10-Q Filing

MACKENZIE REALTY CAPITAL, INC. CIK: 1550913 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001140361-23-024757`
Period End Date	20230331
Filing Date	20230515
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	brhc20052856_10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 90 Income Statement 92 Cash Flow Statement 110 Stockholders Equity 56

Balance Sheet 90 line items

Line Item	Tag	Value	Unit	Period
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Land	`Land`	$37.74M	USD	Point-in-time
Common stock, authorized (in shares)	`CommonStockSharesAuthorized`	80.00M	shares	Point-in-time
Land	`Land`	$32.12M	USD	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$64.18M	USD	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.24M	shares	Point-in-time
Common stock, issued (in shares)	`CommonStockSharesIssued`	13.25M	shares	Point-in-time
Building, fixtures and improvements	`BuildingsAndImprovementsGross`	$131.22M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.24M	shares	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$8.18M	USD	Point-in-time
Intangible lease assets	`OperatingLeaseRightOfUseAsset`	$2.89M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.25M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$1.77M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$5.51M	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
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$97.42M	USD	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Preferred stock, shares authorized (in shares)	`PreferredStockSharesAuthorized`	20.00M	shares	Point-in-time
Total real estate assets, net	`RealEstateInvestmentPropertyNet`	$171.63M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$17.58M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$31.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.40M	USD	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	588,577.64	shares	Point-in-time
Preferred stock, issued (in shares)	`PreferredStockSharesIssued`	119,416.91	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	588,577.64	shares	Point-in-time
Preferred stock, shares outstanding (in shares)	`PreferredStockSharesOutstanding`	119,416.91	shares	Point-in-time
Restricted cash	`RestrictedCash`	$1.09M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$5.57M	USD	Point-in-time
Restricted cash	`RestrictedCash`	$906.31K	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedSecurityAtFairValue`	$15.01M	USD	Point-in-time
Investments, at fair value	`InvestmentOwnedSecurityAtFairValue`	$19.75M	USD	Point-in-time
Unconsolidated investment (non-security), at fair value	`UnconsolidatedInvestmentNonSecurityAtFairValue`	$9.71M	USD	Point-in-time
Unconsolidated investment (non-security), at fair value	`UnconsolidatedInvestmentNonSecurityAtFairValue`	$37.85M	USD	Point-in-time
Investments income, rents and other receivables	`InvestmentIncomeRentAndOtherReceivable`	$1.50M	USD	Point-in-time
Investments income, rents and other receivables	`InvestmentIncomeRentAndOtherReceivable`	$957.01K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$1.20M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssets`	$67.62K	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$17.49M	USD	Point-in-time
Assets held for sale, net	`AssetsHeldForSaleNotPartOfDisposalGroup`	$10.34M	USD	Point-in-time
Total assets	`Assets`	$227.33M	USD	Point-in-time
Total assets	`Assets`	$182.56M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$68.37M	USD	Point-in-time
Mortgage notes payable, net	`SecuredDebt`	$113.24M	USD	Point-in-time
Notes payable	`NotesPayable`	$1.66M	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditAndOtherLiabilities`	$1.19M	USD	Point-in-time
Deferred rent and other liabilities	`DeferredRentCreditAndOtherLiabilities`	$443.01K	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	$642.48K	USD	Point-in-time
Finance lease liabilities	`FinanceLeaseLiability`	-	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.42M	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$1.92M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.62M	USD	Point-in-time
Accounts payable and accrued liabilities	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$2.94M	USD	Point-in-time
Stock redemption payable	`StockRedemptionPayable`	$434.66K	USD	Point-in-time
Stock redemption payable	`StockRedemptionPayable`	$348.05K	USD	Point-in-time
Below-market lease liabilities, net	`BelowMarketLeaseNet`	$1.53M	USD	Point-in-time
Below-market lease liabilities, net	`BelowMarketLeaseNet`	$1.06M	USD	Point-in-time
Due to related entities	`DueToRelatedPartiesCurrentAndNoncurrent`	$214.09K	USD	Point-in-time
Due to related entities	`DueToRelatedPartiesCurrentAndNoncurrent`	$193.42K	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$1.50M	USD	Point-in-time
Contingent liability	`BusinessCombinationContingentConsiderationLiability`	$2.71M	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$549.40K	USD	Point-in-time
Capital pending acceptance	`CapitalPendingAcceptance`	$85.00K	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldForSaleNotPartOfDisposalGroup`	$1.65M	USD	Point-in-time
Liabilities held for sale	`LiabilitiesHeldForSaleNotPartOfDisposalGroup`	$744.99K	USD	Point-in-time
Total liabilities	`Liabilities`	$78.34M	USD	Point-in-time
Total liabilities	`Liabilities`	$126.14M	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,241,026.32 and 13,253,571.98 shares issued and outstanding as of March 31, 2023 and June 30, 2022, respectively.	`CommonStockValue`	$1.32K	USD	Point-in-time
Common stock, $0.0001 par value, 80,000,000 shares authorized; 13,241,026.32 and 13,253,571.98 shares issued and outstanding as of March 31, 2023 and June 30, 2022, respectively.	`CommonStockValue`	$1.32K	USD	Point-in-time
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, 588,577.64 and 119,416.91 shares issued and outstanding as of March 31, 2023 and June 30, 2022, respectively.	`PreferredStockValue`	$59.00	USD	Point-in-time
Preferred stock, $0.0001 par value, 20,000,000 shares authorized, 588,577.64 and 119,416.91 shares issued and outstanding as of March 31, 2023 and June 30, 2022, respectively.	`PreferredStockValue`	$12.00	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$132.06M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapital`	$121.96M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-24.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-42.87M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$97.85M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$89.19M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$12.00M	USD	Point-in-time
Non-controlling interests	`MembersEquityAttributableToNoncontrollingInterest`	$6.37M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$110.29M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.36M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$101.19M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$182.56M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$227.33M	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$11.21M	USD	3 Qtrs
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.47M	USD	1 Quarter
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.52M	USD	1 Quarter
Rental and reimbursements	`RevenueFromContractWithCustomerExcludingAssessedTax`	$7.81M	USD	3 Qtrs
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$4.71M	USD	3 Qtrs
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$2.54M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$1.47M	USD	1 Quarter
Property operating and maintenance	`PropertyRepairsAndMaintenanceExpense`	$6.66M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.42M	USD	3 Qtrs
Interest expense	`InterestExpense`	$572.49K	USD	1 Quarter
Interest expense	`InterestExpense`	$5.17M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.91M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$1.15M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.23M	USD	3 Qtrs
Depreciation and amortization	`DepreciationAndAmortization`	$1.66M	USD	1 Quarter
Depreciation and amortization	`DepreciationAndAmortization`	$3.74M	USD	3 Qtrs
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$2.03M	USD	3 Qtrs
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$2.23M	USD	3 Qtrs
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$680.68K	USD	1 Quarter
Asset management fees to related party (Note 8)	`AssetsManagementFeeExpense`	$767.30K	USD	1 Quarter
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$152.40K	USD	1 Quarter
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$181.50K	USD	1 Quarter
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$457.20K	USD	3 Qtrs
Administrative cost reimbursements to related party (Note 8)	`AdministrativeFeesExpense`	$544.50K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$283.00K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$398.79K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$563.85K	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$248.00K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$108.59K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$62.98K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$486.13K	USD	3 Qtrs
Professional fees	`ProfessionalFees`	$424.17K	USD	3 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$25.50K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$25.50K	USD	1 Quarter
Directors' fees	`NoninterestExpenseDirectorsFees`	$81.50K	USD	3 Qtrs
Directors' fees	`NoninterestExpenseDirectorsFees`	$80.50K	USD	3 Qtrs
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$26.60K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$23.00K	USD	1 Quarter
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$69.00K	USD	3 Qtrs
Transfer agent cost reimbursements to related party (Note 8)	`NoninterestExpenseTransferAgentAndCustodianFees`	$79.80K	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$7.50M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$12.83M	USD	3 Qtrs
Total operating expenses	`OperatingExpenses`	$4.39M	USD	1 Quarter
Total operating expenses	`OperatingExpenses`	$19.53M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-1.87M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-3.03M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-8.32M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-5.02M	USD	3 Qtrs
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$111.26K	USD	1 Quarter
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$316.58K	USD	3 Qtrs
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$2.24M	USD	3 Qtrs
Dividend and distribution income from equity securities at fair value	`DividendIncomeEquitySecuritiesOperating`	$858.36K	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-876.88K	USD	3 Qtrs
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-238.56K	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-3.84M	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.31M	USD	3 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$5.40M	USD	1 Quarter
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$9.34M	USD	3 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$2.76M	USD	3 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeLossFromEquityMethodInvestments`	$-877.59K	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$830.96K	USD	3 Qtrs
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$9.46M	USD	3 Qtrs
Net realized gain from investments	`RealizedInvestmentGainsLosses`	$5.11M	USD	1 Quarter
Net realized gain from investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$6.21M	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$8.12M	USD	3 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-10.24M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-13.85M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$5.66M	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$93.21K	USD	3 Qtrs
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$46.12K	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-60.26K	USD	1 Quarter
Net (income) loss attributable to non-controlling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$-90.52K	USD	3 Qtrs
Net (income) attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$18.95K	USD	3 Qtrs
Net (income) attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$209.62K	USD	1 Quarter
Net (income) attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$453.41K	USD	3 Qtrs
Net (income) attributable to preferred stockholders	`PreferredStockDividendsIncomeStatementImpact`	$18.51K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.49M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$15.22M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.71M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.40M	USD	3 Qtrs
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-0.79	USD	1 Quarter
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$1.14	USD	3 Qtrs
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$0.43	USD	1 Quarter
Net income (loss) per share attributable to common stockholders (in dollars per share)	`EarningsPerShareBasic`	$-1.08	USD	3 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.28M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.38M	shares	1 Quarter
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.36M	shares	3 Qtrs
Weighted average common shares outstanding (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.28M	shares	3 Qtrs

Cash Flow Statement 110 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-10.24M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-13.85M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$5.66M	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-876.88K	USD	3 Qtrs
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-238.56K	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-3.84M	USD	1 Quarter
Net unrealized loss on equity securities at fair value	`EquitySecuritiesFvNiUnrealizedGainLoss`	$-1.31M	USD	3 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeFromEquityMethodInvestmentsAtFairValue`	$-7.05M	USD	3 Qtrs
Net income (loss) from equity method investments at fair value	`IncomeFromEquityMethodInvestmentsAtFairValue`	$-1.48M	USD	3 Qtrs
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$830.96K	USD	3 Qtrs
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$9.46M	USD	3 Qtrs
Net realized gain on investments	`RealizedInvestmentGainsLosses`	$5.11M	USD	1 Quarter
Net realized gain on investments	`RealizedInvestmentGainsLosses`	-	USD	1 Quarter
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	$-3.60K	USD	3 Qtrs
Loss on disposal of fixed assets	`GainLossOnDispositionOfAssets1`	-	USD	3 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$6.21M	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	1 Quarter
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	$8.12M	USD	3 Qtrs
Impairment loss on assets held for sale	`ImpairmentOfLongLivedAssetsToBeDisposedOf`	-	USD	3 Qtrs
Straight - line rent	`StraightLineRent`	$41.92K	USD	3 Qtrs
Straight - line rent	`StraightLineRent`	$418.95K	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.74M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$3.23M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$14.32K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$451.43K	USD	3 Qtrs
Accretion of market lease and other intangibles, net	`AccretionOfMarketLeaseAndOtherIntangiblesNet`	$-167.56K	USD	3 Qtrs
Accretion of market lease and other intangibles, net	`AccretionOfMarketLeaseAndOtherIntangiblesNet`	$-121.88K	USD	3 Qtrs
Investments income, rent and other receivables	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-160.96K	USD	3 Qtrs
Investments income, rent and other receivables	`IncreaseDecreaseInInvestmentIncomeRentAndOtherReceivables`	$-1.14M	USD	3 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	-	USD	3 Qtrs
Due from related entities	`IncreaseDecreaseInDueFromRelatedParties`	$27.00K	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.29M	USD	3 Qtrs
Prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$199.92K	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLiabilities`	$-318.92K	USD	3 Qtrs
Deferred rent and other liabilities	`IncreaseDecreaseInDeferredRentAndOtherLiabilities`	$22.48K	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.32M	USD	3 Qtrs
Accounts payable and accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$505.63K	USD	3 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$74.74K	USD	3 Qtrs
Due to related entities	`IncreaseDecreaseInDueToRelatedParties`	$-377.58K	USD	3 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-4.91M	USD	3 Qtrs
Net cash from operating activities	`NetCashProvidedByUsedInOperatingActivities`	$2.74M	USD	3 Qtrs
Proceeds from sale of and sales distribution from investments	`ProceedsFromSaleOfOtherInvestments`	$13.23M	USD	3 Qtrs
Proceeds from sale of and sales distribution from investments	`ProceedsFromSaleOfOtherInvestments`	$30.33M	USD	3 Qtrs
Investment acquisition advance	`PaymentsForAdvanceOnInvestmentAcquisition`	-	USD	3 Qtrs
Investment acquisition advance	`PaymentsForAdvanceOnInvestmentAcquisition`	$900.00K	USD	3 Qtrs
Investments in real estate assets	`PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired`	$17.94M	USD	3 Qtrs
Investments in real estate assets	`PaymentsToAcquirePartnersInterestInRealEstatePartnershipNetOfCashAcquired`	$22.85M	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$303.88K	USD	3 Qtrs
Purchase of investments	`PaymentsToAcquireInvestments`	$13.79M	USD	3 Qtrs
Return of capital distributions	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$22.25M	USD	3 Qtrs
Return of capital distributions	`ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital`	$12.28M	USD	3 Qtrs
Payment on contingent liability	`PaymentForContingentConsiderationLiabilityInvestingActivities`	-	USD	3 Qtrs
Payment on contingent liability	`PaymentForContingentConsiderationLiabilityInvestingActivities`	$1.15M	USD	3 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$6.10M	USD	3 Qtrs
Net cash from investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.05M	USD	3 Qtrs
Proceeds from mortgage notes payable	`ProceedsFromIssuanceOfSecuredDebt`	$3.03M	USD	3 Qtrs
Proceeds from mortgage notes payable	`ProceedsFromIssuanceOfSecuredDebt`	$16.13M	USD	3 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$1.29M	USD	3 Qtrs
Payments on mortgage notes payable	`RepaymentsOfSecuredDebt`	$455.40K	USD	3 Qtrs
Proceeds on notes payable	`ProceedsFromNotesPayable`	$9.63K	USD	3 Qtrs
Proceeds on notes payable	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	-	USD	3 Qtrs
Payments on notes payable	`RepaymentsOfNotesPayable`	$12.39K	USD	3 Qtrs
Payment of deferred financing cost	`PaymentsOfFinancingCosts`	-	USD	3 Qtrs
Payment of deferred financing cost	`PaymentsOfFinancingCosts`	$784.33K	USD	3 Qtrs
Dividend to stockholders	`PaymentsOfDividendsCommonStock`	$1.96M	USD	3 Qtrs
Dividend to stockholders	`PaymentsOfDividendsCommonStock`	$3.20M	USD	3 Qtrs
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$1.98M	USD	3 Qtrs
Proceeds from issuance of preferred stock	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$11.45M	USD	3 Qtrs
Payment of finance lease liabilities	`FinanceLeasePrincipalPayments`	-	USD	3 Qtrs
Payment of finance lease liabilities	`FinanceLeasePrincipalPayments`	$16.21K	USD	3 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$1.01M	USD	3 Qtrs
Payment of selling commissions and fees	`PaymentOfSellingCommissionsAndFees`	$523.03K	USD	3 Qtrs
Contributions by non-controlling interests holders	`ProceedsFromMinorityShareholders`	$856.36K	USD	3 Qtrs
Contributions by non-controlling interests holders	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Distributions to non-controlling interests holders	`PaymentsOfDividendsMinorityInterest`	$8.07K	USD	3 Qtrs
Distributions to non-controlling interests holders	`PaymentsOfDividendsMinorityInterest`	$280.83K	USD	3 Qtrs
Redemption of common stock, net of redemptions payable	`RedemptionOfCommonStock`	$162.88K	USD	3 Qtrs
Redemption of common stock, net of redemptions payable	`RedemptionOfCommonStock`	$1.15M	USD	3 Qtrs
Capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$-10.00K	USD	3 Qtrs
Capital pending acceptance	`PaymentsForProceedsFromChangeInCapitalPendingAcceptance`	$-464.40K	USD	3 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$14.25M	USD	3 Qtrs
Net cash from financing activities	`NetCashProvidedByUsedInFinancingActivities`	$8.83M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$10.02M	USD	3 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$32.03M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.02M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.75M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$39.79M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of the period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.00M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$17.58M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$31.40M	USD	Point-in-time
Cash and cash equivalents at end of the period	`CashAndCashEquivalentsAtCarryingValue`	$7.40M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$1.09M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$5.57M	USD	Point-in-time
Restricted cash at end of the period	`RestrictedCash`	$906.31K	USD	Point-in-time
Cash and restricted cash at end of the period classified as assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale`	$2.82M	USD	Point-in-time
Cash and restricted cash at end of the period classified as assets held for sale	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsClassifiedAsAssetsHeldForSale`	$534.76K	USD	Point-in-time
Issuance of common stock through reinvestment of dividends	`StockIssued1`	$839.61K	USD	3 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssued1`	$1.21M	USD	3 Qtrs
Issuance of preferred stock through reinvestment of dividends	`IssuanceOfPreferredStockThroughReinvestmentOfDividends`	$75.00	USD	3 Qtrs
Issuance of preferred stock through reinvestment of dividends	`IssuanceOfPreferredStockThroughReinvestmentOfDividends`	$39.99K	USD	3 Qtrs
Written off Contingent Consideration	`WrittenOffContingentConsideration`	-	USD	3 Qtrs
Written off Contingent Consideration	`WrittenOffContingentConsideration`	$57.88K	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$3.76M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$1.17M	USD	3 Qtrs

Stockholders Equity 56 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$110.29M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$101.19M	USD	Point-in-time
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$2.83K	USD	1 Quarter
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$9.15K	USD	3 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$439.67K	USD	3 Qtrs
Distributions to non-controlling interest holders	`StockIssuedDuringPeriodValueDistributionsToNonControllingInterestHolders`	$187.52K	USD	1 Quarter
Operating Partnership Preferred Units issued	`OperatingPartnershipValuePreferredUnitsIssued`	$3.24M	USD	1 Quarter
Operating Partnership Preferred Units issued	`OperatingPartnershipValuePreferredUnitsIssued`	$5.95M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$3.99M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$4.37M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStockStock`	$1.52M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStockStock`	$1.19M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$18.51K	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$209.62K	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$453.41K	USD	3 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStockStock`	$18.95K	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$-10.24M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-13.85M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$15.14M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$5.66M	USD	1 Quarter
Operating Partnership Class A conversion to common stock	`OperatingPartnershipValueConversionOfConvertibleSecurities`	-	USD	3 Qtrs
Operating Partnership Class A conversion to common stock	`OperatingPartnershipValueConversionOfConvertibleSecurities`	-	USD	3 Qtrs
Operating Partnership Class A conversion to common stock	`OperatingPartnershipValueConversionOfConvertibleSecurities`	-	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$2.05M	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$1.90M	USD	1 Quarter
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$1.98M	USD	3 Qtrs
Issuance of preferred stock	`StockIssuedDuringPeriodValuePreferredStockNewIssues`	$11.45M	USD	3 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$419.05K	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$313.30K	USD	1 Quarter
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$839.61K	USD	3 Qtrs
Issuance of common stock through reinvestment of dividends	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$1.21M	USD	3 Qtrs
Issuance of preferred stock through reinvestment of dividends	`PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$75.00	USD	3 Qtrs
Issuance of preferred stock through reinvestment of dividends	`PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$23.44K	USD	1 Quarter
Issuance of preferred stock through reinvestment of dividends	`PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$39.99K	USD	3 Qtrs
Issuance of preferred stock through reinvestment of dividends	`PreferredStockIssuedDuringPeriodValueDividendReinvestmentPlan`	$75.00	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$267.55K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$241.04K	USD	1 Quarter
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$672.46K	USD	3 Qtrs
Payment of selling commissions and fees	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$1.36M	USD	3 Qtrs
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$1.20M	USD	3 Qtrs
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$1.24M	USD	3 Qtrs
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$1.15M	USD	1 Quarter
Redemption of common stock	`StockRedeemedOrCalledDuringPeriodValue`	$434.66K	USD	1 Quarter
Contributions by non-controlling interest holders	`StockIssuedDuringPeriodValueCapitalContributionsByNonControllingInterestHolders`	$856.36K	USD	3 Qtrs
Issuance Operating Partnership Preferred Units through Reinvestment of Dividends	`IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends`	$17.69K	USD	1 Quarter
Issuance Operating Partnership Preferred Units through Reinvestment of Dividends	`IssuanceOperatingPartnershipPreferredUnitsThroughReinvestmentOfDividends`	$29.36K	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$110.29M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$105.02M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$108.30M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$104.22M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$97.36M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$101.19M	USD	Point-in-time

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