10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-19-008983 |
| Period End Date | 20190930 |
| Filing Date | 20191021 |
| Fiscal Year | 2019 |
| Fiscal Period | Q3 |
| XBRL Instance | adc-20190930x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
83 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$62.54M | USD | Point-in-time |
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$82.30M | USD | Point-in-time |
| Below market lease, accumulated amortization (in dollars) |
BelowMarketLeaseAccumulatedAmortization
|
$18.61M | USD | Point-in-time |
| Below market lease, accumulated amortization (in dollars) |
BelowMarketLeaseAccumulatedAmortization
|
$15.18M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Land |
Land
|
$553.70M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Land |
Land
|
$713.71M | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
90.00M | shares | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$1.19B | USD | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
45.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
90.00M | shares | Point-in-time |
| Common stock, shares authorized |
CommonStockSharesAuthorized
|
90.00M | shares | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$1.51B | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$121.44M | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$100.31M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
37.55M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
42.41M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
42.41M | shares | Point-in-time |
| Real estate investments excluding property under development |
RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation
|
$2.10B | USD | Point-in-time |
| Real estate investments excluding property under development |
RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation
|
$1.65B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
37.55M | shares | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$16.24M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$12.96M | USD | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$1.66B | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$2.12B | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Real Estate Held for Sale, net |
RealEstateHeldForSaleNetTotal
|
$7.93M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$53.95M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$9.35M | USD | Point-in-time |
| Cash Held in Escrows |
EscrowDeposit
|
$20.00K | USD | Point-in-time |
| Cash Held in Escrows |
EscrowDeposit
|
$1.45M | USD | Point-in-time |
| Accounts Receivable - Tenants |
AccountsReceivableNet
|
$21.55M | USD | Point-in-time |
| Accounts Receivable - Tenants |
AccountsReceivableNet
|
$25.50M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $82,297 and $62,543 at September 30, 2019 and December 31, 2018, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$280.15M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $82,297 and $62,543 at September 30, 2019 and December 31, 2018, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$335.84M | USD | Point-in-time |
| Other Assets, net |
OtherAssets
|
$11.18M | USD | Point-in-time |
| Other Assets, net |
OtherAssets
|
$24.33M | USD | Point-in-time |
| Total Assets |
Assets
|
$2.03B | USD | Point-in-time |
| Total Assets |
Assets
|
$2.52B | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$60.93M | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$58.42M | USD | Point-in-time |
| Unsecured Term Loans, net |
UnsecuredDebt
|
$256.42M | USD | Point-in-time |
| Unsecured Term Loans, net |
UnsecuredDebt
|
$237.98M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$384.06M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$384.17M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$19.00M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$248.00M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$24.35M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$21.03M | USD | Point-in-time |
| Accounts Payable, Accrued Expenses, and Other Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$21.05M | USD | Point-in-time |
| Accounts Payable, Accrued Expenses, and Other Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$52.64M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $18,607 and $15,177 at September 30, 2019 and December 31, 2018, respectively |
BelowMarketLeaseNet
|
$27.22M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $18,607 and $15,177 at September 30, 2019 and December 31, 2018, respectively |
BelowMarketLeaseNet
|
$27.33M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$1.03B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$789.70M | USD | Point-in-time |
| Common stock, $.0001 par value, 90,000,000 shares authorized, 42,412,827 and 37,545,790 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively |
CommonStockValue
|
$4.00K | USD | Point-in-time |
| Common stock, $.0001 par value, 90,000,000 shares authorized, 42,412,827 and 37,545,790 shares issued and outstanding at September 30, 2019 and December 31, 2018, respectively |
CommonStockValue
|
$4.00K | USD | Point-in-time |
| Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized |
PreferredStockValue
|
- | USD | Point-in-time |
| Preferred Stock, $.0001 par value per share, 4,000,000 shares authorized |
PreferredStockValue
|
- | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$1.28B | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$1.56B | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$42.95M | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$54.84M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$1.42M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-13.07M | USD | Point-in-time |
| Total Equity - Agree Realty Corporation |
StockholdersEquity
|
$1.24B | USD | Point-in-time |
| Total Equity - Agree Realty Corporation |
StockholdersEquity
|
$1.49B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.19M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.41M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.49B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$911.19M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$910.12M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$912.86M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.29B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.24B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.47B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.07B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$2.52B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$2.03B | USD | Point-in-time |
Income Statement
113 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental Income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$48.02M | USD | 1 Quarter |
| Rental Income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$135.24M | USD | 3 Qtrs |
| Rental Income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$33.97M | USD | 1 Quarter |
| Rental Income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$99.28M | USD | 3 Qtrs |
| Other |
RevenueNotFromContractWithCustomerOther
|
$173.00K | USD | 3 Qtrs |
| Other |
RevenueNotFromContractWithCustomerOther
|
$55.00K | USD | 1 Quarter |
| Other |
RevenueNotFromContractWithCustomerOther
|
$82.00K | USD | 1 Quarter |
| Other |
RevenueNotFromContractWithCustomerOther
|
$102.00K | USD | 3 Qtrs |
| Total Revenues |
Revenues
|
$99.45M | USD | 3 Qtrs |
| Total Revenues |
Revenues
|
$34.05M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$48.08M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$135.34M | USD | 3 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$2.82M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$11.02M | USD | 3 Qtrs |
| Real estate taxes |
RealEstateTaxExpense
|
$3.67M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$7.83M | USD | 3 Qtrs |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$978.00K | USD | 1 Quarter |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$3.65M | USD | 3 Qtrs |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$1.60M | USD | 1 Quarter |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$4.83M | USD | 3 Qtrs |
| Land lease expense |
OperatingLeaseExpense
|
$922.00K | USD | 3 Qtrs |
| Land lease expense |
OperatingLeaseExpense
|
$172.00K | USD | 1 Quarter |
| Land lease expense |
OperatingLeaseExpense
|
$354.00K | USD | 1 Quarter |
| Land lease expense |
OperatingLeaseExpense
|
$511.00K | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$2.95M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$3.83M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$8.99M | USD | 3 Qtrs |
| General and administrative |
GeneralAndAdministrativeExpense
|
$11.75M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$32.60M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$23.95M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$8.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.90M | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
- | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$1.61M | USD | 3 Qtrs |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$488.00K | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$1.65M | USD | 3 Qtrs |
| Total Operating Expenses |
CostsAndExpenses
|
$46.59M | USD | 3 Qtrs |
| Total Operating Expenses |
CostsAndExpenses
|
$21.36M | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$62.72M | USD | 3 Qtrs |
| Total Operating Expenses |
CostsAndExpenses
|
$15.55M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$52.87M | USD | 3 Qtrs |
| Income from Operations |
OperatingIncomeLoss
|
$72.62M | USD | 3 Qtrs |
| Income from Operations |
OperatingIncomeLoss
|
$26.72M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$18.50M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$8.35M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$17.96M | USD | 3 Qtrs |
| Interest expense, net |
InterestExpense
|
$6.54M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$23.36M | USD | 3 Qtrs |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$3.92M | USD | 1 Quarter |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$8.97M | USD | 3 Qtrs |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$2.60M | USD | 1 Quarter |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$10.95M | USD | 3 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$391.00K | USD | 3 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$184.00K | USD | 1 Quarter |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$210.00K | USD | 3 Qtrs |
| Income tax expense |
IncomeTaxExpenseBenefit
|
$125.00K | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$15.76M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$20.78M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$16.64M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$58.02M | USD | 3 Qtrs |
| Net Income |
ProfitLoss
|
$18.72M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$45.46M | USD | 3 Qtrs |
| Net Income |
ProfitLoss
|
$13.07M | USD | 1 Quarter |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$498.00K | USD | 3 Qtrs |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$170.00K | USD | 1 Quarter |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$499.00K | USD | 3 Qtrs |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$170.00K | USD | 1 Quarter |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$44.96M | USD | 3 Qtrs |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$20.61M | USD | 1 Quarter |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$57.52M | USD | 3 Qtrs |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$15.59M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.49 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.43 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
$0.49 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$1.43 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$1.41 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$1.42 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$0.48 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.48 | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$15.76M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.78M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$16.64M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$58.02M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$18.72M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$45.46M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$13.07M | USD | 1 Quarter |
| Changes in fair value of interest rate swaps |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$3.17M | USD | 3 Qtrs |
| Changes in fair value of interest rate swaps |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-7.42M | USD | 1 Quarter |
| Changes in fair value of interest rate swaps |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$454.00K | USD | 1 Quarter |
| Changes in fair value of interest rate swaps |
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
|
$-14.62M | USD | 3 Qtrs |
| Realized gain (loss) on settlement of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement
|
$802.00K | USD | 3 Qtrs |
| Total Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$16.21M | USD | 1 Quarter |
| Total Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$13.36M | USD | 1 Quarter |
| Total Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$44.20M | USD | 3 Qtrs |
| Total Comprehensive Income |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$48.63M | USD | 3 Qtrs |
| Less Comprehensive Income Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$109.00K | USD | 1 Quarter |
| Less Comprehensive Income Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$174.00K | USD | 1 Quarter |
| Less Comprehensive Income Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$367.00K | USD | 3 Qtrs |
| Less Comprehensive Income Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$534.00K | USD | 3 Qtrs |
| Comprehensive Income Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$16.04M | USD | 1 Quarter |
| Comprehensive Income Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$48.09M | USD | 3 Qtrs |
| Comprehensive Income Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$43.84M | USD | 3 Qtrs |
| Comprehensive Income Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$13.25M | USD | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
41.83M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
31.76M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
39.99M | shares | 3 Qtrs |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
31.13M | shares | 3 Qtrs |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
40.63M | shares | 3 Qtrs |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
32.29M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
31.47M | shares | 3 Qtrs |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
42.32M | shares | 1 Quarter |
Cash Flow Statement
86 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate inventory, capitalized interest costs |
RealEstateInventoryCapitalizedInterestCosts
|
$381.00K | USD | Point-in-time |
| Real estate inventory, capitalized interest costs |
RealEstateInventoryCapitalizedInterestCosts
|
$321.00K | USD | Point-in-time |
| Net income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$15.76M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.78M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$16.64M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$58.02M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$18.72M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$45.46M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$13.07M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$32.60M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$23.95M | USD | 3 Qtrs |
| Depreciation and amortization |
DepreciationAndAmortization
|
$8.14M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$11.90M | USD | 1 Quarter |
| Amortization from above (below) lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$7.79M | USD | 3 Qtrs |
| Amortization from above (below) lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$3.00M | USD | 1 Quarter |
| Amortization from above (below) lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$9.88M | USD | 3 Qtrs |
| Amortization from above (below) lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$3.40M | USD | 1 Quarter |
| Amortization from financing and credit facility costs |
AmortizationOfFinancingCostsAndDiscounts
|
$966.00K | USD | 3 Qtrs |
| Amortization from financing and credit facility costs |
AmortizationOfFinancingCostsAndDiscounts
|
$768.00K | USD | 3 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$2.97M | USD | 3 Qtrs |
| Stock-based compensation |
ShareBasedCompensation
|
$2.17M | USD | 3 Qtrs |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
- | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$1.61M | USD | 3 Qtrs |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$488.00K | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$1.65M | USD | 3 Qtrs |
| Settlement of interest rate swap |
SettlementOfInterestRateSwap
|
$802.00K | USD | 3 Qtrs |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
$8.97M | USD | 3 Qtrs |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
$10.95M | USD | 3 Qtrs |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$5.12M | USD | 3 Qtrs |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$4.47M | USD | 3 Qtrs |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$934.00K | USD | 3 Qtrs |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-47.00K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable, accrued expenses, and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-536.00K | USD | 3 Qtrs |
| Increase (decrease) in accounts payable, accrued expenses, and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-4.91M | USD | 3 Qtrs |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$64.25M | USD | 3 Qtrs |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$88.54M | USD | 3 Qtrs |
| Acquisition of real estate investments and other assets |
PaymentsToAcquireRealEstate
|
$568.52M | USD | 3 Qtrs |
| Acquisition of real estate investments and other assets |
PaymentsToAcquireRealEstate
|
$352.08M | USD | 3 Qtrs |
| Development of real estate investments and other assets (including capitalized interest of $321 in 2019 and $381 in 2018) |
PaymentsToDevelopRealEstateAssets
|
$13.88M | USD | 3 Qtrs |
| Development of real estate investments and other assets (including capitalized interest of $321 in 2019 and $381 in 2018) |
PaymentsToDevelopRealEstateAssets
|
$17.39M | USD | 3 Qtrs |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$1.19M | USD | 3 Qtrs |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$292.00K | USD | 3 Qtrs |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$60.04M | USD | 3 Qtrs |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$34.51M | USD | 3 Qtrs |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-548.18M | USD | 3 Qtrs |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-310.63M | USD | 3 Qtrs |
| Proceeds (costs) from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$159.60M | USD | 3 Qtrs |
| Proceeds (costs) from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$276.96M | USD | 3 Qtrs |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$1.40M | USD | 3 Qtrs |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$1.14M | USD | 3 Qtrs |
| Unsecured revolving credit facility borrowings (repayments), net |
ProceedsFromLinesOfCredit
|
$229.00M | USD | 3 Qtrs |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$26.91M | USD | 3 Qtrs |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$2.65M | USD | 3 Qtrs |
| Unsecured term loan proceeds |
ProceedsFromIssuanceOfUnsecuredDebt
|
$125.00M | USD | 3 Qtrs |
| Payments of unsecured term loans |
RepaymentsOfUnsecuredDebt
|
$571.00K | USD | 3 Qtrs |
| Payments of unsecured term loans |
RepaymentsOfUnsecuredDebt
|
$18.54M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$66.10M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$49.02M | USD | 3 Qtrs |
| Distributions to Non-Controlling Interest |
PaymentsToMinorityShareholders
|
$549.00K | USD | 3 Qtrs |
| Distributions to Non-Controlling Interest |
PaymentsToMinorityShareholders
|
$582.00K | USD | 3 Qtrs |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$568.00K | USD | 3 Qtrs |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$217.00K | USD | 3 Qtrs |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$416.47M | USD | 3 Qtrs |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$205.84M | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-43.17M | USD | 3 Qtrs |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-40.53M | USD | 3 Qtrs |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$18.25M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$58.78M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.80M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$53.98M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$18.25M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$58.78M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$10.80M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$53.98M | USD | Point-in-time |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$25.50M | USD | 3 Qtrs |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$18.94M | USD | 3 Qtrs |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
$754.00K | USD | 3 Qtrs |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
$387.00K | USD | 3 Qtrs |
| Operating lease right of use assets added upon implementation of leases standard on January 1, 2019 |
RightOfUseAssetsAddedUponImplementationOfLease
|
$7.50M | USD | 3 Qtrs |
| Additional operating lease right of use assets added under new ground leases after January 1, 2019 |
AdditionalRightOfUseAssetsAddedUnderNewGroundLeases
|
$12.17M | USD | 3 Qtrs |
| Operating lease right of use assets disposed of upon acquisition of underlying ground leased land |
OperatingLeaseRightOfUseAssetsDisposedOfUnderGroundLeases
|
$-3.06M | USD | 3 Qtrs |
| Dividends and limited partners' distributions declared and unpaid |
DividendsCommonStock
|
$18.81M | USD | 3 Qtrs |
| Dividends and limited partners' distributions declared and unpaid |
DividendsCommonStock
|
$24.35M | USD | 3 Qtrs |
| Accrual of development, construction and other real estate investment costs |
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
$4.42M | USD | 3 Qtrs |
| Accrual of development, construction and other real estate investment costs |
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
$7.33M | USD | 3 Qtrs |
Stockholders Equity
55 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends declared per common share (in dollars per share) |
DividendsPayableAmountPerShare
|
$0.54 | USD | Point-in-time |
| Cash dividends declared per common share (in dollars per share) |
DividendsPayableAmountPerShare
|
$0.57 | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.49B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$911.19M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$910.12M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$912.86M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.29B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.24B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.47B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.07B | USD | Point-in-time |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$-339.00K | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$57.84M | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$-93.00K | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$160.04M | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$186.67M | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$32.45M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$68.00K | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$1.40M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$1.07M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$4.00K | USD | 1 Quarter |
| Forfeiture of restricted stock |
StockIssuedDuringPeriodValueRestrictedStockAwardForfeitures
|
$2.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$686.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.02M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$602.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$913.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$883.00K | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.03M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$24.12M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$16.32M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$21.54M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$24.35M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$16.95M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$18.81M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$-3.40M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$-3.79M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$792.00K | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$-7.42M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$1.92M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$454.00K | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$15.76M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$20.78M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$16.64M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$58.02M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$18.72M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$45.46M | USD | 3 Qtrs |
| Net income |
ProfitLoss
|
$13.07M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.49B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$911.19M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$910.12M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$912.86M | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.29B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.24B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.47B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.07B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.