XML 50 R16.htm IDEA: XBRL DOCUMENT v2.4.0.6
Significant Tenant
3 Months Ended
Mar. 31, 2013
Significant Tenant  
Significant Tenant

Note 10. Significant Tenant

 

TA is the lessee of 38% of our real estate properties, at cost, as of March 31, 2013.  The following table presents summary financial information for TA for the three months ended March 31, 2013, as reported in its Quarterly Report on Form 10-Q, or TA’s Quarterly Report: 

 

 

 

For the Three Months Ended

 

 

 

March 31,

 

 

 

2013

 

2012

 

Operations

 

 

 

 

 

Total revenues

 

$

1,957,351

 

$

1,994,869

 

Total cost of goods sold

 

1,693,544

 

1,751,517

 

Net loss

 

(12,139

)

(14,185

)

 

 

 

 

 

 

Cash Flows

 

 

 

 

 

Net cash provided by operating activities

 

15,281

 

4,471

 

Net cash used in investing activities

 

(19,486

)

(27,231

)

Net cash provided by (used in) financing activities

 

104,989

 

(571

)

Net increase (decrease) in cash

 

100,775

 

(23,318

)

Cash and cash equivalents at the beginning of the period

 

35,189

 

118,255

 

Cash and cash equivalents at the end of the period

 

135,964

 

94,937

 

 

 

 

As of March 31,

 

 

 

2013

 

2012

 

Financial Position

 

 

 

 

 

Current assets

 

$

553,562

 

$

492,615

 

Noncurrent assets

 

631,469

 

540,008

 

Current liabilities

 

354,576

 

319,648

 

Noncurrent liabilities

 

488,522

 

407,903

 

Total shareholders’ equity

 

341,933

 

305,072

 

 

The summary financial information of TA is presented to comply with applicable accounting regulations of the Securities and Exchange Commission, or the SEC.  References in our financial statements to TA’s Quarterly Report are included to show the source of the information only, and the other information in TA’s Quarterly Report is not incorporated by reference into these financial statements.  See Note 11 for further information relating to our TA leases.