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CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Dec. 31, 2011
Investment in real estate, net:    
Student housing properties $ 669,387 $ 512,227
Accumulated depreciation (97,820) (76,164)
Development in process 50,781 45,278
Investment in real estate, net 622,348 481,341
Investment in unconsolidated entities 22,555 21,052
Cash and cash equivalents 5,970 10,735
Restricted cash 3,902 2,495
Student receivables, net of allowance for doubtful accounts of $121 and $246, respectively 2,193 1,259
Cost and earnings in excess of construction billings 23,077 10,556
Other assets, net 16,275 12,819
Total assets 696,320 540,257
Liabilities:    
Mortgage and construction loans 218,337 186,914
Line of credit and other debt 75,375 82,052
Accounts payable and accrued expenses 45,634 30,650
Construction billings in excess of cost and earnings 49 165
Other liabilities 12,023 9,341
Total liabilities 351,418 309,122
Commitments and contingencies      
Equity:    
Preferred stock, $0.01 par value, 10,000,000 shares authorized: 8.00% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), 2,300,000 and 0 shares issued and outstanding at December 31, 2012 and 2011, respectively 23 0
Common stock, $0.01 par value, 90,000,000 shares authorized, 38,558,048 and 30,709,877 shares issued and outstanding in 2012 and 2011, respectively 386 307
Additional common and preferred paid-in capital 377,180 248,599
Accumulated deficit and distributions (37,047) (21,410)
Accumulated other comprehensive loss (58) (387)
Total Campus Crest Communities, Inc. stockholders' equity 340,484 227,109
Noncontrolling interests 4,418 4,026
Total equity 344,902 231,135
Total liabilities and equity $ 696,320 $ 540,257