10-Q Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001104659-19-061126`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	gmre-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 96 Income Statement 68 Cash Flow Statement 86 Stockholders Equity 47 Comprehensive Income 28

Balance Sheet 96 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$86.88M	USD	Point-in-time
Land	`Land`	$63.71M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$637.50M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$518.45M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$6.88M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$9.10M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$15.36M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$31.46M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$65.50M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$43.15M	USD	Point-in-time
Debt Instrument, Unamortized Discount	`DebtInstrumentUnamortizedDiscount`	$799.00K	USD	Point-in-time
Debt Instrument, Unamortized Discount	`DebtInstrumentUnamortizedDiscount`	$701.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Real Estate Investment Property, at Cost, Total	`RealEstateInvestmentPropertyAtCost`	$647.55M	USD	Point-in-time
Real Estate Investment Property, at Cost, Total	`RealEstateInvestmentPropertyAtCost`	$830.45M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$48.73M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$30.62M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$616.92M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$781.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.00M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.81M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$3.01M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$1.21M	USD	Point-in-time
Preferred Stock, Liquidation Preference, Value	`PreferredStockLiquidationPreferenceValue`	$77.62M	USD	Point-in-time
Preferred Stock, Liquidation Preference, Value	`PreferredStockLiquidationPreferenceValue`	$77.62M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$817.00K	USD	Point-in-time
Tenant receivables	`AccountsReceivableNet`	$2.90M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Tenant receivables	`AccountsReceivableNet`	$4.17M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Due from Related Parties	`DueFromRelatedParties`	$75.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Escrow deposits	`DepositsAssets`	$2.87M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	36.29M	shares	Point-in-time
Escrow deposits	`DepositsAssets`	$1.75M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	25.94M	shares	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$9.35M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	25.94M	shares	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$13.31M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	36.29M	shares	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$322.00K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$4.36M	USD	Point-in-time
Total assets	`Assets`	$636.10M	USD	Point-in-time
Total assets	`Assets`	$812.32M	USD	Point-in-time
Credit facility, net of unamortized discount of $3,983 and $3,922 at September 30, 2019 and December 31, 2018, respectively	`LineOfCredit`	$363.24M	USD	Point-in-time
Credit facility, net of unamortized discount of $3,983 and $3,922 at September 30, 2019 and December 31, 2018, respectively	`LineOfCredit`	$276.35M	USD	Point-in-time
Notes payable, net of unamortized discount of $701 and $799 at September 30, 2019 and December 31, 2018, respectively	`NotesPayable`	$38.65M	USD	Point-in-time
Notes payable, net of unamortized discount of $701 and $799 at September 30, 2019 and December 31, 2018, respectively	`NotesPayable`	$38.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$5.50M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$3.66M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$6.98M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$9.47M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$4.15M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$6.36M	USD	Point-in-time
Due to related parties, net	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.58M	USD	Point-in-time
Due to related parties, net	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.03M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$10.40M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$3.49M	USD	Point-in-time
Other liability	`OtherLiabilities`	$2.38M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$2.03M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$3.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$336.35M	USD	Point-in-time
Total liabilities	`Liabilities`	$440.88M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at September 30, 2019 and December 31, 2018, respectively (liquidation preference of $77,625 at September 30, 2019 and December 31, 2018, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at September 30, 2019 and December 31, 2018, respectively (liquidation preference of $77,625 at September 30, 2019 and December 31, 2018, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 36,290 shares and 25,944 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$26.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 36,290 shares and 25,944 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$36.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$340.44M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$243.04M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-63.85M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-45.01M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-3.72M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-10.60M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$340.99M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$269.30M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$30.45M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$30.45M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.01M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$371.44M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$254.66M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$255.51M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$361.60M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$636.10M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$812.32M	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$18.12M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$38.79M	USD	3 Qtrs
Rental revenue	`OperatingLeaseLeaseIncome`	$13.99M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$50.09M	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$78.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$27.00K	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$8.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$182.00K	USD	3 Qtrs
Total revenue	`Revenues`	$38.82M	USD	3 Qtrs
Total revenue	`Revenues`	$50.27M	USD	3 Qtrs
Total revenue	`Revenues`	$14.00M	USD	1 Quarter
Total revenue	`Revenues`	$18.20M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.40M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.93M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$1.68M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.17M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$941.00K	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$1.36M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$2.73M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$3.83M	USD	3 Qtrs
Management fees - related party	`ManagementFeeExpense`	$4.54M	USD	3 Qtrs
Management fees - related party	`ManagementFeeExpense`	$3.28M	USD	3 Qtrs
Management fees - related party	`ManagementFeeExpense`	$1.10M	USD	1 Quarter
Management fees - related party	`ManagementFeeExpense`	$1.62M	USD	1 Quarter
Depreciation expense	`Depreciation`	$5.01M	USD	1 Quarter
Depreciation expense	`Depreciation`	$9.96M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$13.48M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$3.61M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$1.50M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$2.65M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$3.76M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$953.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$10.68M	USD	3 Qtrs
Interest expense	`InterestExpense`	$12.71M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.55M	USD	1 Quarter
Preacquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	$294.00K	USD	3 Qtrs
Preacquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	$168.00K	USD	1 Quarter
Preacquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	$224.00K	USD	3 Qtrs
Preacquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	$168.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$12.23M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$15.89M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$33.76M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$43.46M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$6.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.77M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$32.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$83.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$246.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$59.00K	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$2.20M	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$632.00K	USD	3 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$770.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$286.00K	USD	1 Quarter
Net income attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.01	USD	1 Quarter
Net income attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.03	USD	3 Qtrs
Net income attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.07	USD	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	35.51M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	32.51M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.69M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.80M	shares	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.77M	USD	1 Quarter
Depreciation expense	`Depreciation`	$5.01M	USD	1 Quarter
Depreciation expense	`Depreciation`	$9.96M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$13.48M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$3.61M	USD	1 Quarter
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$2.65M	USD	3 Qtrs
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$3.76M	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$484.00K	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$634.00K	USD	3 Qtrs
Amortization of deferred financing costs and other	`OtherAmortizationOfDeferredCharges`	$1.00M	USD	3 Qtrs
Amortization of deferred financing costs and other	`OtherAmortizationOfDeferredCharges`	$1.33M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$2.49M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$868.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$741.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.98M	USD	3 Qtrs
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$132.00K	USD	3 Qtrs
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$162.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-82.00K	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$1.23M	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$1.04M	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.60M	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.96M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$154.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$126.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.43M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$911.00K	USD	3 Qtrs
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$1.80M	USD	3 Qtrs
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$2.21M	USD	3 Qtrs
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$479.00K	USD	3 Qtrs
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$41.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$26.68M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$19.10M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$133.85M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$181.44M	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$897.00K	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$774.00K	USD	3 Qtrs
Loans to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-49.00K	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$337.00K	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$2.01M	USD	3 Qtrs
Preacquisition costs	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$-257.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-182.67M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-136.43M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$3.21M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$96.80M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$75.19M	USD	Point-in-time
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$216.00K	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$216.00K	USD	3 Qtrs
Repayment of note payable	`RepaymentsOfRelatedPartyDebt`	$101.00K	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$164.45M	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$142.90M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$77.50M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$10.40M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$2.75M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$924.00K	USD	3 Qtrs
Redemption of LTIP Units	`PaymentsToMinorityShareholders`	$263.00K	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentsOfDividensCommonStockOpAndLtipUnits`	$-21.17M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentsOfDividensCommonStockOpAndLtipUnits`	$-14.07M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$4.37M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$4.37M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$156.98M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$114.04M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-3.29M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$983.00K	USD	3 Qtrs
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.11M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.83M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.11M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$5.83M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.84M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.82M	USD	Point-in-time
Cash payments for interest	`InterestPaidNet`	$9.11M	USD	3 Qtrs
Cash payments for interest	`InterestPaidNet`	$11.69M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$6.00M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$9.47M	USD	3 Qtrs
Initial recognition of lease liability related to right of use asset	`InitialRecognitionOfLeaseLiabilityRelatedToRightOfUseAsset`	$3.14M	USD	3 Qtrs
OP Units issued for property acquisition	`CapitalExpendituresIncurredButNotYetPaid`	$506.00K	USD	3 Qtrs
OP Units issued for property acquisition	`CapitalExpendituresIncurredButNotYetPaid`	$4.74M	USD	3 Qtrs
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	$302.00K	USD	3 Qtrs
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	$22.00K	USD	3 Qtrs
LTIP Units and OP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$630.00K	USD	3 Qtrs
Accrued pre acquisition costs for purchase of properties and tenant improvements	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$901.00K	USD	3 Qtrs
Accrued pre acquisition costs for purchase of properties and tenant improvements	`ConstructionInProgressExpendituresIncurredButNotYetPaid`	$774.00K	USD	3 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.01M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.75M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$371.44M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$254.66M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$255.51M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$361.60M	USD	Point-in-time
Net income	`NetIncomeLoss`	$6.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.77M	USD	1 Quarter
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$3.45M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$3.45M	USD	1 Quarter
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$96.78M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$17.51M	USD	1 Quarter
Reclassification of deferred offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$302.00K	USD	1 Quarter
Reclassification of deferred offering costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$302.00K	USD	3 Qtrs
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	3 Qtrs
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwap`	$-109.00K	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwap`	$-109.00K	USD	1 Quarter
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwap`	$-6.88M	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwap`	$-1.30M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$741.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$868.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.49M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.98M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$7.22M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$21.04M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$13.05M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$4.40M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStock`	$4.37M	USD	3 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStock`	$4.37M	USD	3 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.62M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$555.00K	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.49M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$869.00K	USD	1 Quarter
OP Units issued to third parties	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$4.74M	USD	3 Qtrs
OP Units issued to third parties	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$506.00K	USD	3 Qtrs
LTIP Units redeemed for cash	`NoncontrollingInterestInNetIncomeLossLimitedPartnershipsRedeemable`	$263.00K	USD	3 Qtrs
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$259.01M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.75M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$371.44M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$254.66M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$255.51M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$361.60M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$6.81M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$5.06M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$2.31M	USD	1 Quarter
Net income	`NetIncomeLoss`	$1.77M	USD	1 Quarter
Decrease in fair value of interest rate swap agreement	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-1.30M	USD	1 Quarter
Decrease in fair value of interest rate swap agreement	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-6.88M	USD	3 Qtrs
Decrease in fair value of interest rate swap agreement	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-109.00K	USD	1 Quarter
Decrease in fair value of interest rate swap agreement	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-109.00K	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-6.88M	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-109.00K	USD	3 Qtrs
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-109.00K	USD	1 Quarter
Total other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-1.30M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-62.00K	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.66M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$1.00M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$4.95M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$48.00K	USD	3 Qtrs
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-442.00K	USD	3 Qtrs
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-44.00K	USD	1 Quarter
Less: Comprehensive loss (income) attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$21.00K	USD	1 Quarter
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-3.99M	USD	3 Qtrs
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-406.00K	USD	1 Quarter
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$534.00K	USD	3 Qtrs
Comprehensive (loss) income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$188.00K	USD	1 Quarter

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