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CONSOLIDATED BALANCE SHEETS - Entity [Domain] - USD ($)
$ in Thousands
Mar. 31, 2015
Dec. 31, 2014
Investment in real estate, net:    
Student housing properties ($32,875 related to VIE as of December 31, 2014) $ 1,506,297 $ 935,962
Accumulated depreciation (($318) related to VIE as of December 31, 2014) (138,830) (128,121)
Land and property held for sale 13,588 37,163
Land held for investment 7,413 7,413
Investment in real estate, net 1,388,468 852,417
Investment in unconsolidated entities 93,783 259,740
Cash and cash equivalents ($670 related to VIE as of December 31, 2014) 35,260 15,240
Restricted cash 8,045 5,429
Student receivables, net of allowance for doubtful accounts of $1,191 and $459, respectively ($36, net of allowance of $9 related to VIE as of December 31, 2014) 2,857 1,587
Cost and earnings in excess of construction billings 618 3,887
Intangible assets, net 21,030 0
Other assets ($236 related to VIE as of December 31, 2014) 34,150 35,742
Total assets 1,584,211 1,174,042
Liabilities:    
Mortgage and construction loans ($21,170 related to VIE as of December 31, 2014) 566,495 300,673
Line of credit and other debt 367,976 317,746
Accounts payable and accrued expenses ($534 related to VIE as of December 31, 2014) 36,562 53,816
Construction billings in excess of cost and earnings 0 481
Other liabilities ($607 related to VIE as of December 31, 2014) 47,071 22,092
Total liabilities $ 1,018,104 $ 694,808
Commitments and contingencies    
Equity:    
Preferred stock, $0.01 par value, 50,000,000 shares authorized: 8.00% Series A Cumulative Redeemable Preferred Stock (liquidation preference $25.00 per share), 6,100,000 shares issued and outstanding at March 31, 2015 and December 31, 2014 $ 61 $ 61
Common stock, $0.01 par value, 500,000,000 and 500,000,000 shares authorized, 64,720,361 and 64,742,713 shares issued and outstanding at March 31, 2015 and December 31, 2014, respectively 648 648
Additional common and preferred paid-in capital 780,665 773,998
Accumulated deficit and distributions (288,726) (301,566)
Accumulated other comprehensive loss (3,174) (2,616)
Total Campus Crest Communities, Inc. stockholders' equity 489,474 470,525
Noncontrolling interests 76,633 8,709
Total equity 566,107 479,234
Total liabilities and equity $ 1,584,211 $ 1,174,042