10-Q Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 Q3 2021

Filing Information

Form Type	10-Q
Accession Number	`0001558370-21-014833`
Period End Date	20210930
Filing Date	20211105
Fiscal Year	2021
Fiscal Period	Q3
XBRL Instance	gmre-20210930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 67 Cash Flow Statement 93 Stockholders Equity 47 Comprehensive Income 28

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$149.25M	USD	Point-in-time
Land	`Land`	$128.86M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$851.43M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$964.17M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$15.18M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$18.02M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$56.16M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$49.20M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$98.23M	USD	Point-in-time
Net of unamortized debt	`DebtInstrumentUnamortizedDiscount`	$835.00K	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$123.92M	USD	Point-in-time
Net of unamortized debt	`DebtInstrumentUnamortizedDiscount`	$644.00K	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.14B	USD	Point-in-time
Preferred stock, par value (in dollars per share)	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.31B	USD	Point-in-time
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	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
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$130.28M	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
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.18B	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.05B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.05M	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`	$6.03M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.21M	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$77.62M	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`	$5.84M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$5.13M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$5.60M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$275.00K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$103.00K	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
Escrow deposits	`DepositsAssets`	$4.82M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.46M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	64.21M	shares	Point-in-time
Escrow deposits	`DepositsAssets`	$5.97M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$24.42M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.46M	shares	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$20.27M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.21M	shares	Point-in-time
Derivative asset	`DerivativeAssets`	$219.00K	USD	Point-in-time
Goodwill	`Goodwill`	$5.90M	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`	$8.30M	USD	Point-in-time
Total assets	`Assets`	$1.24B	USD	Point-in-time
Total assets	`Assets`	$1.10B	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $8,497 and $3,559 at September 30, 2021 and December 31, 2020, respectively	`LineOfCredit`	$497.20M	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $8,497 and $3,559 at September 30, 2021 and December 31, 2020, respectively	`LineOfCredit`	$521.64M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $644 and $835 at September 30, 2021 and December 31, 2020, respectively	`NotesPayable`	$57.40M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $644 and $835 at September 30, 2021 and December 31, 2020, respectively	`NotesPayable`	$64.94M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$11.06M	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`	$15.31M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$4.34M	USD	Point-in-time
Security deposits and other	`SecurityDepositLiability`	$4.60M	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`	$12.07M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$18.09M	USD	Point-in-time
Other liability	`OtherLiabilities`	$7.10M	USD	Point-in-time
Other liability	`OtherLiabilities`	$6.17M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$8.33M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$8.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$643.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$613.08M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at September 30, 2021 and December 31, 2020, respectively (liquidation preference of $77,625 at September 30, 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 September 30, 2021 and December 31, 2020, respectively (liquidation preference of $77,625 at September 30, 2021 and December 31, 2020, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 64,208 shares and 49,461 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 64,208 shares and 49,461 shares issued and outstanding at September 30, 2021 and December 31, 2020, respectively	`CommonStockValue`	$64.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$504.79M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$700.21M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-116.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-147.56M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.95M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.22M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$615.72M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$444.81M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.50M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.96M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$442.71M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$449.21M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$630.23M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.25M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.24B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time

Income Statement 67 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$25.05M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$85.49M	USD	3 Qtrs
Rental revenue	`OperatingLeaseLeaseIncome`	$68.62M	USD	3 Qtrs
Rental revenue	`OperatingLeaseLeaseIncome`	$29.97M	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$16.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$178.00K	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$101.00K	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$42.00K	USD	1 Quarter
Total revenue	`Revenues`	$25.10M	USD	1 Quarter
Total revenue	`Revenues`	$85.59M	USD	3 Qtrs
Total revenue	`Revenues`	$29.98M	USD	1 Quarter
Total revenue	`Revenues`	$68.80M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$4.03M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$7.51M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.52M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$8.26M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$10.96M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$3.62M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$3.97M	USD	1 Quarter
Management fees - related party	`ManagementFeeExpense`	$4.02M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$19.38M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$24.78M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$6.95M	USD	1 Quarter
Depreciation expense	`Depreciation`	$8.64M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$3.30M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$2.56M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$6.83M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$9.44M	USD	3 Qtrs
Interest expense	`InterestExpense`	$14.89M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.62M	USD	3 Qtrs
Interest expense	`InterestExpense`	$4.83M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.86M	USD	1 Quarter
Management internalization expense	`ManagementInternalizationExpense`	$14.01M	USD	3 Qtrs
Management internalization expense	`ManagementInternalizationExpense`	$12.58M	USD	1 Quarter
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$146.00K	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$267.00K	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$70.00K	USD	1 Quarter
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$18.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$34.68M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$73.89M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$24.61M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$72.74M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.09M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.58M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$492.00K	USD	3 Qtrs
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-647.00K	USD	3 Qtrs
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-767.00K	USD	1 Quarter
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$224.00K	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-10.27M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-8.81M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.69M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.00M	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.13	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.19	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$-0.22	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - basic and diluted	`EarningsPerShareBasicAndDiluted`	$0.06	USD	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	45.50M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	59.40M	shares	3 Qtrs
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	64.20M	shares	1 Quarter
Weighted average shares outstanding - basic and diluted	`WeightedAverageNumberOfShareOutstandingBasicAndDiluted`	46.91M	shares	1 Quarter

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Cash acquired	`CashAcquiredFromAcquisition`	$559.00K	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.09M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.58M	USD	1 Quarter
Depreciation expense	`Depreciation`	$19.38M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$24.78M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$6.95M	USD	1 Quarter
Depreciation expense	`Depreciation`	$8.64M	USD	1 Quarter
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$6.81M	USD	3 Qtrs
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$9.38M	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$472.00K	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$318.00K	USD	3 Qtrs
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.03M	USD	3 Qtrs
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.47M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.24M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$1.57M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.57M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$3.39M	USD	3 Qtrs
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$123.00K	USD	3 Qtrs
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$167.00K	USD	3 Qtrs
Reserve for uncollectible receivables	`ReserveForUncollectibleReceivables`	$-100.00K	USD	3 Qtrs
Reserve for uncollectible receivables	`ReserveForUncollectibleReceivables`	$727.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-45.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-38.00K	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$2.47M	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$-570.00K	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.15M	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.42M	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$322.00K	USD	3 Qtrs
Other assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.38M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.17M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.96M	USD	3 Qtrs
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$260.00K	USD	3 Qtrs
Security deposits and other	`IncreaseDecreaseInSecurityDeposits`	$-780.00K	USD	3 Qtrs
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-1.73M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$51.68M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$18.39M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$136.81M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$165.74M	USD	3 Qtrs
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired of $559	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.09M	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-795.00K	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-700.00K	USD	3 Qtrs
Loan repayments from (made to) related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$10.00K	USD	3 Qtrs
Loan repayments from (made to) related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-172.00K	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$416.00K	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$1.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-166.74M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-141.61M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$38.14M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$194.43M	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.03M	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.95M	USD	3 Qtrs
Proceeds from note payable	`ProceedsFromNotesPayable`	$14.80M	USD	3 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$7.73M	USD	3 Qtrs
Repayments of notes payable	`RepaymentsOfNotesPayable`	$233.00K	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$187.70M	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$158.40M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$51.55M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$207.20M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$6.18M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$1.27M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$38.54M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$29.59M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$29.59M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$4.37M	USD	3 Qtrs
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$4.37M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$123.30M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$116.17M	USD	3 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.12M	USD	3 Qtrs
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$77.00K	USD	3 Qtrs
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.87M	USD	Point-in-time
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.26M	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-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.18M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$11.87M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$7.26M	USD	Point-in-time
Cash and cash equivalents and restricted cash-end 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 payments for interest	`InterestPaidNet`	$13.31M	USD	3 Qtrs
Cash payments for interest	`InterestPaidNet`	$12.34M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$15.31M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$11.84M	USD	3 Qtrs
Interest rate swap agreements fair value change recognized in other comprehensive loss	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-6.27M	USD	3 Qtrs
Interest rate swap agreements fair value change recognized in other comprehensive loss	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$12.98M	USD	3 Qtrs
LTIP Units and OP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$919.00K	USD	3 Qtrs
LTIP Units and OP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$15.55M	USD	3 Qtrs
CMBS loan assumed in connection with a facility acquisition	`LoansAssumed1`	$12.07M	USD	3 Qtrs
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	$169.00K	USD	3 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$909.00K	USD	3 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$975.00K	USD	3 Qtrs
Recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	$511.00K	USD	3 Qtrs
Recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	$727.00K	USD	3 Qtrs

Stockholders Equity 47 line items

Line Item	Tag	Value	Unit	Period
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.60	USD	3 Qtrs
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.61	USD	3 Qtrs
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`	$1.41	USD	3 Qtrs
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$0.47	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.41	USD	3 Qtrs
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$442.71M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$449.21M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$630.23M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.25M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.09M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.58M	USD	1 Quarter
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$38.24M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$194.51M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$24.43M	USD	1 Quarter
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$6.27M	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$2.00M	USD	1 Quarter
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$-12.98M	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$1.84M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.57M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.24M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.57M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.39M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$27.74M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$13.16M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$9.64M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$38.79M	USD	3 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStock`	$4.37M	USD	3 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to preferred stockholders	`DividendsPreferredStock`	$4.37M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$837.00K	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.60M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.59M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$859.00K	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$442.71M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$449.21M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$630.23M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.25M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$-5.09M	USD	3 Qtrs
Net income (loss)	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income (loss)	`NetIncomeLoss`	$-9.58M	USD	1 Quarter
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-12.98M	USD	3 Qtrs
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$2.00M	USD	1 Quarter
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$6.27M	USD	3 Qtrs
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$1.84M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$2.00M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.84M	USD	1 Quarter
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-12.98M	USD	3 Qtrs
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.27M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$7.21M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$19.13M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-18.07M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-7.58M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$1.46M	USD	1 Quarter
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$4.37M	USD	3 Qtrs
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$858.00K	USD	3 Qtrs
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$329.00K	USD	1 Quarter
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.55M	USD	3 Qtrs
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-628.00K	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$13.90M	USD	3 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-20.88M	USD	3 Qtrs
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$5.42M	USD	1 Quarter
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-8.40M	USD	1 Quarter

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