XML 15 R5.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
Total
Common Shares
Capital in Excess of Par
Accumulated Deficit
Net Parent Investment
SMTA Preferred Shares
SubREIT Preferred Shares
Beginning Balance at Dec. 31, 2017 $ 0         $ 0 $ 0
Beginning Balance (in shares) at Dec. 31, 2017           0 0
Ending Balance at Mar. 31, 2018 0         $ 0 $ 0
Ending Balance (in shares) at Mar. 31, 2018           0 0
Beginning Balance at Dec. 31, 2017 390,918,000 $ 0 $ 0 $ 0 $ 390,918,000    
Beginning Balance (in shares) at Dec. 31, 2017   0          
Shareholders' Equity              
Net income (loss) (7,579,000)       (7,579,000)    
Contributions from parent company 49,819,000       49,819,000    
Distributions to parent company (158,396,000)       (158,396,000)    
Ending Balance at Mar. 31, 2018 274,762,000 $ 0 0 0 274,762,000    
Ending Balance (in shares) at Mar. 31, 2018   0          
Beginning Balance at Dec. 31, 2017 0         $ 0 $ 0
Beginning Balance (in shares) at Dec. 31, 2017           0 0
Ending Balance at Jun. 30, 2018 155,000,000         $ 150,000,000 $ 5,000,000
Ending Balance (in shares) at Jun. 30, 2018           6,000,000 5,000
Beginning Balance at Dec. 31, 2017 390,918,000 $ 0 0 0 390,918,000    
Beginning Balance (in shares) at Dec. 31, 2017   0          
Shareholders' Equity              
Net income (loss) (6,600,000)            
Dividends declared on common shares 0            
Ending Balance at Jun. 30, 2018 202,325,000 $ 429,000 199,998,000 1,898,000 0    
Ending Balance (in shares) at Jun. 30, 2018   42,851,010          
Beginning Balance at Mar. 31, 2018 0         $ 0 $ 0
Beginning Balance (in shares) at Mar. 31, 2018           0 0
Redeemable Preferred Equity              
Issuance of preferred shares, net 155,000,000         $ 150,000,000 $ 5,000,000
Issuance of preferred shares, net (in shares)           6,000,000 5,000
Ending Balance at Jun. 30, 2018 155,000,000         $ 150,000,000 $ 5,000,000
Ending Balance (in shares) at Jun. 30, 2018           6,000,000 5,000
Beginning Balance at Mar. 31, 2018 274,762,000 $ 0 0 0 274,762,000    
Beginning Balance (in shares) at Mar. 31, 2018   0          
Shareholders' Equity              
Net income (loss) 979,000     3,223,000 (2,244,000)    
Contributions from parent company 124,696,000       124,696,000    
Distributions to parent company (41,787,000)       (41,787,000)    
Issuance of shares of common stock, net   $ 429,000 199,998,000   (200,427,000)    
Issuance of shares of common stock, net (in shares)   42,851,010          
Issuance of preferred shares, net (155,000,000)       (155,000,000)    
Dividends declared on common shares 0            
Dividends declared on preferred shares (1,325,000)     (1,325,000)      
Ending Balance at Jun. 30, 2018 202,325,000 $ 429,000 199,998,000 1,898,000 0    
Ending Balance (in shares) at Jun. 30, 2018   42,851,010          
Beginning Balance at Dec. 31, 2018 155,125,000         $ 150,000,000 $ 5,125,000
Beginning Balance (in shares) at Dec. 31, 2018           6,000,000 5,125
Ending Balance at Mar. 31, 2019 155,125,000         $ 150,000,000 $ 5,125,000
Ending Balance (in shares) at Mar. 31, 2019           6,000,000 5,125
Beginning Balance at Dec. 31, 2018 (89,585,000) $ 430,000 201,056,000 (291,071,000) 0    
Beginning Balance (in shares) at Dec. 31, 2018   43,000,862          
Shareholders' Equity              
Net income (loss) (38,270,000)     (38,270,000)      
Issuance of preferred shares, net (25,000)   (25,000)        
Dividends declared on common shares (14,218,000)     (14,218,000)      
Dividends declared on preferred shares (3,975,000)     (3,975,000)      
Share-based compensation, net 785,000 $ 1,000 793,000 (9,000)      
Share-based compensation, net (in shares)   89,513          
Tax withholdings related to net stock settlements (36,000)     (36,000)      
Tax withholdings related to net stock settlements (in shares)   (4,624)          
Ending Balance at Mar. 31, 2019 (145,324,000) $ 431,000 201,824,000 (347,579,000) 0    
Ending Balance (in shares) at Mar. 31, 2019   43,085,751          
Beginning Balance at Dec. 31, 2018 155,125,000         $ 150,000,000 $ 5,125,000
Beginning Balance (in shares) at Dec. 31, 2018           6,000,000 5,125
Ending Balance at Jun. 30, 2019 155,125,000         $ 150,000,000 $ 5,125,000
Ending Balance (in shares) at Jun. 30, 2019           6,000,000 5,125
Beginning Balance at Dec. 31, 2018 (89,585,000) $ 430,000 201,056,000 (291,071,000) 0    
Beginning Balance (in shares) at Dec. 31, 2018   43,000,862          
Shareholders' Equity              
Net income (loss) (54,836,000)            
Dividends declared on common shares (28,500,000)            
Ending Balance at Jun. 30, 2019 (179,684,000) $ 432,000 202,264,000 (382,380,000) 0    
Ending Balance (in shares) at Jun. 30, 2019   43,159,931          
Beginning Balance at Mar. 31, 2019 155,125,000         $ 150,000,000 $ 5,125,000
Beginning Balance (in shares) at Mar. 31, 2019           6,000,000 5,125
Ending Balance at Jun. 30, 2019 155,125,000         $ 150,000,000 $ 5,125,000
Ending Balance (in shares) at Jun. 30, 2019           6,000,000 5,125
Beginning Balance at Mar. 31, 2019 (145,324,000) $ 431,000 201,824,000 (347,579,000) 0    
Beginning Balance (in shares) at Mar. 31, 2019   43,085,751          
Shareholders' Equity              
Net income (loss) (16,566,000)     (16,566,000)      
Dividends declared on common shares (14,243,000)     (14,243,000)      
Dividends declared on preferred shares (3,983,000)     (3,983,000)      
Share-based compensation, net 432,000 $ 1,000 440,000 (9,000)      
Share-based compensation, net (in shares)   74,180          
Ending Balance at Jun. 30, 2019 $ (179,684,000) $ 432,000 $ 202,264,000 $ (382,380,000) $ 0    
Ending Balance (in shares) at Jun. 30, 2019   43,159,931