XML 64 R47.htm IDEA: XBRL DOCUMENT v3.3.1.900
ORGANIZATION AND OPERATIONS (Details)
$ / shares in Units, $ in Millions
11 Months Ended 12 Months Ended
Feb. 11, 2014
USD ($)
shares
Dec. 31, 2014
shares
Dec. 31, 2015
shares
Feb. 10, 2014
Class_of_Stock
$ / shares
ORGANIZATION AND OPERATIONS        
Number of classes of membership interests prior to the Reorganization Transactions | Class_of_Stock       3
Share price used in the conversion of the three classes of membership (in dollars per share) | $ / shares       $ 17.00
Ownership restriction, maximum percentage of outstanding capital stock     9.80%  
Percentage of applicable cash saving in income tax distributable to specified unitholders   85.00% 85.00%  
Percentage of applicable cash saving in income tax available for the entity   15.00% 15.00%  
LCFH        
ORGANIZATION AND OPERATIONS        
Percentage of investment of operating partner 51.00%      
Units outstanding 99,134,619      
Units held by company 50,597,205      
Units held by the Continuing the Company Limited Partners 48,537,414      
Series REIT        
ORGANIZATION AND OPERATIONS        
Percentage of investment of operating partner 51.90%      
Limited partners ownership interest (in percent)     48.10%  
Class A common stock        
ORGANIZATION AND OPERATIONS        
Shares issued to the investors 15,237,500      
Shares sold as a result of the exercise of the underwriter's over-allotment option 1,987,500      
Net proceeds after deducting fees and expenses associated with the IPO | $ $ 238.5      
Shares issued to certain directors, officers and employees 1,687,513      
Shares outstanding 50,597,205 51,431,872 55,209,849  
Shares issued to the Exchanging Existing Owners 33,672,192      
Class A common stock | LCFH        
ORGANIZATION AND OPERATIONS        
Shares received by Exchanging Existing Owners in lieu of any or all LP Units and shares of Class B common stock 33,672,192      
Number of LP unit for each share issued to the Exchanging Existing Owners 1      
Stock exchange ratio 1.00      
Class B common stock        
ORGANIZATION AND OPERATIONS        
Shares outstanding 48,537,414 47,647,023 44,055,987  
LCFH | Series REIT        
ORGANIZATION AND OPERATIONS        
Ownership interest in subsidiaries (in percent)     100.00%  
LCFH | Series TRS        
ORGANIZATION AND OPERATIONS        
Ownership interest in subsidiaries (in percent)     100.00%  
LCFH | LCFH        
ORGANIZATION AND OPERATIONS        
Ownership interest in LCFH     55.60%