10-Q Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 Q3 2017

Filing Information

Form Type	10-Q
Accession Number	`0001144204-17-057727`
Period End Date	20170930
Filing Date	20171109
Fiscal Year	2017
Fiscal Period	Q3
XBRL Instance	gmre-20170930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 76 Cash Flow Statement 96

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Notes payable, net of unamortized discount	`DebtInstrumentUnamortizedDiscount`	$963.18K	USD	Point-in-time
Notes payable, net of unamortized discount	`DebtInstrumentUnamortizedDiscount`	$1.06M	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
Land	`Land`	$36.84M	USD	Point-in-time
Land	`Land`	$17.79M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$179.25M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$349.04M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	0.00	shares	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$1.47M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$3.99M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$5.10M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$1.19M	USD	Point-in-time
Preferred Stock, Liquidation Preference, Value	`PreferredStockLiquidationPreferenceValue`	-	USD	Point-in-time
Preferred Stock, Liquidation Preference, Value	`PreferredStockLiquidationPreferenceValue`	$77.62M	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
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$7.19M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$27.31M	USD	Point-in-time
Real Estate Investment Property, at Cost, Total	`RealEstateInvestmentPropertyAtCost`	$206.88M	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Real Estate Investment Property, at Cost, Total	`RealEstateInvestmentPropertyAtCost`	$422.28M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$3.37M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	21.63M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$10.14M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	17.61M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$412.14M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	17.61M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$203.51M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	21.63M	shares	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$6.78M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$81.35M	USD	Point-in-time
Cash	`CashAndCashEquivalentsAtCarryingValue`	$19.67M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$2.04M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$941.34K	USD	Point-in-time
Tenant receivables	`AccountsReceivableNet`	$212.44K	USD	Point-in-time
Tenant receivables	`AccountsReceivableNet`	$616.74K	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$1.30M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$1.21M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$704.54K	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$2.92M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$2.98M	USD	Point-in-time
Deferred financing costs, net	`DeferredFinanceCostsNet`	$927.09K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$140.37K	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$160.21K	USD	Point-in-time
Total assets	`Assets`	$428.93M	USD	Point-in-time
Total assets	`Assets`	$227.32M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$27.70M	USD	Point-in-time
Revolving credit facility	`LineOfCredit`	$126.10M	USD	Point-in-time
Notes payable, net of unamortized discount of $963,184 and $1,061,602 at September 30, 2017 and December 31, 2016, respectively	`NotesPayable`	$38.41M	USD	Point-in-time
Notes payable, net of unamortized discount of $963,184 and $1,061,602 at September 30, 2017 and December 31, 2016, respectively	`NotesPayable`	$38.51M	USD	Point-in-time
Notes payable to related parties	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	$421.00K	USD	Point-in-time
Notes payable to related parties	`NotesPayableRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$2.43M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$574.00K	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$4.77M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$3.60M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$2.21M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$719.59K	USD	Point-in-time
Due to related parties, net	`DueToRelatedPartiesCurrentAndNoncurrent`	$802.29K	USD	Point-in-time
Due to related parties, net	`DueToRelatedPartiesCurrentAndNoncurrent`	$580.91K	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$277.92K	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$1.08M	USD	Point-in-time
Total liabilities	`Liabilities`	$72.29M	USD	Point-in-time
Total liabilities	`Liabilities`	$175.90M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized; 3,105,000 and no shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively (liquidation preference of $77,625,000 and $0, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000,000 shares authorized; 3,105,000 and no shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively (liquidation preference of $77,625,000 and $0, respectively)	`PreferredStockValue`	-	USD	Point-in-time
Common stock, $0.001 par value, 500,000,000 shares authorized; 21,630,675 and 17,605,675 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$17.61K	USD	Point-in-time
Common stock, $0.001 par value, 500,000,000 shares authorized; 21,630,675 and 17,605,675 shares issued and outstanding at September 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$21.63K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$172.00M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$207.27M	USD	Point-in-time
Accumulated deficit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-29.91M	USD	Point-in-time
Accumulated deficit	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-16.99M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$155.03M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$252.33M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$691.92K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$155.03M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$253.03M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$227.32M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$428.93M	USD	Point-in-time

Income Statement 76 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$19.22M	USD	3 Qtrs
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$1.93M	USD	1 Quarter
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$4.99M	USD	3 Qtrs
Rental revenue	`OperatingLeasesIncomeStatementLeaseRevenue`	$7.92M	USD	1 Quarter
Expense recoveries	`ReimbursementRevenue`	-	USD	3 Qtrs
Expense recoveries	`ReimbursementRevenue`	-	USD	1 Quarter
Expense recoveries	`ReimbursementRevenue`	$1.14M	USD	3 Qtrs
Expense recoveries	`ReimbursementRevenue`	$443.82K	USD	1 Quarter
Other income	`OtherRealEstateRevenue`	$111.50K	USD	3 Qtrs
Other income	`OtherRealEstateRevenue`	$23.13K	USD	1 Quarter
Other income	`OtherRealEstateRevenue`	$70.22K	USD	1 Quarter
Other income	`OtherRealEstateRevenue`	$93.20K	USD	3 Qtrs
Total revenue	`Revenues`	$20.47M	USD	3 Qtrs
Total revenue	`Revenues`	$2.00M	USD	1 Quarter
Total revenue	`Revenues`	$8.39M	USD	1 Quarter
Total revenue	`Revenues`	$5.09M	USD	3 Qtrs
Acquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	$651.64K	USD	1 Quarter
Acquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	3 Qtrs
Acquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	-	USD	1 Quarter
Acquisition fees	`BusinessCombinationAcquisitionRelatedCosts`	$2.13M	USD	3 Qtrs
Acquisition fees - related party	`RelatedPartyCosts`	-	USD	1 Quarter
Acquisition fees - related party	`RelatedPartyCosts`	$754.00K	USD	3 Qtrs
Acquisition fees - related party	`RelatedPartyCosts`	-	USD	3 Qtrs
Acquisition fees - related party	`RelatedPartyCosts`	-	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.42M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$989.53K	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.72M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.96M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$464.51K	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$1.23M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$15.69K	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$1.02K	USD	1 Quarter
Management fees - related party	`ManagementFeeExpense`	$2.06M	USD	3 Qtrs
Management fees - related party	`ManagementFeeExpense`	$807.15K	USD	3 Qtrs
Management fees - related party	`ManagementFeeExpense`	$803.80K	USD	1 Quarter
Management fees - related party	`ManagementFeeExpense`	$627.15K	USD	1 Quarter
Depreciation expense	`Depreciation`	$2.18M	USD	1 Quarter
Depreciation expense	`Depreciation`	$5.37M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$1.53M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$585.45K	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	-	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$523.49K	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	-	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$1.33M	USD	3 Qtrs
Interest expense	`InterestExpense`	$1.05M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.17M	USD	1 Quarter
Interest expense	`InterestExpense`	$3.44M	USD	3 Qtrs
Interest expense	`InterestExpense`	$5.27M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$3.99M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$21.81M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$9.51M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$7.78M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.34M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$605.54K	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-1.98M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-4.42M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$258.75K	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	-	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$258.75K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-34.48K	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-34.48K	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$381.27K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.98M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.56M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-4.42M	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.11	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.02	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.08	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.68	USD	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	17.37M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	6.51M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	21.52M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	18.94M	shares	3 Qtrs

Cash Flow Statement 96 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLoss`	$-1.34M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$605.54K	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.98M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-4.42M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$2.18M	USD	1 Quarter
Depreciation expense	`Depreciation`	$5.37M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$1.53M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$585.45K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$215.45K	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfDeferredCharges`	$840.21K	USD	3 Qtrs
Amortization of acquired lease intangible assets	`AmortizationOfLeasedAsset`	$1.33M	USD	3 Qtrs
Amortization of acquired lease intangible assets	`AmortizationOfLeasedAsset`	-	USD	3 Qtrs
Amortization of above (below) market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$13.97K	USD	3 Qtrs
Amortization of above (below) market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	-	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.48M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$830.83K	USD	3 Qtrs
Advisory expense settled in OP Units	`IssuanceOfStockAndWarrantsForServicesOrClaims`	-	USD	3 Qtrs
Advisory expense settled in OP Units	`IssuanceOfStockAndWarrantsForServicesOrClaims`	$77.50K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$438.19K	USD	3 Qtrs
Restricted cash	`IncreaseDecreaseInRestrictedCashForOperatingActivities`	$1.14M	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$404.31K	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$177.37K	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$222.32K	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$2.22M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	-	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$21.89K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-267.63K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.62M	USD	3 Qtrs
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$597.59K	USD	3 Qtrs
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$1.49M	USD	3 Qtrs
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$297.15K	USD	3 Qtrs
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$183.10K	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$7.28M	USD	3 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-2.06M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$213.54M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$68.69M	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-394.31K	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$60.00K	USD	3 Qtrs
Loans repayments from (made to) related party	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$38.43K	USD	3 Qtrs
Loans repayments from (made to) related party	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-39.00K	USD	3 Qtrs
Pre-acquisition costs for purchase of properties	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	$-51.46K	USD	3 Qtrs
Pre-acquisition costs for purchase of properties	`PaymentsForProceedsFromDepositsOnRealEstateAcquisitions`	-	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-213.51M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.34M	USD	3 Qtrs
Net proceeds received from preferred stock offering	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	3 Qtrs
Net proceeds received from preferred stock offering	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$75.15M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$137.36M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$33.79M	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-46.02K	USD	3 Qtrs
Change in restricted cash	`IncreaseDecreaseInRestrictedCash`	$-80.04K	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$25.49K	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$843.64K	USD	3 Qtrs
Loans (repaid to) from related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$29.99K	USD	3 Qtrs
Loans (repaid to) from related party	`ProceedsFromRepaymentsOfRelatedPartyDebt`	$-149.00	USD	3 Qtrs
Repayment of convertible debenture, due to related party	`RepaymentsOfConvertibleDebt`	-	USD	3 Qtrs
Repayment of convertible debenture, due to related party	`RepaymentsOfConvertibleDebt`	$10.00M	USD	3 Qtrs
Proceeds from notes payable from acquisitions	`ProceedsFromConvertibleDebt`	$41.32M	USD	3 Qtrs
Proceeds from notes payable from acquisitions	`ProceedsFromConvertibleDebt`	-	USD	3 Qtrs
Payments on notes payable from acquisitions	`PaymentsOnNotesPayableFromAcquisitions`	$24.01M	USD	3 Qtrs
Payments on notes payable from acquisitions	`PaymentsOnNotesPayableFromAcquisitions`	-	USD	3 Qtrs
Proceeds from note payable from related party	`ProceedsFromNotesPayable`	$450.00K	USD	3 Qtrs
Proceeds from note payable from related party	`ProceedsFromNotesPayable`	-	USD	3 Qtrs
Repayment of note payable from related party	`RepaymentsOfRelatedPartyDebt`	$450.00K	USD	3 Qtrs
Repayment of note payable from related party	`RepaymentsOfRelatedPartyDebt`	$421.00K	USD	3 Qtrs
Proceeds from revolving credit facility, net	`ProceedsFromNotesPayableFromAcquisitions`	-	USD	3 Qtrs
Proceeds from revolving credit facility, net	`ProceedsFromNotesPayableFromAcquisitions`	$98.40M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$2.79M	USD	3 Qtrs
Payments of deferred financing costs	`PaymentsOfDebtIssuanceCosts`	$1.09M	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividends`	$285.70K	USD	3 Qtrs
Dividends paid to stockholders	`PaymentsOfDividends`	$10.82M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$142.56M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$193.33M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$-12.89M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect`	$72.16M	USD	3 Qtrs
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$6.78M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$81.35M	USD	Point-in-time
Cash and cash equivalentsbeginning of period	`CashAndCashEquivalentsAtCarryingValue`	$19.67M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$6.78M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$9.18M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$81.35M	USD	Point-in-time
Cash and cash equivalentsend of period	`CashAndCashEquivalentsAtCarryingValue`	$19.67M	USD	Point-in-time
Cash payments for interest	`InterestPaidNet`	$3.70M	USD	3 Qtrs
Cash payments for interest	`InterestPaidNet`	$3.93M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$4.77M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$3.59M	USD	3 Qtrs
Stock Issued	`StockIssued1`	$30.03M	USD	3 Qtrs
Stock Issued	`StockIssued1`	-	USD	3 Qtrs
Accrued preferred stock offering costs	`AccruedOfferingCostsPreferredStock`	$187.72K	USD	3 Qtrs
Accrued preferred stock offering costs	`AccruedOfferingCostsPreferredStock`	-	USD	3 Qtrs
Reclassification of common stock offering costs to additional paid-in capital	`ReclassificationOfCommonStockOfferingCostToAdditionalPaidInCapitalNonCashOrPartialNonCashTransaction`	$443.50K	USD	3 Qtrs
Reclassification of common stock offering costs to additional paid-in capital	`ReclassificationOfCommonStockOfferingCostToAdditionalPaidInCapitalNonCashOrPartialNonCashTransaction`	$1.68M	USD	3 Qtrs
Reclassification of preferred stock offering costs to preferred stock balance	`ReclassificationOfPreferredStockOfferingCostToPreferredStockValueNonCashOrPartialNonCashTransaction`	$220.81K	USD	3 Qtrs
Reclassification of preferred stock offering costs to preferred stock balance	`ReclassificationOfPreferredStockOfferingCostToPreferredStockValueNonCashOrPartialNonCashTransaction`	-	USD	3 Qtrs
Accrued capitalized offering costs	`CapitalExpendituresIncurredButNotYetPaid`	-	USD	3 Qtrs
Accrued capitalized offering costs	`CapitalExpendituresIncurredButNotYetPaid`	$49.41K	USD	3 Qtrs

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