XML 33 R22.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Segment Information | 9 Months Ended
--- | ---
Sep. 30, 2016
Segment Information |
Segment Information | 17.Segment Information We evaluate performance and make resource allocation decisions on an industry by industry basis. For financial reporting purposes, we have grouped our tenants into 47 activity segments. All of the properties are incorporated into one of the applicable segments. Because almost all of our leases require the tenant to pay operating expenses, rental revenue is the only component of segment profit and loss we measure. The following tables set forth certain information regarding the properties owned by us, classified according to the business of the respective tenants (dollars in thousands):
|  | September 30, |  | December 31,
Assets, as of: |  | 2016 |  | 2015
Segment net real estate: |  |  |  |
Apparel |  | $ | 176,015 |  | $ | 180,175
Automotive service |  | 154,929 |  | 129,068
Automotive tire services |  | 240,156 |  | 247,200
Beverages |  | 294,516 |  | 297,724
Child care |  | 50,510 |  | 52,391
Convenience stores |  | 704,757 |  | 723,092
Dollar stores |  | 1,130,030 |  | 1,158,948
Drug stores |  | 1,554,847 |  | 1,386,387
Financial services |  | 247,458 |  | 254,022
General merchandise |  | 218,785 |  | 195,030
Grocery stores |  | 428,373 |  | 333,388
Health and fitness |  | 828,317 |  | 839,872
Health care |  | 216,629 |  | 220,018
Home improvement |  | 286,140 |  | 268,974
Motor vehicle dealerships |  | 191,474 |  | 137,315
Restaurants-casual dining |  | 524,832 |  | 418,883
Restaurants-quick service |  | 549,319 |  | 467,330
Theaters |  | 371,086 |  | 371,617
Transportation services |  | 801,643 |  | 686,041
Wholesale club |  | 442,809 |  | 452,563
27 other non-reportable segments |  | 1,851,033 |  | 1,798,846
Total segment net real estate |  | 11,263,658 |  | 10,618,884
Intangible assets: |  |  |  |
Apparel |  | 44,869 |  | 48,116
Automotive service |  | 33,451 |  | 19,131
Automotive tire services |  | 11,950 |  | 13,202
Beverages |  | 2,345 |  | 2,538
Convenience stores |  | 14,740 |  | 15,843
Dollar stores |  | 52,645 |  | 56,420
Drug stores |  | 187,364 |  | 189,631
Financial services |  | 30,947 |  | 34,626
General merchandise |  | 39,780 |  | 41,301
Grocery stores |  | 61,380 |  | 42,823
Health and fitness |  | 64,949 |  | 65,037
Health care |  | 26,312 |  | 29,950
Home improvement |  | 44,493 |  | 42,630
Motor vehicle dealerships |  | 25,795 |  | 13,182
Restaurants-casual dining |  | 22,553 |  | 9,392
Restaurants-quick service |  | 44,153 |  | 32,612
Theaters |  | 14,785 |  | 17,673
Transportation services |  | 105,326 |  | 92,602
Wholesale club |  | 33,596 |  | 36,215
Other non-reportable segments |  | 226,215 |  | 231,493
Goodwill: |  |  |  |
Automotive service |  | 445 |  | 448
Automotive tire services |  | 862 |  | 865
Child care |  | 4,988 |  | 5,034
Convenience stores |  | 2,008 |  | 2,009
Restaurants-casual dining |  | 2,137 |  | 2,215
Restaurants-quick service |  | 1,071 |  | 1,082
Other non-reportable segments |  | 3,654 |  | 3,668
Other corporate assets |  | 169,982 |  | 176,757
Total assets |  | $ 12,536,453 |  | $ | 11,845,379
|  | Three months ended |  | Nine months ended |
|  | September 30, |  | September 30, |
Revenue |  | 2016 |  | 2015 |  | 2016 |  | 2015 |
Segment rental revenue: |  |  |  |  |  |  |  |  |
Apparel |  | $ 5,106 |  | $ 4,961 |  | $ 14,860 |  | $ 14,824 |
Automotive service |  | 5,322 |  | 4,690 |  | 14,814 |  | 13,806 |
Automotive tire services |  | 7,135 |  | 7,132 |  | 21,618 |  | 21,503 |
Beverages |  | 7,027 |  | 6,397 |  | 19,836 |  | 19,053 |
Child care |  | 4,909 |  | 5,030 |  | 14,846 |  | 14,914 |
Convenience stores |  | 22,757 |  | 22,608 |  | 68,410 |  | 67,681 |
Dollar stores |  | 22,652 |  | 22,086 |  | 67,975 |  | 65,976 |
Drug stores |  | 29,230 |  | 27,349 |  | 86,288 |  | 75,832 |
Financial services |  | 4,267 |  | 4,259 |  | 12,832 |  | 12,787 |
General merchandise |  | 5,149 |  | 4,169 |  | 13,702 |  | 12,034 |
Grocery stores |  | 8,331 |  | 7,501 |  | 23,452 |  | 22,504 |
Health and fitness |  | 21,444 |  | 21,238 |  | 64,293 |  | 54,648 |
Health care |  | 4,051 |  | 4,012 |  | 12,116 |  | 12,044 |
Home improvement |  | 6,732 |  | 6,155 |  | 18,884 |  | 16,839 |
Motor vehicle dealerships |  | 5,215 |  | 3,525 |  | 15,025 |  | 11,285 |
Restaurants-casual dining |  | 10,951 |  | 9,376 |  | 31,364 |  | 28,119 |
Restaurants-quick service |  | 13,056 |  | 9,956 |  | 38,329 |  | 29,985 |
Theaters |  | 12,689 |  | 12,288 |  | 38,846 |  | 36,764 |
Transportation services |  | 15,196 |  | 12,573 |  | 42,038 |  | 37,775 |
Wholesale club |  | 9,368 |  | 9,341 |  | 28,107 |  | 28,024 |
27 other non-reportable segments |  | 44,745 |  | 42,932 |  | 134,554 |  | 127,734 |
Total rental revenue |  | 265,332 |  | 247,578 |  | 782,189 |  | 724,131 |
Tenant reimbursements |  | 11,524 |  | 10,187 |  | 31,741 |  | 31,757 |
Other revenue |  | 318 |  | 1,124 |  | 1,399 |  | 3,729 |
Total revenue |  | $ 277,174 |  | $ 258,889 |  | $ 815,329 |  | $ 759,617 |

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration