10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001558370-20-004045 |
| Period End Date | 20200331 |
| Filing Date | 20200420 |
| Fiscal Year | 2020 |
| Fiscal Period | Q1 |
| XBRL Instance | adc-20200420x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
78 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$97.18M | USD | Point-in-time |
| Finite-lived intangible assets, accumulated amortization (in dollars) |
FiniteLivedIntangibleAssetsAccumulatedAmortization
|
$89.12M | USD | Point-in-time |
| Below market lease, accumulated amortization (in dollars) |
BelowMarketLeaseAccumulatedAmortization
|
$20.32M | USD | Point-in-time |
| Below market lease, accumulated amortization (in dollars) |
BelowMarketLeaseAccumulatedAmortization
|
$19.31M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Land |
Land
|
$735.99M | USD | Point-in-time |
| Common stock, par value (in dollars per share) |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Land |
Land
|
$794.62M | USD | Point-in-time |
| Buildings |
InvestmentBuildingAndBuildingImprovements
|
$1.60B | USD | 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
|
$1.73B | USD | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$135.38M | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
47.00M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
45.57M | shares | Point-in-time |
| Less accumulated depreciation |
RealEstateInvestmentPropertyAccumulatedDepreciation
|
$127.75M | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
47.00M | shares | Point-in-time |
| Real estate investments excluding property under development |
RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation
|
$2.39B | USD | Point-in-time |
| Real estate investments excluding property under development |
RealEstateInvestmentPropertyExcludingPropertyUnderDevelopmentNetOfAccumulatedDepreciation
|
$2.21B | USD | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
45.57M | shares | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$10.06M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Property under development |
DevelopmentInProcess
|
$5.37M | USD | Point-in-time |
| Preferred stock, par value (in dollars per share) |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$2.40B | USD | Point-in-time |
| Net Real Estate Investments |
RealEstateInvestmentPropertyNet
|
$2.22B | USD | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Preferred stock, shares authorized |
PreferredStockSharesAuthorized
|
4.00M | shares | Point-in-time |
| Real Estate Held for Sale, net |
RealEstateHeldForSaleNetTotal
|
$3.75M | USD | Point-in-time |
| Real Estate Held for Sale, net |
RealEstateHeldForSaleNetTotal
|
$7.79M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$72.09M | USD | Point-in-time |
| Cash and Cash Equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$15.60M | USD | Point-in-time |
| Cash Held in Escrows |
EscrowDeposit
|
$20.05M | USD | Point-in-time |
| Cash Held in Escrows |
EscrowDeposit
|
$26.55M | USD | Point-in-time |
| Accounts Receivable - Tenants |
AccountsReceivableNet
|
$27.75M | USD | Point-in-time |
| Accounts Receivable - Tenants |
AccountsReceivableNet
|
$26.81M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $97,183 and $89,118 at March 31, 2020 and December 31, 2019, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$343.51M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $97,183 and $89,118 at March 31, 2020 and December 31, 2019, respectively |
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
|
$354.69M | USD | Point-in-time |
| Other Assets, net |
OtherAssets
|
$28.96M | USD | Point-in-time |
| Other Assets, net |
OtherAssets
|
$29.71M | USD | Point-in-time |
| Total Assets |
Assets
|
$2.66B | USD | Point-in-time |
| Total Assets |
Assets
|
$2.91B | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$33.72M | USD | Point-in-time |
| Mortgage Notes Payable, net |
SecuredDebt
|
$36.70M | USD | Point-in-time |
| Unsecured Term Loans, net |
UnsecuredDebt
|
$237.45M | USD | Point-in-time |
| Unsecured Term Loans, net |
UnsecuredDebt
|
$237.40M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$509.20M | USD | Point-in-time |
| Senior Unsecured Notes, net |
SeniorNotes
|
$509.23M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$242.00M | USD | Point-in-time |
| Unsecured Revolving Credit Facility |
LineOfCredit
|
$89.00M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$26.86M | USD | Point-in-time |
| Dividends and Distributions Payable |
DividendsPayableCurrentAndNoncurrent
|
$25.01M | USD | Point-in-time |
| Accounts Payable, Accrued Expenses, and Other Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$75.33M | USD | Point-in-time |
| Accounts Payable, Accrued Expenses, and Other Liabilities |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$48.99M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $20,319 and $19,307 at March 31, 2020 and December 31, 2019, respectively |
BelowMarketLeaseNet
|
$26.67M | USD | Point-in-time |
| Lease intangibles, net of accumulated amortization of $20,319 and $19,307 at March 31, 2020 and December 31, 2019, respectively |
BelowMarketLeaseNet
|
$27.34M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$1.15B | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$972.97M | USD | Point-in-time |
| Common stock, $.0001 par value, 90,000,000 shares authorized, 47,002,109 and 45,573,623 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively |
CommonStockValue
|
$5.00K | USD | Point-in-time |
| Common stock, $.0001 par value, 90,000,000 shares authorized, 47,002,109 and 45,573,623 shares issued and outstanding at March 31, 2020 and December 31, 2019, respectively |
CommonStockValue
|
$5.00K | 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
|
$1.86B | USD | Point-in-time |
| Additional paid-in-capital |
AdditionalPaidInCapital
|
$1.75B | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$62.54M | USD | Point-in-time |
| Dividends in excess of net income |
AccumulatedDistributionsInExcessOfNetIncome
|
$57.09M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-39.29M | USD | Point-in-time |
| Accumulated other comprehensive income (loss) |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-6.49M | USD | Point-in-time |
| Total Equity - Agree Realty Corporation |
StockholdersEquity
|
$1.69B | USD | Point-in-time |
| Total Equity - Agree Realty Corporation |
StockholdersEquity
|
$1.76B | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$1.93M | USD | Point-in-time |
| Non-controlling interest |
MinorityInterest
|
$2.23M | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.29B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.76B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.24B | USD | Point-in-time |
| Total Equity |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$2.66B | USD | Point-in-time |
| Total Liabilities and Equity |
LiabilitiesAndStockholdersEquity
|
$2.91B | USD | Point-in-time |
Income Statement
54 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Rental Income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$42.34M | USD | 1 Quarter |
| Rental Income |
RevenueFromContractWithCustomerIncludingAssessedTax
|
$55.78M | USD | 1 Quarter |
| Other |
RevenueNotFromContractWithCustomerOther
|
$26.00K | USD | 1 Quarter |
| Other |
RevenueNotFromContractWithCustomerOther
|
$3.00K | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$55.81M | USD | 1 Quarter |
| Total Revenues |
Revenues
|
$42.35M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$4.70M | USD | 1 Quarter |
| Real estate taxes |
RealEstateTaxExpense
|
$3.62M | USD | 1 Quarter |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$1.74M | USD | 1 Quarter |
| Property operating expenses |
OperatingLeaseInitialDirectCostExpenseOverTerm
|
$2.33M | USD | 1 Quarter |
| Land lease expense |
OperatingLeaseExpense
|
$200.00K | USD | Annual |
| Land lease expense |
OperatingLeaseExpense
|
$195.00K | USD | 1 Quarter |
| Land lease expense |
OperatingLeaseExpense
|
$328.00K | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$4.04M | USD | 1 Quarter |
| General and administrative |
GeneralAndAdministrativeExpense
|
$4.66M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$9.86M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$14.13M | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
- | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$416.00K | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$26.16M | USD | 1 Quarter |
| Total Operating Expenses |
CostsAndExpenses
|
$19.87M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$22.48M | USD | 1 Quarter |
| Income from Operations |
OperatingIncomeLoss
|
$29.65M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$7.56M | USD | 1 Quarter |
| Interest expense, net |
InterestExpense
|
$9.67M | USD | 1 Quarter |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$3.43M | USD | 1 Quarter |
| Gain (loss) on sale of assets, net |
GainsLossesOnSalesOfAssets
|
$1.65M | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$260.00K | USD | 1 Quarter |
| Income tax (expense) benefit |
IncomeTaxExpenseBenefit
|
$-170.00K | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net Income |
ProfitLoss
|
$21.37M | USD | 1 Quarter |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$169.00K | USD | 1 Quarter |
| Less Net Income Attributable to Non-Controlling Interest |
NetIncomeLossAttributableToNoncontrollingInterest
|
$141.00K | USD | 1 Quarter |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$18.35M | USD | 1 Quarter |
| Net Income Attributable to Agree Realty Corporation |
NetIncomeLoss
|
$21.23M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.47 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.49 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.48 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.46 | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$21.37M | USD | 1 Quarter |
| Changes in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-3.40M | USD | 1 Quarter |
| Changes in fair value of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax
|
$-33.02M | USD | 1 Quarter |
| Realized gain (loss) on settlement of interest rate swaps |
OtherComprehensiveIncomeLossCashFlowHedgeGainLossFromSettlement
|
$-17.00K | USD | 1 Quarter |
| Total Comprehensive Income (Loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$-11.67M | USD | 1 Quarter |
| Total Comprehensive Income (Loss) |
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
|
$15.11M | USD | 1 Quarter |
| Less Comprehensive Income (Loss) Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$138.00K | USD | 1 Quarter |
| Less Comprehensive Income (Loss) Attributable to Non-Controlling Interest |
ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
|
$-109.00K | USD | 1 Quarter |
| Comprehensive Income (Loss) Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$14.97M | USD | 1 Quarter |
| Comprehensive Income (Loss) Attributable to Agree Realty Corporation |
ComprehensiveIncomeNetOfTax
|
$-11.56M | USD | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
45.44M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
37.49M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
45.57M | shares | 1 Quarter |
| Weighted Average Number of Common Shares Outstanding - Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
38.32M | shares | 1 Quarter |
Cash Flow Statement
72 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Real estate inventory, capitalized interest costs |
RealEstateInventoryCapitalizedInterestCosts
|
$90.00K | USD | Point-in-time |
| Real estate inventory, capitalized interest costs |
RealEstateInventoryCapitalizedInterestCosts
|
$25.00K | USD | Point-in-time |
| Net income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$21.37M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$9.86M | USD | 1 Quarter |
| Depreciation and amortization |
DepreciationAndAmortization
|
$14.13M | USD | 1 Quarter |
| Amortization from above (below) market lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$3.28M | USD | 1 Quarter |
| Amortization from above (below) market lease intangibles, net |
AmortizationOfAboveAndBelowMarketLeases
|
$3.81M | USD | 1 Quarter |
| Amortization from financing and credit facility costs |
AmortizationOfFinancingCostsAndDiscounts
|
$323.00K | USD | 1 Quarter |
| Amortization from financing and credit facility costs |
AmortizationOfFinancingCostsAndDiscounts
|
$325.00K | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$1.01M | USD | 1 Quarter |
| Stock-based compensation |
ShareBasedCompensation
|
$913.00K | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
- | USD | 1 Quarter |
| Provision for impairment |
ImpairmentOfLongLivedAssetsHeldForUse
|
$416.00K | USD | 1 Quarter |
| Settlement of interest rate swap |
SettlementOfInterestRateSwap
|
$-17.00K | USD | 1 Quarter |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
$3.43M | USD | 1 Quarter |
| (Gain) loss on sale of assets |
GainLossOnDispositionOfAssets1
|
$1.65M | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$2.15M | USD | 1 Quarter |
| (Increase) decrease in accounts receivable |
IncreaseDecreaseInAccountsReceivable
|
$1.28M | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$-50.00K | USD | 1 Quarter |
| (Increase) decrease in other assets |
IncreaseDecreaseInOtherOperatingAssets
|
$1.17M | USD | 1 Quarter |
| Increase (decrease) in accounts payable, accrued expenses, and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-9.06M | USD | 1 Quarter |
| Increase (decrease) in accounts payable, accrued expenses, and other liabilities |
IncreaseDecreaseInAccountsPayable
|
$-3.06M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$28.70M | USD | 1 Quarter |
| Net Cash Provided by Operating Activities |
NetCashProvidedByUsedInOperatingActivities
|
$23.51M | USD | 1 Quarter |
| Acquisition of real estate investments and other assets |
PaymentsToAcquireRealEstate
|
$229.59M | USD | 1 Quarter |
| Acquisition of real estate investments and other assets |
PaymentsToAcquireRealEstate
|
$142.27M | USD | 1 Quarter |
| Development of real estate investments and other assets (including capitalized interest of $25 in 2020, $90 in 2019) |
PaymentsToDevelopRealEstateAssets
|
$1.22M | USD | 1 Quarter |
| Development of real estate investments and other assets (including capitalized interest of $25 in 2020, $90 in 2019) |
PaymentsToDevelopRealEstateAssets
|
$6.12M | USD | 1 Quarter |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$189.00K | USD | 1 Quarter |
| Payment of leasing costs |
PaymentsForLeasingCosts
|
$100.00K | USD | 1 Quarter |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$24.38M | USD | 1 Quarter |
| Net proceeds from sale of assets |
ProceedsFromSaleOfProductiveAssets
|
$9.83M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-138.65M | USD | 1 Quarter |
| Net Cash Used in Investing Activities |
NetCashProvidedByUsedInInvestingActivities
|
$-206.61M | USD | 1 Quarter |
| Proceeds (costs) from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$57.84M | USD | 1 Quarter |
| Proceeds (costs) from common stock offerings, net |
ProceedsFromIssuanceOfCommonStock
|
$104.61M | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$1.40M | USD | 1 Quarter |
| Repurchase of common shares |
PaymentsForRepurchaseOfCommonStock
|
$1.63M | USD | 1 Quarter |
| Unsecured revolving credit facility borrowings (repayments), net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$153.00M | USD | 1 Quarter |
| Unsecured revolving credit facility borrowings (repayments), net |
ProceedsFromRepaymentsOfLinesOfCredit
|
$52.00M | USD | 1 Quarter |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$3.00M | USD | 1 Quarter |
| Payments of mortgage notes payable |
RepaymentsOfSecuredDebt
|
$672.00K | USD | 1 Quarter |
| Payments of unsecured term loans |
RepaymentsOfUnsecuredDebt
|
$190.00K | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$24.81M | USD | 1 Quarter |
| Dividends paid |
PaymentsOfDividendsCommonStock
|
$20.84M | USD | 1 Quarter |
| Distributions to Non-Controlling Interest |
PaymentsToMinorityShareholders
|
$193.00K | USD | 1 Quarter |
| Distributions to Non-Controlling Interest |
PaymentsToMinorityShareholders
|
$203.00K | USD | 1 Quarter |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$36.00K | USD | 1 Quarter |
| Payments for financing costs |
PaymentsOfFinancingCosts
|
$73.00K | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$86.52M | USD | 1 Quarter |
| Net Cash Provided by Financing Activities |
NetCashProvidedByUsedInFinancingActivities
|
$227.90M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$49.98M | USD | 1 Quarter |
| Net Increase (Decrease) in Cash and Cash Equivalents |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect
|
$-28.63M | USD | 1 Quarter |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$42.16M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.35M | 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, beginning of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$42.16M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$25.35M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$53.98M | USD | Point-in-time |
| Cash and cash equivalents and cash held in escrow, end of period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$92.14M | USD | Point-in-time |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$9.67M | USD | 1 Quarter |
| Cash paid for interest (net of amounts capitalized) |
InterestPaidNet
|
$6.90M | USD | 1 Quarter |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
$646.00K | USD | 1 Quarter |
| Cash paid for income tax |
IncomeTaxesPaidNet
|
$760.00K | USD | 1 Quarter |
| Operating lease right of use assets added upon implementation of leases standard on January 1, 2019 |
RightOfUseAssetsAddedUponImplementationOfLease
|
$7.50M | USD | 1 Quarter |
| Additional operating lease right of use assets added under new ground leases after January 1, 2019 |
AdditionalRightOfUseAssetsAddedUnderNewGroundLeases
|
$12.17M | USD | 1 Quarter |
| Dividends and limited partners' distributions declared and unpaid |
DividendsCommonStock
|
$26.88M | USD | 1 Quarter |
| Dividends and limited partners' distributions declared and unpaid |
DividendsCommonStock
|
$21.54M | USD | 1 Quarter |
| Accrual of development, construction and other real estate investment costs |
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
$3.03M | USD | 1 Quarter |
| Accrual of development, construction and other real estate investment costs |
ConstructionInProgressExpendituresIncurredButNotYetPaid
|
$2.63M | USD | 1 Quarter |
Stockholders Equity
21 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Cash dividends declared per common share (in dollars per share) |
DividendsPayableAmountPerShare
|
$0.58 | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.29B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.76B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.24B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$57.84M | USD | 1 Quarter |
| Issuance of common stock, net of issuance costs |
StockIssuedDuringPeriodValueNewIssues
|
$104.61M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$1.63M | USD | 1 Quarter |
| Repurchase of common shares |
StockRepurchasedDuringPeriodValue
|
$1.40M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$1.01M | USD | 1 Quarter |
| Stock-based compensation |
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
|
$913.00K | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$21.54M | USD | 1 Quarter |
| Dividends and distributions declared for the period |
Dividends
|
$26.88M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value and realized gain (loss) on settlement of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$-33.04M | USD | 1 Quarter |
| Other comprehensive income (loss) - change in fair value and realized gain (loss) on settlement of interest rate swaps |
OtherComprehensiveIncomeLossNetOfTax
|
$-3.40M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$18.52M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$21.37M | USD | 1 Quarter |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.29B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.76B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.24B | USD | Point-in-time |
| Balance |
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
|
$1.69B | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.