XML 69 R47.htm IDEA: XBRL DOCUMENT v3.6.0.2
ORGANIZATION AND OPERATIONS (Details)
$ / shares in Units, $ in Millions
11 Months Ended 12 Months Ended
Feb. 11, 2014
USD ($)
shares
Dec. 31, 2014
Dec. 31, 2016
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%    
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   71,586,170 55,209,849  
Shares issued to the Exchanging Existing Owners 33,672,192        
Class B common stock          
ORGANIZATION AND OPERATIONS          
Shares outstanding 48,537,414   38,002,344 44,055,987  
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        
LCFH | Class A common stock          
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        
Series REIT          
ORGANIZATION AND OPERATIONS          
Percentage of investment of operating partner 51.90%        
Limited partners ownership interest (in percent) 48.10%        
Series REIT | LCFH          
ORGANIZATION AND OPERATIONS          
Ownership interest in subsidiaries (in percent) 100.00%        
Series TRS | LCFH          
ORGANIZATION AND OPERATIONS          
Ownership interest in subsidiaries (in percent) 100.00%        
LCFH | LCFH          
ORGANIZATION AND OPERATIONS          
Ownership interest in LCFH     65.30%