10-Q Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 Q1 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-006497`
Period End Date	20210331
Filing Date	20210507
Fiscal Year	2021
Fiscal Period	Q1
XBRL Instance	gmre-20210331x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 97 Income Statement 34 Cash Flow Statement 76 Stockholders Equity 25 Comprehensive Income 14

Balance Sheet 97 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$133.04M	USD	Point-in-time
Land	`Land`	$128.86M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$851.43M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$883.90M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$15.67M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$15.18M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$50.60M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$49.20M	USD	Point-in-time
Net of unamortized debt	`DebtInstrumentUnamortizedDiscount`	$835.00K	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$103.27M	USD	Point-in-time
Net of unamortized debt	`DebtInstrumentUnamortizedDiscount`	$772.00K	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$98.23M	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.14B	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.19B	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$105.78M	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$94.46M	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.08B	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.05B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.30M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$11.34M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$77.62M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.54M	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$77.62M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.25M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$6.10M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$5.60M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$5.58M	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
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Due from related parties	`DueFromRelatedParties`	$103.00K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$229.00K	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	60.79M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.46M	shares	Point-in-time
Escrow deposits	`DepositsAssets`	$4.82M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$5.16M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	60.79M	shares	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$20.27M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.46M	shares	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$21.68M	USD	Point-in-time
Derivative asset	`DerivativeAssets`	$136.00K	USD	Point-in-time
Goodwill	`Goodwill`	$5.90M	USD	Point-in-time
Goodwill	`Goodwill`	$5.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.02M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$5.53M	USD	Point-in-time
Total assets	`Assets`	$1.14B	USD	Point-in-time
Total assets	`Assets`	$1.10B	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $3,284 and $3,559 at March 31, 2021 and December 31, 2020, respectively	`LineOfCredit`	$420.22M	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $3,284 and $3,559 at March 31, 2021 and December 31, 2020, respectively	`LineOfCredit`	$521.64M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $772 and $835 at March 31, 2021 and December 31, 2020, respectively	`NotesPayable`	$64.94M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $772 and $835 at March 31, 2021 and December 31, 2020, respectively	`NotesPayable`	$64.81M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$7.23M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$7.28M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$12.47M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$14.48M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$4.34M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$4.37M	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Due to related party	`DueToRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$18.09M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$14.60M	USD	Point-in-time
Other liability	`OtherLiabilities`	$6.79M	USD	Point-in-time
Other liability	`OtherLiabilities`	$6.17M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$8.22M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$8.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$643.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$540.50M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at March 31, 2021 and December 31, 2020, respectively (liquidation preference of $77,625 at March 31, 2021 and December 31, 2020, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at March 31, 2021 and December 31, 2020, respectively (liquidation preference of $77,625 at March 31, 2021 and December 31, 2020, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 60,794 shares and 49,461 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 60,794 shares and 49,461 shares issued and outstanding at March 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$61.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$504.79M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$648.95M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-127.48M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-116.77M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.22M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-14.59M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$581.90M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$444.81M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.96M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$13.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$595.82M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$438.79M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.14B	USD	Point-in-time

Income Statement 34 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$27.32M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$21.53M	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$116.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$24.00K	USD	1 Quarter
Total revenue	`Revenues`	$21.65M	USD	1 Quarter
Total revenue	`Revenues`	$27.35M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.38M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$1.84M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$3.69M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$2.30M	USD	1 Quarter
Management fees - related party	`ManagementFeeExpense`	$2.00M	USD	1 Quarter
Depreciation expense	`Depreciation`	$5.84M	USD	1 Quarter
Depreciation expense	`Depreciation`	$7.85M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$3.00M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$1.92M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.38M	USD	1 Quarter
Interest expense	`InterestExpense`	$5.04M	USD	1 Quarter
Management internalization expense	`ManagementInternalizationExpense`	$504.00K	USD	1 Quarter
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$66.00K	USD	1 Quarter
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$49.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$24.03M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$18.83M	USD	1 Quarter
Net income	`NetIncomeLoss`	$3.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Net loss (income) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$112.00K	USD	1 Quarter
Less: Net loss (income) attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$107.00K	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.25M	USD	1 Quarter
Net income attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.76M	USD	1 Quarter
Net income attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.03	USD	1 Quarter
Net income attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.03	USD	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	44.18M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	52.67M	shares	1 Quarter

Cash Flow Statement 76 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Depreciation expense	`Depreciation`	$5.84M	USD	1 Quarter
Depreciation expense	`Depreciation`	$7.85M	USD	1 Quarter
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$2.98M	USD	1 Quarter
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$1.92M	USD	1 Quarter
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$60.00K	USD	1 Quarter
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$247.00K	USD	1 Quarter
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$425.00K	USD	1 Quarter
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$315.00K	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.72M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$922.00K	USD	1 Quarter
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$24.00K	USD	1 Quarter
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$7.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-26.00K	USD	1 Quarter
Other	`OtherNoncashIncomeExpense`	$-10.00K	USD	1 Quarter
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$-11.00K	USD	1 Quarter
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$751.00K	USD	1 Quarter
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.63M	USD	1 Quarter
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$1.40M	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-551.00K	USD	1 Quarter
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$-28.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-287.00K	USD	1 Quarter
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.05M	USD	1 Quarter
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$27.00K	USD	1 Quarter
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$195.00K	USD	1 Quarter
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$275.00K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$15.29M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$12.26M	USD	1 Quarter
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$68.46M	USD	1 Quarter
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$43.35M	USD	1 Quarter
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$100.00K	USD	1 Quarter
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-300.00K	USD	1 Quarter
Loan repayments from (made to) related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-127.00K	USD	1 Quarter
Loan repayments from (made to) related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$5.00K	USD	1 Quarter
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$211.00K	USD	1 Quarter
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$397.00K	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-43.57M	USD	1 Quarter
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-68.76M	USD	1 Quarter
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$144.31M	USD	1 Quarter
Payment of accrued common stock offerin'g costs	`PaymentOfFinancingAndStockIssuanceCosts`	$269.00K	USD	1 Quarter
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$646.00K	USD	1 Quarter
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$72.00K	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$35.00K	USD	1 Quarter
Repayments of notes payable	`RepaymentsOfNotesPayable`	$190.00K	USD	1 Quarter
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$50.10M	USD	1 Quarter
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$81.70M	USD	1 Quarter
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$151.80M	USD	1 Quarter
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$3.60M	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$44.00K	USD	1 Quarter
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$74.00K	USD	1 Quarter
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$10.03M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$11.31M	USD	1 Quarter
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$10.03M	USD	1 Quarter
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$1.46M	USD	1 Quarter
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$1.46M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$66.19M	USD	1 Quarter
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$28.93M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$9.69M	USD	1 Quarter
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$647.00K	USD	1 Quarter
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.18M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.88M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.75M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.18M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.40M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$16.88M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$10.75M	USD	Point-in-time
Cash payments for interest	`InterestPaidNet`	$3.82M	USD	1 Quarter
Cash payments for interest	`InterestPaidNet`	$4.60M	USD	1 Quarter
Accrued dividends payable	`LiabilitiesAssumed1`	$10.95M	USD	1 Quarter
Accrued dividends payable	`LiabilitiesAssumed1`	$14.48M	USD	1 Quarter
Interest rate swap agreements fair value change recognized in other comprehensive loss	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$13.96M	USD	1 Quarter
Interest rate swap agreements fair value change recognized in other comprehensive loss	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-3.63M	USD	1 Quarter
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$6.89M	USD	1 Quarter
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	$220.00K	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$0.47	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$0.47	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$595.82M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$438.79M	USD	Point-in-time
Net income	`NetIncomeLoss`	$3.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$144.17M	USD	1 Quarter
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$3.63M	USD	1 Quarter
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$-13.96M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$922.00K	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.72M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$12.46M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$8.86M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$864.00K	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$1.03M	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$595.82M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$438.79M	USD	Point-in-time

Comprehensive Income 14 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$3.32M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.82M	USD	1 Quarter
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$3.63M	USD	1 Quarter
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-13.96M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$3.63M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-13.96M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$6.95M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-11.14M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-986.00K	USD	1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$331.00K	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-11.61M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$5.17M	USD	1 Quarter

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