XML 15 R4.htm IDEA: XBRL DOCUMENT v3.5.0.2
Consolidated Statements of Operations - USD ($)
shares in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Statement [Abstract]        
Revenue $ 143,800,000 $ 111,200,000 $ 391,700,000 $ 286,000,000
Costs and expenses:        
Property operating expenses 54,600,000 42,200,000 139,700,000 107,300,000
Sales and marketing 4,700,000 3,200,000 12,900,000 8,900,000
General and administrative 13,900,000 12,500,000 42,800,000 31,500,000
Depreciation and amortization 50,600,000 39,100,000 134,600,000 101,600,000
Transaction and acquisition integration costs 1,200,000 1,800,000 3,900,000 11,500,000
Asset impairments and loss on disposal 0 4,900,000 0 13,500,000
Total costs and expenses 125,000,000 103,700,000 333,900,000 274,300,000
Operating income 18,800,000 7,500,000 57,800,000 11,700,000
Interest expense 13,800,000 12,100,000 37,400,000 29,200,000
Net income (loss) before income taxes 5,000,000 (4,600,000) 20,400,000 (17,500,000)
Income tax expense (600,000) (700,000) (1,300,000) (1,500,000)
Net income (loss) 4,400,000 (5,300,000) 19,100,000 (19,000,000)
Noncontrolling interest net loss 0 (700,000) 0 (4,600,000)
Net income (loss) attributed to common stockholders $ 4,400,000 $ (4,600,000) $ 19,100,000 $ (14,400,000)
Basic weighted average common shares outstanding (in shares) 80.6 64.3 77.0 50.6
Diluted weighted average common shares outstanding (in shares) 81.3 64.3 77.6 50.6
Income (loss) per share - basic and diluted (in dollars per share) $ 0.05 $ (0.08) $ 0.24 $ (0.30)
Dividends declared per share (in dollars per share) $ 0.38 $ 0.315 $ 1.14 $ 0.945