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10-Q Filing

AGREE REALTY CORP CIK: 917251 Q1 2017
Filing Information
Form Type 10-Q
Accession Number 0001144204-17-021724
Period End Date 20170331
Filing Date 20170424
Fiscal Year 2017
Fiscal Period Q1
XBRL Instance adc-20170331.xml
Filing Contents
Balance Sheet 98 line items
Line Item Tag Value Unit Period
Land Land $309.69M USD Point-in-time
Land Land $319.94M USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $737.61M USD Point-in-time
Allowance for doubtful accounts receivable (in dollars) AllowanceForDoubtfulAccountsReceivable $50.00K USD Point-in-time
Allowance for doubtful accounts receivable (in dollars) AllowanceForDoubtfulAccountsReceivable $50.00K USD Point-in-time
Buildings InvestmentBuildingAndBuildingImprovements $703.51M USD Point-in-time
Accumulated Amortization, Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts $127.00K USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $73.66M USD Point-in-time
Accumulated Amortization, Deferred Finance Costs AccumulatedAmortizationDeferredFinanceCosts $1.26M USD Point-in-time
Less accumulated depreciation RealEstateInvestmentPropertyAccumulatedDepreciation $69.70M USD Point-in-time
Deferred leasing costs, accumulated amortization (in dollars) DeferredCostsLeasingAccumulatedAmortization $717.00K USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $943.50M USD Point-in-time
Property, Plant and Equipment, Net PropertyPlantAndEquipmentNet $983.88M USD Point-in-time
Deferred leasing costs, accumulated amortization (in dollars) DeferredCostsLeasingAccumulatedAmortization $677.00K USD Point-in-time
Property under development DevelopmentInProcess $6.76M USD Point-in-time
Property under development DevelopmentInProcess $8.41M USD Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $29.10M USD Point-in-time
Finite-lived intangible assets, accumulated amortization (in dollars) FiniteLivedIntangibleAssetsAccumulatedAmortization $25.67M USD Point-in-time
Below Market Lease, Accumulated Amortization BelowMarketLeaseAccumulatedAmortization $8.09M USD Point-in-time
Net Real Estate Investments RealEstateInvestmentPropertyNet $992.30M USD Point-in-time
Net Real Estate Investments RealEstateInvestmentPropertyNet $950.26M USD Point-in-time
Below Market Lease, Accumulated Amortization BelowMarketLeaseAccumulatedAmortization $7.08M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $2.71M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $2.30M USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $33.40M USD Point-in-time
Common stock, par value (in dollars per share) CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Cash and Cash Equivalents CashAndCashEquivalentsAtCarryingValue $3.71M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 45.00M shares Point-in-time
Accounts Receivable - Tenants, net of allowance of $50 for possible losses at March 31, 2017 and December 31, 2016 AccountsReceivableNet $13.07M USD Point-in-time
Common stock, shares authorized CommonStockSharesAuthorized 45.00M shares Point-in-time
Accounts Receivable - Tenants, net of allowance of $50 for possible losses at March 31, 2017 and December 31, 2016 AccountsReceivableNet $11.54M USD Point-in-time
Common stock, shares, issued CommonStockSharesIssued 26.16M shares Point-in-time
Common stock, shares, issued CommonStockSharesIssued 26.22M shares Point-in-time
Common stock, shares, outstanding CommonStockSharesOutstanding 26.16M shares Point-in-time
Common stock, shares, outstanding CommonStockSharesOutstanding 26.22M shares Point-in-time
Credit facility finance costs, net of accumulated amortization of $127 and $1,262 at March 31, 2017 and December 31, 2016, respectively DeferredFinanceCostsNet $1.55M USD Point-in-time
Credit facility finance costs, net of accumulated amortization of $127 and $1,262 at March 31, 2017 and December 31, 2016, respectively DeferredFinanceCostsNet $1.46M 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
Leasing costs, net of accumulated amortization of $717 and $677 at March 31, 2017 and December 31, 2016, respectively DeferredCostsLeasingNet $1.57M USD Point-in-time
Leasing costs, net of accumulated amortization of $717 and $677 at March 31, 2017 and December 31, 2016, respectively DeferredCostsLeasingNet $1.23M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 4.00M shares Point-in-time
Lease intangibles, net of accumulated amortization of $29,103 and $25,666 at March 31, 2017 and December 31, 2016, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $140.65M USD Point-in-time
Lease intangibles, net of accumulated amortization of $29,103 and $25,666 at March 31, 2017 and December 31, 2016, respectively FiniteLivedIntangibleAssetAcquiredInPlaceLeases $139.87M USD Point-in-time
Preferred stock, shares authorized PreferredStockSharesAuthorized 4.00M shares Point-in-time
Interest Rate Swaps InterestRateDerivativeAssetsAtFairValue $1.41M USD Point-in-time
Interest Rate Swaps InterestRateDerivativeAssetsAtFairValue $1.56M USD Point-in-time
Other Assets OtherAssets $2.72M USD Point-in-time
Other Assets OtherAssets $5.33M USD Point-in-time
Total Assets Assets $1.16B USD Point-in-time
Total Assets Assets $1.14B USD Point-in-time
Mortgage Notes Payable, net SecuredDebt $68.54M USD Point-in-time
Mortgage Notes Payable, net SecuredDebt $69.07M USD Point-in-time
Unsecured Term Loans, net UnsecuredDebt $158.68M USD Point-in-time
Unsecured Term Loans, net UnsecuredDebt $158.56M USD Point-in-time
Senior Unsecured Notes, net SeniorNotes $159.18M USD Point-in-time
Senior Unsecured Notes, net SeniorNotes $159.20M USD Point-in-time
Unsecured Revolving Credit Facility LineOfCredit $29.00M USD Point-in-time
Unsecured Revolving Credit Facility LineOfCredit $14.00M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $13.15M USD Point-in-time
Dividends and Distributions Payable DividendsPayableCurrentAndNoncurrent $13.12M USD Point-in-time
Deferred Revenue DeferredRevenue $1.82M USD Point-in-time
Deferred Revenue DeferredRevenue $1.65M USD Point-in-time
Accrued Interest Payable InterestPayableCurrentAndNoncurrent $2.21M USD Point-in-time
Accrued Interest Payable InterestPayableCurrentAndNoncurrent $2.67M USD Point-in-time
Capital expenditures ConstructionPayableCurrentAndNoncurrent $677.00K USD Point-in-time
Capital expenditures ConstructionPayableCurrentAndNoncurrent $61.00K USD Point-in-time
Operating AccountsPayableCurrentAndNoncurrent $4.96M USD Point-in-time
Operating AccountsPayableCurrentAndNoncurrent $4.87M USD Point-in-time
Lease intangibles, net of accumulated amortization of $8,087 and $7,078 at March 31, 2017 and December 31, 2016, respectively BelowMarketLeaseNet $30.05M USD Point-in-time
Lease intangibles, net of accumulated amortization of $8,087 and $7,078 at March 31, 2017 and December 31, 2016, respectively BelowMarketLeaseNet $30.70M USD Point-in-time
Interest Rate Swaps InterestRateDerivativeLiabilitiesAtFairValue $1.99M USD Point-in-time
Interest Rate Swaps InterestRateDerivativeLiabilitiesAtFairValue $1.40M 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 $94.00K USD Point-in-time
Tenant Deposits SecurityDepositLiability $94.00K USD Point-in-time
Total Liabilities Liabilities $470.69M USD Point-in-time
Total Liabilities Liabilities $456.46M USD Point-in-time
Common stock, $.0001 par value, 45,000,000 shares authorized, 26,219,680 and 26,164,977 shares issued and outstanding, respectively CommonStockValue $3.00K USD Point-in-time
Common stock, $.0001 par value, 45,000,000 shares authorized, 26,219,680 and 26,164,977 shares issued and outstanding, respectively CommonStockValue $3.00K 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 $711.75M USD Point-in-time
Additional paid-in-capital AdditionalPaidInCapital $712.07M USD Point-in-time
Dividends in excess of net income AccumulatedDistributionsInExcessOfNetIncome $26.96M USD Point-in-time
Dividends in excess of net income AccumulatedDistributionsInExcessOfNetIncome $28.56M USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $-536.00K USD Point-in-time
Accumulated other comprehensive income (loss) AccumulatedOtherComprehensiveIncomeLossNetOfTax $195.00K USD Point-in-time
Total Stockholders' Equity - Agree Realty Corporation StockholdersEquity $684.99M USD Point-in-time
Total Stockholders' Equity - Agree Realty Corporation StockholdersEquity $682.98M USD Point-in-time
Non-controlling interest MinorityInterest $2.56M USD Point-in-time
Non-controlling interest MinorityInterest $2.53M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $685.51M USD Point-in-time
Total Equity StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $687.55M USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $1.16B USD Point-in-time
Total Liabilities and Equity LiabilitiesAndStockholdersEquity $1.14B USD Point-in-time
Income Statement 52 line items
Line Item Tag Value Unit Period
Minimum rents OperatingLeasesIncomeStatementMinimumLeaseRevenue $18.49M USD 1 Quarter
Minimum rents OperatingLeasesIncomeStatementMinimumLeaseRevenue $24.01M USD 1 Quarter
Percentage rents PercentageRent $212.00K USD 1 Quarter
Percentage rents PercentageRent $183.00K USD 1 Quarter
Operating cost reimbursement TenantReimbursements $1.59M USD 1 Quarter
Operating cost reimbursement TenantReimbursements $2.34M USD 1 Quarter
Other income OtherIncome $-39.00K USD 1 Quarter
Other income OtherIncome $-10.00K USD 1 Quarter
Total Revenues Revenues $20.22M USD 1 Quarter
Total Revenues Revenues $26.56M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $1.81M USD 1 Quarter
Real estate taxes RealEstateTaxExpense $1.12M USD 1 Quarter
Property operating expenses DirectCostsOfLeasedAndRentedPropertyOrEquipment $797.00K USD 1 Quarter
Property operating expenses DirectCostsOfLeasedAndRentedPropertyOrEquipment $573.00K USD 1 Quarter
Land lease payments LeaseAndRentalExpense $163.00K USD 1 Quarter
Land lease payments LeaseAndRentalExpense $163.00K USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.04M USD 1 Quarter
General and administrative GeneralAndAdministrativeExpense $2.60M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $5.08M USD 1 Quarter
Depreciation and amortization DepreciationAndAmortization $7.03M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $8.99M USD 1 Quarter
Total Operating Expenses CostsAndExpenses $12.40M USD 1 Quarter
Income from Operations OperatingIncomeLoss $14.16M USD 1 Quarter
Income from Operations OperatingIncomeLoss $11.23M USD 1 Quarter
Interest expense, net InterestExpense $4.14M USD 1 Quarter
Interest expense, net InterestExpense $3.65M USD 1 Quarter
Gain (loss) on sale of assets GainsLossesOnSalesOfAssets - USD 1 Quarter
Gain (loss) on sale of assets GainsLossesOnSalesOfAssets $4.74M USD 1 Quarter
Net Income ProfitLoss $14.77M USD 1 Quarter
Net Income ProfitLoss $7.59M USD 1 Quarter
Less Net Income Attributable to Non-Controlling Interest NetIncomeLossAttributableToNoncontrollingInterest $193.00K USD 1 Quarter
Less Net Income Attributable to Non-Controlling Interest NetIncomeLossAttributableToNoncontrollingInterest $125.00K USD 1 Quarter
Net Income Attributable to Agree Realty Corporation NetIncomeLoss $14.57M USD 1 Quarter
Net Income Attributable to Agree Realty Corporation NetIncomeLoss $7.46M USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.36 USD 1 Quarter
Basic (in dollars per share) EarningsPerShareBasic $0.56 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.56 USD 1 Quarter
Diluted (in dollars per share) EarningsPerShareDiluted $0.36 USD 1 Quarter
Net income ProfitLoss $14.77M USD 1 Quarter
Net income ProfitLoss $7.59M USD 1 Quarter
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps OtherComprehensiveIncomeLossNetOfTax $-2.94M USD 1 Quarter
Other Comprehensive Income (Loss) - Gain (Loss) on Interest Rate Swaps OtherComprehensiveIncomeLossNetOfTax $741.00K USD 1 Quarter
Total Comprehensive Income ComprehensiveIncomeNetOfTax $15.51M USD 1 Quarter
Total Comprehensive Income ComprehensiveIncomeNetOfTax $4.65M USD 1 Quarter
Comprehensive Income Attributable to Non-Controlling Interest OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest $77.00K USD 1 Quarter
Comprehensive Income Attributable to Non-Controlling Interest OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToNoncontrollingInterest $203.00K USD 1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $4.57M USD 1 Quarter
Comprehensive Income Attributable to Agree Realty Corporation OtherComprehensiveIncomeLossBeforeTaxPortionAttributableToParent $15.31M USD 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 - Basic: (in shares) WeightedAverageNumberOfSharesOutstandingBasic 25.95M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 20.48M shares 1 Quarter
Weighted Average Number of Common Shares Outstanding - Diluted: (in shares) WeightedAverageNumberOfDilutedSharesOutstanding 26.01M shares 1 Quarter
Cash Flow Statement 72 line items
Line Item Tag Value Unit Period
Net income ProfitLoss $14.77M USD 1 Quarter
Net income ProfitLoss $7.59M USD 1 Quarter
Real Estate Inventory, Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts $67.00K USD Point-in-time
Real Estate Inventory, Capitalized Interest Costs RealEstateInventoryCapitalizedInterestCosts $7.00K USD Point-in-time
Depreciation Depreciation $3.38M USD 1 Quarter
Depreciation Depreciation $4.51M USD 1 Quarter
Amortization AdjustmentForAmortization $1.71M USD 1 Quarter
Amortization AdjustmentForAmortization $2.52M USD 1 Quarter
Amortization from financing and credit facility costs AmortizationOfFinancingCostsAndDiscounts $241.00K USD 1 Quarter
Amortization from financing and credit facility costs AmortizationOfFinancingCostsAndDiscounts $170.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $708.00K USD 1 Quarter
Stock-based compensation ShareBasedCompensation $629.00K USD 1 Quarter
(Gain) loss on sale of assets GainLossOnDispositionOfAssets1 $4.74M USD 1 Quarter
(Gain) loss on sale of assets GainLossOnDispositionOfAssets1 - USD 1 Quarter
(Increase) decrease in accounts receivable IncreaseDecreaseInAccountsReceivable $389.00K USD 1 Quarter
(Increase) decrease in accounts receivable IncreaseDecreaseInAccountsReceivable $1.61M USD 1 Quarter
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $440.00K USD 1 Quarter
(Increase) decrease in other assets IncreaseDecreaseInOtherOperatingAssets $-262.00K USD 1 Quarter
Increase (decrease) in accounts payable IncreaseDecreaseInAccountsPayable $2.20M USD 1 Quarter
Increase (decrease) in accounts payable IncreaseDecreaseInAccountsPayable $-590.00K USD 1 Quarter
Increase (decrease) in deferred revenue IncreaseDecreaseInDeferredRevenue $-116.00K USD 1 Quarter
Increase (decrease) in deferred revenue IncreaseDecreaseInDeferredRevenue $-173.00K USD 1 Quarter
Increase (decrease) in accrued interest IncreaseDecreaseInInterestPayableNet $1.01M USD 1 Quarter
Increase (decrease) in accrued interest IncreaseDecreaseInInterestPayableNet $461.00K 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 $15.57M USD 1 Quarter
Net Cash Provided by Operating Activities NetCashProvidedByUsedInOperatingActivitiesContinuingOperations $16.53M USD 1 Quarter
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $53.68M USD 1 Quarter
Acquisition of real estate investments and other assets PaymentsToAcquireRealEstate $33.49M USD 1 Quarter
Development of real estate investments and other assets (including capitalized interest of $67 in 2017 and $7 in 2016) PaymentsToDevelopRealEstateAssets $2.94M USD 1 Quarter
Development of real estate investments and other assets (including capitalized interest of $67 in 2017 and $7 in 2016) PaymentsToDevelopRealEstateAssets $6.20M USD 1 Quarter
Payment of leasing costs PaymentsForLeasingCosts $39.00K USD 1 Quarter
Payment of leasing costs PaymentsForLeasingCosts $389.00K USD 1 Quarter
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets - USD 1 Quarter
Net proceeds from sale of assets ProceedsFromSaleOfProductiveAssets $10.18M USD 1 Quarter
Net Cash Used In Investing Activities NetCashProvidedByUsedInInvestingActivitiesContinuingOperations $-46.82M 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 $150.00K USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $703.00K USD 1 Quarter
Repurchase of common shares PaymentsForRepurchaseOfCommonStock $1.09M USD 1 Quarter
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $42.00M USD 1 Quarter
Unsecured revolving credit facility borrowings ProceedsFromLinesOfCredit $39.00M USD 1 Quarter
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit - USD 1 Quarter
Unsecured revolving credit facility repayments RepaymentsOfLinesOfCredit $24.00M USD 1 Quarter
Payments of mortgage notes payable RepaymentsOfSecuredDebt $590.00K USD 1 Quarter
Payments of mortgage notes payable RepaymentsOfSecuredDebt $9.30M USD 1 Quarter
Payments of unsecured term loans RepaymentsOfUnsecuredDebt - USD 1 Quarter
Payments of unsecured term loans RepaymentsOfUnsecuredDebt $179.00K USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $9.60M USD 1 Quarter
Dividends paid PaymentsOfDividendsCommonStock $12.95M USD 1 Quarter
Distributions to non-controlling interest PaymentsToMinorityShareholders $162.00K USD 1 Quarter
Distributions to non-controlling interest PaymentsToMinorityShareholders $172.00K USD 1 Quarter
Payments for financing costs PaymentsOfFinancingCosts $4.00K USD 1 Quarter
Payments for financing costs PaymentsOfFinancingCosts $37.00K USD 1 Quarter
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $24.19M USD 1 Quarter
Net Cash Provided by Financing Activities NetCashProvidedByUsedInFinancingActivitiesContinuingOperations $158.00K USD 1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $-31.09M USD 1 Quarter
Net Increase (Decrease) in Cash and Cash Equivalents CashAndCashEquivalentsPeriodIncreaseDecrease $999.00K USD 1 Quarter
Cash and Cash Equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $2.71M USD Point-in-time
Cash and Cash Equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $2.30M USD Point-in-time
Cash and Cash Equivalents, beginning of period CashAndCashEquivalentsAtCarryingValue $33.40M USD Point-in-time
Cash and Cash Equivalents, beginning 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 $2.30M USD Point-in-time
Cash and Cash Equivalents, end of period CashAndCashEquivalentsAtCarryingValue $33.40M USD Point-in-time
Cash and Cash Equivalents, end of period CashAndCashEquivalentsAtCarryingValue $3.71M 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 $3.62M USD 1 Quarter
Shares issued under equity incentive plans (in dollars) StockIssued1 $3.06M USD 1 Quarter
Shares issued under equity incentive plans (in dollars) StockIssued1 $3.65M USD 1 Quarter
Stockholders Equity 13 line items
Line Item Tag Value Unit Period
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $685.51M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $687.55M USD Point-in-time
Issuance of common stock, net of issuance costs StockIssuedDuringPeriodValueNewIssues $150.00K USD 1 Quarter
Repurchase of common shares StockRepurchasedDuringPeriodValue $1.09M USD 1 Quarter
Issuance of restricted stock under the Omnibus Incentive Plan StockIssuedDuringPeriodValueRestrictedStockAwardGross - USD 1 Quarter
Forfeiture of restricted stock StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures - USD 1 Quarter
Vesting of restricted stock AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationRestrictedStockUnitsRequisiteServicePeriodRecognition $629.00K USD 1 Quarter
Dividends and distributions declared for the period Dividends $13.15M USD 1 Quarter
Other comprehensive income (loss) - change in fair value of interest rate swaps OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax $741.00K USD 1 Quarter
Net income ProfitLoss $14.77M USD 1 Quarter
Net income ProfitLoss $7.59M USD 1 Quarter
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $685.51M USD Point-in-time
Balance StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest $687.55M USD Point-in-time

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

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