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CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Dec. 31, 2012
Investment in real estate, net:    
Student housing properties $ 684,929 $ 669,387
Accumulated depreciation (104,019) (97,820)
Development in process 74,499 50,781
Investment in real estate, net 655,409 622,348
Investment in unconsolidated entities 165,688 22,555
Cash and cash equivalents 11,723 5,970
Restricted cash 112,559 3,902
Student receivables, net of allowance for doubtful accounts of $464 and $121, respectively 1,895 2,193
Notes receivable 36,245 0
Cost and earnings in excess of construction billings 27,206 23,077
Other assets, net 21,800 16,275
Total assets 1,032,525 696,320
Liabilities:    
Mortgage and construction loans 213,138 218,337
Line of credit and other debt 115,575 75,375
Accounts payable and accrued expenses 53,886 45,634
Construction billings in excess of cost and earnings 1,249 49
Other liabilities 13,116 12,023
Total liabilities 396,964 351,418
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 shares issued and outstanding at March 31, 2013 and December 31, 2012 23 23
Common stock, $0.01 par value, 90,000,000 shares authorized, 64,429,542 and 38,558,048 shares issued and outstanding at March 31, 2013 and December 31, 2012, respectively 644 386
Additional common and preferred paid-in capital 677,049 377,180
Accumulated deficit and distributions (46,669) (37,047)
Accumulated other comprehensive loss 0 (58)
Total Campus Crest Communities, Inc. stockholders' equity 631,047 340,484
Noncontrolling interests 4,514 4,418
Total equity 635,561 344,902
Total liabilities and equity $ 1,032,525 $ 696,320