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10-K Filing

INNOVATIVE INDUSTRIAL PROPERTIES INC CIK: 1677576 FY 2019
Filing Information
Form Type 10-K
Accession Number 0001104659-20-027821
Period End Date 20191231
Filing Date 20200302
Fiscal Year 2019
Fiscal Period FY
XBRL Instance iipr-20191231.xml
Filing Contents
Balance Sheet 70 line items
Line Item Tag Value Unit Period
Land Land $48.65M USD Point-in-time
Land Land $20.48M USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $382.04M USD Point-in-time
Buildings and improvements InvestmentBuildingAndBuildingImprovements $109.42M USD Point-in-time
Tenant improvements TenantImprovements $87.34M USD Point-in-time
Tenant improvements TenantImprovements $14.73M USD Point-in-time
Construction in progress ConstructionInProgressGross - USD Point-in-time
Construction in progress ConstructionInProgressGross $6.30M USD Point-in-time
Preferred Stock, Par or Stated Value Per Share PreferredStockParOrStatedValuePerShare $0.00 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
Total real estate, at cost RealEstateInvestmentPropertyAtCost $518.03M USD Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Preferred Stock, Shares Authorized PreferredStockSharesAuthorized 50.00M shares Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $12.17M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $3.57M USD Point-in-time
Net real estate held for investment RealEstateInvestmentPropertyNet $505.86M USD Point-in-time
Net real estate held for investment RealEstateInvestmentPropertyNet $147.36M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $13.05M USD Point-in-time
Cash and cash equivalents CashAndCashEquivalentsAtCarryingValue $82.24M USD Point-in-time
Restricted Cash RestrictedCash - USD Point-in-time
Restricted Cash RestrictedCash $35.07M USD Point-in-time
Investments ShortTermInvestments $120.44M USD Point-in-time
Investments ShortTermInvestments $119.59M USD Point-in-time
Right of use office lease asset OperatingLeaseRightOfUseAsset $1.20M USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Right of use office lease asset OperatingLeaseRightOfUseAsset - USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 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
Other assets, net OtherAssets $1.88M USD Point-in-time
Other assets, net OtherAssets $614.00K USD Point-in-time
Total assets Assets $745.86M USD Point-in-time
Total assets Assets $281.47M USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 12.64M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 9.78M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 9.78M shares Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 12.64M shares Point-in-time
Exchangeable senior notes, net ConvertibleDebt $134.65M USD Point-in-time
Exchangeable senior notes, net ConvertibleDebt - USD Point-in-time
Tenant improvements and construction funding payable TenantImprovementsAndConstructionPayable $24.97M USD Point-in-time
Tenant improvements and construction funding payable TenantImprovementsAndConstructionPayable $2.43M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $1.97M USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $3.42M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $12.97M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $1.20M USD Point-in-time
Dividends payable DividendsPayableCurrentAndNoncurrent $3.76M USD Point-in-time
Office lease liability OperatingLeaseLiability $1.20M USD Point-in-time
Office lease liability OperatingLeaseLiability - 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 $20.63M USD Point-in-time
Total liabilities Liabilities $197.85M USD Point-in-time
Total liabilities Liabilities $17.17M 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 December 31, 2019 and 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 December 31, 2019 and 2018 PreferredStockValue $14.01M USD Point-in-time
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 12,637,043 and 9,775,800 shares issued and outstanding at December 31, 2019 and 2018, respectively CommonStockValue $10.00K USD Point-in-time
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 12,637,043 and 9,775,800 shares issued and outstanding at December 31, 2019 and 2018, respectively CommonStockValue $13.00K USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $260.54M USD Point-in-time
Additional paid-in capital AdditionalPaidInCapitalCommonStock $553.93M USD Point-in-time
Dividends in excess of earnings AccumulatedDistributionsInExcessOfNetIncome $19.94M USD Point-in-time
Dividends in excess of earnings AccumulatedDistributionsInExcessOfNetIncome $10.27M USD Point-in-time
Total stockholders' equity StockholdersEquity $548.01M USD Point-in-time
Total stockholders' equity StockholdersEquity $73.55M USD Point-in-time
Total stockholders' equity StockholdersEquity $60.44M 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 $745.86M USD Point-in-time
Income Statement 173 line items
Line Item Tag Value Unit Period
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $6.82M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $3.31M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $44.67M USD Annual
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $2.76M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $14.79M USD Annual
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $3.93M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $11.55M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $17.67M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $4.78M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $8.62M USD 1 Quarter
Rental (including tenant reimbursements) OperatingLeasesIncomeStatementLeaseRevenue $6.42M USD Annual
Total revenues Revenues $44.67M USD Annual
Total revenues Revenues $8.62M USD 1 Quarter
Total revenues Revenues $4.78M USD 1 Quarter
Total revenues Revenues $11.55M USD 1 Quarter
Total revenues Revenues $3.93M USD 1 Quarter
Total revenues Revenues $6.42M USD Annual
Total revenues Revenues $3.31M USD 1 Quarter
Total revenues Revenues $2.76M USD 1 Quarter
Total revenues Revenues $17.67M USD 1 Quarter
Total revenues Revenues $14.79M USD Annual
Total revenues Revenues $6.82M USD 1 Quarter
Property expenses LeaseCost $210.00K USD 1 Quarter
Property expenses LeaseCost $374.00K USD 1 Quarter
Property expenses LeaseCost $87.00K USD 1 Quarter
Property expenses LeaseCost $357.00K USD 1 Quarter
Property expenses LeaseCost $68.00K USD 1 Quarter
Property expenses LeaseCost $80.00K USD 1 Quarter
Property expenses LeaseCost $247.00K USD 1 Quarter
Property expenses LeaseCost $1.31M USD Annual
Property expenses LeaseCost $445.00K USD Annual
Property expenses LeaseCost $118.00K USD Annual
Property expenses LeaseCost $337.00K USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $1.48M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $3.15M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $5.50M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $2.59M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $1.44M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $6.38M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $1.98M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $2.16M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $9.82M USD Annual
General and administrative expense GeneralAndAdministrativeExpense $1.47M USD 1 Quarter
General and administrative expense GeneralAndAdministrativeExpense $1.92M USD 1 Quarter
Severance SeveranceCosts1 $113.00K USD Annual
Severance SeveranceCosts1 - USD Annual
Depreciation expense DepreciationDepletionAndAmortization $915.00K USD Annual
Depreciation expense DepreciationDepletionAndAmortization $1.61M USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $914.00K USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $703.00K USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $1.22M USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $476.00K USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $2.63M USD Annual
Depreciation expense DepreciationDepletionAndAmortization $3.54M USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $8.60M USD Annual
Depreciation expense DepreciationDepletionAndAmortization $536.00K USD 1 Quarter
Depreciation expense DepreciationDepletionAndAmortization $2.22M USD 1 Quarter
Total expenses OperatingExpenses $2.35M USD 1 Quarter
Total expenses OperatingExpenses $9.45M USD Annual
Total expenses OperatingExpenses $4.73M USD 1 Quarter
Total expenses OperatingExpenses $3.38M USD 1 Quarter
Total expenses OperatingExpenses $7.07M USD 1 Quarter
Total expenses OperatingExpenses $2.04M USD 1 Quarter
Total expenses OperatingExpenses $19.73M USD Annual
Total expenses OperatingExpenses $2.08M USD 1 Quarter
Total expenses OperatingExpenses $2.98M USD 1 Quarter
Total expenses OperatingExpenses $6.64M USD Annual
Total expenses OperatingExpenses $4.54M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $24.93M USD Annual
Income / (loss) from operations OperatingIncomeLoss $1.24M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $3.44M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $-223.00K USD Annual
Income / (loss) from operations OperatingIncomeLoss $1.57M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $10.60M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $4.07M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $724.00K USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $6.82M USD 1 Quarter
Income / (loss) from operations OperatingIncomeLoss $5.34M USD Annual
Income / (loss) from operations OperatingIncomeLoss $1.81M USD 1 Quarter
Interest and other income InterestAndOtherIncome $4.85M USD Annual
Interest and other income InterestAndOtherIncome $221.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $306.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $859.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $1.54M USD 1 Quarter
Interest and other income InterestAndOtherIncome $1.65M USD Annual
Interest and other income InterestAndOtherIncome $261.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $1.17M USD 1 Quarter
Interest and other income InterestAndOtherIncome $993.00K USD 1 Quarter
Interest and other income InterestAndOtherIncome $151.00K USD Annual
Interest and other income InterestAndOtherIncome $1.14M USD 1 Quarter
Interest expense InterestExpense $6.31M USD Annual
Interest expense InterestExpense $1.83M USD 1 Quarter
Interest expense InterestExpense $792.00K USD 1 Quarter
Interest expense InterestExpense $1.84M USD 1 Quarter
Interest expense InterestExpense $1.84M USD 1 Quarter
Interest expense InterestExpense - USD Annual
Net income / (loss) NetIncomeLoss $1.54M USD 1 Quarter
Net income / (loss) NetIncomeLoss $-72.00K USD Annual
Net income / (loss) NetIncomeLoss $9.90M USD 1 Quarter
Net income / (loss) NetIncomeLoss $6.99M USD Annual
Net income / (loss) NetIncomeLoss $3.64M USD 1 Quarter
Net income / (loss) NetIncomeLoss $3.41M USD 1 Quarter
Net income / (loss) NetIncomeLoss $6.52M USD 1 Quarter
Net income / (loss) NetIncomeLoss $1.83M USD 1 Quarter
Net income / (loss) NetIncomeLoss $945.00K USD 1 Quarter
Net income / (loss) NetIncomeLoss $23.48M USD Annual
Net income / (loss) NetIncomeLoss $2.67M USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $323.00K USD Annual
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $338.00K USD 1 Quarter
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $1.35M USD Annual
Preferred stock dividend PreferredStockDividendsIncomeStatementImpact $1.35M USD Annual
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $3.07M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $22.12M USD Annual
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.49M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $1.20M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $6.18M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $3.30M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $9.56M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $5.63M USD Annual
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $2.33M USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $607.00K USD 1 Quarter
Net income / (loss) attributable to common stockholders NetIncomeLossAvailableToCommonStockholdersBasic $-395.00K USD Annual
Basic EarningsPerShareBasic $0.34 USD 1 Quarter
Basic EarningsPerShareBasic $0.76 USD Annual
Basic EarningsPerShareBasic $-0.13 USD Annual
Basic EarningsPerShareBasic $0.22 USD 1 Quarter
Basic EarningsPerShareBasic $0.31 USD 1 Quarter
Basic EarningsPerShareBasic $0.56 USD 1 Quarter
Basic EarningsPerShareBasic $0.79 USD 1 Quarter
Basic EarningsPerShareBasic $0.18 USD 1 Quarter
Basic EarningsPerShareBasic $2.06 USD Annual
Basic EarningsPerShareBasic $0.10 USD 1 Quarter
Basic EarningsPerShareBasic $0.24 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.09 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.78 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.30 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.24 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.33 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.55 USD 1 Quarter
Diluted EarningsPerShareDiluted $2.03 USD Annual
Diluted EarningsPerShareDiluted $0.17 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.21 USD 1 Quarter
Diluted EarningsPerShareDiluted $-0.13 USD Annual
Diluted EarningsPerShareDiluted $0.75 USD Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 5.88M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 6.64M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 9.67M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 7.14M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 3.38M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 10.55M shares Annual
Basic WeightedAverageNumberOfSharesOutstandingBasic 6.64M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 11.91M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 9.66M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 9.37M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 10.92M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.52M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 10.68M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 3.38M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.80M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 12.04M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 6.79M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 6.78M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 11.06M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 7.29M shares Annual
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 9.81M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 6.03M shares 1 Quarter
Cash Flow Statement 103 line items
Line Item Tag Value Unit Period
Net income / (loss) NetIncomeLoss $1.54M USD 1 Quarter
Net income / (loss) NetIncomeLoss $-72.00K USD Annual
Net income / (loss) NetIncomeLoss $9.90M USD 1 Quarter
Net income / (loss) NetIncomeLoss $6.99M USD Annual
Net income / (loss) NetIncomeLoss $3.64M USD 1 Quarter
Net income / (loss) NetIncomeLoss $3.41M USD 1 Quarter
Net income / (loss) NetIncomeLoss $6.52M USD 1 Quarter
Net income / (loss) NetIncomeLoss $1.83M USD 1 Quarter
Net income / (loss) NetIncomeLoss $945.00K USD 1 Quarter
Net income / (loss) NetIncomeLoss $23.48M USD Annual
Net income / (loss) NetIncomeLoss $2.67M USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $915.00K USD Annual
Depreciation DepreciationDepletionAndAmortization $1.61M USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $914.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $703.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $1.22M USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $476.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $2.63M USD Annual
Depreciation DepreciationDepletionAndAmortization $3.54M USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $8.60M USD Annual
Depreciation DepreciationDepletionAndAmortization $536.00K USD 1 Quarter
Depreciation DepreciationDepletionAndAmortization $2.22M USD 1 Quarter
Stock-based compensation ShareBasedCompensation $1.47M USD Annual
Stock-based compensation ShareBasedCompensation $1.72M USD Annual
Stock-based compensation ShareBasedCompensation $2.50M USD Annual
Amortization of discounts on short-term investments AmortizationOfDiscountsOnShortTermInvestments - USD Annual
Amortization of discounts on short-term investments AmortizationOfDiscountsOnShortTermInvestments $-955.00K USD Annual
Amortization of discounts on short-term investments AmortizationOfDiscountsOnShortTermInvestments $-3.74M USD Annual
Amortization of debt discounts and issuance costs AmortizationOfFinancingCostsAndDiscounts $1.68M USD Annual
Amortization of debt discounts and issuance costs AmortizationOfFinancingCostsAndDiscounts - USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $619.00K USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $155.00K USD Annual
Other assets, net IncreaseDecreaseInOtherOperatingAssets $173.00K USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $1.43M USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $992.00K USD Annual
Accounts payable and accrued expenses IncreaseDecreaseInAccountsPayableAndAccruedLiabilities $886.00K USD Annual
Rent received in advance and tenant security deposits IncreaseDecreaseInRentsReceivedInAdvanceAndTenantSecurityDeposit $11.62M USD Annual
Rent received in advance and tenant security deposits IncreaseDecreaseInRentsReceivedInAdvanceAndTenantSecurityDeposit $4.86M USD Annual
Rent received in advance and tenant security deposits IncreaseDecreaseInRentsReceivedInAdvanceAndTenantSecurityDeposit $1.62M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $15.69M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $5.01M USD Annual
Net cash provided by operating activities NetCashProvidedByUsedInOperatingActivities $44.93M USD Annual
Purchases of investments in real estate PaymentsToAcquireRealEstateHeldForInvestment $259.89M USD Annual
Purchases of investments in real estate PaymentsToAcquireRealEstateHeldForInvestment $57.47M USD Annual
Purchases of investments in real estate PaymentsToAcquireRealEstateHeldForInvestment $32.73M USD Annual
Reimbursements of tenant improvements and construction funding PaymentsForTenantImprovements $22.29M USD Annual
Reimbursements of tenant improvements and construction funding PaymentsForTenantImprovements $5.91M USD Annual
Reimbursements of tenant improvements and construction funding PaymentsForTenantImprovements $84.68M USD Annual
Deposits in escrow for acquisitions PaymentOfDepositsToEscrowForAcquisition $650.00K USD Annual
Deposits in escrow for acquisitions PaymentOfDepositsToEscrowForAcquisition - USD Annual
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $255.66M USD Annual
Purchases of short-term investments PaymentsToAcquireShortTermInvestments $184.99M USD Annual
Purchases of short-term investments PaymentsToAcquireShortTermInvestments - USD Annual
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments - USD Annual
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $65.50M USD Annual
Maturities of short-term investments ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments $260.25M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-38.65M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-340.63M USD Annual
Net cash used in investing activities NetCashProvidedByUsedInInvestingActivities $-199.25M USD Annual
Issuance of common stock, net of offering costs ProceedsFromIssuanceOfCommonStock - USD Annual
Issuance of common stock, net of offering costs ProceedsFromIssuanceOfCommonStock $193.22M USD Annual
Issuance of common stock, net of offering costs ProceedsFromIssuanceOfCommonStock $286.29M USD Annual
Payment of Class A common stock offering costs PaymentsOfStockIssuanceCosts $276.00K USD Annual
Payment of Class A common stock offering costs PaymentsOfStockIssuanceCosts - USD Annual
Issuance of Series A Preferred Stock, net of offering costs ProceedsFromIssuanceOfPreferredStockAndPreferenceStock - USD Annual
Issuance of Series A Preferred Stock, net of offering costs ProceedsFromIssuanceOfPreferredStockAndPreferenceStock $14.01M USD Annual
Net proceeds from issuance of exchangeable senior notes ProceedsFromIssuanceOfExchangeOfSeniorNotes - USD Annual
Net proceeds from issuance of exchangeable senior notes ProceedsFromIssuanceOfExchangeOfSeniorNotes $138.54M USD Annual
Dividends paid to common stockholders PaymentsOfDividendsCommonStock $1.05M USD Annual
Dividends paid to common stockholders PaymentsOfDividendsCommonStock $22.58M USD Annual
Dividends paid to common stockholders PaymentsOfDividendsCommonStock $6.64M USD Annual
Dividends paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.35M USD Annual
Dividends paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock $1.34M USD Annual
Dividends paid to preferred stockholders PaymentsOfDividendsPreferredStockAndPreferenceStock - USD Annual
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $298.00K USD Annual
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $390.00K USD Annual
Taxes paid related to net share settlement of equity awards PaymentsRelatedToTaxWithholdingForShareBasedCompensation $939.00K USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $12.38M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $399.96M USD Annual
Net cash provided by financing activities NetCashProvidedByUsedInFinancingActivities $184.85M USD Annual
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-1.29M USD Annual
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-104.27M USD Annual
Net increase in cash, cash equivalents and restricted cash CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $21.25M USD Annual
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 $117.32M USD Point-in-time
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 $33.00M 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 $117.32M 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 $33.00M USD Point-in-time
Cash paid during the period for interest InterestPaidNet - USD Annual
Cash paid during the period for interest InterestPaidNet $3.06M USD Annual
Accrual for reimbursements of tenant improvements and construction funding AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding $24.97M USD Annual
Accrual for reimbursements of tenant improvements and construction funding AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding $2.43M USD Annual
Accrual for reimbursements of tenant improvements and construction funding AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding $20.00K USD Annual
Accrual for common and preferred stock dividends declared DividendsPayableCurrentAndNoncurrent $12.97M USD Point-in-time
Accrual for common and preferred stock dividends declared DividendsPayableCurrentAndNoncurrent $1.20M USD Point-in-time
Accrual for common and preferred stock dividends declared DividendsPayableCurrentAndNoncurrent $3.76M USD Point-in-time
Accrual for stock issuance costs InvoicesAccruedForOfferingCost $41.00K USD Annual
Accrual for stock issuance costs InvoicesAccruedForOfferingCost $22.00K USD Annual
Operating lease liability for obtaining right of use asset RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability $1.21M USD Annual
Operating lease liability for obtaining right of use asset RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability - USD Annual
Stockholders Equity 39 line items
Line Item Tag Value Unit Period
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Balances at beginning of period StockholdersEquity $548.01M USD Point-in-time
Balances at beginning of period StockholdersEquity $73.55M USD Point-in-time
Balances at beginning of period StockholdersEquity $60.44M USD Point-in-time
Balances at beginning of period StockholdersEquity $264.29M USD Point-in-time
Net income NetIncomeLoss $1.54M USD 1 Quarter
Net income NetIncomeLoss $-72.00K USD Annual
Net income NetIncomeLoss $9.90M USD 1 Quarter
Net income NetIncomeLoss $6.99M USD Annual
Net income NetIncomeLoss $3.64M USD 1 Quarter
Net income NetIncomeLoss $3.41M USD 1 Quarter
Net income NetIncomeLoss $6.52M USD 1 Quarter
Net income NetIncomeLoss $1.83M USD 1 Quarter
Net income NetIncomeLoss $945.00K USD 1 Quarter
Net income NetIncomeLoss $23.48M USD Annual
Net income NetIncomeLoss $2.67M USD 1 Quarter
Equity component of exchangeable senior notes AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature $5.57M USD Annual
Reclassification of Class A and Class B common stock to common stock ReclassificationOfCommonStockValue - USD Annual
Net proceeds from sale of preferred stock StockIssuedDuringPeriodValueSaleOfPreferredStock $14.01M USD Annual
Net proceeds from sale of common stock StockIssuedDuringPeriodValueSaleOfCommonStock $286.27M USD Annual
Net proceeds from sale of common stock StockIssuedDuringPeriodValueSaleOfCommonStock $193.22M USD Annual
Preferred stock dividend DividendsPreferredStock $1.35M USD Annual
Preferred stock dividend DividendsPreferredStock $323.00K USD Annual
Preferred stock dividend DividendsPreferredStock $1.35M USD Annual
Common stock dividend DividendsCommonStockCash $9.19M USD Annual
Common stock dividend DividendsCommonStockCash $31.80M USD Annual
Common stock dividend DividendsCommonStockCash $1.93M USD Annual
Net issuance of unvested restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardGross $-939.00K USD Annual
Net issuance of unvested restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardGross $-390.00K USD Annual
Net issuance of unvested restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardGross $-298.00K USD Annual
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $2.50M USD Annual
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $1.72M USD Annual
Stock-based compensation StockIssuedDuringPeriodValueShareBasedCompensationGross $1.47M USD Annual
Balances at end of period StockholdersEquity $548.01M USD Point-in-time
Balances at end of period StockholdersEquity $73.55M USD Point-in-time
Balances at end of period StockholdersEquity $60.44M 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.

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