10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-16-096594 |
| Period End Date | 20160331 |
| Filing Date | 20160427 |
| Fiscal Year | 2016 |
| Fiscal Period | Q1 |
| XBRL Instance | adc-20160331.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
92 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Land |
Land
|
$236.70M | USD | Point-in-time |
| Land |
Land
|
$225.27M | USD | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$526.91M | USD | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$553.44M | USD | Point-in-time |
| Allowance for doubtful accounts receivable (in dollars) |
AllowanceForDoubtfulAccountsReceivable
|
$35.00K | USD | Point-in-time |
| Allowance for doubtful accounts receivable (in dollars) |
AllowanceForDoubtfulAccountsReceivable
|
$35.00K | USD | Point-in-time |
| Deferred leasing costs, accumulated amortization (in dollars) |
DeferredCostsLeasingAccumulatedAmortization
|
$553.50K | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$56.40M | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$59.76M | USD | Point-in-time |
| Deferred leasing costs, accumulated amortization (in dollars) |
DeferredCostsLeasingAccumulatedAmortization
|
$575.45K | USD | Point-in-time |
| Property, Plant and Equipment, Net |
PropertyPlantAndEquipmentNet
|
$730.38M | USD | Point-in-time |
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$10.58M | USD | Point-in-time |
| Property, Plant and Equipment, Net |
PropertyPlantAndEquipmentNet
|
$695.78M | USD | Point-in-time |
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$12.26M | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$3.66M | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$3.58M | USD | Point-in-time |
| 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 |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$699.45M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
28.00M | shares | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$733.95M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
28.00M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$3.71M | USD | Point-in-time |
| Common stock, shares, issued |
CommonStockSharesIssued
|
20.64M | shares | Point-in-time |
| Common stock, shares, issued |
CommonStockSharesIssued
|
20.75M | shares | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$2.71M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$7.92M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$5.40M | USD | Point-in-time |
| Accounts Receivable - Tenants, net of allowance of $35,000 for possible losses at March 31, 2016 and December 31, 2015 |
AccountsReceivableNet
|
$7.42M | USD | Point-in-time |
| Accounts Receivable - Tenants, net of allowance of $35,000 for possible losses at March 31, 2016 and December 31, 2015 |
AccountsReceivableNet
|
$7.81M | USD | Point-in-time |
| Common stock, shares, outstanding |
CommonStockSharesOutstanding
|
20.64M | shares | Point-in-time |
| Common stock, shares, outstanding |
CommonStockSharesOutstanding
|
20.75M | shares | 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 |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Credit facility finance costs, net of accumulated amortization of $1,584,175 and $1,531,671 at March 31, 2016 and December 31, 2015, respectively |
DeferredFinanceCostsNet
|
$490.28K | USD | Point-in-time |
| Credit facility finance costs, net of accumulated amortization of $1,584,175 and $1,531,671 at March 31, 2016 and December 31, 2015, respectively |
DeferredFinanceCostsNet
|
$505.69K | USD | Point-in-time |
| Leasing costs, net of accumulated amortization of $575,448 and $553,502 at March 31, 2016 and December 31, 2015, respectively |
DeferredCostsLeasingNet
|
$664.57K | USD | Point-in-time |
| Leasing costs, net of accumulated amortization of $575,448 and $553,502 at March 31, 2016 and December 31, 2015, respectively |
DeferredCostsLeasingNet
|
$682.05K | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $12,263,284 and $10,577,794 at March 31, 2016 and December 31, 2015, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$76.65M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $12,263,284 and $10,577,794 at March 31, 2016 and December 31, 2015, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$76.55M | USD | Point-in-time |
| Accumulated Amortization, Deferred Finance Costs |
AccumulatedAmortizationDeferredFinanceCosts
|
$1.53M | USD | Point-in-time |
| Other Assets |
OtherAssets
|
$2.57M | USD | Point-in-time |
| Accumulated Amortization, Deferred Finance Costs |
AccumulatedAmortizationDeferredFinanceCosts
|
$1.58M | USD | Point-in-time |
| Other Assets |
OtherAssets
|
$2.26M | USD | Point-in-time |
| Total Assets |
Assets
|
$789.87M | USD | Point-in-time |
| Total Assets |
Assets
|
$825.55M | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$100.36M | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$91.12M | USD | Point-in-time |
| Unsecured Term Loans, net |
UnsecuredDebt
|
$99.16M | USD | Point-in-time |
| Unsecured Term Loans, net |
UnsecuredDebt
|
$99.42M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$99.18M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$99.39M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$60.00M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$18.00M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$9.81M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$9.76M | USD | Point-in-time |
| Deferred Revenue |
DeferredRevenue
|
$424.80K | USD | Point-in-time |
| Deferred Revenue |
DeferredRevenue
|
$540.64K | USD | Point-in-time |
| Accrued Interest Payable |
InterestPayableCurrentAndNoncurrent
|
$962.83K | USD | Point-in-time |
| Accrued Interest Payable |
InterestPayableCurrentAndNoncurrent
|
$1.98M | USD | Point-in-time |
| Capital expenditures |
ConstructionPayableCurrentAndNoncurrent
|
$122.50K | USD | Point-in-time |
| Capital expenditures |
ConstructionPayableCurrentAndNoncurrent
|
$27.95K | USD | Point-in-time |
| Operating |
AccountsPayableCurrentAndNoncurrent
|
$3.93M | USD | Point-in-time |
| Operating |
AccountsPayableCurrentAndNoncurrent
|
$6.25M | USD | Point-in-time |
| Interest Rate Swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$6.14M | USD | Point-in-time |
| Interest Rate Swaps |
InterestRateDerivativeLiabilitiesAtFairValue
|
$3.30M | USD | Point-in-time |
| Deferred Income Taxes |
DeferredIncomeTaxLiabilities
|
$705.00K | USD | Point-in-time |
| Deferred Income Taxes |
DeferredIncomeTaxLiabilities
|
$705.00K | USD | Point-in-time |
| Tenant Deposits |
SecurityDepositLiability
|
$38.61K | USD | Point-in-time |
| Tenant Deposits |
SecurityDepositLiability
|
$28.61K | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$375.10M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$336.25M | USD | Point-in-time |
| Common stock, $.0001 par value, 28,000,000 shares authorized, 20,754,264 and 20,637,301 shares issued and outstanding, respectively |
CommonStockValue
|
$2.08K | USD | Point-in-time |
| Common stock, $.0001 par value, 28,000,000 shares authorized, 20,754,264 and 20,637,301 shares issued and outstanding, respectively |
CommonStockValue
|
$2.06K | USD | Point-in-time |
| Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized Series A junior participating preferred stock, $.0001 par value, 200,000 authorized, no shares issued and outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized Series A junior participating preferred stock, $.0001 par value, 200,000 authorized, no shares issued and outstanding |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$482.51M | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$484.51M | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$28.26M | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$30.45M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-3.13M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-6.02M | USD | Point-in-time |
| Total Stockholders' Equity - Agree Realty Corporation |
StockholdersEquity
|
$451.12M | USD | Point-in-time |
| Total Stockholders' Equity - Agree Realty Corporation |
StockholdersEquity
|
$448.04M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.41M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.50M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$453.62M | USD | Point-in-time |
| Total Stockholders' Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$450.45M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$789.87M | USD | Point-in-time |
| Total Liabilities and Stockholders' Equity |
LiabilitiesAndStockholdersEquity
|
$825.55M | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Minimum rents |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$14.55M | USD | 1 Quarter |
| Minimum rents |
OperatingLeasesIncomeStatementMinimumLeaseRevenue
|
$18.49M | USD | 1 Quarter |
| Percentage rents |
PercentageRent
|
$9.81K | USD | 1 Quarter |
| Percentage rents |
PercentageRent
|
$183.34K | USD | 1 Quarter |
| Operating cost reimbursement |
TenantReimbursements
|
$1.18M | USD | 1 Quarter |
| Operating cost reimbursement |
TenantReimbursements
|
$1.59M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$1.21K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$-39.58K | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$15.74M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$20.22M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$1.12M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$762.92K | USD | 1 Quarter |
| Property operating expenses |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$573.03K | USD | 1 Quarter |
| Property operating expenses |
DirectCostsOfLeasedAndRentedPropertyOrEquipment
|
$571.39K | USD | 1 Quarter |
| Land lease payments |
LeaseAndRentalExpense
|
$163.28K | USD | 1 Quarter |
| Land lease payments |
LeaseAndRentalExpense
|
$131.86K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$1.67M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.05M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$5.09M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$3.55M | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$6.69M | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$8.99M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$9.06M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$11.23M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$3.65M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$2.46M | USD | 1 Quarter |
| Gain on sale of assets |
GainsLossesOnSalesOfAssets
|
- | USD | 1 Quarter |
| Gain on sale of assets |
GainsLossesOnSalesOfAssets
|
$79.10K | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on debt extinguishment |
GainsLossesOnExtinguishmentOfDebt
|
$-179.87K | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$6.49M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$7.59M | USD | 1 Quarter |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$125.49K | USD | 1 Quarter |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$125.82K | USD | 1 Quarter |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$7.46M | USD | 1 Quarter |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$6.37M | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| Basic (in dollars per share) |
EarningsPerShareBasic
|
$0.37 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.36 | USD | 1 Quarter |
| Diluted (in dollars per share) |
EarningsPerShareDiluted
|
$0.37 | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$7.59M | USD | 1 Quarter |
| Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.01M | USD | 1 Quarter |
| Other Comprehensive Loss |
OtherComprehensiveIncomeLossNetOfTax
|
$-2.94M | USD | 1 Quarter |
| Total Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$4.65M | USD | 1 Quarter |
| Total Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$4.48M | USD | 1 Quarter |
| Comprehensive Income Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$76.93K | USD | 1 Quarter |
| Comprehensive Income Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$86.83K | USD | 1 Quarter |
| Comprehensive Income Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$4.40M | USD | 1 Quarter |
| Comprehensive Income Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$4.57M | USD | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic: (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
17.37M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic: (in shares) |
WeightedAverageNumberOfSharesOutstandingBasic
|
20.44M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted: (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
17.42M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted: (in shares) |
WeightedAverageNumberOfDilutedSharesOutstanding
|
20.48M | shares | 1 Quarter |
Cash Flow Statement
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net income |
ProfitLoss
|
$6.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$7.59M | USD | 1 Quarter |
| Real Estate Inventory, Capitalized Interest Costs |
RealEstateInventoryCapitalizedInterestCosts
|
$7.27K | USD | Point-in-time |
| Real Estate Inventory, Capitalized Interest Costs |
RealEstateInventoryCapitalizedInterestCosts
|
$1.00K | USD | Point-in-time |
| Depreciation |
Depreciation
|
$2.57M | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$3.38M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$1.09M | USD | 1 Quarter |
| Amortization |
AdjustmentForAmortization
|
$1.71M | USD | 1 Quarter |
| Amortization from financing and credit facility costs |
AmortizationOfFinancingCostsAndDiscounts
|
$170.10K | USD | 1 Quarter |
| Amortization from financing and credit facility costs |
AmortizationOfFinancingCostsAndDiscounts
|
$58.78K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$523.96K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$708.03K | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
- | USD | 1 Quarter |
| Loss on extinguishment of debt |
GainsLossesOnExtinguishmentOfDebt
|
$-179.87K | USD | 1 Quarter |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
$79.10K | USD | 1 Quarter |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
- | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$388.84K | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$415.40K | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-262.38K | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$826.91K | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$2.20M | USD | 1 Quarter |
| Increase (decrease) in accounts payable |
IncreaseDecreaseInAccountsPayable
|
$-236.71K | USD | 1 Quarter |
| Increase (decrease) in deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-115.84K | USD | 1 Quarter |
| Increase (decrease) in deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-115.84K | USD | 1 Quarter |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$1.01M | USD | 1 Quarter |
| Increase (decrease) in accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$-89.38K | USD | 1 Quarter |
| Increase (decrease) in tenant deposits |
IncreaseDecreaseInSecurityDeposits
|
$10.00K | USD | 1 Quarter |
| Increase (decrease) in tenant deposits |
IncreaseDecreaseInSecurityDeposits
|
- | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$16.53M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
|
$9.16M | USD | 1 Quarter |
| Acquisition of real estate investments |
PaymentsToAcquireRealEstate
|
$60.26M | USD | 1 Quarter |
| Acquisition of real estate investments |
PaymentsToAcquireRealEstate
|
$33.49M | USD | 1 Quarter |
| Development of real estate investments and other (including capitalized interest of $7,269 in 2016 and $1,001 in 2015) |
PaymentsToDevelopRealEstateAssets
|
$272.32K | USD | 1 Quarter |
| Development of real estate investments and other (including capitalized interest of $7,269 in 2016 and $1,001 in 2015) |
PaymentsToDevelopRealEstateAssets
|
$6.20M | USD | 1 Quarter |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
- | USD | 1 Quarter |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$39.43K | USD | 1 Quarter |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
- | USD | 1 Quarter |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$975.64K | USD | 1 Quarter |
| Net Cash Used In Investing Activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-59.56M | USD | 1 Quarter |
| Net Cash Used In Investing Activities |
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
|
$-39.73M | USD | 1 Quarter |
| Proceeds from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$1.99M | USD | 1 Quarter |
| Proceeds from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$-94.63K | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$703.05K | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
- | USD | 1 Quarter |
| Unsecured revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$64.50M | USD | 1 Quarter |
| Unsecured revolving credit facility borrowings |
ProceedsFromLinesOfCredit
|
$42.00M | USD | 1 Quarter |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$3.08M | USD | 1 Quarter |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$9.30M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$7.89M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$9.60M | USD | 1 Quarter |
| Limited partners' distributions paid |
PaymentsOfCapitalDistribution
|
$156.43K | USD | 1 Quarter |
| Limited partners' distributions paid |
PaymentsOfCapitalDistribution
|
$161.64K | USD | 1 Quarter |
| Debt extinguishment costs |
PaymentsOfDebtExtinguishmentCosts
|
$150.08K | USD | 1 Quarter |
| Debt extinguishment costs |
PaymentsOfDebtExtinguishmentCosts
|
- | USD | 1 Quarter |
| Repayments of payables for capital expenditures |
RepaymentsOfOtherDebt
|
- | USD | 1 Quarter |
| Repayments of payables for capital expenditures |
RepaymentsOfOtherDebt
|
$200.30K | USD | 1 Quarter |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
- | USD | 1 Quarter |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$37.10K | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$52.92M | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
|
$24.19M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$2.52M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashAndCashEquivalentsPeriodIncreaseDecrease
|
$999.78K | USD | 1 Quarter |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.71M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.71M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.92M | USD | Point-in-time |
| Cash and Cash Equivalents, beginning of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.40M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$3.71M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$2.71M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$7.92M | USD | Point-in-time |
| Cash and Cash Equivalents, end of period |
CashAndCashEquivalentsAtCarryingValue
|
$5.40M | USD | Point-in-time |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$2.48M | USD | 1 Quarter |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$2.37M | USD | 1 Quarter |
| Shares issued under equity incentive plans |
StockIssued1
|
$3.06M | USD | 1 Quarter |
| Shares issued under equity incentive plans |
StockIssued1
|
$2.46M | USD | 1 Quarter |
| Dividends and limited partners' distributions declared and unpaid |
DividendsCommonStock
|
$9.81M | USD | 1 Quarter |
| Dividends and limited partners' distributions declared and unpaid |
DividendsCommonStock
|
$8.08M | USD | 1 Quarter |
| Real estate investment financed with accounts payable |
RealEstateInvestmentFinancedWithAccountsPayable
|
$24.45K | USD | 1 Quarter |
| Real estate investment financed with accounts payable |
RealEstateInvestmentFinancedWithAccountsPayable
|
$27.95K | USD | 1 Quarter |
Stockholders Equity
13 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$453.62M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$450.45M | USD | Point-in-time |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$1.99M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$703.05K | USD | 1 Quarter |
| Issuance of restricted stock under the Omnibus Incentive Plan |
StockIssuedDuringPeriodValueRestrictedStockAwardGross
|
$8.00 | USD | 1 Quarter |
| Forfeiture of restricted stock |
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
- | USD | 1 Quarter |
| Vesting of restricted stock |
AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition
|
$708.03K | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$9.81M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
|
$-2.94M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$6.49M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$7.59M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$453.62M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$450.45M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.