10-K Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001558370-22-002518`
Period End Date	20211231
Filing Date	20220301
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	gmre-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 66 Cash Flow Statement 145 Stockholders Equity 39 Comprehensive Income 21

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$128.86M	USD	Point-in-time
Land	`Land`	$152.06M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$851.43M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$985.09M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$19.02M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$15.18M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$58.90M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$49.20M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$98.23M	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$607.00K	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$127.93M	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$835.00K	USD	Point-in-time
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.34B	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
Investment in real estate, Total	`RealEstateInvestmentPropertyAtCost`	$1.14B	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$143.25M	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
Preferred stock, shares authorized	`PreferredStockSharesAuthorized`	10.00M	shares	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`	$1.20B	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.05B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$5.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$7.21M	USD	Point-in-time
Preferred stock, shares outstanding	`PreferredStockSharesOutstanding`	3.10M	shares	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`	$5.55M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.25M	USD	Point-in-time
Preferred stock, liquidation preference	`PreferredStockLiquidationPreferenceValue`	$77.62M	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$6.07M	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
Tenant receivables, net	`AccountsReceivableNet`	$5.60M	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
Due from related parties	`DueFromRelatedParties`	$163.00K	USD	Point-in-time
Common stock, shares authorized	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	49.46M	shares	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	64.88M	shares	Point-in-time
Escrow deposits	`DepositsAssets`	$5.96M	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$4.82M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$20.27M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$25.42M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.88M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	49.46M	shares	Point-in-time
Derivative asset	`DerivativeAssets`	$1.24M	USD	Point-in-time
Derivative asset	`DerivativeAssets`	-	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`	$6.23M	USD	Point-in-time
Total assets	`Assets`	$1.10B	USD	Point-in-time
Total assets	`Assets`	$1.26B	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $8,033 and $3,559 at December 31, 2021 and December 31, 2020, respectively	`LineOfCredit`	$521.64M	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $8,033 and $3,559 at December 31, 2021 and December 31, 2020, respectively	`LineOfCredit`	$514.57M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $607 and $835 at December 31, 2021 and December 31, 2020, respectively	`NotesPayable`	$57.16M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $607 and $835 at December 31, 2021 and December 31, 2020, respectively	`NotesPayable`	$64.94M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$10.34M	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`	$15.67M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$4.54M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$4.34M	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`	$7.79M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$18.09M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$7.71M	USD	Point-in-time
Other liabilities	`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`	$8.13M	USD	Point-in-time
Total liabilities	`Liabilities`	$643.15M	USD	Point-in-time
Total liabilities	`Liabilities`	$625.91M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at December 31, 2021 and December 31, 2020, respectively (liquidation preference of $77,625 at December 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 December 31, 2021 and December 31, 2020, respectively (liquidation preference of $77,625 at December 31, 2021 and December 31, 2020, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 64,880 shares and 49,461 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$49.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 64,880 shares and 49,461 shares issued and outstanding at December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$65.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$504.79M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$711.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-116.77M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-157.02M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.64M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-18.22M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$622.78M	USD	Point-in-time
Total Global Medical REIT Inc. stockholders' equity	`StockholdersEquity`	$444.81M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.79M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$12.96M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.10B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.26B	USD	Point-in-time

Income Statement 66 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$70.52M	USD	Annual
Rental revenue	`OperatingLeaseLeaseIncome`	$93.52M	USD	Annual
Rental revenue	`OperatingLeaseLeaseIncome`	$115.80M	USD	Annual
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$211.00K	USD	Annual
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$132.00K	USD	Annual
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$212.00K	USD	Annual
Total revenue	`Revenues`	$115.94M	USD	Annual
Total revenue	`Revenues`	$93.73M	USD	Annual
Total revenue	`Revenues`	$70.73M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$16.45M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$11.94M	USD	Annual
General and administrative	`GeneralAndAdministrativeExpense`	$6.54M	USD	Annual
Operating expenses	`OtherGeneralExpense`	$15.49M	USD	Annual
Operating expenses	`OtherGeneralExpense`	$5.96M	USD	Annual
Operating expenses	`OtherGeneralExpense`	$10.87M	USD	Annual
Management fees - related party	`ManagementFeeExpense`	$6.27M	USD	Annual
Management fees - related party	`ManagementFeeExpense`	-	USD	Annual
Management fees - related party	`ManagementFeeExpense`	$4.02M	USD	Annual
Depreciation expense	`Depreciation`	$26.75M	USD	Annual
Depreciation expense	`Depreciation`	$33.83M	USD	Annual
Depreciation expense	`Depreciation`	$19.07M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$5.57M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$9.61M	USD	Annual
Amortization expense	`AdjustmentForAmortization`	$13.05M	USD	Annual
Interest expense	`InterestExpense`	$19.70M	USD	Annual
Interest expense	`InterestExpense`	$17.47M	USD	Annual
Interest expense	`InterestExpense`	$18.68M	USD	Annual
Management internalization expense	`ManagementInternalizationExpense`	$14.01M	USD	Annual
Management internalization expense	`ManagementInternalizationExpense`	-	USD	Annual
Management internalization expense	`ManagementInternalizationExpense`	-	USD	Annual
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$151.00K	USD	Annual
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$271.00K	USD	Annual
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$365.00K	USD	Annual
Total expenses	`OperatingExpenses`	$61.14M	USD	Annual
Total expenses	`OperatingExpenses`	$98.66M	USD	Annual
Total expenses	`OperatingExpenses`	$96.23M	USD	Annual
Income (loss) before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-2.50M	USD	Annual
Income (loss) before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$9.59M	USD	Annual
Income (loss) before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$17.27M	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$1.07M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$9.59M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$18.34M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-574.00K	USD	Annual
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$354.00K	USD	Annual
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$720.00K	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-7.75M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$11.80M	USD	Annual
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.41M	USD	Annual
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.19	USD	Annual
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$-0.17	USD	Annual
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.10	USD	Annual
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.10	USD	Annual
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$-0.17	USD	Annual
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.19	USD	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	60.64M	shares	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	46.26M	shares	Annual
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.87M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.87M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	46.26M	shares	Annual
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	60.64M	shares	Annual

Cash Flow Statement 145 line items

Line Item	Tag	Value	Unit	Period
Cash acquired	`CashAcquiredFromAcquisition`	$559.00K	USD	Annual
Cash acquired	`CashAcquiredFromAcquisition`	$559.00K	USD	Annual
Net income (loss)	`NetIncomeLoss`	$9.59M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$18.34M	USD	Annual
Depreciation expense	`Depreciation`	$26.75M	USD	Annual
Depreciation expense	`Depreciation`	$33.83M	USD	Annual
Depreciation expense	`Depreciation`	$19.07M	USD	Annual
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$9.57M	USD	Annual
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$5.57M	USD	Annual
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$12.96M	USD	Annual
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$881.00K	USD	Annual
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$504.00K	USD	Annual
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$520.00K	USD	Annual
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.45M	USD	Annual
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.98M	USD	Annual
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.31M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$5.81M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$5.32M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$3.34M	USD	Annual
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$168.00K	USD	Annual
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$131.00K	USD	Annual
Capitalized preacquisition costs charged to expense	`NoncashMergerRelatedCosts`	$231.00K	USD	Annual
Noncash lease expense	`NoncashLeaseExpense`	$111.00K	USD	Annual
Noncash lease expense	`NoncashLeaseExpense`	-	USD	Annual
Noncash lease expense	`NoncashLeaseExpense`	-	USD	Annual
Reserve for uncollectible receivables, net	`ReserveForUncollectibleReceivables`	$183.00K	USD	Annual
Reserve for uncollectible receivables, net	`ReserveForUncollectibleReceivables`	$963.00K	USD	Annual
Reserve for uncollectible receivables, net	`ReserveForUncollectibleReceivables`	-	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	-	USD	Annual
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$1.07M	USD	Annual
Other	`OtherNoncashIncomeExpense`	$16.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-105.00K	USD	Annual
Other	`OtherNoncashIncomeExpense`	$-62.00K	USD	Annual
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$657.00K	USD	Annual
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$2.14M	USD	Annual
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$1.60M	USD	Annual
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.76M	USD	Annual
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.30M	USD	Annual
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$5.16M	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$-12.00K	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$110.00K	USD	Annual
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$247.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.56M	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$857.00K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.92M	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$200.00K	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$129.00K	USD	Annual
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$2.20M	USD	Annual
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$584.00K	USD	Annual
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	-	USD	Annual
Accrued management fees due to related party	`IncreaseDecreaseInDueToRelatedParties`	$-1.73M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.43M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$34.52M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$68.97M	USD	Annual
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$217.68M	USD	Annual
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$192.25M	USD	Annual
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$254.99M	USD	Annual
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired of $559	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$5.09M	USD	Annual
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired of $559	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Internalization - cash paid for acquisition of Former Advisor, net of cash acquired of $559	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	Annual
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	-	USD	Annual
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	$5.48M	USD	Annual
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	-	USD	Annual
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-1.58M	USD	Annual
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$1.37M	USD	Annual
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-180.00K	USD	Annual
Loans (made to) repayments received from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-16.00K	USD	Annual
Loans (made to) repayments received from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-60.00K	USD	Annual
Loans (made to) repayments received from related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$28.00K	USD	Annual
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$1.11M	USD	Annual
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$1.82M	USD	Annual
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$9.40M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-194.66M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-258.20M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-223.67M	USD	Annual
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$53.09M	USD	Annual
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$205.52M	USD	Annual
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$189.50M	USD	Annual
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.54M	USD	Annual
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$2.72M	USD	Annual
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$293.00K	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	$14.80M	USD	Annual
Proceeds from notes payable	`ProceedsFromNotesPayable`	-	USD	Annual
Repayment of notes payable	`PaymentsOnNotesPayableFromAcquisitions`	$136.00K	USD	Annual
Repayment of notes payable	`PaymentsOnNotesPayableFromAcquisitions`	$419.00K	USD	Annual
Repayment of notes payable	`PaymentsOnNotesPayableFromAcquisitions`	$8.00M	USD	Annual
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$238.40M	USD	Annual
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$221.60M	USD	Annual
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$244.25M	USD	Annual
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$224.20M	USD	Annual
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$173.18M	USD	Annual
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$64.55M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$1.29M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$1.04M	USD	Annual
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$6.18M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$29.17M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$39.94M	USD	Annual
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$52.50M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$5.82M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$5.82M	USD	Annual
Dividends paid to preferred stockholders	`PaymentsOfDividends`	$5.82M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$127.70M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$192.72M	USD	Annual
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$224.11M	USD	Annual
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.34M	USD	Annual
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.01M	USD	Annual
Net increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$3.57M	USD	Annual
Cash and cash equivalents and restricted cash-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$12.76M	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-beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.84M	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`	$12.76M	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`	$4.84M	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`	$16.28M	USD	Annual
Cash payments for interest	`InterestPaidNet`	$16.91M	USD	Annual
Cash payments for interest	`InterestPaidNet`	$17.71M	USD	Annual
Accrued dividends payable	`LiabilitiesAssumed1`	$11.09M	USD	Annual
Accrued dividends payable	`LiabilitiesAssumed1`	$12.47M	USD	Annual
Accrued dividends payable	`LiabilitiesAssumed1`	$15.67M	USD	Annual
Interest rate swap agreements fair value change recognized in other comprehensive income (loss)	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-11.58M	USD	Annual
Interest rate swap agreements fair value change recognized in other comprehensive income (loss)	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$11.54M	USD	Annual
Interest rate swap agreements fair value change recognized in other comprehensive income (loss)	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$2.95M	USD	Annual
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$1.04M	USD	Annual
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$18.19M	USD	Annual
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$1.08M	USD	Annual
CMBS loan assumed in connection with a facility acquisition	`LoansAssumed1`	-	USD	Annual
CMBS loan assumed in connection with a facility acquisition	`LoansAssumed1`	-	USD	Annual
CMBS loan assumed in connection with a facility acquisition	`LoansAssumed1`	$12.07M	USD	Annual
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	$80.00K	USD	Annual
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	$269.00K	USD	Annual
Accrued common stock offering costs	`AccruedCommonStockOfferingCosts`	-	USD	Annual
OP Units issued for property acquisitions	`StockIssued1`	-	USD	Annual
OP Units issued for property acquisitions	`StockIssued1`	$506.00K	USD	Annual
OP Units issued for property acquisitions	`StockIssued1`	-	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.22M	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$698.00K	USD	Annual
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$276.00K	USD	Annual
Initial recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	$3.14M	USD	Annual
Initial recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	-	USD	Annual
Initial recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	-	USD	Annual

Stockholders Equity 39 line items

Line Item	Tag	Value	Unit	Period
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.82	USD	Annual
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.80	USD	Annual
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.80	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.88	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.88	USD	Annual
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.88	USD	Annual
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.75M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time
Net income (loss)	`NetIncomeLoss`	$9.59M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$18.34M	USD	Annual
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$205.60M	USD	Annual
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$189.23M	USD	Annual
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$53.28M	USD	Annual
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
LTIP Units and OP Units redeemed for common stock	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	-	USD	Annual
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$-2.95M	USD	Annual
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$11.58M	USD	Annual
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$-11.54M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.34M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.32M	USD	Annual
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$5.81M	USD	Annual
Dividends to common stockholders	`DividendsCommonStock`	$37.64M	USD	Annual
Dividends to common stockholders	`DividendsCommonStock`	$29.79M	USD	Annual
Dividends to common stockholders	`DividendsCommonStock`	$52.04M	USD	Annual
Dividends to preferred stockholders	`DividendsPreferredStock`	$5.82M	USD	Annual
Dividends to preferred stockholders	`DividendsPreferredStock`	$5.82M	USD	Annual
Dividends to preferred stockholders	`DividendsPreferredStock`	$5.82M	USD	Annual
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.69M	USD	Annual
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.65M	USD	Annual
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$3.49M	USD	Annual
OP Units issued to third parties	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$506.00K	USD	Annual
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$299.75M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$460.35M	USD	Point-in-time

Comprehensive Income 21 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLoss`	$9.59M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$-2.50M	USD	Annual
Net income (loss)	`NetIncomeLoss`	$18.34M	USD	Annual
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-11.54M	USD	Annual
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$-2.95M	USD	Annual
Increase (decrease) in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$11.58M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-11.54M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-2.95M	USD	Annual
Total other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$11.58M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$29.93M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-14.04M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$6.63M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Preferred stock dividends	`PreferredStockDividendsIncomeStatementImpact`	$5.82M	USD	Annual
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$74.00K	USD	Annual
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.39M	USD	Annual
Less: Comprehensive (income) loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.36M	USD	Annual
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$739.00K	USD	Annual
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$22.71M	USD	Annual
Comprehensive income (loss) attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$-18.50M	USD	Annual

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