10-Q Filing

GLOBAL MEDICAL REIT INC. CIK: 1533615 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-016416`
Period End Date	20220930
Filing Date	20221104
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	gmre-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 98 Income Statement 78 Cash Flow Statement 89 Stockholders Equity 46 Comprehensive Income 28

Balance Sheet 98 line items

Line Item	Tag	Value	Unit	Period
Land	`Land`	$152.06M	USD	Point-in-time
Land	`Land`	$168.29M	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$1.08B	USD	Point-in-time
Building	`InvestmentBuildingAndBuildingImprovements`	$985.09M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$19.02M	USD	Point-in-time
Site improvements	`BuildingsAndImprovementsGross`	$21.98M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$58.90M	USD	Point-in-time
Tenant improvements	`TenantImprovements`	$65.00M	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$607.00K	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$147.84M	USD	Point-in-time
Acquired lease intangible assets	`FiniteLivedIntangibleAssetAcquiredInPlaceLeases`	$127.93M	USD	Point-in-time
Unamortized debt issuance costs	`UnamortizedDebtIssuanceExpense`	$491.00K	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`	$1.48B	USD	Point-in-time
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$182.25M	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
Less: accumulated depreciation and amortization	`RealEstateInvestmentPropertyAccumulatedDepreciation`	$143.25M	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.30B	USD	Point-in-time
Investment in real estate, net	`RealEstateInvestmentPropertyNet`	$1.20B	USD	Point-in-time
Preferred stock, shares issued	`PreferredStockSharesIssued`	3.10M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$6.03M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.20M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$5.84M	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`	$5.55M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$10.40M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Tenant receivables, net	`AccountsReceivableNet`	$6.07M	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
Tenant receivables, net	`AccountsReceivableNet`	$6.38M	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`	$337.00K	USD	Point-in-time
Due from related parties	`DueFromRelatedParties`	$163.00K	USD	Point-in-time
Escrow deposits	`DepositsAssets`	$5.96M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	65.52M	shares	Point-in-time
Escrow deposits	`DepositsAssets`	$7.66M	USD	Point-in-time
Common stock, shares issued	`CommonStockSharesIssued`	64.88M	shares	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	64.88M	shares	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$28.67M	USD	Point-in-time
Deferred assets	`DeferredCostsAndOtherAssets`	$25.42M	USD	Point-in-time
Common stock, shares outstanding	`CommonStockSharesOutstanding`	65.52M	shares	Point-in-time
Derivative asset	`DerivativeAssets`	$1.24M	USD	Point-in-time
Derivative asset	`DerivativeAssets`	$36.93M	USD	Point-in-time
Goodwill	`Goodwill`	$5.90M	USD	Point-in-time
Goodwill	`Goodwill`	$5.90M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$6.23M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$7.04M	USD	Point-in-time
Total assets	`Assets`	$1.41B	USD	Point-in-time
Total assets	`Assets`	$1.26B	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $9,802 and $8,033 at September 30, 2022 and December 31, 2021, respectively	`LineOfCredit`	$634.90M	USD	Point-in-time
Credit Facility, net of unamortized debt issuance costs of $9,802 and $8,033 at September 30, 2022 and December 31, 2021, respectively	`LineOfCredit`	$514.57M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $491 and $607 at September 30, 2022 and December 31, 2021, respectively	`NotesPayable`	$57.92M	USD	Point-in-time
Notes payable, net of unamortized debt issuance costs of $491 and $607 at September 30, 2022 and December 31, 2021, respectively	`NotesPayable`	$57.16M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$13.10M	USD	Point-in-time
Accounts payable and accrued expenses	`AccruedLiabilitiesCurrentAndNoncurrent`	$10.34M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$15.67M	USD	Point-in-time
Dividends payable	`DividendsPayableCurrentAndNoncurrent`	$15.78M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$5.40M	USD	Point-in-time
Security deposits	`SecurityDepositLiability`	$4.54M	USD	Point-in-time
Derivative liability	`DerivativeLiabilities`	$7.79M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$6.85M	USD	Point-in-time
Other liabilities	`OtherLiabilities`	$7.71M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$8.13M	USD	Point-in-time
Acquired lease intangible liability, net	`BelowMarketLeaseNet`	$8.22M	USD	Point-in-time
Total liabilities	`Liabilities`	$742.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$625.91M	USD	Point-in-time
Preferred stock, $0.001 par value, 10,000 shares authorized; 3,105 issued and outstanding at September 30, 2022 and December 31, 2021, respectively (liquidation preference of $77,625 at September 30, 2022 and December 31, 2021, 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, 2022 and December 31, 2021, respectively (liquidation preference of $77,625 at September 30, 2022 and December 31, 2021, respectively)	`PreferredStockValue`	$74.96M	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 65,518 shares and 64,880 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$65.00K	USD	Point-in-time
Common stock, $0.001 par value, 500,000 shares authorized; 65,518 shares and 64,880 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$66.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$722.07M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$711.41M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-157.02M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-185.32M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-6.64M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$36.88M	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`	$648.67M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$14.79M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$15.92M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$664.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.25M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.11M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$630.23M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.41B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.26B	USD	Point-in-time

Income Statement 78 line items

Line Item	Tag	Value	Unit	Period
Rental revenue	`OperatingLeaseLeaseIncome`	$35.35M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$29.97M	USD	1 Quarter
Rental revenue	`OperatingLeaseLeaseIncome`	$85.49M	USD	3 Qtrs
Rental revenue	`OperatingLeaseLeaseIncome`	$100.88M	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$59.00K	USD	1 Quarter
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$101.00K	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$100.00K	USD	3 Qtrs
Other income	`RevenueFromContractWithCustomerIncludingAssessedTax`	$16.00K	USD	1 Quarter
Total revenue	`Revenues`	$100.98M	USD	3 Qtrs
Total revenue	`Revenues`	$85.59M	USD	3 Qtrs
Total revenue	`Revenues`	$29.98M	USD	1 Quarter
Total revenue	`Revenues`	$35.41M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.85M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$12.49M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$12.52M	USD	3 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.96M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$18.05M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$10.96M	USD	3 Qtrs
Operating expenses	`OtherGeneralExpense`	$6.68M	USD	1 Quarter
Operating expenses	`OtherGeneralExpense`	$3.97M	USD	1 Quarter
Depreciation expense	`Depreciation`	$24.78M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$10.13M	USD	1 Quarter
Depreciation expense	`Depreciation`	$8.64M	USD	1 Quarter
Depreciation expense	`Depreciation`	$29.43M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$12.20M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$9.44M	USD	3 Qtrs
Amortization expense	`AdjustmentForAmortization`	$3.30M	USD	1 Quarter
Amortization expense	`AdjustmentForAmortization`	$4.29M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.83M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.96M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.89M	USD	3 Qtrs
Interest expense	`InterestExpense`	$17.17M	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$146.00K	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$242.00K	USD	3 Qtrs
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$112.00K	USD	1 Quarter
Preacquisition expense	`BusinessCombinationAcquisitionRelatedCosts`	$18.00K	USD	1 Quarter
Total expenses	`OperatingExpenses`	$72.74M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$89.58M	USD	3 Qtrs
Total expenses	`OperatingExpenses`	$24.61M	USD	1 Quarter
Total expenses	`OperatingExpenses`	$32.13M	USD	1 Quarter
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$5.37M	USD	1 Quarter
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$11.39M	USD	3 Qtrs
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$12.86M	USD	3 Qtrs
Income before gain on sale of investment property	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$3.28M	USD	1 Quarter
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	1 Quarter
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$18.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
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`	$224.00K	USD	1 Quarter
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$517.00K	USD	1 Quarter
Less: Net (income) loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$830.00K	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$12.95M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.00M	USD	3 Qtrs
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$3.69M	USD	1 Quarter
Net income (loss) attributable to common stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$8.06M	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.06	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.13	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - basic	`EarningsPerShareBasic`	$0.20	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.13	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.20	USD	3 Qtrs
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Net income (loss) attributable to common stockholders per share - diluted	`EarningsPerShareDiluted`	$0.06	USD	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	59.40M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	64.20M	shares	1 Quarter
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.44M	shares	3 Qtrs
Weighted average shares outstanding - basic	`WeightedAverageNumberOfSharesOutstandingBasic`	65.52M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	56.40M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	64.20M	shares	1 Quarter
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.44M	shares	3 Qtrs
Weighted average shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	65.52M	shares	1 Quarter

Cash Flow Statement 89 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$18.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$24.78M	USD	3 Qtrs
Depreciation expense	`Depreciation`	$10.13M	USD	1 Quarter
Depreciation expense	`Depreciation`	$8.64M	USD	1 Quarter
Depreciation expense	`Depreciation`	$29.43M	USD	3 Qtrs
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$12.14M	USD	3 Qtrs
Amortization of acquired lease intangible assets	`FinanceLeaseRightOfUseAssetAmortization`	$9.38M	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$735.00K	USD	3 Qtrs
Amortization of above market leases, net	`AmortizationOfAboveAndBelowMarketLeases`	$318.00K	USD	3 Qtrs
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.60M	USD	3 Qtrs
Amortization of debt issuance costs and other	`OtherAmortizationOfDeferredCharges`	$1.47M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.04M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$4.57M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$1.24M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$3.62M	USD	3 Qtrs
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$123.00K	USD	3 Qtrs
Capitalized preacquisition and other costs charged to expense	`NoncashMergerRelatedCosts`	$344.00K	USD	3 Qtrs
Reserve for uncollectible accounts	`ReserveForUncollectibleReceivables`	$-100.00K	USD	3 Qtrs
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	1 Quarter
Gain on sale of investment property	`DiscontinuedOperationGainLossOnDisposalOfDiscontinuedOperationNetOfTax`	$6.75M	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-38.00K	USD	3 Qtrs
Other	`OtherNoncashIncomeExpense`	$-68.00K	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$-570.00K	USD	3 Qtrs
Tenant receivables	`IncreaseDecreaseInOtherReceivables`	$1.31M	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$4.15M	USD	3 Qtrs
Deferred assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$3.39M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$1.38M	USD	3 Qtrs
Other assets and liabilities	`IncreaseDecreaseInOtherCurrentAssets`	$810.00K	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$3.56M	USD	3 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.96M	USD	3 Qtrs
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$864.00K	USD	3 Qtrs
Security deposits	`IncreaseDecreaseInSecurityDeposits`	$260.00K	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$51.68M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$58.23M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$165.74M	USD	3 Qtrs
Purchase of land, buildings, and other tangible and intangible assets and liabilities	`PaymentsForProceedsFromProductiveAssets`	$150.59M	USD	3 Qtrs
Net proceeds from sale of investment property	`ProceedsFromSaleOfInvestmentProperty`	$17.89M	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$-795.00K	USD	3 Qtrs
Escrow deposits for purchase of properties	`PaymentsForProceedsFromOtherDeposits`	$302.00K	USD	3 Qtrs
Advances made to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-172.00K	USD	3 Qtrs
Advances made to related parties	`ProceedsFromPaymentsForLongTermLoansForRelatedParties`	$-174.00K	USD	3 Qtrs
Payment received on loan made to a tenant	`RepaymentOfNotesReceivableFromRelatedParties`	$1.00M	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$3.66M	USD	3 Qtrs
Capital expenditures on existing real estate investments	`PaymentsForProceedsFromInvestments`	$1.62M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-135.84M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-166.74M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$9.98M	USD	3 Qtrs
Net proceeds received from common equity offerings	`ProceedsFromIssuanceOfCommonStock`	$194.43M	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.40M	USD	3 Qtrs
Escrow deposits required by third party lenders	`PaymentsForDepositsAppliedToDebtRetirements`	$1.95M	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$873.00K	USD	3 Qtrs
Repayment of notes payable	`RepaymentsOfNotesPayable`	$7.73M	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$187.70M	USD	3 Qtrs
Proceeds from Credit Facility	`ProceedsFromLongTermLinesOfCredit`	$127.10M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$207.20M	USD	3 Qtrs
Repayment of Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$5.00M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$6.18M	USD	3 Qtrs
Payment of debt issuance costs	`PaymentsOfDebtIssuanceCost`	$3.21M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$43.78M	USD	3 Qtrs
Dividends paid to common stockholders, and OP Unit and LTIP Unit holders	`PaymentOfDividendsCommonStockOpAndLtipUnits`	$38.54M	USD	3 Qtrs
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`	$78.44M	USD	3 Qtrs
Net cash provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$116.17M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.12M	USD	3 Qtrs
Net (decrease) increase in cash and cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$836.00K	USD	3 Qtrs
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`	$13.60M	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`	$11.87M	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`	$13.60M	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`	$11.87M	USD	Point-in-time
Cash payments for interest	`InterestPaidNet`	$13.31M	USD	3 Qtrs
Cash payments for interest	`InterestPaidNet`	$15.25M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$15.78M	USD	3 Qtrs
Accrued dividends payable	`LiabilitiesAssumed1`	$15.31M	USD	3 Qtrs
Interest rate swap agreements fair value change recognized in other comprehensive income	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-6.27M	USD	3 Qtrs
Interest rate swap agreements fair value change recognized in other comprehensive income	`ChangeInFairValueOfInterestRateSwapRecognizedInOtherComprehensiveIncomeLossNonCashOrPartialNonCashTransaction`	$-43.52M	USD	3 Qtrs
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$919.00K	USD	3 Qtrs
OP Units and LTIP Units redeemed for common stock	`UnitsConvertedToCommonStock`	$682.00K	USD	3 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$1.19M	USD	3 Qtrs
Accrued capital expenditures included in accounts payable and accrued expenses	`CapitalExpendituresIncurredButNotYetPaid`	$909.00K	USD	3 Qtrs
Recognition of lease liability related to right of use asset	`CapitalLeaseObligationsIncurred`	$511.00K	USD	3 Qtrs
Loan assumed in connection with a facility acquisition	`LoansAssumed1`	$1.51M	USD	3 Qtrs

Stockholders Equity 46 line items

Line Item	Tag	Value	Unit	Period
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.20	USD	1 Quarter
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.61	USD	3 Qtrs
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.21	USD	1 Quarter
Dividends to common stockholders	`CommonStockDividendsPerShareDeclared`	$0.63	USD	3 Qtrs
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`	$0.47	USD	1 Quarter
Dividends to preferred stockholders	`PreferredStockDividendsPerShareDeclared`	$1.41	USD	3 Qtrs
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$664.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.25M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.11M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$630.23M	USD	Point-in-time
Net income	`NetIncomeLoss`	$18.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$9.98M	USD	3 Qtrs
Issuance of shares of common stock, net	`CommonStockIssuedDuringPeriodValueNewIssues`	$194.51M	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$43.52M	USD	3 Qtrs
Change in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossChangeInFairValueOfInterestRateSwapAgreement`	$20.36M	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`	$1.84M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.24M	USD	1 Quarter
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.62M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.57M	USD	3 Qtrs
Stock-based compensation expense	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.04M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$38.79M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$13.76M	USD	1 Quarter
Dividends to common stockholders	`DividendsCommonStock`	$41.25M	USD	3 Qtrs
Dividends to common stockholders	`DividendsCommonStock`	$13.16M	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 preferred stockholders	`DividendsPreferredStock`	$4.37M	USD	3 Qtrs
Dividends to preferred stockholders	`DividendsPreferredStock`	$1.46M	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.64M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$735.00K	USD	1 Quarter
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.59M	USD	3 Qtrs
Dividends to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$859.00K	USD	1 Quarter
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$664.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.25M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$637.58M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$457.76M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$649.11M	USD	Point-in-time
Balances	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$630.23M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net income	`NetIncomeLoss`	$18.15M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$10.03M	USD	1 Quarter
Net income	`NetIncomeLoss`	$5.37M	USD	1 Quarter
Net income	`NetIncomeLoss`	$12.86M	USD	3 Qtrs
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$1.84M	USD	1 Quarter
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$6.27M	USD	3 Qtrs
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$43.52M	USD	3 Qtrs
Increase in fair value of interest rate swap agreements	`OtherComprehensiveIncomeLossDerivativeExcludedComponentIncreaseDecreaseAfterAdjustmentsAndTax`	$20.36M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$43.52M	USD	3 Qtrs
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$20.36M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$1.84M	USD	1 Quarter
Total other comprehensive income	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$6.27M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$19.13M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$30.39M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.21M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$61.67M	USD	3 Qtrs
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 attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$329.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.74M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$858.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$3.45M	USD	3 Qtrs
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$27.19M	USD	1 Quarter
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$53.85M	USD	3 Qtrs
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$5.42M	USD	1 Quarter
Comprehensive income attributable to common stockholders	`ComprehensiveIncomeLossNetOfTaxAttributableToCommonShareholders`	$13.90M	USD	3 Qtrs

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