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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2015
Dec. 31, 2014
Investment in real estate:    
Land $ 93.0 $ 89.7
Buildings and improvements 905.3 812.6
Equipment 598.2 349.1
Construction in progress 231.1 127.0
Subtotal 1,827.6 1,378.4
Accumulated depreciation (435.6) (327.0)
Net investment in real estate 1,392.0 1,051.4
Cash and cash equivalents 14.3 36.5
Rent and other receivables (net of allowance for doubtful accounts of $1.0 and $1.0 as of December 31, 2015 and December 31, 2014, respectively) 76.1 60.9
Restricted cash 1.5 0.0
Goodwill 453.4 276.2
Intangible assets (net of accumulated amortization of $90.6 and $72.1 as of December 31, 2015 and December 31, 2014, respectively) 170.3 68.9
Due from affiliates 0.0 0.8
Other assets 88.0 76.3
Total assets 2,195.6 1,571.0
Liabilities and equity    
Accounts payable and accrued expenses 136.6 69.9
Deferred revenue 78.7 65.7
Due to affiliates 0.0 7.3
Capital lease obligations 12.2 13.4
Long-term debt 996.5 644.3
Lease financing arrangements 150.0 53.4
Total liabilities $ 1,374.0 $ 854.0
Commitment and contingencies
Equity    
Preferred stock, $.01 par value, 100,000,000 authorized; no shares issued or outstanding $ 0.0 $ 0.0
Common stock, $.01 par value, 500,000,000 shares authorized and 72,556,334 and 38,651,517 shares issued and outstanding at December 31, 2015 and December 31, 2014, respectively 0.7 0.4
Additional paid in capital 967.2 516.5
Accumulated deficit (145.9) (55.9)
Accumulated other comprehensive loss (0.4) (0.2)
Total shareholders’ equity 821.6 460.8
Noncontrolling interest 0.0 256.2
Total equity 821.6 717.0
Total liabilities and equity $ 2,195.6 $ 1,571.0