10-Q Filing

INNOVATIVE INDUSTRIAL PROPERTIES INC CIK: 1677576 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001144204-19-038551`
Period End Date	20190630
Filing Date	20190808
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	iipr-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 67 Income Statement 72 Cash Flow Statement 63 Stockholders Equity 36

Balance Sheet 67 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$20.48M	USD	Point-in-time
Land	`Land`	$28.49M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$109.42M	USD	Point-in-time
Buildings and improvements	`InvestmentBuildingAndBuildingImprovements`	$183.23M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$14.73M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$27.64M	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	-	USD	Point-in-time
Construction in progress	`ConstructionInProgressGross`	$6.30M	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	50.00M	shares	Point-in-time
Total real estate, at cost	`RealEstateInvestmentPropertyAtCost`	$150.93M	USD	Point-in-time
Total real estate, at cost	`RealEstateInvestmentPropertyAtCost`	$239.36M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$3.57M	USD	Point-in-time
Less accumulated depreciation	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$6.40M	USD	Point-in-time
Net real estate held for investment	`RealEstateInvestmentPropertyNet`	$147.36M	USD	Point-in-time
Net real estate held for investment	`RealEstateInvestmentPropertyNet`	$232.96M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$47.43M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$13.05M	USD	Point-in-time
Restricted Cash	`RestrictedCash`	-	USD	Point-in-time
Restricted Cash	`RestrictedCash`	$10.02M	USD	Point-in-time
Short-term investments, net	`ShortTermInvestments`	$120.44M	USD	Point-in-time
Short-term investments, net	`ShortTermInvestments`	$138.73M	USD	Point-in-time
Other assets, net	`OtherAssets`	$1.58M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Other assets, net	`OtherAssets`	$614.00K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total assets	`Assets`	$430.72M	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	50.00M	shares	Point-in-time
Total assets	`Assets`	$281.47M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	9.78M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	9.81M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	9.81M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	9.78M	shares	Point-in-time
Exchangeable senior notes, net	`ConvertibleDebt`	$133.67M	USD	Point-in-time
Exchangeable senior notes, net	`ConvertibleDebt`	-	USD	Point-in-time
Tenant improvements and construction funding payable	`TenantImprovementsAndConstructionPayable`	$8.82M	USD	Point-in-time
Tenant improvements and construction funding payable	`TenantImprovementsAndConstructionPayable`	$2.43M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$3.58M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$1.97M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$3.76M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$6.22M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$2.03M	USD	Point-in-time
Rent received in advance and tenant security deposits	`RentsReceivedInAdvanceAndTenantSecurityDeposit`	$12.24M	USD	Point-in-time
Rent received in advance and tenant security deposits	`RentsReceivedInAdvanceAndTenantSecurityDeposit`	$9.01M	USD	Point-in-time
Total liabilities	`Liabilities`	$17.17M	USD	Point-in-time
Total liabilities	`Liabilities`	$164.53M	USD	Point-in-time
Commitments and contingencies (Notes 6 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Notes 6 and 11)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, par value $0.001 per share, 50,000,000 shares authorized: 9.00% Series A cumulative redeemable preferred stock, $15,000 liquidation preference ($25.00 per share), 600,000 shares issued and outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	$14.01M	USD	Point-in-time
Preferred stock, par value $0.001 per share, 50,000,000 shares authorized: 9.00% Series A cumulative redeemable preferred stock, $15,000 liquidation preference ($25.00 per share), 600,000 shares issued and outstanding at June 30, 2019 and December 31, 2018	`PreferredStockValue`	$14.01M	USD	Point-in-time
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 9,809,171 and 9,775,800 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Common stock, par value $0.001 per share, 50,000,000 shares authorized: 9,809,171 and 9,775,800 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$10.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$260.54M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$266.36M	USD	Point-in-time
Dividends in excess of earnings	`DividendInExcessOfEarnings`	$-14.19M	USD	Point-in-time
Dividends in excess of earnings	`DividendInExcessOfEarnings`	$-10.27M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$264.29M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$266.19M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$151.17M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$73.55M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$268.38M	USD	Point-in-time
Total stockholders' equity	`StockholdersEquity`	$151.59M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$281.47M	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$430.72M	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$8.28M	USD	1 Quarter
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$5.92M	USD	2 Qtrs
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$3.25M	USD	1 Quarter
Rental	`OperatingLeasesIncomeStatementLeaseRevenue`	$14.86M	USD	2 Qtrs
Tenant reimbursements	`TenantsReimbursements`	$155.00K	USD	2 Qtrs
Tenant reimbursements	`TenantsReimbursements`	$584.00K	USD	2 Qtrs
Tenant reimbursements	`TenantsReimbursements`	$337.00K	USD	1 Quarter
Tenant reimbursements	`TenantsReimbursements`	$68.00K	USD	1 Quarter
Total revenues	`Revenues`	$3.31M	USD	1 Quarter
Total revenues	`Revenues`	$8.62M	USD	1 Quarter
Total revenues	`Revenues`	$6.08M	USD	2 Qtrs
Total revenues	`Revenues`	$15.44M	USD	2 Qtrs
Property expenses	`LeaseCost`	$584.00K	USD	2 Qtrs
Property expenses	`LeaseCost`	$337.00K	USD	1 Quarter
Property expenses	`LeaseCost`	$155.00K	USD	2 Qtrs
Property expenses	`LeaseCost`	$68.00K	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.59M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$1.47M	USD	1 Quarter
General and administrative expense	`GeneralAndAdministrativeExpense`	$2.95M	USD	2 Qtrs
General and administrative expense	`GeneralAndAdministrativeExpense`	$4.51M	USD	2 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$1.01M	USD	2 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$1.61M	USD	1 Quarter
Depreciation expense	`DepreciationDepletionAndAmortization`	$2.83M	USD	2 Qtrs
Depreciation expense	`DepreciationDepletionAndAmortization`	$536.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$4.54M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$7.93M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$4.12M	USD	2 Qtrs
Total expenses	`OperatingExpenses`	$2.08M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$1.24M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$4.07M	USD	1 Quarter
Income from operations	`OperatingIncomeLoss`	$7.51M	USD	2 Qtrs
Income from operations	`OperatingIncomeLoss`	$1.96M	USD	2 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$527.00K	USD	2 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$2.17M	USD	2 Qtrs
Interest and other income	`InvestmentIncomeInterest`	$306.00K	USD	1 Quarter
Interest and other income	`InvestmentIncomeInterest`	$1.17M	USD	1 Quarter
Interest expense	`InterestExpense`	-	USD	2 Qtrs
Interest expense	`InterestExpense`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$1.83M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.62M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.41M	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$338.00K	USD	1 Quarter
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$676.00K	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$676.00K	USD	2 Qtrs
Preferred stock dividend	`PreferredStockDividendsIncomeStatementImpact`	$338.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.81M	USD	2 Qtrs
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.07M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.20M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$6.38M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.18	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.28	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.31	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.64	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.27	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.30	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.17	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.64	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.67M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.26M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.64M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	9.67M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.81M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	9.80M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.41M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.78M	shares	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$1.05	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.25	USD	1 Quarter
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	2 Qtrs
Dividends declared per common share	`CommonStockDividendsPerShareDeclared`	$0.60	USD	1 Quarter

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$2.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.41M	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$1.01M	USD	2 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$1.61M	USD	1 Quarter
Depreciation	`DepreciationDepletionAndAmortization`	$2.83M	USD	2 Qtrs
Depreciation	`DepreciationDepletionAndAmortization`	$536.00K	USD	1 Quarter
Stock-based compensation	`ShareBasedCompensation`	$693.00K	USD	2 Qtrs
Stock-based compensation	`ShareBasedCompensation`	$1.19M	USD	2 Qtrs
Amortization of discounts on short-term investments	`AmortizationOfDiscountsOnShortTermInvestments`	$-1.84M	USD	2 Qtrs
Amortization of discounts on short-term investments	`AmortizationOfDiscountsOnShortTermInvestments`	$-249.00K	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	$692.00K	USD	2 Qtrs
Amortization of debt discounts and issuance costs	`AmortizationOfFinancingCostsAndDiscounts`	-	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$77.00K	USD	2 Qtrs
Other assets, net	`IncreaseDecreaseInOtherOperatingAssets`	$974.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-258.00K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.55M	USD	2 Qtrs
Rent received in advance and tenant security deposits	`IncreaseDecreaseInCustomerAdvances`	$983.00K	USD	2 Qtrs
Rent received in advance and tenant security deposits	`IncreaseDecreaseInCustomerAdvances`	$3.22M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.62M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.69M	USD	2 Qtrs
Purchases of investments in real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$8.91M	USD	2 Qtrs
Purchases of investments in real estate	`PaymentsToAcquireRealEstateHeldForInvestment`	$62.16M	USD	2 Qtrs
Reimbursements of tenant improvements and construction funding	`PaymentsForTenantImprovements`	$19.88M	USD	2 Qtrs
Reimbursements of tenant improvements and construction funding	`PaymentsForTenantImprovements`	$3.88M	USD	2 Qtrs
Deposits in escrow for acquisitions	`PaymentOfDepositsToEscrowForAcquisition`	$750.00K	USD	2 Qtrs
Deposits in escrow for acquisitions	`PaymentOfDepositsToEscrowForAcquisition`	-	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$61.17M	USD	2 Qtrs
Purchases of short-term investments	`PaymentsToAcquireShortTermInvestments`	$116.94M	USD	2 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$4.00M	USD	2 Qtrs
Maturities of short-term investments	`ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments`	$100.50M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-69.96M	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-99.24M	USD	2 Qtrs
Issuance of common stock, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$79.31M	USD	2 Qtrs
Issuance of common stock, net of offering costs	`ProceedsFromIssuanceOfCommonStock`	$-74.00K	USD	2 Qtrs
Net proceeds from issuance of exchangeable senior notes	`ProceedsFromIssuanceOfExchangeOfSeniorNotes`	-	USD	2 Qtrs
Net proceeds from issuance of exchangeable senior notes	`ProceedsFromIssuanceOfExchangeOfSeniorNotes`	$138.54M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$2.57M	USD	2 Qtrs
Dividends paid to common stockholders	`PaymentsOfDividendsCommonStock`	$7.83M	USD	2 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$661.00K	USD	2 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$676.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$390.00K	USD	2 Qtrs
Taxes paid related to net share settlement of equity awards	`PaymentsRelatedToTaxWithholdingForShareBasedCompensation`	$939.00K	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$129.02M	USD	2 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$75.69M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$44.40M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.43M	USD	2 Qtrs
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.05M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$21.18M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$57.45M	USD	Point-in-time
Cash, cash equivalents and restricted cash, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$13.05M	USD	Point-in-time
Accrual for reimbursements of tenant improvements and construction funding	`AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding`	$8.82M	USD	2 Qtrs
Accrual for reimbursements of tenant improvements and construction funding	`AccrualForReimbursementsOfTenantImprovementsAndConstructionFunding`	$2.08M	USD	2 Qtrs
Accrual for common and preferred stock dividends declared	`DividendsPayableCurrentAndNoncurrent`	$3.76M	USD	Point-in-time
Accrual for common and preferred stock dividends declared	`DividendsPayableCurrentAndNoncurrent`	$6.22M	USD	Point-in-time
Accrual for common and preferred stock dividends declared	`DividendsPayableCurrentAndNoncurrent`	$2.03M	USD	Point-in-time
Accrual for stock issuance costs	`PaymentsOfStockIssuanceCosts`	$64.00K	USD	2 Qtrs
Accrual for stock issuance costs	`PaymentsOfStockIssuanceCosts`	$31.00K	USD	2 Qtrs

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Balance	`StockholdersEquity`	$264.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$266.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$151.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$73.55M	USD	Point-in-time
Balance	`StockholdersEquity`	$268.38M	USD	Point-in-time
Balance	`StockholdersEquity`	$151.59M	USD	Point-in-time
Net income	`NetIncomeLoss`	$2.49M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$7.05M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$1.54M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.41M	USD	1 Quarter
Equity component of exchangeable senior notes	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	$5.57M	USD	2 Qtrs
Equity component of exchangeable senior notes	`AdjustmentsToAdditionalPaidInCapitalConvertibleDebtWithConversionFeature`	-	USD	2 Qtrs
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueSaleOfCommonStock`	$79.31M	USD	2 Qtrs
Net proceeds from sale of common stock	`StockIssuedDuringPeriodValueSaleOfCommonStock`	-	USD	2 Qtrs
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-939.00K	USD	2 Qtrs
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	-	USD	1 Quarter
Net issuance of unvested restricted stock	`StockIssuedDuringPeriodValueRestrictedStockAwardGross`	$-390.00K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$676.00K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$676.00K	USD	2 Qtrs
Preferred stock dividend	`DividendsPreferredStock`	$338.00K	USD	1 Quarter
Preferred stock dividend	`DividendsPreferredStock`	$338.00K	USD	1 Quarter
Common stock dividend	`DividendsCommonStockCash`	$1.70M	USD	1 Quarter
Common stock dividend	`DividendsCommonStockCash`	$3.39M	USD	2 Qtrs
Common stock dividend	`DividendsCommonStockCash`	$10.30M	USD	2 Qtrs
Common stock dividend	`DividendsCommonStockCash`	$5.88M	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$693.00K	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$1.19M	USD	2 Qtrs
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$623.00K	USD	1 Quarter
Stock-based compensation	`StockIssuedDuringPeriodValueShareBasedCompensationGross`	$363.00K	USD	1 Quarter
Balance	`StockholdersEquity`	$264.29M	USD	Point-in-time
Balance	`StockholdersEquity`	$266.19M	USD	Point-in-time
Balance	`StockholdersEquity`	$151.17M	USD	Point-in-time
Balance	`StockholdersEquity`	$73.55M	USD	Point-in-time
Balance	`StockholdersEquity`	$268.38M	USD	Point-in-time
Balance	`StockholdersEquity`	$151.59M	USD	Point-in-time

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