

 

897

 

2021

 

 

856

 

2022

 

 

705

 

Thereafter

 

 

251

 

Total

 

$

6,121

 

 

XML 45 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
Investment in Real Estate (Tables)
12 Months Ended
Dec. 31, 2017
Investment in Real Estate  
Summary of properties owned or leased

The following is a summary of the properties owned or leased by market at December 31, 2017 (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Buildings and

 

Construction in

 

 

 

 

Market

    

Land

    

Improvements

    

Progress

    

Total Cost

 

Boston

 

$

5,154

 

$

106,317

 

$

28

 

$

111,499

 

Chicago

 

 

5,493

 

 

101,798

 

 

10,470

 

 

117,761

 

Denver

 

 

 —

 

 

19,193

 

 

187

 

 

19,380

 

Los Angeles

 

 

28,467

 

 

273,000

 

 

44,503

 

 

345,970

 

Miami

 

 

728

 

 

11,612

 

 

28

 

 

12,368

 

New York

 

 

2,388

 

 

132,413

 

 

41,195

 

 

175,996

 

Northern Virginia(1)

 

 

23,642

 

 

300,329

 

 

50,336

 

 

374,307

 

San Francisco Bay(2)

 

 

31,386

 

 

616,394

 

 

16,156

 

 

663,936

 

Total

 

$

97,258

 

$

1,561,056

 

$

162,903

 

$

1,821,217

 


(1)

On February 23, 2017, we executed a ten-year lease for 25,000 square feet at a new property, which we refer to as DC2, to further expand our data center presence in Washington D.C., within our Northern Virginia market. DC2 is under construction as of December 31, 2017.  

(2)

On August 29, 2017, we acquired a two-acre land parcel adjacent to our existing Santa Clara campus, with a total real estate cost of $12.2 million. In accordance with the purchase and sale agreement, the seller has committed to pay us $0.3 million over six months to assist them in vacating the property. We will account for the $0.3 million of cash receipts as ancillary operations which will reduce the basis of the land parcel. We plan to build a turn-key data center on the acquired land parcel, which we refer to as SV8, upon the receipt of necessary entitlements.

XML 46 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Assets (Tables)
12 Months Ended
Dec. 31, 2017
Other Assets.  
Schedule of other assets

Our other assets consisted of the following, net of amortization and depreciation, if applicable, as of December 31, 2017, and 2016 (in thousands):

 

 

 

 

 

 

 

 

 

 

December 31,

 

December 31,

 

 

    

2017

    

2016

 

Deferred rent receivable

 

$

40,038

 

$

36,393

 

Deferred leasing costs

 

 

29,979

 

 

33,121

 

Internal-use software

 

 

17,477

 

 

14,440

 

Prepaid expenses

 

 

6,770

 

 

4,390

 

Corporate furniture, fixtures and equipment

 

 

6,408

 

 

5,356

 

Deferred financing costs - revolving credit facility

 

 

957

 

 

1,604

 

Other

 

 

1,872

 

 

1,068

 

Total

 

$

103,501

 

$

96,372

 

 

Estimated amortization of deferred leasing costs for each of the five succeeding fiscal years

The estimated amortization of deferred leasing costs for each of the five succeeding fiscal years is as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

13,845

 

2019

 

 

8,194

 

2020

 

 

3,900

 

2021

 

 

1,560

 

2022

 

 

1,019

 

Thereafter

 

 

1,461

 

Total

 

$

29,979

 

 

XML 47 R31.htm IDEA: XBRL DOCUMENT v3.8.0.1
Leases (Tables)
12 Months Ended
Dec. 31, 2017
Leases  
Schedule of future minimum lease payments to be received under noncancelable operating leases

As a lessor, the Company leases data center space and office and light-industrial space under noncancelable operating lease agreements. The future minimum lease payments to be received under noncancelable operating leases in effect at December 31, 2017, are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

  

2018

 

$

237,706

 

2019

 

 

174,763

 

2020

 

 

120,834

 

2021

 

 

92,684

 

2022

 

 

68,259

 

Thereafter

 

 

161,525

 

Total

 

$

855,771

 

 

Schedule of future minimum lease payments to be paid under noncancelable leases

The future minimum lease payments to be paid under noncancelable real estate leases in effect at December 31, 2017, are as follows (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

  

2018

 

$

21,264

 

2019

 

 

22,491

 

2020

 

 

22,928

 

2021

 

 

22,676

 

2022

 

 

15,550

 

Thereafter

 

 

11,874

 

Total

 

$

116,783

 

 

XML 48 R32.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt  
Summary of outstanding indebtedness

A summary of outstanding indebtedness as of December 31, 2017, and 2016, is as follows (in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Maturity

 

December 31,

 

December 31,

 

 

    

Interest Rate

    

Date

    

2017

    

2016

 

Revolving credit facility

 

3.11% and 2.32% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2019

 

$

169,500

 

$

194,000

 

2020 Senior unsecured term loan(1)

 

3.00% and 2.60% at December 31, 2017, and December 31, 2016, respectively

 

June 24, 2020

 

 

150,000

 

 

150,000

 

2021 Senior unsecured term loan

 

3.06% and 2.27% at December 31, 2017, and December 31, 2016, respectively

 

February 2, 2021

 

 

100,000

 

 

100,000

 

2022 Senior unsecured term loan(2)

 

3.04% and 3.23% at December 31, 2017, and December 31, 2016, respectively

 

April 19, 2022

 

 

200,000

 

 

100,000

 

2023 Senior unsecured notes

 

4.19% at December 31, 2017, and December 31, 2016, respectively

 

June 15, 2023

 

 

150,000

 

 

150,000

 

2024 Senior unsecured notes

 

3.91% at December 31, 2017

 

April 20, 2024

 

 

175,000

 

 

 —

 

Total principal outstanding

 

 

 

`

 

 

944,500

 

 

694,000

 

Unamortized deferred financing costs

 

 

 

 

 

 

(4,930)

 

 

(3,550)

 

Total debt

 

 

 

 

 

$

939,570

 

$

690,450

 


(1)

Our Operating Partnership has in place a swap agreement with respect to the 2020 Term Loan (as defined below) to swap the variable interest rate associated with $75 million, or 50% of the principal amount, of the 2020 Term Loan to a fixed rate of approximately 2.93% per annum at our current leverage ratio. The interest rate on the remaining $75 million of the 2020 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.00%. See “Derivatives and Hedging Activities” in Note 9 below.    

(2)

Our Operating Partnership has in place a swap agreement with respect to the 2022 Term Loan (as defined below) to swap the variable interest rate associated with $50 million, or 25% of the principal amount, of the 2022 Term Loan to a fixed rate of approximately 2.98% per annum at our current leverage ratio through January 31, 2019. The interest rate on the remaining $150 million of the 2022 Term Loan is based on LIBOR plus the applicable spread. The effective interest rate as of December 31, 2017, is 3.04%. See “Derivatives and Hedging Activities” in Note 9 below.    

Summary of amount of the entity's outstanding debt when such debt currently become due

The following table summarizes the amount of our outstanding debt as of December 31, 2017, based on when such debt currently becomes due (in thousands):

 

 

 

 

 

Year Ending December 31,

    

 

 

 

2018

 

$

 —

 

2019

 

 

169,500

 

2020

 

 

150,000

 

2021

 

 

100,000

 

2022

 

 

200,000

 

Thereafter

 

 

325,000

 

Total principal outstanding

 

 

944,500

 

Unamortized deferred financing costs

 

 

(4,930)

 

Total debt, net

 

$

939,570

 

 

XML 49 R33.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2017
Stockholders' Equity  
Schedule of dividends paid per share on Series A Cumulative Preferred Stock and common shares

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

Record Date

 

2017

 

2016

 

2015

 

Common Stock:

 

 

 

 

 

 

 

 

 

 

Ordinary income

 

$

2.13

 

$

2.36

 

$

1.70

 

Qualified dividend

 

 

 —

 

 

 —

 

 

 —

 

Capital gains

 

 

 —

 

 

 —

 

 

 —

 

Return of capital

 

 

0.91

 

 

 —

 

 

 —

 

Total dividend (1)

 

$

3.04

 

$

2.36

 

$

1.70

 

 

 

 

 

 

 

 

 

 

 

 

Preferred Stock:

 

 

 

 

 

 

 

 

 

 

Ordinary income

 

$

1.36

 

$

1.81

 

$

1.81

 

Qualified dividend

 

 

 —

 

 

 —

 

 

 —

 

Capital gains

 

 

 —

 

 

 —

 

 

 —

 

Total dividend (2)

 

$

1.36

 

$

1.81

 

$

1.81

 


(1)

A  $0.98 per share or unit distribution was paid in January, all of which will apply to tax year 2018. Of the $2.36 taxable dividend in 2016, $0.80 was paid in January 2017, of which $0.44 will apply to tax year 2017. Of the $1.70 taxable dividend in 2015, $0.53 was paid in January 2016, of which $0.41 will apply to tax year 2016.

(2)

All outstanding shares and dividends of the 7.25% Series A Cumulative Redeemable Preferred Stock were redeemed at $25.292014 per share at December 12, 2017. Of the $1.81 taxable dividend in 2016, $0.45 was paid in January 2017. Of the $1.81 taxable dividend in 2015, $0.45 was paid in January 2016.

XML 50 R34.htm IDEA: XBRL DOCUMENT v3.8.0.1
Noncontrolling Interests - Operating Partnership (Tables)
12 Months Ended
Dec. 31, 2017
Noncontrolling Interests - Operating Partnership  
Schedule of ownership interests in our Operating Partnership

 

 

 

 

 

 

 

 

 

 

 

 

December 31, 2017

 

December 31, 2016

 

 

    

Number of Units

    

Percentage of Total

 

Number of Units

    

Percentage of Total

 

CoreSite Realty Corporation

 

33,826,264

 

71.0

%  

33,376,568

 

70.7

%

Noncontrolling interests

 

13,836,336

 

29.0

 

13,851,347

 

29.3

 

Total

 

47,662,600

 

100.0

%  

47,227,915

 

100.0

%

 

XML 51 R35.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity Incentive Award Plan (Tables)
12 Months Ended
Dec. 31, 2017
Equity Incentive Award Plan  
Schedule of stock option activity

 

 

 

 

 

 

 

 

 

 

 

 

 

Number of
Shares Subject
to Option

 

Weighted
Average
Exercise
Price

 

Weighted
Average
Remaining
Contractual
Term

 

Aggregate
Intrinsic
Value

 

Options outstanding, December 31, 2014

  

758,095

  

$

20.94

  

6.7 years

  

$ 13.7 million

  

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(410,322)

 

 

20.15

 

 

 

$ 12.0 million

 

Forfeited

 

(7,281)

 

 

27.53

 

 

 

 

 

Expired

 

(282)

 

 

15.23

 

 

 

 

 

Options outstanding, December 31, 2015

 

340,210

 

$

21.77

 

5.8 years

 

$ 11.9 million

 

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(74,660)

 

 

17.27

 

 

 

$ 3.8 million

 

Forfeited

 

 —

 

 

 —

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Options outstanding, December 31, 2016

 

265,550

 

$

22.96

 

5.0 years

 

$ 15.0 million

 

Granted

 

 —

 

 

 —

 

 

 

 

 

Exercised

 

(197,761)

 

 

24.37

 

 

 

$ 13.3 million

 

Forfeited

 

 —

 

 

 —

 

 

 

 

 

Expired

 

 —

 

 

 —

 

 

 

 

 

Options outstanding, December 31, 2017

 

67,789

 

$

19.12

 

3.4 years

 

$ 6.4 million

 

 

 

 

 

 

 

 

 

 

 

 

Exercisable at December 31,

 

 

 

 

 

 

 

 

 

 

2015

 

234,943

 

$

18.47

 

5.4 years

 

$ 9.0 million

 

2016

 

249,227

 

$

22.29

 

4.9 years

 

$ 14.2 million

 

2017

 

67,789

 

$

19.12

 

3.4 years

 

$ 6.4 million

 

 

Schedule of unvested shares subject to options

 

 

 

 

 

 

 

 

    

Number of
Shares Subject
to Option

    

Weighted
Average Fair
Value at
Grant Date

 

Unvested balance, December 31, 2014

 

283,964

 

$

7.75

 

Granted

 

 —

 

 

 —

 

Forfeited

 

(7,281)

 

 

8.48

 

Vested

 

(171,416)

 

 

6.86

 

Unvested balance, December 31, 2015

 

105,267

 

$

9.13

 

Granted

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Vested

 

(88,944)

 

 

8.97

 

Unvested balance, December 31, 2016

 

16,323

 

$

9.99

 

Granted

 

 —

 

 

 —

 

Forfeited

 

 —

 

 

 —

 

Vested

 

(16,323)

 

 

9.99

 

Unvested balance, December 31, 2017

 

 —

 

$

 —

 

 

Schedule of restricted awards and RSUs

 

 

 

 

 

 

 

 

    

Restricted Stock

Awards and

Units

    

Weighted
Average Fair
Value at
Grant Date

 

Unvested balance, December 31, 2014

 

394,016

 

$

29.10

 

Granted

 

187,644

 

 

47.41

 

Forfeited

 

(34,788)

 

 

36.06

 

Vested

 

(169,260)

 

 

26.96

 

Unvested balance, December 31, 2015

 

377,612

 

$

38.51

 

Granted

 

182,628

 

 

66.69

 

Forfeited

 

(37,383)

 

 

53.87

 

Vested

 

(199,216)

 

 

36.57

 

Unvested balance, December 31, 2016

 

323,641

 

$

53.84

 

Granted

 

139,788

 

 

85.79

 

Forfeited

 

(34,020)

 

 

64.00

 

Vested

 

(139,566)

 

 

44.31

 

Unvested balance, December 31, 2017

 

289,843

 

$

70.71

 

 

Schedule of unvested PSAs and their weighted-average fair value at the date of grant

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-

 

 

 

 

 

 

 

Average Fair

 

 

 

Performance-Based Restricted Stock Awards

 

Value at Grant

 

 

    

Minimum

 

Maximum

    

Target

    

Date

 

Unvested balance, December 31, 2014

 

 —

 

85,851

 

57,233

 

$

25.89

 

Granted

 

11,222

 

78,553

 

44,886

 

 

61.22

 

Performance adjustment (1)

 

9,981

 

(7,190)

 

(1,465)

 

 

 —

 

Forfeited

 

(1,458)

 

(13,657)

 

(8,572)

 

 

43.38

 

Vested

 

(594)

 

(594)

 

(594)

 

 

25.89

 

Unvested balance, December 31, 2015

 

19,151

 

142,963

 

91,488

 

$

42.78

 

Granted

 

11,796

 

82,572

 

47,184

 

 

84.78

 

Performance adjustment (1)

 

29,256

 

 —

 

11,893

 

 

 —

 

Forfeited

 

(13,474)

 

(55,916)

 

(34,695)

 

 

69.12

 

Vested

 

(1,894)

 

(1,894)

 

(1,894)

 

 

42.17

 

Unvested balance, December 31, 2016

 

44,835

 

167,725

 

113,976

 

$

54.24

 

Granted

 

7,210

 

50,472

 

28,841

 

 

105.50

 

Performance adjustment (1)

 

62,841

 

 —

 

23,725

 

 

 —

 

Forfeited

 

(5,674)

 

(16,836)

 

(11,255)

 

 

79.09

 

Vested

 

(70,518)

 

(70,518)

 

(70,518)

 

 

25.89

 

Unvested balance, December 31, 2017

 

38,694

 

130,843

 

84,769

 

$

84.63

 


(1)

Includes the annual adjustment for the number of PSAs earned based on our achievement of relative TSR measured versus the MSCI US REIT Index for the applicable performance periods.

Summary of assumptions used to value performance stock awards

 

 

 

 

 

 

 

 

 

 

    

2017

    

2016

    

2015

    

Expected term (in years)

 

2.81

 

 

2.83

 

2.83

 

Expected volatility

 

23.33

%  

 

25.29

%  

25.51

%

Expected annual dividend(1)

 

 —

 

 

 —

 

 —

 

Risk-free rate

 

1.60

%  

 

0.97

%  

1.02

%


(1)

The fair value of the PSAs assumes reinvestment of dividends.

XML 52 R36.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2017
Earnings Per Share  
Summary of basic and diluted income per share

 

The following is a summary of basic and diluted net income per share (in thousands, except share and per share amounts):

 

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended December 31,

 

 

  

2017

  

2016

    

2015

 

Net income attributable to common shares

 

$

62,605

 

$

50,371

 

$

26,368

 

Weighted-average common shares outstanding - basic

 

 

33,792,759

 

 

32,289,414

 

 

25,218,500

 

Effect of potentially dilutive common shares:

 

 

 

 

 

 

 

 

 

 

Stock options

 

 

88,399

 

 

192,464

 

 

302,264

 

Unvested awards

 

 

177,791

 

 

250,181

 

 

185,804

 

Weighted-average common shares outstanding - diluted

 

 

34,058,949

 

 

32,732,059

 

 

25,706,568

 

Net income per share attributable to common shares

 

 

 

 

 

 

 

 

 

 

Basic

 

$

1.85

 

$

1.56

 

 

$ 1.05

 

Diluted

 

$

1.84

 

$

1.54

 

 

$ 1.03

 

 

XML 53 R37.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Information (unaudited) (Tables)
12 Months Ended
Dec. 31, 2017
Quarterly Financial Information (unaudited)  
Schedule of selected quarterly information

The table below reflects the selected quarterly information for the years ended December 31, 2017, and 2016 (in thousands except share data):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

    

2017

    

2017

    

2017

    

2017

 

Revenue

 

$

125,946

 

$

123,068

 

$

117,886

 

$

114,921

 

Operating income

 

 

33,667

 

 

30,799

 

 

30,082

 

 

30,264

 

Net income

 

 

27,008

 

 

24,288

 

 

24,135

 

 

25,060

 

Net income attributable to common shares

 

 

14,912

 

 

15,758

 

 

15,643

 

 

16,292

 

Net income per share attributable to common shares - basic

 

$

0.44

 

$

0.47

 

$

0.46

 

$

0.49

 

Net income per share attributable to common shares - diluted

 

$

0.44

 

$

0.46

 

$

0.46

 

$

0.48

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Three Months Ended

 

 

 

December 31,

 

September 30,

 

June 30,

 

March 31,

 

 

    

2016

    

2016

    

2016

    

2016

 

Revenue

 

$

110,508

 

$

101,274

 

$

96,090

 

$

92,480

 

Operating income

 

 

27,933

 

 

22,505

 

 

22,558

 

 

21,621

 

Net income

 

 

23,161

 

 

19,319

 

 

19,835

 

 

19,606

 

Net income attributable to common shares

 

 

14,895

 

 

12,180

 

 

12,035

 

 

11,261

 

Net income per share attributable to common shares - basic

 

$

0.45

 

$

0.36

 

$

0.38

 

$

0.37

 

Net income per share attributable to common shares - diluted

 

$

0.44

 

$

0.36

 

$

0.37

 

$

0.37

 

 

XML 54 R38.htm IDEA: XBRL DOCUMENT v3.8.0.1
Organization (Details) - Operating partnership
Dec. 31, 2017
Organization  
Percentage of ownership interests held by the entity 71.00%
Percentage of ownership interests held by others 29.00%
XML 55 R39.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Jan. 01, 2018
Recent Accounting Pronouncements          
Estimated increase in sales and marketing expense   $ 18,176 $ 17,495 $ 15,930  
Estimated increase in general and administrative expense   37,548 $ 35,369 $ 34,179  
ASU 2016-02          
Recent Accounting Pronouncements          
Capitalized salaries and benefits   1,200      
External legal fees   $ 100      
Forecast | ASU 2016-02          
Recent Accounting Pronouncements          
Right of use asset         $ 100,000
Right of use liability         $ 100,000
Estimated increase in sales and marketing expense $ 1,400        
Estimated increase in general and administrative expense $ 100        
XML 56 R40.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies - Real Estate (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Investments in Real Estate      
Capitalized interest costs $ 3.3 $ 4.1 $ 3.7
Depreciation expense $ 108.1 $ 89.2 $ 76.1
Building | Minimum      
Investments in Real Estate      
Useful lives 27 years    
Building | Maximum      
Investments in Real Estate      
Useful lives 40 years    
Building Improvements | Minimum      
Investments in Real Estate      
Useful lives 1 year    
Building Improvements | Maximum      
Investments in Real Estate      
Useful lives 10 years    
XML 57 R41.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies - Deferred Costs & Impairment (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Summary of Significant Accounting Policies      
Impairment loss related to intangible assets $ 0 $ 0 $ 0
Goodwill 40,646,000 41,191,000  
Impairment loss related to goodwill 0 0 0
Reduction of goodwill 500,000    
Deferred Costs      
Internal sales commissions 17,402,000 18,748,000  
Third party commissions 11,802,000 13,643,000  
External legal counsel 775,000 730,000  
Total 29,979,000 33,121,000  
Recoverability of Long-Lived Assets      
Impairment of real estate $ 0 $ 0 $ 0
XML 58 R42.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies - Internal Use Software, RR & IT (Details) - USD ($)
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Internal-Use Software      
Recognized impairment of internal use software $ 0 $ 0 $ 300,000
Revenue Recognition      
Increase to rental revenue 600,000 500,000 $ 500,000
Allowance for doubtful accounts (in dollars) 1,094,000 209,000  
Asset Retirement and Environmental Remediation Obligations      
Asset retirement and environmental remediation obligations $ 1,500,000 $ 1,400,000  
Income taxes      
Minimum percentage of distribution of taxable income to qualify as REIT 90.00%    
Percentage of distribution of taxable income as per company policy 100.00%    
Provision for federal income taxes $ 0    
Liabilities for uncertain positions $ 0    
XML 59 R43.htm IDEA: XBRL DOCUMENT v3.8.0.1
Summary of Significant Accounting Policies - Concentration of Credit Risks & Segment Information (Details)
12 Months Ended
Dec. 31, 2017
item
Summary of Significant Accounting Policies  
Number of off-balance-sheet concentrations of credit risk 0
Segment information  
Number of reportable segments 1
XML 60 R44.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquisitions (Details)
$ in Millions
1 Months Ended 3 Months Ended
Aug. 29, 2017
USD ($)
a
Nov. 10, 2016
USD ($)
a
ft²
Jan. 31, 2018
USD ($)
a
Dec. 31, 2017
Acquisitions        
Purchase price $ 12.2 $ 65.0 $ 4.5  
Area of land acquired | a 2 21.75 2  
Net rentable space | ft²   611,000    
Amount received in accordance with the purchase and sale agreement $ 0.3      
Amount received in accordance with the purchase adn sale agreement, period       6 months
XML 61 R45.htm IDEA: XBRL DOCUMENT v3.8.0.1
Acquired Intangible Assets and Liabilities (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Acquired Intangible Assets and Liabilities      
New intangible assets added   $ 7,500  
New intangible liabilities added   $ 400  
Weighted average life of intangible assets   4 years 3 months 18 days  
Weighted average life of intangible liabilities   5 years 8 months 12 days  
Lease contracts above-market value $ 714 $ 2,080  
Accumulated amortization (532) (1,698)  
Lease contracts above-market value, net 182 382  
Lease contracts below-market value 9,102 9,731  
Accumulated amortization (5,608) (5,439)  
Lease contracts below-market value, net 3,494 4,292  
Other identified intangible assets 14,174 20,218  
Accumulated amortization (8,053) (10,687)  
Other identified intangible assets, net 6,121 9,531  
Amortization of above and below Market Leases 600 500 $ 500
Accumulated amortization of below-market lease 5,608 5,439  
Estimated amortization of acquired below-market leases, net of acquired above-market leases      
2018 456    
2019 236    
2020 241    
2021 234    
2022 208    
Thereafter 1,937    
Total 3,312    
Estimated amortization of all other identified intangible assets      
2018 1,931    
2019 1,481    
2020 897    
2021 856    
2022 705    
Thereafter 251    
Total 6,121    
Other Intangible Assets [Member]      
Acquired Intangible Assets and Liabilities      
Amortization of intangible assets $ 3,400 $ 2,000 $ 2,000
XML 62 R46.htm IDEA: XBRL DOCUMENT v3.8.0.1
Investment in Real Estate (Details)
$ in Thousands
3 Months Ended 12 Months Ended
Aug. 29, 2017
USD ($)
a
Feb. 23, 2017
ft²
Dec. 31, 2017
USD ($)
Dec. 31, 2015
USD ($)
Jan. 31, 2018
a
Dec. 31, 2016
USD ($)
Nov. 10, 2016
a
Investment in Real Estate              
Land     $ 97,258     $ 100,258  
Buildings and Improvements     1,561,056     1,472,580  
Construction in progress     162,903     $ 70,738  
Total investments in real estate     $ 1,821,217        
Gain (loss) on real estate disposal       $ 36      
Amount received in accordance with the purchase and sale agreement $ 300            
Amount received in accordance with the purchase adn sale agreement, period     6 months        
Area of land | a 2       2   21.75
Boston              
Investment in Real Estate              
Land     $ 5,154        
Buildings and Improvements     106,317        
Construction in progress     28        
Total investments in real estate     111,499        
Chicago              
Investment in Real Estate              
Land     5,493        
Buildings and Improvements     101,798        
Construction in progress     10,470        
Total investments in real estate     117,761        
Denver              
Investment in Real Estate              
Buildings and Improvements     19,193        
Construction in progress     187        
Total investments in real estate     19,380        
Los Angeles              
Investment in Real Estate              
Land     28,467        
Buildings and Improvements     273,000        
Construction in progress     44,503        
Total investments in real estate     345,970        
Miami              
Investment in Real Estate              
Land     728        
Buildings and Improvements     11,612        
Construction in progress     28        
Total investments in real estate     12,368        
New York              
Investment in Real Estate              
Land     2,388        
Buildings and Improvements     132,413        
Construction in progress     41,195        
Total investments in real estate     175,996        
Northern Virginia              
Investment in Real Estate              
Land     23,642        
Buildings and Improvements     300,329        
Construction in progress     50,336        
Total investments in real estate     374,307        
San Francisco Bay              
Investment in Real Estate              
Land     31,386        
Buildings and Improvements     616,394        
Construction in progress     16,156        
Total investments in real estate     $ 663,936        
SV8 Santa Clara CA              
Investment in Real Estate              
Real estate value of acquired land and a vacant building $ 12,200            
Area of land | a 2            
Cash from seller $ 300            
DC2 Washington DC              
Investment in Real Estate              
Length of lease   10 years          
Net leased space | ft²   25,000          
XML 63 R47.htm IDEA: XBRL DOCUMENT v3.8.0.1
Other Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Other Assets.    
Deferred rent receivable $ 40,038 $ 36,393
Deferred leasing costs 29,979 33,121
Internal-use software 17,477 14,440
Prepaid expense 6,770 4,390
Corporate furniture, fixtures and equipment 6,408 5,356
Deferred financing costs - revolving credit facility 957 1,604
Other 1,872 1,068
Total 103,501 $ 96,372
Estimated amortization of deferred leasing costs    
2018 13,845  
2019 8,194  
2020 3,900  
2021 1,560  
2022 1,019  
Thereafter $ 1,461  
XML 64 R48.htm IDEA: XBRL DOCUMENT v3.8.0.1
Leases (Detail)
$ in Thousands
Dec. 31, 2017
USD ($)
Future minimum lease payments to be received under noncancelable leases  
2018 $ 237,706
2019 174,763
2020 120,834
2021 92,684
2022 68,259
Thereafter 161,525
Total 855,771
Operating leases  
2018 21,264
2019 22,491
2020 22,928
2021 22,676
2022 15,550
Thereafter 11,874
Total $ 116,783
XML 65 R49.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Summary of Debt (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Apr. 09, 2015
Debt      
Interest rate as of reporting date (as a percent)     2.93%
Total principal outstanding $ 944,500 $ 694,000  
Unamortized deferred financing costs (4,930) (3,550)  
Total debt $ 939,570 $ 690,450  
Revolving Credit Facility      
Debt      
Interest rate as of reporting date (as a percent) 3.11% 2.32%  
Total principal outstanding $ 169,500 $ 194,000  
2020 Senior Unsecured Term Loan      
Debt      
Interest rate as of reporting date (as a percent) 3.00% 2.60%  
Total principal outstanding $ 150,000 $ 150,000  
2021 Senior Unsecured Term Loan      
Debt      
Interest rate as of reporting date (as a percent) 3.06% 2.27%  
Total principal outstanding $ 100,000 $ 100,000  
2022 Senior Unsecured Term Loan      
Debt      
Interest rate as of reporting date (as a percent) 3.04% 3.23%  
Total principal outstanding $ 200,000 $ 100,000  
2023 Senior Unsecured Term Loan      
Debt      
Interest rate as of reporting date (as a percent) 4.19% 4.19%  
Total principal outstanding $ 150,000 $ 150,000  
2024 Senior Unsecured Term Loan      
Debt      
Interest rate as of reporting date (as a percent) 3.91%    
Total principal outstanding $ 175,000    
Operating partnership | 2019 Senior Unsecured Term Loan | Interest Rate Swap      
Debt      
Percentage of debt hedged   25.00%  
Operating partnership | 2020 Senior Unsecured Term Loan | Interest Rate Swap      
Debt      
Interest rate as of reporting date (as a percent) 2.93%    
Amount of debt hedged $ 75,000    
Percentage of debt hedged 50.00%    
Operating partnership | 2022 Senior Unsecured Term Loan      
Debt      
Interest rate as of reporting date (as a percent) 2.98%    
Amount of debt not hedged $ 150,000    
Operating partnership | 2022 Senior Unsecured Term Loan | Interest Rate Swap      
Debt      
Amount of debt hedged $ 50,000    
XML 66 R50.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Revolving Credit Facility (Details)
$ in Thousands
12 Months Ended
Feb. 02, 2016
USD ($)
Jun. 24, 2015
USD ($)
item
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Debt        
Total principal outstanding     $ 944,500 $ 694,000
Revolving Credit Facility        
Debt        
Total principal outstanding     169,500 194,000
Maximum borrowing capacity     350,000  
Borrowed and outstanding     169,500  
Letters of credit outstanding     4,900  
Amount available for borrowing under the facility     $ 175,600  
Leverage ratio (as a percent)     26.70%  
Revolving Credit Facility | LIBOR        
Debt        
Interest rate margin (as a percent)     1.55%  
Reference rate     LIBOR  
Revolving Credit Facility | LIBOR | Minimum        
Debt        
Interest rate margin (as a percent)     1.55%  
Revolving Credit Facility | LIBOR | Maximum        
Debt        
Interest rate margin (as a percent)     2.25%  
Revolving Credit Facility | Base Rate        
Debt        
Reference rate     base rate  
Revolving Credit Facility | Base Rate | Minimum        
Debt        
Interest rate margin (as a percent)     0.55%  
Revolving Credit Facility | Base Rate | Maximum        
Debt        
Interest rate margin (as a percent)     1.25%  
Credit Agreement        
Debt        
Number of options available for extensions | item   1    
Extension fee (as a percent)   0.10%    
Maximum borrowing capacity   $ 600,000    
Maximum borrowing capacity including accordion feature   800,000    
Leverage ratio, Covenant (as a percent)     60.00%  
Secured debt ratio, Covenant (as a percent)     40.00%  
Secured debt ratio (as a percent)     0.00%  
Fixed charge coverage ratio     6.5  
Unhedged variable rate debt ratio, Covenant (as a percent)     30.00%  
Unhedged variable rate debt ratio (as a percent)     13.90%  
Credit Agreement | Minimum        
Debt        
Fixed charge coverage ratio, Covenant     1.7  
Credit Agreement | Revolving Credit Facility        
Debt        
Maximum borrowing capacity   350,000    
Credit Agreement | Senior Unsecured Term Loan        
Debt        
Unsecured term loan   $ 150,000    
2020 Senior Unsecured Term Loan        
Debt        
Total principal outstanding     $ 150,000 150,000
Term of loan facility   5 years    
Unsecured term loan   $ 150,000    
Leverage ratio (as a percent)     26.70%  
2020 Senior Unsecured Term Loan | LIBOR        
Debt        
Interest rate margin (as a percent)     1.50%  
Reference rate     LIBOR  
2020 Senior Unsecured Term Loan | LIBOR | Minimum        
Debt        
Interest rate margin (as a percent)     1.50%  
2020 Senior Unsecured Term Loan | LIBOR | Maximum        
Debt        
Interest rate margin (as a percent)     2.20%  
2020 Senior Unsecured Term Loan | Base Rate        
Debt        
Reference rate     base rate  
2020 Senior Unsecured Term Loan | Base Rate | Minimum        
Debt        
Interest rate margin (as a percent)     0.50%  
2020 Senior Unsecured Term Loan | Base Rate | Maximum        
Debt        
Interest rate margin (as a percent)     1.20%  
2021 Senior Unsecured Term Loan        
Debt        
Total principal outstanding     $ 100,000 $ 100,000
Term of loan facility 5 years      
Unsecured term loan $ 100,000      
Leverage ratio (as a percent)     26.70%  
2021 Senior Unsecured Term Loan | LIBOR        
Debt        
Interest rate margin (as a percent)     1.50%  
Reference rate     LIBOR  
2021 Senior Unsecured Term Loan | LIBOR | Minimum        
Debt        
Interest rate margin (as a percent)     1.50%  
2021 Senior Unsecured Term Loan | LIBOR | Maximum        
Debt        
Interest rate margin (as a percent)     2.20%  
2021 Senior Unsecured Term Loan | Base Rate        
Debt        
Reference rate     base rate  
2021 Senior Unsecured Term Loan | Base Rate | Minimum        
Debt        
Interest rate margin (as a percent)     0.50%  
2021 Senior Unsecured Term Loan | Base Rate | Maximum        
Debt        
Interest rate margin (as a percent)     1.20%  
XML 67 R51.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Unsecured Debt (Details) - USD ($)
$ in Thousands
12 Months Ended
Feb. 02, 2016
Jun. 24, 2015
Jan. 31, 2014
Dec. 31, 2017
Apr. 20, 2017
Apr. 19, 2017
Dec. 31, 2016
Jun. 15, 2016
Apr. 09, 2015
Debt                  
Total principal outstanding       $ 944,500     $ 694,000    
Debt Instrument, Interest Rate at Period End                 2.93%
2019 Senior Unsecured Term Loan                  
Debt                  
Unsecured term loan     $ 100,000            
Term of loan facility     5 years            
Accordion feature     $ 100,000            
Increase in accordion feature borrowing capacity     $ 200,000            
2020 Senior Unsecured Term Loan                  
Debt                  
Total principal outstanding       $ 150,000     $ 150,000    
Debt Instrument, Interest Rate at Period End       3.00%     2.60%    
Unsecured term loan   $ 150,000              
Term of loan facility   5 years              
Leverage ratio (as a percent)       26.70%          
2020 Senior Unsecured Term Loan | LIBOR                  
Debt                  
Reference rate       LIBOR          
Interest rate margin (as a percent)       1.50%          
2020 Senior Unsecured Term Loan | LIBOR | Minimum                  
Debt                  
Interest rate margin (as a percent)       1.50%          
2020 Senior Unsecured Term Loan | LIBOR | Maximum                  
Debt                  
Interest rate margin (as a percent)       2.20%          
2020 Senior Unsecured Term Loan | Base Rate                  
Debt                  
Reference rate       base rate          
2020 Senior Unsecured Term Loan | Base Rate | Minimum                  
Debt                  
Interest rate margin (as a percent)       0.50%          
2020 Senior Unsecured Term Loan | Base Rate | Maximum                  
Debt                  
Interest rate margin (as a percent)       1.20%          
2020 Senior Unsecured Term Loan | Senior Unsecured Term Loan                  
Debt                  
Aggregate principal amount       $ 75,000          
2021 Senior Unsecured Term Loan                  
Debt                  
Total principal outstanding       $ 100,000     $ 100,000    
Debt Instrument, Interest Rate at Period End       3.06%     2.27%    
Unsecured term loan $ 100,000                
Term of loan facility 5 years                
Leverage ratio (as a percent)       26.70%          
2021 Senior Unsecured Term Loan | LIBOR                  
Debt                  
Reference rate       LIBOR          
Interest rate margin (as a percent)       1.50%          
2021 Senior Unsecured Term Loan | LIBOR | Minimum                  
Debt                  
Interest rate margin (as a percent)       1.50%          
2021 Senior Unsecured Term Loan | LIBOR | Maximum                  
Debt                  
Interest rate margin (as a percent)       2.20%          
2021 Senior Unsecured Term Loan | Base Rate                  
Debt                  
Reference rate       base rate          
2021 Senior Unsecured Term Loan | Base Rate | Minimum                  
Debt                  
Interest rate margin (as a percent)       0.50%          
2021 Senior Unsecured Term Loan | Base Rate | Maximum                  
Debt                  
Interest rate margin (as a percent)       1.20%          
2022 Senior Unsecured Term Loan                  
Debt                  
Total principal outstanding       $ 200,000     $ 100,000    
Debt Instrument, Interest Rate at Period End       3.04%     3.23%    
Unsecured term loan           $ 200,000      
Increase in accordion feature borrowing capacity           $ 300,000      
Leverage ratio (as a percent)       26.70%          
2022 Senior Unsecured Term Loan | LIBOR | Minimum                  
Debt                  
Interest rate margin (as a percent)       1.50%          
2022 Senior Unsecured Term Loan | LIBOR | Maximum                  
Debt                  
Interest rate margin (as a percent)       2.10%          
2022 Senior Unsecured Term Loan | Base Rate | Minimum                  
Debt                  
Interest rate margin (as a percent)       50.00%          
2022 Senior Unsecured Term Loan | Base Rate | Maximum                  
Debt                  
Interest rate margin (as a percent)       1.10%          
2023 Senior Unsecured Term Loan                  
Debt                  
Total principal outstanding       $ 150,000     $ 150,000    
Debt Instrument, Interest Rate at Period End       4.19%     4.19%    
Aggregate principal amount               $ 150,000  
Stated interest rate               4.19%  
Percentage of term notes that may be prepaid               100.00%  
Percentage of term notes that holders have right to purchase in cash               100.00%  
Percentage of term notes that holders may redeem for cash               100.00%  
2024 Senior Unsecured Term Loan                  
Debt                  
Total principal outstanding       $ 175,000          
Debt Instrument, Interest Rate at Period End       3.91%          
Aggregate principal amount         $ 175,000        
Stated interest rate         3.91%        
Percentage of term notes that may be prepaid         100.00%        
Percentage of term notes that holders have right to purchase in cash         100.00%        
Percentage of term notes that holders may redeem for cash         100.00%        
Operating partnership | 2022 Senior Unsecured Term Loan                  
Debt                  
Debt Instrument, Interest Rate at Period End       2.98%          
XML 68 R52.htm IDEA: XBRL DOCUMENT v3.8.0.1
Debt - Maturities (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Debt maturities    
2019 $ 169,500  
2020 150,000  
2021 100,000  
2022 200,000  
Thereafter 325,000  
Total principal outstanding 944,500 $ 694,000
Unamortized deferred financing costs (4,930) (3,550)
Total debt $ 939,570 $ 690,450
XML 69 R53.htm IDEA: XBRL DOCUMENT v3.8.0.1
Derivatives and Hedging Activities (Details) - USD ($)
$ in Thousands
12 Months Ended
Jan. 01, 2018
Apr. 21, 2017
Apr. 09, 2015
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Apr. 20, 2018
Feb. 03, 2014
Derivative instruments and hedging activities disclosures                  
Amount of gain (loss) recorded in accumulated other comprehensive income       $ 580 $ (1,112) $ (2,426)      
Cash Flow Hedging                  
Derivative instruments and hedging activities disclosures                  
Earnings related to derivatives due to hedge ineffectiveness         0 0 $ 0    
Interest Rate Swap | Designated as Hedging Instrument | Cash Flow Hedging                  
Derivative instruments and hedging activities disclosures                  
Amount borrowed under term loan or revolving credit facility     $ 75,000         $ 50,000 $ 100,000
Term of loan facility     5 years            
Derivative, Fixed Interest Rate     2.93%         2.98%  
Interest rate swap terminated   $ 50,000              
Amount of gain (loss) recorded in accumulated other comprehensive income       600 1,100 2,400      
Amount reclassified to interest expense       600 1,700 $ 1,900      
Amount recognized in unearned revenue, prepaid rent and other liabilities       0 400        
Derivative asset recognized in other assets       $ 1,100 $ 300        
Interest Rate Swap | Designated as Hedging Instrument | Cash Flow Hedging | Forecast                  
Derivative instruments and hedging activities disclosures                  
Amount estimated to be reclassified as an increase to interest expense $ 300                
LIBOR | Interest Rate Swap | Designated as Hedging Instrument | Cash Flow Hedging                  
Derivative instruments and hedging activities disclosures                  
Reference rate     one-month LIBOR            
XML 70 R54.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity (Details) - USD ($)
12 Months Ended
Dec. 12, 2017
Dec. 12, 2012
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Stockholders' Equity          
Stock authorized to be issued (in shares)     120,000,000    
Common stock, shares authorized     100,000,000 100,000,000  
Preferred stock authorized to be issued (in shares)     20,000,000 20,000,000  
Common Stock, shares issued     34,240,815 33,896,771  
Common Stock, shares outstanding     34,240,815 33,896,771  
Number of Operating Partnership Units (in shares)     47,662,600 47,227,915  
Series A Cumulative Preferred Stock, shares issued     0 4,600,000  
Redemption of preferred stock     $ 115,000,000    
Proceeds from exercise of stock options     $ 4,820,000 $ 1,290,000 $ 1,393,000
Series A Cumulative Preferred Stock, dividend rate (as a percent)     7.25% 7.25%  
Series A Cumulative Preferred Stock, liquidation preference (in dollars per share)     $ 25.00 $ 25.00  
2010 Plan          
Stockholders' Equity          
Amount of shares of common stock issued under the plan     $ 329,033 $ 239,068 393,337
Proceeds from exercise of stock options     $ 4,800,000 $ 1,300,000  
Payments made for exercise of stock options         $ (2,900,000)
Operating partnership          
Stockholders' Equity          
Common Operating Partnership units redeemed for common stock (in shares)     15,011 7,000  
Redemption of noncontrolling interests (in shares)       3,000,000 8,500,000
Series A Cumulative Redeemable Preferred Stock          
Stockholders' Equity          
Accrued and unpaid dividends (in dollars per share) $ 0.292014        
Series A Cumulative Preferred Stock, shares issued   4,600,000      
Net Proceeds from issuance of preferred stock   $ 110,600,000      
Cumulative dividends each year on preferred stock (in dollars per share)   $ 1.8125      
Redemption price of preferred stock (in dollars per share) $ 25.00        
Preferred stock redeemed (in shares) 4,600,000        
Total price per share $ 25.292014        
Redemption of preferred stock $ 116,300,000        
Series A Cumulative Preferred Stock, dividend rate (as a percent)   7.25%      
Series A Cumulative Preferred Stock, liquidation preference (in dollars per share)   $ 25.00      
XML 71 R55.htm IDEA: XBRL DOCUMENT v3.8.0.1
Stockholders' Equity - Dividends (Details) - $ / shares
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Jan. 31, 2018
Jan. 31, 2017
Jan. 31, 2016
Dec. 31, 2015
Subsequent Event            
Dividends            
Ordinary dividend paid (in dollars per share)     $ 0.98      
Minimum            
Dividends            
Common stock distributions as percentage of REIT taxable income 90.00%          
Common stock distributions as percentage of net income (after tax), from foreclosure property 90.00%          
Common Stock            
Dividends            
Ordinary income (in dollars per share) $ 2.13 $ 2.36       $ 1.70
Return of capital 0.91          
Total dividend (in dollars per share) 3.04 2.36       1.70
Dividend declared taxable 0.44 0.41        
Ordinary dividend paid (in dollars per share)       $ 0.80 $ 0.53  
Preferred Stock            
Dividends            
Ordinary income (in dollars per share) 1.36 1.81       1.81
Total dividend (in dollars per share) $ 1.36 $ 1.81       $ 1.81
Ordinary dividend paid (in dollars per share)       $ 0.45 $ 0.45  
XML 72 R56.htm IDEA: XBRL DOCUMENT v3.8.0.1
Noncontrolling Interests - Operating Partnership (Details)
$ / shares in Units, $ in Thousands
12 Months Ended
Dec. 29, 2017
$ / shares
Sep. 29, 2017
$ / shares
Jun. 30, 2017
$ / shares
Mar. 31, 2017
$ / shares
Dec. 31, 2017
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
shares
Dec. 31, 2015
USD ($)
shares
Noncontrolling Interests - Operating Partnership              
Conversion ratio for common operating partnership units         1    
Series A Cumulative Preferred Stock, dividend rate (as a percent)         7.25% 7.25%  
Number of Operating Partnership Units (in shares)         47,662,600 47,227,915  
Percentage of Total         100.00% 100.00%  
Shares of common stock issued related to employee compensation arrangements         449,696    
Coresite Realty Corporation              
Noncontrolling Interests - Operating Partnership              
Number of Operating Partnership Units (in shares)         33,826,264 33,376,568  
Percentage of Total         71.00% 70.70%  
Noncontrolling Interests              
Noncontrolling Interests - Operating Partnership              
Number of Operating Partnership Units (in shares)         13,836,336 13,851,347  
Percentage of Total         29.00% 29.30%  
Reduction to noncontrolling interests in the Operating Partnership and an increase to common stock and additional paid in capital | $         $ 167 $ 37,374 $ 110,180
Operating partnership              
Noncontrolling Interests - Operating Partnership              
Percentage of Total         71.00%    
Percentage of Total         29.00%    
Quarterly distributions will receive by holders of operating partnership units (in dollars per unit) | $ / shares $ 0.98 $ 0.90 $ 0.90 $ 0.80      
Common Operating Partnership units redeemed for common stock (in shares)         15,011 7,000  
Redemption of noncontrolling interests (in shares)           3,000,000 8,500,000
Reduction to noncontrolling interests in the Operating Partnership and an increase to common stock and additional paid in capital | $         $ 200 $ 37,400 $ 110,200
Operating partnership | Carlyle Group              
Noncontrolling Interests - Operating Partnership              
Common Operating Partnership units redeemed for common stock (in shares)           3,000,000 8,500,000
Operating partnership | Noncontrolling Interests              
Noncontrolling Interests - Operating Partnership              
Common Operating Partnership units redeemed for common stock (in shares)         15,011 3,007,000 8,500,000
Redemption of noncontrolling interests (in shares)         15,011 3,007,000 8,500,000
Redemption value of the noncontrolling interests | $         $ 1,600,000    
Closing price of the Company's stock (in dollars per share) | $ / shares         $ 113.90    
XML 73 R57.htm IDEA: XBRL DOCUMENT v3.8.0.1
Equity Incentive Award Plan (Details) - USD ($)
$ / shares in Units, $ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Equity Incentive Plan        
Shares of common stock reserved for issuance 6,000,000      
Shares of common stock that were available for issuance 3,048,508      
Stock Options        
Number of Shares Subject to Option        
Options outstanding at the beginning of the period (in shares) 265,550 340,210 758,095  
Exercised (in shares) (197,761) (74,660) (410,322)  
Forfeited (in shares)     (7,281)  
Expired (in shares)     (282)  
Options outstanding at the end of the period (in shares) 67,789 265,550 340,210 758,095
Exercisable at the end of the period (in shares) 67,789 249,227 234,943  
Number of Shares Subject to Option        
Unvested balance at the beginning of the period (in shares) 16,323 105,267 283,964  
Forfeited (in shares)     (7,281)  
Vested (in shares) (16,323) (88,944) (171,416)  
Unvested balance at the end of the period (in shares)   16,323 105,267 283,964
Weighted Average Fair Value at Grant        
Unvested balance at the beginning of the period (in dollars per share) $ 9.99 $ 9.13 $ 7.75  
Forfeited (in dollars per share)     8.48  
Vested (in dollars per share) $ 9.99 8.97 6.86  
Unvested balance at the end of the period (in dollars per share)   $ 9.99 $ 9.13 $ 7.75
Weighted Average Remaining Contractual Term        
Options outstanding at the end of the period 3 years 4 months 24 days 5 years 5 years 9 months 18 days 6 years 8 months 12 days
Exercisable at the end of the period 3 years 4 months 24 days 4 years 10 months 24 days 5 years 4 months 24 days  
Aggregate Intrinsic Value        
Exercised $ 13.3 $ 3.8 $ 12.0  
Outstanding at the end of the period   15.0 11.9 $ 13.7
Exercisable at the end of the period $ 6.4 $ 14.2 $ 9.0  
Stock Options | Weighted Average        
Weighted Average Exercise Price        
Options outstanding at the beginning of the period (in dollars per share) $ 22.96 $ 21.77 $ 20.94  
Exercised (in dollars per share) 24.37 17.27 20.15  
Forfeited (in dollars per share)     27.53  
Expired (in dollars per share)     15.23  
Options outstanding at the end of the period (in dollars per share) 19.12 22.96 21.77 $ 20.94
Exercisable at the end of the period (in dollars per share) $ 19.12 $ 22.29 $ 18.47  
Restricted Awards        
Restricted Awards and PSA's        
Unvested balance at the beginning of the period (in shares) 323,641 377,612 394,016  
Granted (in shares) 139,788 182,628 187,644  
Forfeited (in shares) (34,020) (37,383) (34,788)  
Vested (in shares) (139,566) (199,216) (169,260)  
Unvested balance at the end of the period (in shares) 289,843 323,641 377,612 394,016
Weighted Average Fair Value at Grant        
Unvested balance at the beginning of the period (in dollars per share) $ 53.84 $ 38.51 $ 29.10  
Granted (in dollars per share) 85.79 66.69 47.41  
Forfeited (in dollars per share) 64.00 53.87 36.06  
Vested (in dollars per share) 44.31 36.57 26.96  
Unvested balance at the end of the period (in dollars per share) $ 70.71 53.84 38.51 $ 29.10
Compensation cost not yet recognized        
Unearned compensation $ 14.4      
Restricted Awards | Weighted Average        
Compensation cost not yet recognized        
Vesting period 2 years 4 months 24 days      
PSAs        
Weighted Average Fair Value at Grant        
Unvested balance at the beginning of the period (in dollars per share) $ 54.24 42.78 25.89  
Granted (in dollars per share) 105.50 84.78 61.22  
Forfeited (in dollars per share) 79.09 69.12 43.38  
Vested (in dollars per share) 25.89 42.17 25.89  
Unvested balance at the end of the period (in dollars per share) $ 84.63 $ 54.24 $ 42.78 $ 25.89
Compensation cost not yet recognized        
Unearned compensation $ 3.3      
Assumptions used to value the stock options granted        
Expected term 2 years 9 months 22 days 2 years 9 months 29 days 2 years 9 months 29 days  
Expected volatility (as a percent) 23.33% 25.29% 25.51%  
Risk-free rate (as a percent) 1.60% 0.97% 1.02%  
PSAs | 2010 Plan        
Assumptions used to value the stock options granted        
Performance period 3 years      
PSAs | Weighted Average        
Compensation cost not yet recognized        
Vesting period 1 year 9 months 18 days      
PSAs | Minimum        
Restricted Awards and PSA's        
Unvested balance at the beginning of the period (in shares) 44,835 19,151    
Granted (in shares) 7,210 11,796 11,222  
Performance adjustment 62,841 29,256 9,981  
Forfeited (in shares) (5,674) (13,474) (1,458)  
Vested (in shares) (70,518) (1,894) (594)  
Unvested balance at the end of the period (in shares) 38,694 44,835 19,151  
PSAs | Minimum | 2010 Plan        
Compensation cost not yet recognized        
Percentage of target number of shares for PSAs granted in years 2015, 2016 and 2017 25.00%      
PSAs | Maximum        
Restricted Awards and PSA's        
Unvested balance at the beginning of the period (in shares) 167,725 142,963 85,851  
Granted (in shares) 50,472 82,572 78,553  
Performance adjustment     (7,190)  
Forfeited (in shares) (16,836) (55,916) (13,657)  
Vested (in shares) (70,518) (1,894) (594)  
Unvested balance at the end of the period (in shares) 130,843 167,725 142,963 85,851
PSAs | Maximum | 2010 Plan        
Compensation cost not yet recognized        
Percentage of target number of shares for PSAs granted in years 2015, 2016 and 2017 175.00%      
PSAs | Target        
Restricted Awards and PSA's        
Unvested balance at the beginning of the period (in shares) 113,976 91,488 57,233  
Granted (in shares) 28,841 47,184 44,886  
Performance adjustment 23,725 11,893 (1,465)  
Forfeited (in shares) (11,255) (34,695) (8,572)  
Vested (in shares) (70,518) (1,894) (594)  
Unvested balance at the end of the period (in shares) 84,769 113,976 91,488 57,233
XML 74 R58.htm IDEA: XBRL DOCUMENT v3.8.0.1
Earnings Per Share (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Earnings Per Share                      
Net income attributable to common shares $ 14,912 $ 15,758 $ 15,643 $ 16,292 $ 14,895 $ 12,180 $ 12,035 $ 11,261 $ 62,605 $ 50,371 $ 26,368
Weighted-average common shares outstanding - basic                 33,792,759 32,289,414 25,218,500
Effect of potentially dilutive common shares:                      
Stock options                 88,399 192,464 302,264
Unvested awards                 177,791 250,181 185,804
Weighted-average common shares outstanding - diluted                 34,058,949 32,732,059 25,706,568
Net income per share attributable to common shares                      
Basic (in dollars per share) $ 0.44 $ 0.47 $ 0.46 $ 0.49 $ 0.45 $ 0.36 $ 0.38 $ 0.37 $ 1.85 $ 1.56 $ 1.05
Diluted (in dollars per share) $ 0.44 $ 0.46 $ 0.46 $ 0.48 $ 0.44 $ 0.36 $ 0.37 $ 0.37 $ 1.84 $ 1.54 $ 1.03
Weighted-average potentially dilutive securities excluded in calculation of basic and diluted income (loss) per share                 24,961 29,618 117,048
XML 75 R59.htm IDEA: XBRL DOCUMENT v3.8.0.1
Employee Benefit Plans (Details) - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Employee Benefit Plan      
Months of service required in order to receive employer contribution 6 months    
Safe harbor contribution as a percentage of employee gross pay (as a percent) 3.00%    
Company contributions under certain 401(k) savings plans $ 1.1 $ 0.9 $ 0.8
XML 76 R60.htm IDEA: XBRL DOCUMENT v3.8.0.1
Estimated Fair Value of Financial Instruments (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Estimated Fair Value of Financial Instruments    
Total principal outstanding $ 944,500 $ 694,000
Significant Unobservable Inputs (Level 3)    
Estimated Fair Value of Financial Instruments    
Fair value of debt $ 946,600 $ 673,000
XML 77 R61.htm IDEA: XBRL DOCUMENT v3.8.0.1
Commitments and Contingencies (Details) - USD ($)
12 Months Ended
Dec. 12, 2017
Jul. 23, 2015
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Commitments and Contingencies          
Settllement amount $ 600,000        
Maximum          
Commitments and Contingencies          
Accrued Litigation Liability         $ 2,500,000
Telecommunications Capacity          
Commitments and Contingencies          
Open commitments       $ 103,700,000  
Telecommunications Capacity | Forecast          
Commitments and Contingencies          
Open commitments met     $ 7,000,000    
Construction Contracts          
Commitments and Contingencies          
Open commitments       113,000,000  
Damages Related To Services Rendered          
Commitments and Contingencies          
Loss Contingency, Damages Sought   $ 802,564      
Damages For Loss Of Revenue And Other Costs          
Commitments and Contingencies          
Alleged losses   $70,080,000      
Pending Litigation | Minimum          
Commitments and Contingencies          
Accrued Litigation Liability       0  
Pending Litigation | Maximum          
Commitments and Contingencies          
Accrued Litigation Liability       2,500,000  
Pending Litigation | Accounts Payable and Accrued Expenses          
Commitments and Contingencies          
Accrued Litigation Liability       $ 2,300,000  
XML 78 R62.htm IDEA: XBRL DOCUMENT v3.8.0.1
Quarterly Financial Information (unaudited) (Details) - USD ($)
$ / shares in Units, $ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2017
Sep. 30, 2017
Jun. 30, 2017
Mar. 31, 2017
Dec. 31, 2016
Sep. 30, 2016
Jun. 30, 2016
Mar. 31, 2016
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Quarterly Financial Information (unaudited)                      
Revenue $ 125,946 $ 123,068 $ 117,886 $ 114,921 $ 110,508 $ 101,274 $ 96,090 $ 92,480 $ 481,821 $ 400,352 $ 333,292
Operating income 33,667 30,799 30,082 30,264 27,933 22,505 22,558 21,621 124,812 94,617 64,084
Net income 27,008 24,288 24,135 25,060 23,161 19,319 19,835 19,606 100,491 81,921 56,859
Net income attributable to common shares $ 14,912 $ 15,758 $ 15,643 $ 16,292 $ 14,895 $ 12,180 $ 12,035 $ 11,261 $ 62,605 $ 50,371 $ 26,368
Net income per share attributable to common shares - basic (in dollars per share) $ 0.44 $ 0.47 $ 0.46 $ 0.49 $ 0.45 $ 0.36 $ 0.38 $ 0.37 $ 1.85 $ 1.56 $ 1.05
Net income per share attributable to common shares - diluted (in dollars per share) $ 0.44 $ 0.46 $ 0.46 $ 0.48 $ 0.44 $ 0.36 $ 0.37 $ 0.37 $ 1.84 $ 1.54 $ 1.03
XML 79 R63.htm IDEA: XBRL DOCUMENT v3.8.0.1
Schedule III Real Estate and Accumulated Depreciation - Assets (Details) - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Initial Cost        
Land $ 116,047      
Building and Improvements 424,905      
Costs Capitalized Subsequent to Acquisition 1,280,265      
Gross Amount Carried As of Year End        
Land 97,258      
Building and Improvements 1,723,959      
Total 1,821,217 $ 1,643,576 $ 1,295,135 $ 1,146,548
Accumulated Depreciation 473,141 $ 369,303 $ 284,219 $ 215,978
Aggregate cost of the total properties for federal income tax purposes 1,706,100      
BO1 Somerville MA        
Initial Cost        
Land 6,100      
Building and Improvements 26,748      
Costs Capitalized Subsequent to Acquisition 78,651      
Gross Amount Carried As of Year End        
Land 5,154      
Building and Improvements 106,345      
Total 111,499      
Accumulated Depreciation 51,570      
CH1 Chicago IL        
Initial Cost        
Land 5,493      
Building and Improvements 49,522      
Costs Capitalized Subsequent to Acquisition 62,746      
Gross Amount Carried As of Year End        
Land 5,493      
Building and Improvements 112,268      
Total 117,761      
Accumulated Depreciation 36,057      
DC1 Washington DC        
Initial Cost        
Building and Improvements 4,797      
Costs Capitalized Subsequent to Acquisition 4,491      
Gross Amount Carried As of Year End        
Building and Improvements 9,288      
Total 9,288      
Accumulated Depreciation 5,861      
DC2 Washington DC        
Initial Cost        
Costs Capitalized Subsequent to Acquisition 4,405      
Gross Amount Carried As of Year End        
Building and Improvements 4,405      
Total 4,405      
DE1 Denver CO        
Initial Cost        
Building and Improvements 37      
Costs Capitalized Subsequent to Acquisition 17,676      
Gross Amount Carried As of Year End        
Building and Improvements 17,713      
Total 17,713      
Accumulated Depreciation 2,637      
DE2 Denver CO        
Initial Cost        
Building and Improvements 4      
Costs Capitalized Subsequent to Acquisition 1,663      
Gross Amount Carried As of Year End        
Building and Improvements 1,667      
Total 1,667      
Accumulated Depreciation 711      
LA1 Los Angeles CA        
Initial Cost        
Building and Improvements 41,099      
Costs Capitalized Subsequent to Acquisition 38,882      
Gross Amount Carried As of Year End        
Building and Improvements 79,981      
Total 79,981      
Accumulated Depreciation 41,224      
LA2 Los Angeles CA        
Initial Cost        
Land 28,467      
Building and Improvements 94,114      
Costs Capitalized Subsequent to Acquisition 143,408      
Gross Amount Carried As of Year End        
Land 28,467      
Building and Improvements 237,522      
Total 265,989      
Accumulated Depreciation 54,603      
MI1 Miami FL        
Initial Cost        
Land 728      
Building and Improvements 9,325      
Costs Capitalized Subsequent to Acquisition 2,315      
Gross Amount Carried As of Year End        
Land 728      
Building and Improvements 11,640      
Total 12,368      
Accumulated Depreciation 3,388      
NY1 New York NY        
Initial Cost        
Costs Capitalized Subsequent to Acquisition 38,008      
Gross Amount Carried As of Year End        
Building and Improvements 38,008      
Total 38,008      
Accumulated Depreciation 22,355      
NY2 Secaucus NJ        
Initial Cost        
Land 4,952      
Building and Improvements 18,408      
Costs Capitalized Subsequent to Acquisition 114,628      
Gross Amount Carried As of Year End        
Land 2,388      
Building and Improvements 135,600      
Total 137,988      
Accumulated Depreciation 21,677      
SV1 San Jose CA        
Initial Cost        
Land 6,863      
Building and Improvements 91,719      
Costs Capitalized Subsequent to Acquisition 41,806      
Gross Amount Carried As of Year End        
Land 6,863      
Building and Improvements 133,525      
Total 140,388      
Accumulated Depreciation 36,235      
SV2 Milpitas CA        
Initial Cost        
Land 5,086      
Building and Improvements 5,046      
Costs Capitalized Subsequent to Acquisition 27,896      
Gross Amount Carried As of Year End        
Land 5,086      
Building and Improvements 32,942      
Total 38,028      
Accumulated Depreciation 19,485      
SV3 Santa Clara CA        
Initial Cost        
Land 4,162      
Building and Improvements 3,482      
Costs Capitalized Subsequent to Acquisition 48,729      
Gross Amount Carried As of Year End        
Land 3,972      
Building and Improvements 52,401      
Total 56,373      
Accumulated Depreciation 34,793      
SV4 Santa Clara CA        
Initial Cost        
Land 4,632      
Building and Improvements 3,716      
Costs Capitalized Subsequent to Acquisition 98,064      
Gross Amount Carried As of Year End        
Land 4,501      
Building and Improvements 101,911      
Total 106,412      
Accumulated Depreciation 38,042      
SV5 Santa Clara CA        
Initial Cost        
Land 2,572      
Costs Capitalized Subsequent to Acquisition 23,577      
Gross Amount Carried As of Year End        
Land 2,544      
Building and Improvements 23,605      
Total 26,149      
Accumulated Depreciation 2,545      
SV6 Santa Clara CA        
Initial Cost        
Land 4,741      
Costs Capitalized Subsequent to Acquisition 36,826      
Gross Amount Carried As of Year End        
Land 4,825      
Building and Improvements 36,742      
Total 41,567      
Accumulated Depreciation 1,533      
SV7 Santa Clara CA        
Initial Cost        
Land 3,793      
Costs Capitalized Subsequent to Acquisition 237,889      
Gross Amount Carried As of Year End        
Land 3,595      
Building and Improvements 238,087      
Total 241,682      
Accumulated Depreciation 16,114      
SV8 Santa Clara CA        
Initial Cost        
Land 12,158      
Costs Capitalized Subsequent to Acquisition 1,179      
Gross Amount Carried As of Year End        
Building and Improvements 13,337      
Total 13,337      
VA1 Reston VA        
Initial Cost        
Land 6,903      
Building and Improvements 32,939      
Costs Capitalized Subsequent to Acquisition 93,068      
Gross Amount Carried As of Year End        
Land 6,903      
Building and Improvements 126,007      
Total 132,910      
Accumulated Depreciation 62,379      
VA2 Reston VA        
Initial Cost        
Land 5,197      
Costs Capitalized Subsequent to Acquisition 132,550      
Gross Amount Carried As of Year End        
Land 5,539      
Building and Improvements 132,208      
Total 137,747      
Accumulated Depreciation 20,870      
Reston Campus Expansion        
Initial Cost        
Land 14,200      
Building and Improvements 43,949      
Costs Capitalized Subsequent to Acquisition 31,808      
Gross Amount Carried As of Year End        
Land 11,200      
Building and Improvements 78,757      
Total 89,957      
Accumulated Depreciation $ 1,062      
XML 80 R64.htm IDEA: XBRL DOCUMENT v3.8.0.1
Schedule III Real Estate and Accumulated Depreciation - Rollforwards (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Property      
Balance, beginning of year $ 1,643,576 $ 1,295,135 $ 1,146,548
Additions - property acquisitions 12,158 58,149  
Additions - improvements 165,483 290,292 148,587
Balance, end of year 1,821,217 1,643,576 1,295,135
Accumulated Depreciation      
Balance, beginning of year 369,303 284,219 215,978
Additions, net of disposals 103,838 85,084 68,241
Balance, end of year $ 473,141 $ 369,303 $ 284,219
EXCEL 81 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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end XML 82 Show.js IDEA: XBRL DOCUMENT /** * Rivet Software Inc. * * @copyright Copyright (c) 2006-2011 Rivet Software, Inc. All rights reserved. * Version 2.4.0.3 * */ var Show = {}; Show.LastAR = null, Show.hideAR = function(){ Show.LastAR.style.display = 'none'; }; Show.showAR = function ( link, id, win ){ if( Show.LastAR ){ Show.hideAR(); } var ref = link; do { ref = ref.nextSibling; } while (ref && ref.nodeName != 'TABLE'); if (!ref || ref.nodeName != 'TABLE') { var tmp = win ? win.document.getElementById(id) : document.getElementById(id); if( tmp ){ ref = tmp.cloneNode(true); ref.id = ''; link.parentNode.appendChild(ref); } } if( ref ){ ref.style.display = 'block'; Show.LastAR = ref; } }; Show.toggleNext = function( link ){ var ref = link; do{ ref = ref.nextSibling; }while( ref.nodeName != 'DIV' ); if( ref.style && ref.style.display && ref.style.display == 'none' ){ ref.style.display = 'block'; if( link.textContent ){ link.textContent = link.textContent.replace( '+', '-' ); }else{ link.innerText = link.innerText.replace( '+', '-' ); } }else{ ref.style.display = 'none'; if( link.textContent ){ link.textContent = link.textContent.replace( '-', '+' ); }else{ link.innerText = link.innerText.replace( '-', '+' ); } } }; XML 83 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 85 FilingSummary.xml IDEA: XBRL DOCUMENT 3.8.0.1 html 284 412 1 false 80 0 false 7 false false R1.htm 00090 - Document - Document and Entity Information Sheet http://www.coresite.com/role/DocumentDocumentAndEntityInformation Document and Entity Information Cover 1 false false R2.htm 00100 - Statement - CONSOLIDATED BALANCE SHEETS Sheet http://www.coresite.com/role/StatementConsolidatedBalanceSheets CONSOLIDATED BALANCE SHEETS Statements 2 false false R3.htm 00105 - Statement - CONSOLIDATED BALANCE SHEETS (Parenthetical) Sheet http://www.coresite.com/role/StatementConsolidatedBalanceSheetsParenthetical CONSOLIDATED BALANCE SHEETS (Parenthetical) Statements 3 false false R4.htm 00200 - Statement - CONSOLIDATED STATEMENTS OF OPERATIONS Sheet http://www.coresite.com/role/StatementConsolidatedStatementsOfOperations CONSOLIDATED STATEMENTS OF OPERATIONS Statements 4 false false R5.htm 00300 - Statement - CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Sheet http://www.coresite.com/role/StatementConsolidatedStatementsOfComprehensiveIncome CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME Statements 5 false false R6.htm 00400 - Statement - CONSOLIDATED STATEMENTS OF EQUITY Sheet http://www.coresite.com/role/StatementConsolidatedStatementsOfEquity CONSOLIDATED STATEMENTS OF EQUITY Statements 6 false false R7.htm 00500 - Statement - CONSOLIDATED STATEMENTS OF CASH FLOWS Sheet http://www.coresite.com/role/StatementConsolidatedStatementsOfCashFlows CONSOLIDATED STATEMENTS OF CASH FLOWS Statements 7 false false R8.htm 10101 - Disclosure - Organization and Description of Business Sheet http://www.coresite.com/role/DisclosureOrganizationAndDescriptionOfBusiness Organization and Description of Business Notes 8 false false R9.htm 10201 - Disclosure - Summary of Significant Accounting Policies Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPolicies Summary of Significant Accounting Policies Notes 9 false false R10.htm 10301 - Disclosure - Acquisitions Sheet http://www.coresite.com/role/DisclosureAcquisitions Acquisitions Notes 10 false false R11.htm 10401 - Disclosure - Acquired Intangible Assets and Liabilities Sheet http://www.coresite.com/role/DisclosureAcquiredIntangibleAssetsAndLiabilities Acquired Intangible Assets and Liabilities Notes 11 false false R12.htm 10501 - Disclosure - Investment in Real Estate Sheet http://www.coresite.com/role/DisclosureInvestmentInRealEstate Investment in Real Estate Notes 12 false false R13.htm 10601 - Disclosure - Other Assets Sheet http://www.coresite.com/role/DisclosureOtherAssets Other Assets Notes 13 false false R14.htm 10701 - Disclosure - Leases Sheet http://www.coresite.com/role/DisclosureLeases Leases Notes 14 false false R15.htm 10801 - Disclosure - Debt Sheet http://www.coresite.com/role/DisclosureDebt Debt Notes 15 false false R16.htm 10901 - Disclosure - Derivatives and Hedging Activities Sheet http://www.coresite.com/role/DisclosureDerivativesAndHedgingActivities Derivatives and Hedging Activities Notes 16 false false R17.htm 11001 - Disclosure - Stockholders' Equity Sheet http://www.coresite.com/role/DisclosureStockholdersEquity Stockholders' Equity Notes 17 false false R18.htm 11101 - Disclosure - Noncontrolling Interests - Operating Partnership Sheet http://www.coresite.com/role/DisclosureNoncontrollingInterestsOperatingPartnership Noncontrolling Interests - Operating Partnership Notes 18 false false R19.htm 11201 - Disclosure - Equity Incentive Award Plan Sheet http://www.coresite.com/role/DisclosureEquityIncentiveAwardPlan Equity Incentive Award Plan Notes 19 false false R20.htm 11301 - Disclosure - Earnings Per Share Sheet http://www.coresite.com/role/DisclosureEarningsPerShare Earnings Per Share Notes 20 false false R21.htm 11401 - Disclosure - Employee Benefit Plan Sheet http://www.coresite.com/role/DisclosureEmployeeBenefitPlan Employee Benefit Plan Notes 21 false false R22.htm 11501 - Disclosure - Estimated Fair Value of Financial Instruments Sheet http://www.coresite.com/role/DisclosureEstimatedFairValueOfFinancialInstruments Estimated Fair Value of Financial Instruments Notes 22 false false R23.htm 11601 - Disclosure - Commitments and Contingencies Sheet http://www.coresite.com/role/DisclosureCommitmentsAndContingencies Commitments and Contingencies Notes 23 false false R24.htm 11701 - Disclosure - Quarterly Financial Information (unaudited) Sheet http://www.coresite.com/role/DisclosureQuarterlyFinancialInformationUnaudited Quarterly Financial Information (unaudited) Notes 24 false false R25.htm 11801 - Disclosure - Schedule III Real Estate and Accumulated Depreciation Sheet http://www.coresite.com/role/DisclosureScheduleIiiRealEstateAndAccumulatedDepreciation Schedule III Real Estate and Accumulated Depreciation Notes 25 false false R26.htm 20202 - Disclosure - Summary of Significant Accounting Policies (Policies) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesPolicies Summary of Significant Accounting Policies (Policies) Policies http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPolicies 26 false false R27.htm 30203 - Disclosure - Summary of Significant Accounting Policies (Tables) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesTables Summary of Significant Accounting Policies (Tables) Tables http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPolicies 27 false false R28.htm 30403 - Disclosure - Acquired Intangible Assets and Liabilities (Tables) Sheet http://www.coresite.com/role/DisclosureAcquiredIntangibleAssetsAndLiabilitiesTables Acquired Intangible Assets and Liabilities (Tables) Tables http://www.coresite.com/role/DisclosureAcquiredIntangibleAssetsAndLiabilities 28 false false R29.htm 30503 - Disclosure - Investment in Real Estate (Tables) Sheet http://www.coresite.com/role/DisclosureInvestmentInRealEstateTables Investment in Real Estate (Tables) Tables http://www.coresite.com/role/DisclosureInvestmentInRealEstate 29 false false R30.htm 30603 - Disclosure - Other Assets (Tables) Sheet http://www.coresite.com/role/DisclosureOtherAssetsTables Other Assets (Tables) Tables http://www.coresite.com/role/DisclosureOtherAssets 30 false false R31.htm 30703 - Disclosure - Leases (Tables) Sheet http://www.coresite.com/role/DisclosureLeasesTables Leases (Tables) Tables http://www.coresite.com/role/DisclosureLeases 31 false false R32.htm 30803 - Disclosure - Debt (Tables) Sheet http://www.coresite.com/role/DisclosureDebtTables Debt (Tables) Tables http://www.coresite.com/role/DisclosureDebt 32 false false R33.htm 31003 - Disclosure - Stockholders' Equity (Tables) Sheet http://www.coresite.com/role/DisclosureStockholdersEquityTables Stockholders' Equity (Tables) Tables http://www.coresite.com/role/DisclosureStockholdersEquity 33 false false R34.htm 31103 - Disclosure - Noncontrolling Interests - Operating Partnership (Tables) Sheet http://www.coresite.com/role/DisclosureNoncontrollingInterestsOperatingPartnershipTables Noncontrolling Interests - Operating Partnership (Tables) Tables http://www.coresite.com/role/DisclosureNoncontrollingInterestsOperatingPartnership 34 false false R35.htm 31203 - Disclosure - Equity Incentive Award Plan (Tables) Sheet http://www.coresite.com/role/DisclosureEquityIncentiveAwardPlanTables Equity Incentive Award Plan (Tables) Tables http://www.coresite.com/role/DisclosureEquityIncentiveAwardPlan 35 false false R36.htm 31303 - Disclosure - Earnings Per Share (Tables) Sheet http://www.coresite.com/role/DisclosureEarningsPerShareTables Earnings Per Share (Tables) Tables http://www.coresite.com/role/DisclosureEarningsPerShare 36 false false R37.htm 31703 - Disclosure - Quarterly Financial Information (unaudited) (Tables) Sheet http://www.coresite.com/role/DisclosureQuarterlyFinancialInformationUnauditedTables Quarterly Financial Information (unaudited) (Tables) Tables http://www.coresite.com/role/DisclosureQuarterlyFinancialInformationUnaudited 37 false false R38.htm 40101 - Disclosure - Organization (Details) Sheet http://www.coresite.com/role/DisclosureOrganizationDetails Organization (Details) Details http://www.coresite.com/role/DisclosureOrganizationAndDescriptionOfBusiness 38 false false R39.htm 40201 - Disclosure - Summary of Significant Accounting Policies (Details) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesDetails Summary of Significant Accounting Policies (Details) Details http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesTables 39 false false R40.htm 40202 - Disclosure - Summary of Significant Accounting Policies - Real Estate (Details) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesRealEstateDetails Summary of Significant Accounting Policies - Real Estate (Details) Details 40 false false R41.htm 40203 - Disclosure - Summary of Significant Accounting Policies - Deferred Costs & Impairment (Details) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesDeferredCostsImpairmentDetails Summary of Significant Accounting Policies - Deferred Costs & Impairment (Details) Details 41 false false R42.htm 40204 - Disclosure - Summary of Significant Accounting Policies - Internal Use Software, RR & IT (Details) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesInternalUseSoftwareRrItDetails Summary of Significant Accounting Policies - Internal Use Software, RR & IT (Details) Details 42 false false R43.htm 40205 - Disclosure - Summary of Significant Accounting Policies - Concentration of Credit Risks & Segment Information (Details) Sheet http://www.coresite.com/role/DisclosureSummaryOfSignificantAccountingPoliciesConcentrationOfCreditRisksSegmentInformationDetails Summary of Significant Accounting Policies - Concentration of Credit Risks & Segment Information (Details) Details 43 false false R44.htm 40301 - Disclosure - Acquisitions (Details) Sheet http://www.coresite.com/role/DisclosureAcquisitionsDetails Acquisitions (Details) Details http://www.coresite.com/role/DisclosureAcquisitions 44 false false R45.htm 40401 - Disclosure - Acquired Intangible Assets and Liabilities (Details) Sheet http://www.coresite.com/role/DisclosureAcquiredIntangibleAssetsAndLiabilitiesDetails Acquired Intangible Assets and Liabilities (Details) Details http://www.coresite.com/role/DisclosureAcquiredIntangibleAssetsAndLiabilitiesTables 45 false false R46.htm 40501 - Disclosure - Investment in Real Estate (Details) Sheet http://www.coresite.com/role/DisclosureInvestmentInRealEstateDetails Investment in Real Estate (Details) Details http://www.coresite.com/role/DisclosureInvestmentInRealEstateTables 46 false false R47.htm 40601 - Disclosure - Other Assets (Details) Sheet http://www.coresite.com/role/DisclosureOtherAssetsDetails Other Assets (Details) Details http://www.coresite.com/role/DisclosureOtherAssetsTables 47 false false R48.htm 40701 - Disclosure - Leases (Detail) Sheet http://www.coresite.com/role/DisclosureLeasesDetail Leases (Detail) Details http://www.coresite.com/role/DisclosureLeasesTables 48 false false R49.htm 40801 - Disclosure - Debt - Summary of Debt (Details) Sheet http://www.coresite.com/role/DisclosureDebtSummaryOfDebtDetails Debt - Summary of Debt (Details) Details 49 false false R50.htm 40802 - Disclosure - Debt - Revolving Credit Facility (Details) Sheet http://www.coresite.com/role/DisclosureDebtRevolvingCreditFacilityDetails Debt - Revolving Credit Facility (Details) Details 50 false false R51.htm 40803 - Disclosure - Debt - Unsecured Debt (Details) Sheet http://www.coresite.com/role/DisclosureDebtUnsecuredDebtDetails Debt - Unsecured Debt (Details) Details 51 false false R52.htm 40804 - Disclosure - Debt - Maturities (Details) Sheet http://www.coresite.com/role/DisclosureDebtMaturitiesDetails Debt - Maturities (Details) Details 52 false false R53.htm 40901 - Disclosure - Derivatives and Hedging Activities (Details) Sheet http://www.coresite.com/role/DisclosureDerivativesAndHedgingActivitiesDetails Derivatives and Hedging Activities (Details) Details http://www.coresite.com/role/DisclosureDerivativesAndHedgingActivities 53 false false R54.htm 41001 - Disclosure - Stockholders' Equity (Details) Sheet http://www.coresite.com/role/DisclosureStockholdersEquityDetails Stockholders' Equity (Details) Details http://www.coresite.com/role/DisclosureStockholdersEquityTables 54 false false R55.htm 41002 - Disclosure - Stockholders' Equity - Dividends (Details) Sheet http://www.coresite.com/role/DisclosureStockholdersEquityDividendsDetails Stockholders' Equity - Dividends (Details) Details 55 false false R56.htm 41101 - Disclosure - Noncontrolling Interests - Operating Partnership (Details) Sheet http://www.coresite.com/role/DisclosureNoncontrollingInterestsOperatingPartnershipDetails Noncontrolling Interests - Operating Partnership (Details) Details http://www.coresite.com/role/DisclosureNoncontrollingInterestsOperatingPartnershipTables 56 false false R57.htm 41201 - Disclosure - Equity Incentive Award Plan (Details) Sheet http://www.coresite.com/role/DisclosureEquityIncentiveAwardPlanDetails Equity Incentive Award Plan (Details) Details http://www.coresite.com/role/DisclosureEquityIncentiveAwardPlanTables 57 false false R58.htm 41301 - Disclosure - Earnings Per Share (Details) Sheet http://www.coresite.com/role/DisclosureEarningsPerShareDetails Earnings Per Share (Details) Details http://www.coresite.com/role/DisclosureEarningsPerShareTables 58 false false R59.htm 41401 - Disclosure - Employee Benefit Plans (Details) Sheet http://www.coresite.com/role/DisclosureEmployeeBenefitPlansDetails Employee Benefit Plans (Details) Details http://www.coresite.com/role/DisclosureEmployeeBenefitPlan 59 false false R60.htm 41501 - Disclosure - Estimated Fair Value of Financial Instruments (Details) Sheet http://www.coresite.com/role/DisclosureEstimatedFairValueOfFinancialInstrumentsDetails Estimated Fair Value of Financial Instruments (Details) Details http://www.coresite.com/role/DisclosureEstimatedFairValueOfFinancialInstruments 60 false false R61.htm 41601 - Disclosure - Commitments and Contingencies (Details) Sheet http://www.coresite.com/role/DisclosureCommitmentsAndContingenciesDetails Commitments and Contingencies (Details) Details http://www.coresite.com/role/DisclosureCommitmentsAndContingencies 61 false false R62.htm 41701 - Disclosure - Quarterly Financial Information (unaudited) (Details) Sheet http://www.coresite.com/role/DisclosureQuarterlyFinancialInformationUnauditedDetails Quarterly Financial Information (unaudited) (Details) Details http://www.coresite.com/role/DisclosureQuarterlyFinancialInformationUnauditedTables 62 false false R63.htm 41801 - Disclosure - Schedule III Real Estate and Accumulated Depreciation - Assets (Details) Sheet http://www.coresite.com/role/DisclosureScheduleIiiRealEstateAndAccumulatedDepreciationAssetsDetails Schedule III Real Estate and Accumulated Depreciation - Assets (Details) Details http://www.coresite.com/role/DisclosureScheduleIiiRealEstateAndAccumulatedDepreciation 63 false false R64.htm 41802 - Disclosure - Schedule III Real Estate and Accumulated Depreciation - Rollforwards (Details) Sheet http://www.coresite.com/role/DisclosureScheduleIiiRealEstateAndAccumulatedDepreciationRollforwardsDetails Schedule III Real Estate and Accumulated Depreciation - Rollforwards (Details) Details 64 false false All Reports Book All Reports cor-20171231.xml cor-20171231.xsd cor-20171231_cal.xml cor-20171231_def.xml cor-20171231_lab.xml cor-20171231_pre.xml http://xbrl.sec.gov/dei/2014-01-31 http://fasb.org/us-gaap/2017-01-31 true true ZIP 87 0001558370-18-000547-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001558370-18-000547-xbrl.zip M4$L#!!0 ( (LZ24S,0]-@#=(! (=]*0 0 8V]R+3(P,32NURN\HF[J\I^MI.\?*H'DY#$ M$XI4.'@XO_[M#7"4J)D4!Z%/.K$D$MCS!&#CI__[.C.E9^JXAFW]?*:TY3.) M6IJM&];DYS/?/2>N9AAG__>7__T?/_V?\_/_]\/]9TFW-7]&+4_2'$H\JDLO MAC>5OE#',4Q3^N 8^H1*TJ#=:7?445N6SL^#MS\0%YZV+8D-H[:5Z)>K8"3; MNI#4=Z-WJJP,I?Z%W+GHJM+E%_[9Q_/D)P H??UUZ_J7#GE9&H]$[]FOT* RD M&]&SR7'[[_B/X:.:[:3&A,_4-3P*?\P0UX&B=I3P8<.UNZHR6(O3 F[A-[./B!S7 N*^?Q'#B>L0,5?<]9^?3H'?P:/JC3!8JX5&M/[.=W M\ /"T0W@ 'Y*TD](S@M7F](9N:=CB9'WPGN;TY_/7&,V-W%^]MW4H>.?SX!L MYR&UVJ^N?B:]X^.@!-F61U\]Z8%J'H@RDQCX10N^-O2?SR[=;[?C;RK^3U;Z MWP+J?/M(G[P;P-=A0GWY:KC?8*)O#]0R;.: MPSO+?@$GPT=OQD;U)$8;C1%NI @5S?_<_:++ -)1O)PI/[T+GXM M'LJE$P0J^@*^XI)U05_GIJ$9'H=%T@UXCNMP@-?%,EYGOP!B%QL1^^E=YAPQ M5._28/WT+D6!G^;4,6P]00\F3-XO2/5S685_?GH7?A>.D'CGIWYM8"%9%-[S+B4,I?L_1B%[Z;%L3#Y#'EQ]!YC9QOMY_ MA(]EH98W6X&!CO<1P/DEC$=D!<:(OHT>I)8>/Z:H$"[@T'KBH=WYK^(_"0D( M/RU)P)5)7/=VS.B0XOX#S$C=RUH+P2)RL0"LP:Y@.0 &*^I6$3*!5HOR/]/<0%[\VW2QU"'J .,>^(H=]85V1N>,1L%"/7 MXMAE/JX&,.G2(-G^F-!6DU;1:7M\7W%#C^T8 @U7CR4>S= M&^O3JT;1JWVE7K,YOQW>M9& O@B_CQE^IZHPI?)11%.UY)N(IAK+61%-'3V: MJ@S'13154C25KP3T1#154C35*Y>/(IJJ)=^^VA:.YMBF:5B3&QC7H6ZS^+@. MQ<;R543)C>6LB)*/'B57AN,B2BXI2LY7 KHB2BXI2NZ6RT<1)=>2;R)*;B9? M193<6,Z**/GH47)E."ZBY)*BY'PE8->]&?#US+::%R(OX=78O16"@X=SL-SU M','!NM<:! =+]X/;GA>Y?"&.'IT9"[_]-)N;]ANE#-7;.0ZT<.3LGEB3]#M_ M4&,RA0CB\IDZ9%*3 "F%?LSHE?CG>_E*8SWXW3W M,$ZOC*J%H3DY0W.$BI>0JE.6JJ*J<$*J3EFJBJH,"JDZ9:G*MUJYMP<\-2FI MC7>YH\[8=F;8QNUA2ASJUII?*[!IC-46W*J2-=R490IN'<:MXV9O*_!;$P]] M,2QCYL].D:L'1D$IRM7&EQ8@0>152-!^$I2DW,E(4+28_J!1BP 46/)1^), M:$WV/)]:I1-Q1X[BCJ%/V(NXH78*.%'=4 M2X)$W%'WN.,X\B3BCNKP:,\5%^$U:NPUBCJW++S&:7J-X\B3\!JU/:$GENWW M8%[M3KX)+A_*Y3J<*!-.YSB5OCZ'QJ4-%\+]K9*0O]UV MKE_9EFN;AHXM33\AU'@E>,H* E06==RI,4\WJCZAMMZKB)3JS)Y-I4)66RK9 M7;RHLQ7WE)B?7$3]TM*3#7CIW*&:P(A/Z\#Q\ M (#(E4D<)RD!'Z_4/P@HIS7QX-&KDY& 3+Q/4@)^OU0Q MH+"MWR]/AOM+.)\HYY43Y+PB. ]^OW^B?C\#[].4@-]["4J)2H#ZQ3#Q)B[WI/B_A/6)#;WW> !@[JGZ1)V(,=)R@M/FCEQ/KW."6/!R8C'&NQ/4AJ^_JD^4(WX MFN]^_>^3D8(,K$^4^\I7^O*G[?SU]<\38OXBTB?)^R\WRA>#S(SKSR?#^464 M3Y+OGR_5S[9[:4VH24\I5\S$^T0E0#E1"F3Y/V'6^7! MGE'GV3!-^N5T8KY,O*LK =N>H;@SB?65S.(C%'R[](VE(:3/%!Z6\9EZ\#F) M#6?;6G0:<%9AV].6@L_U/GD9673X!T93EP^47)G$=6_'[+ZNU&&2!YB NI=W M#AU3QZ$Z>Z(>?%Z)7'R 8PUV!5IG]9S]DWO?YQQ.&'VD3]X-0.7XB%J\NDLM MPW9^LX!W/I#ID3JSSS:Q8/;1T@".\4Q0B^)A[@TW+53AY/< Z<,+F==#GBIR M-FF91<&2\R8>Y0O$:C;'],CF#0N7SYT\QW [S\$>RR%" M&'Y31U$H&'VH%DD@:!J>JZ/-05/PV*%!$TB)'(=-T:=J$0540CE7Y"TB#/Y8 M,9&D3HUOG^D$$BD&>5P,(([Y9M)_.K8_7_ D^WNSJCH2(,+% A&"ZL 2%?*T MU07ZK1K$OINZC@C)%)*Y*)G5ZIFRW:G_1&'JUIM2!Q]SZ!1)CD&:9L]JTJ!B MR[/W6^/;@#I-D/&%06G$*R*4@-Q-;YX M.[ZGS]3RN5Y,6M'M*SA:8-T!Z5N8CU\1P?B>F3S^\17_^"CPACC9] M^PPD,5-^*7KFQIK[GLL>Z-1#/K;#-'9):U"M;KZR#'$&>/A"3=\2GU/ML:XQP6>L8[AUY M(T]FL#?;\:G^V2!/ALF*<@MBMH^,5EWV5M%I:=UB"T+E*9*%Z$1EY+3?%--5 MHN4X,-SC'.E_4[OI9/_*H;KA71,-1?LMQ1E(9VWS&>0N_V#Y.Y<3A[+: M73W8NTR,F,]KJ7&,':N9%"WT3G6Y?ZYV"[\=M[AE^:J+6YDKZS5<.1NF)$AL M[*BS^.T"9R4V=NRWF_PH*\=9IPO,5Y%%B=T:<+X^^=>1*+L;)@ZWR/WETWCG\E%PW M09%^92G2W8XB_3PHDJRI=$*MKAQ%MJL1R)U<8A/F ,,$B0) M+4GE*+*5)>GG:TGZ24M2/8IL8TGZ^5J2?M*25(\BVV7..5F2/,X7UOE6X2TW M7!_S.M\*5)]S.V_ZT<# ],EG">.-]>E5H[AY]"OUFKTK?SN\&R@YAYWX$9:D M:379W$Z "4M2FB6I5C5?6)*R+4DYE?K<3@@*2U*:)3FVY*C)UF2)3^(<>GGG MT(&UVS1B"QX[4 )&20$8"?Y7@/_R:+M&?*,\^!]5T%/E=,'_,OG/2WG'63N( MU@M2BP>"_V7RGQ*>@OC:U>1%M=<.L33#U>P/Y*T>C%Z%4739[#)* MU5T7WH]O7VT'CZ!;OQO.Q+ ,T@3&9>/4.,[Q:RX;P; D*DWC$[N4L@E<2B#2 M-![%-P74]GKV93$ MI+IWG$)HM-%MH=CZ:7:W]%4*SA68+S($]+K1'2R$4:B.4=@%G!IW] @>RWD-]@0,D; EPI8&YM6W7/VF1M6XZ.]8W'>[F5U5ZJ(#.UYG'B)6=+5&A7^V.*'+'SMX!VO8 MQ93M8%UL:;HS[^6F\EX^3C[/VX1NRN>#QPX^P3^*6!_]+9QTA814..FZ.NE% MO>Z>RQM/)42/'5RG"]O-L4+=O38(=60 MT(B7WG,DW?J:"_4A221&)2=7;JZ^O@GW5%?WE+Y;NWNNRKGOJ-LW=4CJB-05E'KL D47:M6#4H]8HDI@JRKOP$@WP$KF$<> D-K?! M%OHI]%/HYZ[ZV67UX$[1.^X/ON+J=^(8>!<<"E+J]0_$95_60VLJ<;O5(BUC M$-+$;."^\=4G0O9;JVJ:?!:VMB7D\[CRN9@4GZQ\%I %GZ)\GOJ:WV9%^FQ; MNFTQ+)^(]=?M> SHZOC8YYL/M_=UT2\1U5FPN7.PTEHN=FG&Q?W 9H.I,+"RM+_NR\LQ=V$(3CZ>) MY7,QR*-JV)-TK6%+X9ES/S9 M294B*K%4$K$BGCO%BU/)X:M5#2]?P^I5-1>J= (5^A)TAKP*KU0554KR0GBE MT]0PX95JJDHGZY7V+4.)7.DX5:_Z!7C"*U5-P^KEE80J":]4A,Z<8*Y46542 MN9+0,.&5:JI*PBOM>T9!Y$J%KB[7+\ 37JEJ&M9TK]1851)>*4>=$;E2=51) MY$I"PX17JJDJ":^TX[9*D2M5[[AM-0(\X96JIF%-]TJ-527AE7+4&9$K54>5 M1*XD-$QXI9JJTLEZI>)ZLS7"VU1BFZKP .5WB.":DN?R^;R*0FU>S9S+<,C;=CNR)SB(3JTKPG M"S%N1C9A5ALN5NQFGSQ1ZU8)M6XNJ 68#:N$V3"\9^H0S(;?U%':J-Q38GYR M\2IRT$(8RC.H&T[(*Q?)=3ZYXIRKNQ]L]*FW )5Z]JP#(A"C6>J0WA*K(D! 2R+ M8]Q+2_\,\2P6,D!T/[Q](?^RG>7([=:;4F?QW6JK*"K@WHC'8=T:S!L0RR]* M3S\E/7TA/365GOYVTM//5WIZ*>GI">FIJ?3TMI.>WG&J8@\87B$JG_[V 8,K M>S:W+?B8EI([XM"ZW*:T%J.8_4F4&NAK#N/WI:X;.!HQ[X@!&@:YNN$1LU$" ML!;'!DK$8O0A+,"Q+$ Y\<)A_!86H'D2L1A!"@MP+ M03LQW&+^%!:B_1/#2 M7/];1ZYBT;%_WCGPSG/UVZ"*Y7WU7!X4W1K[\H4X>G0G>V2DJ3.VG1FQ-/HP M!>OF+NQAN#.)]97,XA5'KA\W\+R%5T3!%#(^4P\M3]$@8=:SB9#G1H4D'?ER MQ%I"-C"=V$TN/\WFIOU&Z8-G:W_=SG&@6HO82GP:R.E5B83@=-T3A)57:0C6 M%K6*G._E)SW!L<(YEO,>&\&QPCEVX-:A;=-HP<"ZI\?%YEH;3F775!Z.D%P= M>K2ZAC%VOI(75;\>(!LE $^\P9@X$UJ3(FYY IA)OV ?<+WUM_W M'ED.X]-L((CB:-M1CK8M9IO\"-BF;#-XK)BJ![(SILROU-2O;>?&>J:NAXA] M>%NR11]\ TAB39H1=B'OM\(_T6HI18#&1J,(5*8]U",8J+X]'B\OJ+H\W ML[EC/[.HHB$IZ@&RN4P,83=K*:<-MZ''E].&V=-H[P7\DWT*CIT+O1VSQ>V4 M;#W !!"2WSET3!V'ZNR):DO:4OZXB%S,Z#78%=V(1U$/WY<1,E0-[$[X2;#W MZ.Q-:;4:,GB]5D>/':+576#YO@W^OMH>=559[=:#XSNTYEO K-AV.-US]<#S M&_UO2B^]W+<[$SN-96+G"+M1Y?ZYTFO"696ZYS/EUYUS/M,BC6E)/9=V;.9;36+=TLXU85Q&7U]A-X5 MG3.7PSZA=U5@W+XM];[:%H[FV*:)2SMXD05UZQ*Z;-=-9QV*M>GOORU?,=VX ML@%!PZ.XOH=J9XN-P/RQ@N_3 MM"W7-@T=9M _(1(AOZ.4!H"TJ ,DFJ\RXE#&;WJP=Y5 MF\TSD2FT=Z[[AQ7[N]^4A7X0VQ\2^&P32Y55M=YLVXA8T><\E$,O!U[J M?KPK"Y510UD8(E9H/^2#-CYL<)6EW[U2@>AA596WYF=13N!8QN;='V([78WV M>8A]K,?57>LW$ _X3F58ES&<4.H7DUNE)F%_X)S2N5T/VF MQHE#_"'.CAWCF>"9OSB7O#?<-"_#FNP]4.CAAZI?NL&C,1#U M$+QU+(AE+YL'>2[7[,?&A'9D\3%/ +-%(09@"UDH.H_LGJM;Y)'!8SGGD;SD M>DTTPP2(4UIR3Y]M\QGHD7ZF'OJQC%?,\K6(U28C$?7F&ATE0>*J?# M0[FI/)2;QL/,E)C%_ K)C\G)1?E\2K*:N--%9#5BAT6Q\EO MHCT6FU8\@\?R6?$%V:[S# M(Y_)$N73FJ_J[WQB07"\,2<5Y$PEK]8N)1!ON<2]+3D F)+IRS:W])I4-PFW2JAML%C M>C;.Z.SWV; ?J67/#&O5P*NI&8^\/,1/[Q(8K$9XB6(KT4B. ;+YZ,]-NBB< M\/TGDU5T%G]!1EP^V<_T"W'^HMYG&)A>:IH_\TVVW6IF.Y[Q;V:MI4 -[NDX M0ZDEA(+]Q.&7=*H9,V*Z/Y^= _^5_F@(2HNZM/6$N4(XV 1AKZ/F!^ _'=MU M#R*8*B.]5L##AC]@]HW$&"C=?2?_2KV#$.\,5_,!QMY[XHTX*UM/G"T-E]K? MO@%!\@=JVB^)=Z^P!0;1O,/DH=?MC&+P]H2@6!PVJUA?'N:* W_TVH#)Z&?( M&W1(#H@U,9Y,^$B><,<@Y%-_4&,RQ6F>PG\. MORCJQQ#\ R=?QB-^_])UJ>=>6GIBH$< ](-I:W^MA7HIN_A/TWL/'N<_)]Y[ M*?'W__Z/__6_\.-<(1\ MS96^TA?IWIX1J\4^MUP(D\;\.=?X-[V0%'CY_5DX YL"?PUGT0UW;I*W"\,R M#8OR%U\8A2Z>;%/G;W;;4D@2*::)Q(DB$4N7$F3!&=[A.$FLWLVWQA$I>6Y8 M&$->=/K'0)H]^ >%#%B7+-N3B [_A2F,&%7"4;4=R8PQE73?,:R)Y$VI]$:) M(T&F 13Z2#6>47>4EH0\;TL?MWJPWX(G'-N?3-F3!$GN&LR/VF/VU3VDV?#I MBLSFOBM]>IT3EK&WI!>*4,.8WPW:/0E(909O9>.!+/M.;G?7/)G$\\7PIA*1 M7@+-D0A7'7@&5!9>_4^ Y[WUY,Y!4CH,0SY%KSW@GUH2A&1S#'2>J?G6EFHJ M(\P)G<^8#60(/J%-#+\PT2HF2,AI8 /?G-2W3\3$6\S@9V]95EKL)2X,$,<" MPZ2Q;<(LKO2#88$0V+X+3[@_7FQ!0S M(3HOANY-+Q19_IZC@C][!!FM4=.< M@_" @/Y\)I^QSR[N5@@^$].8X)77%,L\9^%X3[:C4^=< ]C(W*47X1_O^432 M4&[C7)QYYR8=>Q?+]/:]#]_GTPMV?/+Q20 M",NVJ/2/CR/\GQ3^R&9<^2L???7O#C. RS]/N654 #= )J#: F(KQ7=K(4W/ M B+GC$$ +J8&:+B5$.'%>;RC(?4SI%L9$&).FDAN,R5"06QB3NI&;?W92GVL7U3\1 M[:\)Y-V6COF,[5Q(_R"^9Q?&ET02.MP[A(_>;'0(7R)KE!RL$, ,J3105SU; M3V@%"*TV@="L,L,PO> 5@Z-I1;)JF:$FR4J+4)1:*THCG(50E'KS[\B*(@(M M$6@)UFS!FO5_[<.X4H,XMA=9^H?,_D\X)UPB$]HGM.](D:'0OD7MZPOM.P7M M:VJX>77UZ=/U=4G!_A8[3-C..K:?C&_N(\D=)T!MGYZ&_E6=3U*6ADF%\*;< M=;@:\N:[ MA0]F)_;FR0.L$^NH5 @TU\1/T9*%UAR:J@+<*259,))(X8]1 ]:GX>E)I/GNWDEHCJ%A M\E L%4OTIC_T.NJ/PAQ44Y"%.:AH!-Y<JPN^Z[>.)W@/6JVNG'C4H]I?)F?*+9-ELDY2A*DR6,%G" M9%4RIQ F*\-D=83)JI+):D2&4D6KU?S-[A67['JLIS>"B&7OZZE(*:YAQ^L; M(9I"OZL7%PO]%OI](I%IU?*"+6+6Q5)YJCNCV#Q?,2VIAQ>L&GFW4(,:E,3% MKM%12Y%%.4F8HYJ3MSQS)#:QYVN.!AU%F*/JF*-&Y!"5M4EB'WI5Y%QL/*UU ML;NY&T][K;XL-IY6592%0:AH&-UD@]#MC(1!$)%P$_*0]1*_W4[TY?*ZV(E> M,=T1VSIKOZVS*9PIO]*U:EMGJSL2O6B$T1)&JYI9A3!:&4:KVU)'8OFP0D:K M$5E*%>V6V(U^BN[X-(E8]BZ;BI3CQ&[5*A)1Z'?5(F.AWT*_3R0RK5I>L$7, M>NM-J2,9.K4\8VQ073(LCU@3 Q-9XKK4[F[O]=-B2>QVQ_;2BHBP,0D7CZ.8:!$5N]8<#81%$*-R$1&2]R&?O@MI< M81<;TBNF.V)O9^WW=C:%,^77NE;L[>RW%%7T8A!&2QBM:J85PFAE&*U1JR<: MR%3):"UD*?PC :&->*,;S\E?%V%6U*28&1:&V1>=?BZ8;)/A/DXI1N\2'8^I MYDGV.%499Y^UOWW#P9(YWHG$2/./H2J/W@=G4HFE\T.JRS^9>);5E1SJ^J;' M,@=X&OZM.>R0JV?#3Y!,F/"?9VKY%*>+:?^=W.['GX .)D#4DN#K7L;7",:* MG\:V(T$2([U1XK@2!1KKTD>JT=D3)#8=I26ILC)H)6:&SWT^(OS5:R$"+ ME+F)A'R>_ 0RGC8HBBQ_'YPI0/.#"B%IU#0#;?[Y3#YCG]TYT<+/@8'2 #;J M1 8J,!Q@%4PR=^E%^,=[/I$TE-LX%];$WE?#-@H^6#%3!K=7* MAOH3HL.8A9\LQ"'^'$;$2PYZTZP!8E? RR?'V J2->' @3AB.-_ $*-ADIC@ M__J_\N=DV=%+B9S,LSI;P5@E+\HF"GX\&2V;UM6,5:HER+O[J4/RTJJ&-[4N MNFY1K53E@O:K5\XGU*/\75N76W5!+V*!KH+^N:[+&D[=LQ]FXO%+M%K''LVR76ELM:(2SK;)++69'LTB):N\X&T'$ MLMUC79U@IXA.:64[P8I+="-<7=4"C>V<8#'W3(C$I\'NL>'D+=MQ-B^OE(O8 M/%&V2ZVM%C3"V5;6I3Y.J4/)V,O8T%Q_QUIQR2[-?9Y@-Z\"O&2A5*R*,U1: MH\Z@@>ZPXD+="*=7M9!CO;PO'.U_\F'YBWB?A6'/6)P)YO ),I!+;K*:M5S^5BIQG3 ME.R-S3FE%^)*WW7:W:Q6.FI;7M5*)_NGX[;2V0[!77KCB%8W58NEJ][R8 L_ M)5K=5(9;U8ZV!;DK?'R\L;2N9LC;&')7M:(E6MUL;G43?0.A:P.]=<.8*KK& M5*391I/V,7HD=,%36C%)L3D M)OBB1TSQ/6+Z+:60M:*RG7;5=*KZ/6)2(&\C3%LU#/!FFX1G4?01=^F#:VE^__.__D*2? MHA== _NBW(YOK&?J>C-J>3?6/27F)]7H,5,*3"8T208A(:V8Z<"M.76\ M-Q0-G7K4F<&(\/@;&P=?P&&BIX@K&4!:3WJA#I)2(Y;7BDC++.L_7L'X7+TG M[KDQ/N=/Q-]_?)\$$N;TF/@G97(9Y"?@GRZ!^@/%R(3)5CSBZ'T,>-1A*JT2 M;O"5&XI=6_H2C11C[7)U2,"]0% 2TP$5="+-J#>U=5=R#6 N<;A&V3"-[W(: MHAC,*9,%B GW8@M#Q\4,*2O5/-AQA!IKE[-49O82+G<,G"Q7#0G 1/7B[]H0)X:2S&C.U2O;6+62.@LOD(##3V_G?#10'0/D[7(+ "3B!(CH ML<9QY0?I RIR)'_@H@^R9^!I>!! R4$!?)D:VA2@&YL@:IPJCN'^A6W97%LS M&!E?#&_*S5(P8V"%?@QU5C?&8QC3 C(_4>^%@FWXP?B1_82!CP-JXX-;(S/T MEDP:GP ^8H =\QW71Y4-O%J6]?_!@+%B)?LO-Z4^26(PE-RH*Q[$:MC?SK:X MBTL/W0(S0%P?=1C[T*"58,HET;\1U@ >A\Z(8>'K$/V#;=& C>@'D7N1L693 M,^?*HH L(0FF +!IYCPPAV?@1QQW;OJ(^5MZJ+'Q"K RI@&IZ0L\'9B#MO0Y M6P8CDQ,2C)E4_A-YM@UL%[C(9X1XT7^T@H'8]]1"?J'M?T%Z'03# M0"@T,UP7);\M765I0X;F1C&.SDT9H.K09VJALL[GMN/Y%HL[8@O)16H"='&X MYD\A-9M,N;"##%K8Y!#( K;GV0B!]CV,7][B+P/!!$P8:3)E,B 8%-CTZF1 M.8O5_TWUT-=&!F^%H4FR:2^CQPQ5T%,R5#HD;U*5()NFCLF\86 E6.&)TY M-EC*9*_*A/G?QH2##<2H"*>YLF=S5#P>X<#OH!P.?G*HAN4 5!>)&JP))H$O M=5\+8Q%28J.6>K'DMM+]-'.%D=)#8&3$M5S:EF[&H2MBHP?!&0LW M#9O%20:H-TM.='S+X(ELB[4&]:V8N:&EYTQ"JX&J1$)10DEX<0P/5 G &M=< ME8+P+2,2"=,EQIQG@[X :5#/P%I"[!)&C GSQ"RPP0@7]F4- ]G2 S/707 O?@V?<7NL"[[ M+6Y &P=X;>FKO0170H5XI)W=;#R&"16SU8L9952\ MB RS16.V!OH,9#4F5F"V@E) ., /<8RPKG;PXV+Q +_W9[S*D31A$]O67PS3 M!)ED@&OX0LPK\NM:IS.@E4VQH&TH^7QBJF>JUQ:ZL]S";PLMDC[&&2X. MMEH/(Q)S4,"1\83[.[G=B]BJ^S0.UC5JS#V>5+M3()@]X]FVYM@O8;5N*>+% M)T!T6"74, NTTBN;'VN!P1*I#6N:'6> MIO#.6T*Z[8%H>1L)[5[+K4=M==X7C>G7<"O_32.R(/=Q6IV/VMV^H/4Q6YV+ M+OYYD#N7C9D%>.%R6IWSEX-9]XD:#^Z1G0'!7FW0%YWW)A@"-*^ ST^.L0=< M:P*'7/''U*Z!H4EM)7@7P2BAQ7NI 5!EF%IPP_>R@Y_B&KY7BO+5#(4J(^1% M6JY=;%-50ZI:;TW>A95AX]IBNL97+D[8DR_5T[=$N;^($*^"T4!9K,M#P8HX M3%/!0**(HS25X)^D=%K#;D&-(:H6D51(T6I?FJG!N>1]HH5BVMR7&RW42M[K MX<4;2-*RO6X#?>NPI8RZ#72MM9+^1CC0!B3B!;7.%XGXR3C=DR)VV>[XI)+@ M3FLD%V&>RG;4#=&81KCP^CCJ8AKRBQRX8>ZX@20MV^DVT+4JK5Z_B:ZU5M+? M" ?:A!RXF#;_(@<^&:=[4L0NVQV?5 ZLM(I9_2K;43=$8QKAPJM \9TUH^"K M!$1>7'T77>S% C6@:0&>N,1K!BIA5O#R]'Y!_8Q%9GQ2;K7:(;]2?4+U#V\W03?A>^+1CX#N,\'. M:6ZJ7]2E^^UVG&@0]$S+]=V1;+)[#GTB=LP650]_+5<*,'[HCC6=3! M'I_A1%_8&?GH"83EQG(]Q\?>5^QE /7; [4,V_G-!(8OGP0N9\C#,)^] R%'^#/Y0S2:>:,2.F^_/9>?_LET&/ M2W=$]VVIUS"2J\4#QO$C^U0[>JSQQ-Q%&64V9",F8!A^"9I!7\446X6TI M]]AD[QDMA,L'N>/MK+,;Q,DK.L3=];]P0':?*882WIG9UH,'1NJC@2V;+=V% M9QZFQ '6:B9!2I%7WA@M$SP.73\%73_BQ0.VT$,V7)G$=6_';*84/Q,09+-! M3?)!/?M%;G<5CO@.P.>/\0(_"L:X>Q#&%A[GY^"CD;B"IPQF+JY!7BS-(&:L M+P#R^ ,QL?WEPY12]MA7G[65W*6!X0)*G21*-U^O :D0HWR 2Z$;MLN_?8) MD(W\A5_KL!+\80K\86QM'!N;/]\Z#[S!>61-'JE)L3$[H*GQ)MI7!)L$>F\+ MUBB2AP? DX#VI60A_/+:=JA&0E.VUA+UP"LF[= J?&.*I WBIU>/6BZ+7+X0 MSW< 9+2%T=?7E()((5/(9(4*]+^I7:13#ZD6?]A@@#EG+R<.9?3(1K6;Q+6+ MLB_+2H#I 7BL(L8UW@AP!>HSH5>LQ?*$WB..VSFKW!!E&M%O][+P7 7BKBCA M!VR[CUU830-5*'\DHY?NL9]N2M*_&)8Q\V?;$D-I#W8AQC)RJ\CSF>;%YHT! M\EHL.RC;:C\3RQ2,92*B- 61%2'>LK4!1#*M35&8<#6Z!L^!]VBD-.:>/MOF M,V:4J6>.SI)C&(ZUZ+ 0J+^9+=L; 1XSW(YOY\QU@_=->!,4F]BG'-T#+H=* M2A;F.Z"PB@H/7$WPRS*Q9RBY!MP*!"8MI=A\^.4OJ;-65)Y>\0(6)( MS_/M7]X4;YMX7[L!/=0&77WA?LE96K'>#$B*PT83SX^>F<2ZP-Q:?*[#V^? MP$S9;]0),N5#2CP9OKT3(;(7-!OQ"9ZG]Y1?XT&#*@VO/#M1XJW(_$:=O+E\'NJ7[K!HS$0 M^ZQK;$GL!'<,-^)95'-=I^R](DO"N*<$)FHGR(=*,9 7NNJ@ MMCO]\L&N%L$+7?3HM.5N^6#O1_"M1258PDDMZR1>N73C"O;M&'S_C:79,QZ= M/Y+7:\>>L84#T\9;>._"*[KW6;8ZI&#+G/THLD>%(+4WU>X_W3P&2V)\HEJ1 M9PGZF Y8[G' ;WVF$V)>@>]RJ;G6SFP*/@>=V#UF#;[_U!OCWL&@M^74UWA? M'/T,?EN_B>Y%O&37(F8$QFS_+$@39E$/T:5B?[++Q Z!MZ^H<5J=&T@;L/P< M7_C(8Y5=5N0W+2EV$['1=K/'T-[@;;@S=E5O(-5HY]Q+CTLUVPH%(3 *.5Y MS&0>@7#7(M!+(=!;1*"7Q$ &JSOL#4./L3= 1>.T@2F+.*D]60F==V5QVI 6 M+O%I,!B,CHP3>S$HE.5ET&]VNVHGK.]GS'03/+D8?X.EUY,&@2'@V\'')K:KJJ+,; M/! H/!"3LG#*<-TER=HU"%*&@^XP#4+&%(;O&]7\-,@9B6! XW]G\=M_# M^!$ L7&2)#P61._!NI,&W^AL1Q(NR&;FI@$DW;UW."BC+3>QRJDRV#HXL[$) MMR$P0TM<2$L6W_M@.X[]@OL6@AUQI2*LKD9X#U2*I$GWFS(J9IO+(DTZ1Z#) M%_**^?'2TS?A%?=;J$6^&RL6J3!<386=@8]I$-0%DDE\,K^_':?2^4?[__&) M:8S?+EU,]?-=?PEK#@>!E,+,=A@1^#+!1\I%!"LV]U2G,QY0\8!KE[!IN1[W MZ6\?)L)%=-O"58;=2HFI\)#MH!GV$HS>"8]CHK__V0=!@1UEZ*MM(7R.;9IL M*:G.Q-QX]B)O;0+W,:@^^D5J4T>N@P#41)NJ)4X;S_7DK4U*3U:4BB-?$TG* MGY2W+P%6*X[$;$JK%_=0XEWF*R0]8ZK)JR>Y05@ TJOW>1Y( 674 M&>1/@16[0G,;?^VFT0,ITF5;&7,FR.H-IKE-481TJ/(P?UH4*!>9>UD/I4&B M$)\[H 718'E?[*%$Z"K%$&%A$VV^8R_LL3U8$ HP#$L;U$",0?XN-@Q/SD8A05[(D)8S L@'W4U#\(.&EKXMG61RT[8.HO+R\G,$_ M%\-].QX;&OV,K6QN+-W'HA$Q >-;;TJ= E;(!J-^;)NVF3Q'4'=\,*H@9S6Y-$B,_6X"$G>(:/ -6CG4A[E@\G'5+'E*/3;WO!L04: M&;T--@7URXE'=Z"J@Y'2VP#J8JN"0X#:,K%BU7$;XGC#HVA!\ %G;CM!EX M M,_1.9]#O]8?50R^GO+$S["F=[N!X^*W?TA#(5+^O]B.E/090QY6IH=J/=L]4 M";W<9*K3[X0[@;?'S]$-BSAOP9),W.6%O.'GJ(M/58X?[ 1OR6@>MGN^;$R/ M=+RA3FC6FZ&%'I]0VTJG?F@>=MPB;TR#)_'@VATQ,AO8':?A66\3*Q<@+0VW M??@GM[N]$M$KN'/;<).?K IN-61=W*;MP7]RZ=\^1G20OGJ/;_/T89V%W[?% M;C3<&SO,I=<=#-$T?^:;[$!KHJ1TV)9-N3^,J_Y[0E H"IO/O\N]SO$P.'2/ M[*C74;:&-K5=]4#(=CN?M!-DX"O9N>YKVV&_LDZB?'OK[1B/8K"#3(3U&2$ MAV5\9KO.C6JR,<4F>)[2!60_4\TS*P;A\(8Y^T)F6I84R-;%2MF'>!(#; M[2UDAQO9!H*W.]LTM)W.JF[:\*A$S:3VA28;GT?L-ACUV^([!H!E=RYQ_^D0 M !\TBIW?>WRQ+RU]YU6:2-0849=\%X RMIT9[WF*=:.6;7G?H MT-A;)O<^Q#IQLN_6&%-NJ\62G3JSK[9'W<L&C?><[ MVI3M"\>@)W//-EB<5-JP_2YV-J\JJYWM3E5G*_Q."!1# ]RTON]._I &W0K2 MX MYP[U3% _HUXG]BW#GBG$EF;T'QO#*!PI9X#P[Z:H68Y/ 'HY;M5BX C?[ MI9 5]^&H.TH$WHE9]IA[QZ!?491>8@O*@9/ONBC>Z8[DT:;)4U61*YYO@G=? M*@%\(MH4'>P*"%7\!Z!2 QC#3]O79QZH@QL^=B[3='G).PH:=D5H%2UN7->G M.F"(BUJLS=GOQ/3I5_K"?EF5DQR5$(O9EZ+(_63^M1-"JPC!&GK$6XKO'-[W M;4U=G..\2W%N7^;C^<=>6QWA2)0;ZQER<&89,3O_ MS:5CW_QLC'>+O]&@KAGZP]M23/[!-TP\?7H@%_3CA\-67?]T;/? )@R]@3KLQ#O6 M-LZ6$V";8X9^;]A1NH:^MZ8VGH=L$*!SM$5G9&&7Y31Y'$Q!^V MVAWZ\#Q\(# )^!>'7)'MG&4GX2FW!SZ)L.<[UNWXBLP-+VRO6?JZN-P.FP^M MA2]&XT&;4MTW(4A/E-"#;KQQ)=V]]O$8.- (IEI8D$C?!;A;X]G@5L+H'L(- M=RHJ:O*63\-"[EQT^D>[:?%Q2B4:TD BR64A>RR1X%8RZ0GW2[-;&?\Q5.71 M^QG;.BV9;.]T2[+@[^3C!+=9KWI<&MN.1"%8Q5<\F'^,IR7D'PX(Y M;-\E$"G_>+'F.LGP$UXIF;I_%-*=[X-K*?&V4G[/-X/)/W/+*/KO8<2#X M'-QGBNDB2G@P7G#/J :PD;E++\(_WO.)I"'>KO#]>RX:_#+398[N?.5WORV7 M>G7TE-\;BWDT(+/KE:G;JD%Z%KQI: P"<#$U=%"IA)+L=?4M>U,)WUQQ.VE> M%WT/2KWLMNK7<_=4A>6M7PYE &7EU]^G1]74D6LF=Q/_QI>/=2.=&P@D'5 MR+N%H']7@)17T#_OQP:IPQ< I 5OS28^'H^D;J]?2(!:.;]>#V/4"*=<68N$ MS<@;Z'HK+M/U<+"-(&+9[K&F3E#M--$)5ERB&^'JJA9H;.4$5;F!3K!JG&B8 M>VPX>CC.1A"Q;/=85R?8 MZ3;0"59E4+.=;+^]*!#.X?L2M. UUCU7A3;:>)K11TV\?S^0<VV9 MG"G?1V>S3>JT.DH1A;*RG7;5=&I?=\X_8KN/B#<;FKGD _,V$=^*HSX1V/,0 M9.QF\FX1?BGY@??6R;MI3F8['O9RT-4JO*13H\8S84/;3G3G%K^3\XAM> +[ M(&$[GK):\5RZ$I& $*[MM%A?'+SEC%AO8=LN^X\4C?$&G47D[WJ'U[>H);:[B5>^K0ZPMR'Z=OSZ@]$ W$CBG:JB!W'N3. MI3Q7@!*1D0[-73)_H&HL<&>O(38GBIK7/*#2 JP^6"&^F4 M'3P4T$B'5PXK1?AJ1A*5D?&C6K)%6[5IGDTMYPZ9NX[A4:V+S>OYG69EL5V M*A?$[,F76MC9RL42%2+VSBI1Q()F!<.0(I8S*\$_2>T,6@.YF%8*E8MH*J1I MM:^,U&!SV#X.OIA>0^4Z^%K)>SW<> -)6K;;;:!S50;=UJ#?::!SK97\-\*% M-B![+JB'D3\;MGA2QRW;()Y4'*ZK<&A;4^D'DP<*)URP/+J@WDLB#&^:0 M&TC2LMUN YWK2&WUATWTK;42_T9XT":DP<6T7!)I\,EXW9,B=MG^^*32X/ZP MI?:*6 ,KVU,W1&4:X<.K0/&=5:/@ODXB,ZZ^CRZVRU,-:%J *RZQYU,ES(JD M])563^TUT.762@$:X5BK'>2LUXT->^D+[ATEDN>Z.N92.TE54TUJL"F[NEVF MJLE2:=CKM0:#8N[G$9FYZ$B5!/N0CE0']8W*ZD3U,"4._0#/ZG>\I]'E"W'T M.^J,;6>&38P>/'B3?>G^3DR?]9JZ=%U_-L>_^ RHY4^Y=Z;*I8W1EGV+8.@" M&A?UANV^:& 1*=->EON(C8N4=E\T+EK#K7PC545N=X5R'(W^2A5N"%=$8E9.H\=$]9GWL:YFQRRLAA6R[%9NC"9TEK ]19"3]?K:1&=?(2>UE)/CYZQ"=UL6<0BTW,ZQF_K>'9HG5R$H5 MP?;/)XEE^<24=./9T*FE+S%VC[7M'@HN<.B\B[NV;=? TZ\7#L7$]9F^QW?/ MPTW7LOP]@^<'12R$UCZ<;,A":%6MKK00S_SC5965;A')5MGAYBGI3>F9[2D1 MN_2<5Q@I8:1JJC=B2:T9>E-V#EPW5HK5T&^]?YV*%40/[L;C*&@OB/"V'^K[DWYL1*=HGN7($@N^NZH]3*HV) MX2"D/I7LL>3!-W1?K0+9= M"-5PM];9^3:Z3K32CL:]LF=S:KG\1<LJ?^]+=O>&\WENLY/G[I MW@(IG<P)9RB'9*7+M'3%)O?"&OV#9^:W8- ME)$LV%4>NWB7_VW9-1H-%<&ME=SJI[C5KXA)5)3AJ".X=B2N':QCZDCM]06[ MMKWAHR)*IG8&JH@[CL6U@Y6LKPZ[M?=DP31?;98*4?W:=L;4@#\*""T^S>:F M_49Y L,GWI;6 _7@H&$CIL>@YA^LZ$/URV?JD G])XSH?03K<0VIZN\L4RV! MW&J2W.K9+\-V=U@TL3<2H@!N?/41^Q2%+]UOM^.8I-WB)%@==D;];LYDY1B5 M0JH"E5V1>VI_T!Q2;0H'#R%5OZ,>&I<73:G?V:C5\B?*0.DJAT;(F?B50K?= MTH\#Z#87=2TMG=9)[^DPM?P':#>?0.3%TO-8\%-O/!GG"GG_&>M.YD2*=05>)17.G M>0L =R/Y.MUA?W (N#HU+B[! .AH!*Y-,MGM8O8Q0$)_>K\X^*7A M:L3\$^#[9.D8W^PVS_FYHIYW%#[3JB'C23_:&JOF\T=X%' -W^TFNK]<_\DG M7#GN]WZGNL1 M"[=>9FBE^FV LPTW5QLZ7;7;43JC%"QK)EL"C OX/9W;$*M9$US?W%66_J1N M:OK,(1VLR,'/N-*JW2I:12&(-@WAPV6A"$U^N+4=_Z3:6C7 MIDV\#-KWOW7DS0:Q!T+=&S#[C28Q<_#%>>_IQ' ]S+HP2]D-YRO;H0\&Z-T] M):;W)L'G>7+:]-B+,_]NF[[E$8?394?V?K63$RT,M3C3']0T_\>R7ZP'2EP; M',2-Z_H+)?-=!6K%F'SJ(/F[ '&P?1Y-NI!8 S-Y#GU88@29 M26>XB,"V4Q<"\Q81_*#7[^<.,PM7L?+CT"FU7..9\A<^VRXPC#T$WUU-L1H$ M \. _R2&A;]>._;LBKA3,/JY"Z77WUPZ]LW/QGBG M*O_9+W?=/SM?E.'')+K[S[V A:ZSWH"0=4 F=V-=D;GA$3,13!XDS=W.L-=9 MD.>-,^8)X49)ZO8&W5'O0 C#;5ONH[WB91:2/RT6F^\I\-$%%CY0Y]D(R\G@ MP>V)Q4;9>25NH^+T.PN:4S#PU275\NY.OG* LT*\B2%5T+KMB/UHK41=-Z*SG<$H]*MI?EDC0*KU=X0CV%LA^LO;V M,++O;&\%G?>B\R[V]I2-R([+?:-^;S&8/U52'=7>]A<3=[&W) M1L0T[1?<779M.Q]M_\D;^V949G;HS/!GB=TT8;7_L&T)JKQ0H]\/AL(1V5PM MEA=]92Z8S'!5\]^,I;?CRR?[&2O]'R@,_84X?U'O,R6+F^H.J=3TSG[IR0L+ M#=N!D#_U88'@&=8D]XU=BMKMKX$V/7%.(.ZZ]:NS M6"0H'L1=]X;U!_E0<;'XOE.=!OV!:K[#P/ST MJIF^3G6VR 8!DN\%@WTBC@4ZAN?@60@%4_D+J_0[&LO4?BD9%[T',IYWSA7 M8^.\P?HNXJR.^DK=4=Y@S9=0[@+.Q:+L4'([_DRLS',= +6@E HU%WF&WX31UE4F6P2)6\)HK;:E!B?G(QZ8H/>T2';QZ>AP\$S .8(X=< MD6QSDX*1GYT_$$HE$)*EO9/[D -MVLUL3@P',[ZK*6X\S#5ZZZ@+27SFC!E0 MW5//<%BN>_MD&A,&P_YI'QAZ9P*3D81)TT1 MFJ*(DZ"('5.D+6$CTL07$KMEDTIS!\9V "_)LUEK4AC ?H:![#%,]P1SVZZD M@UNR)J &SY!7SMG,\/,\LJOPI/1"31/_BV/$$&-=B;\0CJNQ],B? WP>=6:0 MO'!883I)@^&(84DFYJS2"P2&\&\J@9]CPYH4\*=MZ=*3/E*-V6RIH[0DE/D6 MHP4:DQ9[EG#';5CAVUWQMM MG&JQ4)+8H9=,)@Y"N]?MI '9-))1>6W(*9;* PMAVB%P;,3HH^%JINWZ#CV)D(V]V0%7 MK/&%HQI'7;>6]-5^YM&$(K>"& +"#A8::,2=,N]O8(. ,%3YKM]KRU+HV"%R M(ER0((9A:?,YT> #AD<$3YE!1 &40]Q\/ 8 4= [:6S25QAJ;&@XD_.7!"+# MH@N(5.XQ[(*PX'<#J600#!#&U %!97/Q((L_)%U!-.&[TJ?7.;'PS#:/]+SX M##&/3_A2$@R $25^8071)(DYV)8@ @7Z,(Q@,A[N\8@.,F>&R9-OF'A6SP4X MX2D@G"/U%:4%FH:$@7B+AQIX4SSQ,*3#:S>DK_"9(#)S><^'>\ 8+RZ)&^SHV8(_PY%C@&P6X",19Z10B% M\>L:(DHOP%J8P:,8%/J.%%Y.STC',3CW6/N %)H0!&+O?@>9B,-_!1\)$:45 M<5*:,4/9ENJK+)?^!)@DJ:,P\'ZAH?A#AB)Y+S:7?A.)#I*M4<@+]'\1)!$* M%I(SXB>KPDBL# .JADR \0QOB@/9/)^!?U%6QV&I ],^16VKH?:UI1N+B;>C MLZ"U.I.),SEWC59H!@:8N5T,7D,"19LAN)J^($IN;IT9O3*.FY)DN*" ^DQY_ MS"V-@XYH[KE<137XE3AOH2'!M.UE:FCXF.YKE-N!)VQI$LIS@N@I;69JBT3U M'>O\+_J6DMH@QXF8F!BD%4SX0KD)"NS/P^_#5I##L921 8TP6!0/-B',V-;& M,WE3C74I3<6E_;^)Y2,Z@;@/MQ+WA"G7[1>PDR]@8H".9&*WI!O@N&4;(.C, M%,=R"JFXQFX(^:[;[L7B_0=:7\P.DWQ4!CUFGX']R"]0P> 7=?>5?$<=Y 0Y:W=BTVY=V\J:?? M5Q<$8HLY\,%\H]NT!2$ X[;M\Y5[L+_0\J@,.N/<>=A"K2@C"RG#)L* M8D41S#\%BE+W%(N%2K\M)4C"M2Y)E)JJW*WO)%="'DLRV>A M*\O] '%L.AI]9\RP?D1C^K!2 :\R\>5:/7H64T)+!ZUTL-Z%.2)+]UA1[AGO M_N&-LO ^%RTJ@<6KL5I0X';#>HGAL&R0X1!6*!;J978*TU7+L"]8\-"Q9&$% M916.3X@ P)>"*X8$EX 7EE&53EM>6BZM:S4A/I%AO@5T>J:K: 0$H/@3A Y: M4/H!UA/-\+ X%='1PKI (M]WH]H#\C6H0KK8T8L7'B4F=O;$(7.L1YBXMDZ8 M;,SM%^"C[Y+)RA7V+5@+TP7!T4J>RIWV(&,)')[D58CO!HG2NN%*;G C*1O_ M"1 !+((-"8C<&R4."#^N\2^"/*RKI-QPOMF.#BZ1=:##_K1(HJ>@,-(*]T6X M_M._@MJ09A)CQ@T'T6>&Q7JNX9X"U%J-4E:V;TO8>PCP(R[HMZLYQA/N:, U MO&A,R_9P:X0+6 /'T"JPW2'$>DN,E"@:P=L&F(J0/\!HML8!HA8]\F+[$%7$ M=2P4_198*W;7K8\:@8\'\DHF$X=.8)@6UMK#X8C^3)$*E'6[P7H6&J28('&\ M N+'-:W%(YHQ(,?"!<#)-[E4QB75/86DQ)KD-7UR6%&RR\0<_OU;^P&]JVFW MI,^?KZ0?>+CU"C]>O8]^B[_\^/Y')&W4:BQ8=$$:FJRJ"=H-$QNX*V9",/S# M@GC '&,KX,<5<,.+7$?00]N )I@II"6_A$Q;83?CVL^U* MEQ#EXIG!'_#YI':F1UQ0T5@5 L6T.-:L8W^DH:@E;&D67#E86PPR __+\(F_ MYC1ZY@$E?)[8MHZ7DWL\9V37E.L4<+ F"0UE:ZE+L[J4_N5*WPUEM=7K=]E* M!YF121 ]:L%N9+:$#K3S^=>KE/$].'VY)0]EMJ:Q,%9H!2!APM5B@#O8O\?# M%L<>&QZ,0#P/*$_?_@O>HB!Z?#((O3E7^;;#@ BN;T#BA%_K5,.U1P_[O.)G MP_J7;[&->!C5&'1<>^\0[(=;H$=CF428\%0TK@+?R%X$(C5&()@! (X&804%77 Q\G\5TJ=FAZN2@-I!^XZ7VB* Z@ M7%%H#N'B,_I;\PW,UI/O\75#W[+G>(V&CDF &Q+[:.)/Z;@23&8!%Y@(#FFQ,4C@FSCAP,LT5B.K%.^.9UO M/+=]C_6'9>XC@XDMS*;@QXR<.2;82[POGEM2%JV:P3<@:[;IQW5.F 6^9W%. M5'!%?'R/'?+!.)AG,RB$A#G'($[&?!Q;49,G3-[@>X9>&,7^FSHVWXFN9NU1 M7\[ XKQ<3>Q7P4TS+/PFO(TP@R)H5X ;:' K)8^F@M]9O RH\#QL8$,DD+QB9,&O, [Z '8>&G:U$&M>* \8P M1Z+L,C"6[ (8+EL,W5(A-DSW $%L@H2,<,M66%D^5=0Z81Q9_S::@!_ D_A MLZQZ\!;6#_%[+%S ?Y@1YH7.%C[BV*89G'WA!8PPK8_DIBT!';F11AI&FS3# MC!5/4-BLCZXT-\% (WY!?9598.LM+!@Q],-3,5%R,4@&2V$AE"6!.O=EC%/G M+X:.&\>\8-,+SQU;J2H,8Q$K>CT3D\T0;2]5AY$?6QV2<2\5#A R.P IF;8D MX&A%^\) J9Z#C6&!_<#:;Q)ZME^LA5\_T2DQQRSSY:M"Y_059,$+!()R;4VD M[6Q?90)[8KIV/">)B]194LTY%844:DCP2!Q= S21.$'HV)8N789U%+0GL0TV M\^FQ!>,;]^+/W_5EEDY$=2H2I", 061;%'6S;=EY#6FG=9_E-:.@S=(=<6X= MIN(ZVS,0GOC=:5.%NKR+IBTK:5@WS)W04?7W&TQ M62Y0;7'W7IY L:LK#B53IS,<]0>#;!XFYSD8F/74B6Z@D8=*[U!@UM^(DS-Y MEF[$.12L? BU#5B';_OJ=+JKI#EKZ]0.4V\^V;1PY<3&J1=[]V?>&7#H(?QN M?^'TX)J)\X%PQRU8O5%''AP7PATW6 UZ SE_&EYZ_$8/3'4>;;PR!6MA-N[N MGMP$M<<\)4%5!NJ2;AP"W/$PW5&BU([:5>N)Z8Z2J?9&PUXIF-ZP_6#PYAT> MX[6M8TMSK]_I=[;%?!]@RZ/$CM(^5'O=K:U3O2BQ:Z,[H-9H:Q.7!RG8[=L< MYGO#_>L*"X >_M7D[7BK]L(FJ<'*2HP:$I*CSIOSM)5[8C%9G>%J)OP_+[:% M%;'LO:]!*:&%&U,]!B.\_B;15RP#2V-^A;CYAN_X[(B5,3,\-SX#B/5FK&H&CA"4,B&@>U@7QA^ MZQH3RQ@;&B[U:IR1#LHUJR@:#'>2A R/(B!]:2['EZMU\+J^SA"WPCBO8F3:G.2D$DOMX^W_V]JS5^R30$ MY6EX4+1BNG,,4(>YR=??4\1A@OHA/(-ZQ[>-L5]J:C/XV7&-:U>06<=+%;%E MB$O8B=U(K*,0ZO[3&U];CS786#ZFS)9!XRHU_$SGK,\3MP(X^3RF?&I7US\O M+^]2NT6"[0M\BX:1/@KM^/@^7]*<^&:LQFP_%P(1MQ[D7;9"#;Z*[H)GYZS9 M8MC AK>1HTB[HCC@3BX4V,NS5AW*;X1>VQ8<2<# M#3B%>R)YTRST66RY+=SPPD_E)DKA*<'Y_>;3LMPDFFSQAF!O0%P+9@5)=]Y" M28%7VQ+""^I 4QZ&MY(P.+3QCO=PL2\3OW!?3KCW S=%N_X3UIAP'PCJ@VF& M4D9X2RA\(]F="[2-2P5,;.-1_^S'@D$RP> 8Z?2)P4^27=/6OA>T)V-[JI@3 ML1V7+X@PV<3%++9I-UQYBQ\,R1DX\-1F2+8_BOOUP 5S;!+]/)+FAF*(83'# MQ!>IDI8Y9\>YTA\N>\YP<_^-=>?8$^"0^REQ7.&&7RZK?_"]K[;W)_7N6*.5 M'&MF [FSF%ON!53QF.U:&1D.Y<5Z044QVS'WZZBJNEA^S0>S<'_:EMT_XZLX M'%N'V6^=X$Z,J'GLX]+1C*O@9,9V;:L5N3-86K/) #,W3'[#K"\@1Q#]LDM'+W7=P3UG!YA<)D9X%^8&40 MVW?A ??'BRV(@\%2 .>+H7O3"T66OP_V1,+/K.HH:=0TYT1' +&--_N,'ZD:7T0>3MRN]L5Y"V*O"B]0T'>HLBKJ.V! M*L@KI+>NY.T(Z2V.O$-!WF*EMR\B!V$<:DI>81P*)2^D%8*\>Y*7?W92G]=4 M-#B)JE;4>"+:7Q/']BT=BSFVO3,K^,O_X'7U?0IMP[V+&]&;.14W M,AE5>GVC,HQ2L'+IS4@?NFYY.G(>>E5D0K+^5[> M(+F.E %!VEE\X3U;WZ1B?(70H;QT"(!PY\3"^WTWD'U4?^C5 I400010#!J(V,VFCK$FQ;_U?N3"VBW,#VG4L!NL+) MK6-\>,PU9O$]\:A(RH3NEE1"$;J[?8 J-%5H:C6RRJIH;27U%#>6BYJ,T%.A MIY77T[XH]-133W=AVXY%HPJ>AB^T5/#U3(4KGKBZ=MJ)\ST\MXEY-;#2UXE3C MXM?]%FN!3MG=-681ZE6U-+*9ZE7%C2Q[4KJ ,DSN"O??/N >7"\S$DI34Z4I M_>! A2B=NXI\E[=:E'T,(3=F29TY[Y"P8.W8Q!7DI*3T1ZV>+.=OYRI7NQ)V MKNF4%G9.V+F5=F[4Q:M_\F9H!6M_=;1S]:_8U=_8J;(J2P_4PNO'?,O%CJS8 M.YHZ,\FTB;6D.7O.%7_JH>D 3IUW\6RB[;)NIA?LPC#CF;['D<[# XRR_#T# M\@?EQZ:5"6NEJ#4H!M9?$SO8VRLH^?5E4?)KJJJ47MAK>/E.+2"M%0K0I.2U M:?0L.[]L?!;9DXO((LNNEC5-#819$69%F)72BU.U4H/ZEZ J5 LLHCBE[%*< MJGE-J$*L;'BUJ$*4+J*.U _K2.J@K#I2;0XA-5/#2B\RG=;NL6OZY/AX.87* M*E"*4)VZJ,XJ8C=DQ;Y:Q*Y@DGG">R/D1E:U3D=UA)$21DH8J5K6R!JB.O6O MGM4_W8=T0ZW^!BY5;."JMH\KO217?TWLM.4N+[QUVFI';.!JJJJ47EMK8@7M MG+-NC;M,*0A5B8\-+116B=.X*TVTK([%GJZ+<;GA= MZ;3V;+$C@TJ/%9PZ0F_JHC=BP]9IYY0GO!>BF<<03T=UA)$21DH8J5J6Q!JB M.O4OEM4_PX=THWLB);%:Z48-"E_U%_Y.>Z1DE[<:F($W3/Q+KT\UL0K%]SVI M,BM#=8425$L)CE9LVNT&KUK3]#CI6J$$K5]6-N@UL734-#T0AD48EGH9EH7[ M,__Q"J%\][ [J2M8_:F56M2_QE.A8EON&O-H>\24(.BW-&,.?]F^YWK$0JR: M5OVI$!L+SPE*+PV=$K%+SVE/B=BE5WU.:U?2_]? $M IJ8M8Y*]SB?K/(S'8\^$Z7=#JF#FY$ M&AL6L31 3-)LUQ-;DJKD7ZI9>FH>24O/F)M'TM++2!4H%@FYK9__6%][!^LDU]VVT].GWRFE8PJ1 ;FU]*J?1>A^:GKZ%WW?:?3+IU5E A+K6L#^26]V>V%1436NX4#3C'PF(>L0FW7A._AI\Q#^G3HA- M0*N ->^#/SK,RG@-[+L+()@ZJP!9B%%"Z]/8P*$ M>"S_#M-HU#0#-OU\)O//[IQHP>=H@&ABD,6T^(443S$U_BWF3NI)SHD$#[+D M/$F#],B2,FS+:6:GYM]7=A+F!O]?4=/RM&@3LA[??6HV;;D32DV5I&E1[P0\;--+.D'&$"G8YA* MEYZH:;_\B ^R\Q&B ]WDAE8!:\5_K ",Q*I+'Q"D.R*> I,I\[]JLQ@X_FFZ2V M1YWO):""1"S+GV';)!OHHOF.@[B:]!D(-*'XMF&WI9UZ(P8%A(R M ?4*H Q7>B(N@ 1/?+[Y<'L/E/9=]B0 9QH:-T-SAQ*=3TG'8]Y]?(EB.$5& M&W.8H@.:_WU;>J!4BL^-7[W_"-+TS*Z1=%FS\U^I/D&P+W%\PS.H&S_]\3V* MP5<;9AIQ/K83I]&E!:>Q[*L7E.-=;!XWN@QAI9M@I55AI2MFI=7\K32$ZI$A M2)IK".>V,=?JCN9Z^'T\W99V&Z:"V'$RE?Z;6#YQWD)#.=K.H"L].<.BJV58 M]&Y-+7I6HGJ D5G,8'9-0OE(^.R%X8'R:WRL>_ILF\](NRN'ZH8G78/O, WO M;9V"L-"@J/1AT/Y%YR M_2?7T U\4[,AYW4<^P4>D]@Z)P@Z2"VW*6/# =DE8'-T9G>"K[VIX>C\:W@: M1T899U9#X[2-317:H>#)%GLY*=T!)R[#IY.R_".W0$3"U'".BF/B* #F&.S/ MR]30IM+_T+#RW3XEP('C#S7PDW,"=O# VT MKE;BA3$8%OJW#S2"!Q4931J\/+>!UVXXO,?N"KJ#$S%]/;!GS$R198#L D@@DI7V&"RMYJJR["58#A*T1/XM&CAR82D7@; LO*ML^RYS M*@%=P28!=]V$WTSY4IPFA7"$YBH! E!R4$_![JKV8[.Y9;1(= J".T G>- MG0/*@22!+W9IMDR/'7LFH>S$D-G2=\/XXRNC+&!1LUP-'^&;88T,-Z! MI.+$C%I,FL@[!2D4!&B!/' M/6 F2!QLLB@HCNLB>T0-9BU^,'Y,1EA*KY\K2R]30D(E4[GE'600FU;*5K_Y2Y5#"XSKQE;.4*L2Z/WBX-)+^"JU'Y[ M\'W"#I' 5Z3#2'QR#9GJ*F>/D;;R/$(BS\0PF=R@Q7D*Q7 ;*0S-!1(%Z!]: MJ$6;PR+O2 KQ"9.Z@ L^CWZCG>$%;#YU !R7>8V8FF^R "A*%5 *P M88#F> M6%0%N17U@$>V"8*S*A/ H6-,P:P 0C !LIP#%%JI-6,D_5A_U(XK5CA*$.WQ ML"W1/*TE?==MCU*/)GX-:&Y2S\,(#.8- STNH0X%%J$'&/3:?6F9:#SAPEE3 M//695G*0MF$KY#/UE&U,]$-AR<)X.1I*!7:V-;'YB>(9))SHAL(PU&+2A0P) MSATS9_=,X6^/9XR+@1C:$^[%%@0OK:+'&+BJ@A1S MMX":WJ .-;V'MQDDQ"O*=X$O^C!XO\3AW:IXRAH>*%$53VEF%2^]6LM>(Q"Y MOQHS"&\6'/P/83D.<](@*K7881GF.- H/<$?%G@@YHW8(Y#\NF[@.H &/OT1 M=;TO?Q^EF2N+2E% D0X(:ES!%_HN]+W"^A[FSJC'V^E\ZHT-.M_=5NJ'R1*F]83.7Y<5*DT[G#HWJV5A$Y/V&^!=@,%+#)8%QF;(()7KC;!A/9"Z;1'W[=+ M6EDNL4RY5*YQB/47*S4:\"_7]7EY9GE[6"O\3LGX3LWXKL/6\]U66&ACMYSQ M[_AR6[AH@K^Y9$8/JP/Q]5+;#3@- WN.CQBZ:^J-+Q3^8>YKN4!EFF'M-0NN MU06PY0 VART 6^R&V*.D6)D=#IM6 6M:.DVMIBJ]%IZOT!(3E+&X>S M'_G*Z,*.4MP*AANGGNGY&ZZML4'XFCM?LLX6 M<+=*!2VP 3GE!*.L 5_N^%LE5RL'WF6[QG MC2]S+V[$8:*]Y/T2NVDV.;VEO4>96XUB5ZCLX@J7MTIEC+)SL"Z\X;(W5 [V MAD*Q]_;52C5]=<9^JP-<]+K=4D5MO6J6W\Y'_JL47JAKPHL]]P;5A VEYPZ8 MA_,3-C$J@>)U\TFA,[9S[QA-**,-T43R 8@F].5H(N&FV2:Y#5N1_W_VWK6Y M<1M9 /U^JLY_8'F3NI,J6A&IMV3Y!I[(V*'Z-W/@VA,LR2JC;#W#LN@?+G =HR(:V>(C>?9-PP+U%G)GC=:9+\*$IP)?>8^('CR=YR40U !? &C+!)RV),ZW=JE Y8GV3QI>CQ60JCFW!(FZ*[SWNCF9 ', ]B\!Z85ECHUL&-. MI4.;IM%M6:,?5X.N@+M'*2W/#[1?E]#-#/&2(PS6C>#\CUP[$8?F!\ISSQR\ M36:B643X"%(?1ME)T87L]7P&@X#5?,":.^:S/>-I&.Q],$LC9X*:D,PSW+Q M;@%Y6X WON1#K#^9;K+9>#D>ZLQ-1,CVF\&JD^"YT&HY?-&:-2F>2JI);C[E M=H0=!WSFA89TZJ$1QCT/,^\+8O4JEYTPH'JXMG!V==F%/V9AS ZZ7T749^T& M7N/3EWGSN[SF,9E4F8O7K[B$!7B,CY&="ML+7S)#CGD,DP5BE-]!"0LK'LHY MO]@4*0O2BLR'][[WP I-&9]N#Z]QA/^B&?8YG\?,M.-VT@/$G>"M4BZBR_+ M@-XV^J+'L!"])Q/PK8KAX\4*..Z=[3GL2FRPHAINYATS_L5G!.VTF&'2DGNF M3<1%,I- M[8R,..03>2YW/+%P\QN]?((!\&G0(]BB")B3)C@8Q&U>L#C_&GO2,OZ894HG M='AC(YZ2R,TA/!\\\&\ 1U'H&R!2S&// 5]=Y80\\@02:U.*"XT@PO"PB\2V M'&5A,',TQ"E()9]F45!*N?9JFX M-&#(GE?#>]C+Y-G,*>=FW:. *-F\:@M?[:G_)7.!^9ISU+KN2MDLV:TU4K5O M0B?>4 C!>J;%3N3=(RO>PPLMXQ.XIBYO76/.G=7L&TQ&KID@4P K=H4E>DB* M.2101Z(RBQP[#*;K V^%\ K_?N,=T ME4\33&Z#-H,?7;-(C8-R9*FO)\Q>3T.7IVKQ"#M^1,T2L9X)"PDQCTL\@6G# MAQ"D.Y]Q(V+PN'M8%0S&#_%"_@T=F3E>RL?CZ7>'SK@W@_R%&@H&<3('IZ+N M/GV_4RB>-O?-5,E?Z# %X7([ RQ/J %QY"5S2P.>*NSO[QMT;)4JEN'OC(G7< M_3)Q]Q:]?>ZX>_/42NLW <\RO\<"JM]X4:-W:&Y B,3I.,2*2;3Z68>3= H0 MPHA99_(BJD87H=QRD]60;6S24/09?9K0@#L,[(7LD@0?&_&"*&0A^"LF7J 2 M8.SXIX.;.LZ;@KB" NBGD$4J-4 M0 NNH)VV^B.SUVXK:)BE8GXE[*<"4;A]#DFHV[**[:(J9G,51;: UKA1\;35 M:YMM)>VT(@*CA 67QTY;"MIIJ?A=#FLL-4H%M+DJ6M:VJI95*N97PGZJ$ '; M"EI617Q,.6RNHL@6T!HW*@*VE;73B@B,$A9RL5]RMA5<7V<*K;6W;UTKRW3ZF#@((& M6&SBB6^:-;)U\%RW,1]UNXJ6>2DB,$J8>1$P7EDV_@C(%/LH_A]U\3)"&F&/ MS:QK%=Y_&,9)K*!5%X%6XMON!H75:W$J760MJ@%^U35'G?9/"AI@J9A>"3,K MMLNS73;V.WX9UEWW6R3]G@=XN#7W_WXCLGC.[XM4?%K4?8B!W[L.-)K]]8 MI[9B@#(([/7\AU_#P T#=E7)/0F^?1Z/*8R$C[&;L?DP%T8:>!SB/^ /JWL! M#HSC38D?_W+1O7C3;K6M7GL18?O@0F0,6AJ#BQCDK=X_$L?SO>1Y 05?Z6/H M/X)R6WSFY3'8$QJ#1TOQ5[Q%9 %UOY'OWC2=[HMI6!#[SBFM>:M&:5:\V[ M%V_YK4T M2E](\S80T^?5O+UV6Z-4:]Z3Y&OJ\'G%3N#4C]+3^;S-P_39?5Z-4DGSO.]( M%#W#\J_YU8EE[%['=Y_'4=BW+ MZK6E6I:UY[+::C4U&3' M9YZ$%/GCP[I=R[)E698,FNR8=77W7->@5^>ZSJ:A^Z-3Z<+W-'8BCUU@_WE< M]E"9Z[K>L^_>C7"=/?3LB[_GM(R\1WCNDK%WQ96SYQN&B X8G!OMY$S>TT.C5U:ZO]6@IQW^ - M\ 8 11N.ESV926$6VKOXK6$L=.*B0(E8Z'S5?W*S4-U5D>=B(8"6;O2\ V( MA6Z3?)"M+F)_CP!LCM&#\=Y$WV\7WG<%'"= >_\.4/X"&:[^'G'A2;C(;K]$ M.-C?(QP\P7+.X1J"[GT H9GB0+?/,[IK"&%8-:?M4*N(.=Y/(U-E''T 8^P@ M/K[0"*\H)P]TB[K>9S]VU-D$W8YY3POR&;>4UJVZOY$FTJUZ0YYV[=[[0)E5 M;TCCKEEUQU: PW=8\S7+[EHC49=]JF3I.A;OV&*M^O3[2NM8?+.)D6[5^ZNS M3KNOS*HKJ+-V5_Y5*Z#.SA#$K*/VR!)UV6?4XAU+W%5#F(&=MC N^! D7N+1 M>&'M7TB4!#3"6"2?<"6H.9MRL$=#C;C-T?41(:D0H=1-@MC;BODSIHP.U\K+ M<)]PO6?,*1VNCJNL%P'9M ' 9:C+=@"*#X=*@S7*,_=?>O_9M I\_#!HFUXJ M<":T]N_L;H'7^8>C@XKS0&OC/ZA\ -CB[Z-#@:JP\FZS[R8D>J#Q%S ZSG/1 M.Z?*7MO%FZQA3]&B9W?O(=81R[)/'*/@&S/BN482 M&LG$BUSX%*&K86:/XJOW4?@-' VS&(L$KA&Q"8AO@+X&Q6*R+SU420%\&1.? MQFMGH=.9'SY3^'4<1D:<.@Z-XW'J&_0[,#1REQ&.V4P4AHXH97JK9=Q.:+P( M-TX8)A,:&:X7@8N00>!$[!4 HEARRC !DX?W"2A (P"$.VF6P9X +"HO -1/8S6-\U M+:/YFG/(LM$R;,(*GR(O22@..L8?LP'X1# G!:W2,C;P#KZ?\8]K/'G +D&& M?Q+'E('(9G-*GJMQ3WP2.("2"<5'$*OXNQ?CCQD>QZ$/A@8F8HTV\=LR7+#8 M&+][3QVFWHR.91JH;CC+H$:<_'/6X0[=%O2'LO&RSG,.+(O,8GJ5__&:3V0, M\1#2CZ^YMN#M[58%O&H_V)[=ZM;:373"-:L%:X/%G.NFT<594"S'P#M7$\\% M#5O2F0=U0]RK1=UIVA]V6H-:N_>*3JT3=W^U6YVN1O=+H=OJMP9:%[T<=VME MHI6)LNC6RN1EN=MJC31WGP+=I[CEH7:O?DV;;)(FX[- 7;RKMT M# MJ%-W8:<=.$ZKB!83;R;;]KT.(6JN]JW:YY/D,GI F#O?NM)QJ.=5R M*KR<]K4+*J><5B&;JNZL0-?Y52$L>_/3QD*J9EA.@6BGV.:AV,BN+"CGN'2V M[@U'9:^<77?#K#4PNVU;:S6MU=1%MM9JC=-J0W/0'38C>A)(T)J5PA%@C GD4,_/JH;1VLZRB\;7,H9(AA7KLKS6*UB@R:)2.V>]V%'3G MI6)_)9QVL0.HRJ+QX7NV4>'3!W;D.@UBZBMH>\6FF_A6^>BM=F6Q?0Z#71.V M9;#E@T%/JR>I!4:K)ZV>U%5/G;:"<88B J-$!"("QK?+Q8Y:1;Z/$"9$Q3A# M!.J(;:YM^-T-4^S/M*\%$0&IQ[.\!%4!YZ>-:#9\'\(9]L@<#49:6VEMI;65 MUE:B:ZM.Q[1L2\$H1 3!.C36X!^Q*V5!C]W==4\ \PZ&VG;PI !;GFZY8R\@ M@;.N7^Y"*UDOP"ZF ?:E#P/6"S5K+8MONO2>]Z*%M=" =="EW[TXR7_+>]DN MS[6C VU@$&.QL>P]W@UJ&D\3SYD89#:+PN_>E/6292UD\[[YEU[6*#SK1&NN M[V;KAR1@<^*'A<:P7CSO^TIB;&(;3F<@6 'KU5J,7NH?.\O6'?*.L,GSC.*C M##->T8O:G+>M78>+B,X "/B1>JS+['*[V3#BT&3=?P&ZE--C'(53WHDVN^P= MEY-R:,M]>QDXOD?N\;8-C[(&MF$:;6M@V]K"X/@7=I7]>5E C?*'J% MJGL6:SG5Q9+*:16RJ>K."G0HJ@IAV9NZ9[$PM%-L\U!L9%<6% DJ MX^LCD6@5\[IGL3""IK6:UFJ2DD@*K:9[%@NMU92(>43 >&71T#V+A10(.BBMW2RK:'QUSV)9V%]K%*U19- HNF>Q .ROA-,N=@!5631TSV(AZ":^5=9- M07534!$4ENY9++W :/6DU9.ZZDGW+!978)2(0$3 ^':YV%&KR/<1=,_B^N6A M%G.MNX"*6Q6@NX#JGL5:6VEMI;65Q-I*]RP605LMQ1K\H\0]B_&O@UJZ'MBF M=4O3UU]Y7]/?:;+0R_4ZOOL\GC=O[5\8:>#QG_Z /ZP+PZ6.-R5^_,O%9>?B M3:<#8@*LQOJU) M=&^A271O*ZB]BS=#9G\6 -T-P*EA[B_ O)W> /-(!)B7FW'O@-FR3@'T+()! M>;/W$_+ H+\*W'RF V&H2-/AR#X]#%5IU!X>A@CP%Z[+C?A/19O,SM@;05J: M^#005J%U$GP3!">&^;0L\$) GY8I M]@4Z E..MW?P6&&K'W.7O74W?^M3<\&L8QV^?_TU=B-,>ON(5&G@&8N+-%D9_1^+)1S]\RIY;&CS[ M]CV-(>+F,E)^.?^>NM=Q]N@<"#[4+EW;65&TBX@\',T#C>:M;L=^>/Y(O.A/ MXJ?T\WC^Y:_9'2S/U^R>EL_C,0QQ_4#PJIAW>!$%H)(5ZFD9V(A?O2NL$IR^"XQKO3V+5@M5ZG=?9D^,KN"GMSA+>XY?CA5V!E M>#'FB-F2.-]K;35=%?8Y,*YGD><;=G$IUQ._"L]CK&C\T&L; (./@4$X9E?" M@?_^Z(5I[#_/[_+[ 7R@XKDQ7K3W3$DTOP\O0BF.0> ,\A!1BOQE)!,"/^!- M=; X')A^GS'6,I+0>"11KK[9#8,@609V^(_YC74X)SQ5C#\CSXQG\1Y ?D%@ M&-#+*:Q^8OSZZ>WGK]F /N6@X'5W)@P5ISX;R\,;!2,ZS:XM+*]ZS1J*ZP1A M#5&8/DR,_Y<$*8F>\[O-1J8!:RM=0PBXLENCX8_&#*];"X)TROBHT[([Y>_& M(;^+$)$7&]G%@5LN3F-+F'%8_.?6/O>F" MG,'"Z(E$+@Q)(D:^_3C.+!'N-_)L]/+98 *@5((W)Q+N'QC$?:017DSIITZ2 M9G<_+C%#S&ZOY).+/SXWP7 ML&#(EO$VA FW(34&6D4X?VZ]&!-/0$'"/ Z>)\)%;KLK4E#=ST?"9Z_8UJ7# MQT*7 K@G( ]H\L@GQ_G\*7- ;F!0;B'A)G2? 0PJGGH*?@>NS[E@%3@,@' MCC3/LTMB<@4N=JE"O176\COG,\S&F 5AKI33-JKR(PM^1H3/-+1"/<@ ,N M!EV0Z32$?YPFJ!>_!>%3@#^E0<(1'C.?PI>Q.7Z9DN&>"]Y(^ MK^CBSPQY.Y:(PZ093V=K=3U0F1$-'%I<@9H3*O&F[%K3=70J%H%W_3JH^-@: MLH5G[+GYN4+3EZ4@OXT7@,-7O0!42)(!#L/=AU'$+EK=>O>N7/H48R8#@R;F M5%-V56P>J!@L^$.-*ZD>198,

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