10-Q Filing

INNOVATIVE INDUSTRIAL PROPERTIES INC CIK: 1677576 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001104659-19-061094`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	iipr-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 68 Cash Flow Statement 65 Stockholders Equity 37

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$37.96M	USD	Point-in-time
Land	`Land`	$20.48M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$231.25M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$109.42M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$43.40M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$14.73M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$6.30M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	-	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total real estate, at cost	`RealEstateInvestmentPropertyAtCost`	$150.93M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Total real estate, at cost	`RealEstateInvestmentPropertyAtCost`	$312.61M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$8.62M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$3.57M	USD	Point-in-time
Net real estate held for investment	`RealEstateInvestmentPropertyNet`	$147.36M	USD	Point-in-time
Net real estate held for investment	`RealEstateInvestmentPropertyNet`	$303.98M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.92M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$9.35M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Restricted Cash	`RestrictedCash`	-	USD	Point-in-time
Short-term investments, net	`ShortTermInvestments`	$120.44M	USD	Point-in-time
Short-term investments, net	`ShortTermInvestments`	$208.83M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	11.37M	shares	Point-in-time
Other assets, net	`OtherAssets`	$1.07M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	9.78M	shares	Point-in-time
Other assets, net	`OtherAssets`	$614.00K	USD	Point-in-time
Total assets	`Assets`	$623.15M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	9.78M	shares	Point-in-time
Total assets	`Assets`	$281.47M	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	11.37M	shares	Point-in-time
Exchangeable senior notes, net	`ConvertibleDebt`	-	USD	Point-in-time
Exchangeable senior notes, net	`ConvertibleDebt`	$134.16M	USD	Point-in-time
Tenant improvements and construction funding payable	`TenantImprovementsAndConstructionPayable`	$2.43M	USD	Point-in-time
Tenant improvements and construction funding payable	`TenantImprovementsAndConstructionPayable`	$12.70M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.97M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.04M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$9.20M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$2.71M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$3.76M	USD	Point-in-time
Offering cost liability	`OfferingCostsLiability`	$62.00K	USD	Point-in-time
Offering cost liability	`OfferingCostsLiability`	-	USD	Point-in-time
Rent received in advance and tenant security deposits	`RentsReceivedInAdvanceAndTenantSecurityDeposit`	$9.01M	USD	Point-in-time
Rent received in advance and tenant security deposits	`RentsReceivedInAdvanceAndTenantSecurityDeposit`	$16.20M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$173.37M	USD	Point-in-time
Commitments and contingencies (Notes 6 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 6 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share, 50,000,000 shares authorized: 9.00% Series A cumulative redeemable preferred stock, $15,000 liquidation preference ($25.00 per share), 600,000 shares issued and outstanding at September 30, 2019 and December 31, 2018	`PreferredStockValue`	$14.01M	USD	Point-in-time
Preferred stock, par value $0.001 per share, 50,000,000 shares authorized: 9.00% Series A cumulative redeemable preferred stock, $15,000 liquidation preference ($25.00 per share), 600,000 shares issued and outstanding at September 30, 2019 and December 31, 2018	`PreferredStockValue`	$14.01M	USD	Point-in-time
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 11,367,828 and 9,775,800 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 11,367,828 and 9,775,800 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$11.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$260.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$452.63M	USD	Point-in-time
Dividends in excess of earnings	`DividendInExcessOfEarnings`	$-10.27M	USD	Point-in-time
Dividends in excess of earnings	`DividendInExcessOfEarnings`	$-16.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$73.55M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$151.09M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$151.59M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$266.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$449.78M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$264.29M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$281.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$623.15M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$3.72M	USD	1 Quarter
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$11.20M	USD	1 Quarter
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$9.64M	USD	3 Qtrs
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$26.05M	USD	3 Qtrs
Tenant reimbursements	`TenantsReimbursements`	$210.00K	USD	1 Quarter
Tenant reimbursements	`TenantsReimbursements`	$357.00K	USD	1 Quarter
Tenant reimbursements	`TenantsReimbursements`	$365.00K	USD	3 Qtrs
Tenant reimbursements	`TenantsReimbursements`	$941.00K	USD	3 Qtrs
Total revenues	`Revenues`	$10.00M	USD	3 Qtrs
Total revenues	`Revenues`	$11.55M	USD	1 Quarter
Total revenues	`Revenues`	$3.93M	USD	1 Quarter
Total revenues	`Revenues`	$27.00M	USD	3 Qtrs
Property expenses	`LeaseCost`	$210.00K	USD	1 Quarter
Property expenses	`LeaseCost`	$357.00K	USD	1 Quarter
Property expenses	`LeaseCost`	$365.00K	USD	3 Qtrs
Property expenses	`LeaseCost`	$941.00K	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$6.67M	USD	3 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$1.44M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.16M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$4.39M	USD	3 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$2.22M	USD	1 Quarter
Depreciation expense	`DepreciationDepletionAndAmortization`	$1.72M	USD	3 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$5.05M	USD	3 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$703.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$4.73M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$2.35M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$6.47M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$12.66M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$3.53M	USD	3 Qtrs
Income from operations	`OperatingIncomeLoss`	$6.82M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.57M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$14.33M	USD	3 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$261.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeInterest`	$3.70M	USD	3 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$788.00K	USD	3 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$1.54M	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$1.84M	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.46M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$13.57M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.83M	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.01M	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$338.00K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$1.01M	USD	3 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$338.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.56M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.31M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.18M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.49M	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.50	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$1.22	USD	3 Qtrs
Basic	`EarningsPerShareBasic`	$0.56	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.55	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$1.20	USD	3 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.49	USD	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.39M	shares	3 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.92M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.64M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	10.09M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.79M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.53M	shares	3 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.06M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	10.23M	shares	3 Qtrs

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$13.57M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.83M	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$2.22M	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$1.72M	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$5.05M	USD	3 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$703.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$1.84M	USD	3 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.08M	USD	3 Qtrs
Amortization of discounts on short-term investments	`AmortizationOfDiscountsOnShortTermInvestments`	$-332.00K	USD	3 Qtrs
Amortization of discounts on short-term investments	`AmortizationOfDiscountsOnShortTermInvestments`	$-2.87M	USD	3 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$1.18M	USD	3 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	3 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$-46.00K	USD	3 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$37.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-924.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$97.00K	USD	3 Qtrs
Rent received in advance and tenant security deposits	`IncreaseDecreaseInRentsReceivedInAdvanceAndTenantSecurityDeposit`	$2.71M	USD	3 Qtrs
Rent received in advance and tenant security deposits	`IncreaseDecreaseInRentsReceivedInAdvanceAndTenantSecurityDeposit`	$7.18M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.09M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$9.55M	USD	3 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$107.64M	USD	3 Qtrs
Acquisitions of real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$27.18M	USD	3 Qtrs
Reimbursements of tenant improvements and construction funding	`PaymentsForTenantImprovements`	$11.12M	USD	3 Qtrs
Reimbursements of tenant improvements and construction funding	`PaymentsForTenantImprovements`	$43.77M	USD	3 Qtrs
Deposits in escrow for acquisitions	`PaymentOfDepositsToEscrowForAcquisition`	$500.00K	USD	3 Qtrs
Deposits in escrow for acquisitions	`PaymentOfDepositsToEscrowForAcquisition`	-	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$65.15M	USD	3 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$249.01M	USD	3 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$163.50M	USD	3 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$61.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-237.43M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-41.95M	USD	3 Qtrs
Issuance of common stock, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$185.69M	USD	3 Qtrs
Issuance of common stock, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$79.31M	USD	3 Qtrs
Net proceeds from issuance of exchangeable senior notes	`ProceedsFromIssuanceOfExchangeOfSeniorNotes`	-	USD	3 Qtrs
Net proceeds from issuance of exchangeable senior notes	`ProceedsFromIssuanceOfExchangeOfSeniorNotes`	$138.54M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$4.27M	USD	3 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$13.72M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$1.01M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$999.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$390.00K	USD	3 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$939.00K	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$73.66M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$308.56M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$96.22M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$41.26M	USD	3 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.27M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$53.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$109.27M	USD	Point-in-time
Cash paid during the period for interest	`InterestPaidNet`	$3.06M	USD	3 Qtrs
Cash paid during the period for interest	`InterestPaidNet`	-	USD	3 Qtrs
Accrual for reimbursements of tenant improvements and construction funding	`AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding`	$12.70M	USD	3 Qtrs
Accrual for reimbursements of tenant improvements and construction funding	`AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding`	$4.34M	USD	3 Qtrs
Accrual for common and preferred stock dividends declared	`DividendsPayableCurrentAndNoncurrent`	$9.20M	USD	Point-in-time
Accrual for common and preferred stock dividends declared	`DividendsPayableCurrentAndNoncurrent`	$2.71M	USD	Point-in-time
Accrual for common and preferred stock dividends declared	`DividendsPayableCurrentAndNoncurrent`	$3.76M	USD	Point-in-time
Accrual for stock issuance costs	`PaymentsOfStockIssuanceCosts`	$21.00K	USD	3 Qtrs
Accrual for stock issuance costs	`PaymentsOfStockIssuanceCosts`	$62.00K	USD	3 Qtrs

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Balances at beginning of period	`StockholdersEquity`	$73.55M	USD	Point-in-time
Balances at beginning of period	`StockholdersEquity`	$151.09M	USD	Point-in-time
Balances at beginning of period	`StockholdersEquity`	$151.59M	USD	Point-in-time
Balances at beginning of period	`StockholdersEquity`	$266.19M	USD	Point-in-time
Balances at beginning of period	`StockholdersEquity`	$449.78M	USD	Point-in-time
Balances at beginning of period	`StockholdersEquity`	$264.29M	USD	Point-in-time
Net income	`NetIncomeLoss`	$6.52M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.32M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$13.57M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$1.83M	USD	1 Quarter
Equity component of exchangeable senior notes	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$5.57M	USD	3 Qtrs
Equity component of exchangeable senior notes	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	-	USD	3 Qtrs
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueSaleOfCommonStock`	$185.62M	USD	3 Qtrs
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueSaleOfCommonStock`	$185.62M	USD	1 Quarter
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueSaleOfCommonStock`	$79.31M	USD	3 Qtrs
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-390.00K	USD	3 Qtrs
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-939.00K	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$338.00K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$338.00K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$1.01M	USD	3 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$1.01M	USD	3 Qtrs
Common stock dividend	`DividendsCommonStockCash`	$2.38M	USD	1 Quarter
Common stock dividend	`DividendsCommonStockCash`	$19.16M	USD	3 Qtrs
Common stock dividend	`DividendsCommonStockCash`	$5.77M	USD	3 Qtrs
Common stock dividend	`DividendsCommonStockCash`	$8.87M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.08M	USD	3 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$386.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$655.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.84M	USD	3 Qtrs
Balances at end of period	`StockholdersEquity`	$73.55M	USD	Point-in-time
Balances at end of period	`StockholdersEquity`	$151.09M	USD	Point-in-time
Balances at end of period	`StockholdersEquity`	$151.59M	USD	Point-in-time
Balances at end of period	`StockholdersEquity`	$266.19M	USD	Point-in-time
Balances at end of period	`StockholdersEquity`	$449.78M	USD	Point-in-time
Balances at end of period	`StockholdersEquity`	$264.29M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.