| In millions, except per share items | Dec-31-19 | Dec-31-18 | Dec-31-17 | Dec-31-16 | Dec-31-15 | Dec-31-14 | Dec-31-13 | Dec-31-12 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Real estate segment | | | | | | | 330.2 | 311.0 |
| Real estate-related segment | | | | | | | 30.4 | 37.1 |
| Corporate-level | | | | | | | 0.5 | |
| Total revenues [+] | 112.1 | 142.2 | 149.5 | 155.5 | 165.3 | 279.4 | 360.6 | 348.1 |
| Tenant reimbursements | | | | 14.1 | 14.7 | 43.5 | 61.2 | 53.4 |
| Lease / rental | | | | 133.4 | 138.7 | 212.5 | 258.5 | 247.2 |
| Net interest income | | | | | | | 0.0 | |
| Other real estate | | | | 6.9 | 7.2 | | | |
| Other income | | | | | | 441.5 | 29.1 | 14.9 |
| Revenue growth [+] | -21.2% | -4.8% | -3.9% | -6.0% | -40.8% | -22.5% | 3.6% | 9.1% |
| Real estate segment | | | | | | | 6.2% | 10.0% |
| Real estate-related segment | | | | | | | -18.1% | 1.8% |
| Cost of goods sold [+] | 62.8 | 65.4 | 66.2 | 54.7 | 56.6 | 95.2 | 116.6 | 106.8 |
| Related party costs | 10.2 | 10.9 | 11.6 | | | | | |
| Real estate taxes and insurance | 18.1 | 19.3 | 19.8 | 20.1 | 20.5 | 36.4 | 48.6 | 42.4 |
| Real estate or leased property costs | 34.5 | 35.2 | 34.7 | 34.6 | 36.1 | 58.7 | 68.0 | 64.5 |
| Gross profit | 49.3 | 76.8 | 83.3 | 100.7 | 108.7 | 184.2 | 244.1 | 241.3 |
| Gross margin | 44.0% | 54.0% | 55.7% | 64.8% | 65.8% | 65.9% | 67.7% | 69.3% |
| Selling, general and administrative [+] | 6.0 | 6.0 | 4.5 | 6.4 | 4.5 | 5.1 | 5.0 | 4.6 |
| General and administrative | 6.0 | 6.0 | 4.5 | 6.4 | 4.5 | 5.1 | 5.0 | 4.6 |
| Other operating expenses | 1.1 | 1.4 | 0.4 | -6.9 | -43.1 | -281.2 | -61.2 | -71.8 |
| EBITDA [+] | 42.2 | 69.4 | 78.4 | 101.3 | 147.3 | 460.3 | 300.3 | 308.5 |
| EBITDA growth | -39.2% | -11.5% | -22.6% | -31.2% | -68.0% | 53.3% | -2.7% | 11.6% |
| EBITDA margin | 37.6% | 48.8% | 52.4% | 65.1% | 89.1% | 164.8% | 83.3% | 88.6% |
| Depreciation | 40.9 | 50.2 | 54.0 | 58.8 | 56.3 | 78.0 | 120.8 | 122.8 |
| EBITA | 1.3 | 19.2 | 24.3 | 42.5 | 91.0 | 382.4 | 179.5 | 185.7 |
| EBITA margin | 1.2% | 13.5% | 16.3% | 27.3% | 55.1% | 136.8% | 49.8% | 53.3% |
| Amortization of intangibles | | | | | | | | 2.1 |
| EBIT [+] | 1.3 | 19.2 | 24.3 | 42.5 | 91.0 | 382.4 | 179.5 | 183.6 |
| EBIT growth | -93.2% | -21.1% | -42.7% | -53.3% | -76.2% | 113.0% | -2.2% | 15.9% |
| EBIT margin | 1.2% | 13.5% | 16.3% | 27.3% | 55.1% | 136.8% | 49.8% | 52.7% |
| Non-recurring items [+] | 14.3 | | | | 23.1 | | 0.6 | |
| Asset impairment | 14.3 | | | | 23.1 | | | |
| Interest expense, net [+] | 16.6 | 16.7 | 17.1 | 16.1 | 21.8 | 62.7 | 65.6 | 58.4 |
| Interest expense | 17.2 | 17.9 | 17.5 | 16.7 | 22.1 | 62.9 | 65.7 | 58.4 |
| Interest income | 0.6 | 1.2 | 0.4 | 0.5 | 0.3 | 0.2 | 0.0 | 0.0 |
| Other income (expense), net [+] | 31.4 | 26.0 | 17.9 | -9.6 | -27.7 | 125.9 | -57.5 | -79.2 |
| Unrealized gain (loss) on marketable securities | | | | | | -0.3 | | |
| Gain (loss) on debt retirement | -0.5 | -0.2 | | | | | | |
| Other | | | | -9.6 | -27.7 | | | |
| Pre-tax income | 1.8 | 28.5 | 25.1 | 16.7 | 18.4 | 445.5 | 55.8 | 46.0 |
| Income taxes | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -2.4 |
| Tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | |
| Earnings from continuing ops | 1.8 | 28.5 | 25.1 | 16.7 | 18.4 | 445.5 | 55.8 | 41.1 |
| Earnings from discontinued ops | | | | | | | | 4.9 |
| Net income | 1.8 | 28.5 | 25.1 | 16.7 | 18.4 | 445.5 | 55.8 | 46.0 |
| Net margin | 1.6% | 20.1% | 16.8% | 10.8% | 11.1% | 159.5% | 15.5% | 13.2% |
| |
| Basic EPS [+] | $0.01 | $0.15 | $0.13 | $0.09 | $0.10 | $2.33 | $0.29 | $0.22 |
| Growth | -93.8% | 14.3% | 50.7% | -8.3% | -95.9% | 703.0% | 34.7% | 88.1% |
| Diluted EPS [+] | $0.01 | $0.15 | $0.13 | $0.09 | $0.10 | $2.33 | $0.29 | $0.22 |
| Growth | -93.8% | 14.3% | 50.7% | -8.3% | -95.9% | 703.0% | 34.7% | 88.1% |
| |
| Dividends per share [+] | $0.65 | $0.25 | $0.27 | $0.28 | $0.29 | $5.07 | $0.70 | $0.65 |
| Growth | 164.9% | -10.6% | -2.5% | -4.1% | -94.2% | 619.6% | 8.3% | 0.0% |
| |
| Shares outstanding (basic) [+] | 185.9 | 187.1 | 188.2 | 189.1 | 190.2 | 191.3 | 192.4 | 190.8 |
| Growth | -0.7% | -0.6% | -0.5% | -0.6% | -0.6% | -0.5% | 0.8% | 0.6% |
| Shares outstanding (diluted) [+] | 185.9 | 187.1 | 188.2 | 189.1 | 190.2 | 191.3 | 192.4 | 190.8 |
| Growth | -0.7% | -0.6% | -0.5% | -0.6% | -0.6% | -0.5% | 0.8% | 0.6% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |