XML 135 R114.htm IDEA: XBRL DOCUMENT v3.3.1.900
Business Combination (Details)
$ in Thousands, ft² in Millions
3 Months Ended 12 Months Ended
Oct. 08, 2013
USD ($)
ft²
bldg
Dec. 31, 2015
USD ($)
Sep. 30, 2015
USD ($)
Jun. 30, 2015
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Sep. 30, 2014
USD ($)
Jun. 30, 2014
USD ($)
Mar. 31, 2014
USD ($)
Dec. 31, 2015
USD ($)
shares
Dec. 31, 2014
USD ($)
shares
Dec. 31, 2013
USD ($)
shares
Sep. 27, 2013
USD ($)
Business Combination, Costs Incurred or to be Incurred [Abstract]                          
Deferred financing costs   $ 11,917       $ 11,917       $ 11,917 $ 11,917    
Debt Instrument, Face Amount   3,154,987               3,154,987      
Business Acquisition, Pro Forma Information [Abstract]                          
Operating revenue   $ 199,382 $ 198,972 $ 203,518 $ 206,901 $ 203,685 $ 198,356 $ 192,960 $ 197,630 808,773 792,631 $ 645,930  
Operating Income (Loss)                   $ 257,132 $ 257,306 $ 202,799  
Senior Notes [Member] | 4.40% senior unsecured note [Member]                          
Business Combination, Costs Incurred or to be Incurred [Abstract]                          
Debt Instrument, Face Amount                         $ 450,000
Common Stock [Member]                          
Business Combination, Costs Incurred or to be Incurred [Abstract]                          
Number of common shares issued | shares                   1,328,017 1,957,378 27,968,740  
Cabot Industrial Value Fund III [Member]                          
Business Combination, Description [Abstract]                          
Name of Acquired Entity Cabot Industrial Fund III Operating Partnership, L.P.                        
Percentage of Voting Interests Acquired 100.00%                        
Leaseable square feet (unaudited) | ft² 23.0                        
Business Acquisition, Date of Acquisition [Abstract]                          
Date of Acquisition Oct. 08, 2013                        
Business Combination, Consideration Transferred [Abstract]                          
Total purchase price of acquisition $ 1,469,000                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Assets [Abstract]                          
Land and land improvements 247,393                        
Building and improvements 1,152,717                        
Operating real estate 1,400,110                        
Intangible - in-place leases/market rent 97,396                        
Other assets 4,953                        
Total assets 1,502,459                        
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Liabilities [Abstract]                          
Mortgage loans 243,230                        
Other liabilities 32,958                        
Intangible market rent 5,737                        
Total liabilities 281,925                        
Net assets acquired 1,220,534                        
Business Combination, Costs Incurred or to be Incurred [Abstract]                          
Acquisition costs                       $ 7,600  
Financing fees                       4,200  
Deferred financing costs 2,000                        
Mortgage loans acquired before fair value adjustment 229,800                        
Stock issuance costs                       35,300  
Business Acquisition, Pro Forma Information [Abstract]                          
Total operating revenue                       750,896  
Net income available to common shareholders                       211,601  
Operating revenue                       31,400  
Operating Income (Loss)                       $ 22,000  
Cabot Industrial Value Fund III [Member] | Mortgages [Member]                          
Business Combination, Consideration Transferred [Abstract]                          
Assumption of mortgage debt from acquisition $ 229,800                        
Cabot Industrial Value Fund III [Member] | Senior Notes [Member] | 4.40% senior unsecured note [Member]                          
Business Combination, Costs Incurred or to be Incurred [Abstract]                          
Deferred financing costs                         $ 3,900
Cabot Industrial Value Fund III [Member] | Common Stock [Member]                          
Business Combination, Costs Incurred or to be Incurred [Abstract]                          
Number of common shares issued | shares                       24,200,000  
Cabot Industrial Value Fund III [Member] | Leases, Acquired-in-Place [Member]                          
Acquired Finite-Lived Intangible Assets [Abstract]                          
Weighted average useful life of acquired of in-place lease intangible assets 4 years 5 months                        
Industrial Property [Member] | Cabot Industrial Value Fund III [Member]                          
Business Combination, Description [Abstract]                          
Number of buildings | bldg 177